Musicians Institute

www.mi.edu/

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2021 Undergraduate Tuition

$24,525

2021 Average Net Price

$36,686

After Financial Aid

2019 Student Loan

0.627%

Default Rate

2021 Acceptance Rate

78.6%

350 Applicants

2021 Enrolled Students

777

62.5% Full-Time

2021 Graduation Rate

57.9%

11 Graduates

About

Musicians Institute is a higher education institution located in Los Angeles County, CA. In 2021, the most popular Associates Degree concentrations at Musicians Institute were General Music Performance (41 degrees awarded), Recording Arts Technology (19 degrees), and Music Management (8 degrees).

In 2021, 238 degrees were awarded across all undergraduate and graduate programs at Musicians Institute. 26.1% of these degrees were awarded to women, and 73.9% awarded men. The most common race/ethnicity group of degree recipients was white (78 degrees), 2.79 times more than then the next closest race/ethnicity group, hispanic or latino (28 degrees).

The median undergraduate tuition at Musicians Institute is $24,525, which is $10,025 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 Musicians Institute is $24,525, which is $10,025 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 $36,686.

In 2021, 35% of undergraduate students attending Musicians Institute received financial aid through grants. Comparatively, 27% of undergraduate students received financial aid through loans.

Tuition Costs

$24,525

2021 Undergraduate Tuition

In 2021, the cost of tuition at Musicians Institute was $24,525. The cost of tuition at Musicians Institute is $10,025 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

Average Net Price

$36,686

2021 Value

2.86%

1 Year Growth

In 2021 Musicians Institute had an average net price — the price paid after factoring in grants and loans — of $36,686. Between 2020 and 2021, the average net price of Musicians Institute grew by 2.86%.

This chart compares the average net price of Musicians Institute (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

$12,438

Room and Board

$1,746

Books and Supplies

The average yearly cost of room and board at Musicians Institute was of $12,438 in 2021. The cost of room and board decreased by 12.2% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,746. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Musicians Institute (in red) with that of similar universities.

Financial Aid by Income Level

35%

Undergraduates Receiving Financial Aid through Grants

27%

Undergraduates Receiving Financial Aid through Loans

35% of undergraduate students at Musicians Institute received financial aid through grants or loans in 2021. This represents a decline of 7.89% with respect to 2020, when 38% of undergraduate students received financial aid.

This chart compares the average award discount at Musicians Institute (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.

0.627%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Musicians Institute was 0.627%, which represents 2 out of the 319 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.

Admissions

Musicians Institute received 350 undergraduate applications in 2021, which represents a 16.3% annual growth. Out of those 350 applicants, 275 students were accepted for enrollment, representing a 78.6% acceptance rate.

There were 777 students enrolled at Musicians Institute in 2021.

Musicians Institute has an overall enrollment yield of 42.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.6%

Acceptance Rate in 2021

275

Accepted Out of 350

In 2021, the undergraduate acceptance rate of Musicians Institute was 78.6% (275 admissions from 350 applications). This is higher than the acceptance rate of 2020, which was 68.4%. Between 2020 and 2021, the number of applicants grew by 16.3%, while admissions grew by 33.5%..

This chart compares the acceptance rate of Musicians Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Musicians Institute had a total enrollment of 777 students in 2021. The full-time enrollment at Musicians Institute is 486 students and the part-time enrollment is 291. This means that 62.5% of students enrolled at Musicians Institute are enrolled full-time.

The enrolled student population at Musicians Institute, both undergraduate and graduate, is 26.9% White, 11.1% Hispanic or Latino, 9.01% Asian, 6.82% Black or African American, 4.63% Two or More Races, 0.515% American Indian or Alaska Native, and 0.257% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Musicians Institute in full-time Undergraduate programs are most commonly White Male (20.6%), followed by Hispanic or Latino Male (8.63%) and Asian Male (7.37%). Students enrolled in full-time Graduate programs are most commonly Asian Male (27.3%), followed by White Male (18.2%) and Asian Female (9.09%).

Full-Time vs Part-Time Enrollment

62.5%

Full-Time Enrollment

The total enrollment at Musicians Institute in 2021, both undergraduate and graduate, is 777 students. The full-time enrollment at Musicians Institute is 486 and the part-time enrollment is 291. This means that 62.5% of students enrolled at Musicians Institute 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 Musicians Institute (in red) compares to similar universities.

Retention Rate over Time

47%

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 Musicians Institute was 47%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Musicians Institute had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
209 enrolled students
Hispanic or Latino
86 enrolled students
Asian
70 enrolled students

The enrolled student population at Musicians Institute is 26.9% White, 11.1% Hispanic or Latino, 9.01% Asian, 6.82% Black or African American, 4.63% Two or More Races, 0.515% American Indian or Alaska Native, and 0.257% 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 43.6% White, 18.4% Hispanic or Latino, and 14% 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, 50 students (6.44%) did not report their race.

