Formations Institute of Cosmetology & Barbering campus
Formations Institute of Cosmetology & Barbering logo

Formations Institute of Cosmetology & Barbering

Type Less than 2 year, Private
Business Model For Profit
Campus locale Town: Remote
Degrees offered Undergraduate
Calendar system Continuous
Student body size Small
Student to faculty ratio 11 to 1
Students retention rate 96%

Located in Woodward, Oklahoma, Formations Institute of Cosmetology & Barbering 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 Formations Institute of Cosmetology & Barbering 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.

Formations Institute of Cosmetology & Barbering 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.

With a students-to-faculty ratio of 11-to-1, Formations Institute of Cosmetology & Barbering emphasizes small class sizes, fostering a supportive and interactive learning environment.

Formations Institute of Cosmetology & Barbering boasts an impressive student retention rate of 96% , indicating that the majority of students choose to continue their education at the institution. This number surpasses both the state and national averages of 62% and 76%, respectively.


  • 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 Formations Institute of Cosmetology & Barbering are 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.

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 Formations Institute of Cosmetology & Barbering was $19,065. 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

Formations Institute of Cosmetology & Barbering net price calculator

$19,065

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

Oklahoma's average $11,698
National average $17,367
Below is the net price of Formations Institute of Cosmetology & Barbering 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 $19,065 $544 (3%) $18,267 $16,167 $21,998
2021 $18,521 $2,162 (13%) $17,579 $18,340 $20,207 $22,303
2020 $16,359 $1,767 (10%) $16,470 $16,543 $14,843
2019 $18,126 $1,866 (11%) $18,080 $18,424
2018 $16,260 $1,234 (7%) $15,155 $16,873 $19,196
2017 $17,494 $818 (5%) $17,593 $17,098 $22,098
2016 $16,676 $1,432 (8%) $16,285 $13,861 $17,733 $18,494 $19,591
2015 $18,108 $5,555 (44%) $18,304 $18,676 $19,599 $21,672 $21,672
2014 $12,553 -- $13,549 $13,869 $15,479 $16,946

Tuition Plans

Tuition plans offered by Formations Institute of Cosmetology & Barbering 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, 67 of freshman students at Formations Institute of Cosmetology & Barbering received on average $3,909 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.

$3,909
Students Receiving Aid Average Amount Total Amount
Pell Grant 20 56% $4,401 $88,020
Other Federal Grant 20 56% $4,401 $88,020
State Grant/Scholarships 4 11% $1,448 $5,792
Institutional Grant/Scholarships 0 0% - -
Total Grant & Scholarships 24 67% $3,909 $93,812

Average Student Loans

In 2022, 64% of freshman students at Formations Institute of Cosmetology & Barbering received $4,548 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$4,548
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 23 64% $4,548 $104,596
Private Loans 0 0% - -
Total Loans 23 64% $4,548 $104,596

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 Formations Institute of Cosmetology & Barbering sorted by popularity.

Culinary and Personal Services

Total number of students graduated under this category 20

Cosmetology/Cosmetologist

Undergraduate Certificate 13 students

Nail Technician/Specialist and Manicurist

Undergraduate Certificate 4 students

Barbering/Barber

Undergraduate Certificate 2 students

Cosmetology, Barber/Styling, and Nail Instructor

Undergraduate Certificate 1 students

Outcome

Graduation Rate

Out of 23 students who enrolled in 2018 and after, 0 students graduated within the normal graduation time of their respective program and 17 students graduated late (within 150% of the normal time it takes to graduate).

73.9%

Dropout Rate

Out of 23 students who enrolled in 2018 and after, 6 students dropped out of the school.

26.1%

Students Population

Gender Diversity

Very Low

Based on the 2021-2022 data, the undergraduate student population at Formations Institute of Cosmetology & Barbering is greatly skewed towards women students, with 90.9% of undergraduate students being women and 9.1% being men. The total number of full-time, first-year undergraduate students is 55, with 50 women and 5 men.

  • men 9.1% 5 students
  • women 90.9% 50 students

Students Age Diversity

  • 18-19 22% 12 students
  • 20-21 22% 12 students
  • 25-29 18% 10 students
  • 22-24 15% 8 students
  • 30-34 9% 5 students
  • 40-49 7% 4 students
  • 35-39 4% 2 students
  • 50-64 2% 1 students

Miscellaneous

Service Offerings

Formations Institute of Cosmetology & Barbering provides the following additional services to its students
  • Remedial services
  • Placement services for graduates
  • Academic/career counseling services
  • Employment services for students

Educational Offerings

Formations Institute of Cosmetology & Barbering offers educational programs in the following categories. Check the programs page to learn more about specific programs that you are interested in.
  • Occupational

Veteran Services

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