Musicians Institute vs. McNally Smith College of Music

Should I go to Musicians Institute or McNally Smith College of Music? Compare 50+ facts and figures about the colleges to help you determine if Musicians Institute or McNally Smith College of Music is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.
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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/