Minneapolis College of Art and Design

mcad.edu

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2023 Undergraduate Tuition

$43,374

3% growth from 2022

2023 Average Net Price

$27,031

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

48.4%

885 Applicants

2023 Enrolled Students

824

89.1% Full-Time

2023 Graduation Rate

69.2%

92 Graduates

About

Minneapolis College of Art and Design is a higher education institution located in Hennepin County, MN. In 2023, the most popular Bachelors Degree concentrations at Minneapolis College of Art and Design were Illustration (45 degrees awarded), Animation, Interactive Technology, Video Graphics, & Special Effects (24 degrees), and Painting (12 degrees).

In 2023, 165 degrees were awarded across all undergraduate and graduate programs at Minneapolis College of Art and Design. 69.7% of these degrees were awarded to women, and 30.3% awarded men. The most common race/ethnicity group of degree recipients was white (105 degrees), 6.56 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 $43,374, which is $28,210 more than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Minneapolis College of Art and Design was 0%, corresponding to 0 out of the 218 total borrowers.

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

Costs

In 2023, the median undergraduate tuition at Minneapolis College of Art and Design is $43,374, which is $28,210 more than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $27,031.

In 2023, 98% of undergraduate students attending Minneapolis College of Art and Design received financial aid through grants. Comparatively, 74% of undergraduate students received financial aid through loans.

Tuition Costs

$43,374

2023 Undergraduate Tuition

In 2023, the cost of tuition at Minneapolis College of Art and Design was $43,374. The cost of tuition at Minneapolis College of Art and Design is $28,210 more than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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

Average Net Price

$27,031

2023 Value

4.96%

1 Year Growth

In 2023 Minneapolis College of Art and Design had an average net price — the price paid after factoring in grants and loans — of $27,031. Between 2022 and 2023, the average net price of Minneapolis College of Art and Design grew by 4.96%.

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

$8,490

Room and Board

$3,360

Books and Supplies

The average yearly cost of room and board at Minneapolis College of Art and Design was of $8,490 in 2023. The cost of room and board increased by 1.31% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $3,360. The cost of books and supplies increased by 5% 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

98%

Undergraduates Receiving Financial Aid through Grants

74%

Undergraduates Receiving Financial Aid through Loans

98% of undergraduate students at Minneapolis College of Art and Design received financial aid through grants or loans in 2023. This represents a decline of 1.01% with respect to 2022, when 99% 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Minneapolis College of Art and Design was 0%, which represents 0 out of the 218 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 885 undergraduate applications in 2023, which represents a 32.5% annual growth. Out of those 885 applicants, 428 students were accepted for enrollment, representing a 48.4% acceptance rate.

There were 824 students enrolled at Minneapolis College of Art and Design in 2023. 3% of first-time enrollees submitted SAT scores with their applications.

Minneapolis College of Art and Design has an overall enrollment yield of 39.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

48.4%

Acceptance Rate in 2023

428

Accepted Out of 885

In 2023, the undergraduate acceptance rate of Minneapolis College of Art and Design was 48.4% (428 admissions from 885 applications). This is lower than the acceptance rate of 2022, which was 56.9%. Between 2022 and 2023, the number of applicants grew by 32.5%, while admissions grew by 12.6%.

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.

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

3% of enrolled first-time students at Minneapolis College of Art and Design in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Minneapolis College of Art and Design had a total enrollment of 824 students in 2023. The full-time enrollment at Minneapolis College of Art and Design is 734 students and the part-time enrollment is 90. This means that 89.1% 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 61.9% White, 10.8% Hispanic or Latino, 7.28% Asian, 6.67% Two or More Races, 5.95% Black or African American, and 1.21% American Indian or Alaska Native.

Students enrolled at Minneapolis College of Art and Design in full-time Undergraduate programs are most commonly White Female (44.2%), followed by White Male (19.2%) and Hispanic or Latino Female (7.35%). Students enrolled in full-time Graduate programs are most commonly White Female (32.4%), followed by White Male (13.5%) and Hispanic or Latino Male (6.76%).

Full-Time vs Part-Time Enrollment

89.1%

Full-Time Enrollment

The total enrollment at Minneapolis College of Art and Design in 2023, both undergraduate and graduate, is 824 students. The full-time enrollment at Minneapolis College of Art and Design is 734 and the part-time enrollment is 90. This means that 89.1% of students enrolled at Minneapolis College of Art and Design are enrolled full-time compared with 70.4% 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

82%

2023 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 82%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), 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 (2023)

White
510 enrolled students
Hispanic or Latino
89 enrolled students
Asian
60 enrolled students

The enrolled student population at Minneapolis College of Art and Design is 61.9% White, 10.8% Hispanic or Latino, 7.28% Asian, 6.67% Two or More Races, 5.95% Black or African American, and 1.21% 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 41.6% White, 19.6% Hispanic or Latino, and 14.5% 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, 18 students (2.18%) did not report their race.

Graduates

In 2023, 65 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 (105 degrees awarded). There were 6.56 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 (45 degrees awarded), followed by Animation, Interactive Technology, Video Graphics, & Special Effects (24 degrees) and Painting (12 degrees).

