Memphis College of Art (220808)

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2019 Undergraduate Tuition
$32,400
2016 Default Rate
19.1%
on Student Loans
2017 Acceptance Rate
54%
285 Applicants
2019 Enrolled Students
51
80.4% Full-Time

About

Memphis College of Art (220808) is a higher education institution located in Shelby County, TN. In 2019, the most popular Bachelors Degree concentrations at Memphis College of Art (220808) were Illustration (14 degrees awarded), Game & Interactive Media Design (13 degrees), and General Fine Studio Arts (13 degrees).

In 2019, 67 degrees were awarded across all undergraduate and graduate programs at Memphis College of Art (220808). 65.7% of these degrees were awarded to women, and 34.3% awarded men. The most common race/ethnicity group of degree recipients was white (39 degrees), 2.05 times more than then the next closest race/ethnicity group, black or african american (19 degrees).

The median undergraduate tuition at Memphis College of Art (220808) is $32,400, which is $17,459 more than the national average for Special Focus Institutions ($14,942).

In 2016 the default rate for borrower's at Memphis College of Art (220808) was 19.1%, corresponding to 29 out of the 152 total borrowers.

Costs

In 2019, the median undergraduate tuition at Memphis College of Art (220808) is $32,400

In 2019, 100% of undergraduate students attending Memphis College of Art (220808) received financial aid through grants. Comparatively, 75% of undergraduate students received financial aid through loans.

Tuition Costs

$32,400
2019 Undergraduate Tuition

In 2019, the cost of tuition at Memphis College of Art (220808) was $32,400.

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Average Net Price

This chart compares the average net price of Memphis College of Art (220808) (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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Financial Aid by Income Level

100%
Undergraduates Receiving Financial Aid through Grants
75%
Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Memphis College of Art (220808) received financial aid through grants or loans in 2019. This represents a growth of 1.01% with respect to 2018, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Memphis College of Art (220808) (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.
19.1%
2016 Default Rate
29
Number of Defaults

In 2016 the default rate for borrower's at Memphis College of Art (220808) was 19.1%, which represents 29 out of the 152 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

Memphis College of Art (220808) received 285 undergraduate applications in 2017, which represents a 26.5% annual growth. Out of those 285 applicants, 154 students were accepted for enrollment, representing a 54% acceptance rate.

There were 51 students enrolled at Memphis College of Art (220808) in 2019.

Memphis College of Art (220808) has an overall enrollment yield of 30.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

54%
Acceptance Rate in 2017
154
Accepted Out of 285

In 2017, the undergraduate acceptance rate of Memphis College of Art (220808) was 54% (154 admissions from 285 applications). This is higher than the acceptance rate of 2016, which was 39.2%. Between 2016 and 2017, the number of applicants declined by 26.5%, while admissions grew by 1.32%.

This chart compares the acceptance rate of Memphis College of Art (220808) (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

0% of enrolled first-time students at Memphis College of Art (220808) in 2017 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

Memphis College of Art (220808) had a total enrollment of 51 students in 2019. The full-time enrollment at Memphis College of Art (220808) is 41 students and the part-time enrollment is 10. This means that 80.4% of students enrolled at Memphis College of Art (220808) are enrolled full-time.

The enrolled student population at Memphis College of Art (220808), both undergraduate and graduate, is 47.1% Black or African American, 37.3% White, 7.84% Hispanic or Latino, and 5.88% Two or More Races.

Students enrolled at Memphis College of Art (220808) in full-time Undergraduate programs are most commonly Black or African American Female (32.5%), followed by Black or African American Male (20%) and White Female (17.5%). Students enrolled in full-time Graduate programs are most commonly White Female (100%).

Full-Time vs Part-Time Enrollment

80.4%
Full-Time Enrollment

The total enrollment at Memphis College of Art (220808) in 2019, both undergraduate and graduate, is 51 students. The full-time enrollment at Memphis College of Art (220808) is 41 and the part-time enrollment is 10. This means that 80.4% of students enrolled at Memphis College of Art (220808) 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 Memphis College of Art (220808) (in red) compares to similar universities.

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Retention Rate over Time

71%
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 Memphis College of Art (220808) was 71%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Memphis College of Art (220808) had a retention rate lower than its peers.

This chart shows the retention rate over time at Memphis College of Art (220808) (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2019)
  1. Black or African American
    24 enrolled students
  2. White
    19 enrolled students
  3. Hispanic or Latino
    4 enrolled students

The enrolled student population at Memphis College of Art (220808) is 47.1% Black or African American, 37.3% White, 7.84% Hispanic or Latino, and 5.88% Two or More Races. 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.

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Graduates

In 2019, 21 more women than men received degrees from Memphis College of Art (220808). The most common race/ethnicity group of degree recipients at Memphis College of Art (220808) is white (39 degrees awarded). There were 2.05 times more white recipients than the next closest race/ethnicity group, black or african american (19 degrees).

