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Formations Institute of Cosmetology & Barbering : Overview, Courses, Scholarships & Rankings

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About Formations Institute of Cosmetology & Barbering

No overview is currently available.

Key Institutional Details

Contact & Profile

Location
502 Texas Ave, Woodward, Oklahoma, 73801, USA
Phone
+1 (580) 216-4025
Website
formationsinstitute.edu
Unit ID
208044

Academic & Institutional

Control
Private for-profit institution (operates for revenue)
Accreditation
NACCAS
Length of Study
Programs of 4 years or more (e.g. bachelor's or graduate degrees)
Calendar System
Other calendar system
Award Levels
Certificate (1-2 yrs)
Other Award
Campus Setting
Located in a remote town (35+ miles from urbanized area)
Carnegie Classification
Not available
Student Profile
Total Students 31
Undergraduate 31
Graduate/Other 0
Male: 7 Female: 24
Applications
Total Applicants N/A
Admitted N/A
Enrolled N/A
Staff
Total Staff 9
Full-time 6
Part-time 3
Full-time: 66.7% Part-time: 33.3%

Academic Programs & Fields of Study

Formations Institute of Cosmetology & Barbering offers 5 degree programs across 1 major academic fields, graduating approximately 26 students annually. The most popular fields by graduate volume are Personal Services (5 programs, 26 graduates). Explore program details, award levels, and graduate demographics below.

Personal Services (5 programs, 26 graduates)
Hospitality Management, Culinary Arts and Personal Care
Program Name Graduates Gender Distribution Award Levels CIP Code
Cosmetology 9
Certificate (1-2 yrs)
 12.0401
Barbering 6
Certificate (1-2 yrs)
 12.0402
Aesthetician and Skin Care Specialist 6
Other Award
 12.0409
Nail Technology and Manicuring 4
Other Award
 12.0410
Cosmetology and Barber Styling Instructor 1
Certificate (1-2 yrs)
 12.0413

Tuition, Fees & Estimated Costs

Overview of tuition rates, housing, and other annual education expenses for undergraduate and graduate students

Estimated Total Cost
(In-state)
N/A
Estimated Total Cost
(Out-state)
N/A
In-state Tuition (incl. fees)
N/A
Tuition and fees for students residing in-state
Out-of-state Tuition (incl. fees)
N/A
Tuition and fees for non-resident students
Room & Board
N/A
Housing and meal plan expenses
Books & Supplies
N/A
Average yearly cost of books and study materials
Other Expenses
N/A
Miscellaneous personal and institutional expenses
Other Expenses (with family)
N/A
Estimated cost for students living with family
Graduate In-state Tuition (incl. fees)
N/A
Graduate tuition rates for in-state students
Graduate Out-of-state Tuition (incl. fees)
N/A
Graduate tuition rates for non-resident students

Financial Aid & Student Support

Summary of scholarships, grants, student loans, and financial aid statistics for undergraduate students

30%
FTFT Aid Recipients
Avg. Grant
$4,751
Avg. Loan
$7,085
Avg. Federal Loan
$7,085
Additional
Students with Any Grant
17
Students who received any type of grant aid
Students with Any Loan
16
Students who received any type of loan-based aid
Students with Federal Grant
16
Students who received a federal grant
Avg. Institutional Grant
$300
Average amount of institutional grant awarded
Show more financial aid data

Student Success Metrics

Graduation rates and post-graduation earnings to help assess student outcomes and long-term value of education.

N/A
Graduation Rate
Percentage of students who successfully graduate from the institution
N/A
First-Year Retention Rate
Percentage of first-year students who continue for a second year
Median Earnings Over Time
Median Salary After 6 Years
$16,621
Average annual earnings of former students six years after starting college.
Median Salary After 10 Years
$17,260
Average annual earnings of former students ten years after starting college.

Loan Burden & Repayment Outcomes

Breakdown of loan repayment rates and student debt levels by income and dependency status.

3-Year Loan Repayment Rate
46.2%
Share of borrowers who repaid loans within 3 years
Repayment Rate (Graduates Only)
N/A
Repayment rate among students who completed their program
Median Student Loan Debt
N/A
Median federal loan debt of undergraduate completers at time of graduation.
Repayment by Income
Repayment by Dependency

Frequently Asked Questions

Find answers to the most common questions about Formations Institute of Cosmetology & Barbering

What academic programs and degree levels does Formations Institute of Cosmetology & Barbering offer?

Formations Institute of Cosmetology & Barbering offers 5 academic programs across 1 major fields of study, with available degree levels: Certificate (1-2 yrs), Other Award.

Most popular program areas include:

  • Hospitality Management, Culinary Arts and Personal Care (5 programs)

Data based on IPEDS program completions for 2023-2024 academic year. Numbers reflect programs where students graduated, not all offered programs.

What financial aid and scholarships are available at Formations Institute of Cosmetology & Barbering?

Formations Institute of Cosmetology & Barbering provides financial aid to 30% of first-time, full-time students, with average grants of $4,751 and average loans of $7,085.

Average financial aid amounts by type:

  • Pell grants: $4,991
  • Institutional grants: $300
  • Federal loans: $7,085

The university supports 17 students with grants and 16 students with loans annually.

Data based on IPEDS for 2022-2023 academic year. Financial aid amounts and percentages may vary by program, enrollment status, and individual circumstances.

What is the average salary for Formations Institute of Cosmetology & Barbering graduates?

Formations Institute of Cosmetology & Barbering graduates earn a median salary of $16,621 after 6 years and $17,260 after 10 years.

Data based on IPEDS for 2022-2023 academic year. Salary data reflects graduates who received federal financial aid (approximately 60% of all graduates). Actual earnings may vary significantly based on program, location, and individual circumstances.

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