Summit Salon Academy-Lexington is a private for-profit trade school in Lexington, Kentucky, enrolling about 154 students. Programs focus on certificates and workforce credentials that prepare students for skilled trades and technical careers. The published completion rate is about 54.55% at 150% of normal time. Median earnings about ten years after entry reach about $24,148 among students who received federal aid.

Key Facts

  • 2024 Undergraduate Tuition: $N/A
  • 2024 Average Net Price: $14,778 After Financial Aid
  • 2024 Acceptance Rate: 81.25% Moderate Selectivity
  • 2024 Enrolled Students: 154 100.0% Full-Time
  • 2024 Graduation Rate: 54.55%
  • First-Generation Students: 48.8%
  • Net price trend: Average net price increase of 21.1% from 2022 to 2023 (College Scorecard).
  • Undergraduate Enrollment: 221

Summit Salon Academy-Lexington: what the data shows

Common questions about Summit Salon Academy-Lexington, answered from College Scorecard and IPEDS in this repository.

Where is Summit Salon Academy-Lexington?

Summit Salon Academy-Lexington is located in Lexington, KY (ZIP 40505).

NCES locale classification: City.

Is Summit Salon Academy-Lexington public or private?

Summit Salon Academy-Lexington is a Private For-profit institution.

How much does Summit Salon Academy-Lexington cost?

Average net price after aid: $14,778.

Family income bandAvg. net price
Family income $0–$30,000$13,463
$30,001–$48,000$14,278
$48,001–$75,000$16,604
$110,001+$18,701

How hard is it to get into Summit Salon Academy-Lexington?

Admission rate: 81.25%.

Scorecard does not publish admitted-student GPA for most institutions.

How big is Summit Salon Academy-Lexington?

Total enrollment: 154 students.

Undergraduate enrollment: 221 students.

About 100% enroll full-time in our extract.

What is the graduation rate at Summit Salon Academy-Lexington?

150%-time completion rate: 54.55%.

First-year retention: 90.3%.

What do graduates of Summit Salon Academy-Lexington earn?

Median earnings: $18,903 six years after entry; $24,148 ten years after entry (College Scorecard).

How much debt do students have?

Median federal loan debt among completers: $7,917.

58.56% of students receive Pell grants.

What is Summit Salon Academy-Lexington known for?

Largest IPEDS program completions at this institution:

See ROI & Programs for more.

Is Summit Salon Academy-Lexington a good school?

We do not score schools on opinion. Federal data in our extract show admission rate 81.25%; completion rate 54.55%; median earnings $24,148 at 10 years; net price $14,778. Compare these figures to your cost, aid, and career goals.

Tuition & Cost

Tuition Costs

$N/A
2024 Undergraduate Tuition

In 2024, the cost of tuition at Summit Salon Academy-Lexington was $N/A.

Tuition comparison with similar institutions.

Average Net Price

$14,778
2024 Value

In 2024 Summit Salon Academy-Lexington had an average net price — the price paid after factoring in grants and loans — of $14,778.

Average net price comparison with similar institutions.

Total Cost of Attendance

$59,112 Estimated 4-Year Total Cost

$14,778 Average Annual Net Price (after aid)

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

4-year total cost breakdown for Summit Salon Academy-Lexington.

Financial Aid by Income Level

58.56% Undergraduates Receiving Financial Aid through Grants

62.74% Undergraduates Receiving Financial Aid through Loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00%
3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Summit Salon Academy-Lexington was 0.00%.

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

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 Summit Salon Academy-Lexington in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$9,496
2014$10,038
2015$10,392
2016$9,807
2017$11,210
2018$11,657
2019$9,204
2020$11,436
2021$12,053
2022$11,405
2023$13,809

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.

Acceptance Rate & Admissions

Acceptance Rate

81.25% Acceptance Rate

This institution has a moderate acceptance rate, accepting most qualified applicants.

Acceptance rate compared to national average.

Test Scores

Test score data is not available for this institution.

Average SAT and ACT scores for admitted students.

Academic Requirements

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

Estimated GPA and test score ranges.

Enrollment & Student Demographics

Summit Salon Academy-Lexington reported total enrollment of about 154 students in the latest College Scorecard extract. The student body is about 1% male and 99% female. Enrollment by race and ethnicity includes White (81.8%), Black or African American (8.4%), and Two or More Races (5.8%). About 58.56% of undergraduates receive Pell Grants. Roughly 48.8% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

100.0% Full-Time Enrollment

The total enrollment at Summit Salon Academy-Lexington in 2024 is 154 students.

Undergraduate enrollment is about 221 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

90.3%
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.

Enrollment by Race & Ethnicity

The largest enrollment share in our College Scorecard extract is White at 81.8%.

Shares are for total enrollment (undergraduate and graduate combined when reported).

College Scorecard student demographics.

