The New School

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2016 Undergraduate Tuition

$44,555

3.44% growth from 2015

2016 Average Net Price

$45,504

After Financial Aid

2015 Student Loan

5.73%

Default Rate

2016 Acceptance Rate

60.1%

8,997 Applicants

2016 Enrolled Students

10,301

84% Full-Time

2016 Graduation Rate

68.4%

773 Graduates

About

The New School is a higher education institution located in New York County, NY. In 2016, the most popular Bachelor's Degree concentrations at The New School were Fashion & Apparel Design (252 degrees awarded), Fine & Studio Arts Management (133 degrees), and Liberal Arts & Sciences (126 degrees).

In 2016, 3,129 degrees were awarded across all undergraduate and graduate programs at The New School. 70.8% of these degrees were awarded to women, and 29.2% awarded men. The majority of degree recipients were white (1,121 degrees), 3.99 times more than then the next closest race/ethnicity group, hispanic or latino (281 degrees).

The median undergraduate tuition at The New School is $44,555, which is $18,699 more than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at The New School is $44,555, which is $18,699 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $45,504.

In 2016, 87% of undergraduate students received federal grants, while 35% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$44,555

2016 Undergraduate Tuition

In 2016, the cost of tuition at The New School was $44,555. The cost of tuition at The New School is $18,699 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

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Average Net Price

$45,504

2016 Value

5.02%

1 Year Growth

In 2016 The New School had an average net price — the price paid after factoring in grants and loans — of $45,504. Between 2015 and 2016, the average net price of The New School grew by 5.02%.

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.

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Other Student Expenses

$15,965

Room and Board

$1,573

Books and Supplies

The average yearly cost of room and board at The New School was of $15,965 in 2016. During the same period, the average yearly cost of books and supplies was $1,573. The cost of room and board increased by 7.02% between 2015 and 2016. The cost of books and supplies decreased by 0.443% during the same period.

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Financial Aid

Financial Aid by Income Level

87%

Of Undergraduates Receive Grants

35%

Of Undergraduates Receive Federal Loans

87% of undergraduate students at The New School received grants or loans in 2016. This represents a growth of 4.82% with respect to 2015, when 83% 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.

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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.

5.73%

2015 Default Rate

121

Number of Defaults

In 2015 the default rate for borrower's at The New School was 5.73%, which represents 121 out of the 2111 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

The New School received 8,997 undergraduate applications in 2016, which represents a 22.6% annual growth. Out of those 8,997 applicants, 5,406 students were accepted for enrollment, representing a 60.1% acceptance rate.

There were 10,301 students enrolled at The New School in 2016, and 34% of first-time enrollees submitted SAT scores with their applications.

The New School has an overall enrollment yield of 29.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

60.1%

Acceptance Rate in 2016

5,406

Accepted Out of 8,997

In 2016, the undergraduate acceptance rate of The New School was 60.1% (5,406 admissions from 8,997 applications). This is lower than the acceptance rate of 2015, which was 66.6%. Between 2015 and 2016, the number of applicants grew by 22.6%, while admissions grew by 10.6%.

This chart compares the acceptance rate of The New School (in red) with that of other similar universities.

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SAT Scores

34%

Submission Percentage

554

Scores Submitted

34% of enrolled first-time students at The New School in 2016 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.

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Enrollment

The New School has a total enrollment of 10,301 students. The full-time enrollment at The New School is 8,652 students and the part-time enrollment is 1,649. This means that 84% of students enrolled at The New School are enrolled full-time.

The enrolled student population at The New School, both undergraduate and graduate, is 33.4% White, 10.9% Hispanic or Latino, 7.78% Asian, 5.95% Black or African American, 3.28% Two or More Races, 0.146% Native Hawaiian or Other Pacific Islanders, and 0.136% American Indian or Alaska Native.

Students enrolled at The New School in full-time Undergraduate programs are majority White Female (22.4%), followed by White Male (9.55%) and Hispanic or Latino Female (8.82%). Students enrolled in full-time Graduate programs are majority White Female (18.2%), followed by White Male (12.8%) and Hispanic or Latino Female (5.26%).

Full-Time vs Part-Time Enrollment

84%

Full-Time Enrollment

The total enrollment at The New School, both undergraduate and graduate, is 10,301 students. The full-time enrollment at The New School is 8,652 and the part-time enrollment is 1,649. This means that 84% of students enrolled at The New School are enrolled full-time compared with 78.1% 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.

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Retention Rate over Time

82%

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 The New School was 82%. Compared with the full-time retention rate at similar Doctoral Universities (83%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    3,442

  2. Hispanic or Latino

    1,118

  3. Asian

    801

The enrolled student population at The New School is 33.4% White, 10.9% Hispanic or Latino, 7.78% Asian, 5.95% Black or African American, 3.28% Two or More Races, 0.146% Native Hawaiian or Other Pacific Islanders, and 0.136% 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 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 498 students (4.83%) did not report their race.

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Graduates

In 2016, 1301 more women than men received degrees from The New School. The majority of degree recipients at The New School are white (1,121 degrees awarded). There were 3.99 times more white graduates than the next closest race/ethnicity group, hispanic or latino (281 degrees).

The most common Bachelor's Degree concentration at The New School is Fashion & Apparel Design (252 degrees awarded), followed by Fine & Studio Arts Management (133 degrees) and Liberal Arts & Sciences (126 degrees).

