Summit Salon Academy-Kokomo campus
Summit Salon Academy-Kokomo logo

Summit Salon Academy-Kokomo

Type Less than 2 year, Private
Business Model For Profit
Campus locale City: Small
Degrees offered Undergraduate
Calendar system Continuous
Student body size Small
Student to faculty ratio 18 to 1
Students retention rate 64%
On-time graduation rate 5%

Located in Kokomo, Indiana, Summit Salon Academy-Kokomo is a private, for profit institution that offers undergraduate degrees. The college operates on a continuous calendar system, providing flexibility in scheduling.

One of the notable aspects of Summit Salon Academy-Kokomo is its open admission policy. This means that all high school graduates and individuals who hold a GED qualification are eligible to apply for admission. This inclusive approach allows a wide range of students to pursue their higher education goals, regardless of their academic background.

Summit Salon Academy-Kokomo is accredited by the National Accrediting Commission of Career Arts and Sciences, ensuring that the institution meets certain standards of quality and effectiveness. This accreditation also allows students to transfer credits to other accredited institutions if they choose to continue their education elsewhere.

The student-to-faculty ratio at Summit Salon Academy-Kokomo is 18-to-1, which is slightly higher than both the state and national averages. The state average student-to-faculty ratio in Indiana is 16-to-1, while the national average is 16-to-1. A lower student-to-faculty ratio generally allows for more personalized attention and interaction between students and faculty.

While the on-time graduation rate at Summit Salon Academy-Kokomo is reported to be 5%, it is essential to consider the context of this statistic. For-profit institutions often serve a diverse student population, including many non-traditional students who may face unique challenges in completing their degrees. For comparison, Indiana state's graduation rate for the 2021-2022 was 48% whereas the national average was 69%.

The retention rate of students at Summit Salon Academy-Kokomo is 64% , which is lower than both the state and national averages. The state average retention rate in Indiana is 66%, while the national average is 76%. This indicates that a significant proportion of students who enroll at Summit Salon Academy-Kokomo do not continue their studies after the first year.


  • Accredited by: National Accrediting Commission of Career Arts and Sciences

Admission

Open Admission

The institution does not have any selection criteria for enrollment. All high school graduates and GED certificate holders are eligible for admission.

Tuition & Fees

The most popular programs at Summit Salon Academy-Kokomo are Aesthetician/Esthetician and Skin Care Specialist, Barbering/Barber, Cosmetology, Barber/Styling, and Nail Instructor. Below is the cost of attendance for these programs as well as the cost of attendance for similar schools that provide the same program.

Aesthetician/Esthetician and Skin Care Specialist

Barbering/Barber

Cosmetology, Barber/Styling, and Nail Instructor

Average Net Price

The net price represents the amount of money students pay after receiving financial aid. In 2022, the average net price for first-year, full-time students at Summit Salon Academy-Kokomo was $15,756. This amount varies among students due to the different levels of financial aid offered based on their family's financial status.

Financial aid includes federal, state, or local government grants and institutional grants and scholarships

Summit Salon Academy-Kokomo net price calculator

$15,756

Below is the average net price of Less than 2 year, private For Profit colleges in Indiana and nationwide.

Indiana's average $9,921
National average $17,367
Below is the net price of Summit Salon Academy-Kokomo for the past 10 years categorized by different levels of family income brackets.
Year Average Price Change Less than $30k $30k to $48k $48k to $75k $75k to $110k over $110k
2022 $15,756 $2,200 (16%) $14,927 $15,081 $17,667 $20,119 $20,119
2021 $13,556 $1,282 (9%) $12,733 $13,486 $14,763 $18,008
2020 $14,838 $942 (7%) $12,729 $15,919 $17,592 $17,592
2019 $13,896 $3,775 (21%) $12,586 $14,208 $16,024 $17,489 $17,489
2018 $17,671 $1,023 (6%) $16,720 $16,614 $18,370 $20,249 $20,249
2017 $16,648 $1,516 (10%) $14,773 $16,401 $18,318 $20,136 $20,136
2016 $15,132 $2,191 (17%) $14,349 $14,772 $17,822 $19,152
2015 $12,941 $310 (2%) $13,043 $12,531 $16,765 $17,601
2014 $13,251 -- $12,345 $11,990 $16,590 $17,265

How does Summit Salon Academy-Kokomo's $15,756 net price compare to similar institutions nationwide?

