The New School

www.newschool.edu/

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2021 Undergraduate Tuition

$51,122

2.61% growth from 2020

2021 Average Net Price

$43,547

After Financial Aid

2019 Student Loan

2.2%

Default Rate

2021 Acceptance Rate

66.3%

9,696 Applicants

2021 Enrolled Students

10,493

88% Full-Time

2021 Graduation Rate

69.9%

861 Graduates

About

The New School is a higher education institution located in New York County, NY. In 2021, the most popular Bachelors Degree concentrations at The New School were Fashion & Apparel Design (178 degrees awarded), Fine & Studio Arts Management (153 degrees), and Web Page, Digital, & Information Resource Design (148 degrees).

In 2021, 2,719 degrees were awarded across all undergraduate and graduate programs at The New School. 75.7% of these degrees were awarded to women, and 24.3% awarded men. The most common race/ethnicity group of degree recipients was white (906 degrees), 2.99 times more than then the next closest race/ethnicity group, hispanic or latino (303 degrees).

The median undergraduate tuition at The New School is $51,122, which is $22,130 more than the national average for Doctoral Universities ($28,992).

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at The New School is $51,122, which is $22,130 more than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $43,547.

In 2021, 98% of undergraduate students attending The New School received financial aid through grants. Comparatively, 25% of undergraduate students received financial aid through loans.

Tuition Costs

$51,122

2021 Undergraduate Tuition

In 2021, the cost of tuition at The New School was $51,122. The cost of tuition at The New School is $22,130 more than than the overall (public and private) national average for Doctoral Universities ($28,992).

This chart compares the tuition costs of The New School (in red) with those of other similar universities.

Average Net Price

$43,547

2021 Value

14.5%

1 Year Growth

In 2021 The New School had an average net price — the price paid after factoring in grants and loans — of $43,547. Between 2020 and 2021, the average net price of The New School grew by 14.5%.

This chart compares the average net price of The New School (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

$16,600

Room and Board

$1,604

Books and Supplies

The average yearly cost of room and board at The New School was of $16,600 in 2021. The cost of room and board did not change between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,604. The cost of books and supplies decreased by 5.2% during the same period.

This chart compares the average student costs at The New School (in red) with that of similar universities.

Financial Aid by Income Level

98%

Undergraduates Receiving Financial Aid through Grants

25%

Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at The New School received financial aid through grants or loans in 2021. This represents a growth of 15.3% with respect to 2020, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at The New School (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.

2.2%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at The New School was 2.2%, which represents 34 out of the 1546 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

The New School received 9,696 undergraduate applications in 2021, which represents a 11.4% annual growth. Out of those 9,696 applicants, 6,428 students were accepted for enrollment, representing a 66.3% acceptance rate.

There were 10,493 students enrolled at The New School in 2021. 28% of first-time enrollees submitted SAT scores with their applications.

The New School has an overall enrollment yield of 29.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

66.3%

Acceptance Rate in 2021

6,428

Accepted Out of 9,696

In 2021, the undergraduate acceptance rate of The New School was 66.3% (6,428 admissions from 9,696 applications). This is lower than the acceptance rate of 2020, which was 69.1%. Between 2020 and 2021, the number of applicants grew by 11.4%, while admissions grew by 6.92%..

This chart compares the acceptance rate of The New School (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

28%

Submission Percentage (2020)

353

Scores Submitted (2020)

28% of enrolled first-time students at The New School in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

The New School had a total enrollment of 10,493 students in 2021. The full-time enrollment at The New School is 9,236 students and the part-time enrollment is 1,257. This means that 88% of students enrolled at The New School are enrolled full-time.

The enrolled student population at The New School, both undergraduate and graduate, is 33.3% White, 10.4% Hispanic or Latino, 9.58% Asian, 4.78% Black or African American, 4.36% Two or More Races, 0.0858% Native Hawaiian or Other Pacific Islanders, and 0.0858% American Indian or Alaska Native.

Students enrolled at The New School in full-time Undergraduate programs are most commonly White Female (24.1%), followed by White Male (9.3%) and Asian Female (8.98%). Students enrolled in full-time Graduate programs are most commonly White Female (19.1%), followed by White Male (11.5%) and Hispanic or Latino Female (4.79%).

Full-Time vs Part-Time Enrollment

88%

Full-Time Enrollment

The total enrollment at The New School in 2021, both undergraduate and graduate, is 10,493 students. The full-time enrollment at The New School is 9,236 and the part-time enrollment is 1,257. This means that 88% of students enrolled at The New School are enrolled full-time compared with 76.6% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at The New School (in red) compares to similar universities.

Retention Rate over Time

83%

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 The New School was 83%. Compared with the full-time retention rate at similar Doctoral Universities (84%), The New School had a retention rate lower than its peers.

This chart shows the retention rate over time at The New School (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
3,497 enrolled students
Hispanic or Latino
1,092 enrolled students
Asian
1,005 enrolled students

The enrolled student population at The New School is 33.3% White, 10.4% Hispanic or Latino, 9.58% Asian, 4.78% Black or African American, 4.36% Two or More Races, 0.0858% Native Hawaiian or Other Pacific Islanders, and 0.0858% 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 Doctoral Universities is 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 370 students (3.53%) did not report their race.

Graduates

In 2021, 1,399 more women than men received degrees from The New School. The most common race/ethnicity group of degree recipients at The New School is white (906 degrees awarded). There were 2.99 times more white recipients than the next closest race/ethnicity group, hispanic or latino (303 degrees).

