School of the Art Institute of Chicago

www.saic.edu/

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2020 Undergraduate Tuition

$49,841

4.24% growth from 2019

2020 Average Net Price

$51,606

After Financial Aid

2018 Student Loan

5.4%

Default Rate

2020 Acceptance Rate

77.8%

6,530 Applicants

2020 Enrolled Students

3,132

85.9% Full-Time

2020 Graduation Rate

67.8%

400 Graduates

About

School of the Art Institute of Chicago is a higher education institution located in Cook County, IL. In 2020, the most popular Bachelor's Degree concentrations at School of the Art Institute of Chicago were General Fine Studio Arts (617 degrees awarded), Creative Writing (12 degrees), and General Visual & Performing Arts (10 degrees).

In 2020, 947 degrees were awarded across all undergraduate and graduate programs at School of the Art Institute of Chicago. 73.3% of these degrees were awarded to women, and 26.7% awarded men. The most common race/ethnicity group of degree recipients was white (328 degrees), 3.15 times more than then the next closest race/ethnicity group, hispanic or latino (104 degrees).

The median undergraduate tuition at School of the Art Institute of Chicago is $49,841, which is $35,441 more than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at School of the Art Institute of Chicago is $49,841, which is $35,441 more than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $51,606.

In 2020, 89% of undergraduate students attending School of the Art Institute of Chicago received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$49,841

2020 Undergraduate Tuition

In 2020, the cost of tuition at School of the Art Institute of Chicago was $49,841. The cost of tuition at School of the Art Institute of Chicago is $35,441 more than than the overall (public and private) national average for Special Focus Institutions ($14,400).

This chart compares the tuition costs of School of the Art Institute of Chicago (in red) with those of other similar universities.

Average Net Price

$51,606

2020 Value

2.87%

1 Year Growth

In 2020 School of the Art Institute of Chicago had an average net price — the price paid after factoring in grants and loans — of $51,606. Between 2019 and 2020, the average net price of School of the Art Institute of Chicago grew by 2.87%.

This chart compares the average net price of School of the Art Institute of Chicago (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

$12,545

Room and Board

$1,770

Books and Supplies

The average yearly cost of room and board at School of the Art Institute of Chicago was of $12,545 in 2020. During the same period, the average yearly cost of books and supplies was $1,770. The cost of room and board increased by 1.99% between 2019 and 2020. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at School of the Art Institute of Chicago (in red) with that of similar universities.

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at School of the Art Institute of Chicago received financial aid through grants or loans in 2020. This represents a growth of 1.14% with respect to 2019, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at School of the Art Institute of Chicago (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.

5.4%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at School of the Art Institute of Chicago was 5.4%, which represents 35 out of the 648 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

School of the Art Institute of Chicago received 6,530 undergraduate applications in 2020, which represents a 1.87% annual growth. Out of those 6,530 applicants, 5,079 students were accepted for enrollment, representing a 77.8% acceptance rate.

There were 3,132 students enrolled at School of the Art Institute of Chicago in 2020, and 40% of first-time enrollees submitted SAT scores with their applications.

School of the Art Institute of Chicago has an overall enrollment yield of 8.94%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

77.8%

Acceptance Rate in 2020

5,079

Accepted Out of 6,530

In 2020, the undergraduate acceptance rate of School of the Art Institute of Chicago was 77.8% (5,079 admissions from 6,530 applications). This is higher than the acceptance rate of 2019, which was 57%. Between 2019 and 2020, the number of applicants grew by 1.87%, while admissions grew by 38.9%.

This chart compares the acceptance rate of School of the Art Institute of Chicago (in red) with that of other similar universities.

SAT Scores

40%

Submission Percentage

182

Scores Submitted

40% of enrolled first-time students at School of the Art Institute of Chicago 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

School of the Art Institute of Chicago has a total enrollment of 3,132 students. The full-time enrollment at School of the Art Institute of Chicago is 2,690 students and the part-time enrollment is 442. This means that 85.9% of students enrolled at School of the Art Institute of Chicago are enrolled full-time.

