Active Report Report ID: EDU-367051-2026

Hairmasters Institute of Cosmetology

Bloomington, IL 61701

Avg. net price$8,130After aid
Graduation rate82.93%150% time
Median salary$19,59410yr post-entry
ROI503%10yr vs net cost

About Hairmasters Institute of Cosmetology

Hairmasters Institute of Cosmetology is a private for-profit trade school in Bloomington, Illinois, enrolling about 77 students. Programs focus on certificates and workforce credentials that prepare students for skilled trades and technical careers. The published completion rate is about 82.93% at 150% of normal time. Median earnings about ten years after entry reach about $19,594 among students who received federal aid.

Key findings

  • Median earnings 10 years after entry are $19,594.

Research findings

01

Finding

Modeled return on investment at Hairmasters Institute of Cosmetology is strong.

Estimated ROI reaches about 503% using Scorecard cost and 10-year earnings fields in this extract.

— Evidence from EDsmart Data analysis

Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.

Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.

Cost benchmarks

Benchmark Median Tuition Median Net Price Count
Hairmasters Institute of Cosmetology$8,1301
Private For-profit (national median)$16,637477
Illinois (state median)$13,248$7,399131
Town (locale median)$9,600$14,9711,517
United States (national median)$11,900$17,156

Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.

Cost

How expensive is Hairmasters Institute of Cosmetology really?

Source College Scorecard + EDsmart aggregatesMethod Sticker vs net; peer mediansUpdated 2026 extractCoverage Undergraduate (Title IV net price)Confidence Federal extract

Evidence: average net price at Hairmasters Institute of Cosmetology versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at Hairmasters Institute of Cosmetology is $8,130.

Evidence College Scorecard average net price is $8,130 (cost of attendance minus average grant aid for aided undergraduates). That is about $731 above the Illinois median net price. Versus town campuses, net price runs $6,841 below the locale median.

Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.

Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.

Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.

School guide

Hairmasters Institute of Cosmetology: research record

Canonical EDsmart Data findings for Hairmasters Institute of Cosmetology—costs, outcomes, admissions, and programs—with evidence and methodology notes.

Research findings

Interpretation

The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.

Financial profile

Avg. net price

$8,130

Student outcomes

$19,109Median earnings (6 years after entry)

Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.

Is Hairmasters Institute of Cosmetology a good school?

Data-framed fit—not a prestige rating.

Hairmasters Institute of Cosmetology is a good school for those looking for strong completion alongside solid mid-career earnings.

EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.

Strong completionEarnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for Hairmasters Institute of Cosmetology.

Campus

Location

Bloomington, IL

City / state

ZIP
61701
NCES locale
Town

Compared with Town campuses nationally, net price is about 0.5× the median for Town campuses ($14,971 median).

Control

Institution type

Private For-profit

Control

Region
Great Lakes

Size

Enrollment

77

Total enrollment

Student aid

Debt & aid

$8,288

Median federal loan debt

Pell grant share
75.94%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$32,520Estimated 4-year total cost
$8,130Average annual net price (after aid)

Costs include tuition and fees. Room & board, books, and other expenses are additional where not shown.

Tuition vs average net price after aid for Hairmasters Institute of Cosmetology.

Financial Aid by Income Level

75.94% Undergraduates receiving aid through grants
60.15% Undergraduates receiving aid through loans

Financial aid distribution by income level.

Student Loan Default Rate

Not reported 3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Hairmasters Institute of Cosmetology was not reported in the College Scorecard extract for this institution.

Cohort default rates account for borrowers who default in the first three years.

Multi-year tracker

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Hairmasters Institute of Cosmetology in that year.

Multi-year history is not in this profile yet. It is added when the institution cost history CSV has been collected and merged into school JSON.

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Access

How difficult is it to get in?

Acceptance Rate

Acceptance rate data is not available for this institution.

Admissions funnel data is not available for this institution.

Test Scores

Test score data is not available for this institution.

Score distribution is not available for this institution.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA range is not available for this institution.

Student body

Enrollment & Student Demographics

Hairmasters Institute of Cosmetology reported total enrollment of about 77 students in the latest College Scorecard extract. The student body is about 0% male and 100% female. About 75.94% of undergraduates receive Pell Grants.