The most common Bachelor's Degree concentration at Memphis College of Art (220808) is Illustration (14 degrees awarded), followed by Game & Interactive Media Design (13 degrees) and General Fine Studio Arts (13 degrees).

In 2019,  the most specialized majors across all degree types at Memphis College of Art (220808), meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (58 degrees awarded) and Education (9 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Memphis College of Art (220808) are Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Memphis College of Art (220808) in 2019 are Visual & Performing Arts (58 degrees awarded) and Education (9 degrees) (as of 2019).

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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 Memphis College of Art (220808) are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Memphis College of Art (220808) are Visual & Performing Arts (58 degrees awarded) and Education (9 degrees) (as of 2019).

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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 Memphis College of Art (220808) are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Memphis College of Art (220808) are Visual & Performing Arts (58 degrees awarded) and Education (9 degrees) (as of 2019).

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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 Memphis College of Art (220808).
Most Common (2019)
  1. 14 degrees awarded
  2. 13 degrees awarded
  3. 13 degrees awarded

In 2019, the most common bachelors degree concentration at Memphis College of Art (220808) was Illustration with 14 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Memphis College of Art (220808) according to their major.

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Sex Breakdown for Common Majors

23
Degrees Awarded to Men
in 2019
44
Degrees Awarded to Women
in 2019

In 2019, 23 degrees were awarded to men at Memphis College of Art (220808), which is 0.523 times less than the number of degrees awarded to females (44).

This chart displays the sex disparity between the top 5 majors at Memphis College of Art (220808) by degrees awarded.

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Most Common Male Majors

In 2019, 8 degrees were awarded to men at Memphis College of Art (220808) in Game & Interactive Media Design, which is 1.6 times more than the 5 female recipients with that same degree.

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Most Common Female Majors

In 2019, 12 degrees were awarded to men at Memphis College of Art (220808) in General Fine Studio Arts, which is 12 times more than the 1 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2019 at Memphis College of Art (220808) is Female and Asian (100% 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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2019)
  1. White
    39 degrees awarded
  2. Black or African American
    19 degrees awarded
  3. Hispanic or Latino
    5 degrees awarded

The most common race/ethnicity at Memphis College of Art (220808) is white (39 degrees awarded). There were 2.05 times more white recipients than the next closest race/ethnicity group, black or african american (19 degrees).

1.49% of degree recipients (1 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2019)
  1. White Female
    28 degrees awarded
  2. Black or African American Female
    11 degrees awarded
  3. White Male
    11 degrees awarded

The most common race/ethnicity and sex grouping at Memphis College of Art (220808) is white female (28 degrees awarded). There were 2.55 times more white female recipients than the next closest race/ethnicity group, black or african american female (11 degrees).

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Operations

Memphis College of Art (220808) has an endowment valued at nearly $1.26M, as of the end of the 2019 fiscal year. The return on its endowment was of 93.7k (7.43%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2019, Memphis College of Art (220808) had a total salary expenditure of 5.36M. Memphis College of Art (220808) employs 2 Professors, 2 Associate professors and 1 Instructors. Most academics at Memphis College of Art (220808) are Male Instructor (1), Male Professor (1), and Female Professor (1).

The most common positions for non-instructional staff at Memphis College of Art (220808) are: Service, with 10 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 6 employees, and Management with 4 employees.

Endowment

$1.26M
2019 Endowment
72.5%
decline from 2018

Memphis College of Art (220808) has an endowment valued at about $1.26M, as of the end of the 2019 fiscal year. The endowment of Memphis College of Art (220808) declined 72.5% from the previous year. The value of their endowment was $10.4M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Memphis College of Art (220808) (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

$2.14M
2019 Salaries
46.3%
decline from 2018

In 2019, Memphis College of Art (220808) paid a median of $2.14M in salaries, which represents 40% of their overall expenditure ($5.36M) and a 46.3% decline from the previous year. This is compared to a 17.4% decline between 2017 and 2018, and a 0.584% growth between 2016 and 2017.

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

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Instructional Salaries

$293k
Instructional Salaries
5
Number of Employees

In 2019, Memphis College of Art (220808) paid a total of $293k to 5 employees working as instructors, which represents 13.7% 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

Professor
Most Common Instructor
2 Employees
Service
Most Common Non-Instructional Employee
10 Employees

In 2019, the most common positions for instructional staff at Memphis College of Art (220808) were Professor with 2 employees, Associate professor with 2 employees, and Instructor with 1 employees.

In 2019, the most common positions for non-instructional staff at Memphis College of Art (220808) were Service with 10 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 6 employees, and Management with 4 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2019)
  1. Male Instructor
  2. Male Professor
  3. Female Professor

In 2019, the most common demographic for instructional staff at Memphis College of Art (220808) was Male Instructor with 1 employees, Male Professor with 1 employees, and Female Professor with 1 employees.

This chart shows the sex split between each academic rank present at Memphis College of Art (220808).

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