Gainful Employment Reporting Requirements

 

 

 

Median Loan Debt Incurred by for students who completed the Cosmetology program during the most recently completed award year (7/1/2010-6/30/2011):
 
Title IV Loan Debt: $0
Private Education Loan Debt:  $0
Institutional Finance Plans Owed:  $0
On-Time Completion Rate for students who completed the Cosmetology program during the most recently completed award year (7/1/2010-6/30/2011): 
On-Time (100%) Completion rate:  9.5%
On-Time Completion Rate for students is calculated by the following methodology:  Total number who graduated during 7/1/10-6/30/11 divided by the number who completed their program on or before their original contracted graduation date.
-Please keep in mind that an On Time Completion rate consists of Graduates who complete their program on or before their original contracted graduation date. The Department of Education prohibits institutions from including in the On Time Completion rate; a graduate who may have taken a leave of absence, graduation was delayed due to school closings for bad weather, or changed their original enrollment schedule. It has always been the policy of International Academy to try to accommodate requested schedule changes and documented leave of absences. Students who fall into this category, although they graduate, do not meet the definition of an on time completer/graduate and are not included in this rate.

Median Loan Debt Incurred by for students who completed the Cosmetology program during the most recently completed award year (7/1/2010-6/30/2011):

 

Title IV Loan Debt: $0

Private Education Loan Debt:  $0

Institutional Finance Plans Owed:  $0

 

 

On-Time Completion Rate for students who completed the Cosmetology program during the most recently completed award year (7/1/2010-6/30/2011): 

 

On-Time (100%) Completion rate:  31.8%

Completers who finsihed satisfactorly within 150% of their program start:  100%


On-Time Completion Rate for students is calculated by the following methodology: Total number who graduated on time during 7/1/10-6/30/11, divided by the number who completed their program, multiplied by (100).

-Please keep in mind that an On Time Completion rate consists of Graduates who complete their program on or before their original contracted graduation date. This rate only consists of graduates who never miss a single hour of scheduled time through out their programs duration.





Occupational Profiles on O*Net 39-5012.00 - Hairdressers, Hairstylists, and Cosmetologists 

Cosmetology Program (CIP Code 12.0401)

Cosmetologist/ Hairdresser/ Hairstylist: (SOC Code 39-5012.00) 1500 Clock Hours


Manicurist: (SOC Code 39-5092.00) 400 Clock Hours

Instructors Program: (SOC Code 25-1194.00) 500 Clock Hours  



 
Accreditation from The National Accrediting Commission of Cosmetology Arts and Sciences (NACCAS)

Nationally Accredited

Financial Aid is available to those who qualify

517-324-3388

16800 Chandler Rd
Suite 112
East Lansing, MI 48823

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