C+

Above Average

Score: 57/100

Overall (traditional)

Outcome Rating

48/100 · earnings-weighted

Faust Institute of Cosmetology-Spirit Lake

Less than 2-Year Private For-Profit

📍 Spirit Lake, Iowa 51360

🌐 www.faustinstitute.com/

ℹ️

Rating Context: This is a specialized vocational program (less than 2-year). Our comprehensive rating system is optimized for traditional colleges and may not fully reflect the value of career-focused training programs.

Suggested Focus: For this type of institution, we recommend prioritizing the Outcomes Score (B+) which measures graduation and job placement rates — the most relevant metrics for career programs.
Graduation Rate: 80%

Outcomes

B+

75/100

Affordability

50/100

Resources

68/100

Experience

53/100

Prestige

33/100

Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology

Quick Stats

Total Enrollment

80%

Graduation Rate

100%

Retention Rate

8.0:1

Student-Faculty Ratio

N/A

Acceptance Rate

N/A

Avg Net Price

Earnings, Debt & Completion

What happens to students who enroll at Faust Institute of Cosmetology-Spirit Lake, from the U.S. Department of Education’s College Scorecard.

$23,784

Median earnings 10 yrs after entry

$20,200

Median earnings 6 yrs after entry

92.3%

Completion rate (within 150% of normal time)

42.3%

Students receiving Pell grants

Earnings rank: 21st percentile among certificate-focused colleges after a partial adjustment for local wage levels (IA wage index 0.90). This drives the Outcome Rating.

Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.

Earnings by Major at Faust Institute of Cosmetology-Spirit Lake

Median pay of undergraduate certificate or diploma graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.

Major	1 yr after	4 yrs after	vs. national	Rank (pay)	Rank (wage-adj.)	Median debt
Cosmetology and Related Personal Grooming Services	$20,098	—	—	—	—	$12,000

Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.

For parents & investors

The Faust Institute of Cosmetology-Spirit Lake Town Property Report

Avg home value near campus: $412,824
Avg rent near campus: $1,008/mo
Top nearby ZIP by cap rate: 51340 (4.3% cap, Fostoria)

Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield, and the “kiddie condo” strategy parents use.

✓ Sent — check your inbox

Free — no spam, unsubscribe anytime.

Costs & Financial Aid

Tuition & Fees

Category	In-State	Out-of-State
Tuition	N/A	N/A

Financial Aid

80%

Receive Any Aid

60%

Receive Pell Grants

40%

Take Out Loans

N/A

Avg Net Price

Programs & Career Paths

Top Degree Programs

Programs ranked by number of degrees awarded annually.

Cosmetology/Cosmetologist, General 9 grads/yr Aesthetician/Esthetician and Skin Care Specialist 6 grads/yr

Related Career Paths

Careers that graduates from Faust Institute of Cosmetology-Spirit Lake's top programs commonly pursue.

Makeup artists, theatrical and performance

$50k/yr 7,000 jobs

Skincare specialists

$42k/yr 97,400 jobs

Hairdressers, hairstylists, and cosmetologists

$35k/yr 575,200 jobs

Manicurists and pedicurists

$35k/yr 210,100 jobs

Shampooers

$31k/yr 18,500 jobs

Student Demographics

Total Students

100%

Women

81%

Traditional Age (18-24)

👥 Race & Ethnicity

White 75%

Hispanic 25%

🏠 Living Arrangements

💻 Learning Mode

In-Person 100%

📊 Age Distribution

18-24 (Traditional) 81%

25-64 (Adult) 19%

Frequently Asked Questions

What is the acceptance rate at Faust Institute of Cosmetology-Spirit Lake?

Acceptance rate data is not available for this institution. Many schools with open enrollment or specialized programs do not report traditional acceptance rates.

How much does it cost to attend Faust Institute of Cosmetology-Spirit Lake?

Detailed tuition information is not available for this institution. Contact the admissions office for current pricing.

What is the graduation rate at Faust Institute of Cosmetology-Spirit Lake?

The graduation rate at Faust Institute of Cosmetology-Spirit Lake is 80%. This is considered an excellent graduation rate, indicating strong student success and support systems.

Is Faust Institute of Cosmetology-Spirit Lake a good school?

Faust Institute of Cosmetology-Spirit Lake has a Repit College Score of 57/100 (Grade: C+). Our rating evaluates five key factors:

Outcomes (B+): Graduation and retention rates
Affordability (C): Net cost and financial aid access
Resources (B): Class sizes and selectivity
Experience (C): Campus life and learning format
Prestige (D): Reputation and recognition

Note: As a vocational program, we recommend focusing on the Outcomes score when evaluating this school.

How many students attend Faust Institute of Cosmetology-Spirit Lake?

Faust Institute of Cosmetology-Spirit Lake has a total enrollment of 16 students. Most students (81%) are traditional college-age (18-24).

Deciding between a dorm and buying near campus? Run the numbers for Faust Institute of Cosmetology-Spirit Lake — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →