Summit Salon Academy-Lexington

Lexington, Kentucky

Private For-Profit City: Large

Summit Salon Academy-Lexington is a private for-profit institution in Lexington, Kentucky enrolling 154 students, according to the U.S. Department of Education College Scorecard. The acceptance rate is 81.3%. Graduates earn a median of $24,148 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 $14,778. 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-Lexington

Summit Salon Academy-Lexington operates as a private for-profit institution located in Lexington, Kentucky (city: large), with a total reported enrollment of 154 students of which 263 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-Lexington 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. The reported admission rate is 81.3%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $14,778 and a Pell grant recipient share of 58.6%. Median federal student debt at graduation is $7,917, 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 55.3% at six years. Graduates earn a median of $24,148 ten years after enrolling, compared with $18,903 six years post-enrollment. Within three years of entering repayment, 23500.0% of borrowers are making progress on their federal loans, and 36.4% of graduates earn above the high-school threshold. 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

154
Total enrollment
81.3%
Acceptance rate
SAT average
4-yr graduation rate
$24,148
10-yr median earnings
First-year retention

Admissions

Admission Rate 81.3%

Costs & Financial Aid

Tuition & Net Price

Average Net Price $14,778

Net Price by Family Income

$0 – $30,000 $13,463
$30,001 – $48,000 $14,278
$48,001 – $75,000 $16,604
Over $110,000 $18,701
58.6%
Pell Grant Rate
62.7%
Federal Loan Rate
$7,917
Median Debt
$84/mo
Monthly Payment

Student Demographics

White 81.8%
African American 8.4%
Hispanic or Latino 3.9%
Two or More Ethnicities 5.8%
95.2%
Female
48.8%
First Generation

Outcomes

55.3%
6-Year Completion Rate
$18,903
Median Earnings (6yr)
$24,148
Median Earnings (10yr)
36.4%
Earning Over $25K
23500.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Cosmetology and Related Personal Grooming Services Certificate 81 $28,118 $7,917

Frequently Asked Questions

What are the admissions statistics for Summit Salon Academy-Lexington?
Summit Salon Academy-Lexington is a private for-profit institution in Lexington, Kentucky. The acceptance rate is 81.3%. Total enrollment is 154 students.
How much do Summit Salon Academy-Lexington graduates earn?
Graduates of Summit Salon Academy-Lexington earn a median of $24,148 ten years after enrollment. Six years after enrollment, median earnings are $18,903.
How much does Summit Salon Academy-Lexington cost?
The average net price at Summit Salon Academy-Lexington is $14,778.. Median student debt at graduation is $7,917.
Is Summit Salon Academy-Lexington worth the student debt?
The median student debt at Summit Salon Academy-Lexington is $7,917, while graduates earn a median of $24,148 ten years after enrollment. That debt represents about 33% of first-year post-graduation earnings. 23500.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $84.

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.