The Art Institute of Charlotte

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2017 Undergraduate Tuition

$17,028

0% growth from 2016

2017 Average Net Price

$20,777

After Financial Aid

2016 Student Loan

11.7%

Default Rate

2017 Enrolled Students

451

67.6% Full-Time

2017 Graduation Rate

29%

20 Graduates

About

The Art Institute of Charlotte is a higher education institution located in Mecklenburg County, NC. In 2016, the most popular Bachelor's Degree concentrations at The Art Institute of Charlotte were Web Page, Digital, & Information Resource Design (11 degrees awarded), Fashion Merchandising (8 degrees), and Restaurant, Culinary, & Catering Management (7 degrees).

In 2017, 150 degrees were awarded across all undergraduate and graduate programs at The Art Institute of Charlotte. 61.3% of these degrees were awarded to women, and 38.7% awarded men. The majority of degree recipients were black or african american (82 degrees), 1.78 times more than then the next closest race/ethnicity group, white (46 degrees).

The median undergraduate tuition at The Art Institute of Charlotte is $17,028, which is $3,028 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at The Art Institute of Charlotte is $17,028, which is $3,028 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 $20,777.

In 2017, 93% of undergraduate students received federal grants, while 71% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$17,028

2017 Undergraduate Tuition

In 2017, the cost of tuition at The Art Institute of Charlotte was $17,028. The cost of tuition at The Art Institute of Charlotte is $3,028 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

This chart compares the tuition costs of The Art Institute of Charlotte (in red) with those of other similar universities.

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Average Net Price

$20,777

2017 Value

2.66%

1 Year Growth

In 2017 The Art Institute of Charlotte had an average net price — the price paid after factoring in grants and loans — of $20,777. Between 2016 and 2017, the average net price of The Art Institute of Charlotte grew by 2.66%.

This chart compares the average net price of The Art Institute of Charlotte (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

$7,093

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at The Art Institute of Charlotte was of $7,093 in 2017. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board increased by 12.6% 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 The Art Institute of Charlotte (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

93%

Of Undergraduates Receive Grants

71%

Of Undergraduates Receive Federal Loans

93% of undergraduate students at The Art Institute of Charlotte received grants or loans in 2017. This represents a growth of 5.68% with respect to 2016, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at The Art Institute of Charlotte (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.

11.7%

2016 Default Rate

1580

Number of Defaults

In 2016 the default rate for borrower's at The Art Institute of Charlotte was 11.7%, which represents 1580 out of the 13537 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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Enrollment

The Art Institute of Charlotte has a total enrollment of 451 students. The full-time enrollment at The Art Institute of Charlotte is 305 students and the part-time enrollment is 146. This means that 67.6% of students enrolled at The Art Institute of Charlotte are enrolled full-time.

The enrolled student population at The Art Institute of Charlotte, both undergraduate and graduate, is 57% Black or African American, 27.1% White, 10.9% Hispanic or Latino, 1.11% American Indian or Alaska Native, 0.887% Asian, 0.887% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at The Art Institute of Charlotte in full-time Undergraduate programs are majority Black or African American Female (28.9%), followed by Black or African American Male (26.2%) and White Male (15.4%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

67.6%

Full-Time Enrollment

The total enrollment at The Art Institute of Charlotte, both undergraduate and graduate, is 451 students. The full-time enrollment at The Art Institute of Charlotte is 305 and the part-time enrollment is 146. This means that 67.6% of students enrolled at The Art Institute of Charlotte 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 The Art Institute of Charlotte (in red) compares to similar universities.

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Retention Rate over Time

58%

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 The Art Institute of Charlotte was 58%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), The Art Institute of Charlotte had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. Black or African American

    257

  2. White

    122

  3. Hispanic or Latino

    49

The enrolled student population at The Art Institute of Charlotte is 57% Black or African American, 27.1% White, 10.9% Hispanic or Latino, 1.11% American Indian or Alaska Native, 0.887% Asian, 0.887% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. 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, 5 students (1.11%) did not report their race.

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Graduates

In 2017, 34 more women than men received degrees from The Art Institute of Charlotte. The majority of degree recipients at The Art Institute of Charlotte are black or african american (82 degrees awarded). There were 1.78 times more black or african american graduates than the next closest race/ethnicity group, white (46 degrees).

The most common Bachelor's Degree concentration at The Art Institute of Charlotte is Web Page, Digital, & Information Resource Design (11 degrees awarded), followed by Fashion Merchandising (8 degrees) and Restaurant, Culinary, & Catering Management (7 degrees).

