Memphis College of Art

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2017 Undergraduate Tuition

$32,400

4.52% growth from 2016

2017 Average Net Price

$32,480

After Financial Aid

2016 Student Loan

19.1%

Default Rate

2017 Acceptance Rate

54%

285 Applicants

2017 Enrolled Students

303

81.5% Full-Time

2017 Graduation Rate

46.8%

44 Graduates

About

Memphis College of Art is a higher education institution located in Shelby County, TN. In 2016, the most popular Bachelor's Degree concentrations at Memphis College of Art were General Design & Visual Communications (21 degrees awarded), General Fine Studio Arts (15 degrees), and Illustration (8 degrees).

In 2017, 80 degrees were awarded across all undergraduate and graduate programs at Memphis College of Art. 71.3% of these degrees were awarded to women, and 28.7% awarded men. The majority of degree recipients were white (53 degrees), 3.12 times more than then the next closest race/ethnicity group, black or african american (17 degrees).

The median undergraduate tuition at Memphis College of Art is $32,400, which is $18,400 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at Memphis College of Art is $32,400, which is $18,400 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 $32,480.

In 2017, 100% of undergraduate students received federal grants, while 81% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$32,400

2017 Undergraduate Tuition

In 2017, the cost of tuition at Memphis College of Art was $32,400. The cost of tuition at Memphis College of Art is $18,400 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

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

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Average Net Price

$32,480

2017 Value

43.2%

1 Year Growth

In 2017 Memphis College of Art had an average net price — the price paid after factoring in grants and loans — of $32,480. Between 2016 and 2017, the average net price of Memphis College of Art grew by 43.2%.

This chart compares the average net price of Memphis College 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.

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Other Student Expenses

$8,750

Room and Board

$1,650

Books and Supplies

The average yearly cost of room and board at Memphis College of Art was of $8,750 in 2017. During the same period, the average yearly cost of books and supplies was $1,650. The cost of room and board increased by 1.74% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

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Financial Aid

Financial Aid by Income Level

100%

Of Undergraduates Receive Grants

81%

Of Undergraduates Receive Federal Loans

100% of undergraduate students at Memphis College of Art 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 Memphis College 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.

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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.

19.1%

2016 Default Rate

29

Number of Defaults

In 2016 the default rate for borrower's at Memphis College of Art was 19.1%, which represents 29 out of the 152 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

Memphis College of Art received 285 undergraduate applications in 2017, which represents a 26.5% annual decline. Out of those 285 applicants, 154 students were accepted for enrollment, representing a 54% acceptance rate.

There were 303 students enrolled at Memphis College of Art in 2017, and 0% of first-time enrollees submitted SAT scores with their applications.

Memphis College of Art has an overall enrollment yield of 30.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

54%

Acceptance Rate in 2017

154

Accepted Out of 285

In 2017, the undergraduate acceptance rate of Memphis College of Art was 54% (154 admissions from 285 applications). This is higher than the acceptance rate of 2016, which was 39.2%. Between 2016 and 2017, the number of applicants declined by -26.5%, while admissions grew by 1.32%.

This chart compares the acceptance rate of Memphis College of Art (in red) with that of other similar universities.

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SAT Scores

0%

Submission Percentage

0

Scores Submitted

0% of enrolled first-time students at Memphis College of Art 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

Memphis College of Art has a total enrollment of 303 students. The full-time enrollment at Memphis College of Art is 247 students and the part-time enrollment is 56. This means that 81.5% of students enrolled at Memphis College of Art are enrolled full-time.

The enrolled student population at Memphis College of Art, both undergraduate and graduate, is 54.8% White, 32.3% Black or African American, 6.27% Hispanic or Latino, 3.63% Two or More Races, 0.99% Asian, 0.66% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Memphis College of Art in full-time Undergraduate programs are majority White Female (43.1%), followed by Black or African American Female (17.6%) and White Male (14.2%). Students enrolled in full-time Graduate programs are majority White Female (37.5%), followed by White Male (25%) and Hispanic or Latino Male (12.5%).

Full-Time vs Part-Time Enrollment

81.5%

Full-Time Enrollment

The total enrollment at Memphis College of Art, both undergraduate and graduate, is 303 students. The full-time enrollment at Memphis College of Art is 247 and the part-time enrollment is 56. This means that 81.5% of students enrolled at Memphis College of Art 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 Memphis College of Art (in red) compares to similar universities.

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Retention Rate over Time

71%

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 Memphis College of Art was 71%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Memphis College of Art had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    166

  2. Black or African American

    98

  3. Hispanic or Latino

    19

The enrolled student population at Memphis College of Art is 54.8% White, 32.3% Black or African American, 6.27% Hispanic or Latino, 3.63% Two or More Races, 0.99% Asian, 0.66% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. 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, 3 students (0.99%) did not report their race.

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Graduates

In 2017, 34 more women than men received degrees from Memphis College of Art. The majority of degree recipients at Memphis College of Art are white (53 degrees awarded). There were 3.12 times more white graduates than the next closest race/ethnicity group, black or african american (17 degrees).

