Maryland Institute College of Art

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2022 Undergraduate Tuition
$51,870
3.41% growth from 2021
2022 Average Net Price
$43,545
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Acceptance Rate
79.6%
3,139 Applicants
2022 Enrolled Students
1,952
80.3% Full-Time
2022 Graduation Rate
76.5%
264 Graduates

About

Maryland Institute College of Art is a higher education institution located in Baltimore city, MD. In 2022, the most popular Masters Degree concentrations at Maryland Institute College of Art were Other Design & Applied Arts (175 degrees awarded), General Business Administration & Management (44 degrees), and Art Teacher Education (25 degrees).

In 2022, 731 degrees were awarded across all undergraduate and graduate programs at Maryland Institute College of Art. 74% of these degrees were awarded to women, and 26% awarded men. The most common race/ethnicity group of degree recipients was white (276 degrees), 3.37 times more than then the next closest race/ethnicity group, asian (82 degrees).

The median undergraduate tuition at Maryland Institute College of Art is $51,870, which is $36,929 more than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at Maryland Institute College of Art was 0%, corresponding to 0 out of the 390 total borrowers.

Costs

In 2022, the median undergraduate tuition at Maryland Institute College of Art is $51,870, which is $36,929 more than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $43,545.

In 2022, 96% of undergraduate students attending Maryland Institute College of Art received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$51,870
2022 Undergraduate Tuition

In 2022, the cost of tuition at Maryland Institute College of Art was $51,870. The cost of tuition at Maryland Institute College of Art is $36,929 more than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$43,545
2022 Value
52.4%
1 Year Growth

In 2022 Maryland Institute College of Art had an average net price — the price paid after factoring in grants and loans — of $43,545. Between 2021 and 2022, the average net price of Maryland Institute College of Art grew by 52.4%.

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

$12,760
Room and Board
$1,500
Books and Supplies

The average yearly cost of room and board at Maryland Institute College of Art was of $12,760 in 2022. The cost of room and board decreased by 1.09% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies decreased by 11.8% during the same period.

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Financial Aid by Income Level

96%
Undergraduates Receiving Financial Aid through Grants
39%
Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Maryland Institute College of Art received financial aid through grants or loans in 2022. This represents a decline of 2.04% with respect to 2021, when 98% 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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Maryland Institute College of Art was 0%, which represents 0 out of the 390 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 3,139 undergraduate applications in 2022, which represents a 2.38% annual growth. Out of those 3,139 applicants, 2,498 students were accepted for enrollment, representing a 79.6% acceptance rate.

There were 1,952 students enrolled at Maryland Institute College of Art in 2022. 15% of first-time enrollees submitted SAT scores with their applications.

Maryland Institute College of Art has an overall enrollment yield of 9.09%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.6%
Acceptance Rate in 2022
2,498
Accepted Out of 3,139

In 2022, the undergraduate acceptance rate of Maryland Institute College of Art was 79.6% (2,498 admissions from 3,139 applications). This is lower than the acceptance rate of 2021, which was 85.7%. Between 2021 and 2022, the number of applicants grew by 2.38%, while admissions declined by 4.98%.

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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SAT Scores

15%
Submission Percentage (2022)
34
Scores Submitted (2022)

15% of enrolled first-time students at Maryland Institute College of Art in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Maryland Institute College of Art had a total enrollment of 1,952 students in 2022. The full-time enrollment at Maryland Institute College of Art is 1,567 students and the part-time enrollment is 385. This means that 80.3% 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 35% White, 11.1% Black or African American, 10.5% Hispanic or Latino, 9.68% Asian, 6.25% Two or More Races, and 0.0512% American Indian or Alaska Native.

Students enrolled at Maryland Institute College of Art in full-time Undergraduate programs are most commonly White Female (27.1%), followed by Hispanic or Latino Female (8.61%) and Asian Female (8.38%). Students enrolled in full-time Graduate programs are most commonly White Female (15.2%), followed by White Male (9.09%) and Black or African American Female (8.23%).

Full-Time vs Part-Time Enrollment

80.3%
Full-Time Enrollment

The total enrollment at Maryland Institute College of Art in 2022, both undergraduate and graduate, is 1,952 students. The full-time enrollment at Maryland Institute College of Art is 1,567 and the part-time enrollment is 385. This means that 80.3% of students enrolled at Maryland Institute College of Art are enrolled full-time compared with 71.2% 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

85%
2022 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 85%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), 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 (2022)
  1. White
    683 enrolled students
  2. Black or African American
    216 enrolled students
  3. Hispanic or Latino
    204 enrolled students

The enrolled student population at Maryland Institute College of Art is 35% White, 11.1% Black or African American, 10.5% Hispanic or Latino, 9.68% Asian, 6.25% Two or More Races, and 0.0512% 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 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 80 students (4.1%) did not report their race.

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Graduates

In 2022, 351 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 (276 degrees awarded). There were 3.37 times more white recipients than the next closest race/ethnicity group, asian (82 degrees).

The most common Masters Degree concentration at Maryland Institute College of Art is Other Design & Applied Arts (175 degrees awarded), followed by General Business Administration & Management (44 degrees) and Art Teacher Education (25 degrees).

