American Academy of Art

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2017 Undergraduate Tuition

$32,800

3.14% growth from 2016

2017 Average Net Price

$26,843

After Financial Aid

2016 Student Loan

7.63%

Default Rate

2017 Enrolled Students

260

74.2% Full-Time

2017 Graduation Rate

61.9%

60 Graduates

About

American Academy of Art is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at American Academy of Art were Illustration (25 degrees awarded), Painting (16 degrees), and Graphic Design (7 degrees).

In 2017, 55 degrees were awarded across all undergraduate and graduate programs at American Academy of Art. 65.5% of these degrees were awarded to women, and 34.5% awarded men. The majority of degree recipients were white (33 degrees), 2.06 times more than then the next closest race/ethnicity group, hispanic or latino (16 degrees).

The median undergraduate tuition at American Academy of Art is $32,800, which is $18,800 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at American Academy of Art is $32,800, which is $18,800 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 $26,843.

In 2017, 64% of undergraduate students received federal grants, while 85% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$32,800

2017 Undergraduate Tuition

In 2017, the cost of tuition at American Academy of Art was $32,800. The cost of tuition at American Academy of Art is $18,800 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

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Average Net Price

$26,843

2017 Value

6.34%

1 Year Growth

In 2017 American Academy of Art had an average net price — the price paid after factoring in grants and loans — of $26,843. Between 2016 and 2017, the average net price of American Academy of Art grew by 6.34%.

This chart compares the average net price of American Academy 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

$6,354

Room and Board

$1,600

Books and Supplies

The average yearly cost of room and board at American Academy of Art was of $6,354 in 2017. During the same period, the average yearly cost of books and supplies was $1,600. The cost of room and board did not change 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

64%

Of Undergraduates Receive Grants

85%

Of Undergraduates Receive Federal Loans

64% of undergraduate students at American Academy of Art received grants or loans in 2017. This represents a growth of 8.47% with respect to 2016, when 59% of undergraduate students received financial aid.

This chart compares the average award discount at American Academy 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.

7.63%

2016 Default Rate

10

Number of Defaults

In 2016 the default rate for borrower's at American Academy of Art was 7.63%, which represents 10 out of the 131 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

American Academy of Art has a total enrollment of 260 students. The full-time enrollment at American Academy of Art is 193 students and the part-time enrollment is 67. This means that 74.2% of students enrolled at American Academy of Art are enrolled full-time.

The enrolled student population at American Academy of Art, both undergraduate and graduate, is 44.6% White, 35.8% Hispanic or Latino, 9.62% Black or African American, 4.62% Two or More Races, 4.23% Asian, 0.769% Native Hawaiian or Other Pacific Islanders, and 0.385% American Indian or Alaska Native.

Students enrolled at American Academy of Art in full-time Undergraduate programs are majority White Female (38.3%), followed by Hispanic or Latino Female (18.7%) and White Male (14%). Students enrolled in full-time Graduate programs are majority N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

74.2%

Full-Time Enrollment

The total enrollment at American Academy of Art, both undergraduate and graduate, is 260 students. The full-time enrollment at American Academy of Art is 193 and the part-time enrollment is 67. This means that 74.2% of students enrolled at American Academy 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 American Academy of Art (in red) compares to similar universities.

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Retention Rate over Time

75%

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 American Academy of Art was 75%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), American Academy of Art had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    116

  2. Hispanic or Latino

    93

  3. Black or African American

    25

The enrolled student population at American Academy of Art is 44.6% White, 35.8% Hispanic or Latino, 9.62% Black or African American, 4.62% Two or More Races, 4.23% Asian, 0.769% Native Hawaiian or Other Pacific Islanders, and 0.385% American Indian or Alaska Native. 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.

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Graduates

In 2017, 17 more women than men received degrees from American Academy of Art. The majority of degree recipients at American Academy of Art are white (33 degrees awarded). There were 2.06 times more white graduates than the next closest race/ethnicity group, hispanic or latino (16 degrees).

The most common Bachelor's Degree concentration at American Academy of Art is Illustration (25 degrees awarded), followed by Painting (16 degrees) and Graphic Design (7 degrees).

The most specialized majors across all degree types at American Academy of Art, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (53 degrees awarded), Communication Technologies (2 degrees), and Computer and Information Sciences and Support Services (0 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 American Academy of Art are Software developers (432,037 people), Other managers (159,920 people), Computer occupations, all other (131,615 people), Elementary & middle school teachers (115,006 people), and Computer programmers (114,909 people).