The enrolled student population at School of the Art Institute of Chicago, both undergraduate and graduate, is 36.5% White, 10.5% Hispanic or Latino, 9.29% Asian, 4.73% Black or African American, 3.1% Two or More Races, 0.255% American Indian or Alaska Native, and 0.0958% Native Hawaiian or Other Pacific Islanders.

Students enrolled at School of the Art Institute of Chicago in full-time Undergraduate programs are most commonly White Female (26.2%), followed by White Male (9.25%) and Asian Female (7.85%). Students enrolled in full-time Graduate programs are most commonly White Female (29.1%), followed by White Male (7.83%) and Hispanic or Latino Female (6.74%).

Full-Time vs Part-Time Enrollment

85.9%

Full-Time Enrollment

The total enrollment at School of the Art Institute of Chicago, both undergraduate and graduate, is 3,132 students. The full-time enrollment at School of the Art Institute of Chicago is 2,690 and the part-time enrollment is 442. This means that 85.9% of students enrolled at School of the Art Institute of Chicago are enrolled full-time compared with 68.5% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at School of the Art Institute of Chicago (in red) compares to similar universities.

Retention Rate over Time

74%

2020 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 School of the Art Institute of Chicago was 74%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), School of the Art Institute of Chicago had a retention rate higher than its peers.

This chart shows the retention rate over time at School of the Art Institute of Chicago (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,144
Hispanic or Latino
329
Asian
291

The enrolled student population at School of the Art Institute of Chicago is 36.5% White, 10.5% Hispanic or Latino, 9.29% Asian, 4.73% Black or African American, 3.1% Two or More Races, 0.255% American Indian or Alaska Native, and 0.0958% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44% White, 17.3% Hispanic or Latino, and 14.4% 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, 146 students (4.66%) did not report their race.

Graduates

In 2020, 441 more women than men received degrees from School of the Art Institute of Chicago. The most common race/ethnicity group of degree recipients at School of the Art Institute of Chicago is white (328 degrees awarded). There were 3.15 times more white graduates than the next closest race/ethnicity group, hispanic or latino (104 degrees).

The most common Bachelor's Degree concentration at School of the Art Institute of Chicago is General Fine Studio Arts (617 degrees awarded), followed by Creative Writing (12 degrees) and General Visual & Performing Arts (10 degrees).

The most specialized majors across all degree types at School of the Art Institute of Chicago, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (858 degrees awarded), Architecture and Related Services (19 degrees), and English (25 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at School of the Art Institute of Chicago are Elementary & middle school teachers (1,884,666 people), Secondary school teachers (457,786 people), Education administrators (317,477 people), Other managers (299,370 people), and Postsecondary teachers (237,021 people).

The most specialized majors at School of the Art Institute of Chicago are Visual & Performing Arts (858 degrees awarded), Architecture and Related Services (19 degrees), English (25 degrees), Education (28 degrees), and Communications (4 degrees).

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 School of the Art Institute of Chicago are Surgeons, Nuclear medicine technologists and medical dosimetrists, Dentists, Securities, commodities, & financial services sales agents, and Physicians

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 School of the Art Institute of Chicago are Elementary & secondary schools (3,090,899 people), Colleges, universities & professional schools, including junior colleges (533,923 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (219,432 people), Computer Systems Design (214,587 people), and Architectural, engineering & related services (198,269 people).

Majors Awarded

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

Most Common

General Fine Studio Arts
617 degree-majorss awarded
Creative Writing
12 degree-majorss awarded
General Visual & Performing Arts
10 degree-majorss awarded

In 2020, the most common bachelors degree concentration at School of the Art Institute of Chicago was General Fine Studio Arts with 617 degrees awarded.

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

Sex Breakdown for Common Majors

253

Degrees Awarded to Men

in 2020

694

Degrees Awarded to Women

in 2020

In 2020, 253 degrees were awarded to men at School of the Art Institute of Chicago, which is 0.365 times less than the number of degrees awarded to females (694).

