Lu Ross Academy

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2022 Average Net Price
$15,929
After Financial Aid
2019 Default Rate
2.12%
on Student Loans
2022 Enrolled Students
263
75.3% Full-Time

About

Lu Ross Academy is a higher education institution located in Ventura County, CA. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Lu Ross Academy were General Cosmetology (33 degrees awarded) and Barbering (29 degrees).

In 2022, 177 degrees were awarded across all undergraduate and graduate programs at Lu Ross Academy. 86.4% of these degrees were awarded to women, and 13.6% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (138 degrees), 5.75 times more than then the next closest race/ethnicity group, white (24 degrees).

Costs

After taking grants and loans into account, the average net price for students is $15,929.

In 2022, 70% of undergraduate students attending Lu Ross Academy received financial aid through grants. Comparatively, 61% of undergraduate students received financial aid through loans.

Average Net Price

$15,929
2022 Value
0.636%
1 Year Growth

In 2022 Lu Ross Academy had an average net price — the price paid after factoring in grants and loans — of $15,929. Between 2021 and 2022, the average net price of Lu Ross Academy grew by 0.636%.

This chart compares the average net price of Lu Ross Academy (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Financial Aid by Income Level

70%
Undergraduates Receiving Financial Aid through Grants
61%
Undergraduates Receiving Financial Aid through Loans

70% of undergraduate students at Lu Ross Academy received financial aid through grants or loans in 2022. This represents a growth of 32.1% with respect to 2021, when 53% of undergraduate students received financial aid.

This chart compares the average award discount at Lu Ross Academy (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
2.12%
2019 Default Rate
5
Number of Defaults

In 2019 the default rate for borrower's at Lu Ross Academy was 2.12%, which represents 5 out of the 236 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Lu Ross Academy had a total enrollment of 263 students in 2022. The full-time enrollment at Lu Ross Academy is 198 students and the part-time enrollment is 65. This means that 75.3% of students enrolled at Lu Ross Academy are enrolled full-time.

The enrolled student population at Lu Ross Academy, both undergraduate and graduate, is 80.6% Hispanic or Latino, 14.8% White, 1.52% Asian, 1.14% Two or More Races, and 0.38% American Indian or Alaska Native.

Students enrolled at Lu Ross Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (61.1%), followed by Hispanic or Latino Male (17.7%) and White Female (15.2%).

Full-Time vs Part-Time Enrollment

75.3%
Full-Time Enrollment

The total enrollment at Lu Ross Academy in 2022, both undergraduate and graduate, is 263 students. The full-time enrollment at Lu Ross Academy is 198 and the part-time enrollment is 65.

This chart shows the full-time vs part-time enrollment status at Lu Ross Academy (in red) compares to similar universities.

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Retention Rate over Time

85%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Lu Ross Academy was 85%. Compared with the full-time retention rate at similar (79%), Lu Ross Academy had a retention rate higher than its peers.

This chart shows the retention rate over time at Lu Ross Academy (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Hispanic or Latino
    212 enrolled students
  2. White
    39 enrolled students
  3. Asian
    4 enrolled students

The enrolled student population at Lu Ross Academy is 80.6% Hispanic or Latino, 14.8% White, 1.52% Asian, 1.14% Two or More Races, and 0.38% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all is 35.2% White, 26.5% Hispanic or Latino, and 17.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 1 students (0.38%) did not report their race.

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Graduates

In 2022, 129 more women than men received degrees from Lu Ross Academy. The most common race/ethnicity group of degree recipients at Lu Ross Academy is hispanic or latino (138 degrees awarded). There were 5.75 times more hispanic or latino recipients than the next closest race/ethnicity group, white (24 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Lu Ross Academy is General Cosmetology (33 degrees awarded), followed by Barbering (29 degrees).

In 2022,  the most specialized majors across all degree types at Lu Ross Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (177 degrees awarded).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Lu Ross Academy are Chefs & head cooks (8,521 people), Cooks (3,235 people), Morticians, undertakers, & funeral directors (2,785 people), Food service managers (2,333 people), and Firstline supervisors of food preparation & serving workers (1,142 people).

The most specialized majors at Lu Ross Academy in 2022 are Personal & Culinary Services (177 degrees awarded) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Lu Ross Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Management analysts

The most specialized majors at Lu Ross Academy are Personal & Culinary Services (177 degrees awarded) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Lu Ross Academy are Restaurants & Food Services (12,244 people), Funeral homes, & cemeteries & crematories (3,016 people), Traveler accommodation (1,919 people), Elementary & secondary schools (1,775 people), and Construction (1,430 people).

The most specialized majors at Lu Ross Academy are Personal & Culinary Services (177 degrees awarded) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Lu Ross Academy.
Most Common (2022)
  1. 33 degrees awarded
  2. 29 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Lu Ross Academy was General Cosmetology with 33 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Lu Ross Academy according to their major.

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Sex Breakdown for Common Majors

24
Degrees Awarded to Men
in 2022
153
Degrees Awarded to Women
in 2022

In 2022, 24 degrees were awarded to men at Lu Ross Academy, which is 0.157 times less than the number of degrees awarded to females (153).

This chart displays the sex disparity between the top 5 majors at Lu Ross Academy by degrees awarded.

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Most Common Male Majors

In 2022, 21 degrees were awarded to men at Lu Ross Academy in Barbering, which is 2.33 times more than the 9 female recipients with that same degree.

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Most Common Female Majors

In 2022, 98 degrees were awarded to women at Lu Ross Academy in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

14%
100% Completion Time
69%
150% Completion Time

In 2022, 14% of students graduating from Lu Ross Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 69% completed their degrees within 150% of the normal time, and 72% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Hispanic or Latino
    138 degrees awarded
  2. White
    24 degrees awarded
  3. Asian
    5 degrees awarded

The most common race/ethnicity at Lu Ross Academy is hispanic or latino (138 degrees awarded). There were 5.75 times more hispanic or latino recipients than the next closest race/ethnicity group, white (24 degrees).

2.82% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Female
    118 degrees awarded
  2. White Female
    22 degrees awarded
  3. Hispanic or Latino Male
    20 degrees awarded

The most common race/ethnicity and sex grouping at Lu Ross Academy is hispanic or latino female (118 degrees awarded). There were 5.36 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (22 degrees).

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Operations

Salary Expenditure

$1.27M
2022 Salaries
42.1%
growth from 2021

In 2022, Lu Ross Academy paid a median of $1.27M in salaries, a 42.1% growth from the previous year.

The median for similar is 668k (13.2% of overall expenditures).

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