The New School

www.newschool.edu

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2023 Undergraduate Tuition

$54,995

3.56% growth from 2022

2023 Average Net Price

$62,226

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

62.5%

9,148 Applicants

2023 Enrolled Students

9,434

92.5% Full-Time

2023 Graduation Rate

71.3%

1,075 Graduates

About

The New School is a higher education institution located in New York County, NY. In 2023, the most popular Bachelors Degree concentrations at The New School were Fashion & Apparel Design (230 degrees awarded), Web Page, Digital, & Information Resource Design (186 degrees), and Fine & Studio Arts Management (139 degrees).

In 2023, 3,126 degrees were awarded across all undergraduate and graduate programs at The New School. 75.1% of these degrees were awarded to women, and 24.9% awarded men. The most common race/ethnicity group of degree recipients was white (963 degrees), 3.23 times more than then the next closest race/ethnicity group, asian (298 degrees).

The median undergraduate tuition at The New School is $54,995, which is $23,992 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at The New School was 0%, corresponding to 0 out of the 1,511 total borrowers.

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at The New School is $54,995, which is $23,992 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $62,226.

In 2023, 87% of undergraduate students attending The New School received financial aid through grants. Comparatively, 26% of undergraduate students received financial aid through loans.

Tuition Costs

$54,995

2023 Undergraduate Tuition

In 2023, the cost of tuition at The New School was $54,995. The cost of tuition at The New School is $23,992 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

Average Net Price

$62,226

2023 Value

12.2%

1 Year Growth

In 2023 The New School had an average net price — the price paid after factoring in grants and loans — of $62,226. Between 2022 and 2023, the average net price of The New School grew by 12.2%.

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.

Other Student Expenses

$21,450

Room and Board

$1,300

Books and Supplies

The average yearly cost of room and board at The New School was of $21,450 in 2023. The cost of room and board increased by 14.7% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,300. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at The New School (in red) with that of similar universities.

Financial Aid by Income Level

87%

Undergraduates Receiving Financial Aid through Grants

26%

Undergraduates Receiving Financial Aid through Loans

87% of undergraduate students at The New School received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 87% 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.

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 The New School was 0%, which represents 0 out of the 1511 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

The New School received 9,148 undergraduate applications in 2023, which represents a 3.95% annual growth. Out of those 9,148 applicants, 5,719 students were accepted for enrollment, representing a 62.5% acceptance rate.

There were 9,434 students enrolled at The New School in 2023. 28% of first-time enrollees submitted SAT scores with their applications.

The New School has an overall enrollment yield of 25.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.5%

Acceptance Rate in 2023

5,719

Accepted Out of 9,148

In 2023, the undergraduate acceptance rate of The New School was 62.5% (5,719 admissions from 9,148 applications). This is higher than the acceptance rate of 2022, which was 57.2%. Between 2022 and 2023, the number of applicants declined by 3.95%, while admissions grew by 5.01%.

This chart compares the acceptance rate of The New School (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

28%

Submission Percentage (2020)

353

Scores Submitted (2020)

28% of enrolled first-time students at The New School in 2020 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

The New School had a total enrollment of 9,434 students in 2023. The full-time enrollment at The New School is 8,725 students and the part-time enrollment is 709. This means that 92.5% of students enrolled at The New School are enrolled full-time.

The enrolled student population at The New School, both undergraduate and graduate, is 30.3% White, 10.1% Asian, 9.86% Hispanic or Latino, 4.45% Two or More Races, 4.38% Black or African American, 0.106% American Indian or Alaska Native, and 0.0636% Native Hawaiian or Other Pacific Islanders.

Students enrolled at The New School in full-time Undergraduate programs are most commonly White Female (23.3%), followed by Asian Female (9.52%) and White Male (8.53%). Students enrolled in full-time Graduate programs are most commonly White Female (17.4%), followed by White Male (9.22%) and Hispanic or Latino Female (4.15%).

Full-Time vs Part-Time Enrollment

92.5%

Full-Time Enrollment

The total enrollment at The New School in 2023, both undergraduate and graduate, is 9,434 students. The full-time enrollment at The New School is 8,725 and the part-time enrollment is 709. This means that 92.5% of students enrolled at The New School are enrolled full-time compared with 77.9% 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.

Retention Rate over Time

81%

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 The New School was 81%. Compared with the full-time retention rate at similar Doctoral Universities (84%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
2,854 enrolled students
Asian
954 enrolled students
Hispanic or Latino
930 enrolled students

The enrolled student population at The New School is 30.3% White, 10.1% Asian, 9.86% Hispanic or Latino, 4.45% Two or More Races, 4.38% Black or African American, 0.106% American Indian or Alaska Native, and 0.0636% 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 Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% 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, 184 students (1.95%) did not report their race.

Graduates

In 2023, 1,572 more women than men received degrees from The New School. The most common race/ethnicity group of degree recipients at The New School is white (963 degrees awarded). There were 3.23 times more white recipients than the next closest race/ethnicity group, asian (298 degrees).

