School of the Art Institute of Chicago

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2019 Undergraduate Tuition
$47,814
1.19% growth from 2018
2019 Average Net Price
$50,167
After Financial Aid
2017 Student Loan
7.17%
Default Rate
2019 Acceptance Rate
57%
6,410 Applicants
2019 Enrolled Students
3,682
93.3% Full-Time
2018 Graduation Rate
64.9%
358 Graduates

About

School of the Art Institute of Chicago is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at School of the Art Institute of Chicago were General Fine Studio Arts (583 degrees awarded), General Visual & Performing Arts (15 degrees), and Creative Writing (10 degrees).

In 2019, 952 degrees were awarded across all undergraduate and graduate programs at School of the Art Institute of Chicago. 72.7% of these degrees were awarded to women, and 27.3% awarded men. The most common race/ethnicity group of degree recipients was white (298 degrees), 2.95 times more than then the next closest race/ethnicity group, asian (101 degrees).

The median undergraduate tuition at School of the Art Institute of Chicago is $47,814, which is $33,314 more than the national average for Special Focus Institutions ($14,500).

Costs

The median undergraduate tuition at School of the Art Institute of Chicago is $47,814, which is $33,314 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 $50,167.

In 2019, 88% of undergraduate students received federal grants, while 38% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,814
2019 Undergraduate Tuition

In 2019, the cost of tuition at School of the Art Institute of Chicago was $47,814. The cost of tuition at School of the Art Institute of Chicago is $33,314 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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Average Net Price

$50,167
2019 Value
4.98%
1 Year Growth

In 2019 School of the Art Institute of Chicago had an average net price — the price paid after factoring in grants and loans — of $50,167. Between 2018 and 2019, the average net price of School of the Art Institute of Chicago grew by 4.98%.

This chart compares the average net price of School of the Art Institute of Chicago (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

$12,300
Room and Board
$1,770
Books and Supplies

The average yearly cost of room and board at School of the Art Institute of Chicago was of $12,300 in 2019. During the same period, the average yearly cost of books and supplies was $1,770. The cost of room and board increased by 5.08% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

88%
Of Undergraduates Receive Grants
38%
Of Undergraduates Receive Federal Loans

88% of undergraduate students at School of the Art Institute of Chicago received grants or loans in 2019. This represents a growth of 1.15% with respect to 2018, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at School of the Art Institute of Chicago (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.
7.17%
2017 Default Rate
51
Number of Defaults

In 2017 the default rate for borrower's at School of the Art Institute of Chicago was 7.17%, which represents 51 out of the 711 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

School of the Art Institute of Chicago received 6,410 undergraduate applications in 2019, which represents a 6.96% annual growth. Out of those 6,410 applicants, 3,656 students were accepted for enrollment, representing a 57% acceptance rate.

There were 3,682 students enrolled at School of the Art Institute of Chicago in 2019, and 62% of first-time enrollees submitted SAT scores with their applications.

School of the Art Institute of Chicago has an overall enrollment yield of 16.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

57%
Acceptance Rate in 2019
3,656
Accepted Out of 6,410

In 2019, the undergraduate acceptance rate of School of the Art Institute of Chicago was 57% (3,656 admissions from 6,410 applications). This is lower than the acceptance rate of 2018, which was 58.6%. Between 2018 and 2019, the number of applicants grew by 6.96%, while admissions grew by 4.19%.

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

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SAT Scores

62%
Submission Percentage
383
Scores Submitted

62% of enrolled first-time students at School of the Art Institute of Chicago in 2019 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

School of the Art Institute of Chicago has a total enrollment of 3,682 students. The full-time enrollment at School of the Art Institute of Chicago is 3,437 students and the part-time enrollment is 245. This means that 93.3% of students enrolled at School of the Art Institute of Chicago are enrolled full-time.

The enrolled student population at School of the Art Institute of Chicago, both undergraduate and graduate, is 33.4% White, 10.6% Hispanic or Latino, 8.07% Asian, 3.61% Black or African American, 2.85% Two or More Races, 0.353% American Indian or Alaska Native, and 0.0815% Native Hawaiian or Other Pacific Islanders.