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 (1,811 degrees awarded), Architecture and Related Services (68 degrees), and Philosophy and Religious Studies (51 degrees).

Workforce

Common Jobs by Major

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 Miscellaneous managers (284,562 people), Elementary & middle school teachers (280,596 people), Designers (240,563 people), Postsecondary teachers (164,184 people), and Lawyers, & judges, magistrates, & other judicial workers (144,767 people).

The most specialized majors at The New School are Visual & Performing Arts (1,811 degrees awarded), Architecture and Related Services (68 degrees), Philosophy and Religious Studies (51 degrees), English (124 degrees), and Communications (199 degrees).

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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 The New School are Physicians & surgeons, Dentists, Dental hygienists, Chief executives & legislators, and Financial analysts

The most specialized majors at The New School are Visual & Performing Arts (1,811 degrees awarded), Architecture and Related Services (68 degrees), Philosophy and Religious Studies (51 degrees), English (124 degrees), and Communications (199 degrees).

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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 The New School are Elementary & secondary schools (515,629 people), Colleges, universities & professional schools, including junior colleges (373,317 people), Architectural, engineering & related services (183,664 people), Computer Systems Design (173,505 people), and Hospitals (148,989 people).

The most specialized majors at The New School are Visual & Performing Arts (1,811 degrees awarded), Architecture and Related Services (68 degrees), Philosophy and Religious Studies (51 degrees), English (124 degrees), and Communications (199 degrees).

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Degrees

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

  1. 252 degrees awarded

  2. 133 degrees awarded

  3. 126 degrees awarded

In 2016, the most common bachelors degree concentration at The New School was Fashion & Apparel Design with 252 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 914

  2. 2,215

In 2016, 914 degrees were awarded to men at The New School, which is 0.413 times less than the number of degrees awarded to females (2,215).

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

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Most Common Male Majors

In 2016, 59 degrees were awarded to men at The New School in Fine & Studio Arts Management, which is 0.326 times less than the 181 female recipients with that same degree.

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Most Common Female Majors

In 2016, 339 degrees were awarded to women at The New School in Fashion & Apparel Design, which is 6.28 times more than the 54 male recipients with that same degree.

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Time to Complete

48%

100% Completion Time

62%

150% Completion Time

In 2016, 48% of students graduating from The New School completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% 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 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (85.1%)

The student demographic with the highest graduation rate at The New School is Female and Asian (85.1% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 2.2% of graduates (17 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,121 degrees awarded

  2. Hispanic or Latino

    281 degrees awarded

  3. Asian

    229 degrees awarded

The most common race/ethnicity at The New School is white (1,121 degrees awarded). There were 3.99 times more white recipients than the next closest race/ethnicity group, hispanic or latino (281 degrees).

4.25% of degree recipients (133 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    750 degrees awarded

  2. White Male

    371 degrees awarded

  3. Hispanic or Latino Female

    185 degrees awarded

The most common race/ethnicity and gender grouping at The New School is white female (750 degrees awarded). There were 2.02 times more white female recipients than the next closest race/ethnicity group, white male (371 degrees).

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Operations

The New School has an endowment valued at nearly $347M, as of the end of the 2015 fiscal year. The return on its endowment was of $9.01M (2.6%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, The New School had a total expenditure of $358M. Of that $358M, they spent $163M on salaries and $358M on benefits.

The New School employs 177 Assistant professors, 138 Associate professors, and 91 Professors. Most academics at The New School are Female Assistant professors (93), Male Assistant professors(84), and Male Associate professors (75).

The most common positions for non-instructional staff at The New School are: Management, with 363 employees, Office and Administrative Support, with 133 employees, and Service with 124 employees.

Finances

Endowment

$347M

2015 Endowment

15.7%

growth from 2014

The New School has an endowment valued at about $347M, as of the end of the 2015 fiscal year. The endowment of The New School grew 15.7% from the previous year. The value of their endowment was $75.9M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $3.88M - Federal

  2. $392k - State

  3. $440k - Local

As of 2015, The New School received $3.88M in grants and contracts from the federal government, $392k from state grants and contracts, and $440k from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$163M

Salary Expenditure

$358M

Benefits Expenditure

In 2015, The New School had a total expenditure of $358M. Of that $358M, they spent $163M on salaries and $358M on benefits.

The bar chart shows the share of the primary expenses at The New School over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at The New School as a share of total expenditure.

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Salary Expenditure

$163M

2015 Salaries

3.38%

growth from 2014

In 2015, The New School paid a median of $163M in salaries, which represents 45.4% of their overall expenditure ($358M) and a 3.38% growth from the previous year. This is compared to a 4.14% growth from 2013 and a 3.05% decline from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$38.8M

Instructional Salaries

412

Number of Employees

In 2015, The New School paid a total of $38.8M to 412 employees working as instructors, which represents 23.9% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

177 Employees

Management

Most Common Non-Instructional Employee

363 Employees

In 2016, the most common positions for instructional staff at The New School were Assistant professor with 177 employees; Associate professor with 138 employees; and Associate professor with 91 employees.

In 2016, the most common positions for non-instructional staff at The New School were Management with 363 employees; Office and Administrative Support with 133 employees; and Service with 124 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Assistant professor

  2. Male Assistant professor

  3. Male Associate professor

In 2016, the most common demographic for instructional staff at The New School was Female Assistant professor with 93 employees, Male Assistant professor with 84 employees, and Male Associate professor with 75 employees.

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

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