Cleveland Institute of Music

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2017 Undergraduate Tuition

$47,200

0% growth from 2016

2017 Average Net Price

$40,676

After Financial Aid

2016 Student Loan

1.08%

Default Rate

2017 Acceptance Rate

43.1%

490 Applicants

2017 Enrolled Students

393

99.5% Full-Time

2017 Graduation Rate

53.1%

34 Graduates

About

Cleveland Institute of Music is a higher education institution located in Cuyahoga County, OH. In 2016, the most popular Bachelor's Degree concentrations at Cleveland Institute of Music were General Music Performance (55 degrees awarded), Music Theory & Composition (0 degrees), and Other Music (0 degrees).

In 2017, 139 degrees were awarded across all undergraduate and graduate programs at Cleveland Institute of Music. 56.1% of these degrees were awarded to women, and 43.9% awarded men. The majority of degree recipients were unknown (54 degrees), 1.64 times more than then the next closest race/ethnicity group, white (33 degrees).

The median undergraduate tuition at Cleveland Institute of Music is $47,200, which is $33,200 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at Cleveland Institute of Music is $47,200, which is $33,200 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 $40,676.

In 2017, 100% of undergraduate students received federal grants, while 38% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,200

2017 Undergraduate Tuition

In 2017, the cost of tuition at Cleveland Institute of Music was $47,200. The cost of tuition at Cleveland Institute of Music is $33,200 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

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Average Net Price

$40,676

2017 Value

11.3%

1 Year Growth

In 2017 Cleveland Institute of Music had an average net price — the price paid after factoring in grants and loans — of $40,676. Between 2016 and 2017, the average net price of Cleveland Institute of Music grew by 11.3%.

This chart compares the average net price of Cleveland Institute of Music (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

$11,579

Room and Board

$600

Books and Supplies

The average yearly cost of room and board at Cleveland Institute of Music was of $11,579 in 2017. During the same period, the average yearly cost of books and supplies was $600. The cost of room and board increased by 2.17% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

100%

Of Undergraduates Receive Grants

38%

Of Undergraduates Receive Federal Loans

100% of undergraduate students at Cleveland Institute of Music received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Cleveland Institute of Music (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.

1.08%

2016 Default Rate

1

Number of Defaults

In 2016 the default rate for borrower's at Cleveland Institute of Music was 1.08%, which represents 1 out of the 93 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

Cleveland Institute of Music received 490 undergraduate applications in 2017, which represents a 1.45% annual growth. Out of those 490 applicants, 211 students were accepted for enrollment, representing a 43.1% acceptance rate.

There were 393 students enrolled at Cleveland Institute of Music in 2017, and N/A% of first-time enrollees submitted SAT scores with their applications.

Cleveland Institute of Music has an overall enrollment yield of 27.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

43.1%

Acceptance Rate in 2017

211

Accepted Out of 490

In 2017, the undergraduate acceptance rate of Cleveland Institute of Music was 43.1% (211 admissions from 490 applications). This is lower than the acceptance rate of 2016, which was 48.4%. Between 2016 and 2017, the number of applicants grew by 1.45%, while admissions declined by -9.83%.

This chart compares the acceptance rate of Cleveland Institute of Music (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 Cleveland Institute of Music 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

Cleveland Institute of Music has a total enrollment of 393 students. The full-time enrollment at Cleveland Institute of Music is 391 students and the part-time enrollment is 2. This means that 99.5% of students enrolled at Cleveland Institute of Music are enrolled full-time.

The enrolled student population at Cleveland Institute of Music, both undergraduate and graduate, is 34.4% White, 10.2% Asian, 1.27% Black or African American, 0.509% American Indian or Alaska Native, 0.254% Native Hawaiian or Other Pacific Islanders, 0.254% Two or More Races, and 0% Hispanic or Latino.

Students enrolled at Cleveland Institute of Music in full-time Undergraduate programs are majority White Male (17%), followed by White Female (15.1%) and Asian Female (4.25%). Students enrolled in full-time Graduate programs are majority White Male (21.8%), followed by White Female (15.6%) and Asian Female (7.26%).

Full-Time vs Part-Time Enrollment

99.5%

Full-Time Enrollment

The total enrollment at Cleveland Institute of Music, both undergraduate and graduate, is 393 students. The full-time enrollment at Cleveland Institute of Music is 391 and the part-time enrollment is 2. This means that 99.5% of students enrolled at Cleveland Institute of Music 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 Cleveland Institute of Music (in red) compares to similar universities.

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Retention Rate over Time

90%

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 Cleveland Institute of Music was 90%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Cleveland Institute of Music had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    135

  2. Asian

    40

  3. Black or African American

    5

The enrolled student population at Cleveland Institute of Music is 34.4% White, 10.2% Asian, 1.27% Black or African American, 0.509% American Indian or Alaska Native, 0.254% Native Hawaiian or Other Pacific Islanders, 0.254% Two or More Races, and 0% Hispanic or Latino. 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, 80 students (20.4%) did not report their race.

