Cleveland Institute of Music

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2022 Undergraduate Tuition
$40,000
2022 Average Net Price
$29,383
After Financial Aid
2022 Acceptance Rate
36.2%
378 Applicants
2022 Enrolled Students
341
98.8% Full-Time
2022 Graduation Rate
82.7%
43 Graduates

About

Cleveland Institute of Music is a higher education institution located in Cuyahoga County, OH. In 2022, the most popular Bachelors Degree concentrations at Cleveland Institute of Music were General Music Performance (44 degrees awarded) and Music Theory & Composition (1 degrees).

In 2022, 96 degrees were awarded across all undergraduate and graduate programs at Cleveland Institute of Music. 51% of these degrees were awarded to women, and 49% awarded men. The most common race/ethnicity group of degree recipients was white (45 degrees), 4.5 times more than then the next closest race/ethnicity group, asian (10 degrees).

The median undergraduate tuition at Cleveland Institute of Music is $40,000, which is $25,059 more than the national average for Special Focus Institutions ($14,942).

Costs

In 2022, the median undergraduate tuition at Cleveland Institute of Music is $40,000, which is $25,059 more than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $29,383.

In 2022, 99% of undergraduate students attending Cleveland Institute of Music received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Tuition Costs

$40,000
2022 Undergraduate Tuition

In 2022, the cost of tuition at Cleveland Institute of Music was $40,000. The cost of tuition at Cleveland Institute of Music is $25,059 more than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$29,383
2022 Value
9.86%
1 Year Growth

In 2022 Cleveland Institute of Music had an average net price — the price paid after factoring in grants and loans — of $29,383. Between 2021 and 2022, the average net price of Cleveland Institute of Music grew by 9.86%.

This chart compares the average net price of Cleveland Institute of Music (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

$11,775
Room and Board
$600
Books and Supplies

The average yearly cost of room and board at Cleveland Institute of Music was of $11,775 in 2022. The cost of room and board increased by 2.06% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $600. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

99%
Undergraduates Receiving Financial Aid through Grants
42%
Undergraduates Receiving Financial Aid through Loans

99% of undergraduate students at Cleveland Institute of Music received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 99% of undergraduate students received financial aid.

This chart compares the average award discount at Cleveland Institute of Music (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.
0%
2019 Default Rate
0
Number of Defaults

In 2019 the default rate for borrower's at Cleveland Institute of Music was 0%, which represents 0 out of the 77 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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Admissions

Cleveland Institute of Music received 378 undergraduate applications in 2022, which represents a 17.1% annual growth. Out of those 378 applicants, 137 students were accepted for enrollment, representing a 36.2% acceptance rate.

There were 341 students enrolled at Cleveland Institute of Music in 2022.

Cleveland Institute of Music has an overall enrollment yield of 29.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

36.2%
Acceptance Rate in 2022
137
Accepted Out of 378

In 2022, the undergraduate acceptance rate of Cleveland Institute of Music was 36.2% (137 admissions from 378 applications). This is higher than the acceptance rate of 2021, which was 32.9%. Between 2021 and 2022, the number of applicants grew by 17.1%, while admissions declined by −8.67%..

This chart compares the acceptance rate of Cleveland Institute of Music (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Cleveland Institute of Music had a total enrollment of 341 students in 2022. The full-time enrollment at Cleveland Institute of Music is 337 students and the part-time enrollment is 4. This means that 98.8% of students enrolled at Cleveland Institute of Music are enrolled full-time.

The enrolled student population at Cleveland Institute of Music, both undergraduate and graduate, is 43.7% White, 15% Asian, 5.87% Hispanic or Latino, 4.4% Two or More Races, 3.23% Black or African American, and 1.17% American Indian or Alaska Native.

Students enrolled at Cleveland Institute of Music in full-time Undergraduate programs are most commonly White Male (24.2%), followed by White Female (21.7%) and Asian Female (11.6%). Students enrolled in full-time Graduate programs are most commonly White Male (20.9%), followed by White Female (19.4%) and Asian Male (4.32%).

Full-Time vs Part-Time Enrollment

98.8%
Full-Time Enrollment

The total enrollment at Cleveland Institute of Music in 2022, both undergraduate and graduate, is 341 students. The full-time enrollment at Cleveland Institute of Music is 337 and the part-time enrollment is 4. This means that 98.8% of students enrolled at Cleveland Institute of Music are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

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

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Retention Rate over Time

89%
2022 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 Cleveland Institute of Music was 89%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Cleveland Institute of Music had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    149 enrolled students
  2. Asian
    51 enrolled students
  3. Hispanic or Latino
    20 enrolled students

The enrolled student population at Cleveland Institute of Music is 43.7% White, 15% Asian, 5.87% Hispanic or Latino, 4.4% Two or More Races, 3.23% Black or African American, and 1.17% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 5 students (1.47%) did not report their race.

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Graduates

In 2022, 2 more women than men received degrees from Cleveland Institute of Music. The most common race/ethnicity group of degree recipients at Cleveland Institute of Music is white (45 degrees awarded). There were 4.5 times more white recipients than the next closest race/ethnicity group, asian (10 degrees).

