Formations Institute

Enid, OK · Private for-profit · www.formationsinstitute.edu/ ↗

Formations Institute is a private for-profit college in Enid, Oklahoma, located in a small city. It enrolls 39 undergraduate degree-seeking students and mostly awards certificates. By number of certificate degrees awarded, its largest program is Cosmetology and Related Personal Grooming Services.

Source: U.S. Department of Education College Scorecard.

Formations Institute at a glance

Undergraduate enrollment
39
Similar schools: 127
Average net priceiAverage sticker price minus typical grants and scholarships: the amount most students actually pay out-of-pocket plus loans.
$18,845
Similar schools: $20,499
Median earnings (10 yrs)iMedian earnings of students 10 years after they started college, among those working and not enrolled in further schooling.
$27,387
Similar schools: $32,752
Median debt at graduationiMedian federal student-loan balance carried by students who graduated. Doesn't include Parent PLUS or private loans.
$6,995
Similar schools: $9,498

What the data shows about Formations Institute

Comparisons below use the medians for the 1,749 private for-profit schools that mostly award certificates in the College Scorecard. Its average net price is $18,845 a year, lower than the $20,499 median for similar schools. Ten years after enrolling, former students who are working earn a median of $27,387, lower than the $32,752 median for similar schools. Graduates leave with a median of $6,995 in federal student loans (similar-school median: $9,498).