Minneapolis College of Art and Design

mcad.edu/

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2021 Undergraduate Tuition

$41,344

2021 Average Net Price

$28,520

After Financial Aid

2019 Student Loan

0.913%

Default Rate

2021 Acceptance Rate

65.5%

638 Applicants

2021 Enrolled Students

775

91% Full-Time

2021 Graduation Rate

66.2%

96 Graduates

About

Minneapolis College of Art and Design is a higher education institution located in Hennepin County, MN. In 2021, the most popular Bachelors Degree concentrations at Minneapolis College of Art and Design were Illustration (50 degrees awarded), Animation, Interactive Technology, Video Graphics, & Special Effects (36 degrees), and Graphic Design (17 degrees).

In 2021, 177 degrees were awarded across all undergraduate and graduate programs at Minneapolis College of Art and Design. 74% of these degrees were awarded to women, and 26% awarded men. The most common race/ethnicity group of degree recipients was white (112 degrees), 7 times more than then the next closest race/ethnicity group, hispanic or latino (16 degrees).

The median undergraduate tuition at Minneapolis College of Art and Design is $41,344, which is $26,844 more than the national average for Special Focus Institutions ($14,500).

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

Costs

In 2021, the median undergraduate tuition at Minneapolis College of Art and Design is $41,344, which is $26,844 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 $28,520.

In 2021, 100% of undergraduate students attending Minneapolis College of Art and Design received financial aid through grants. Comparatively, 90% of undergraduate students received financial aid through loans.

Tuition Costs

$41,344

2021 Undergraduate Tuition

In 2021, the cost of tuition at Minneapolis College of Art and Design was $41,344. The cost of tuition at Minneapolis College of Art and Design is $26,844 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

This chart compares the tuition costs of Minneapolis College of Art and Design (in red) with those of other similar universities.

Average Net Price

$28,520

2021 Value

2.82%

1 Year Growth

In 2021 Minneapolis College of Art and Design had an average net price — the price paid after factoring in grants and loans — of $28,520. Between 2020 and 2021, the average net price of Minneapolis College of Art and Design grew by 2.82%.

This chart compares the average net price of Minneapolis College of Art and Design (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.

Other Student Expenses

$8,380

Room and Board

$3,164

Books and Supplies

The average yearly cost of room and board at Minneapolis College of Art and Design was of $8,380 in 2021. The cost of room and board increased by 2.75% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $3,164. The cost of books and supplies increased by 3.4% during the same period.

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

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

90%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Minneapolis College of Art and Design received financial aid through grants or loans in 2021. This represents a growth of 3.09% with respect to 2020, when 97% of undergraduate students received financial aid.

This chart compares the average award discount at Minneapolis College of Art and Design (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.

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.

0.913%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Minneapolis College of Art and Design was 0.913%, which represents 2 out of the 219 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.

Admissions

Minneapolis College of Art and Design received 638 undergraduate applications in 2021, which represents a 8.2% annual growth. Out of those 638 applicants, 418 students were accepted for enrollment, representing a 65.5% acceptance rate.

There were 775 students enrolled at Minneapolis College of Art and Design in 2021.

Minneapolis College of Art and Design has an overall enrollment yield of 39%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65.5%

Acceptance Rate in 2021

418

Accepted Out of 638

In 2021, the undergraduate acceptance rate of Minneapolis College of Art and Design was 65.5% (418 admissions from 638 applications). This is higher than the acceptance rate of 2020, which was 54.7%. Between 2020 and 2021, the number of applicants grew by 8.2%, while admissions grew by 10%..

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

Enrollment

Minneapolis College of Art and Design had a total enrollment of 775 students in 2021. The full-time enrollment at Minneapolis College of Art and Design is 705 students and the part-time enrollment is 70. This means that 91% of students enrolled at Minneapolis College of Art and Design are enrolled full-time.

The enrolled student population at Minneapolis College of Art and Design, both undergraduate and graduate, is 63% White, 9.94% Hispanic or Latino, 8.13% Asian, 5.68% Black or African American, 4.39% Two or More Races, and 2.19% American Indian or Alaska Native.

Students enrolled at Minneapolis College of Art and Design in full-time Undergraduate programs are most commonly White Female (45%), followed by White Male (19%) and Hispanic or Latino Female (6.75%). Students enrolled in full-time Graduate programs are most commonly White Female (36.8%), followed by White Male (13.2%) and Hispanic or Latino Female (5.26%).

Full-Time vs Part-Time Enrollment

91%

Full-Time Enrollment

The total enrollment at Minneapolis College of Art and Design in 2021, both undergraduate and graduate, is 775 students. The full-time enrollment at Minneapolis College of Art and Design is 705 and the part-time enrollment is 70. This means that 91% of students enrolled at Minneapolis College of Art and Design 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 Minneapolis College of Art and Design (in red) compares to similar universities.

Retention Rate over Time

77%

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 Minneapolis College of Art and Design was 77%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Minneapolis College of Art and Design had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
488 enrolled students
Hispanic or Latino
77 enrolled students
Asian
63 enrolled students

The enrolled student population at Minneapolis College of Art and Design is 63% White, 9.94% Hispanic or Latino, 8.13% Asian, 5.68% Black or African American, 4.39% Two or More Races, and 2.19% 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 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, 20 students (2.58%) did not report their race.

Graduates

In 2021, 85 more women than men received degrees from Minneapolis College of Art and Design. The most common race/ethnicity group of degree recipients at Minneapolis College of Art and Design is white (112 degrees awarded). There were 7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

The most common Bachelor's Degree concentration at Minneapolis College of Art and Design is Illustration (50 degrees awarded), followed by Animation, Interactive Technology, Video Graphics, & Special Effects (36 degrees) and Graphic Design (17 degrees).

