McNally Smith College of Music

www.mcnallysmith.edu

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    2017 Undergraduate Tuition
    $28,400
    5.03% growth from 2016
    2016 Average Net Price
    $29,970
    After Financial Aid
    2014 Default Rate
    12.1%
    on Student Loans
    2016 Acceptance Rate
    65.4%
    272 Applicants
    2016 Enrolled Students
    376
    87.5% Full-Time
    2016 Graduation Rate
    37.3%
    22 Graduates

    About

    McNally Smith College of Music is a higher education institution located in Ramsey County, MN. In 2017, the most popular Bachelors Degree concentrations at McNally Smith College of Music were Music Theory & Composition (12 degrees awarded), Music Technology (10 degrees), and Music Management (10 degrees).

    In 2017, 77 degrees were awarded across all undergraduate and graduate programs at McNally Smith College of Music. 31.2% of these degrees were awarded to women, and 68.8% awarded men. The most common race/ethnicity group of degree recipients was white (58 degrees), 9.67 times more than then the next closest race/ethnicity group, two or more races (6 degrees).

    The median undergraduate tuition at McNally Smith College of Music is $28,400, which is $13,503 more than the national average for Special Focus Institutions ($14,897).

    In 2014 the default rate for borrower's at McNally Smith College of Music was 12.1%, corresponding to 31 out of the 256 total borrowers.

    Special Focus Four-Year: Arts, Music & Design SchoolsSpecial Focus Institutions

    Costs

    In 2017, the median undergraduate tuition at McNally Smith College of Music is $28,400.

    After taking grants and loans into account, the average net price for students is $29,970.

    In 2016, 64% of undergraduate students attending McNally Smith College of Music received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

    Tuition Costs

    $28,400
    2017 Undergraduate Tuition

    In 2017, the cost of tuition at McNally Smith College of Music was $28,400.

    This chart compares the tuition costs of McNally Smith College of Music (in red) with those of other similar universities.

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    Average Net Price

    $29,970
    2016 Value
    21.8%
    1 Year Growth

    In 2016 McNally Smith College of Music had an average net price — the price paid after factoring in grants and loans — of $29,970. Between 2015 and 2016, the average net price of McNally Smith College of Music grew by 21.8%.

    This chart compares the average net price of McNally Smith College of Music (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

    $7,100
    Room and Board
    $1,000
    Books and Supplies

    The average yearly cost of room and board at McNally Smith College of Music was of $7,100 in 2017. The cost of room and board decreased by 13.7% between 2016 and 2017.

    During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

    This chart compares the average student costs at McNally Smith College of Music (in red) with that of similar universities.

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    Financial Aid by Income Level

    64%
    Undergraduates Receiving Financial Aid through Grants
    65%
    Undergraduates Receiving Financial Aid through Loans

    64% of undergraduate students at McNally Smith College of Music received financial aid through grants or loans in 2016. This represents a growth of 8.47% with respect to 2015, when 59% of undergraduate students received financial aid.

    This chart compares the average award discount at McNally Smith College of Music (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.
    12.1%
    2014 Default Rate
    31
    Number of Defaults

    In 2014 the default rate for borrower's at McNally Smith College of Music was 12.1%, which represents 31 out of the 256 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

    McNally Smith College of Music received 272 undergraduate applications in 2016, which represents a 27.3% annual growth. Out of those 272 applicants, 178 students were accepted for enrollment, representing a 65.4% acceptance rate.

    There were 376 students enrolled at McNally Smith College of Music in 2016.

    McNally Smith College of Music has an overall enrollment yield of 53.9%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    65.4%
    Acceptance Rate in 2016
    178
    Accepted Out of 272

    In 2016, the undergraduate acceptance rate of McNally Smith College of Music was 65.4% (178 admissions from 272 applications). This is higher than the acceptance rate of 2015, which was 48.7%. Between 2015 and 2016, the number of applicants declined by 27.3%, while admissions declined by 2.2%.

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

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    Enrollment

    McNally Smith College of Music had a total enrollment of 376 students in 2016. The full-time enrollment at McNally Smith College of Music is 329 students and the part-time enrollment is 47. This means that 87.5% of students enrolled at McNally Smith College of Music are enrolled full-time.

    The enrolled student population at McNally Smith College of Music, both undergraduate and graduate, is 66.5% White, 10.9% Black or African American, 9.57% Two or More Races, 2.66% Asian, 1.86% Hispanic or Latino, and 0.532% American Indian or Alaska Native.

    Students enrolled at McNally Smith College of Music in full-time Undergraduate programs are most commonly White Male (48.4%), followed by White Female (20.2%) and Black or African American Male (6.4%). Students enrolled in full-time Graduate programs are most commonly White Male (38.9%), followed by Asian Male (22.2%) and Black or African American Male (22.2%).

    Full-Time vs Part-Time Enrollment

    87.5%
    Full-Time Enrollment

    The total enrollment at McNally Smith College of Music in 2016, both undergraduate and graduate, is 376 students. The full-time enrollment at McNally Smith College of Music is 329 and the part-time enrollment is 47. This means that 87.5% of students enrolled at McNally Smith College of Music are enrolled full-time compared with 74.1% at similar Special Focus Institutions.

    This chart shows the full-time vs part-time enrollment status at McNally Smith College of Music (in red) compares to similar universities.