The most common Bachelor's Degree concentration at Memphis College of Art is General Design & Visual Communications (21 degrees awarded), followed by General Fine Studio Arts (15 degrees) and Illustration (8 degrees).

The most specialized majors across all degree types at Memphis College of Art, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (78 degrees awarded) and Education (2 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 Memphis College of Art are Elementary & middle school teachers (1,886,482 people), Secondary school teachers (312,413 people), Education administrators (251,127 people), Postsecondary teachers (140,506 people), and Other managers (129,557 people).

The most specialized majors at Memphis College of Art are Visual & Performing Arts (78 degrees awarded) and Education (2 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Memphis College of Art are Geoscientists and hydrologists, except geographers, Physicians, Cardiovascular technologists and technicians, Nurse anesthetists, and Credit authorizers, checkers, & clerks

The most specialized majors at Memphis College of Art are Visual & Performing Arts (78 degrees awarded) and Education (2 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 Memphis College of Art are Elementary & secondary schools (2,741,279 people), Colleges, universities & professional schools, including junior colleges (282,188 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (129,298 people), Child day care services (97,149 people), and Computer Systems Design (91,646 people).

The most specialized majors at Memphis College of Art are Visual & Performing Arts (78 degrees awarded) and Education (2 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 Memphis College of Art.

Most Common

  1. 21 degrees awarded

  2. 15 degrees awarded

  3. 8 degrees awarded

In 2017, the most common bachelors degree concentration at Memphis College of Art was General Design & Visual Communications with 21 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Memphis College of Art according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 23

  2. 57

In 2017, 23 degrees were awarded to men at Memphis College of Art, which is 0.404 times less than the number of degrees awarded to females (57).

This chart displays the gender disparity between the top 5 majors at Memphis College of Art by degrees awarded.

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Most Common Male Majors

In 2017, 8 degrees were awarded to men at Memphis College of Art in General Design & Visual Communications, which is 0.615 times less than the 13 female recipients with that same degree.

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Most Common Female Majors

In 2017, 13 degrees were awarded to women at Memphis College of Art in General Design & Visual Communications, which is 1.63 times more than the 8 male recipients with that same degree.

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Time to Complete

47%

100% Completion Time

50%

150% Completion Time

In 2017, 47% of students graduating from Memphis College of Art completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 50% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Memphis College of Art is Female 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

    53 degrees awarded

  2. Black or African American

    17 degrees awarded

  3. Hispanic or Latino

    6 degrees awarded

The most common race/ethnicity at Memphis College of Art is white (53 degrees awarded). There were 3.12 times more white recipients than the next closest race/ethnicity group, black or african american (17 degrees).

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

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    36 degrees awarded

  2. White Male

    17 degrees awarded

  3. Black or African American Female

    12 degrees awarded

The most common race/ethnicity and gender grouping at Memphis College of Art is white female (36 degrees awarded). There were 2.12 times more white female recipients than the next closest race/ethnicity group, white male (17 degrees).

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Operations

Memphis College of Art has an endowment valued at nearly $4.46M, as of the end of the 2017 fiscal year. The return on its endowment was of $415k (9.31%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Memphis College of Art had a total salary expenditure of $10.9M. Memphis College of Art employs 9 Assistant professors, 6 Associate professors, and 5 Professors. Most academics at Memphis College of Art are Female Assistant professors (7), Female Professors(4), and Male Instructors (3).

The most common positions for non-instructional staff at Memphis College of Art are: Service, with 15 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 12 employees, and Management with 6 employees.

Finances

Endowment

$4.46M

2017 Endowment

2.62%

decline from 2016

Memphis College of Art has an endowment valued at about $4.46M, as of the end of the 2017 fiscal year. The endowment of Memphis College of Art declined 2.62% from the previous year. The value of their endowment was $5.65M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Memphis College of Art (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. $973 - State

  3. $0 - Local

As of 2017, Memphis College of Art received $0 in grants and contracts from the federal government, $973 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$4.83M

2017 Salaries

0.584%

growth from 2016

In 2017, Memphis College of Art paid a median of $4.83M in salaries, which represents 44.3% of their overall expenditure ($10.9M) and a 0.584% growth from the previous year. This is compared to a 0.974% decline from 2015 and a 5.87% growth from 2014.

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

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Instructional Salaries

$1.23M

Instructional Salaries

23

Number of Employees

In 2017, Memphis College of Art paid a total of $1.23M to 23 employees working as instructors, which represents 25.5% 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

Assistant professor

Most Common Instructor

9 Employees

Service

Most Common Non-Instructional Employee

15 Employees

In 2017, the most common positions for instructional staff at Memphis College of Art were Assistant professor with 9 employees; Associate professor with 6 employees; and Associate professor with 5 employees.

In 2017, the most common positions for non-instructional staff at Memphis College of Art were Service with 15 employees; Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 12 employees; and Management with 6 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Female Professor

  3. Male Instructor

In 2017, the most common demographic for instructional staff at Memphis College of Art was Female Assistant professor with 7 employees, Female Professor with 4 employees, and Male Instructor with 3 employees.

This chart shows the gender split between each academic rank present at Memphis College of Art.

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