Toni & Guy Hairdressing Academy-Rio Rancho

riorancho.toniguy.edu/

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2021 Average Net Price

$9,045

After Financial Aid

2019 Student Loan

1.77%

Default Rate

2021 Enrolled Students

100% Full-Time

About

Toni & Guy Hairdressing Academy-Rio Rancho is a higher education institution located in Sandoval County, NM. In 2021, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Toni & Guy Hairdressing Academy-Rio Rancho were General Cosmetology (6 degrees awarded) and Barbering (1 degrees).

In 2021, 10 degrees were awarded across all undergraduate and graduate programs at Toni & Guy Hairdressing Academy-Rio Rancho. 90% of these degrees were awarded to women, and 10% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (4 degrees), 1 times more than then the next closest race/ethnicity group, white (4 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 $9,045.

In 2021, 56% of undergraduate students attending Toni & Guy Hairdressing Academy-Rio Rancho received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

Average Net Price

$9,045

2021 Value

58.6%

1 Year Growth

In 2021 Toni & Guy Hairdressing Academy-Rio Rancho had an average net price — the price paid after factoring in grants and loans — of $9,045. Between 2020 and 2021, the average net price of Toni & Guy Hairdressing Academy-Rio Rancho grew by 58.6%.

This chart compares the average net price of Toni & Guy Hairdressing Academy-Rio Rancho (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

56%

Undergraduates Receiving Financial Aid through Grants

71%

Undergraduates Receiving Financial Aid through Loans

56% of undergraduate students at Toni & Guy Hairdressing Academy-Rio Rancho received financial aid through grants or loans in 2021. This represents a decline of 5.08% with respect to 2020, when 59% of undergraduate students received financial aid.

This chart compares the average award discount at Toni & Guy Hairdressing Academy-Rio Rancho (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.

1.77%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Toni & Guy Hairdressing Academy-Rio Rancho was 1.77%, which represents 2 out of the 113 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

Toni & Guy Hairdressing Academy-Rio Rancho had a total enrollment of 16 students in 2021. The full-time enrollment at Toni & Guy Hairdressing Academy-Rio Rancho is 16 students and the part-time enrollment is 0. This means that 100% of students enrolled at Toni & Guy Hairdressing Academy-Rio Rancho are enrolled full-time.

The enrolled student population at Toni & Guy Hairdressing Academy-Rio Rancho, both undergraduate and graduate, is 56.3% Hispanic or Latino, 31.3% White, 6.25% Black or African American, and 6.25% American Indian or Alaska Native.

Students enrolled at Toni & Guy Hairdressing Academy-Rio Rancho in full-time Undergraduate programs are most commonly Hispanic or Latino Female (50%), followed by White Female (31.3%) and Black or African American Female (6.25%).

Full-Time vs Part-Time Enrollment

100%

Full-Time Enrollment

The total enrollment at Toni & Guy Hairdressing Academy-Rio Rancho in 2021, both undergraduate and graduate, is 16 students. The full-time enrollment at Toni & Guy Hairdressing Academy-Rio Rancho is 16 and the part-time enrollment is 0.

This chart shows the full-time vs part-time enrollment status at Toni & Guy Hairdressing Academy-Rio Rancho (in red) compares to similar universities.

Retention Rate over Time

100%

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 Toni & Guy Hairdressing Academy-Rio Rancho was 100%. Compared with the full-time retention rate at similar (77%), Toni & Guy Hairdressing Academy-Rio Rancho had a retention rate higher than its peers.

This chart shows the retention rate over time at Toni & Guy Hairdressing Academy-Rio Rancho (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

Hispanic or Latino
9 enrolled students
White
5 enrolled students
Black or African American
1 enrolled students

The enrolled student population at Toni & Guy Hairdressing Academy-Rio Rancho is 56.3% Hispanic or Latino, 31.3% White, 6.25% Black or African American, and 6.25% American Indian or Alaska Native. 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, 8 more women than men received degrees from Toni & Guy Hairdressing Academy-Rio Rancho. The most common race/ethnicity group of degree recipients at Toni & Guy Hairdressing Academy-Rio Rancho is hispanic or latino (4 degrees awarded). There were 1 times more hispanic or latino recipients than the next closest race/ethnicity group, white (4 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Toni & Guy Hairdressing Academy-Rio Rancho is General Cosmetology (6 degrees awarded), followed by Barbering (1 degrees).

In 2021, the most specialized majors across all degree types at Toni & Guy Hairdressing Academy-Rio Rancho, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (10 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 Toni & Guy Hairdressing Academy-Rio Rancho 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 Toni & Guy Hairdressing Academy-Rio Rancho in 2021 are Personal & Culinary Services (10 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 Toni & Guy Hairdressing Academy-Rio Rancho are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Industrial production managers, Management analysts, and Education administrators

The most specialized majors at Toni & Guy Hairdressing Academy-Rio Rancho are Personal & Culinary Services (10 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 Toni & Guy Hairdressing Academy-Rio Rancho 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 Toni & Guy Hairdressing Academy-Rio Rancho are Personal & Culinary Services (10 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 Toni & Guy Hairdressing Academy-Rio Rancho.

Most Common (2021)

General Cosmetology
6 degree-majors awarded
Barbering
1 degree-majors awarded

In 2021, the most common 1 to 2 year postsecondary certificate concentration at Toni & Guy Hairdressing Academy-Rio Rancho was General Cosmetology with 6 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Toni & Guy Hairdressing Academy-Rio Rancho according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 1 degrees were awarded to men at Toni & Guy Hairdressing Academy-Rio Rancho, which is 0.111 times less than the number of degrees awarded to females (9).

This chart displays the sex disparity between the top 5 majors at Toni & Guy Hairdressing Academy-Rio Rancho by degrees awarded.

Most Common Male Majors

In 2021, 1 degrees were awarded to men at Toni & Guy Hairdressing Academy-Rio Rancho in Barbering. There were no female recipients with the same degree.

Most Common Female Majors

In 2021, 6 degrees were awarded to women at Toni & Guy Hairdressing Academy-Rio Rancho in General Cosmetology. There were no male recipients with the same degree.

Time to Complete

78%

100% Completion Time

78%

150% Completion Time

In 2021, 78% of students graduating from Toni & Guy Hairdressing Academy-Rio Rancho completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 78% completed their degrees within 150% of the normal time, and 78% 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)

Hispanic or Latino
4 degrees awarded
White
4 degrees awarded
Two or More Races
1 degrees awarded

The most common race/ethnicity at Toni & Guy Hairdressing Academy-Rio Rancho is hispanic or latino (4 degrees awarded). There were 1 times more hispanic or latino recipients than the next closest race/ethnicity group, white (4 degrees).

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

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
4 degrees awarded
Hispanic or Latino Female
3 degrees awarded
Hispanic or Latino Male
1 degrees awarded

The most common race/ethnicity and sex grouping at Toni & Guy Hairdressing Academy-Rio Rancho is white female (4 degrees awarded). There were 1.33 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (3 degrees).

Operations

Salary Expenditure

$24.9k

2021 Salaries

72.3%

decline from 2020

In 2021, Toni & Guy Hairdressing Academy-Rio Rancho paid a median of $24.9k in salaries, a 72.3% decline from the previous year.

The median for similar is 597k (12.9% of overall expenditures).

Toni & Guy Hairdressing Academy-Rio Rancho

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