The most specialized majors across all degree types at The Art Institute of Charlotte, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (83 degrees awarded), Personal & Culinary Services (44 degrees), and Computer and Information Sciences and Support Services (11 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at The Art Institute of Charlotte are Accountants & auditors (1,108,122 people), Other managers (721,490 people), Software developers (524,049 people), Financial managers (436,472 people), and Chief executives & legislators (338,165 people).

The most specialized majors at The Art Institute of Charlotte are Visual & Performing Arts (83 degrees awarded), Personal & Culinary Services (44 degrees), Computer and Information Sciences and Support Services (11 degrees), and Business (12 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 The Art Institute of Charlotte are Magnetic resonance imaging technologists, Surgeons, Physicians, Diagnostic medical sonographers, and Architectural & engineering managers

The most specialized majors at The Art Institute of Charlotte are Visual & Performing Arts (83 degrees awarded), Personal & Culinary Services (44 degrees), Computer and Information Sciences and Support Services (11 degrees), and Business (12 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 The Art Institute of Charlotte are Computer Systems Design (893,914 people), Elementary & secondary schools (627,149 people), Banking & related activities (551,246 people), Colleges, universities & professional schools, including junior colleges (469,096 people), and Insurance carriers (426,401 people).

The most specialized majors at The Art Institute of Charlotte are Visual & Performing Arts (83 degrees awarded), Personal & Culinary Services (44 degrees), Computer and Information Sciences and Support Services (11 degrees), and Business (12 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 The Art Institute of Charlotte.

In 2017, the most common bachelors degree concentration at The Art Institute of Charlotte was Web Page, Digital, & Information Resource Design with 11 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 58

  2. 92

In 2017, 58 degrees were awarded to men at The Art Institute of Charlotte, which is 0.63 times less than the number of degrees awarded to females (92).

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

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Most Common Male Majors

In 2017, 16 degrees were awarded to men at The Art Institute of Charlotte in Culinary Arts & Chef Training, which is 1.23 times more than the 13 female recipients with that same degree.

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Most Common Female Majors

In 2017, 24 degrees were awarded to women at The Art Institute of Charlotte in Fashion & Apparel Design, which is 6 times more than the 4 male recipients with that same degree.

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Time to Complete

11%

100% Completion Time

14%

150% Completion Time

In 2017, 11% of students graduating from The Art Institute of Charlotte completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 14% completed their degrees within 150% of the normal time, and 14% 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.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at The Art Institute of Charlotte is Male and Hispanic or Latino (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. Black or African American

    82 degrees awarded

  2. White

    46 degrees awarded

  3. Hispanic or Latino

    14 degrees awarded

The most common race/ethnicity at The Art Institute of Charlotte is black or african american (82 degrees awarded). There were 1.78 times more black or african american recipients than the next closest race/ethnicity group, white (46 degrees).

1.33% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. Black or African American Female

    50 degrees awarded

  2. White Female

    32 degrees awarded

  3. Black or African American Male

    32 degrees awarded

The most common race/ethnicity and gender grouping at The Art Institute of Charlotte is black or african american female (50 degrees awarded). There were 1.56 times more black or african american female recipients than the next closest race/ethnicity group, white female (32 degrees).

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Operations

The Art Institute of Charlotte 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, The Art Institute of Charlotte had a total salary expenditure of $13.6M. The Art Institute of Charlotte employs 12 Instructors, 0 N/A, and 0 N/A. Most academics at The Art Institute of Charlotte are Male Instructors (7), Female Instructors(5), and N/A (0).

The most common positions for non-instructional staff at The Art Institute of Charlotte are: Office and Administrative Support, with 14 employees, Management, with 8 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 7 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

The Art Institute of Charlotte has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of The Art Institute of Charlotte 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 The Art Institute of Charlotte (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. $3.24M - Federal

  2. $32.6k - State

  3. $0 - Local

As of 2017, The Art Institute of Charlotte received $3.24M in grants and contracts from the federal government, $32.6k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$3.85M

2017 Salaries

20.7%

decline from 2016

In 2017, The Art Institute of Charlotte paid a median of $3.85M in salaries, which represents 28.4% of their overall expenditure ($13.6M) and a 20.7% decline from the previous year. This is compared to a 18.5% decline from 2015 and a 12.9% decline from 2014.

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

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Instructional Salaries

$688k

Instructional Salaries

12

Number of Employees

In 2017, The Art Institute of Charlotte paid a total of $688k to 12 employees working as instructors, which represents 17.9% 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

12 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

14 Employees

In 2017, the most common positions for instructional staff at The Art Institute of Charlotte were Instructor with 12 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at The Art Institute of Charlotte were Office and Administrative Support with 14 employees; Management with 8 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 7 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 The Art Institute of Charlotte was Male Instructor with 7 employees, Female Instructor with 5 employees, and false with 0 employees.

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

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