Pennsylvania Academy of the Fine Arts

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2023 Undergraduate Tuition
$43,000
6.17% growth from 2022
2023 Average Net Price
$45,518
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
87.5%
192 Applicants
2023 Enrolled Students
141
88.7% Full-Time
2023 Graduation Rate
78.6%
22 Graduates

About

Pennsylvania Academy of the Fine Arts is a higher education institution located in Philadelphia County, PA. In 2023, the most popular Masters Degree concentrations at Pennsylvania Academy of the Fine Arts were General Fine Studio Arts (26 degrees awarded).

In 2023, 64 degrees were awarded across all undergraduate and graduate programs at Pennsylvania Academy of the Fine Arts. 67.2% of these degrees were awarded to women, and 32.8% awarded men. The most common race/ethnicity group of degree recipients was white (41 degrees), 10.3 times more than then the next closest race/ethnicity group, hispanic or latino (4 degrees).

The median undergraduate tuition at Pennsylvania Academy of the Fine Arts is $43,000, which is $27,836 more than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Pennsylvania Academy of the Fine Arts was 0%, corresponding to 0 out of the 65 total borrowers.

Costs

In 2023, the median undergraduate tuition at Pennsylvania Academy of the Fine Arts is $43,000, which is $27,836 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 $45,518.

In 2023, 99% of undergraduate students attending Pennsylvania Academy of the Fine Arts received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$43,000
2023 Undergraduate Tuition

In 2023, the cost of tuition at Pennsylvania Academy of the Fine Arts was $43,000. The cost of tuition at Pennsylvania Academy of the Fine Arts is $27,836 more than than the overall (public and private) national average for Special Focus Institutions ($15,164).

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

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Average Net Price

$45,518
2023 Value
5.55%
1 Year Growth

In 2023 Pennsylvania Academy of the Fine Arts had an average net price — the price paid after factoring in grants and loans — of $45,518. Between 2022 and 2023, the average net price of Pennsylvania Academy of the Fine Arts grew by 5.55%.

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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

$17,512
Room and Board
$1,768
Books and Supplies

The average yearly cost of room and board at Pennsylvania Academy of the Fine Arts was of $17,512 in 2023. The cost of room and board decreased by 4.05% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,768. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

99%
Undergraduates Receiving Financial Aid through Grants
47%
Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Pennsylvania Academy of the Fine Arts received financial aid through grants or loans in 2023. This represents a growth of 1.02% with respect to 2022, when 98% 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.

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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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Pennsylvania Academy of the Fine Arts was 0%, which represents 0 out of the 65 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

Pennsylvania Academy of the Fine Arts received 192 undergraduate applications in 2023, which represents a 4.92% annual growth. Out of those 192 applicants, 168 students were accepted for enrollment, representing a 87.5% acceptance rate.

There were 141 students enrolled at Pennsylvania Academy of the Fine Arts in 2023.

Pennsylvania Academy of the Fine Arts has an overall enrollment yield of 10.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

87.5%
Acceptance Rate in 2023
168
Accepted Out of 192

In 2023, the undergraduate acceptance rate of Pennsylvania Academy of the Fine Arts was 87.5% (168 admissions from 192 applications). This is lower than the acceptance rate of 2022, which was 91.3%. Between 2022 and 2023, the number of applicants grew by 4.92%, while admissions grew by 0.599%.

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.

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SAT Scores

N/A% of enrolled first-time students at Pennsylvania Academy of the Fine Arts in false 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.

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Enrollment

Pennsylvania Academy of the Fine Arts had a total enrollment of 141 students in 2023. The full-time enrollment at Pennsylvania Academy of the Fine Arts is 125 students and the part-time enrollment is 16. This means that 88.7% 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, 17% Black or African American, 4.96% Asian, 3.55% Hispanic or Latino, 3.55% Two or More Races, and 1.42% American Indian or Alaska Native.

Students enrolled at Pennsylvania Academy of the Fine Arts in full-time Undergraduate programs are most commonly White Female (38.6%), followed by White Male (17.4%) and Hispanic or Latino Female (7.73%). Students enrolled in full-time Graduate programs are most commonly White Female (44.4%), followed by White Male (12.5%) and Black or African American Female (6.94%).

Full-Time vs Part-Time Enrollment

88.7%
Full-Time Enrollment

The total enrollment at Pennsylvania Academy of the Fine Arts in 2023, both undergraduate and graduate, is 141 students. The full-time enrollment at Pennsylvania Academy of the Fine Arts is 125 and the part-time enrollment is 16. This means that 88.7% of students enrolled at Pennsylvania Academy of the Fine Arts 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 Pennsylvania Academy of the Fine Arts (in red) compares to similar universities.

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Retention Rate over Time

83%
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 Pennsylvania Academy of the Fine Arts was 83%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    84 enrolled students
  2. Black or African American
    24 enrolled students
  3. Asian
    7 enrolled students

The enrolled student population at Pennsylvania Academy of the Fine Arts is 59.6% White, 17% Black or African American, 4.96% Asian, 3.55% Hispanic or Latino, 3.55% Two or More Races, and 1.42% 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, 2 students (1.42%) did not report their race.

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Graduates

In 2023, 22 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 (41 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

The most common Masters Degree concentration at Pennsylvania Academy of the Fine Arts is General Fine Studio Arts (26 degrees awarded).

