Pennsylvania Academy of the Fine Arts

https://www.pafa.org/

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2021 Undergraduate Tuition

$38,926

2021 Average Net Price

$29,925

After Financial Aid

2019 Student Loan

2.86%

Default Rate

2021 Acceptance Rate

83.6%

244 Applicants

2021 Enrolled Students

356

98.3% Full-Time

2021 Graduation Rate

47.2%

34 Graduates

About

Pennsylvania Academy of the Fine Arts is a higher education institution located in Philadelphia County, PA. In 2021, the most popular Masters Degree concentrations at Pennsylvania Academy of the Fine Arts were General Fine Studio Arts (27 degrees awarded).

In 2021, 72 degrees were awarded across all undergraduate and graduate programs at Pennsylvania Academy of the Fine Arts. 75% of these degrees were awarded to women, and 25% awarded men. The most common race/ethnicity group of degree recipients was white (46 degrees), 7.67 times more than then the next closest race/ethnicity group, hispanic or latino (6 degrees).

The median undergraduate tuition at Pennsylvania Academy of the Fine Arts is $38,926, which is $24,426 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 Pennsylvania Academy of the Fine Arts is $38,926, which is $24,426 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 $29,925.

In 2021, 100% of undergraduate students attending Pennsylvania Academy of the Fine Arts received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$38,926

2021 Undergraduate Tuition

In 2021, the cost of tuition at Pennsylvania Academy of the Fine Arts was $38,926. The cost of tuition at Pennsylvania Academy of the Fine Arts is $24,426 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

This chart compares the tuition costs of Pennsylvania Academy of the Fine Arts (in red) with those of other similar universities.

Average Net Price

$29,925

2021 Value

24.9%

1 Year Growth

In 2021 Pennsylvania Academy of the Fine Arts had an average net price — the price paid after factoring in grants and loans — of $29,925. Between 2020 and 2021, the average net price of Pennsylvania Academy of the Fine Arts grew by 24.9%.

This chart compares the average net price of Pennsylvania Academy of the Fine Arts (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

$15,640

Room and Board

$1,748

Books and Supplies

The average yearly cost of room and board at Pennsylvania Academy of the Fine Arts was of $15,640 in 2021. The cost of room and board increased by 4.34% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,748. The cost of books and supplies increased by 8.44% during the same period.

This chart compares the average student costs at Pennsylvania Academy of the Fine Arts (in red) with that of similar universities.

Financial Aid by Income Level

100%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

100% of undergraduate students at Pennsylvania Academy of the Fine Arts received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 100% of undergraduate students received financial aid.

This chart compares the average award discount at Pennsylvania Academy of the Fine Arts (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.

2.86%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Pennsylvania Academy of the Fine Arts was 2.86%, which represents 2 out of the 70 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

Pennsylvania Academy of the Fine Arts received 244 undergraduate applications in 2021, which represents a 29.1% annual growth. Out of those 244 applicants, 204 students were accepted for enrollment, representing a 83.6% acceptance rate.

There were 356 students enrolled at Pennsylvania Academy of the Fine Arts in 2021.

Pennsylvania Academy of the Fine Arts has an overall enrollment yield of 9.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

83.6%

Acceptance Rate in 2021

204

Accepted Out of 244

In 2021, the undergraduate acceptance rate of Pennsylvania Academy of the Fine Arts was 83.6% (204 admissions from 244 applications). This is lower than the acceptance rate of 2020, which was 87.8%. Between 2020 and 2021, the number of applicants grew by 29.1%, while admissions declined by −32.5%..

This chart compares the acceptance rate of Pennsylvania Academy of the Fine Arts (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

Enrollment

Pennsylvania Academy of the Fine Arts had a total enrollment of 356 students in 2021. The full-time enrollment at Pennsylvania Academy of the Fine Arts is 350 students and the part-time enrollment is 6. This means that 98.3% of students enrolled at Pennsylvania Academy of the Fine Arts are enrolled full-time.