In 2021, the most specialized majors across all degree types at Minneapolis College of Art and Design, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (36 degrees awarded), Visual & Performing Arts (126 degrees), and Precision Production (4 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Minneapolis College of Art and Design are Accountants & auditors (1,051,221 people), Other managers (800,599 people), Financial managers (488,122 people), Chief executives & legislators (403,400 people), and Firstline supervisors of retail sales workers (318,849 people).

The most specialized majors at Minneapolis College of Art and Design in 2021 are Communication Technologies (36 degrees awarded), Visual & Performing Arts (126 degrees), Precision Production (4 degrees), Communications (4 degrees), and Business (7 degrees) (as of 2021).

Highest Paying Jobs by Major

Nuclear medicine technologists and medical dosimetrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Minneapolis College of Art and Design are Nuclear medicine technologists and medical dosimetrists, Surgeons, Physicians, Magnetic resonance imaging technologists, and Chief executives & legislators

The most specialized majors at Minneapolis College of Art and Design are Communication Technologies (36 degrees awarded), Visual & Performing Arts (126 degrees), Precision Production (4 degrees), Communications (4 degrees), and Business (7 degrees) (as of 2021).

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 Minneapolis College of Art and Design are Elementary & secondary schools (744,295 people), Computer Systems Design (588,908 people), Colleges, universities & professional schools, including junior colleges (530,914 people), Banking & related activities (515,049 people), and Insurance carriers (443,029 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Minneapolis College of Art and Design.

Most Common (2021)

Illustration
50 degree-majors awarded
Animation, Interactive Technology, Video Graphics, & Special Effects
36 degree-majors awarded
Graphic Design
17 degree-majors awarded

In 2021, the most common bachelors degree concentration at Minneapolis College of Art and Design was Illustration with 50 degrees awarded.

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

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

131

Degrees Awarded to Women

in 2021

In 2021, 46 degrees were awarded to men at Minneapolis College of Art and Design, which is 0.351 times less than the number of degrees awarded to females (131).

This chart displays the sex disparity between the top 5 majors at Minneapolis College of Art and Design by degrees awarded.

Most Common Male Majors

In 2021, 10 degrees were awarded to men at Minneapolis College of Art and Design in Animation, Interactive Technology, Video Graphics, & Special Effects, which is 0.385 times less than the 26 female recipients with that same degree.

Most Common Female Majors

In 2021, 40 degrees were awarded to men at Minneapolis College of Art and Design in Illustration, which is 4 times more than the 10 male recipients with that same degree.

Time to Complete

52%

100% Completion Time

64%

150% Completion Time

In 2021, 52% of students graduating from Minneapolis College of Art and Design completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 64% completed their degrees within 150% of the normal time, and 64% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Hispanic or Latino Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Minneapolis College of Art and Design is Male and Hispanic or Latino (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, 7.29% of graduates (7 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
112 degrees awarded
Hispanic or Latino
16 degrees awarded
Asian
14 degrees awarded

The most common race/ethnicity at Minneapolis College of Art and Design is white (112 degrees awarded). There were 7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

6.78% of degree recipients (12 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
86 degrees awarded
White Male
26 degrees awarded
Hispanic or Latino Female
12 degrees awarded

The most common race/ethnicity and sex grouping at Minneapolis College of Art and Design is white female (86 degrees awarded). There were 3.31 times more white female recipients than the next closest race/ethnicity group, white male (26 degrees).

Operations

Minneapolis College of Art and Design has an endowment valued at nearly $62.9M, as of the end of the 2021 fiscal year. The return on its endowment was of 12.6M (20%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Minneapolis College of Art and Design had a total salary expenditure of 22.8M. Minneapolis College of Art and Design employs 19 Professors, 8 Associate professors and 5 Assistant professors. Most academics at Minneapolis College of Art and Design are Male Professor (11), Female Professor (8), and Male Associate professor (4).

The most common positions for non-instructional staff at Minneapolis College of Art and Design are: Management, with 37 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 36 employees, and Natural Resources, Construction, and Maintenance with 13 employees.

Endowment

$62.9M

2021 Endowment

18.1%

growth from 2020

Minneapolis College of Art and Design has an endowment valued at about $62.9M, as of the end of the 2021 fiscal year. The endowment of Minneapolis College of Art and Design grew 18.1% from the previous year. The value of their endowment was $50.3M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Minneapolis College of Art and Design (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.

Salary Expenditure

$11.2M

2021 Salaries

5.2%

decline from 2020

In 2021, Minneapolis College of Art and Design paid a median of $11.2M in salaries, which represents 49.3% of their overall expenditure ($22.8M) and a 5.2% decline from the previous year.

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

Instructional Salaries

$2.53M

Instructional Salaries

Number of Employees

In 2021, Minneapolis College of Art and Design paid a total of $2.53M to 35 employees working as instructors, which represents 22.6% of all salaries paid.

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

Occupations by Share

Professor

Most Common Instructor

19 Employees

Management

Most Common Non-Instructional Employee

37 Employees

In 2021, the most common positions for instructional staff at Minneapolis College of Art and Design were Professor with 19 employees, Associate professor with 8 employees, and Assistant professor with 5 employees.

In 2021, the most common positions for non-instructional staff at Minneapolis College of Art and Design were Management with 37 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 36 employees, and Natural Resources, Construction, and Maintenance with 13 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Professor
Male Associate professor

In 2021, the most common demographic for instructional staff at Minneapolis College of Art and Design was Male Professor with 11 employees, Female Professor with 8 employees, and Male Associate professor with 4 employees.

This chart shows the sex split between each academic rank present at Minneapolis College of Art and Design.