Career Training Path › Oklahoma › Formations Institute of Cosmetology & Barbering
Formations Institute of Cosmetology & Barbering
Woodward, Oklahoma · Private for-profit career college · Training programs available:
Address: 502 Texas Ave, Woodward, OK 73801 · Phone: (580) 216-4025 · School website ↗ · Verify on College Scorecard ↗
No accreditor sanctions in the last 36 months
Formations Institute of Cosmetology & Barbering is a private for-profit trade school in Woodward, Oklahoma offering cosmetology and barber programs, accredited by NACCAS.
Per the U.S. Department of Education College Scorecard, this campus has a 47.4% completion rate versus a 69.1% state average, with graduates earning a median of $17,260 ten years after entry. Median graduate debt is not reported.
Annual cost of attendance at Formations Institute of Cosmetology & Barbering is reported at $21,785, and the school accepts federal financial aid including FAFSA and Pell Grants, with 62.5% of students receiving Pell.
What these trades pay once you're working
| Occupation | Starting (10th pct) | Median | Experienced (75th) |
|---|---|---|---|
| Hairdressers, hairstylists and cosmetologists | $18,980 | $29,650 | $44,260 |
| Barbers | $29,340 | $34,860 | $35,370 |
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
| Program | Credential | Grads / yr | Earnings, yr 1 | Earnings, yr 2 | Median debt |
|---|---|---|---|---|---|
| Cosmetology and Related Personal Grooming Services | Certificate, 1–2 years | 12 | not reported | not reported | not reported |
| Cosmetology and Related Personal Grooming Services | Certificate, 1–2 years | 9 | not reported | not reported | not reported |
| Cosmetology and Related Personal Grooming Services | Certificate, 300–899 hours | 8 | not reported | not reported | not reported |
| Cosmetology and Related Personal Grooming Services | Certificate, 1–2 years | 5 | not reported | not reported | not reported |
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.
About this school
Formations Institute of Cosmetology & Barbering is a private for-profit trade school located in Woodward, Oklahoma, a remote town setting. The campus is accredited by the National Accrediting Commission of Career Arts and Sciences and participates in federal Title IV financial aid programs, meaning students may use FAFSA, Pell Grants, and federal loans to help pay for their education. The school's most awarded programs are cosmetology (22 completers) and barbering (12 completers), across four program offerings total.
Federal data shows a completion rate of 47.4%, which is below the Oklahoma state average of 69.1%. Median earnings for graduates 10 years after entry are reported at $17,260. Annual cost of attendance is listed at $21,785, and 62.5% of students receive Pell Grants, indicating a large share of the student body qualifies for need-based federal aid. Median debt of graduates is not reported for this campus in federal data.
This campus may suit students pursuing focused, hands-on training in cosmetology or barbering rather than a broad academic degree; specific program lengths are not reported in federal data, so applicants weighing career-change timelines should confirm scheduling directly with the school. Before enrolling, prospective students should verify accreditation status directly with NACCAS and review the school's current outcomes on the U.S. Department of Education's College Scorecard, since completion and earnings figures shown here reflect only reported federal data and can change year to year.
Questions students ask
What trade and career programs does this campus offer?
Formations Institute of Cosmetology & Barbering offers cosmetology and barber programs, with cosmetology (22 completers) and barbering (12 completers) as the top programs among four total offerings.
Is this school accredited, and by whom?
Yes, the school 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 campus participates in Title IV federal financial aid programs, so students can use FAFSA and Pell Grants to help cover costs.
What share of students finish their program here, and how does that compare to the state?
The completion rate is 47.4%, which is below the Oklahoma state average of 69.1%, per federal data.
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 directly at (580) 216-4025 for more detail.
What do graduates of this school earn?
Median earnings for graduates 10 years after entry are reported at $17,260, per the U.S. Department of Education College Scorecard.
How much does it cost to attend for a year?
The annual cost of attendance is reported at $21,785.
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 pricing, ownership structure, and how the school is regulated compared to public or non-profit institutions.
How long do the programs here take to complete?
Program lengths are not reported for this campus in federal data; contact the school at (580) 216-4025 or visit its website to confirm schedules.
How do I verify this school's accreditation and outcomes myself?
You can verify accreditation through NACCAS and review federal outcome data on the College Scorecard at https://collegescorecard.ed.gov/school/?208044.
Is this school a good fit for an adult changing careers?
The school offers focused cosmetology and barbering training rather than broad academic degrees, though specific scheduling and program length details are not reported in federal data, so career changers should confirm fit directly with the school.
What license or certification will I need after finishing a program here?
Licensing requirements for cosmetology and barbering are set by the state of Oklahoma and are not detailed in federal data; contact the school for guidance on state licensing exams.
How do I contact the school or apply?
You can reach Formations Institute of Cosmetology & Barbering at (580) 216-4025 or through its website, https://formationsinstitute.edu/.
How does this campus compare with other schools offering the same trade nearby?
Federal data does not provide a direct nearby comparison for this campus; prospective students can use the College Scorecard to compare completion rates, costs, and earnings across similar schools.
Nearby trade and career schools in Oklahoma
- High Plains Technology CenterWoodward, OK · 80% completion
- Central Technology Center- High Plains, WoodwardWoodward, OK
- Tulsa Technology CenterTulsa, OK · 81% completion
- Indian Capital Technology Center-MuskogeeMuskogee, OK · 100% completion
- Francis Tuttle Technology CenterOklahoma City, OK · 52% completion
- Central Technology CenterDrumright, OK · 85% completion
- Northeast Technology CenterPryor, OK · 97% completion
- Kiamichi Technology Center-McAlesterMcAlester, OK · 45% completion
See all trade and career schools in Oklahoma or search by ZIP code.
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.