Full-Time vs Part-Time Enrollment

N/A% Full-Time Enrollment

The total enrollment at Hairmasters Institute of Cosmetology in 2024 is 77 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

N/A%
2024 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.

Retention rate over time compared to similar institutions.

Outcomes

Do students complete their programs?

Time to Complete

82.93% 100% Completion Time

82.93% 150% Completion Time

In 2024, 82.93% of students graduating from Hairmasters Institute of Cosmetology completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Outcomes & academic profile

Hairmasters Institute of Cosmetology graduates earn a median of $19,594 ten years after entry

Source College ScorecardMethod Earnings + debt + net price modelsUpdated 2026 extractCoverage Institution-wideConfidence Federal extract

Finding Earnings, debt, and program mix define the financial profile of Hairmasters Institute of Cosmetology.

Evidence Median earnings 10 years after entry: $19,594. Median federal loan debt: $8,288. Average net price used in cost models: $8,130.

Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.

Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.

Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.

Key takeaway Hairmasters Institute of Cosmetology graduates report median earnings of $19,594 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

503%Modeled return on investment
$8,288Median student debt
$19,594Median annual earnings (10 years)
42.30%Debt-to-earnings ratio
4.2 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for Hairmasters Institute of Cosmetology.

Program completion data is not available for this institution.

Employment Outcomes

$19,594Median earnings (10 years after entry)
$19,109Median earnings (6 years after entry)
$21,718Median earnings (8 years after entry)

Median earnings 6, 8, and 10 years after entry for Hairmasters Institute of Cosmetology graduates.

Hairmasters Institute of Cosmetology at a glance

Institution snapshot

Hairmasters Institute of Cosmetology

Bloomington, IL 61701 · Private For-profit · Great Lakes

Hairmasters Institute of Cosmetology is a private for-profit institution in Bloomington, IL.

Avg. net price$8,130
Enrollment77
Completion (150%)82.93%
Pell Grant share75.94%
Nearby

Schools near Hairmasters Institute of Cosmetology

Other campuses in Bloomington, IL when available, plus nearby institutions in Illinois.

Peers

Similar schools

Peers matched by the same EDsmart outcomes grade (Grade D) within Illinois, then by similar ownership and admissions.

Frequently Asked Questions

Where is Hairmasters Institute of Cosmetology located?

Hairmasters Institute of Cosmetology is located in Bloomington, IL.

How much does Hairmasters Institute of Cosmetology cost?

Reported tuition is N/A and average net price is $8,130 in the latest College Scorecard data.

What explains Hairmasters Institute of Cosmetology's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($8,130), completion (82.9% within 150% of normal time where reported), and median earnings ten years after entry ($19,594). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.

What is the student body demographics at Hairmasters Institute of Cosmetology?

Hairmasters Institute of Cosmetology reports total enrollment of about 77 students in federal College Scorecard data.

What do graduates of Hairmasters Institute of Cosmetology earn?

Median earnings are $19,109 six years after entry and $19,594 ten years after entry.

What is the graduation rate at Hairmasters Institute of Cosmetology?

The 150%-time completion rate is 82.9% for the cohort reported to the College Scorecard.

How much debt do Hairmasters Institute of Cosmetology students have?

Median federal loan debt among completers is $8,288.

Is Hairmasters Institute of Cosmetology public or private?

Hairmasters Institute of Cosmetology is a private for-profit institution located in Bloomington, IL.

Is Hairmasters Institute of Cosmetology an HBCU?

No. Hairmasters Institute of Cosmetology is not flagged as an HBCU in the IPEDS institutional directory.

Is Hairmasters Institute of Cosmetology a tribal college?

No. Hairmasters Institute of Cosmetology is not flagged as a tribal college in IPEDS.

Is Hairmasters Institute of Cosmetology religiously affiliated?

No religious affiliation is reported for Hairmasters Institute of Cosmetology in IPEDS institutional characteristics.

Data Sources

This page uses data from the following sources:

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology & Data Scope

This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.

Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.