The most specialized majors at American Academy of Art are Visual & Performing Arts (53 degrees awarded), Communication Technologies (2 degrees), and Computer and Information Sciences and Support Services (0 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 American Academy of Art are Magnetic resonance imaging technologists, Physicians, Diagnostic medical sonographers, Architectural & engineering managers, and Securities, commodities, & financial services sales agents

The most specialized majors at American Academy of Art are Visual & Performing Arts (53 degrees awarded), Communication Technologies (2 degrees), and Computer and Information Sciences and Support Services (0 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 American Academy of Art are Computer Systems Design (517,289 people), Elementary & secondary schools (218,905 people), Colleges, universities & professional schools, including junior colleges (184,852 people), Management, scientific & technical consulting services (99,788 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (99,262 people).

The most specialized majors at American Academy of Art are Visual & Performing Arts (53 degrees awarded), Communication Technologies (2 degrees), and Computer and Information Sciences and Support Services (0 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 American Academy of Art.

Most Common

  1. 25 degrees awarded

  2. 16 degrees awarded

  3. 7 degrees awarded

In 2017, the most common bachelors degree concentration at American Academy of Art was Illustration with 25 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 19

  2. 36

In 2017, 19 degrees were awarded to men at American Academy of Art, which is 0.528 times less than the number of degrees awarded to females (36).

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

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Most Common Male Majors

In 2017, 9 degrees were awarded to men at American Academy of Art in Illustration, which is 0.563 times less than the 16 female recipients with that same degree.

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Most Common Female Majors

In 2017, 16 degrees were awarded to women at American Academy of Art in Illustration, which is 1.78 times more than the 9 male recipients with that same degree.

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Time to Complete

42%

100% Completion Time

51%

150% Completion Time

In 2017, 42% of students graduating from American Academy of Art completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 51% 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 American Academy 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

    33 degrees awarded

  2. Hispanic or Latino

    16 degrees awarded

  3. Black or African American

    3 degrees awarded

The most common race/ethnicity at American Academy of Art is white (33 degrees awarded). There were 2.06 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 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

    23 degrees awarded

  2. Hispanic or Latino Female

    11 degrees awarded

  3. White Male

    10 degrees awarded

The most common race/ethnicity and gender grouping at American Academy of Art is white female (23 degrees awarded). There were 2.09 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (11 degrees).

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Operations

American Academy of Art has an endowment valued at nearly $N/A, as of the end of the 2017 fiscal year. The return on its endowment was of $4.81k (N/A%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, American Academy of Art had a total salary expenditure of $8.16M. American Academy of Art employs 22 Instructors, 0 N/A, and 0 N/A. Most academics at American Academy of Art are Male Instructors (13), Female Instructors(9), and N/A (0).

The most common positions for non-instructional staff at American Academy of Art are: Sales and related, with 9 employees, Management, with 8 employees, and Office and Administrative Support with 8 employees.

Finances

Endowment

$N/A

2017 Endowment

0%

growth from 2016

American Academy of Art has an endowment valued at about $N/A, as of the end of the 2017 fiscal year. The endowment of American Academy of Art 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 American Academy 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. $0 - State

  3. $0 - Local

As of 2017, American Academy of Art received $0 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

$3.61M

2017 Salaries

18.2%

growth from 2016

In 2017, American Academy of Art paid a median of $3.61M in salaries, which represents 44.2% of their overall expenditure ($8.16M) and a 18.2% growth from the previous year. This is compared to a 13.6% decline from 2015 and a 2.47% growth from 2014.

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

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Instructional Salaries

$1.09M

Instructional Salaries

22

Number of Employees

In 2017, American Academy of Art paid a total of $1.09M to 22 employees working as instructors, which represents 30.2% 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

22 Employees

Sales and related

Most Common Non-Instructional Employee

9 Employees

In 2017, the most common positions for instructional staff at American Academy of Art were Instructor with 22 employees; false with 0 employees; and false with 0 employees.

In 2017, the most common positions for non-instructional staff at American Academy of Art were Sales and related with 9 employees; Management with 8 employees; and Office and Administrative Support with 8 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 American Academy of Art was Male Instructor with 13 employees, Female Instructor with 9 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at American Academy of Art.

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