Musicians Institute

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2017 Undergraduate Tuition

$23,985

0% growth from 2016

2017 Average Net Price

$36,165

After Financial Aid

2016 Student Loan

7.64%

Default Rate

2017 Acceptance Rate

80%

456 Applicants

2017 Enrolled Students

990

76.1% Full-Time

2017 Graduation Rate

80%

8 Graduates

About

Musicians Institute is a higher education institution located in Los Angeles County, CA. In 2016, the most popular Bachelor's Degree concentrations at Musicians Institute were General Music Performance (8 degrees awarded) and Music Theory & Composition (3 degrees).

In 2017, 478 degrees were awarded across all undergraduate and graduate programs at Musicians Institute. 21.8% of these degrees were awarded to women, and 78.2% awarded men. The majority of degree recipients were white (119 degrees), 1.92 times more than then the next closest race/ethnicity group, hispanic or latino (62 degrees).

The median undergraduate tuition at Musicians Institute is $23,985, which is $9,985 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at Musicians Institute is $23,985, which is $9,985 more than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $36,165.

In 2017, 32% of undergraduate students received federal grants, while 30% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$23,985

2017 Undergraduate Tuition

In 2017, the cost of tuition at Musicians Institute was $23,985. The cost of tuition at Musicians Institute is $9,985 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

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Average Net Price

$36,165

2017 Value

3.42%

1 Year Growth

In 2017 Musicians Institute had an average net price — the price paid after factoring in grants and loans — of $36,165. Between 2016 and 2017, the average net price of Musicians Institute grew by 3.42%.

This chart compares the average net price of Musicians Institute (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$10,535

Room and Board

$1,791

Books and Supplies

The average yearly cost of room and board at Musicians Institute was of $10,535 in 2017. During the same period, the average yearly cost of books and supplies was $1,791. The cost of room and board decreased by 8.34% between 2016 and 2017. The cost of books and supplies increased by 2.58% during the same period.

This chart compares the average student costs at Musicians Institute (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

32%

Of Undergraduates Receive Grants

30%

Of Undergraduates Receive Federal Loans

32% of undergraduate students at Musicians Institute received grants or loans in 2017. This represents a decline of 5.88% with respect to 2016, when 34% of undergraduate students received financial aid.

This chart compares the average award discount at Musicians Institute (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

7.64%

2016 Default Rate

33

Number of Defaults

In 2016 the default rate for borrower's at Musicians Institute was 7.64%, which represents 33 out of the 432 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Musicians Institute received 456 undergraduate applications in 2017, which represents a 7.29% annual growth. Out of those 456 applicants, 365 students were accepted for enrollment, representing a 80% acceptance rate.

There were 990 students enrolled at Musicians Institute in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Musicians Institute has an overall enrollment yield of 57.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80%

Acceptance Rate in 2017

365

Accepted Out of 456

In 2017, the undergraduate acceptance rate of Musicians Institute was 80% (365 admissions from 456 applications). This is lower than the acceptance rate of 2016, which was 80.5%. Between 2016 and 2017, the number of applicants grew by 7.29%, while admissions grew by 6.73%.

This chart compares the acceptance rate of Musicians Institute (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Musicians Institute in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Musicians Institute has a total enrollment of 990 students. The full-time enrollment at Musicians Institute is 753 students and the part-time enrollment is 237. This means that 76.1% of students enrolled at Musicians Institute are enrolled full-time.

The enrolled student population at Musicians Institute, both undergraduate and graduate, is 24% White, 10.3% Hispanic or Latino, 6.87% Black or African American, 5.45% Asian, 5.25% Two or More Races, 0.505% Native Hawaiian or Other Pacific Islanders, and 0.404% American Indian or Alaska Native.

Students enrolled at Musicians Institute in full-time Undergraduate programs are majority White Male (19.7%), followed by Hispanic or Latino Male (8.1%) and Black or African American Male (5.31%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

76.1%

Full-Time Enrollment

The total enrollment at Musicians Institute, both undergraduate and graduate, is 990 students. The full-time enrollment at Musicians Institute is 753 and the part-time enrollment is 237. This means that 76.1% of students enrolled at Musicians Institute are enrolled full-time compared with 71.1% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Musicians Institute (in red) compares to similar universities.

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Retention Rate over Time

63%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Musicians Institute was 63%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Musicians Institute had a retention rate lower than its peers.

This chart shows the retention rate over time at Musicians Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    238

  2. Hispanic or Latino

    102

  3. Black or African American

    68

The enrolled student population at Musicians Institute is 24% White, 10.3% Hispanic or Latino, 6.87% Black or African American, 5.45% Asian, 5.25% Two or More Races, 0.505% Native Hawaiian or Other Pacific Islanders, and 0.404% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.7% White, 15.6% Hispanic or Latino, and 15.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 71 students (7.17%) did not report their race.