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    Retention Rate over Time

    57%
    2016 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 McNally Smith College of Music was 57%. Compared with the full-time retention rate at similar Special Focus Institutions (76%), McNally Smith College of Music had a retention rate lower than its peers.

    This chart shows the retention rate over time at McNally Smith College of Music (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2016)
    1. White
      250 enrolled students
    2. Black or African American
      41 enrolled students
    3. Two or More Races
      36 enrolled students

    The enrolled student population at McNally Smith College of Music is 66.5% White, 10.9% Black or African American, 9.57% Two or More Races, 2.66% Asian, 1.86% Hispanic or Latino, and 0.532% 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 39.9% White, 19.4% Hispanic or Latino, and 17% 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, 1 students (0.266%) did not report their race.

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    Graduates

    In 2017, 29 fewer women than men received degrees from McNally Smith College of Music. The most common race/ethnicity group of degree recipients at McNally Smith College of Music is white (58 degrees awarded). There were 9.67 times more white recipients than the next closest race/ethnicity group, two or more races (6 degrees).

    The most common Bachelor's Degree concentration at McNally Smith College of Music is Music Theory & Composition (12 degrees awarded), followed by Music Technology (10 degrees) and Music Management (10 degrees).

    In 2017,  the most specialized majors across all degree types at McNally Smith College of Music, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (77 degrees awarded).

    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 McNally Smith College of Music are Graphic designers (94,402 people), Other managers (83,955 people), Elementary & middle school teachers (78,489 people), Other designers (59,536 people), and Postsecondary teachers (56,068 people).

    The most specialized majors at McNally Smith College of Music in 2017 are Visual & Performing Arts (77 degrees awarded) (as of 2017).

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    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 McNally Smith College of Music are Surgeons, Physicians, Crossing guards, Dentists, and Economists

    The most specialized majors at McNally Smith College of Music are Visual & Performing Arts (77 degrees awarded) (as of 2017).

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    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 McNally Smith College of Music are Elementary & secondary schools (185,954 people), Colleges, universities & professional schools, including junior colleges (130,506 people), Computer Systems Design (84,660 people), Specialized design services (58,910 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (52,514 people).

    The most specialized majors at McNally Smith College of Music are Visual & Performing Arts (77 degrees awarded) (as of 2017).

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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 McNally Smith College of Music.
    Most Common (2017)
    1. Stringed Instruments
      1 degrees awarded
    2. Music Technology
      1 degrees awarded
    3. Other Music
      1 degrees awarded

    In 2017, the most common 1 to 2 year postsecondary certificate concentration at McNally Smith College of Music was Stringed Instruments with 1 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at McNally Smith College of Music according to their major.

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    Sex Breakdown for Common Majors

    53
    Degrees Awarded to Men
    in 2017
    24
    Degrees Awarded to Women
    in 2017

    In 2017, 53 degrees were awarded to men at McNally Smith College of Music, which is 2.21 times more than the number of degrees awarded to females (24).

    This chart displays the sex disparity between the top 5 majors at McNally Smith College of Music by degrees awarded.

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    Most Common Male Majors

    In 2017, 17 degrees were awarded to men at McNally Smith College of Music in Music Technology, which is 8.5 times more than the 2 female recipients with that same degree.

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    Most Common Female Majors

    In 2017, 8 degrees were awarded to men at McNally Smith College of Music in Music Theory & Composition, which is 2 times more than the 4 male recipients with that same degree.

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    Time to Complete

    32%
    100% Completion Time
    46%
    150% Completion Time

    In 2016, 32% of students graduating from McNally Smith College of Music completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 46% completed their degrees within 150% of the normal time, and 48% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2017)
    1. White
      58 degrees awarded
    2. Two or More Races
      6 degrees awarded
    3. Black or African American
      3 degrees awarded

    The most common race/ethnicity at McNally Smith College of Music is white (58 degrees awarded). There were 9.67 times more white recipients than the next closest race/ethnicity group, two or more races (6 degrees).

    1.3% of degree recipients (1 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2017)
    1. White Male
      83 degrees awarded
    2. White Male
      82 degrees awarded
    3. White Male
      73 degrees awarded

    The most common race/ethnicity and sex grouping at McNally Smith College of Music is white male (83 degrees awarded). There were 1.01 times more white male recipients than the next closest race/ethnicity group, white male (82 degrees).

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    Operations

    In 2016, McNally Smith College of Music had a total salary expenditure of 11.8M. McNally Smith College of Music employs 37 Instructors. Most academics at McNally Smith College of Music are Male Instructor (31), and Female Instructor (6).

    The most common positions for non-instructional staff at McNally Smith College of Music are: Management, with 9 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 9 employees, and Sales and related with 7 employees.

    Salary Expenditure

    $6.14M
    2016 Salaries
    12.6%
    decline from 2015

    In 2016, McNally Smith College of Music paid a median of $6.14M in salaries, which represents 51.9% of their overall expenditure ($11.8M) and a 12.6% decline from the previous year. This is compared to a 10.2% decline between 2014 and 2015.

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    Instructional Salaries

    $1.97M
    Instructional Salaries
    37
    Number of Employees

    In 2016, McNally Smith College of Music paid a total of $1.97M to 37 employees working as instructors, which represents 32.1% of all salaries paid.

    This is compared to a median of $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    In 2016, the most common positions for non-instructional staff at McNally Smith College of Music were Management with 9 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 9 employees, and Sales and related with 7 employees.

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