Formations Institute
Private for-profit certificate school in Enid, OK that costs an average of $18,845 a year after financial aid and graduates 62% of full-time students.
Private for-profitSmall city39 undergraduates
Cost of Formations Institute
| Total cost of attendance (per year) | $23,696 |
|---|---|
| Average net price after aid | $18,845 |
Net price by family income
| Family income | Average net price / year |
|---|---|
| $0–30,000 | $18,662 |
| $110,001+ | $20,491 |
Net price is what students actually pay after grants and scholarships. Get your own estimate with Formations Institute's net price calculator ↗.
Admissions
| Acceptance rate | Open admission (everyone admitted) |
|---|
Graduation, earnings and debt
| Graduation rate | 62% |
|---|---|
| First-year retention | 22% |
| Median earnings 6 years after enrolling | $21,185 |
| Median earnings 10 years after enrolling | $27,387 |
| Rank in Oklahoma (earnings) | 36th of 45 similar colleges |
| Median debt of graduates | $6,995 |
| Typical monthly loan payment | $79 (10-year plan) |
| Students with Pell grants | 71% |
| Students with federal loans | 69% |
Majors and programs at Formations Institute
Earnings one year after graduation and median debt, by program. Click a program for details and comparisons.
Certificate programs (1)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Cosmetology and Related Personal Grooming Services | 61 | $19,568 | $6,365 |
Similar colleges in Oklahoma
| College | City | Net price / yr | Acceptance | Earnings |
|---|---|---|---|---|
| Ponca City Beauty College | Ponca City | $8,405 | — | $15,462 |
| Hair Arts Institute | Oklahoma City | $28,414 | — | — |
| Durant Institute of Hair Design | Durant | $16,862 | — | — |
| Premier Academy of Cosmetology | McAlester | $14,094 | — | — |
| Hello Gorgeous Barbers Stillwater's School of Barbering | Stillwater | $22,587 | — | — |
| Formations Institute of Cosmetology & Barbering | Woodward | $17,627 | — | $17,387 |
| The Academy of Hair Design LLC | Oklahoma City | $14,671 | — | $19,801 |
| JB's Hair Design and Barber College | Oklahoma City | $16,653 | — | — |
About Formations Institute
| Type | Private for-profit certificate school |
|---|---|
| Location | Enid, OK |
| Setting | Small city |
| Undergraduates | 39 |
| Student-to-faculty ratio | 9 to 1 |
| Accreditor | National Accrediting Commission of Career Arts and Sciences |
| Website | formationsinstitute.edu ↗ |
Frequently asked questions
How much does Formations Institute cost per year?
The full cost of attendance is $23,696 a year. After grants and scholarships the average student pays $18,845 a year, and students from families earning under $30,000 pay about $18,662.
How much do Formations Institute graduates earn?
Former students earn a median of $27,387 a year, 10 years after first enrolling — 36th of 45 similar colleges in Oklahoma.
What is Formations Institute's graduation rate?
62% of full-time students graduate within 150% of the normal program length, and 22% of first-year students return for a second year.