Payback
EarningsPlus
Economic score
School of the Art Institute of Chicago is a private located in Chicago, Illinois. School of the Art Institute of Chicago is very inclusive in their admissions.
Return on educational investment at School of the Art Institute of Chicago is in the bottom 5% of all ranked schools. The median student earns $39,470 10 years after enrolling, 54th in Illinois, and in the bottom 25% nationally. When adjusted for earning differences by major, School of the Art Institute of Chicago bachelor students earn 4% less than the national average. School of the Art Institute of Chicago is ranked 51st in Illinois.
School of the Art Institute of Chicago’s median net annual cost of $45,909 and average years to graduate of 4.5 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 1 programs at School of the Art Institute of Chicago sorted by number of graduates - Fine & Studio Arts - are shown below.
Annual net cost
$45,909
Average years to graduate
4.5
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 4 graduate programs at School of the Art Institute of Chicago - Fine & Studio Arts, Therapeutic professions, Education (subject specific), Rhetoric & Composition - are shown below.
The average full-time graduate completes their degree in 4.5 years. 71% of all students graduate within 8 years including part-time students. The graduation rate at School of the Art Institute of Chicago is 7% higher than the state average, and 6% above the average for all special focus four-year: arts, music & design schools in the country.
At School of the Art Institute of Chicago, Pell Grant recipients represent 18% of the measured graduating class, 17% lower than the national average of 35%. The average Pell Grant recipient at School of the Art Institute of Chicago graduates within 4.5 years.
School of the Art Institute of Chicago is in the bottom 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
School of the Art Institute of Chicago’s economic mobility score of 1.44 is calculated by adjusting the 12.9 economic score of lower-income students by the 18% pell grant recipients within the student body. School of the Art Institute of Chicago’s EMS of 1.44 ranks in the bottom 5% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 5%
The average Title IV recipient at School of the Art Institute of Chicago pays $45,909 a year, $26,601 less than the $72,510 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $45,909
Much of the gap between net price and sticker price is filled by institutional and government grants. At School of the Art Institute of Chicago, 93% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $45,909 on average to be covered by the student – be it through loans or out of pocket. In total, 46% of students take out loans, federal or private, at an average amount of $11,135. This is 8% less than the national average.
Federal grants
$5,504
Pell grants
$5,036
State grants
$5,303
Institutional grants
$18,561
School of the Art Institute of Chicago's very inclusive admissions are indicated by their 81% acceptance rate. In 2021, the school had 5,835 applicants, of which 4,725 were admitted and 669 enrolled. School of the Art Institute of Chicago has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
97%
83%
Female
72%
59%
First time
64%
59%
In-state
18%
68%
1st generation
21%
35%
White
36%
52%
Black
5%
14%
Hispanic
10%
15%
Asian
10%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
39%
12%