Summit Salon Academy

Anderson, Indiana

Private For-Profit City: Small

Summit Salon Academy is a private for-profit institution in Anderson, Indiana enrolling 130 students, according to the U.S. Department of Education College Scorecard.. Graduates earn a median of $25,337 ten years after enrollment, based on U.S. Treasury tax records linked to federal financial aid data. The average net price after financial aid is $17,318. This profile includes admissions data, graduation rates, program-level earnings, and cost breakdowns to help students compare colleges using official federal data.

What the IPEDS & College Scorecard Data Shows for Summit Salon Academy

Summit Salon Academy operates as a private for-profit institution located in Anderson, Indiana (city: small), with a total reported enrollment of 130 students of which 210 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Summit Salon Academy is categorized as “-2” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. Admission rate data is not currently reported for this institution. The average net price after grants and scholarships is $17,318 and a Pell grant recipient share of 50.9%. Median federal student debt at graduation is $9,833, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. Four-year completion rate data is unavailable, rising to 72.2% at six years. Graduates earn a median of $25,337 ten years after enrolling, compared with $23,921 six years post-enrollment. Within three years of entering repayment, 16600.0% of borrowers are making progress on their federal loans. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.

Quick Facts

130
Total enrollment
Acceptance rate
SAT average
4-yr graduation rate
$25,337
10-yr median earnings
First-year retention

Costs & Financial Aid

Tuition & Net Price

Average Net Price $17,318

Net Price by Family Income

$0 – $30,000 $14,967
$30,001 – $48,000 $15,238
$48,001 – $75,000 $17,210
Over $110,000 $21,219
50.9%
Pell Grant Rate
60.0%
Federal Loan Rate
$9,833
Median Debt
$104/mo
Monthly Payment

Student Demographics

White 80.8%
African American 10.8%
Hispanic or Latino 2.3%
Asian 0.8%
Two or More Ethnicities 5.4%
46.1%
First Generation

Outcomes

72.2%
6-Year Completion Rate
$23,921
Median Earnings (6yr)
$25,337
Median Earnings (10yr)
16600.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Cosmetology and Related Personal Grooming Services Certificate 92 $27,283 $9,833

Frequently Asked Questions

What are the admissions statistics for Summit Salon Academy?
Summit Salon Academy is a private for-profit institution in Anderson, Indiana. Total enrollment is 130 students.
How much do Summit Salon Academy graduates earn?
Graduates of Summit Salon Academy earn a median of $25,337 ten years after enrollment. Six years after enrollment, median earnings are $23,921.
How much does Summit Salon Academy cost?
The average net price at Summit Salon Academy is $17,318.. Median student debt at graduation is $9,833.
Is Summit Salon Academy worth the student debt?
The median student debt at Summit Salon Academy is $9,833, while graduates earn a median of $25,337 ten years after enrollment. That debt represents about 39% of first-year post-graduation earnings. 16600.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $104.

Data Sources

Data as of 2024-25 academic year. Source: U.S. Department of Education College Scorecard.

Primary: U.S. Department of Education, College Scorecard. Data reflects most recent available year.

Institutional characteristics: IPEDS (Integrated Postsecondary Education Data System) institutional characteristics file.

Earnings: Median earnings 6 and 10 years after enrollment, from U.S. Treasury tax records linked to federal student aid data.

Program data: Credential-level earnings from the College Scorecard Field of Study dataset.

All federal data sources used on this page

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching used by the College Scorecard.