Premier Barber Institute

www.premierbarberinstitute.com/

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2021 Average Net Price

$20,795

After Financial Aid

2019 Student Loan

3.23%

Default Rate

2021 Enrolled Students

100% Full-Time

About

Premier Barber Institute is a higher education institution located in Montgomery County, PA. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Premier Barber Institute were Barbering (37 degrees awarded) and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2021, 40 degrees were awarded across all undergraduate and graduate programs at Premier Barber Institute. 17.5% of these degrees were awarded to women, and 82.5% awarded men. The most common race/ethnicity group of degree recipients was black or african american (14 degrees), 1.08 times more than then the next closest race/ethnicity group, white (13 degrees).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $20,795.

In 2021, 55% of undergraduate students attending Premier Barber Institute received financial aid through grants. Comparatively, 62% of undergraduate students received financial aid through loans.

Average Net Price

$20,795

2021 Value

4.45%

1 Year Growth

In 2021 Premier Barber Institute had an average net price — the price paid after factoring in grants and loans — of $20,795. Between 2020 and 2021, the average net price of Premier Barber Institute grew by 4.45%.

This chart compares the average net price of Premier Barber Institute (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Financial Aid by Income Level

55%

Undergraduates Receiving Financial Aid through Grants

62%

Undergraduates Receiving Financial Aid through Loans

55% of undergraduate students at Premier Barber Institute received financial aid through grants or loans in 2021. This represents a decline of 15.4% with respect to 2020, when 65% of undergraduate students received financial aid.

This chart compares the average award discount at Premier Barber Institute (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

3.23%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Premier Barber Institute was 3.23%, which represents 1 out of the 31 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Premier Barber Institute had a total enrollment of 51 students in 2021. The full-time enrollment at Premier Barber Institute is 51 students and the part-time enrollment is 0. This means that 100% of students enrolled at Premier Barber Institute are enrolled full-time.

The enrolled student population at Premier Barber Institute, both undergraduate and graduate, is 52.9% Black or African American, 31.4% White, 11.8% Hispanic or Latino, 1.96% Native Hawaiian or Other Pacific Islanders, and 1.96% Two or More Races.

Students enrolled at Premier Barber Institute in full-time Undergraduate programs are most commonly Black or African American Male (47.1%), followed by White Male (25.5%) and Hispanic or Latino Male (9.8%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Premier Barber Institute in 2021, both undergraduate and graduate, is 51 students. The full-time enrollment at Premier Barber Institute is 51 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Premier Barber Institute (in red) compares to similar universities.

Retention Rate over Time

33%

2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Premier Barber Institute was 33%. Compared with the full-time retention rate at similar (77%), Premier Barber Institute had a retention rate lower than its peers.

This chart shows the retention rate over time at Premier Barber Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
27 enrolled students
White
16 enrolled students
Hispanic or Latino
6 enrolled students

The enrolled student population at Premier Barber Institute is 52.9% Black or African American, 31.4% White, 11.8% Hispanic or Latino, 1.96% Native Hawaiian or Other Pacific Islanders, and 1.96% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 34.9% White, 24.8% Hispanic or Latino, and 17.5% Black or African American.

Graduates

In 2021, 26 fewer women than men received degrees from Premier Barber Institute. The most common race/ethnicity group of degree recipients at Premier Barber Institute is black or african american (14 degrees awarded). There were 1.08 times more black or african american recipients than the next closest race/ethnicity group, white (13 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Premier Barber Institute is Barbering (37 degrees awarded), followed by Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2021, the most specialized majors across all degree types at Premier Barber Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (40 degrees awarded).

Common Jobs by Major

Chefs & head cooks

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Premier Barber Institute are Chefs & head cooks (8,549 people), Cooks (3,412 people), Morticians, undertakers, & funeral directors (2,945 people), Food service managers (2,679 people), and Firstline supervisors of food preparation & serving workers (1,125 people).

The most specialized majors at Premier Barber Institute in 2021 are Personal & Culinary Services (40 degrees awarded) (as of 2021).

Highest Paying Jobs by Major

Chief executives & legislators

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Premier Barber Institute are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Premier Barber Institute are Personal & Culinary Services (40 degrees awarded) (as of 2021).

Common Industries by Major

Restaurants & Food Services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Premier Barber Institute are Restaurants & Food Services (13,061 people), Funeral homes, & cemeteries & crematories (3,181 people), Traveler accommodation (1,866 people), Elementary & secondary schools (1,721 people), and Construction (1,402 people).

The most specialized majors at Premier Barber Institute are Personal & Culinary Services (40 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Premier Barber Institute.

Most Common (2021)

Barbering
37 degree-majors awarded
Cosmetology, Barber, & Nail Instructor
1 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Premier Barber Institute was Barbering with 37 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Premier Barber Institute according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 33 degrees were awarded to men at Premier Barber Institute, which is 4.71 times more than the number of degrees awarded to females (7).

This chart displays the sex disparity between the top 5 majors at Premier Barber Institute by degrees awarded.

Most Common Male Majors

In 2021, 32 degrees were awarded to men at Premier Barber Institute in Barbering, which is 4.57 times more than the 7 female recipients with that same degree.

Most Common Female Majors

In 2021, 7 degrees were awarded to men at Premier Barber Institute in Barbering, which is 0.219 times less than the 32 male recipients with that same degree.

Time to Complete

32%

100% Completion Time

74%

150% Completion Time

In 2021, 32% of students graduating from Premier Barber Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 74% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

Black or African American
14 degrees awarded
White
13 degrees awarded
Hispanic or Latino
7 degrees awarded

The most common race/ethnicity at Premier Barber Institute is black or african american (14 degrees awarded). There were 1.08 times more black or african american recipients than the next closest race/ethnicity group, white (13 degrees).

7.5% of degree recipients (3 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Black or African American Male
10 degrees awarded
White Male
10 degrees awarded
Hispanic or Latino Male
7 degrees awarded

The most common race/ethnicity and sex grouping at Premier Barber Institute is black or african american male (10 degrees awarded). There were 1 times more black or african american male recipients than the next closest race/ethnicity group, white male (10 degrees).