The Art Institute of Indianapolis

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    2018 Undergraduate Tuition
    $14,724
    2017 Average Net Price
    $19,546
    After Financial Aid
    2016 Default Rate
    22.9%
    on Student Loans
    2017 Enrolled Students
    536
    64.9% Full-Time
    2017 Graduation Rate
    31.1%
    23 Graduates

    About

    The Art Institute of Indianapolis is a higher education institution located in Marion County, IN. In 2018, the most popular Associates Degree concentrations at The Art Institute of Indianapolis were Culinary Arts & Chef Training (32 degrees awarded), Baking & Pastry Arts (21 degrees), and Commercial Photography (11 degrees).

    In 2018, 149 degrees were awarded across all undergraduate and graduate programs at The Art Institute of Indianapolis. 64.4% of these degrees were awarded to women, and 35.6% awarded men. The most common race/ethnicity group of degree recipients was white (89 degrees), 2.97 times more than then the next closest race/ethnicity group, black or african american (30 degrees).

    The median undergraduate tuition at The Art Institute of Indianapolis is $14,724, which is $−173 less than the national average for Special Focus Institutions ($14,897).

    In 2016 the default rate for borrower's at The Art Institute of Indianapolis was 22.9%, corresponding to 2712 out of the 11,840 total borrowers.

    Costs

    In 2018, the median undergraduate tuition at The Art Institute of Indianapolis is $14,724.

    After taking grants and loans into account, the average net price for students is $19,546.

    In 2017, 93% of undergraduate students attending The Art Institute of Indianapolis received financial aid through grants. Comparatively, 76% of undergraduate students received financial aid through loans.

    Tuition Costs

    $14,724
    2018 Undergraduate Tuition

    In 2018, the cost of tuition at The Art Institute of Indianapolis was $14,724.

    This chart compares the tuition costs of The Art Institute of Indianapolis (in red) with those of other similar universities.

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    Average Net Price

    $19,546
    2017 Value
    9.91%
    1 Year Growth

    In 2017 The Art Institute of Indianapolis had an average net price — the price paid after factoring in grants and loans — of $19,546. Between 2016 and 2017, the average net price of The Art Institute of Indianapolis grew by 9.91%.

    This chart compares the average net price of The Art Institute of Indianapolis (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.

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    Other Student Expenses

    The average yearly cost of room and board at The Art Institute of Indianapolis was of $0 in 2018. The cost of room and board decreased by 100% between 2017 and 2018.

    This chart compares the average student costs at The Art Institute of Indianapolis (in red) with that of similar universities.

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    Financial Aid by Income Level

    93%
    Undergraduates Receiving Financial Aid through Grants
    76%
    Undergraduates Receiving Financial Aid through Loans

    93% of undergraduate students at The Art Institute of Indianapolis received financial aid through grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 93% of undergraduate students received financial aid.

    This chart compares the average award discount at The Art Institute of Indianapolis (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.
    22.9%
    2016 Default Rate
    2712
    Number of Defaults

    In 2016 the default rate for borrower's at The Art Institute of Indianapolis was 22.9%, which represents 2712 out of the 11840 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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    Enrollment

    The Art Institute of Indianapolis had a total enrollment of 536 students in 2017. The full-time enrollment at The Art Institute of Indianapolis is 348 students and the part-time enrollment is 188. This means that 64.9% of students enrolled at The Art Institute of Indianapolis are enrolled full-time.

    The enrolled student population at The Art Institute of Indianapolis, both undergraduate and graduate, is 52.6% White, 31.2% Black or African American, 8.77% Hispanic or Latino, 2.24% Asian, 1.31% American Indian or Alaska Native, and 0.933% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at The Art Institute of Indianapolis in full-time Undergraduate programs are most commonly White Female (39.8%), followed by White Male (18.3%) and Black or African American Female (15.4%).

    Full-Time vs Part-Time Enrollment

    64.9%
    Full-Time Enrollment

    The total enrollment at The Art Institute of Indianapolis in 2017, both undergraduate and graduate, is 536 students. The full-time enrollment at The Art Institute of Indianapolis is 348 and the part-time enrollment is 188. This means that 64.9% of students enrolled at The Art Institute of Indianapolis are enrolled full-time compared with 74.1% at similar Special Focus Institutions.

    This chart shows the full-time vs part-time enrollment status at The Art Institute of Indianapolis (in red) compares to similar universities.

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    Retention Rate over Time

    55%
    2017 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 Art Institute of Indianapolis was 55%. Compared with the full-time retention rate at similar Special Focus Institutions (76%), The Art Institute of Indianapolis had a retention rate lower than its peers.

    This chart shows the retention rate over time at The Art Institute of Indianapolis (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2017)
    1. White
      282 enrolled students
    2. Black or African American
      167 enrolled students
    3. Hispanic or Latino
      47 enrolled students

    The enrolled student population at The Art Institute of Indianapolis is 52.6% White, 31.2% Black or African American, 8.77% Hispanic or Latino, 2.24% Asian, 1.31% American Indian or Alaska Native, and 0.933% 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 Special Focus Institutions is 39.9% White, 19.4% Hispanic or Latino, and 17% 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, 13 students (2.43%) did not report their race.

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    Graduates

    In 2018, 43 more women than men received degrees from The Art Institute of Indianapolis. The most common race/ethnicity group of degree recipients at The Art Institute of Indianapolis is white (89 degrees awarded). There were 2.97 times more white recipients than the next closest race/ethnicity group, black or african american (30 degrees).

