American Academy of Art

www.aaart.edu

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2021 Undergraduate Tuition

$35,800

2.87% growth from 2020

2021 Average Net Price

$22,406

After Financial Aid

2019 Student Loan

1.96%

Default Rate

2021 Enrolled Students

145

77.2% Full-Time

2021 Graduation Rate

56.9%

33 Graduates

About

American Academy of Art is a higher education institution located in Cook County, IL. In 2021, the most popular Bachelors Degree concentrations at American Academy of Art were Illustration (13 degrees awarded), Painting (7 degrees), and Commercial & Advertising Art (6 degrees).

In 2021, 34 degrees were awarded across all undergraduate and graduate programs at American Academy of Art. 76.5% of these degrees were awarded to women, and 23.5% awarded men. The most common race/ethnicity group of degree recipients was white (19 degrees), 1.9 times more than then the next closest race/ethnicity group, hispanic or latino (10 degrees).

The median undergraduate tuition at American Academy of Art is $35,800, which is $21,300 more than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Arts, Music & Design Schools Special Focus Institutions

Costs

In 2021, the median undergraduate tuition at American Academy of Art is $35,800, which is $21,300 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $22,406.

In 2021, 60% of undergraduate students attending American Academy of Art received financial aid through grants. Comparatively, 80% of undergraduate students received financial aid through loans.

Tuition Costs

$35,800

2021 Undergraduate Tuition

In 2021, the cost of tuition at American Academy of Art was $35,800. The cost of tuition at American Academy of Art is $21,300 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

This chart compares the tuition costs of American Academy of Art (in red) with those of other similar universities.

Average Net Price

$22,406

2021 Value

21.7%

1 Year Growth

In 2021 American Academy of Art had an average net price — the price paid after factoring in grants and loans — of $22,406. Between 2020 and 2021, the average net price of American Academy of Art grew by 21.7%.

This chart compares the average net price of American Academy of Art (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.

Other Student Expenses

$6,354

Room and Board

$1,600

Books and Supplies

The average yearly cost of room and board at American Academy of Art was of $6,354 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,600. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at American Academy of Art (in red) with that of similar universities.

Financial Aid by Income Level

60%

Undergraduates Receiving Financial Aid through Grants

80%

Undergraduates Receiving Financial Aid through Loans

60% of undergraduate students at American Academy of Art received financial aid through grants or loans in 2021. This represents a decline of 37.5% with respect to 2020, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at American Academy of Art (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.

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.

1.96%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at American Academy of Art was 1.96%, which represents 2 out of the 102 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.

Enrollment

American Academy of Art had a total enrollment of 145 students in 2021. The full-time enrollment at American Academy of Art is 112 students and the part-time enrollment is 33. This means that 77.2% of students enrolled at American Academy of Art are enrolled full-time.

The enrolled student population at American Academy of Art, both undergraduate and graduate, is 44.1% White, 36.6% Hispanic or Latino, 11.7% Black or African American, 3.45% Asian, 3.45% Two or More Races, and 0.69% American Indian or Alaska Native.

Students enrolled at American Academy of Art in full-time Undergraduate programs are most commonly White Female (33%), followed by Hispanic or Latino Female (23.2%) and White Male (12.5%).

Full-Time vs Part-Time Enrollment

77.2%

Full-Time Enrollment

The total enrollment at American Academy of Art in 2021, both undergraduate and graduate, is 145 students. The full-time enrollment at American Academy of Art is 112 and the part-time enrollment is 33. This means that 77.2% of students enrolled at American Academy of Art are enrolled full-time compared with 69.7% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at American Academy of Art (in red) compares to similar universities.

Retention Rate over Time

70%

2021 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 American Academy of Art was 70%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), American Academy of Art had a retention rate higher than its peers.

This chart shows the retention rate over time at American Academy of Art (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
64 enrolled students
Hispanic or Latino
53 enrolled students
Black or African American
17 enrolled students

The enrolled student population at American Academy of Art is 44.1% White, 36.6% Hispanic or Latino, 11.7% Black or African American, 3.45% Asian, 3.45% Two or More Races, and 0.69% 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 43.6% White, 18.4% Hispanic or Latino, and 14% Black or African American.