Students enrolled at School of the Art Institute of Chicago in full-time Undergraduate programs are most commonly White Female (25.3%), followed by White Male (8.88%) and Asian Female (7.17%). Students enrolled in full-time Graduate programs are most commonly White Female (19.1%), followed by Hispanic or Latino Female (7.74%) and White Male (6.64%).

Full-Time vs Part-Time Enrollment

93.3%
Full-Time Enrollment

The total enrollment at School of the Art Institute of Chicago, both undergraduate and graduate, is 3,682 students. The full-time enrollment at School of the Art Institute of Chicago is 3,437 and the part-time enrollment is 245. This means that 93.3% of students enrolled at School of the Art Institute of Chicago are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

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

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Retention Rate over Time

82%
2019 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 School of the Art Institute of Chicago was 82%. Compared with the full-time retention rate at similar Special Focus Institutions (72%), School of the Art Institute of Chicago had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,231
  2. Hispanic or Latino
    392
  3. Asian
    297

The enrolled student population at School of the Art Institute of Chicago is 33.4% White, 10.6% Hispanic or Latino, 8.07% Asian, 3.61% Black or African American, 2.85% Two or More Races, 0.353% American Indian or Alaska Native, and 0.0815% 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 44.8% White, 15.6% Hispanic or Latino, and 14.5% 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, 293 students (7.96%) did not report their race.

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Graduates

In 2019, 432 more women than men received degrees from School of the Art Institute of Chicago. The most common race/ethnicity group of degree recipients at School of the Art Institute of Chicago is white (298 degrees awarded). There were 2.95 times more white graduates than the next closest race/ethnicity group, asian (101 degrees).

The most common Bachelor's Degree concentration at School of the Art Institute of Chicago is General Fine Studio Arts (583 degrees awarded), followed by General Visual & Performing Arts (15 degrees) and Creative Writing (10 degrees).

The most specialized majors across all degree types at School of the Art Institute of Chicago, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (849 degrees awarded), Architecture and Related Services (29 degrees), and English (27 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 School of the Art Institute of Chicago are Elementary & middle school teachers (1,616,977 people), Secondary school teachers (586,143 people), Education administrators (326,656 people), Other managers (317,343 people), and Postsecondary teachers (245,778 people).

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (849 degrees awarded), Architecture and Related Services (29 degrees), English (27 degrees), Education (17 degrees), and Communications (6 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 School of the Art Institute of Chicago are Securities, commodities, & financial services sales agents, Physicians, Magnetic resonance imaging technologists, Actuaries, and Dentists

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (849 degrees awarded), Architecture and Related Services (29 degrees), English (27 degrees), Education (17 degrees), and Communications (6 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 School of the Art Institute of Chicago are Elementary & secondary schools (3,080,797 people), Colleges, universities & professional schools, including junior colleges (554,634 people), Computer Systems Design (230,341 people), Architectural, engineering & related services (199,537 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (196,401 people).

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (849 degrees awarded), Architecture and Related Services (29 degrees), English (27 degrees), Education (17 degrees), and Communications (6 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 School of the Art Institute of Chicago.
Most Common
  1. 583 degree-majorss awarded
  2. 15 degree-majorss awarded
  3. 10 degree-majorss awarded

In 2019, the most common bachelors degree concentration at School of the Art Institute of Chicago was General Fine Studio Arts with 583 degrees awarded.

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

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Gender Breakdown for Common Majors

260
Degrees Awarded to Men
in 2019
692
Degrees Awarded to Women
in 2019

In 2019, 260 degrees were awarded to men at School of the Art Institute of Chicago, which is 0.376 times less than the number of degrees awarded to females (692).

This chart displays the gender disparity between the top 5 majors at School of the Art Institute of Chicago by degrees awarded.

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Most Common Male Majors

In 2019, 217 degrees were awarded to men at School of the Art Institute of Chicago in General Fine Studio Arts, which is 0.4 times less than the 543 female recipients with that same degree.