Graduates & Outcomes

Time to Complete

9.09% 100% Completion Time

54.55% 150% Completion Time

In 2024, 9.09% of students graduating from Summit Salon Academy-Lexington completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Aesthetician/Esthetician and Skin Care Specialist: 3% male / 97% female
  • Cosmetology/Cosmetologist, General: 9% male / 91% female
  • Real Estate Development: 6% male / 94% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

Combined IPEDS award counts across reported programs; largest group: White.

Summed across program completion records in our extract.

ROI & Programs

Financial value and program information for Summit Salon Academy-Lexington.

Return on Investment

$7,917 Median Student Debt

$24,148 Median Annual Earnings (10 years)

32.79% Debt-to-Earnings Ratio

308.51% Return on Investment

3.3 years Estimated Payback Period

Financial value analysis for Summit Salon Academy-Lexington.

Top Programs by Completions

4 largest programs by IPEDS completions (of 5 reported codes; aggregate/unknown CIP buckets excluded).

1. Aesthetician/Esthetician and Skin Care Specialist: 73 completions

2. Cosmetology/Cosmetologist, General: 43 completions

3. Real Estate Development: 17 completions

4. Technical Teacher Education: 2 completions

Most popular programs at Summit Salon Academy-Lexington.

Employment Outcomes

Employment outcome data is not available for this institution.

Earnings outcomes for Summit Salon Academy-Lexington graduates.

Operations

Instructional staffing and expenditure indicators for Summit Salon Academy-Lexington from College Scorecard (not a full IPEDS finance statement).

Instructional Resources

  • Instructional expenditure per FTE: $3,727

Endowment and detailed non-instructional staff counts require IPEDS Finance/HR surveys and are not in this extract.

Scorecard instructional metrics where reported.

About

Summit Salon Academy-Lexington is a private for-profit institution located in Lexington, KY. In the latest IPEDS completions in our extract, the largest programs by awards were Aesthetician/Esthetician and Skin Care Specialist, Cosmetology/Cosmetologist, General, Real Estate Development. Enrollment is approximately 154 students. Student body composition includes White (81.8%), Black or African American (8.4%), Two or More Races (5.8%). The admission rate is 81.25%. The 150%-time completion rate is 54.55%. Approximately 58.56% of students receive Pell Grants. About 48.8% of students are first-generation college students.

Institution Type

Private For-profit

Location

Lexington, KY 40505

Region: Southeast

Insights and Analysis

Summit Salon Academy-Lexington provides educational opportunities for students seeking higher education. Prospective students should carefully evaluate all factors including costs, outcomes, and program offerings when making their enrollment decisions.

Frequently Asked Questions

Where is Summit Salon Academy-Lexington located?

Summit Salon Academy-Lexington is located in Lexington, KY.

What is Summit Salon Academy-Lexington's acceptance rate?

The acceptance rate at Summit Salon Academy-Lexington is 81.2% among first-time degree-seeking students reporting admissions data.

How much does Summit Salon Academy-Lexington cost?

Reported tuition is N/A and average net price is $14,778 in the latest College Scorecard data.

What is the student body demographics at Summit Salon Academy-Lexington?

Summit Salon Academy-Lexington reports undergraduate enrollment of about 221 students, White (81.8%), Black or African American (8.4%) in federal College Scorecard data.

How many first-generation students attend Summit Salon Academy-Lexington?

About 48.8% of students at Summit Salon Academy-Lexington are first-generation college students.

What do graduates of Summit Salon Academy-Lexington earn?

Median earnings are $18,903 six years after entry and $24,148 ten years after entry.

What is the graduation rate at Summit Salon Academy-Lexington?

The 150%-time completion rate is 54.5% for the cohort reported to the College Scorecard.

How much debt do Summit Salon Academy-Lexington students have?

Median federal loan debt among completers is $7,917.

Is Summit Salon Academy-Lexington public or private?

Summit Salon Academy-Lexington is a private for-profit institution located in Lexington, KY.

Is Summit Salon Academy-Lexington an HBCU?

No. Summit Salon Academy-Lexington is not flagged as an HBCU in the IPEDS institutional directory.

Is Summit Salon Academy-Lexington a tribal college?

No. Summit Salon Academy-Lexington is not flagged as a tribal college in IPEDS.

Is Summit Salon Academy-Lexington a Hispanic-serving institution (HSI)?

Using a 25% Hispanic enrollment threshold on College Scorecard demographics, Summit Salon Academy-Lexington does not meet that proxy (reported share 3.9%).

Data Sources

This page uses data from the following sources:

  • Kentucky trade schools profile
  • Lexington, Kentucky city profile
  • Southeast regional profile
  • All state profiles
  • Regional profiles
  • National benchmarks
  • School directory
  • All schools in Kentucky
  • 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 for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.

    All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.