Graduates

In 2021, 18 more women than men received degrees from American Academy of Art. The most common race/ethnicity group of degree recipients at American Academy of Art is white (19 degrees awarded). There were 1.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (10 degrees).

The most common Bachelor's Degree concentration at American Academy of Art is Illustration (13 degrees awarded), followed by Painting (7 degrees) and Commercial & Advertising Art (6 degrees).

In 2021, the most specialized majors across all degree types at American Academy of Art, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (33 degrees awarded), Communication Technologies (1 degrees), and Computer and Information Sciences and Support Services (0 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at American Academy of Art are Software developers (502,099 people), Other managers (166,641 people), Computer occupations, all other (121,772 people), Computer & information systems managers (113,089 people), and Computer programmers (103,493 people).

The most specialized majors at American Academy of Art in 2021 are Visual & Performing Arts (33 degrees awarded), Communication Technologies (1 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2021).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at American Academy of Art are Physicians, Cardiovascular technologists and technicians, Architectural & engineering managers, Surgeons, and Magnetic resonance imaging technologists

The most specialized majors at American Academy of Art are Visual & Performing Arts (33 degrees awarded), Communication Technologies (1 degrees), and Computer and Information Sciences and Support Services (0 degrees) (as of 2021).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at American Academy of Art are Computer Systems Design (581,853 people), Elementary & secondary schools (225,995 people), Colleges, universities & professional schools, including junior colleges (194,698 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (98,584 people), and Management, scientific & technical consulting services (96,754 people).

Majors Awarded

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

Most Common (2021)

Illustration
13 degrees awarded
Painting
7 degrees awarded
Commercial & Advertising Art
6 degrees awarded

In 2021, the most common bachelors degree concentration at American Academy of Art was Illustration with 13 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at American Academy of Art according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 8 degrees were awarded to men at American Academy of Art, which is 0.308 times less than the number of degrees awarded to females (26).

This chart displays the sex disparity between the top 5 majors at American Academy of Art by degrees awarded.

Most Common Male Majors

In 2021, 4 degrees were awarded to men at American Academy of Art in Commercial & Advertising Art, which is 2 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2021, 11 degrees were awarded to men at American Academy of Art in Illustration, which is 5.5 times more than the 2 male recipients with that same degree.

Time to Complete

32%

100% Completion Time

53%

150% Completion Time

In 2021, 32% of students graduating from American Academy of Art completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 53% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at American Academy of Art is Male and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
19 degrees awarded
Hispanic or Latino
10 degrees awarded
Black or African American
3 degrees awarded

The most common race/ethnicity at American Academy of Art is white (19 degrees awarded). There were 1.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (10 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
15 degrees awarded
Hispanic or Latino Female
7 degrees awarded
White Male
4 degrees awarded

The most common race/ethnicity and sex grouping at American Academy of Art is white female (15 degrees awarded). There were 2.14 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (7 degrees).

Operations

American Academy of Art employs 18 Instructors. Most academics at American Academy of Art are Male Instructor (11), and Female Instructor (7).

The most common positions for non-instructional staff at American Academy of Art are: Management, with 8 employees, Sales and related, with 7 employees, and Office and Administrative Support with 7 employees.

Salary Expenditure

$2.44M

2021 Salaries

12.4%

decline from 2020

In 2021, American Academy of Art paid a median of $2.44M in salaries, a 12.4% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$883k

Instructional Salaries

Number of Employees

In 2021, American Academy of Art paid a total of $883k to 18 employees working as instructors, which represents 36.2% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Instructor

Most Common Instructor

18 Employees

Management

Most Common Non-Instructional Employee

8 Employees

In 2021, the most common positions for instructional staff at American Academy of Art was Instructor with 18 employees.

In 2021, the most common positions for non-instructional staff at American Academy of Art were Management with 8 employees, Sales and related with 7 employees, and Office and Administrative Support with 7 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Instructor
Female Instructor

In 2021, the most common demographic for instructional staff at American Academy of Art was Male Instructor with 11 employees, and Female Instructor with 7 employees.

This chart shows the sex split between each academic rank present at American Academy of Art.