Musicians Institute vs. McNally Smith College of Music

Musicians Institute vs. McNally Smith College of Music comparison

	Musicians Institute	McNally Smith College of Music	College 3	College 4
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Overview	Musicians Institute	McNally Smith College of Music
Location	Hollywood, CA	Saint Paul, MN
Setting	Large City	Large City
Enrollment	864	376
Type	Private 4 Year	Private 4 Year
National Ranking
Religious Affiliation	-	-	-	-
Status	For-profit	For-profit
Website	mi.edu	mcnallysmith.edu
Team Colors

Costs	Musicians Institute	McNally Smith College of Music
Tuition (In State)	$24,525	$27,040
Tuition (Out of State)	$24,525	$27,040
Room & Board	$12,438	$7,100
Avg Net Price	$36,976	$30,167
Avg Grant Aid	$4,265	$7,067
% Receiving Grant Aid	47%	45%

Admission	Musicians Institute	McNally Smith College of Music
Admission Chances	Calculate	Calculate
Applied	348	272
Admitted	273	178
Acceptance Rate	78.4%	65.4%
Enrolled %	42.5%	53.9%
Avg High School GPA	-	-
Typical High School Grades	-	-
Admissions Standards	Unavailable	Unavailable
Applicant Competition		Low
ACT Range
SAT Range
Submit Test Scores	Not required for admission, but considered if submitted (Test Optional)	Recommended
Application Deadline

Academics	Musicians Institute	McNally Smith College of Music
Student to Faculty Ratio	6:1	0:1
Popular Majors	Visual and Performing Arts (100%)	Visual and Performing Arts (100%)
Outcomes	Musicians Institute	McNally Smith College of Music
Graduation Rate	67%	46%
Median Earnings (After 10 years)	$34,900	$34,900
Making Student Loan Payments	53%	56%
Median Student Loan Debt	N/A	$26,550
Median Loan Payment	N/A	$274

Diversity	Musicians Institute	McNally Smith College of Music
% Men	74%	0%
% Women	26%	0%
Racial Diversity	Very High	Low
HBCU	No	No
% White	26%	71%
% Black	8%	10%
% Hispanic	13%	4%
% Native American	1%	0%
% Pacific Islander	0%	0%
% Two or More Races	6%	9%
% International	35%	0%
% Unknown Race	6%	1%

Students	Musicians Institute	McNally Smith College of Music
% In-State	20%	-
% Out-of-State	27%	-
Campus	Musicians Institute	McNally Smith College of Music
Campus Housing	No	Yes
Freshman Dorm Required	No	No
Meal Plan	No	Yes
Weekend/Evening Classes	Yes	No
Daycare Facility	No	No
Learn More	Details	Details

Comparable Facts

• Musicians Institute is larger than than McNally Smith College of Music based on total student enrollment (864 students vs. 376 students)

Musicians Institute vs. McNally Smith College of Music Cost Comparison

Which college is more expensive, Musicians Institute or McNally Smith College of Music?

• McNally Smith College of Music is 10.3% more expensive to attend than Musicians Institute for in-state tuition ($27,040.00 vs. $24,525.00)
• Out of state tuition is 10.3% higher at McNally Smith College of Music than Musicians Institute ($27,040.00 vs. $24,525.00)
• The typical actual cost that students pay to attend (average net price) is less at McNally Smith College of Music than Musicians Institute ($30,167 vs. $36,976)
• Living costs (room and board or off-campus housing budget) at McNally Smith College of Music are 75.2% lower than costs at Musicians Institute ($7,100 vs. $12,438)
• More students receive financial grant aid at Musicians Institute than McNally Smith College of Music (47% vs. 45%)
• The average total grant financial aid received by McNally Smith College of Music students is 65.7% larger than aid received Musicians Institute ($7,067 vs. $4,265)

Musicians Institute vs. McNally Smith College of Music Admissions Difficulty Comparison

Which college is harder to get into, Musicians Institute or McNally Smith College of Music? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between McNally Smith College of Music or Musicians Institute .

• Musicians Institute has a higher acceptance rate (78.4%) than McNally Smith College of Music (65.4%)

Musicians Institute vs. McNally Smith College of Music Graduation Outcomes Comparison

Which is better, Musicians Institute or McNally Smith College of Music? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between McNally Smith College of Music and Musicians Institute.

• The graduation rate at Musicians Institute is higher than McNally Smith College of Music (67% vs. 46%)
• Graduates of Musicians Institute and McNally Smith College of Music have equivalent average earnings after ten years ($34,900 vs. $34,900)
• More McNally Smith College of Music graduates are actively paying back their federal student loan debt than former Musicians Institute students, three years after graduation. (56% vs. 53%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/