Maryland Institute College of Art

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2021 Undergraduate Tuition
$50,160
3.4% growth from 2020
2021 Average Net Price
$28,569
After Financial Aid
2019 Student Loan
1.4%
Default Rate
2021 Acceptance Rate
85.7%
3,066 Applicants
2021 Enrolled Students
2,147
79.4% Full-Time
2021 Graduation Rate
74%
301 Graduates

About

Maryland Institute College of Art is a higher education institution located in Baltimore city, MD. In 2021, the most popular Masters Degree concentrations at Maryland Institute College of Art were Other Design & Applied Arts (122 degrees awarded), Graphic Design (32 degrees), and General Business Administration & Management (21 degrees).

In 2021, 608 degrees were awarded across all undergraduate and graduate programs at Maryland Institute College of Art. 70.9% of these degrees were awarded to women, and 29.1% awarded men. The most common race/ethnicity group of degree recipients was white (216 degrees), 2.73 times more than then the next closest race/ethnicity group, black or african american (79 degrees).

The median undergraduate tuition at Maryland Institute College of Art is $50,160, which is $35,660 more than the national average for Special Focus Institutions ($14,500).

dollarCosts

In 2021, the median undergraduate tuition at Maryland Institute College of Art is $50,160, which is $35,660 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 $28,569.

In 2021, 98% of undergraduate students attending Maryland Institute College of Art received financial aid through grants. Comparatively, 37% of undergraduate students received financial aid through loans.

Tuition Costs

$50,160
2021 Undergraduate Tuition

In 2021, the cost of tuition at Maryland Institute College of Art was $50,160. The cost of tuition at Maryland Institute College of Art is $35,660 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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Average Net Price

$28,569
2021 Value
36.7%
1 Year Growth

In 2021 Maryland Institute College of Art had an average net price — the price paid after factoring in grants and loans — of $28,569. Between 2020 and 2021, the average net price of Maryland Institute College of Art grew by 36.7%.

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

$12,900
Room and Board
$1,700
Books and Supplies

The average yearly cost of room and board at Maryland Institute College of Art was of $12,900 in 2021. The cost of room and board increased by 6% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,700. The cost of books and supplies increased by 13.3% during the same period.

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

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Financial Aid by Income Level

98%
Undergraduates Receiving Financial Aid through Grants
37%
Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Maryland Institute College of Art received financial aid through grants or loans in 2021. This represents a growth of 2.08% with respect to 2020, when 96% 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.
1.4%
2019 Default Rate
6
Number of Defaults

In 2019 the default rate for borrower's at Maryland Institute College of Art was 1.4%, which represents 6 out of the 429 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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predictive-analysisAdmissions

Maryland Institute College of Art received 3,066 undergraduate applications in 2021, which represents a 2.54% annual growth. Out of those 3,066 applicants, 2,629 students were accepted for enrollment, representing a 85.7% acceptance rate.

There were 2,147 students enrolled at Maryland Institute College of Art in 2021.

Maryland Institute College of Art has an overall enrollment yield of 11.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.7%
Acceptance Rate in 2021
2,629
Accepted Out of 3,066

In 2021, the undergraduate acceptance rate of Maryland Institute College of Art was 85.7% (2,629 admissions from 3,066 applications). This is lower than the acceptance rate of 2020, which was 89.8%. Between 2020 and 2021, the number of applicants grew by 2.54%, while admissions declined by −2.12%..

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

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bookEnrollment

Maryland Institute College of Art had a total enrollment of 2,147 students in 2021. The full-time enrollment at Maryland Institute College of Art is 1,705 students and the part-time enrollment is 442. This means that 79.4% 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 37.8% White, 10.7% Asian, 10.5% Black or African American, 9.55% Hispanic or Latino, 6.66% Two or More Races, 0.0932% American Indian or Alaska Native, and 0.0466% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Maryland Institute College of Art in full-time Undergraduate programs are most commonly White Female (26.9%), followed by Asian Female (9.09%) and Hispanic or Latino Female (8.15%). Students enrolled in full-time Graduate programs are most commonly White Female (21.4%), followed by White Male (11.4%) and Black or African American Female (10.5%).

Full-Time vs Part-Time Enrollment

79.4%
Full-Time Enrollment

The total enrollment at Maryland Institute College of Art in 2021, both undergraduate and graduate, is 2,147 students. The full-time enrollment at Maryland Institute College of Art is 1,705 and the part-time enrollment is 442. This means that 79.4% of students enrolled at Maryland Institute College of Art 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 Maryland Institute College of Art (in red) compares to similar universities.

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Retention Rate over Time

86%
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 Maryland Institute College of Art was 86%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Maryland Institute College of Art had a retention rate higher 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 (2021)
  1. White
    812 enrolled students
  2. Asian
    229 enrolled students
  3. Black or African American
    225 enrolled students

The enrolled student population at Maryland Institute College of Art is 37.8% White, 10.7% Asian, 10.5% Black or African American, 9.55% Hispanic or Latino, 6.66% Two or More Races, 0.0932% American Indian or Alaska Native, and 0.0466% 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, 85 students (3.96%) did not report their race.

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learningGraduates

In 2021, 254 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 (216 degrees awarded). There were 2.73 times more white recipients than the next closest race/ethnicity group, black or african american (79 degrees).