The most common Bachelor's Degree concentration at Cleveland Institute of Music is General Music Performance (44 degrees awarded), followed by Music Theory & Composition (1 degrees).

In 2022,  the most specialized majors across all degree types at Cleveland Institute of Music, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (96 degrees awarded).

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 Cleveland Institute of Music are Graphic designers (92,580 people), Elementary & middle school teachers (79,338 people), Other managers (75,955 people), Other designers (56,534 people), and Postsecondary teachers (55,898 people).

The most specialized majors at Cleveland Institute of Music in 2022 are Visual & Performing Arts (96 degrees awarded) (as of 2022).

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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 Cleveland Institute of Music are Physicians, Surgeons, Magnetic resonance imaging technologists, Economists, and Dentists

The most specialized majors at Cleveland Institute of Music are Visual & Performing Arts (96 degrees awarded) (as of 2022).

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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 Cleveland Institute of Music are Elementary & secondary schools (175,537 people), Colleges, universities & professional schools, including junior colleges (120,978 people), Computer Systems Design (72,111 people), Specialized design services (58,214 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (47,269 people).

The most specialized majors at Cleveland Institute of Music are Visual & Performing Arts (96 degrees awarded) (as of 2022).

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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 Cleveland Institute of Music.
Most Common (2022)
  1. 44 degrees awarded
  2. 1 degrees awarded

In 2022, the most common bachelors degree concentration at Cleveland Institute of Music was General Music Performance with 44 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Cleveland Institute of Music according to their major.

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Sex Breakdown for Common Majors

47
Degrees Awarded to Men
in 2022
49
Degrees Awarded to Women
in 2022

In 2022, 47 degrees were awarded to men at Cleveland Institute of Music, which is 0.959 times less than the number of degrees awarded to females (49).

This chart displays the sex disparity between the top 5 majors at Cleveland Institute of Music by degrees awarded.

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Most Common Male Majors

In 2022, 46 degrees were awarded to men at Cleveland Institute of Music in General Music Performance, which is 0.939 times less than the 49 female recipients with that same degree.

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Most Common Female Majors

In 2022, 49 degrees were awarded to men at Cleveland Institute of Music in General Music Performance, which is 1.07 times more than the 46 male recipients with that same degree.

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Time to Complete

65%
100% Completion Time
73%
150% Completion Time

In 2022, 65% of students graduating from Cleveland Institute of Music completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 73% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Black or African American Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Cleveland Institute of Music is Male and Black or African American (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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, 32.6% of graduates (14 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    45 degrees awarded
  2. Asian
    10 degrees awarded
  3. Hispanic or Latino
    10 degrees awarded

The most common race/ethnicity at Cleveland Institute of Music is white (45 degrees awarded). There were 4.5 times more white recipients than the next closest race/ethnicity group, asian (10 degrees).

3.13% of degree recipients (3 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    24 degrees awarded
  2. White Female
    21 degrees awarded
  3. Asian Female
    7 degrees awarded

The most common race/ethnicity and sex grouping at Cleveland Institute of Music is white male (24 degrees awarded). There were 1.14 times more white male recipients than the next closest race/ethnicity group, white female (21 degrees).

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Operations

Cleveland Institute of Music has an endowment valued at nearly $46.1M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−16.4%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Cleveland Institute of Music had a total salary expenditure of 19.8M. Cleveland Institute of Music employs 36 No academic ranks. Most academics at Cleveland Institute of Music are Male No academic rank (18), and Female No academic rank (18).

The most common positions for non-instructional staff at Cleveland Institute of Music are: Management, with 21 employees, Service, with 8 employees, and Business and Financial Operations with 6 employees.

Endowment

$46.1M
2022 Endowment
14.9%
decline from 2021

Cleveland Institute of Music has an endowment valued at about $46.1M, as of the end of the 2022 fiscal year. The endowment of Cleveland Institute of Music declined 14.9% from the previous year. The value of their endowment was $34.4M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Cleveland Institute of Music (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Arts, Music & Design Schools Carnegie Classification grouping.

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Salary Expenditure

$10.6M
2022 Salaries
6.52%
growth from 2021

In 2022, Cleveland Institute of Music paid a median of $10.6M in salaries, which represents 53.4% of their overall expenditure ($19.8M) and a 6.52% growth from the previous year.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Instructional Salaries

$2.72M
Instructional Salaries
36
Number of Employees

In 2022, Cleveland Institute of Music paid a total of $2.72M to 36 employees working as instructors, which represents 25.8% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

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Occupations by Share

No academic rank
Most Common Instructor
36 Employees
Management
Most Common Non-Instructional Employee
21 Employees

In 2022, the most common positions for instructional staff at Cleveland Institute of Music was No academic rank with 36 employees.

In 2022, the most common positions for non-instructional staff at Cleveland Institute of Music were Management with 21 employees, Service with 8 employees, and Business and Financial Operations with 6 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male No academic rank
  2. Female No academic rank

In 2022, the most common demographic for instructional staff at Cleveland Institute of Music was Male No academic rank with 18 employees, and Female No academic rank with 18 employees.

This chart shows the sex split between each academic rank present at Cleveland Institute of Music.

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