The most common Bachelor's Degree concentration at The New School is Fashion & Apparel Design (230 degrees awarded), followed by Web Page, Digital, & Information Resource Design (186 degrees) and Fine & Studio Arts Management (139 degrees).

In 2023, 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 (1,464 degrees awarded), Architecture and Related Services (90 degrees), and English (132 degrees).

Common Jobs by Major

Other managers

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 Other managers (314,627 people), Elementary & middle school teachers (269,469 people), Postsecondary teachers (173,346 people), Secondary school teachers (166,322 people), and Lawyers, & judges, magistrates, & other judicial workers (150,818 people).

The most specialized majors at The New School in 2023 are Visual & Performing Arts (1,464 degrees awarded), Architecture and Related Services (90 degrees), English (132 degrees), Communications (233 degrees), and Interdisciplinary Studies (218 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 The New School are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Physicians, and Dentists

The most specialized majors at The New School are Visual & Performing Arts (1,464 degrees awarded), Architecture and Related Services (90 degrees), English (132 degrees), Communications (233 degrees), and Interdisciplinary Studies (218 degrees) (as of 2023).

Common Industries by Major

Computer Systems Design

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 Computer Systems Design (708,753 people), Elementary & secondary schools (560,609 people), Colleges, universities & professional schools, including junior colleges (401,296 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (231,715 people), and Management, scientific & technical consulting services (155,452 people).

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 (2023)

Fashion & Apparel Design
230 degrees awarded
Web Page, Digital, & Information Resource Design
186 degrees awarded
Fine & Studio Arts Management
139 degrees awarded

In 2023, the most common bachelors degree concentration at The New School was Fashion & Apparel Design with 230 degrees awarded.

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

Sex Breakdown for Common Majors

777

Degrees Awarded to Men

in 2023

2,349

Degrees Awarded to Women

in 2023

In 2023, 777 degrees were awarded to men at The New School, which is 0.331 times less than the number of degrees awarded to females (2,349).

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

Most Common Male Majors

In 2023, 71 degrees were awarded to men at The New School in Web Page, Digital, & Information Resource Design, which is 0.292 times less than the 243 female recipients with that same degree.

Most Common Female Majors

In 2023, 253 degrees were awarded to men at The New School in Fashion & Apparel Design, which is 5.06 times more than the 50 male recipients with that same degree.

Time to Complete

56%

100% Completion Time

70%

150% Completion Time

In 2023, 56% of students graduating from The New School completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 70% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at The New School is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, 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, 2.88% of graduates (31 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
963 degrees awarded
Asian
298 degrees awarded
Hispanic or Latino
262 degrees awarded

The most common race/ethnicity at The New School is white (963 degrees awarded). There were 3.23 times more white recipients than the next closest race/ethnicity group, asian (298 degrees).

3.23% of degree recipients (101 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
697 degrees awarded
White Male
266 degrees awarded
Asian Female
228 degrees awarded

The most common race/ethnicity and sex grouping at The New School is white female (697 degrees awarded). There were 2.62 times more white female recipients than the next closest race/ethnicity group, white male (266 degrees).

Operations

The New School has an endowment valued at nearly $450M, as of the end of the 2023 fiscal year. The return on its endowment was of 46.3M (10.3%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, The New School had a total salary expenditure of 462M. The New School employs 167 Assistant professors, 139 Associate professors and 101 Professors. Most academics at The New School are Female Assistant professor (95), Female Associate professor (73), and Male Assistant professor (72).

The most common positions for non-instructional staff at The New School are: Management, with 510 employees, Service, with 138 employees, and Business and Financial Operations with 96 employees.

Endowment

$450M

2023 Endowment

6.81%

growth from 2022

The New School has an endowment valued at about $450M, as of the end of the 2023 fiscal year. The endowment of The New School grew 6.81% from the previous year. The value of their endowment was $16M 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.

Government Grants and Contracts

Grants & Contracts

$10.6M - Federal
$144k - State
$811k - Local

As of 2023, The New School received $10.6M in grants and contracts from the federal government, $144k from state grants and contracts, and $811k from local grants and contracts.

Salary Expenditure

$202M

2023 Salaries

22.7%

decline from 2022

In 2023, The New School paid a median of $202M in salaries, which represents 43.7% of their overall expenditure ($462M) and a 22.7% decline from the previous year. This is compared to a 51.1% growth between 2021 and 2022, and a 12.8% decline between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$50.3M

Instructional Salaries

426

Number of Employees

In 2023, The New School paid a total of $50.3M to 426 employees working as instructors, which represents 24.9% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Assistant professor

Most Common Instructor

167 Employees

Management

Most Common Non-Instructional Employee

510 Employees

In 2023, the most common positions for instructional staff at The New School were Assistant professor with 167 employees, Associate professor with 139 employees, and Professor with 101 employees.

In 2023, the most common positions for non-instructional staff at The New School were Management with 510 employees, Service with 138 employees, and Business and Financial Operations with 96 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Assistant professor
Female Associate professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at The New School was Female Assistant professor with 95 employees, Female Associate professor with 73 employees, and Male Assistant professor with 72 employees.

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

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