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Formations Institute of Cosmetology & Barbering Data & Information Overview

4% Student Loan Default Rate
Find out more about how Formations Institute of Cosmetology & Barbering ranks, how diverse it is, what majors it offers, and other essential facts below. All you need to do to learn more about a stat is click on its tile, and you’ll be taken to another page that analyzes that data more closely. Also, you can use the links below to scroll to any section of this page.

How Well Is Formations Institute of Cosmetology & Barbering Ranked?

2025 Rankings

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Overall Quality

Formations Institute was not ranked in College Factual's Best Overall Colleges report this year. This may be because not enough data was available.

See all of the rankings for Formations Institute of Cosmetology & Barbering.

Is It Hard to Get Into Formations Institute?

Open Admissions Policy

Acceptance Rate

Returning adults and other non-traditional students may appreciate the fact that Formations Institute of Cosmetology & Barbering has an open admissions policy. This means that you'll only have to submit basic materials, which may include proof that you completed high school or an equivalent program.

Learn more about Formations Institute of Cosmetology & Barbering admissions.

Formations Institute of Cosmetology & Barbering Faculty

16 to 1 Student to Faculty

Student to Faculty Ratio

With a student to faculty ratio of 16 to 1, Formations Institute of Cosmetology & Barbering is about average in this regard as the nationwide rate is 15 to 1. While this does not translate directly to class size, it's a good indicator of how much time professors will have to spend with their students on a one-on-one basis.

Retention and Graduation Rates at Formations Institute of Cosmetology & Barbering

49% Freshmen Retention

Freshmen Retention Rate

The freshmen retention rate is a measure of what percentage of first-year, full-time students come back for their sophomore year. The 49% rate at Formations Institute of Cosmetology & Barbering is a good bit lower than the national rate of 68%. This could be for a number of reasons, such as students transferring after a year because they changed majors.

Freshmen Retention Rate  49 out of 100
0
100

Find out more about the retention and graduation rates at Formations Institute of Cosmetology & Barbering.

Formations Institute of Cosmetology & Barbering Undergraduate Student Diversity

34 Full-Time Undergraduates
23.5% Racial-Ethnic Minorities*
85.3% Percent Women

During the 2017-2018 academic year, there were 34 full-time undergraduates at Formations Institute.

How Much Does Formations Institute of Cosmetology & Barbering Cost?

$18,384 Net Price
63% Take Out Loans
$18,652 Total Student Loans
The overall average net price of Formations Institute is $18,384. The affordability of the school largely depends on your financial need since net price varies by income group.

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.Note that the net price is typically less than the published for a school. For more information on the sticker price of Formations Institute, see our tuition and fees and room and board pages.

Student Loan Debt

Almost 66% of college students who graduated with the class of 2018 took out student loans, but that percentage varies from school to school. At Formations Institute, approximately 63% of students took out student loans averaging $4,663 a year. That adds up to $18,652 over four years for those students.

The student loan default rate at Formations Institute is 4.0%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Get more details about paying for Formations Institute of Cosmetology & Barbering.

How Much Money Do Formations Institute Graduates Make?

$17,260 Avg Salary of Grads
High Earnings Boost
Although some majors pay more than others, students who graduate from Formations Institute with a bachelor's degree go on to jobs where they make an average salary of $17,260 in their early years. This is about 65% less that the average pay for college graduates overall. However, graduates with your major may make more.

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See which majors at Formations Institute of Cosmetology & Barbering make the most money.

Location of Formations Institute of Cosmetology & Barbering

Oklahoma State
34 Full-Time Undergraduates
Town Campus Setting
Located in Woodward, Oklahoma, Formations Institute of Cosmetology & Barbering is a private for-profit institution. The location of Formations Institute is a good match for students who are interested in living in a college town while they pursue their degree.

Get more details about the location of Formations Institute of Cosmetology & Barbering.

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Contact details for Formations Institute are given below.

Contact Details
Address:502 Texas Ave, Woodward, OK 73801
Phone:580-216-4025
Website:formationsinstitute.edu/

Formations Institute of Cosmetology & Barbering Majors

1 Majors With Completions
72 Undergraduate Degrees
72 Graduate Degrees
During the most recent year for which we have data, students from 1 majors graduated from Formations Institute of Cosmetology & Barbering. Of these students, 72 received undergraduate degrees and 72 graduated with a master's or doctor's degree. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.

Most Popular MajorsBachelor’s DegreesAverage Salary of Graduates
Cosmetology36NA

Learn more about the majors offered at Formations Institute of Cosmetology & Barbering along with which ones have the highest average starting salaries.

Learn more about online learning at Formations Institute of Cosmetology & Barbering.

Notes and References

Footnotes

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

References

More about our data sources and methodologies.

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