Barber

  American Academy of Cosmetology
Undergraduate certificate in Barbering/Barber
Program Length: 10 Months

   Students graduating on time

   53% of Title IV students complete the program within 10 months.

   Program Costs*

$14,600 for tuition and fees
$1,850 for books and supplies
Other Costs
Visit website for more program cost information
*The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

   Students Borrowing Money

   The typical graduate leaves with

   N/A* in debt.
*Fewer than 10 students completed this program within normal time. This number has been withheld to preserve the confidentiality of the students.

   The typical monthly loan payment

  N/A per month in student loans with N/A* interest rate.

*Fewer than 10 students completed this program within normal time. This number has been withheld to preserve the confidentiality of the students.

   Graduates who got jobs

   70% of program graduates got jobs according to the FLORIDA job placement rate
   72% of program graduates got jobs according to the NACCAS job placement rate
   Program graduates are employed in the following fields: Barber

   Licensure Requirements

  This program meets licensure requirements in Florida

Program does not meet licensure requirements in: Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Federated States of Micronesia, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Marianas, Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, Wyoming

   Additional Information

   Date Created 4/6/2018
These disclosures are required by the U.S. Department of Education

Cosmetology

  American Academy of Cosmetology
Undergraduate certificate in General Cosmetology
Program Length: 10 Months

   Students graduating on time

   45% of Title IV students complete the program within 6 months.

   Program Costs*

  $14,600 for tuition and fees
  $1,850 for books and supplies
 
Other Costs
Visit website for more program cost information
*The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

   Students Borrowing Money

   The typical graduate leaves with

   $8,922 in debt.

   The typical monthly loan payment

   $92 per month in student loans with 4.45% interest rate.

 

   Graduates who got jobs

   70% of program graduates got jobs according to the FLORIDA job placement rate
   72% of program graduates got jobs according to the NACCAS job placement rate
   Program graduates are employed in the following fields:
Hair Dresser

   Licensure Requirements

   This program meets licensure requirements in Florida

Program does not meet licensure requirements in:
Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Federated States of Micronesia, Foreign Country, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Marianas, Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, Wyoming 

 

   Additional Information

   Date Created 4/6/2018
These disclosures are required by the U.S. Department of Education

Full Specialist

  American Academy of Cosmetology
Undergraduate certificate in Full Specialty
Program Length: 6 Months

   Students graduating on time

   85% of Title IV students complete the program within 6 months.

   Program Costs*

  $7,800 for tuition and fees
  $615 for books and supplies

Other Costs
Visit website for more program cost information
*The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

   Students Borrowing Money

   The typical graduate leaves with

   $3,892 in debt.

   The typical monthly loan payment

   $40 per month in student loans with 4.45% interest rate.

  

   Graduates who got jobs

   70% of program graduates got jobs according to the FLORIDA job placement rate
   70% of program graduates got jobs according to the NACCAS job placement rate
   Program graduates are employed in the following fields:
Full Specialist

   Licensure Requirements

   This program meets licensure requirements in Florida

Program does not meet licensure requirements in:
Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Federated States of Micronesia, Foreign Country, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Marianas, Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, Wyoming

   Additional Information

   Date Created 4/6/2018
These disclosures are required by the U.S. Department of Education

Massage Therapy

American Academy of Cosmetology
Undergraduate certificate in Massage Therapy
Program Length: 6 Months

Students graduating on time

N/A of Title IV students complete the program within 6 months.

Program Costs*

$8,650 for tuition and fees
$450 for books and supplies
Other Costs
Visit website for more program cost information
*The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

Students Borrowing Money

The typical graduate leaves with

N/A in debt.

The typical monthly loan payment

N/A per month in student loans with N/A interest rate.

Graduates who got jobs

 N/A of program graduates got jobs according to the FLORIDA job placement rate
 N/A of program graduates got jobs according to the NACCAS job placement rate
Program graduates are employed in the following fields: Massage Therapists

Licensure Requirements

This program meets licensure requirements in Florida

Program does not meet licensure requirements in: Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Federated States of Micronesia, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Marianas, Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, Wyoming

Additional Information

Date Created 4/6/2018
These disclosures are required by the U.S. Department of Education

Notice

SUBJECT: GAINFUL EMPLOYMENT FINAL DEBT-TO-EARNINGS RATES
INSTITUTION: AMERICAN ACADEMY OF COSMETOLOGY

OPEID: 041515
DMYR: 2015
To All Students and Prospective Students enrolled or interested in enrolling in Cosmetology.

THIS LETTER PROVIDES YOU WITH THE FINAL GAINFUL EMPLOYMENT (GE) DEBT-TO- EARNINGS (D/E) RATES FOR GAINFUL EMPLOYMENT PROGRAMS AT YOUR INSTITUTION FOR DEBT MEASURE YEAR (DMYR) 2015.

DEBT TO EARNINGS RATES

UNDER THE GE REGULATIONS, A GE PROGRAM PASSES THE D/E RATES MEASURE IF ITS DISCRETIONARY INCOME RATE IS LESS THAN OR EQUAL TO 20 PERCENT OR ITS ANNUAL EARNINGS RATE IS LESS THAN OR EQUAL TO 8 PERCENT.  A GE PROGRAM FAILS THE D/E RATES MEASURE IF ITS DISCRETIONARY INCOME RATE IS GREATER THAN 30 PERCENT AND ITS ANNUAL EARNINGS RATE IS GREATER THAN 12 PERCENT.

UNDER THE REGULATIONS, A GE PROGRAM BECOMES INELIGIBLE FOR TITLE IV, HEA PROGRAM FUNDS, IF THE PROGRAM FAILS THE D/E RATES MEASURE FOR TWO OUT OF THREE CONSECUTIVE YEARS, OR THE PROGRAM HAS A COMBINATION OF FAILING OR ZONE D/E RATES FOR FOUR CONSECUTIVE YEARS.  “THIS PROGRAM HAS NOT PASSED STANDARDS ESTABLISHED BY THE U.S. DEPARTMENT OF EDUCATION. THE DEPARTMENT BASED THESE STANDARDS ON THE AMOUNTS STUDENTS BORROW FOR ENROLLMENT IN THIS PROGRAM AND THEIR REPORTED EARNINGS. IF IN THE FUTURE THE PROGRAM DOES NOT PASS THE STANDARDS, STUDENTS WHO ARE THEN ENROLLED MAY NOT BE ABLE TO USE FEDERAL STUDENT GRANTS OR LOANS TO PAY FOR THE PROGRAM, AND MAY HAVE TO FIND OTHER WAYS, SUCH AS PRIVATE LOANS, TO PAY FOR THE PROGRAM.”

AAC Cosmetology Program failed the first reporting of GE.  AAC filed an intent to appeal which deadline for submission of data documents extended to January 2018.  AAC did not have their final appeal findings certified and thus did not complete appeal.  These are final as of January 2018 – the deadline for appeal.

FAIL

TRANSITIONAL

CIP    CRED CIP NAME              ANNUAL DISCR   ANNUAL DISCR

LEVL                        RATE   

120401 01    COSMETOLOGY/COSMETOL 013.46 100.00 013.47  100.00