Summit Salon Academy-Lexington
For-profit College in Lexington, KY. Median 10-year earnings $24,148.
Ten-year median earnings of $24,148 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 $7,917.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.33 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
81% of applicants get in, so the odds favor most reasonably prepared students. The applicant pool is small at 16, which makes year-over-year comparisons unreliable. Yield is high — 100% of admitted students go on to enroll, well above the typical rate.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Summit Salon Academy-Lexington →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 of 90% shows the cohort holds together through the hardest year. The student-faculty ratio is 20:1 — typical, which in practice means large lectures early and smaller classes in the major. Being a for-profit short-program school is the single most useful context for these numbers — the sector's spread is wide enough that the school-level figures matter more than usual. At 263 undergraduates, expect a small, closely-held student body.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 263 degree- or certificate-seeking undergraduates
Students pay an average of $14,028 annually, well below typical undergraduate net price. The gap between the $0–30k and $110k+ bands is narrow ($13,463 versus $18,701), meaning aid is not strongly need-weighted. Grant aid reaches 59% of students at an average of $4,948. Most students borrow — 63% 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.
IPEDS Student Financial Aid · 2023-24 · 63 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 | $13,463 |
| $30–48k | $14,278 |
| $48–75k | $16,604 |
| $75–110k | $16,707 |
| $110k+ | $18,701 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 165 of these 263 students, totalling $998,761 — an average of $6,053 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Fayette County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Probation or Equivalent or More Severe Status: Monitoring (Other - Provide unlisted or multiple justifications); School has an accreditation issue
VA GI Bill Comparison Tool (Veterans Affairs GIDS)