Active Report Report ID: EDU-156967-2026

Summit Salon Academy-Lexington

Lexington, KY 40505

Acceptance rate81.25%Broad access
Avg. net price$14,778After aid
Graduation rate54.55%150% time
Median salary$24,14810yr post-entry
ROI309%10yr vs net cost

About Summit Salon Academy-Lexington

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 findings

  • Median earnings 10 years after entry are $24,148.

Research findings

01

Finding

Modeled return on investment at Summit Salon Academy-Lexington is strong.

Estimated ROI reaches about 309% 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
Summit Salon Academy-Lexington$14,7781
Private For-profit (national median)$16,637477
Kentucky (state median)$11,652$5,76253
Urban (City) (locale median)$15,200$20,0531,346
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 Summit Salon Academy-Lexington 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 Summit Salon Academy-Lexington versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at Summit Salon Academy-Lexington is $14,778.

Evidence College Scorecard average net price is $14,778 (cost of attendance minus average grant aid for aided undergraduates). That is about $9,016 above the Kentucky median net price. Versus urban (city) campuses, net price runs $5,275 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

Summit Salon Academy-Lexington: research record

Canonical EDsmart Data findings for Summit Salon Academy-Lexington—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

$14,778

Net price by family income

Income bracketAvg. annual net price
$0–$30,000$13,463
$30,001–$48,000$14,278
$48,001–$75,000$16,604
$110,001+$18,701

Student outcomes

First-year retention90.3%

Share of first-year students returning the following fall.

$18,903Median earnings (6 years after entry)

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

Is Summit Salon Academy-Lexington a good school?

Data-framed fit—not a prestige rating.

Summit Salon Academy-Lexington 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.

Earnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for Summit Salon Academy-Lexington.

Campus

Location

Lexington, KY

City / state

ZIP
40505
NCES locale
City

Compared with Urban (City) campuses nationally, net price is 26% below the median for Urban (City) campuses ($20,053 median).

Control

Institution type

Private For-profit

Control

Region
Southeast

Size

Enrollment

154

Total enrollment

Undergraduate
221
Full-time share
100%

Student aid

Debt & aid

$7,917

Median federal loan debt

Pell grant share
58.56%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$59,112Estimated 4-year total cost
$14,778Average 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 Summit Salon Academy-Lexington.

Financial Aid by Income Level

58.56% Undergraduates receiving aid through grants
62.74% Undergraduates receiving 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.

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 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.

Access

How difficult is it to get in?

Acceptance Rate

81.25%Acceptance rate

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

Campus acceptance rate from College Scorecard admissions data.

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

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

81.8%White or Caucasian
9Reported race/ethnicity groups

Largest share of total enrollment in our College Scorecard extract.

  • White or Caucasian81.8%
  • Black or African American8.4%
  • Two or More Races5.8%
  • Hispanic or Latino3.9%
  • Asian0.0%
  • American Indian or Alaska Native0.0%
  • Native Hawaiian or Other Pacific Islander0.0%
  • Non-Resident Alien0.0%
  • Race/ethnicity unknown0.0%

College Scorecard student demographics (total enrollment shares).

Outcomes

Do students complete their programs?

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

92White or Caucasian
7Reported groups

Largest group by summed IPEDS award counts across reported programs.

  • White or Caucasian92
  • Black or African American20
  • Two or More Races12
  • Hispanic or Latino10
  • Asian1
  • American Indian or Alaska Native0
  • Native Hawaiian or Other Pacific Islander0

Summed across program completion records in our extract.

Outcomes & academic profile

Summit Salon Academy-Lexington graduates earn a median of $24,148 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 Summit Salon Academy-Lexington.

Evidence Median earnings 10 years after entry: $24,148. Median federal loan debt: $7,917. Average net price used in cost models: $14,778.

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 Summit Salon Academy-Lexington graduates report median earnings of $24,148 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

309%Modeled return on investment
$7,917Median student debt
$24,148Median annual earnings (10 years)
32.79%Debt-to-earnings ratio
3.3 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for Summit Salon Academy-Lexington.

Top Programs by Completions

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

  1. Real Estate Development 17
  2. Technical Teacher Education 2

IPEDS award counts for the largest programs at Summit Salon Academy-Lexington.

Employment Outcomes

$24,148Median earnings (10 years after entry)
$18,903Median earnings (6 years after entry)
$17,724Median earnings (8 years after entry)
80.62%Working & not enrolled (8-year cohort share)

Median earnings 6, 8, and 10 years after entry for Summit Salon Academy-Lexington graduates.

Institutional resources

Finding: federal finance and Scorecard instructional fields for Summit Salon Academy-Lexington—instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.

Instructional Resources

  • Instructional expenditure per FTE: $3,727
    • Kentucky median 0.64× the median ($5,808)
    • Southeast median 0.56× the median ($6,602)
    • U.S. median 0.51× the median ($7,288)

Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.

Scorecard instructional metrics where reported.

Summit Salon Academy-Lexington at a glance

Institution snapshot

Summit Salon Academy-Lexington

Lexington, KY 40505 · Private For-profit · Southeast

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

Avg. net price$14,778
Enrollment154
Acceptance rate81.25%
Completion (150%)54.55%
Pell Grant share58.56%
First-generation48.8%
Largest programs (IPEDS awards)
Aesthetician/Esthetician and Skin Care SpecialistCosmetology/Cosmetologist, GeneralReal Estate Development
Largest enrollment groups
White or Caucasian81.8%
Black or African American8.4%
Two or More Races5.8%
Nearby

Schools near Summit Salon Academy-Lexington

Other campuses in Lexington, KY when available, plus nearby institutions in Kentucky.

Peers

Similar schools

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

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 explains Summit Salon Academy-Lexington's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($14,778), completion (54.5% within 150% of normal time where reported), and median earnings ten years after entry ($24,148). 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 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.

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.