Maryland Institute College of Art

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2020 Undergraduate Tuition
$48,510
0% growth from 2019
2020 Average Net Price
$45,106
After Financial Aid
2018 Student Loan
4.18%
Default Rate
2020 Acceptance Rate
89.8%
2,990 Applicants
2020 Enrolled Students
1,892
76.2% Full-Time
2020 Graduation Rate
73.4%
331 Graduates

About

Maryland Institute College of Art is a higher education institution located in Baltimore city, MD. In 2016, the most popular Bachelor's Degree concentrations at Maryland Institute College of Art were Illustration (85 degrees awarded), Graphic Design (73 degrees), and Multimedia (42 degrees).

In 2020, 623 degrees were awarded across all undergraduate and graduate programs at Maryland Institute College of Art. 77.2% of these degrees were awarded to women, and 22.8% awarded men. The most common race/ethnicity group of degree recipients was white (251 degrees), 4.33 times more than then the next closest race/ethnicity group, asian (58 degrees).

The median undergraduate tuition at Maryland Institute College of Art is $48,510, which is $34,110 more than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at Maryland Institute College of Art is $48,510, which is $34,110 more than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $45,106.

In 2020, 96% of undergraduate students attending Maryland Institute College of Art received financial aid through grants. Comparatively, 41% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$48,510
2020 Undergraduate Tuition

In 2020, the cost of tuition at Maryland Institute College of Art was $48,510. The cost of tuition at Maryland Institute College of Art is $34,110 more than than the overall (public and private) national average for Special Focus Institutions ($14,400).

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

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Average Net Price

$45,106
2020 Value
5.51%
1 Year Growth

In 2020 Maryland Institute College of Art had an average net price — the price paid after factoring in grants and loans — of $45,106. Between 2019 and 2020, the average net price of Maryland Institute College of Art grew by 5.51%.

This chart compares the average net price of Maryland Institute 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

$12,170
Room and Board
$1,500
Books and Supplies

The average yearly cost of room and board at Maryland Institute College of Art was of $12,170 in 2020. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board increased by 2.48% between 2019 and 2020. The cost of books and supplies decreased by 11.8% during the same period.

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Financial Aid

Financial Aid by Income Level

96%
Undergraduates Receiving Financial Aid through Grants
41%
Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Maryland Institute College of Art received financial aid through grants or loans in 2020. This represents a growth of 5.49% with respect to 2019, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Maryland Institute 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.
4.18%
2018 Default Rate
19
Number of Defaults

In 2018 the default rate for borrower's at Maryland Institute College of Art was 4.18%, which represents 19 out of the 455 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

Maryland Institute College of Art received 2,990 undergraduate applications in 2020, which represents a 25.7% annual decline. Out of those 2,990 applicants, 2,686 students were accepted for enrollment, representing a 89.8% acceptance rate.

There were 1,892 students enrolled at Maryland Institute College of Art in 2020, and N/A% of first-time enrollees submitted SAT scores with their applications.

Maryland Institute College of Art has an overall enrollment yield of 10.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.8%
Acceptance Rate in 2020
2,686
Accepted Out of 2,990

In 2020, the undergraduate acceptance rate of Maryland Institute College of Art was 89.8% (2,686 admissions from 2,990 applications). This is higher than the acceptance rate of 2019, which was 63.9%. Between 2019 and 2020, the number of applicants declined by −25.7%, while admissions grew by 4.47%.

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

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SAT Scores

N/A%
Submission Percentage
0
Scores Submitted

N/A% of enrolled first-time students at Maryland Institute College of Art in 2020 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

Maryland Institute College of Art has a total enrollment of 1,892 students. The full-time enrollment at Maryland Institute College of Art is 1,441 students and the part-time enrollment is 451. This means that 76.2% of students enrolled at Maryland Institute College of Art are enrolled full-time.

The enrolled student population at Maryland Institute College of Art, both undergraduate and graduate, is 34.5% White, 12% Black or African American, 10.5% Asian, 9.73% Hispanic or Latino, 5.66% Two or More Races, 0.264% American Indian or Alaska Native, and 0.106% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Maryland Institute College of Art in full-time Undergraduate programs are most commonly White Female (22.5%), followed by Asian Female (8.95%) and Hispanic or Latino Female (8.15%). Students enrolled in full-time Graduate programs are most commonly White Female (22.2%), followed by Black or African American Female (9.52%) and Black or African American Male (8.47%).

Full-Time vs Part-Time Enrollment

76.2%
Full-Time Enrollment

The total enrollment at Maryland Institute College of Art, both undergraduate and graduate, is 1,892 students. The full-time enrollment at Maryland Institute College of Art is 1,441 and the part-time enrollment is 451. This means that 76.2% of students enrolled at Maryland Institute College of Art are enrolled full-time compared with 68.5% at similar Special Focus Institutions.

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

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Retention Rate over Time

66%
2020 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 Maryland Institute College of Art was 66%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), Maryland Institute College of Art had a retention rate lower than its peers.

This chart shows the retention rate over time at Maryland Institute 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
    653
  2. Black or African American
    227
  3. Asian
    198

The enrolled student population at Maryland Institute College of Art is 34.5% White, 12% Black or African American, 10.5% Asian, 9.73% Hispanic or Latino, 5.66% Two or More Races, 0.264% American Indian or Alaska Native, and 0.106% 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% White, 17.3% Hispanic or Latino, and 14.4% 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, 72 students (3.81%) did not report their race.

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Graduates

In 2020, 339 more women than men received degrees from Maryland Institute College of Art. The most common race/ethnicity group of degree recipients at Maryland Institute College of Art is white (251 degrees awarded). There were 4.33 times more white graduates than the next closest race/ethnicity group, asian (58 degrees).

