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CATALOG - Beauty Schools of America

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GRADUATION<br />

After a student completes 900 hours, services, exams and fulfills all financial obligations to the school, a diploma will be awarded.<br />

COMPLETION TIME<br />

Completion time depends on the number <strong>of</strong> hours the student attends weekly. Based on a 25 hour per week schedule, the normal time frame <strong>of</strong> completion would<br />

be 8½ months.<br />

METHOD OF PAYMENT<br />

Tuition and fee payments may be arranged on a weekly or monthly basis. The first payment is due on the first day <strong>of</strong> class, and on the same day <strong>of</strong> every week<br />

or month thereafter.<br />

GAINFUL EMPLOYMENT<br />

The Higher Education Act <strong>of</strong> 1965 requires proprietary and vocational colleges to provide an eligible program <strong>of</strong> training to prepare students for Gainful<br />

Employment. Below you will find information for related occupations listed for Full Specialist with Salon Management. The web link will provide information<br />

for tasks, knowledge, skills, abilities, work activities, work context, job zone, education, interests, work styles, work values, related occupations, wages and<br />

employment trends, other sources and additional information. Also included is the on-time graduation rate, tuition, fees, room and board, books and supplies, job<br />

placement rate, and median loan debt incurred.<br />

CIP Code: 12.0409<br />

CIP Description: Aesthetician/Esthetician and Skin Care Specialist<br />

Full Specialist with Salon Management includes occupations such as Skin Care Specialists, Manicurists, Pedicurists and First-Line supervisors/Managers <strong>of</strong><br />

Personal Service Workers.<br />

SOC Code: 39-5094<br />

SOC Description: Skin Care Specialists<br />

http://www.onetonline.org/link/summary/39-5094.00<br />

SOC Code: 39-5092<br />

SOC Description: Manicurists and Pedicurists<br />

http://www.onetonline.org/link/summary/39-5092.00<br />

SOC Code: 39-1021<br />

SOC Description: First-Line Supervisors/Managers <strong>of</strong> Personal Service Workers<br />

http://www.onetonline.org/link/summary/39-1021.00<br />

Cost <strong>of</strong> Attendance for the entire program:<br />

Tuition $ 11,579.01<br />

Fees $ 100.00<br />

Books and Supplies $ 849.50<br />

Room and Board $ 9,243.00<br />

Total $ 21,771.51<br />

Overall Placement Rate 92%<br />

On-time Graduation Rate 65.55%<br />

Note: The placement rate was calculated using the accrediting agency formula.<br />

Students borrowing for the Full Specialist with Salon Management program have a median loan total indebtedness <strong>of</strong> $7,000.00. The median loan amount<br />

borrowed is $3,500.00 for Subsidized Loans and has an estimated monthly repayment amount <strong>of</strong> $40.28 for 10 years with a 6.8% interest rate (effective July<br />

1, 2012). The median loan amount borrowed for Unsubsidized Loans is $3,500.00 and an estimated monthly repayment amount <strong>of</strong> $40.28 for 10 years with a<br />

6.8% interest rate (effective July 1, 2008). To calculate your monthly repayment amount for your total student loan borrowed you can access www.finaid.org/<br />

calculators.<br />

Median Loan Debt for Private Educational Loans after graduation: N/A<br />

Median Loan Debt for Institutional Loan debt after graduation: N/A<br />

62 B E A U T Y S C H O O L S O F A M E R I C A ®

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