The most common Masters Degree concentration at Maryland Institute College of Art is Other Design & Applied Arts (122 degrees awarded), followed by Graphic Design (32 degrees) and General Business Administration & Management (21 degrees).

In 2021,  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 (542 degrees awarded), Architecture and Related Services (9 degrees), and Interdisciplinary Studies (16 degrees).

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 (1,852,752 people), Accountants & auditors (1,067,711 people), Other managers (808,478 people), Secondary school teachers (504,409 people), and Financial managers (494,061 people).

The most specialized majors at Maryland Institute College of Art in 2021 are Visual & Performing Arts (542 degrees awarded), Architecture and Related Services (9 degrees), Interdisciplinary Studies (16 degrees), EDUCATION. (20 degrees), and Business (21 degrees) (as of 2021).

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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, Magnetic resonance imaging technologists, Physicians, Securities, commodities, & financial services sales agents, and Computer network architects

The most specialized majors at Maryland Institute College of Art are Visual & Performing Arts (542 degrees awarded), Architecture and Related Services (9 degrees), Interdisciplinary Studies (16 degrees), EDUCATION. (20 degrees), and Business (21 degrees) (as of 2021).

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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 (3,266,844 people), Colleges, universities & professional schools, including junior colleges (643,643 people), Computer Systems Design (571,323 people), Banking & related activities (517,316 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (501,005 people).

The most specialized majors at Maryland Institute College of Art are Visual & Performing Arts (542 degrees awarded), Architecture and Related Services (9 degrees), Interdisciplinary Studies (16 degrees), EDUCATION. (20 degrees), and Business (21 degrees) (as of 2021).

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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 (2021)
  1. 75 degree-majors awarded
  2. 63 degree-majors awarded
  3. 55 degree-majors awarded

In 2021, the most common bachelors degree concentration at Maryland Institute College of Art was Illustration with 75 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

177
Degrees Awarded to Men
in 2021
431
Degrees Awarded to Women
in 2021

In 2021, 177 degrees were awarded to men at Maryland Institute College of Art, which is 0.411 times less than the number of degrees awarded to females (431).

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 2021, 46 degrees were awarded to men at Maryland Institute College of Art in Other Design & Applied Arts, which is 0.59 times less than the 78 female recipients with that same degree.

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Most Common Female Majors

In 2021, 78 degrees were awarded to men at Maryland Institute College of Art in Illustration, which is 6.5 times more than the 12 male recipients with that same degree.

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Time to Complete

67%
100% Completion Time
72%
150% Completion Time

In 2021, 67% 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, 72% completed their degrees within 150% of the normal time, and 73% 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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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 Maryland Institute College of Art 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, 2.99% of graduates (9 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    216 degrees awarded
  2. Black or African American
    79 degrees awarded
  3. Hispanic or Latino
    64 degrees awarded

The most common race/ethnicity at Maryland Institute College of Art is white (216 degrees awarded). There were 2.73 times more white recipients than the next closest race/ethnicity group, black or african american (79 degrees).

1.97% of degree recipients (12 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    150 degrees awarded
  2. White Male
    66 degrees awarded
  3. Hispanic or Latino Female
    54 degrees awarded

The most common race/ethnicity and sex grouping at Maryland Institute College of Art is white female (150 degrees awarded). There were 2.27 times more white female recipients than the next closest race/ethnicity group, white male (66 degrees).

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briefcaseOperations

Maryland Institute College of Art has an endowment valued at nearly $118M, as of the end of the 2021 fiscal year. The return on its endowment was of 30.6M (26%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Maryland Institute College of Art had a total salary expenditure of 74.7M. Maryland Institute College of Art employs 149 No academic ranks. Most academics at Maryland Institute College of Art are Female No academic rank (82), and Male No academic rank (67).

The most common positions for non-instructional staff at Maryland Institute College of Art are: Management, with 142 employees, Office and Administrative Support, with 58 employees, and Service with 44 employees.

Endowment

$118M
2021 Endowment
29.8%
growth from 2020

Maryland Institute College of Art has an endowment valued at about $118M, as of the end of the 2021 fiscal year. The endowment of Maryland Institute College of Art grew 29.8% from the previous year. The value of their endowment was $105M 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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Salary Expenditure

$37.4M
2021 Salaries
15.6%
decline from 2020

In 2021, Maryland Institute College of Art paid a median of $37.4M in salaries, which represents 50.1% of their overall expenditure ($74.7M) and a 15.6% decline from the previous year.

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

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Instructional Salaries

$12M
Instructional Salaries
149
Number of Employees

In 2021, Maryland Institute College of Art paid a total of $12M to 149 employees working as instructors, which represents 32.2% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

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Occupations by Share

No academic rank
Most Common Instructor
149 Employees
Management
Most Common Non-Instructional Employee
142 Employees

In 2021, the most common positions for instructional staff at Maryland Institute College of Art was No academic rank with 149 employees.

In 2021, the most common positions for non-instructional staff at Maryland Institute College of Art were Management with 142 employees, Office and Administrative Support with 58 employees, and Service with 44 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Female No academic rank
  2. Male No academic rank

In 2021, the most common demographic for instructional staff at Maryland Institute College of Art was Female No academic rank with 82 employees, and Male No academic rank with 67 employees.

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

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