This chart displays the sex disparity between the top 5 majors at School of the Art Institute of Chicago by degrees awarded.

Most Common Male Majors

In 2020, 208 degrees were awarded to men at School of the Art Institute of Chicago in General Fine Studio Arts, which is 0.364 times less than the 571 female recipients with that same degree.

Most Common Female Majors

In 2020, 571 degrees were awarded to women at School of the Art Institute of Chicago in General Fine Studio Arts, which is 2.75 times more than the 208 male recipients with that same degree.

Time to Complete

47%

100% Completion Time

64%

150% Completion Time

In 2020, 47% of students graduating from School of the Art Institute of Chicago 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 67% 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.

Asian Female

Highest Graduation Rate (77.8%)

The student demographic with the highest graduation rate at School of the Art Institute of Chicago is Female and Asian (77.8% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.4%).

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% of graduates (12 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
328 degrees awarded
Hispanic or Latino
104 degrees awarded
Asian
84 degrees awarded

The most common race/ethnicity at School of the Art Institute of Chicago is white (328 degrees awarded). There were 3.15 times more white recipients than the next closest race/ethnicity group, hispanic or latino (104 degrees).

4.65% of degree recipients (44 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
242 degrees awarded
White Male
86 degrees awarded
Hispanic or Latino Female
76 degrees awarded

The most common race/ethnicity and sex grouping at School of the Art Institute of Chicago is white female (242 degrees awarded). There were 2.81 times more white female recipients than the next closest race/ethnicity group, white male (86 degrees).

Operations

School of the Art Institute of Chicago has an endowment valued at nearly $252M, as of the end of the 2020 fiscal year. The return on its endowment was of $10.5M (4.17%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, School of the Art Institute of Chicago had a total salary expenditure of $N/A. School of the Art Institute of Chicago employs 69 Associate professors, 52 Professors, and 33 Assistant professors. Most academics at School of the Art Institute of Chicago are Male Associate professors (40), Male Professors(29), and Female Associate professors (29).

The most common positions for non-instructional staff at School of the Art Institute of Chicago are: Business and Financial Operations, with 82 employees, Management, with 64 employees, and Office and Administrative Support with 60 employees.

Endowment

$252M

2020 Endowment

4.99%

growth from 2019

School of the Art Institute of Chicago has an endowment valued at about $252M, as of the end of the 2020 fiscal year. The endowment of School of the Art Institute of Chicago grew 4.99% from the previous year. The value of their endowment was $242M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at School of the Art Institute of Chicago (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.

Government Grants and Contracts

Grants & Contracts

$425k - Federal
$68.6k - State
$0 - Local

As of 2020, School of the Art Institute of Chicago received $425k in grants and contracts from the federal government, $68.6k from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$68.4M

2020 Salaries

0.978%

growth from 2019

In 2020, School of the Art Institute of Chicago paid a median of $68.4M in salaries, which represents NaNM% of their overall expenditure ($N/A) and a 0.978% growth from the previous year. This is compared to a 6.19% growth from 2018 and a 4.95% growth from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

Instructional Salaries

$15.9M

Instructional Salaries

162

Number of Employees

In 2020, School of the Art Institute of Chicago paid a total of $15.9M to 162 employees working as instructors, which represents 23.2% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

69 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

82 Employees

In 2020, the most common positions for instructional staff at School of the Art Institute of Chicago were Associate professor with 69 employees; Professor with 52 employees; and Professor with 33 employees.

In 2020, the most common positions for non-instructional staff at School of the Art Institute of Chicago were Business and Financial Operations with 82 employees; Management with 64 employees; and Office and Administrative Support with 60 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Associate professor
Male Professor
Female Associate professor

In 2020, the most common demographic for instructional staff at School of the Art Institute of Chicago was Male Associate professor with 40 employees, Male Professor with 29 employees, and Female Associate professor with 29 employees.

This chart shows the sex split between each academic rank present at School of the Art Institute of Chicago.