The enrolled student population at Pennsylvania Academy of the Fine Arts, both undergraduate and graduate, is 59.6% White, 8.99% Two or More Races, 7.87% Black or African American, 4.49% Asian, 3.93% Hispanic or Latino, and 1.12% American Indian or Alaska Native.

Students enrolled at Pennsylvania Academy of the Fine Arts in full-time Undergraduate programs are most commonly White Female (47.1%), followed by White Male (15.1%) and Two or More Races Female (10.9%). Students enrolled in full-time Graduate programs are most commonly White Female (48.2%), followed by Black or African American Female (7.14%) and Asian Female (5.36%).

Full-Time vs Part-Time Enrollment

98.3%

Full-Time Enrollment

The total enrollment at Pennsylvania Academy of the Fine Arts in 2021, both undergraduate and graduate, is 356 students. The full-time enrollment at Pennsylvania Academy of the Fine Arts is 350 and the part-time enrollment is 6. This means that 98.3% of students enrolled at Pennsylvania Academy of the Fine Arts 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 Pennsylvania Academy of the Fine Arts (in red) compares to similar universities.

Retention Rate over Time

84%

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 Pennsylvania Academy of the Fine Arts was 84%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), Pennsylvania Academy of the Fine Arts had a retention rate higher than its peers.

This chart shows the retention rate over time at Pennsylvania Academy of the Fine Arts (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
212 enrolled students
Two or More Races
32 enrolled students
Black or African American
28 enrolled students

The enrolled student population at Pennsylvania Academy of the Fine Arts is 59.6% White, 8.99% Two or More Races, 7.87% Black or African American, 4.49% Asian, 3.93% Hispanic or Latino, and 1.12% 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, 26 students (7.3%) did not report their race.

Graduates

In 2021, 36 more women than men received degrees from Pennsylvania Academy of the Fine Arts. The most common race/ethnicity group of degree recipients at Pennsylvania Academy of the Fine Arts is white (46 degrees awarded). There were 7.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (6 degrees).

The most common Masters Degree concentration at Pennsylvania Academy of the Fine Arts is General Fine Studio Arts (27 degrees awarded).

In 2021, the most specialized majors across all degree types at Pennsylvania Academy of the Fine Arts, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (72 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 Pennsylvania Academy of the Fine Arts are Graphic designers (87,801 people), Elementary & middle school teachers (81,019 people), Other managers (71,519 people), Other designers (59,060 people), and Postsecondary teachers (53,913 people).

The most specialized majors at Pennsylvania Academy of the Fine Arts in 2021 are Visual & Performing Arts (72 degrees awarded) (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 Pennsylvania Academy of the Fine Arts are Surgeons, Physicians, Credit analysts, Economists, and Magnetic resonance imaging technologists

The most specialized majors at Pennsylvania Academy of the Fine Arts are Visual & Performing Arts (72 degrees awarded) (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 Pennsylvania Academy of the Fine Arts are Elementary & secondary schools (169,855 people), Colleges, universities & professional schools, including junior colleges (117,241 people), Computer Systems Design (65,551 people), Specialized design services (59,386 people), and Restaurants & Food Services (47,766 people).

The most specialized majors at Pennsylvania Academy of the Fine Arts are Visual & Performing Arts (72 degrees awarded) (as of 2021).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Pennsylvania Academy of the Fine Arts.

Most Common (2021)

Painting
16 degree-majors awarded
Illustration
10 degree-majors awarded
Drawing
6 degree-majors awarded

In 2021, the most common bachelors degree concentration at Pennsylvania Academy of the Fine Arts was Painting with 16 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Pennsylvania Academy of the Fine Arts according to their major.

Sex Breakdown for Common Majors

Degrees Awarded to Men

in 2021

Degrees Awarded to Women

in 2021

In 2021, 18 degrees were awarded to men at Pennsylvania Academy of the Fine Arts, which is 0.333 times less than the number of degrees awarded to females (54).