The most common Bachelor's Degree concentration at The New School is Fashion & Apparel Design (178 degrees awarded), followed by Fine & Studio Arts Management (153 degrees) and Web Page, Digital, & Information Resource Design (148 degrees).

In 2021, the most specialized majors across all degree types at The New School, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (1,206 degrees awarded), Architecture and Related Services (79 degrees), and English (141 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at The New School are Other managers (259,193 people), Elementary & middle school teachers (252,850 people), Postsecondary teachers (172,319 people), Lawyers, & judges, magistrates, & other judicial workers (154,283 people), and Secondary school teachers (125,829 people).

The most specialized majors at The New School in 2021 are Visual & Performing Arts (1,206 degrees awarded), Architecture and Related Services (79 degrees), English (141 degrees), Communications (258 degrees), and PHILOSOPHY AND RELIGIOUS STUDIES. (38 degrees) (as of 2021).

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 The New School are Surgeons, Nuclear medicine technologists and medical dosimetrists, Cardiovascular technologists and technicians, Aerospace engineers, and Computer and information research scientists

The most specialized majors at The New School are Visual & Performing Arts (1,206 degrees awarded), Architecture and Related Services (79 degrees), English (141 degrees), Communications (258 degrees), and PHILOSOPHY AND RELIGIOUS STUDIES. (38 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 The New School are Elementary & secondary schools (556,792 people), Colleges, universities & professional schools, including junior colleges (401,568 people), Computer Systems Design (218,274 people), Architectural, engineering & related services (192,560 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (152,932 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by The New School.

Most Common (2021)

Fashion & Apparel Design
178 degree-majors awarded
Fine & Studio Arts Management
153 degree-majors awarded
Web Page, Digital, & Information Resource Design
148 degree-majors awarded

In 2021, the most common bachelors degree concentration at The New School was Fashion & Apparel Design with 178 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at The New School according to their major.

Sex Breakdown for Common Majors

660

Degrees Awarded to Men

in 2021

2,059

Degrees Awarded to Women

in 2021

In 2021, 660 degrees were awarded to men at The New School, which is 0.321 times less than the number of degrees awarded to females (2,059).

This chart displays the sex disparity between the top 5 majors at The New School by degrees awarded.

Most Common Male Majors

In 2021, 53 degrees were awarded to men at The New School in Digital Communication & Multimedia, which is 0.321 times less than the 165 female recipients with that same degree.

Most Common Female Majors

In 2021, 189 degrees were awarded to men at The New School in Web Page, Digital, & Information Resource Design, which is 4.61 times more than the 41 male recipients with that same degree.

Time to Complete

57%

100% Completion Time

70%

150% Completion Time

In 2021, 57% of students graduating from The New School completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 71% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities 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.

Asian Female

Highest Graduation Rate (81.7%)

The student demographic with the highest graduation rate in 2021 at The New School is Female and Asian (81.7% graduation rate). Across all Doctoral Universities, 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, 3.14% of graduates (27 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
906 degrees awarded
Hispanic or Latino
303 degrees awarded
Asian
224 degrees awarded

The most common race/ethnicity at The New School is white (906 degrees awarded). There were 2.99 times more white recipients than the next closest race/ethnicity group, hispanic or latino (303 degrees).

3.6% of degree recipients (98 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
651 degrees awarded
White Male
255 degrees awarded
Hispanic or Latino Female
239 degrees awarded

The most common race/ethnicity and sex grouping at The New School is white female (651 degrees awarded). There were 2.55 times more white female recipients than the next closest race/ethnicity group, white male (255 degrees).

Operations

The New School has an endowment valued at nearly $482M, as of the end of the 2021 fiscal year. The return on its endowment was of 97.2M (20.2%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, The New School had a total salary expenditure of 386M. The New School employs 150 Assistant professors, 138 Associate professors and 94 Professors. Most academics at The New School are Female Assistant professor (84), Female Associate professor (70), and Male Associate professor (68).

The most common positions for non-instructional staff at The New School are: Management, with 416 employees, Service, with 132 employees, and Office and Administrative Support with 81 employees.

Endowment

$482M

2021 Endowment

22.5%

growth from 2020

The New School has an endowment valued at about $482M, as of the end of the 2021 fiscal year. The endowment of The New School grew 22.5% from the previous year. The value of their endowment was $94.6M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at The New School (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$8.53M - Federal
$110k - State
$214k - Local

As of 2021, The New School received $8.53M in grants and contracts from the federal government, $110k from state grants and contracts, and $214k from local grants and contracts.

Salary Expenditure

$173M

2021 Salaries

12.8%

decline from 2020

In 2021, The New School paid a median of $173M in salaries, which represents 44.8% of their overall expenditure ($386M) and a 12.8% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$44M

Instructional Salaries

399

Number of Employees

In 2021, The New School paid a total of $44M to 399 employees working as instructors, which represents 25.5% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Assistant professor

Most Common Instructor

150 Employees

Management

Most Common Non-Instructional Employee

416 Employees

In 2021, the most common positions for instructional staff at The New School were Assistant professor with 150 employees, Associate professor with 138 employees, and Professor with 94 employees.

In 2021, the most common positions for non-instructional staff at The New School were Management with 416 employees, Service with 132 employees, and Office and Administrative Support with 81 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Assistant professor
Female Associate professor
Male Associate professor

In 2021, the most common demographic for instructional staff at The New School was Female Assistant professor with 84 employees, Female Associate professor with 70 employees, and Male Associate professor with 68 employees.

This chart shows the sex split between each academic rank present at The New School.