Formations Institute
Enid, Oklahoma. 39 undergraduates.
Graduates' median debt ($6,995) equals 26% of former students' median earnings ten years after starting ($27,387).
What families actually pay
Average yearly net price for first-time, full-time students who received federal aid, by family income. Net price is the cost of attendance minus grants and scholarships. Source: College Scorecard.
Do students finish, and what do they earn?
| Measure | This college | Similar colleges nationally |
|---|---|---|
| Graduation rate | 62% | 71% |
| Return for second year | 22% | 77% |
| Median earnings, 6 years after starting | $21,185 | $33,491 |
| Median earnings, 10 years after starting | $27,387 | $36,576 |
| Median debt at graduation | $6,995 | $9,500 |
Graduation rate within 150% of normal time; retention is the share of first-year students who return. Earnings are medians for former students who received federal aid, working and not enrolled. National comparison is the median for colleges of the same type (mostly certificates).
Programs and what graduates earn
1 programs reported| Program | Graduates / yr | Median earnings, 1 yr | Median earnings, 5 yrs | Median debt |
|---|---|---|---|---|
| Cosmetology and Related Personal Grooming Services | 42 | $19,568 | $24,946 | $9,267 |
Program-level medians for graduates who received federal aid. A dash means the Department of Education suppressed the figure to protect privacy, usually because the program is small. At four-year colleges, certificate graduates often earned a bachelor's at the same time, so their earnings can reflect the degree. Source: College Scorecard, field of study data.
Similar colleges in Oklahoma
Quick answers
- How much does Formations Institute cost per year?
- The average net price at Formations Institute, what students pay after grants and scholarships, is $18,845 per year. Source: U.S. Department of Education College Scorecard.
- How much do Formations Institute graduates earn?
- Former Formations Institute students earn a median of $27,387 a year ten years after starting college. Source: U.S. Department of Education College Scorecard.
- What is the graduation rate at Formations Institute?
- 62% of Formations Institute students graduate within 150% of normal time. Source: U.S. Department of Education College Scorecard.
- How much student debt do Formations Institute graduates have?
- The median federal student debt at graduation from Formations Institute is $6,995. Source: U.S. Department of Education College Scorecard.