In 2023, 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 (24 degrees awarded), Visual & Performing Arts (128 degrees), and Precision Production (5 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 (1,034,248 people), Other managers (885,602 people), Financial managers (541,903 people), Chief executives & legislators (448,383 people), and Firstline supervisors of retail sales workers (309,958 people).

The most specialized majors at Minneapolis College of Art and Design in 2023 are Communication Technologies (24 degrees awarded), Visual & Performing Arts (128 degrees), Precision Production (5 degrees), Communications (2 degrees), and Business (6 degrees) (as of 2023).

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 Minneapolis College of Art and Design are Surgeons, Physicians, Magnetic resonance imaging technologists, Nuclear medicine technologists and medical dosimetrists, and Chief executives & legislators

The most specialized majors at Minneapolis College of Art and Design are Communication Technologies (24 degrees awarded), Visual & Performing Arts (128 degrees), Precision Production (5 degrees), Communications (2 degrees), and Business (6 degrees) (as of 2023).

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 (616,916 people), Computer Systems Design (549,230 people), Banking & related activities (483,315 people), Colleges, universities & professional schools, including junior colleges (433,948 people), and Securities, commodities, funds, trusts & other financial investments (413,113 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 (2023)

Illustration
45 degrees awarded
Animation, Interactive Technology, Video Graphics, & Special Effects
24 degrees awarded
Painting
12 degrees awarded

In 2023, the most common bachelors degree concentration at Minneapolis College of Art and Design was Illustration with 45 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 2023

115

Degrees Awarded to Women

in 2023

In 2023, 50 degrees were awarded to men at Minneapolis College of Art and Design, which is 0.435 times less than the number of degrees awarded to females (115).

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 2023, 12 degrees were awarded to men at Minneapolis College of Art and Design in Illustration, which is 0.364 times less than the 33 female recipients with that same degree.

Most Common Female Majors

In 2023, 33 degrees were awarded to men at Minneapolis College of Art and Design in Illustration, which is 2.75 times more than the 12 male recipients with that same degree.

Time to Complete

63%

100% Completion Time

66%

150% Completion Time

In 2023, 63% 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, 66% completed their degrees within 150% of the normal time, and 66% 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 2023 at Minneapolis College of Art and Design is Male and Hispanic or Latino (100% graduation rate). Across all Special Focus Institutions, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 7.61% of graduates (7 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
105 degrees awarded
Hispanic or Latino
16 degrees awarded
Asian
12 degrees awarded

The most common race/ethnicity at Minneapolis College of Art and Design is white (105 degrees awarded). There were 6.56 times more white recipients than the next closest race/ethnicity group, hispanic or latino (16 degrees).

2.42% of degree recipients (4 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
71 degrees awarded
White Male
34 degrees awarded
Hispanic or Latino Female
11 degrees awarded

The most common race/ethnicity and sex grouping at Minneapolis College of Art and Design is white female (71 degrees awarded). There were 2.09 times more white female recipients than the next closest race/ethnicity group, white male (34 degrees).

Operations

Minneapolis College of Art and Design has an endowment valued at nearly $50.6M, as of the end of the 2023 fiscal year. The return on its endowment was of −2.37M (−4.69%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Minneapolis College of Art and Design had a total salary expenditure of 27.8M. Minneapolis College of Art and Design employs 20 Professors, 9 Associate professors and 5 No academic ranks. Most academics at Minneapolis College of Art and Design are Male Professor (10), Female Professor (10), and Male Associate professor (5).

The most common positions for non-instructional staff at Minneapolis College of Art and Design are: Management, with 35 employees, Computer, Engineering, and Science, with 20 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 16 employees.

Endowment

$50.6M

2023 Endowment

8.19%

decline from 2022

Minneapolis College of Art and Design has an endowment valued at about $50.6M, as of the end of the 2023 fiscal year. The endowment of Minneapolis College of Art and Design declined 8.19% from the previous year. The value of their endowment was $38.1M 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

$13.2M

2023 Salaries

1.85%

growth from 2022

In 2023, Minneapolis College of Art and Design paid a median of $13.2M in salaries, which represents 47.5% of their overall expenditure ($27.8M) and a 1.85% growth from the previous year. This is compared to a 15.6% growth between 2021 and 2022, and a 5.2% decline between 2020 and 2021.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$2.79M

Instructional Salaries

Number of Employees

In 2023, Minneapolis College of Art and Design paid a total of $2.79M to 38 employees working as instructors, which represents 21.2% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

Occupations by Share

Professor

Most Common Instructor

20 Employees

Management

Most Common Non-Instructional Employee

35 Employees

In 2023, the most common positions for instructional staff at Minneapolis College of Art and Design were Professor with 20 employees, Associate professor with 9 employees, and No academic rank with 5 employees.

In 2023, the most common positions for non-instructional staff at Minneapolis College of Art and Design were Management with 35 employees, Computer, Engineering, and Science with 20 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 16 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Minneapolis College of Art and Design was Male Professor with 10 employees, Female Professor with 10 employees, and Male Associate professor with 5 employees.

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

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