The national average net price of private, Less than 2 year institutions is $17,367. However, for Indiana colleges, that number is $9,921. The table below displays the average net price of comparable colleges:
College name College Type Average net price Comparison
Summit Salon Academy logo Summit Salon Academy
Anderson IN
Private $15,708 Similar

Tuition Plans

Tuition plans offered by Summit Salon Academy-Kokomo during 2022 academic year.

  • Prepaid tuition plan
    Not Offered
  • Guaranteed tuition plan
    Not Offered
  • Tuition payment plan
    Offered
  • Other alternative tuition plan
    Not Offered

Financial Aid

Average Grant & Scholarships

In 2022, 74 of freshman students at Summit Salon Academy-Kokomo received on average $4,107 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$4,107
Students Receiving Aid Average Amount Total Amount
Pell Grant 51 74% $4,107 $209,457
Other Federal Grant 51 74% $4,107 $209,457
State Grant/Scholarships 0 0% - -
Institutional Grant/Scholarships 0 0% - -
Total Grant & Scholarships 51 74% $4,107 $209,457

Average Student Loans

In 2022, 84% of freshman students at Summit Salon Academy-Kokomo received $6,409 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$6,409
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 58 84% $6,409 $371,718
Private Loans 0 0% - -
Total Loans 58 84% $6,409 $371,718

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

NO DATA
NO DATA

Academic Programs

Below is a list of academic programs offered at Summit Salon Academy-Kokomo sorted by popularity.

Culinary and Personal Services

Total number of students graduated under this category 66

Cosmetology/Cosmetologist

Undergraduate Certificate 28 students

Aesthetician/Esthetician and Skin Care Specialist

Undergraduate Certificate 26 students

Barbering/Barber

Undergraduate Certificate 10 students

Cosmetology, Barber/Styling, and Nail Instructor

Undergraduate Certificate 2 students

Nail Technician/Specialist and Manicurist

No graduate

Outcome

Graduation Rate

Out of 66 students who enrolled in 2018 and after, 3 students graduated within the normal graduation time of their respective program and 42 students graduated late (within 150% of the normal time it takes to graduate).

63.6%

Dropout Rate

Out of 66 students who enrolled in 2018 and after, 23 students dropped out of the school.

34.9%

Transferred Out

Out of 66 students who enrolled in 2018 and after, 1 students transferred out of the school.

1.5%

Students Population

Gender Diversity

Low

Based on the 2021-2022 data, the undergraduate student population at Summit Salon Academy-Kokomo is greatly skewed towards women students, with 86.6% of undergraduate students being women and 13.4% being men. The total number of full-time, first-year undergraduate students is 127, with 110 women and 17 men.

  • men 13.4% 17 students
  • women 86.6% 110 students

Students Age Diversity

  • 18-19 28% 35 students
  • 20-21 24% 31 students
  • 25-29 19% 24 students
  • 22-24 14% 18 students
  • 30-34 7% 9 students
  • 35-39 4% 5 students
  • 40-49 2% 3 students
  • 50-64 2% 2 students

Miscellaneous

Service Offerings

Summit Salon Academy-Kokomo provides the following additional services to its students
  • Placement services for graduates

Educational Offerings

Summit Salon Academy-Kokomo offers educational programs in the following categories. Check the programs page to learn more about specific programs that you are interested in.
  • Occupational

Special Learning Opportunities

  • Weekend/evening classes

Veteran Services

  • Yellow Ribbon Program (officially known as Post-9/11 GI Bill, Yellow Ribbon Program)