Formations Institute
Enid, OK · Private for-profit · Certificate degree-granting
A private for-profit institution in Enid, Oklahoma, accredited by the National Accrediting Commission of Career Arts and Sciences, Inc., Formations Institute serves students across multiple degree programs. With 39 students, it is a small institution. Graduates earn a median of $22,058 ten years after enrollment, compared to a national median of $40,747. The graduation rate is 58.1%. The average net price after financial aid is $24,213 per year. The most popular programs include Cosmetology and Related Personal Grooming Services.
Key Outcomes
Median Earnings (10yr)
$22,058
Graduation Rate
58.1%
Median Debt
Not reported
Average Net Price
$24,213
Earnings-to-Cost Ratio
0.91x
Admissions & Enrollment
Total Enrollment
39
Admission Rate
Not reported
Average SAT
Not reported
Retention Rate
22.2%
Cost
In-State Tuition
Not reported
Out-of-State Tuition
Not reported
Pell Grant Rate
71.2%
Federal Loan Rate
65.8%
Student Demographics
White
79.5%
Black
7.7%
Hispanic
7.7%
Asian
0.0%
Two or More Races
2.6%
Student Loan Performance
Repayment Rate (3yr)
41.7%
Accreditations
- National Accrediting Commission of Career Arts and Sciences, Inc. — Institutional Accreditation (Accredited)
Programs (1)
Undergraduate Certificate (1)
| Program | Median Earnings | Completers |
|---|---|---|
| Cosmetology and Related Personal Grooming Services | $18,003 | 19 |