Career Training Path

Career Training PathOklahoma › Formations Institute

Formations Institute

Enid, Oklahoma · Private for-profit career college

Cosmetology schoolsBarber schoolsEsthetician schools
64%completion rate · Oklahoma avg 69%
not reportedmedian debt of graduates
$18,719median earnings, 6 yrs after entry
$22,058median earnings, 10 yrs after entry
$27,800annual cost of attendance
Yesfederal aid (FAFSA / Pell) eligible
Accreditation: National Accrediting Commission of Career Arts and Sciences (Accredited)
Address: 3905 S. La Mesa Drive, Enid, OK 73703 · Phone: (580) 237-6677 · School website ↗ · Verify on College Scorecard ↗
Accountability record (federal accreditation database, last 36 months; Department of Education oversight)
No accreditor sanctions in the last 36 months
Sanctions are probation, warning, show-cause and loss-of-accreditation actions by any recognized accreditor, including program-specific accreditors (a nursing-program probation counts for the campus). Routine monitoring reviews and voluntary withdrawals are not counted. Ask the school what the action concerned and how it was resolved.

Formations Institute is a private for-profit trade school in Enid, Oklahoma offering cosmetology, barber, and esthetician programs, accredited by NACCAS.

Formations Institute has a 64.3% completion rate, near the state average of 69.1%, and graduates earn a median of $22,058 ten years after entry, per the U.S. Department of Education College Scorecard.

Annual cost of attendance at Formations Institute is $27,800, federal financial aid can be used here, and 71.2% of students receive Pell Grants.

Completion rate vs. benchmarks
Formations Institute Formations Institute: 64.3% 64.3% Oklahoma average Oklahoma average: 69.1% 69.1% National average National average: 62.1% 62.1%

What these trades pay once you're working

OccupationStarting (10th pct)MedianExperienced (75th)
Hairdressers, hairstylists and cosmetologists$18,980$29,650$44,260
Barbers$29,340$34,860$35,370
Skincare specialists$22,140$37,340$52,420

U.S. Bureau of Labor Statistics wages for everyone employed in the occupation in Oklahoma (May 2025; national where the state figure is not published). The program table below shows what this campus's own graduates earned in their first year, whatever job they took.

Trade programs at this campus

ProgramCredentialGrads / yrEarnings, yr 1Earnings, yr 2Median debt
Cosmetology and Related Personal Grooming Services Certificate, 1–2 years 12 $11,471 $15,023 $8,975
Cosmetology and Related Personal Grooming Services Certificate, 1–2 years 3 $11,471 $15,023 $8,975
Cosmetology and Related Personal Grooming Services Certificate, 300–899 hours 3 $11,471 $15,023 $8,975
Cosmetology and Related Personal Grooming Services Certificate, 1–2 years 1 $11,471 $15,023 $8,975

Earnings are median wages and self-employment income reported to the IRS (W-2 and Schedule SE) for graduates who received federal aid and were working and not enrolled, measured in the calendar year after finishing. They are pay only: health insurance, retirement contributions and other benefits are not included.

Graduates per year from the Integrated Postsecondary Education Data System (IPEDS) 2022-23 Completions survey. Earnings and debt are College Scorecard field-of-study medians for graduates of this program at this campus (reported at the 4-digit program level, so closely related programs share a figure); "not reported" means too few graduates were counted to publish a figure.

Visit the school's website ↗

The Path
Lineworkers earn $95k. Dental hygienists $98k. Barbers $38k.
The federal numbers on every trade, technical and healthcare career, in a free weekly newsletter.
Subscribe →

About this school

Formations Institute is a private for-profit trade school in Enid, Oklahoma, accredited by the National Accrediting Commission of Career Arts and Sciences. Federal financial aid, including FAFSA and Pell Grants, can be used by eligible students at this campus. The school's programs fall under cosmetology, barber, and esthetician training, with cosmetology schools (13 completers), barber schools (3), and esthetician schools (3) making up its top program areas among four total programs offered.

Federal data show a completion rate of 64.3%, which is near the state average of 69.1% for similar programs. Median earnings 10 years after entry are reported at $22,058. The annual cost of attendance is listed at $27,800. A large share of students, 71.2%, receive Pell Grants, indicating the student population includes many from lower-income backgrounds. Median debt of graduates is not reported for this campus in federal data.

This campus, located in a small city setting, appears geared toward students pursuing shorter, hands-on programs in personal care fields such as cosmetology, barbering, and esthetics rather than longer associate degree tracks. Whether this fits an adult career-changer depends on individual circumstances and program length details, which are not fully specified here beyond program family. Prospective students should verify current accreditation status and review detailed outcomes directly through the U.S. Department of Education's College Scorecard, and contact the school directly for specifics on scheduling, licensing requirements, and enrollment.

Questions students ask

What trade and career programs does this campus offer?

Formations Institute offers cosmetology, barber, and esthetician programs, with cosmetology schools accounting for the largest share of completers (13), followed by barber schools (3) and esthetician schools (3).

Is this school accredited, and by whom?

Yes, Formations Institute is accredited by the National Accrediting Commission of Career Arts and Sciences (NACCAS), and its accreditation status is listed as accredited.

Can I use federal financial aid (FAFSA, Pell Grants) at this school?

Yes, this school participates in Title IV federal financial aid programs, so students can use FAFSA and Pell Grants if eligible.

What share of students finish their program here, and how does that compare to the state?

The completion rate is 64.3%, which is near the state average of 69.1% for similar programs.

How much debt do graduates of this school typically carry?

Median debt of graduates is not reported for this campus in federal data. Contact the school at (580) 237-6677 or check the College Scorecard for more detail.

What do graduates of this school earn?

Median earnings 10 years after entry are reported at $22,058, per the U.S. Department of Education College Scorecard.

How much does it cost to attend for a year?

The reported annual cost of attendance is $27,800.

Is this a public, non-profit, or for-profit school, and why does that matter?

Formations Institute is a private for-profit school, which can affect tuition costs, financial aid options, and accreditation oversight compared to public or non-profit institutions.

How long do the programs here take to complete?

Program length is not reported in the available federal data; contact the school directly at (580) 237-6677 or via its website for specific program durations.

How do I verify this school's accreditation and outcomes myself?

You can verify accreditation through NACCAS and review federal outcome data on the U.S. Department of Education's College Scorecard at https://collegescorecard.ed.gov/school/?207087.

Is this school a good fit for an adult changing careers?

The data does not specify program length or schedule flexibility, so fit for adult career-changers cannot be confirmed from federal data alone; contact the school to discuss options.

What license or certification will I need after finishing a program here?

Licensing requirements for cosmetology, barber, and esthetician fields vary by state; this is not detailed in the federal data provided, so check with Oklahoma's licensing board or the school directly.

How do I contact the school or apply?

You can reach Formations Institute by phone at (580) 237-6677 or visit its website at https://www.formationsinstitute.edu/ for application details.

How does this campus compare with other schools offering the same trade nearby?

Federal data does not provide direct comparisons with nearby schools; prospective students can use the College Scorecard to compare completion rates, costs, and earnings across similar programs in the area.

Data: Integrated Postsecondary Education Data System (IPEDS) 2022-23 Completions survey; College Scorecard June 2026; Database of Accredited Postsecondary Institutions and Programs (DAPIP), September 2026. Figures are the U.S. Department of Education's official measures, not Career Training Path's opinion. Tuition, schedules and program availability change — confirm with the school before enrolling.

The Path
Nine months to a paycheck that AI can't take.
A free weekly newsletter for people choosing a hands-on career: trades, technical and healthcare.
Subscribe →