Palace Beauty College

www.palacebeautycollege.com/

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2021 Average Net Price

$16,253

After Financial Aid

2021 Enrolled Students

165

67.9% Full-Time

About

Palace Beauty College is a higher education institution located in Los Angeles County, CA. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Palace Beauty College were General Cosmetology (15 degrees awarded) and Barbering (3 degrees).

In 2021, 291 degrees were awarded across all undergraduate and graduate programs at Palace Beauty College. 91.4% of these degrees were awarded to women, and 8.59% awarded men. The most common race/ethnicity group of degree recipients was asian (108 degrees), 2.92 times more than then the next closest race/ethnicity group, hispanic or latino (37 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 $16,253.

In 2021, 26% of undergraduate students attending Palace Beauty College received financial aid through grants. Comparatively, 11% of undergraduate students received financial aid through loans.

Average Net Price

$16,253

2021 Value

0.551%

1 Year Growth

In 2021 Palace Beauty College had an average net price — the price paid after factoring in grants and loans — of $16,253. Between 2020 and 2021, the average net price of Palace Beauty College grew by 0.551%.

This chart compares the average net price of Palace Beauty College (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

26%

Undergraduates Receiving Financial Aid through Grants

11%

Undergraduates Receiving Financial Aid through Loans

26% of undergraduate students at Palace Beauty College received financial aid through grants or loans in 2021. This represents a growth of 8.33% with respect to 2020, when 24% of undergraduate students received financial aid.

This chart compares the average award discount at Palace Beauty College (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.

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Palace Beauty College was 0%, which represents 0 out of the 60 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

Palace Beauty College had a total enrollment of 165 students in 2021. The full-time enrollment at Palace Beauty College is 112 students and the part-time enrollment is 53. This means that 67.9% of students enrolled at Palace Beauty College are enrolled full-time.

The enrolled student population at Palace Beauty College, both undergraduate and graduate, is 30.3% Black or African American, 30.3% Hispanic or Latino, 20.6% Asian, 3.64% White, 3.03% Two or More Races, 1.21% American Indian or Alaska Native, and 0.606% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Palace Beauty College in full-time Undergraduate programs are most commonly Black or African American Female (29.5%), followed by Asian Female (24.1%) and Hispanic or Latino Female (20.5%).

Full-Time vs Part-Time Enrollment

67.9%

Full-Time Enrollment

The total enrollment at Palace Beauty College in 2021, both undergraduate and graduate, is 165 students. The full-time enrollment at Palace Beauty College is 112 and the part-time enrollment is 53.

This chart shows the full-time vs part-time enrollment status at Palace Beauty College (in red) compares to similar universities.

Retention Rate over Time

90%

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 Palace Beauty College was 90%. Compared with the full-time retention rate at similar (77%), Palace Beauty College had a retention rate higher than its peers.

This chart shows the retention rate over time at Palace Beauty College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Black or African American
50 enrolled students
Hispanic or Latino
50 enrolled students
Asian
34 enrolled students

The enrolled student population at Palace Beauty College is 30.3% Black or African American, 30.3% Hispanic or Latino, 20.6% Asian, 3.64% White, 3.03% Two or More Races, 1.21% American Indian or Alaska Native, and 0.606% Native Hawaiian or Other Pacific Islanders. 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.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 0 students (0%) did not report their race.

Graduates

In 2021, 241 more women than men received degrees from Palace Beauty College. The most common race/ethnicity group of degree recipients at Palace Beauty College is asian (108 degrees awarded). There were 2.92 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (37 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Palace Beauty College is General Cosmetology (15 degrees awarded), followed by Barbering (3 degrees).

In 2021, the most specialized majors across all degree types at Palace Beauty College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (100 degrees awarded) and Health (191 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Palace Beauty College are Registered nurses (1,332,143 people), Medical & health services managers (145,611 people), Nurse practitioners & nurse midwives (131,680 people), Pharmacists (131,120 people), and Physicians (106,819 people).

The most specialized majors at Palace Beauty College in 2021 are Personal & Culinary Services (100 degrees awarded) and Health (191 degrees) (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 Palace Beauty College are Chief executives & legislators, Surgeons, Physicians, Podiatrists, and Nurse anesthetists

The most specialized majors at Palace Beauty College are Personal & Culinary Services (100 degrees awarded) and Health (191 degrees) (as of 2021).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Palace Beauty College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,442,537 people), Outpatient care centers (215,028 people), Elementary & secondary schools (208,642 people), Offices of physicians (192,448 people), and Colleges, universities & professional schools, including junior colleges (123,331 people).

The most specialized majors at Palace Beauty College are Personal & Culinary Services (100 degrees awarded) and Health (191 degrees) (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 Palace Beauty College.

Most Common (2021)

General Cosmetology
15 degree-majors awarded
Barbering
3 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Palace Beauty College was General Cosmetology with 15 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Palace Beauty College according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

266

Degrees Awarded to Women

in 2021

In 2021, 25 degrees were awarded to men at Palace Beauty College, which is 0.094 times less than the number of degrees awarded to females (266).

This chart displays the sex disparity between the top 5 majors at Palace Beauty College by degrees awarded.

Most Common Male Majors

In 2021, 20 degrees were awarded to men at Palace Beauty College in Massage Therapy, which is 0.117 times less than the 171 female recipients with that same degree.

Most Common Female Majors

In 2021, 171 degrees were awarded to men at Palace Beauty College in Massage Therapy, which is 8.55 times more than the 20 male recipients with that same degree.

Time to Complete

100% Completion Time

87%

150% Completion Time

In 2021, 8% of students graduating from Palace Beauty College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% 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)

Asian
108 degrees awarded
Hispanic or Latino
37 degrees awarded
Black or African American
25 degrees awarded

The most common race/ethnicity at Palace Beauty College is asian (108 degrees awarded). There were 2.92 times more asian recipients than the next closest race/ethnicity group, hispanic or latino (37 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

Asian Female
98 degrees awarded
Hispanic or Latino Female
35 degrees awarded
Black or African American Female
25 degrees awarded

The most common race/ethnicity and sex grouping at Palace Beauty College is asian female (98 degrees awarded). There were 2.8 times more asian female recipients than the next closest race/ethnicity group, hispanic or latino female (35 degrees).