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Most Common Female Majors

In 2019, 543 degrees were awarded to women at School of the Art Institute of Chicago in General Fine Studio Arts, which is 2.5 times more than the 217 male recipients with that same degree.

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Time to Complete

45%
100% Completion Time
66%
150% Completion Time

In 2019, 45% of students graduating from School of the Art Institute of Chicago completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 66% 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 Female
Highest Graduation Rate (68.9%)

The student demographic with the highest graduation rate at School of the Art Institute of Chicago is Female and Asian (68.9% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (69.1%).

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, 0.838% of graduates (3 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    298 degrees awarded
  2. Asian
    101 degrees awarded
  3. Hispanic or Latino
    75 degrees awarded

The most common race/ethnicity at School of the Art Institute of Chicago is white (298 degrees awarded). There were 2.95 times more white recipients than the next closest race/ethnicity group, asian (101 degrees).

5.99% of degree recipients (57 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    207 degrees awarded
  2. White Male
    91 degrees awarded
  3. Asian Female
    81 degrees awarded

The most common race/ethnicity and gender grouping at School of the Art Institute of Chicago is white female (207 degrees awarded). There were 2.27 times more white female recipients than the next closest race/ethnicity group, white male (91 degrees).

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Operations

School of the Art Institute of Chicago has an endowment valued at nearly $240M, as of the end of the 2019 fiscal year. The return on its endowment was of $9.94M (4.14%), compared to the 2.77% average return ($279k on $10.1M) across all Special Focus Institutions.

In 2019, School of the Art Institute of Chicago had a total salary expenditure of $N/A. School of the Art Institute of Chicago employs 73 Associate professors, 50 Professors, and 42 Assistant professors. Most academics at School of the Art Institute of Chicago are Male Associate professors (47), Male Professors(26), and Female Associate professors (26).

The most common positions for non-instructional staff at School of the Art Institute of Chicago are: Business and Financial Operations, with 95 employees, Office and Administrative Support, with 80 employees, and Management with 73 employees.

Finances

Endowment

$240M
2019 Endowment
7.04%
growth from 2018

School of the Art Institute of Chicago has an endowment valued at about $240M, as of the end of the 2019 fiscal year. The endowment of School of the Art Institute of Chicago grew 7.04% from the previous year. The value of their endowment was $230M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at School of the Art Institute of Chicago (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. $412k - Federal
  2. $96.1k - State
  3. $0 - Local

As of 2019, School of the Art Institute of Chicago received $412k in grants and contracts from the federal government, $96.1k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$67.8M
2019 Salaries
6.19%
growth from 2018

In 2019, School of the Art Institute of Chicago paid a median of $67.8M in salaries, which represents NaNM% of their overall expenditure ($N/A) and a 6.19% growth from the previous year. This is compared to a 4.95% growth from 2017 and a 7.18% growth from 2016.

The median for similar Special Focus Institutions is 2.89M (42.3% of overall expenditures).

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Instructional Salaries

$16.9M
Instructional Salaries
176
Number of Employees

In 2019, School of the Art Institute of Chicago paid a total of $16.9M to 176 employees working as instructors, which represents 25% of all salaries paid.

This is compared to a median of $857k (29.6%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
73 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
95 Employees

In 2019, the most common positions for instructional staff at School of the Art Institute of Chicago were Associate professor with 73 employees; Professor with 50 employees; and Professor with 42 employees.

In 2019, the most common positions for non-instructional staff at School of the Art Institute of Chicago were Business and Financial Operations with 95 employees; Office and Administrative Support with 80 employees; and Management with 73 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Associate professor
  2. Male Professor
  3. Female Associate professor

In 2019, the most common demographic for instructional staff at School of the Art Institute of Chicago was Male Associate professor with 47 employees, Male Professor with 26 employees, and Female Associate professor with 26 employees.

This chart shows the gender split between each academic rank present at School of the Art Institute of Chicago.

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