In 2023,  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 (63 degrees awarded) and Communication Technologies (1 degrees).

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 Pennsylvania Academy of the Fine Arts are Graphic designers (98,195 people), Other managers (84,106 people), Elementary & middle school teachers (77,500 people), Other designers (60,420 people), and Postsecondary teachers (57,636 people).

The most specialized majors at Pennsylvania Academy of the Fine Arts in 2023 are Visual & Performing Arts (63 degrees awarded) and Communication Technologies (1 degrees) (as of 2023).

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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 Pennsylvania Academy of the Fine Arts are Physicians, Surgeons, Magnetic resonance imaging technologists, Economists, and Dentists

The most specialized majors at Pennsylvania Academy of the Fine Arts are Visual & Performing Arts (63 degrees awarded) and Communication Technologies (1 degrees) (as of 2023).

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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 Pennsylvania Academy of the Fine Arts are Elementary & secondary schools (175,537 people), Colleges, universities & professional schools, including junior colleges (120,978 people), Computer Systems Design (72,111 people), Specialized design services (58,214 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (47,269 people).

The most specialized majors at Pennsylvania Academy of the Fine Arts are Visual & Performing Arts (63 degrees awarded) and Communication Technologies (1 degrees) (as of 2023).

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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 (2023)
  1. 11 degrees awarded
  2. 6 degrees awarded
  3. 5 degrees awarded

In 2023, the most common bachelors degree concentration at Pennsylvania Academy of the Fine Arts was Painting with 11 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.

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Sex Breakdown for Common Majors

21
Degrees Awarded to Men
in 2023
43
Degrees Awarded to Women
in 2023

In 2023, 21 degrees were awarded to men at Pennsylvania Academy of the Fine Arts, which is 0.488 times less than the number of degrees awarded to females (43).

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

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Most Common Male Majors

In 2023, 11 degrees were awarded to men at Pennsylvania Academy of the Fine Arts in General Fine Studio Arts, which is 0.458 times less than the 24 female recipients with that same degree.

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Most Common Female Majors

In 2023, 24 degrees were awarded to men at Pennsylvania Academy of the Fine Arts in General Fine Studio Arts, which is 2.18 times more than the 11 male recipients with that same degree.

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Time to Complete

47%
100% Completion Time
47%
150% Completion Time

In 2023, 47% 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, 47% completed their degrees within 150% of the normal time, and 47% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Pennsylvania Academy of the Fine Arts is Female 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, 9.09% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    41 degrees awarded
  2. Hispanic or Latino
    4 degrees awarded
  3. Black or African American
    3 degrees awarded

The most common race/ethnicity at Pennsylvania Academy of the Fine Arts is white (41 degrees awarded). There were 10.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (4 degrees).

6.25% of degree recipients (4 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    27 degrees awarded
  2. White Male
    14 degrees awarded
  3. Asian Female
    3 degrees awarded

The most common race/ethnicity and sex grouping at Pennsylvania Academy of the Fine Arts is white female (27 degrees awarded). There were 1.93 times more white female recipients than the next closest race/ethnicity group, white male (14 degrees).

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Operations

Pennsylvania Academy of the Fine Arts has an endowment valued at nearly $42.7M, as of the end of the 2023 fiscal year. The return on its endowment was of 7.44M (17.4%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Pennsylvania Academy of the Fine Arts had a total salary expenditure of 18.4M. Pennsylvania Academy of the Fine Arts employs 15 Professors, 3 Assistant professors and 3 Associate professors. Most academics at Pennsylvania Academy of the Fine Arts are Male Professor (10), Female Professor (5), and Male Associate professor (2).

The most common positions for non-instructional staff at Pennsylvania Academy of the Fine Arts are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 15 employees, Management, with 14 employees, and Office and Administrative Support with 11 employees.

Endowment

$42.7M
2023 Endowment
7.97%
growth from 2022

Pennsylvania Academy of the Fine Arts has an endowment valued at about $42.7M, as of the end of the 2023 fiscal year. The endowment of Pennsylvania Academy of the Fine Arts grew 7.97% from the previous year. The value of their endowment was $30.2M 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.

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Salary Expenditure

$6.91M
2023 Salaries
2.07%
growth from 2022

In 2023, Pennsylvania Academy of the Fine Arts paid a median of $6.91M in salaries, which represents 37.4% of their overall expenditure ($18.4M) and a 2.07% growth from the previous year. This is compared to a 1.08% decline between 2021 and 2022, and a 13% decline between 2020 and 2021.

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

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Instructional Salaries

$1.11M
Instructional Salaries
21
Number of Employees

In 2023, Pennsylvania Academy of the Fine Arts paid a total of $1.11M to 21 employees working as instructors, which represents 16.1% of all salaries paid.

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

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Occupations by Share

Professor
Most Common Instructor
15 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
15 Employees

In 2023, the most common positions for instructional staff at Pennsylvania Academy of the Fine Arts were Professor with 15 employees, Assistant professor with 3 employees, and Associate professor with 3 employees.

In 2023, the most common positions for non-instructional staff at Pennsylvania Academy of the Fine Arts were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 15 employees, Management with 14 employees, and Office and Administrative Support with 11 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Female Professor
  3. Male Associate professor

In 2023, the most common demographic for instructional staff at Pennsylvania Academy of the Fine Arts was Male Professor with 10 employees, Female Professor with 5 employees, and Male Associate professor with 2 employees.

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

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