The most common Bachelor's Degree concentration at Maryland Institute College of Art is Illustration (85 degrees awarded), followed by Graphic Design (73 degrees) and Multimedia (42 degrees).

The most specialized majors across all degree types at Maryland Institute College of Art, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (570 degrees awarded), Architecture and Related Services (10 degrees), and Education (30 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 Maryland Institute College of Art are Elementary & middle school teachers (1,926,268 people), Accountants & auditors (1,068,155 people), Other managers (765,134 people), Financial managers (470,558 people), and Secondary school teachers (455,369 people).

The most specialized majors at Maryland Institute College of Art are Visual & Performing Arts (570 degrees awarded), Architecture and Related Services (10 degrees), Education (30 degrees), Interdisciplinary Studies (7 degrees), and Business (6 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Maryland Institute College of Art are Surgeons, Dentists, Physicians, Securities, commodities, & financial services sales agents, and Podiatrists

The most specialized majors at Maryland Institute College of Art are Visual & Performing Arts (570 degrees awarded), Architecture and Related Services (10 degrees), Education (30 degrees), Interdisciplinary Studies (7 degrees), and Business (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 Maryland Institute College of Art are Elementary & secondary schools (3,236,322 people), Colleges, universities & professional schools, including junior colleges (623,106 people), Computer Systems Design (519,593 people), Banking & related activities (512,239 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (483,863 people).

The most specialized majors at Maryland Institute College of Art are Visual & Performing Arts (570 degrees awarded), Architecture and Related Services (10 degrees), Education (30 degrees), Interdisciplinary Studies (7 degrees), and Business (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 Maryland Institute College of Art.
Most Common
  1. 85 degree-majorss awarded
  2. 73 degree-majorss awarded
  3. 42 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Maryland Institute College of Art was Illustration with 85 degrees awarded.

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

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Sex Breakdown for Common Majors

142
Degrees Awarded to Men
in 2020
481
Degrees Awarded to Women
in 2020

In 2020, 142 degrees were awarded to men at Maryland Institute College of Art, which is 0.295 times less than the number of degrees awarded to females (481).

This chart displays the sex disparity between the top 5 majors at Maryland Institute College of Art by degrees awarded.

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Most Common Male Majors

In 2020, 24 degrees were awarded to men at Maryland Institute College of Art in Painting, which is 0.889 times less than the 27 female recipients with that same degree.

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Most Common Female Majors

In 2020, 106 degrees were awarded to women at Maryland Institute College of Art in Illustration, which is 9.64 times more than the 11 male recipients with that same degree.

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Time to Complete

64%
100% Completion Time
70%
150% Completion Time

In 2020, 64% of students graduating from Maryland Institute College of Art completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 71% 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 Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Maryland Institute College of Art is Male and Black or African American (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

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, 3.32% of graduates (11 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    251 degrees awarded
  2. Asian
    58 degrees awarded
  3. Black or African American
    53 degrees awarded

The most common race/ethnicity at Maryland Institute College of Art is white (251 degrees awarded). There were 4.33 times more white recipients than the next closest race/ethnicity group, asian (58 degrees).

2.89% of degree recipients (18 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    188 degrees awarded
  2. White Male
    63 degrees awarded
  3. Asian Female
    49 degrees awarded

The most common race/ethnicity and sex grouping at Maryland Institute College of Art is white female (188 degrees awarded). There were 2.98 times more white female recipients than the next closest race/ethnicity group, white male (63 degrees).

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Operations

Maryland Institute College of Art has an endowment valued at nearly $90.7M, as of the end of the 2020 fiscal year. The return on its endowment was of $2.98M (3.29%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, Maryland Institute College of Art had a total salary expenditure of $92.6M. Maryland Institute College of Art employs 148 Professors, 0 N/A, and 0 N/A. Most academics at Maryland Institute College of Art are Female Professors (82), Male Professors(66), and N/A (0).

The most common positions for non-instructional staff at Maryland Institute College of Art are: Management, with 150 employees, Office and Administrative Support, with 50 employees, and Service with 46 employees.

Finances

Endowment

$90.7M
2020 Endowment
0.333%
decline from 2019

Maryland Institute College of Art has an endowment valued at about $90.7M, as of the end of the 2020 fiscal year. The endowment of Maryland Institute College of Art declined 0.333% from the previous year. The value of their endowment was $80.3M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Maryland Institute 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. $2.74M - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Maryland Institute College of Art received $2.74M 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

$44.4M
2020 Salaries
6.74%
growth from 2019

In 2020, Maryland Institute College of Art paid a median of $44.4M in salaries, which represents 47.9% of their overall expenditure ($92.6M) and a 6.74% growth from the previous year. This is compared to a 4.46% growth from 2018 and a 5.68% growth from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

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Instructional Salaries

$13.2M
Instructional Salaries
148
Number of Employees

In 2020, Maryland Institute College of Art paid a total of $13.2M to 148 employees working as instructors, which represents 29.7% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
148 Employees
Management
Most Common Non-Instructional Employee
150 Employees

In 2020, the most common positions for instructional staff at Maryland Institute College of Art were Professor with 148 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Maryland Institute College of Art were Management with 150 employees; Office and Administrative Support with 50 employees; and Service with 46 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Female Professor
  2. Male Professor

In 2020, the most common demographic for instructional staff at Maryland Institute College of Art was Female Professor with 82 employees, and Male Professor with 66 employees.

This chart shows the sex split between each academic rank present at Maryland Institute College of Art.

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