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For-profit College

Salon Professional
Academy-Elevate Salon Institute

For-profit College in Miami Beach, FL. Median 10-year earnings $16,515.

Verdict Mixed outcomes
Salon Professional Academy-Elevate Salon Institute · Campus
Median earnings · 10 yr
$16,515
Median debt at grad
$7,528
Federal loan default
0%

Median earnings ten years after entry come to $16,515, below what most undergraduate institutions return — the central fact to weigh against cost here. Graduates leave owing a median of $7,528 — modest by four-year standards.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags

Academics

Full-time retention
73%
Transfer-out rate
—
Student:faculty
16:1

This institution reports no six-year graduation rate. The federal measure only follows first-time, full-time students, so schools built around part-time or transfer enrollment often fall outside it entirely. First-year retention is 73% — the single largest point of attrition on this campus. A 16:1 ratio is unremarkable; expect a mix of lecture halls and seminars. As a for-profit short-program school, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers. At 73 undergraduates, expect a small, closely-held student body.

Financial Aid

Average net price
—
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
33%
degree- or certificate-seeking undergraduates
% receiving federal loans
66%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 73 degree- or certificate-seeking undergraduates

No average net price is published here, so the cost side of this page is incomplete. Treat the participation rates as a signal about aid, not about price. The gap between the $0–30k and $110k+ bands is narrow ($9,405 versus $9,405), meaning aid is not strongly need-weighted. Grant aid is limited — 33% of students receive any. Most students borrow — 66% take federal loans to cover the gap.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
31%
Average grant
$3,916

IPEDS Student Financial Aid · 2023-24 · 36 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $9,405
$30–48k $9,405
$48–75k —
$75–110k —
$110k+ $9,405

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 48 of these 73 students, totalling $273,271 — an average of $5,693 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Miami-Dade County) — budget these against any cost-of-attendance housing estimate.

Studio
$1,828/mo
1 bedroom
$1,995/mo
2 bedroom (whole unit)
$2,436/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Compare Salon Professional Academy-Elevate Salon Institute with peer institutions

How we evaluate Salon Professional Academy-Elevate Salon Institute

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →