The New England Conservatory of Music

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2019 Undergraduate Tuition
$49,580
3.51% growth from 2018
2019 Average Net Price
$46,620
After Financial Aid
2017 Student Loan
3.91%
Default Rate
2019 Acceptance Rate
36.9%
1,129 Applicants
2019 Enrolled Students
843
93.4% Full-Time
2018 Graduation Rate
85%
85 Graduates

About

The New England Conservatory of Music is a higher education institution located in Suffolk County, MA. In 2016, the most popular Bachelor's Degree concentrations at The New England Conservatory of Music were Stringed Instruments (32 degrees awarded), Voice & Opera (14 degrees), and Jazz & Jazz Studies (14 degrees).

In 2019, 279 degrees were awarded across all undergraduate and graduate programs at The New England Conservatory of Music. 50.2% of these degrees were awarded to women, and 49.8% awarded men. The most common race/ethnicity group of degree recipients was white (96 degrees), 3.31 times more than then the next closest race/ethnicity group, asian (29 degrees).

The median undergraduate tuition at The New England Conservatory of Music is $49,580, which is $35,080 more than the national average for Special Focus Institutions ($14,500).

Costs

The median undergraduate tuition at The New England Conservatory of Music is $49,580, which is $35,080 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $46,620.

In 2019, 90% of undergraduate students received federal grants, while 32% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$49,580
2019 Undergraduate Tuition

In 2019, the cost of tuition at The New England Conservatory of Music was $49,580. The cost of tuition at The New England Conservatory of Music is $35,080 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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Average Net Price

$46,620
2019 Value
2.63%
1 Year Growth

In 2019 The New England Conservatory of Music had an average net price — the price paid after factoring in grants and loans — of $46,620. Between 2018 and 2019, the average net price of The New England Conservatory of Music grew by 2.63%.

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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

$15,900
Room and Board
$500
Books and Supplies

The average yearly cost of room and board at The New England Conservatory of Music was of $15,900 in 2019. During the same period, the average yearly cost of books and supplies was $500. The cost of room and board increased by 1.27% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

90%
Of Undergraduates Receive Grants
32%
Of Undergraduates Receive Federal Loans

90% of undergraduate students at The New England Conservatory of Music received grants or loans in 2019. This represents a decline of 3.23% with respect to 2018, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at The New England Conservatory 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.
3.91%
2017 Default Rate
5
Number of Defaults

In 2017 the default rate for borrower's at The New England Conservatory of Music was 3.91%, which represents 5 out of the 128 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

The New England Conservatory of Music received 1,129 undergraduate applications in 2019, which represents a 4.25% annual growth. Out of those 1,129 applicants, 417 students were accepted for enrollment, representing a 36.9% acceptance rate.

There were 843 students enrolled at The New England Conservatory of Music in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

The New England Conservatory of Music has an overall enrollment yield of 29%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

36.9%
Acceptance Rate in 2019
417
Accepted Out of 1,129

In 2019, the undergraduate acceptance rate of The New England Conservatory of Music was 36.9% (417 admissions from 1,129 applications). This is higher than the acceptance rate of 2018, which was 36.5%. Between 2018 and 2019, the number of applicants grew by 4.25%, while admissions grew by 5.57%.

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SAT Scores

N/A%
Submission Percentage
N/A
Scores Submitted

N/A% of enrolled first-time students at The New England Conservatory of Music in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

The New England Conservatory of Music has a total enrollment of 843 students. The full-time enrollment at The New England Conservatory of Music is 787 students and the part-time enrollment is 56. This means that 93.4% of students enrolled at The New England Conservatory of Music are enrolled full-time.

The enrolled student population at The New England Conservatory of Music, both undergraduate and graduate, is 35.7% White, 9.37% Asian, 3.8% Two or More Races, 2.73% Hispanic or Latino, 2.14% Black or African American, 0% Native Hawaiian or Other Pacific Islanders, and 0% American Indian or Alaska Native.

Students enrolled at The New England Conservatory of Music in full-time Undergraduate programs are most commonly White Male (23.5%), followed by White Female (12.7%) and Asian Female (5.39%). Students enrolled in full-time Graduate programs are most commonly White Male (19.8%), followed by White Female (14.6%) and Asian Male (3.41%).

Full-Time vs Part-Time Enrollment

93.4%
Full-Time Enrollment

The total enrollment at The New England Conservatory of Music, both undergraduate and graduate, is 843 students. The full-time enrollment at The New England Conservatory of Music is 787 and the part-time enrollment is 56. This means that 93.4% of students enrolled at The New England Conservatory of Music are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at The New England Conservatory of Music (in red) compares to similar universities.

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Retention Rate over Time

91%
2019 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 New England Conservatory of Music was 91%. Compared with the full-time retention rate at similar Special Focus Institutions (72%), The New England Conservatory of Music had a retention rate higher than its peers.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    301
  2. Asian
    79
  3. Two or More Races
    32

The enrolled student population at The New England Conservatory of Music is 35.7% White, 9.37% Asian, 3.8% Two or More Races, 2.73% Hispanic or Latino, 2.14% Black or African American, 0% Native Hawaiian or Other Pacific Islanders, and 0% 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 44.8% White, 15.6% Hispanic or Latino, and 14.5% 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, 31 students (3.68%) did not report their race.

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Graduates

In 2019, 1 more women than men received degrees from The New England Conservatory of Music. The most common race/ethnicity group of degree recipients at The New England Conservatory of Music is white (96 degrees awarded). There were 3.31 times more white graduates than the next closest race/ethnicity group, asian (29 degrees).

The most common Bachelor's Degree concentration at The New England Conservatory of Music is Stringed Instruments (32 degrees awarded), followed by Voice & Opera (14 degrees) and Jazz & Jazz Studies (14 degrees).

The most specialized majors across all degree types at The New England Conservatory of Music, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (279 degrees awarded).

Workforce

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 New England Conservatory of Music are Graphic designers (96,595 people), Other managers (73,930 people), Elementary & middle school teachers (73,255 people), Postsecondary teachers (59,029 people), and Other designers (58,898 people).

The most specialized majors at The New England Conservatory of Music are Visual & Performing Arts (279 degrees awarded).

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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 New England Conservatory of Music are Physicians, Broadcast announcers and radio disc jockeys, Magnetic resonance imaging technologists, Chief executives & legislators, and Securities, commodities, & financial services sales agents

The most specialized majors at The New England Conservatory of Music are Visual & Performing Arts (279 degrees awarded).

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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 New England Conservatory of Music are Elementary & secondary schools (170,023 people), Colleges, universities & professional schools, including junior colleges (119,180 people), Specialized design services (59,359 people), Computer Systems Design (58,603 people), and Restaurants & Food Services (52,038 people).

The most specialized majors at The New England Conservatory of Music are Visual & Performing Arts (279 degrees awarded).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by The New England Conservatory of Music.
Most Common
  1. 32 degree-majorss awarded
  2. 14 degree-majorss awarded
  3. 14 degree-majorss awarded

In 2019, the most common bachelors degree concentration at The New England Conservatory of Music was Stringed Instruments with 32 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at The New England Conservatory of Music according to their major.

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Gender Breakdown for Common Majors

139
Degrees Awarded to Men
in 2019
140
Degrees Awarded to Women
in 2019

In 2019, 139 degrees were awarded to men at The New England Conservatory of Music, which is 0.993 times less than the number of degrees awarded to females (140).

This chart displays the gender disparity between the top 5 majors at The New England Conservatory of Music by degrees awarded.

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Most Common Male Majors

In 2019, 34 degrees were awarded to men at The New England Conservatory of Music in Stringed Instruments, which is 0.756 times less than the 45 female recipients with that same degree.

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Most Common Female Majors

In 2019, 45 degrees were awarded to women at The New England Conservatory of Music in Stringed Instruments, which is 1.32 times more than the 34 male recipients with that same degree.

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Time to Complete

64%
100% Completion Time
80%
150% Completion Time

In 2019, 64% of students graduating from The New England Conservatory of Music completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 80% completed their degrees within 150% of the normal time, and 80% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at The New England Conservatory of Music is Male and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (69.1%).

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, 2.35% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    96 degrees awarded
  2. Asian
    29 degrees awarded
  3. Two or More Races
    15 degrees awarded

The most common race/ethnicity at The New England Conservatory of Music is white (96 degrees awarded). There were 3.31 times more white recipients than the next closest race/ethnicity group, asian (29 degrees).

4.66% of degree recipients (13 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    52 degrees awarded
  2. White Female
    44 degrees awarded
  3. Asian Female
    19 degrees awarded

The most common race/ethnicity and gender grouping at The New England Conservatory of Music is white male (52 degrees awarded). There were 1.18 times more white male recipients than the next closest race/ethnicity group, white female (44 degrees).

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Operations

The New England Conservatory of Music has an endowment valued at nearly $122M, as of the end of the 2019 fiscal year. The return on its endowment was of $3.27M (2.67%), compared to the 2.77% average return ($279k on $10.1M) across all Special Focus Institutions.

In 2019, The New England Conservatory of Music had a total salary expenditure of $52.2M. The New England Conservatory of Music employs 126 No academic ranks, 0 N/A, and 0 N/A. Most academics at The New England Conservatory of Music are Male No academic ranks (83), Female No academic ranks(43), and N/A (0).

The most common positions for non-instructional staff at The New England Conservatory of Music are: Management, with 53 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 22 employees, and Office and Administrative Support with 20 employees.

Finances

Endowment

$122M
2019 Endowment
1.54%
decline from 2018

The New England Conservatory of Music has an endowment valued at about $122M, as of the end of the 2019 fiscal year. The endowment of The New England Conservatory of Music declined 1.54% from the previous year. The value of their endowment was $112M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at The New England Conservatory 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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Government Grants and Contracts

Grants & Contracts
  1. $20.9k - Federal
  2. $25k - State
  3. $0 - Local

As of 2019, The New England Conservatory of Music received $20.9k in grants and contracts from the federal government, $25k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$25.4M
2019 Salaries
7.03%
growth from 2018

In 2019, The New England Conservatory of Music paid a median of $25.4M in salaries, which represents 48.7% of their overall expenditure ($52.2M) and a 7.03% growth from the previous year. This is compared to a 7.21% growth from 2017 and a 4.74% growth from 2016.

The median for similar Special Focus Institutions is 2.89M (42.3% of overall expenditures).

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Instructional Salaries

$9.15M
Instructional Salaries
126
Number of Employees

In 2019, The New England Conservatory of Music paid a total of $9.15M to 126 employees working as instructors, which represents 36% of all salaries paid.

This is compared to a median of $857k (29.6%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

No academic rank
Most Common Instructor
126 Employees
Management
Most Common Non-Instructional Employee
53 Employees

In 2019, the most common positions for instructional staff at The New England Conservatory of Music were No academic rank with 126 employees; false with 0 employees; and false with 0 employees.

In 2019, the most common positions for non-instructional staff at The New England Conservatory of Music were Management with 53 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 22 employees; and Office and Administrative Support with 20 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male No academic rank
  2. Female No academic rank
  3. false

In 2019, the most common demographic for instructional staff at The New England Conservatory of Music was Male No academic rank with 83 employees, Female No academic rank with 43 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at The New England Conservatory of Music.

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