Summit Salon Academy-Kokomo
For-profit College in Kokomo, IN. Median 10-year earnings $23,226.
Ten-year median earnings of $23,226 are on the low side, which raises the bar for what this degree needs to cost. Borrowing stays contained, with median debt at graduation of $8,973.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
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 60% — the single largest point of attrition on this campus. A 16:1 ratio is unremarkable; expect a mix of lecture halls and seminars. This is a for-profit short-program school. That is not disqualifying, but it does mean verifying accreditation, transferability of credits, and job-placement claims directly rather than trusting the category. The undergraduate body is just 185, which shapes everything from class size to how often a required course is offered.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 185 degree- or certificate-seeking undergraduates
Students pay an average of $21,522 annually once grants are applied. Net price varies modestly by income — $18,043 at $0–30k against $23,995 at $110k+ — so the average is a fair guide for most families. 51% of students receive grant aid, averaging $4,921 — common but not automatic. Borrowing is widespread: 58% take federal loans.
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.
IPEDS Student Financial Aid · 2023-24 · 70 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 | $18,043 |
| $30–48k | $17,874 |
| $48–75k | $22,022 |
| $75–110k | $23,995 |
| $110k+ | $23,995 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 107 of these 185 students, totalling $764,074 — an average of $7,141 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Howard County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026