In 2022,  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 (507 degrees awarded), Communication Technologies (35 degrees), and Interdisciplinary Studies (13 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 (1,782,350 people), Accountants & auditors (1,063,799 people), Other managers (831,537 people), Secondary school teachers (553,830 people), and Financial managers (517,160 people).

The most specialized majors at Maryland Institute College of Art in 2022 are Visual & Performing Arts (507 degrees awarded), Communication Technologies (35 degrees), Interdisciplinary Studies (13 degrees), Education (25 degrees), and Business (44 degrees) (as of 2022).

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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, Physicians, Financial examiners, Cardiovascular technologists and technicians, and Podiatrists

The most specialized majors at Maryland Institute College of Art are Visual & Performing Arts (507 degrees awarded), Communication Technologies (35 degrees), Interdisciplinary Studies (13 degrees), Education (25 degrees), and Business (44 degrees) (as of 2022).

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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 (3,289,942 people), Colleges, universities & professional schools, including junior colleges (650,909 people), Computer Systems Design (618,812 people), Banking & related activities (522,820 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (506,085 people).

The most specialized majors at Maryland Institute College of Art are Visual & Performing Arts (507 degrees awarded), Communication Technologies (35 degrees), Interdisciplinary Studies (13 degrees), Education (25 degrees), and Business (44 degrees) (as of 2022).

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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 (2022)
  1. 93 degrees awarded
  2. 39 degrees awarded
  3. 35 degrees awarded

In 2022, the most common bachelors degree concentration at Maryland Institute College of Art was Illustration with 93 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

190
Degrees Awarded to Men
in 2022
541
Degrees Awarded to Women
in 2022

In 2022, 190 degrees were awarded to men at Maryland Institute College of Art, which is 0.351 times less than the number of degrees awarded to females (541).

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 2022, 52 degrees were awarded to men at Maryland Institute College of Art in Other Design & Applied Arts, which is 0.406 times less than the 128 female recipients with that same degree.

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Most Common Female Majors

In 2022, 128 degrees were awarded to men at Maryland Institute College of Art in Other Design & Applied Arts, which is 2.46 times more than the 52 male recipients with that same degree.

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Time to Complete

64%
100% Completion Time
73%
150% Completion Time

In 2022, 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, 73% completed their degrees within 150% of the normal time, and 74% 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.
Black or African American Female
Highest Graduation Rate (83.3%)

The student demographic with the highest graduation rate in 2022 at Maryland Institute College of Art is Female and Black or African American (83.3% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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, 2.27% of graduates (6 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    276 degrees awarded
  2. Asian
    82 degrees awarded
  3. Hispanic or Latino
    77 degrees awarded

The most common race/ethnicity at Maryland Institute College of Art is white (276 degrees awarded). There were 3.37 times more white recipients than the next closest race/ethnicity group, asian (82 degrees).

4.65% of degree recipients (34 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    203 degrees awarded
  2. White Male
    73 degrees awarded
  3. Asian Female
    62 degrees awarded

The most common race/ethnicity and sex grouping at Maryland Institute College of Art is white female (203 degrees awarded). There were 2.78 times more white female recipients than the next closest race/ethnicity group, white male (73 degrees).

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Operations

Maryland Institute College of Art has an endowment valued at nearly $109M, as of the end of the 2022 fiscal year. The return on its endowment was of −7.05M (−6.44%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Maryland Institute College of Art had a total salary expenditure of 91.7M. Maryland Institute College of Art employs 137 No academic ranks. Most academics at Maryland Institute College of Art are Female No academic rank (81), and Male No academic rank (56).

The most common positions for non-instructional staff at Maryland Institute College of Art are: Management, with 127 employees, Service, with 43 employees, and Office and Administrative Support with 38 employees.

Endowment

$109M
2022 Endowment
7.13%
decline from 2021

Maryland Institute College of Art has an endowment valued at about $109M, as of the end of the 2022 fiscal year. The endowment of Maryland Institute College of Art declined 7.13% from the previous year. The value of their endowment was $97.7M 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

$42.2M
2022 Salaries
12.8%
growth from 2021

In 2022, Maryland Institute College of Art paid a median of $42.2M in salaries, which represents 46% of their overall expenditure ($91.7M) and a 12.8% growth from the previous year. This is compared to a 15.6% decline between 2020 and 2021, and a 6.74% growth between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$12.6M
Instructional Salaries
137
Number of Employees

In 2022, Maryland Institute College of Art paid a total of $12.6M to 137 employees working as instructors, which represents 29.8% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

No academic rank
Most Common Instructor
137 Employees
Management
Most Common Non-Instructional Employee
127 Employees

In 2022, the most common positions for instructional staff at Maryland Institute College of Art was No academic rank with 137 employees.

In 2022, the most common positions for non-instructional staff at Maryland Institute College of Art were Management with 127 employees, Service with 43 employees, and Office and Administrative Support with 38 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female No academic rank
  2. Male No academic rank

In 2022, the most common demographic for instructional staff at Maryland Institute College of Art was Female No academic rank with 81 employees, and Male No academic rank with 56 employees.

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

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