    The most common Associates Degree concentration at The Art Institute of Indianapolis is Culinary Arts & Chef Training (32 degrees awarded), followed by Baking & Pastry Arts (21 degrees) and Commercial Photography (11 degrees).

    In 2018,  the most specialized majors across all degree types at The Art Institute of Indianapolis, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (68 degrees awarded), Visual & Performing Arts (63 degrees), and Computer and Information Sciences and Support Services (13 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 The Art Institute of Indianapolis are Accountants & auditors (1,031,346 people), Other managers (886,169 people), Software developers (801,722 people), Financial managers (546,075 people), and Chief executives & legislators (449,510 people).

    The most specialized majors at The Art Institute of Indianapolis in 2018 are Personal & Culinary Services (68 degrees awarded), Visual & Performing Arts (63 degrees), Computer and Information Sciences and Support Services (13 degrees), and Business (5 degrees) (as of 2018).

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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 The Art Institute of Indianapolis are Surgeons, Cardiovascular technologists and technicians, Chief executives & legislators, Magnetic resonance imaging technologists, and Dentists

    The most specialized majors at The Art Institute of Indianapolis are Personal & Culinary Services (68 degrees awarded), Visual & Performing Arts (63 degrees), Computer and Information Sciences and Support Services (13 degrees), and Business (5 degrees) (as of 2018).

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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 The Art Institute of Indianapolis are Computer Systems Design (1,218,456 people), Elementary & secondary schools (725,194 people), Colleges, universities & professional schools, including junior colleges (547,794 people), Banking & related activities (522,505 people), and Securities, commodities, funds, trusts & other financial investments (498,313 people).

    The most specialized majors at The Art Institute of Indianapolis are Personal & Culinary Services (68 degrees awarded), Visual & Performing Arts (63 degrees), Computer and Information Sciences and Support Services (13 degrees), and Business (5 degrees) (as of 2018).

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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 The Art Institute of Indianapolis.
    Most Common (2018)
    1. 2 degrees awarded
    2. 1 degrees awarded

    In 2018, the most common 1 to 2 year postsecondary certificate concentration at The Art Institute of Indianapolis was Culinary Arts & Chef Training with 2 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at The Art Institute of Indianapolis according to their major.

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    Sex Breakdown for Common Majors

    53
    Degrees Awarded to Men
    in 2018
    96
    Degrees Awarded to Women
    in 2018

    In 2018, 53 degrees were awarded to men at The Art Institute of Indianapolis, which is 0.552 times less than the number of degrees awarded to females (96).

    This chart displays the sex disparity between the top 5 majors at The Art Institute of Indianapolis by degrees awarded.

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    Most Common Male Majors

    In 2018, 17 degrees were awarded to men at The Art Institute of Indianapolis in Culinary Arts & Chef Training, which is 1 times approximately the same the 17 female recipients with that same degree.

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    Most Common Female Majors

    In 2018, 17 degrees were awarded to men at The Art Institute of Indianapolis in Culinary Arts & Chef Training, which is 1 times approximately the same the 17 male recipients with that same degree.

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    Time to Complete

    23%
    100% Completion Time
    33%
    150% Completion Time

    In 2017, 23% of students graduating from The Art Institute of Indianapolis completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 33% completed their degrees within 150% of the normal time, and 33% 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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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2018)
    1. White
      89 degrees awarded
    2. Black or African American
      30 degrees awarded
    3. Hispanic or Latino
      15 degrees awarded

    The most common race/ethnicity at The Art Institute of Indianapolis is white (89 degrees awarded). There were 2.97 times more white recipients than the next closest race/ethnicity group, black or african american (30 degrees).

    3.36% of degree recipients (5 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2018)
    1. White Female
      144 degrees awarded
    2. White Female
      114 degrees awarded
    3. White Female
      86 degrees awarded

    The most common race/ethnicity and sex grouping at The Art Institute of Indianapolis is white female (144 degrees awarded). There were 1.26 times more white female recipients than the next closest race/ethnicity group, white female (114 degrees).

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    Operations

    In 2017, The Art Institute of Indianapolis had a total salary expenditure of 10.7M. The Art Institute of Indianapolis employs 7 Instructors. Most academics at The Art Institute of Indianapolis are Male Instructor (4), and Female Instructor (3).

    The most common positions for non-instructional staff at The Art Institute of Indianapolis are: Office and Administrative Support, with 16 employees, Management, with 7 employees, and Business and Financial Operations with 5 employees.

    Salary Expenditure

    $3.98M
    2017 Salaries
    7.86%
    decline from 2016

    In 2017, The Art Institute of Indianapolis paid a median of $3.98M in salaries, which represents 37.3% of their overall expenditure ($10.7M) and a 7.86% decline from the previous year. This is compared to a 6.54% growth between 2015 and 2016, and a 14.1% decline between 2014 and 2015.

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    Instructional Salaries

    $413k
    Instructional Salaries
    7
    Number of Employees

    In 2017, The Art Institute of Indianapolis paid a total of $413k to 7 employees working as instructors, which represents 10.4% of all salaries paid.

    This is compared to a median of $213k (6.38%) for similar Special Focus Institutions.

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    Occupations by Share

    In 2017, the most common positions for non-instructional staff at The Art Institute of Indianapolis were Office and Administrative Support with 16 employees, Management with 7 employees, and Business and Financial Operations with 5 employees.

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