Formations Institute

www.formationsinstitute.edu

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2024 Average Net Price
$23,010
After Financial Aid
2024 Enrolled Students
39
100% Full-Time

About

Formations Institute is a higher education institution located in Garfield County, OK. In 2024, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Formations Institute were General Cosmetology (11 degrees awarded), Barbering (7 degrees), and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2024, 42 degrees were awarded across all undergraduate and graduate programs at Formations Institute. 97.6% of these degrees were awarded to women, and 2.38% awarded men. The most common race/ethnicity group of degree recipients was white (19 degrees), 1.46 times more than then the next closest race/ethnicity group, hispanic or latino (13 degrees).

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $23,010.

In 2024, 77% of undergraduate students attending Formations Institute received financial aid through grants. Comparatively, 66% of undergraduate students received financial aid through loans.

Average Net Price

$23,010
2024 Value
36.5%
1 Year Growth

In 2024 Formations Institute had an average net price — the price paid after factoring in grants and loans — of $23,010. Between 2023 and 2024, the average net price of Formations Institute grew by 36.5%.

This chart compares the average net price of Formations Institute (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

77%
Undergraduates Receiving Financial Aid through Grants
66%
Undergraduates Receiving Financial Aid through Loans

77% of undergraduate students at Formations Institute received financial aid through grants or loans in 2024. This represents a growth of 14.9% with respect to 2023, when 67% of undergraduate students received financial aid.

This chart compares the average award discount at Formations Institute (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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Enrollment

Formations Institute had a total enrollment of 39 students in 2024. The full-time enrollment at Formations Institute is 39 students and the part-time enrollment is 0. This means that 100% of students enrolled at Formations Institute are enrolled full-time.

The enrolled student population at Formations Institute, both undergraduate and graduate, is 79.5% White, 7.69% Black or African American, 7.69% Hispanic or Latino, 2.56% American Indian or Alaska Native, and 2.56% Two or More Races.

Students enrolled at Formations Institute in full-time Undergraduate programs are most commonly White Female (57.5%), followed by Hispanic or Latino Female (16.1%) and Black or African American Female (8.05%).

Full-Time vs Part-Time Enrollment

100%
Full-Time Enrollment

The total enrollment at Formations Institute in 2024, both undergraduate and graduate, is 39 students. The full-time enrollment at Formations Institute is 39 and the part-time enrollment is 0.

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

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Retention Rate over Time

22%
2024 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 Formations Institute was 22%.

This chart shows the retention rate over time at Formations Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    31 enrolled students
  2. Black or African American
    3 enrolled students
  3. Hispanic or Latino
    3 enrolled students

The enrolled student population at Formations Institute is 79.5% White, 7.69% Black or African American, 7.69% Hispanic or Latino, 2.56% American Indian or Alaska Native, and 2.56% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2024, 40 more women than men received degrees from Formations Institute. The most common race/ethnicity group of degree recipients at Formations Institute is white (19 degrees awarded). There were 1.46 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Formations Institute is General Cosmetology (11 degrees awarded), followed by Barbering (7 degrees) and Cosmetology, Barber, & Nail Instructor (1 degrees).

In 2024,  the most specialized majors across all degree types at Formations Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (42 degrees awarded).

Common Jobs by Major

Chefs & head cooks
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Formations Institute are Chefs & head cooks (8,029 people), Morticians, undertakers, & funeral directors (2,563 people), Cooks (2,527 people), Food service managers (2,129 people), and Other managers (1,234 people).

The most specialized majors at Formations Institute in 2024 are Personal & Culinary Services (42 degrees awarded) (as of 2024).

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Highest Paying Jobs by Major

Chief executives & legislators
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Formations Institute are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Construction managers, and Operations research analysts

The most specialized majors at Formations Institute are Personal & Culinary Services (42 degrees awarded) (as of 2024).

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Common Industries by Major

Restaurants & Food Services
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Formations Institute are Restaurants & Food Services (10,067 people), Funeral homes, & cemeteries & crematories (2,964 people), Elementary & secondary schools (2,291 people), Traveler accommodation (1,906 people), and Construction (1,185 people).

The most specialized majors at Formations Institute are Personal & Culinary Services (42 degrees awarded) (as of 2024).

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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 Formations Institute.
Most Common (2024)
  1. General Cosmetology
    11 degrees awarded
  2. Barbering
    7 degrees awarded
  3. Cosmetology, Barber, & Nail Instructor
    1 degrees awarded

In 2024, the most common 1 to 2 year postsecondary certificate concentration at Formations Institute was General Cosmetology with 11 degrees awarded.

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

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Sex Breakdown for Common Majors

1
Degrees Awarded to Men
in 2024
41
Degrees Awarded to Women
in 2024

In 2024, 1 degrees were awarded to men at Formations Institute, which is 0.0244 times less than the number of degrees awarded to females (41).

This chart displays the sex disparity between the top 5 majors at Formations Institute by degrees awarded.

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Most Common Male Majors

In 2024, 1 degrees were awarded to men at Formations Institute in Barbering, which is 0.167 times less than the 6 female recipients with that same degree.

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Most Common Female Majors

In 2024, 17 degrees were awarded to women at Formations Institute in Aesthetician & Skin Care Specialist. There were no male recipients with the same degree.

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Time to Complete

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 (2024)
  1. White
    19 degrees awarded
  2. Hispanic or Latino
    13 degrees awarded
  3. Black or African American
    5 degrees awarded

The most common race/ethnicity at Formations Institute is white (19 degrees awarded). There were 1.46 times more white recipients than the next closest race/ethnicity group, hispanic or latino (13 degrees).

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    19 degrees awarded
  2. Hispanic or Latino Female
    13 degrees awarded
  3. Black or African American Female
    4 degrees awarded

The most common race/ethnicity and sex grouping at Formations Institute is white female (19 degrees awarded). There were 1.46 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (13 degrees).

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