This chart displays the sex disparity between the top 5 majors at Pennsylvania Academy of the Fine Arts by degrees awarded.

Most Common Male Majors

In 2021, 7 degrees were awarded to men at Pennsylvania Academy of the Fine Arts in General Fine Studio Arts, which is 0.333 times less than the 21 female recipients with that same degree.

Most Common Female Majors

In 2021, 21 degrees were awarded to men at Pennsylvania Academy of the Fine Arts in General Fine Studio Arts, which is 3 times more than the 7 male recipients with that same degree.

Time to Complete

62%

100% Completion Time

68%

150% Completion Time

In 2021, 62% of students graduating from Pennsylvania Academy of the Fine Arts completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 68% 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.

White Male

Highest Graduation Rate (80%)

The student demographic with the highest graduation rate in 2021 at Pennsylvania Academy of the Fine Arts is Male and White (80% 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
46 degrees awarded
Hispanic or Latino
6 degrees awarded
Asian
4 degrees awarded

The most common race/ethnicity at Pennsylvania Academy of the Fine Arts is white (46 degrees awarded). There were 7.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (6 degrees).

6.94% of degree recipients (5 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
32 degrees awarded
White Male
14 degrees awarded
Asian Female
4 degrees awarded

The most common race/ethnicity and sex grouping at Pennsylvania Academy of the Fine Arts is white female (32 degrees awarded). There were 2.29 times more white female recipients than the next closest race/ethnicity group, white male (14 degrees).

Operations

Pennsylvania Academy of the Fine Arts has an endowment valued at nearly $46.1M, as of the end of the 2021 fiscal year. The return on its endowment was of 38.2M (82.9%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Pennsylvania Academy of the Fine Arts had a total salary expenditure of 16.8M. Pennsylvania Academy of the Fine Arts employs 32 Professors, 6 Assistant professors and 4 Associate professors. Most academics at Pennsylvania Academy of the Fine Arts are Male Professor (22), Female Professor (10), and Male Associate professor (4).

The most common positions for non-instructional staff at Pennsylvania Academy of the Fine Arts are: Management, with 44 employees, Office and Administrative Support, with 36 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 employees.

Endowment

$46.1M

2021 Endowment

24.4%

growth from 2020

Pennsylvania Academy of the Fine Arts has an endowment valued at about $46.1M, as of the end of the 2021 fiscal year. The endowment of Pennsylvania Academy of the Fine Arts grew 24.4% from the previous year. The value of their endowment was $33.5M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Pennsylvania Academy of the Fine Arts (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

$6.84M

2021 Salaries

13%

decline from 2020

In 2021, Pennsylvania Academy of the Fine Arts paid a median of $6.84M in salaries, which represents 40.7% of their overall expenditure ($16.8M) and a 13% decline from the previous year.

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

Instructional Salaries

$2.26M

Instructional Salaries

Number of Employees

In 2021, Pennsylvania Academy of the Fine Arts paid a total of $2.26M to 42 employees working as instructors, which represents 16.5% of all salaries paid.

This is compared to a median of $1.74M (56.8%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

32 Employees

Management

Most Common Non-Instructional Employee

44 Employees

In 2021, the most common positions for instructional staff at Pennsylvania Academy of the Fine Arts were Professor with 32 employees, Assistant professor with 6 employees, and Associate professor with 4 employees.

In 2021, the most common positions for non-instructional staff at Pennsylvania Academy of the Fine Arts were Management with 44 employees, Office and Administrative Support with 36 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 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 Pennsylvania Academy of the Fine Arts was Male Professor with 22 employees, Female Professor with 10 employees, and Male Associate professor with 4 employees.

This chart shows the sex split between each academic rank present at Pennsylvania Academy of the Fine Arts.