Graduates

In 2021, 114 fewer women than men received degrees from Musicians Institute. The most common race/ethnicity group of degree recipients at Musicians Institute is white (78 degrees awarded). There were 2.79 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

The most common Associates Degree concentration at Musicians Institute is General Music Performance (41 degrees awarded), followed by Recording Arts Technology (19 degrees) and Music Management (8 degrees).

In 2021, the most specialized majors across all degree types at Musicians Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (48 degrees awarded), Visual & Performing Arts (155 degrees), and Mechanical Technologies (35 degrees).

Common Jobs by Major

Graphic designers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Musicians Institute are Graphic designers (91,568 people), Elementary & middle school teachers (81,816 people), Other managers (76,420 people), Other designers (60,812 people), and Postsecondary teachers (54,797 people).

The most specialized majors at Musicians Institute in 2021 are Communication Technologies (48 degrees awarded), Visual & Performing Arts (155 degrees), and Mechanical Technologies (35 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Musicians Institute are Surgeons, Physicians, Credit analysts, Economists, and Chief executives & legislators

The most specialized majors at Musicians Institute are Communication Technologies (48 degrees awarded), Visual & Performing Arts (155 degrees), and Mechanical Technologies (35 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Musicians Institute are Elementary & secondary schools (172,435 people), Colleges, universities & professional schools, including junior colleges (120,423 people), Computer Systems Design (70,917 people), Specialized design services (60,823 people), and Restaurants & Food Services (49,981 people).

The most specialized majors at Musicians Institute are Communication Technologies (48 degrees awarded), Visual & Performing Arts (155 degrees), and Mechanical Technologies (35 degrees) (as of 2021).

Majors Awarded

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

Most Common (2020)

General Music Performance
91 degrees awarded
Music Management
7 degrees awarded
Recording Arts Technology
3 degrees awarded

In 2020, the most common associates degree concentration at Musicians Institute was General Music Performance with 91 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at Musicians Institute according to their major.

Sex Breakdown for Common Majors

176

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 176 degrees were awarded to men at Musicians Institute, which is 2.84 times more than the number of degrees awarded to females (62).

This chart displays the sex disparity between the top 5 majors at Musicians Institute by degrees awarded.

Most Common Male Majors

In 2021, 79 degrees were awarded to men at Musicians Institute in General Music Performance, which is 1.88 times more than the 42 female recipients with that same degree.

Most Common Female Majors

In 2021, 42 degrees were awarded to men at Musicians Institute in General Music Performance, which is 0.532 times less than the 79 male recipients with that same degree.

Time to Complete

16%

100% Completion Time

37%

150% Completion Time

In 2021, 16% of students graduating from Musicians Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 37% completed their degrees within 150% of the normal time, and 47% 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 Musicians Institute 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.

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, 9.09% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
78 degrees awarded
Hispanic or Latino
28 degrees awarded
Black or African American
14 degrees awarded

The most common race/ethnicity at Musicians Institute is white (78 degrees awarded). There were 2.79 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

7.14% of degree recipients (17 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
55 degrees awarded
Hispanic or Latino Male
26 degrees awarded
White Female
23 degrees awarded

The most common race/ethnicity and sex grouping at Musicians Institute is white male (55 degrees awarded). There were 2.12 times more white male recipients than the next closest race/ethnicity group, hispanic or latino male (26 degrees).

Operations

Musicians Institute employs 53 Instructors. Most academics at Musicians Institute are Male Instructor (43), and Female Instructor (10).

The most common positions for non-instructional staff at Musicians Institute are: Management, with 23 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 16 employees, and Business and Financial Operations with 9 employees.

Salary Expenditure

$7.66M

2021 Salaries

27.8%

decline from 2020

In 2021, Musicians Institute paid a median of $7.66M in salaries, a 27.8% decline from the previous year.

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

Instructional Salaries

$1.62M

Instructional Salaries

Number of Employees

In 2021, Musicians Institute paid a total of $1.62M to 53 employees working as instructors, which represents 21.1% 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

53 Employees

Management

Most Common Non-Instructional Employee

23 Employees

In 2021, the most common positions for instructional staff at Musicians Institute was Instructor with 53 employees.

In 2021, the most common positions for non-instructional staff at Musicians Institute were Management with 23 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 16 employees, and Business and Financial Operations with 9 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 Musicians Institute was Male Instructor with 43 employees, and Female Instructor with 10 employees.

This chart shows the sex split between each academic rank present at Musicians Institute.