Gainful Employment

    Barber

    Barber

    American Academy of Cosmetology
    Undergraduate certificate in Barbering/Barber
    Program Length: 10 Months

    Students graduating on time
    53% of Title IV students complete the program within 10 months.

    Program Costs*

    $14,600 for tuition and fees
    $1,850 for books and supplies

    Visit website for more program cost information
    *The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

    Students Borrowing Money

    The typical graduate leaves with

    N/A* in debt.
    *Fewer than 10 students completed this program within normal time. This number has been withheld to preserve the confidentiality of the students.

    The typical monthly loan payment

    N/A per month in student loans with N/A* interest rate.

    *Fewer than 10 students completed this program within normal time. This number has been withheld to preserve the confidentiality of the students.

    Graduates who got jobs

    70% of program graduates got jobs according to the Florida job placement rate
    72% of program graduates got jobs according to the NACCAS job placement rate
    Program graduates are employed in the following fields: Barber

    Licensure Requirements

    This program meets licensure requirements in Florida

    Program does not meet licensure requirements in: Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Federated States of Micronesia, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Marianas, Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, Wyoming

    Date Created 4/6/2018
    These disclosures are required by the U.S. Department of Education

    Cosmetology

    Cosmetology

    American Academy of Cosmetology
    Undergraduate certificate in General Cosmetology
    Program Length: 10 Months

    Students graduating on time
    45% of Title IV students complete the program within 6 months.

    Program Costs*

    $14,600 for tuition and fees
    $1,850 for books and supplies

    Visit website for more program cost information
    *The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

    Students Borrowing Money

    The typical graduate leaves with

    $8,922 in debt.

    The typical monthly loan payment

    $92 per month in student loans with 4.45% interest rate.

    Graduates who got jobs

    70% of program graduates got jobs according to the Florida job placement rate
    72% of program graduates got jobs according to the NACCAS job placement rate

    Program graduates are employed in the following fields:
    Hair Dresser

    Licensure Requirements

    This program meets licensure requirements in Florida

    Program does not meet licensure requirements in:
    Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Federated States of Micronesia, Foreign Country, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Marianas, Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, Wyoming

    Date Created 4/6/2018
    These disclosures are required by the U.S. Department of Education

    Full Specialist

    Full Specialist

    American Academy of Cosmetology
    Undergraduate certificate in Full Specialty
    Program Length: 6 Months

    Students graduating on time
    85% of Title IV students complete the program within 6 months.

    Program Costs*

    $7,800 for tuition and fees
    $615 for books and supplies

    Visit website for more program cost information
    *The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

    Students Borrowing Money

    The typical graduate leaves with

    $3,892 in debt.

    The typical monthly loan payment

    $40 per month in student loans with 4.45% interest rate.

    Graduates who got jobs

    70% of program graduates got jobs according to the Florida job placement rate
    70% of program graduates got jobs according to the NACCAS job placement rate

    Program graduates are employed in the following fields:
    Full Specialist

    Licensure Requirements

    This program meets licensure requirements in Florida

    Program does not meet licensure requirements in:
    Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Federated States of Micronesia, Foreign Country, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Marianas, Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, Wyoming

    Date Created 4/6/2018
    These disclosures are required by the U.S. Department of Education

    Massage Therapy

    Massage Therapy

    American Academy of Cosmetology
    Undergraduate certificate in Massage Therapy
    Program Length: 6 Months

    Students graduating on time

    N/A of Title IV students complete the program within 6 months.

    Program Costs*

    $8,650 for tuition and fees
    $450 for books and supplies

    Visit website for more program cost information
    *The amounts shown above include costs for the entire program, assuming normal time to completion. Note that this information is subject to change.

    Students Borrowing Money

    The typical graduate leaves with

    N/A in debt.

    The typical monthly loan payment

    N/A per month in student loans with N/A interest rate.

    Graduates who got jobs

    N/A of program graduates got jobs according to the Florida job placement rate
    N/A of program graduates got jobs according to the NACCAS job placement rate

    Program graduates are employed in the following fields:
    Massage Therapists

    Licensure Requirements

    This program meets licensure requirements in Florida

    Program does not meet licensure requirements in:
    Alabama, Alaska, American Samoa, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Federated States of Micronesia, Foreign Country, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Marshall Islands, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Northern Marianas, Ohio, Oklahoma, Oregon, Palau, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virgin Islands, Virginia, Washington, West Virginia, Wisconsin, Wyoming

    Date Created 4/6/2018
    These disclosures are required by the U.S. Department of Education

    Notice

    SUBJECT: GAINFUL EMPLOYMENT FINAL DEBT-TO-EARNINGS RATES
    INSTITUTION: AMERICAN ACADEMY OF COSMETOLOGY

    OPEID: 041515
    DMYR: 2015
    To All Students and Prospective Students enrolled or interested in enrolling in Cosmetology.

    THIS LETTER PROVIDES YOU WITH THE FINAL GAINFUL EMPLOYMENT (GE) DEBT-TO- EARNINGS (D/E) RATES FOR GAINFUL EMPLOYMENT PROGRAMS AT YOUR INSTITUTION FOR DEBT MEASURE YEAR (DMYR) 2015.

    DEBT TO EARNINGS RATES

    UNDER THE GE REGULATIONS, A GE PROGRAM PASSES THE D/E RATES MEASURE IF ITS DISCRETIONARY INCOME RATE IS LESS THAN OR EQUAL TO 20 PERCENT OR ITS ANNUAL EARNINGS RATE IS LESS THAN OR EQUAL TO 8 PERCENT. A GE PROGRAM FAILS THE D/E RATES MEASURE IF ITS DISCRETIONARY INCOME RATE IS GREATER THAN 30 PERCENT AND ITS ANNUAL EARNINGS RATE IS GREATER THAN 12 PERCENT.

    UNDER THE REGULATIONS, A GE PROGRAM BECOMES INELIGIBLE FOR TITLE IV, HEA PROGRAM FUNDS, IF THE PROGRAM FAILS THE D/E RATES MEASURE FOR TWO OUT OF THREE CONSECUTIVE YEARS, OR THE PROGRAM HAS A COMBINATION OF FAILING OR ZONE D/E RATES FOR FOUR CONSECUTIVE YEARS. "THIS PROGRAM HAS NOT PASSED STANDARDS ESTABLISHED BY THE U.S. DEPARTMENT OF EDUCATION. THE DEPARTMENT BASED THESE STANDARDS ON THE AMOUNTS STUDENTS BORROW FOR ENROLLMENT IN THIS PROGRAM AND THEIR REPORTED EARNINGS. IF IN THE FUTURE THE PROGRAM DOES NOT PASS THE STANDARDS, STUDENTS WHO ARE THEN ENROLLED MAY NOT BE ABLE TO USE FEDERAL STUDENT GRANTS OR LOANS TO PAY FOR THE PROGRAM, AND MAY HAVE TO FIND OTHER WAYS, SUCH AS PRIVATE LOANS, TO PAY FOR THE PROGRAM."

    AAC Cosmetology Program failed the first reporting of GE. AAC filed an intent to appeal which deadline for submission of data documents extended to January 2018. AAC did not have their final appeal findings certified and thus did not complete appeal. These are final as of January 2018 - the deadline for appeal.

    FAIL

    TRANSITIONAL

    CIP CRED CIP NAME ANNUAL DISCR ANNUAL DISCR

    LEVL RATE

    120401 01 COSMETOLOGY/COSMETOL 013.46 100.00 013.47 100.00