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Graduates

In 2017, 270 fewer women than men received degrees from Musicians Institute. The majority of degree recipients at Musicians Institute are white (119 degrees awarded). There were 1.92 times more white graduates than the next closest race/ethnicity group, hispanic or latino (62 degrees).

The most common Bachelor's Degree concentration at Musicians Institute is General Music Performance (8 degrees awarded), followed by Music Theory & Composition (3 degrees) and N/A.

The most specialized majors across all degree types at Musicians Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (159 degrees awarded), Visual & Performing Arts (287 degrees), and Mechanical Technologies (32 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Musicians Institute are Elementary & middle school teachers (98,020 people), Graphic designers (95,459 people), Other managers (74,308 people), Other designers (58,360 people), and Postsecondary teachers (56,513 people).

The most specialized majors at Musicians Institute are Communication Technologies (159 degrees awarded), Visual & Performing Arts (287 degrees), and Mechanical Technologies (32 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Musicians Institute are Physicians, Nurse anesthetists, Chief executives & legislators, Broadcast announcers and radio disc jockeys, and General & operations managers

The most specialized majors at Musicians Institute are Communication Technologies (159 degrees awarded), Visual & Performing Arts (287 degrees), and Mechanical Technologies (32 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Musicians Institute are Elementary & secondary schools (168,091 people), Colleges, universities & professional schools, including junior colleges (113,252 people), Computer Systems Design (66,126 people), Specialized design services (64,190 people), and Restaurants & Food Services (57,996 people).

The most specialized majors at Musicians Institute are Communication Technologies (159 degrees awarded), Visual & Performing Arts (287 degrees), and Mechanical Technologies (32 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Musicians Institute.

Most Common

  1. 8 degrees awarded

  2. 3 degrees awarded

  3. N/A

    N/A degrees awarded

In 2017, the most common bachelors degree concentration at Musicians Institute was General Music Performance with 8 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Musicians Institute according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 374

  2. 104

In 2017, 374 degrees were awarded to men at Musicians Institute, which is 3.6 times more than the number of degrees awarded to females (104).

This chart displays the gender disparity between the top 5 majors at Musicians Institute by degrees awarded.

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Most Common Male Majors

In 2017, 195 degrees were awarded to men at Musicians Institute in General Music Performance, which is 3.48 times more than the 56 female recipients with that same degree.

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Most Common Female Majors

In 2017, 56 degrees were awarded to women at Musicians Institute in General Music Performance, which is 0.287 times less than the 195 male recipients with that same degree.

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Time to Complete

63%

100% Completion Time

63%

150% Completion Time

In 2017, 63% of students graduating from Musicians Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 68% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Musicians Institute is Male and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (68.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    119 degrees awarded

  2. Hispanic or Latino

    62 degrees awarded

  3. Two or More Races

    31 degrees awarded

The most common race/ethnicity at Musicians Institute is white (119 degrees awarded). There were 1.92 times more white recipients than the next closest race/ethnicity group, hispanic or latino (62 degrees).

5.86% of degree recipients (28 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    102 degrees awarded

  2. Hispanic or Latino Male

    55 degrees awarded

  3. Two or More Races Male

    28 degrees awarded

The most common race/ethnicity and gender grouping at Musicians Institute is white male (102 degrees awarded). There were 1.85 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (55 degrees).

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Operations

Musicians Institute has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $0 (N/A%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Musicians Institute had a total salary expenditure of $27.3M. Musicians Institute employs 63 Instructors, 0 N/A, and 0 N/A. Most academics at Musicians Institute are Male Instructors (50), Female Instructors(13), and N/A (0).

The most common positions for non-instructional staff at Musicians Institute are: Management, with 26 employees, Sales and related, with 10 employees, and Service with 10 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

Musicians Institute has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of Musicians Institute stayed 0% from the previous year. The value of their endowment was $N/A approximately the same as than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Musicians Institute (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Arts, Music & Design Schools Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Musicians Institute received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$11M

2017 Salaries

7.57%

decline from 2016

In 2017, Musicians Institute paid a median of $11M in salaries, which represents 40.2% of their overall expenditure ($27.3M) and a 7.57% decline from the previous year. This is compared to a 18.9% decline from 2015 and a 8.94% decline from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

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Instructional Salaries

$2.46M

Instructional Salaries

63

Number of Employees

In 2017, Musicians Institute paid a total of $2.46M to 63 employees working as instructors, which represents 22.4% of all salaries paid.

This is compared to a median of $1.02M (18.6%) for similar Special Focus Four-Year: Arts, Music & Design Schools.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

63 Employees

Management

Most Common Non-Instructional Employee

26 Employees

In 2017, the most common positions for instructional staff at Musicians Institute were Instructor with 63 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Musicians Institute were Management with 26 employees; Sales and related with 10 employees; and Service with 10 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Instructor

  2. Female Instructor

  3. false

In 2017, the most common demographic for instructional staff at Musicians Institute was Male Instructor with 50 employees, Female Instructor with 13 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Musicians Institute.

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