Musicians Institute vs. The Illinois Institute of Art-Schaumburg

Musicians Institute vs. The Illinois Institute of Art Schaumburg comparison

	Musicians Institute	The Illinois Institute of Art Schaumburg	College 3	College 4
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Overview	Musicians Institute	The Illinois Institute of Art-Schaumburg
Location	Hollywood, CA	Schaumburg, IL
Setting	Large City	Small City
Enrollment	864	383
Type	Private 4 Year	Private 4 Year
National Ranking
Religious Affiliation	-	-	-	-
Status	For-profit	For-profit
Website	mi.edu	aii.edu
Team Colors

Costs	Musicians Institute	The Illinois Institute of Art-Schaumburg
Tuition (In State)	$24,525	$17,388
Tuition (Out of State)	$24,525	$17,388
Room & Board	$12,438	$11,175
Avg Net Price	$36,976	$16,922
Avg Grant Aid	$4,265	$8,694
% Receiving Grant Aid	47%	96%

Admission	Musicians Institute	The Illinois Institute of Art-Schaumburg
Admission Chances	Calculate	Calculate
Applied	348	-
Admitted	273	-
Acceptance Rate	78.4%
Enrolled %	42.5%
Avg High School GPA	-	-
Typical High School Grades	-	-
Admissions Standards	Unavailable	Unavailable
Applicant Competition
ACT Range
SAT Range
Submit Test Scores	Not required for admission, but considered if submitted (Test Optional)	Recommended
Application Deadline

Academics	Musicians Institute	The Illinois Institute of Art-Schaumburg
Student to Faculty Ratio	6:1	0:1
Popular Majors	Visual and Performing Arts (100%)	Visual and Performing Arts (55%) Communications Technology (21%) Computer and Information Sciences (10%) Business (7%) Communication (7%)
Outcomes	Musicians Institute	The Illinois Institute of Art-Schaumburg
Graduation Rate	67%	55%
Median Earnings (After 10 years)	$34,900	$37,500
Making Student Loan Payments	53%	33%
Median Student Loan Debt	N/A	$30,616
Median Loan Payment	N/A	$316

Diversity	Musicians Institute	The Illinois Institute of Art-Schaumburg
% Men	74%	0%
% Women	26%	0%
Racial Diversity	Very High	High
HBCU	No	No
% White	26%	52%
% Black	8%	12%
% Hispanic	13%	20%
% Native American	1%	1%
% Pacific Islander	0%	1%
% Two or More Races	6%	0%
% International	35%	0%
% Unknown Race	6%	12%

Students	Musicians Institute	The Illinois Institute of Art-Schaumburg
% In-State	20%	-
% Out-of-State	27%	-
Campus	Musicians Institute	The Illinois Institute of Art-Schaumburg
Campus Housing	No	Yes
Freshman Dorm Required	No	No
Meal Plan	No	No
Weekend/Evening Classes	Yes	Yes
Daycare Facility	No	No
Learn More	Details	Details

Comparable Facts

• Musicians Institute is larger than than The Illinois Institute of Art-Schaumburg based on total student enrollment (864 students vs. 383 students)

Musicians Institute vs. The Illinois Institute of Art-Schaumburg Cost Comparison

Which college is more expensive, Musicians Institute or The Illinois Institute of Art-Schaumburg?

• Musicians Institute is 41% more expensive to attend than The Illinois Institute of Art-Schaumburg for in-state tuition ($24,525.00 vs. $17,388.00)
• Out of state tuition is 41% higher at Musicians Institute than The Illinois Institute of Art Schaumburg ($24,525.00 vs. $17,388.00)
• The typical actual cost that students pay to attend (average net price) is less at The Illinois Institute of Art Schaumburg than Musicians Institute ($16,922 vs. $36,976)
• Living costs (room and board or off-campus housing budget) at The Illinois Institute of Art Schaumburg are 11.3% lower than costs at Musicians Institute ($11,175 vs. $12,438)
• More students receive financial grant aid at The Illinois Institute of Art Schaumburg than Musicians Institute (96% vs. 47%)
• The average total grant financial aid received by The Illinois Institute of Art Schaumburg students is 103.8% larger than aid received Musicians Institute ($8,694 vs. $4,265)

Which college is harder to get into, Musicians Institute or The Illinois Institute of Art-Schaumburg? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between The Illinois Institute of Art-Schaumburg or Musicians Institute .

Musicians Institute vs. The Illinois Institute of Art-Schaumburg Graduation Outcomes Comparison

Which is better, Musicians Institute or The Illinois Institute of Art-Schaumburg? 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 The Illinois Institute of Art-Schaumburg and Musicians Institute.

• The graduation rate at Musicians Institute is higher than The Illinois Institute of Art Schaumburg (67% vs. 55%)
• Graduates from The Illinois Institute of Art Schaumburg earn on average $2,600 more per year than Musicians Institute graduates after ten years. ($37,500 vs. $34,900)
• More Musicians Institute graduates are actively paying back their federal student loan debt than former The Illinois Institute of Art-Schaumburg students, three years after graduation. (53% vs. 33%)

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