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Graduates

In 2017, 17 more women than men received degrees from Cleveland Institute of Music. The majority of degree recipients at Cleveland Institute of Music are unknown (54 degrees awarded). There were 1.64 times more unknown graduates than the next closest race/ethnicity group, white (33 degrees).

The most common Bachelor's Degree concentration at Cleveland Institute of Music is General Music Performance (55 degrees awarded), followed by Music Theory & Composition (0 degrees) and Other Music (0 degrees).

The most specialized majors across all degree types at Cleveland Institute of Music, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (139 degrees awarded).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Cleveland Institute of Music are Elementary & middle school teachers (97,016 people), Graphic designers (91,073 people), Other managers (69,024 people), Other designers (57,300 people), and Postsecondary teachers (55,507 people).

The most specialized majors at Cleveland Institute of Music are Visual & Performing Arts (139 degrees awarded).

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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 Cleveland Institute of Music are Physicians, Nurse anesthetists, Chief executives & legislators, Broadcast announcers and radio disc jockeys, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Cleveland Institute of Music are Visual & Performing Arts (139 degrees awarded).

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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 Cleveland Institute of Music are Elementary & secondary schools (165,720 people), Colleges, universities & professional schools, including junior colleges (109,805 people), Specialized design services (62,482 people), Computer Systems Design (60,351 people), and Restaurants & Food Services (55,351 people).

The most specialized majors at Cleveland Institute of Music are Visual & Performing Arts (139 degrees awarded).

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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 Cleveland Institute of Music.

Most Common

  1. 55 degrees awarded

  2. 0 degrees awarded

  3. 0 degrees awarded

In 2017, the most common bachelors degree concentration at Cleveland Institute of Music was General Music Performance with 55 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 61

  2. 78

In 2017, 61 degrees were awarded to men at Cleveland Institute of Music, which is 0.782 times less than the number of degrees awarded to females (78).

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

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Most Common Male Majors

In 2017, 61 degrees were awarded to men at Cleveland Institute of Music in General Music Performance, which is 0.782 times less than the 78 female recipients with that same degree.

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Most Common Female Majors

In 2017, 78 degrees were awarded to women at Cleveland Institute of Music in General Music Performance, which is 1.28 times more than the 61 male recipients with that same degree.

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Time to Complete

68%

100% Completion Time

80%

150% Completion Time

In 2017, 68% of students graduating from Cleveland Institute of Music completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 80% 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.

White Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Cleveland Institute of Music is Female and White (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, 58.8% of graduates (20 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Unknown

    54 degrees awarded

  2. White

    33 degrees awarded

  3. Asian

    5 degrees awarded

The most common race/ethnicity at Cleveland Institute of Music is unknown (54 degrees awarded). There were 1.64 times more unknown recipients than the next closest race/ethnicity group, white (33 degrees).

38.8% of degree recipients (54 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    18 degrees awarded

  2. White Male

    15 degrees awarded

  3. Asian Female

    3 degrees awarded

The most common race/ethnicity and gender grouping at Cleveland Institute of Music is white female (18 degrees awarded). There were 1.2 times more white female recipients than the next closest race/ethnicity group, white male (15 degrees).

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Operations

Cleveland Institute of Music has an endowment valued at nearly $40.4M, as of the end of the 2017 fiscal year. The return on its endowment was of $6.77M (16.8%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Cleveland Institute of Music had a total salary expenditure of $20.6M. Cleveland Institute of Music employs 37 No academic ranks, 0 N/A, and 0 N/A. Most academics at Cleveland Institute of Music are Male No academic ranks (21), Female No academic ranks(16), and N/A (0).

The most common positions for non-instructional staff at Cleveland Institute of Music are: Management, with 19 employees, Service, with 9 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 9 employees.

Finances

Endowment

$40.4M

2017 Endowment

10.9%

growth from 2016

Cleveland Institute of Music has an endowment valued at about $40.4M, as of the end of the 2017 fiscal year. The endowment of Cleveland Institute of Music grew 10.9% from the previous year. The value of their endowment was $30.3M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Cleveland Institute of Music (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. $129k - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Cleveland Institute of Music received $129k 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

$11.1M

2017 Salaries

1.42%

growth from 2016

In 2017, Cleveland Institute of Music paid a median of $11.1M in salaries, which represents 53.9% of their overall expenditure ($20.6M) and a 1.42% growth from the previous year. This is compared to a 6.17% growth from 2015 and a 3.82% growth from 2014.

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

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Instructional Salaries

$3.4M

Instructional Salaries

37

Number of Employees

In 2017, Cleveland Institute of Music paid a total of $3.4M to 37 employees working as instructors, which represents 30.7% 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

No academic rank

Most Common Instructor

37 Employees

Management

Most Common Non-Instructional Employee

19 Employees

In 2017, the most common positions for instructional staff at Cleveland Institute of Music were No academic rank with 37 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at Cleveland Institute of Music were Management with 19 employees; Service with 9 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 9 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male No academic rank

  2. Female No academic rank

  3. false

In 2017, the most common demographic for instructional staff at Cleveland Institute of Music was Male No academic rank with 21 employees, Female No academic rank with 16 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Cleveland Institute of Music.

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