Does this school offer significant financial aid?

Yes, 71.2% of students receive Pell Grants.

How much do graduates in the cosmetology program typically earn?

Reported median earnings two years after completion for the cosmetology certificate are $15,023.

What is the completion rate for students here?

The completion rate is reported at 58.1%.

How many students are currently enrolled?

There are 39 students enrolled at the school.

Is this a public or private institution?

It is a private for-profit school.

Home › Oklahoma › Cosmetology schools › Formations Institute

Formations Institute

Enid, Oklahoma · private for-profit · mainly awards certificates · 39 students · CosmetologyBarbering

Avg net price / yr

$24,213

cheaper than 12% of comparable schools

Completion rate

58.1%

Median debt at completion

not reported

Median earnings (10 yrs after entry)

$22,058

earns ~$911 per $1k of yearly net price

About

Formations Institute is a private for-profit school in Enid, OK, that mainly awards certificates in cosmetology and related personal grooming services. With 39 enrolled students, it serves individuals seeking short-term training in personal care fields.

What to know

The average annual net price after aid is $24,213, while 71.2% of students receive Pell Grants. Only 58.1% of students complete their program, and median earnings 10 years after entry are reported at $22,058. For the cosmetology certificate, typical earnings two years after completion are $15,023.

Net price is 123% above the Oklahoma median ($10,881) for schools offering these programs. Reported median earnings are 22% below the national median ($28,378) for comparable schools.

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Programs & what graduates earn

Program	Credential	Median earnings 2 yrs after completion
Cosmetology and Related Personal Grooming Services	undergraduate certificate	$15,023

Questions students ask

Does this school offer significant financial aid?: Yes, 71.2% of students receive Pell Grants.
How much do graduates in the cosmetology program typically earn?: Reported median earnings two years after completion for the cosmetology certificate are $15,023.
What is the completion rate for students here?: The completion rate is reported at 58.1%.
How many students are currently enrolled?: There are 39 students enrolled at the school.
Is this a public or private institution?: It is a private for-profit school.

Other options in Oklahoma

School	City	Net price / yr	Completion	Earnings (10 yr)
Pontotoc Technology Center	Ada	$3,164	82.4%	$40,955
Central Oklahoma College	Oklahoma City	not reported	59.2%	$21,213
Eves College of Hairstyling	Lawton	$16,181	59%	$15,956
Jenks Beauty College	Jenks	$13,821	79.7%	$21,406
Southern School of Beauty Inc	Durant	$3,640	87.8%	$9,656
Formations Institute of Cosmetology & Barbering	Woodward	$16,085	56.7%	$17,260

Data: U.S. Department of Education College Scorecard (most recent release, pulled July 2026), school ID 207087. Figures are federally reported medians and may lag current prices. "Not reported" means the federal dataset suppresses or lacks the value — often due to small cohort sizes. How we compute comparisons. This site is independent and not affiliated with any government agency or school.