Puerto Rico Conservatory of Music

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2022 Undergraduate Tuition
$2,520
2022 Average Net Price
$7,102
After Financial Aid
2019 Default Rate
8.33%
on Student Loans
2022 Acceptance Rate
84.5%
58 Applicants
2022 Enrolled Students
326
62% Full-Time
2022 Graduation Rate
73.9%
17 Graduates

About

Puerto Rico Conservatory of Music is a higher education institution located in San Juan Municipio, PR. In 2022, the most popular Bachelors Degree concentrations at Puerto Rico Conservatory of Music were Stringed Instruments (16 degrees awarded), Jazz & Jazz Studies (13 degrees), and Woodwind Instruments (12 degrees).

In 2022, 70 degrees were awarded across all undergraduate and graduate programs at Puerto Rico Conservatory of Music. 35.7% of these degrees were awarded to women, and 64.3% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (67 degrees).

The median undergraduate tuition at Puerto Rico Conservatory of Music is $2,520, which is $−12,421 less than the national average for Special Focus Institutions ($14,942).

Costs

In 2022, the median undergraduate tuition at Puerto Rico Conservatory of Music is $2,520, which is $−12,422 less than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $7,102.

In 2022, 76% of undergraduate students attending Puerto Rico Conservatory of Music received financial aid through grants. Comparatively, 14% of undergraduate students received financial aid through loans.

Tuition Costs

$2,520
2022 Undergraduate Tuition

In 2022, the cost of tuition at Puerto Rico Conservatory of Music was $2,520. The cost of tuition at Puerto Rico Conservatory of Music is $−12,422 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$7,102
2022 Value
7.2%
1 Year Growth

In 2022 Puerto Rico Conservatory of Music had an average net price — the price paid after factoring in grants and loans — of $7,102. Between 2021 and 2022, the average net price of Puerto Rico Conservatory of Music grew by 7.2%.

This chart compares the average net price of Puerto Rico Conservatory 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

$10,000
Room and Board
$1,800
Books and Supplies

The average yearly cost of room and board at Puerto Rico Conservatory of Music was of $10,000 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,800. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

76%
Undergraduates Receiving Financial Aid through Grants
14%
Undergraduates Receiving Financial Aid through Loans

76% of undergraduate students at Puerto Rico Conservatory of Music received financial aid through grants or loans in 2022. This represents a growth of 15.2% with respect to 2021, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Puerto Rico 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.
8.33%
2019 Default Rate
4
Number of Defaults

In 2019 the default rate for borrower's at Puerto Rico Conservatory of Music was 8.33%, which represents 4 out of the 48 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

Puerto Rico Conservatory of Music received 58 undergraduate applications in 2022, which represents a 10.8% annual growth. Out of those 58 applicants, 49 students were accepted for enrollment, representing a 84.5% acceptance rate.

There were 326 students enrolled at Puerto Rico Conservatory of Music in 2022.

Puerto Rico Conservatory of Music has an overall enrollment yield of 91.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.5%
Acceptance Rate in 2022
49
Accepted Out of 58

In 2022, the undergraduate acceptance rate of Puerto Rico Conservatory of Music was 84.5% (49 admissions from 58 applications). This is higher than the acceptance rate of 2021, which was 50.8%. Between 2021 and 2022, the number of applicants grew by 10.8%, while admissions grew by 48.5%..

This chart compares the acceptance rate of Puerto Rico Conservatory 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

Puerto Rico Conservatory of Music had a total enrollment of 326 students in 2022. The full-time enrollment at Puerto Rico Conservatory of Music is 202 students and the part-time enrollment is 124. This means that 62% of students enrolled at Puerto Rico Conservatory of Music are enrolled full-time.

The enrolled student population at Puerto Rico Conservatory of Music, both undergraduate and graduate, is 95.4% Hispanic or Latino and 0.307% Black or African American.

Students enrolled at Puerto Rico Conservatory of Music in full-time Undergraduate programs are most commonly Hispanic or Latino Male (66.1%), followed by Hispanic or Latino Female (29.9%) and Black or African American Male (0.575%). Students enrolled in full-time Graduate programs are most commonly Hispanic or Latino Male (53.6%), followed by Hispanic or Latino Female (35.7%).

Full-Time vs Part-Time Enrollment

62%
Full-Time Enrollment

The total enrollment at Puerto Rico Conservatory of Music in 2022, both undergraduate and graduate, is 326 students. The full-time enrollment at Puerto Rico Conservatory of Music is 202 and the part-time enrollment is 124. This means that 62% of students enrolled at Puerto Rico Conservatory 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 Puerto Rico Conservatory of Music (in red) compares to similar universities.

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Retention Rate over Time

83%
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 Puerto Rico Conservatory of Music was 83%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Puerto Rico Conservatory of Music had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Hispanic or Latino
    311 enrolled students
  2. Black or African American
    1 enrolled students

The enrolled student population at Puerto Rico Conservatory of Music is 95.4% Hispanic or Latino and 0.307% Black or African American. 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, 0 students (0%) did not report their race.

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Graduates

In 2022, 20 fewer women than men received degrees from Puerto Rico Conservatory of Music. The most common race/ethnicity group of degree recipients at Puerto Rico Conservatory of Music is hispanic or latino (67 degrees awarded).

The most common Bachelor's Degree concentration at Puerto Rico Conservatory of Music is Stringed Instruments (16 degrees awarded), followed by Jazz & Jazz Studies (13 degrees) and Woodwind Instruments (12 degrees).

In 2022,  the most specialized majors across all degree types at Puerto Rico Conservatory of Music, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (65 degrees awarded) and Education (5 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Puerto Rico Conservatory of Music are Elementary & middle school teachers (1,579,195 people), Secondary school teachers (466,878 people), Education administrators (254,281 people), Special education teachers (185,554 people), and Preschool & kindergarten teachers (169,890 people).

The most specialized majors at Puerto Rico Conservatory of Music in 2022 are Visual & Performing Arts (65 degrees awarded) and Education (5 degrees) (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 Puerto Rico Conservatory of Music are Surgeons, Physicians, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Puerto Rico Conservatory of Music are Visual & Performing Arts (65 degrees awarded) and Education (5 degrees) (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 Puerto Rico Conservatory of Music are Elementary & secondary schools (2,755,004 people), Colleges, universities & professional schools, including junior colleges (298,532 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (133,360 people), Computer Systems Design (108,471 people), and Child day care services (102,879 people).

The most specialized majors at Puerto Rico Conservatory of Music are Visual & Performing Arts (65 degrees awarded) and Education (5 degrees) (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 Puerto Rico Conservatory of Music.
Most Common (2021)
  1. 15 degrees awarded
  2. 11 degrees awarded
  3. 10 degrees awarded

In 2021, the most common bachelors degree concentration at Puerto Rico Conservatory of Music was Jazz & Jazz Studies with 15 degrees awarded.

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

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Sex Breakdown for Common Majors

45
Degrees Awarded to Men
in 2022
25
Degrees Awarded to Women
in 2022

In 2022, 45 degrees were awarded to men at Puerto Rico Conservatory of Music, which is 1.8 times more than the number of degrees awarded to females (25).

This chart displays the sex disparity between the top 5 majors at Puerto Rico Conservatory of Music by degrees awarded.

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Most Common Male Majors

In 2022, 12 degrees were awarded to men at Puerto Rico Conservatory of Music in Jazz & Jazz Studies, which is 12 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2022, 8 degrees were awarded to men at Puerto Rico Conservatory of Music in Stringed Instruments, which is 0.889 times less than the 9 male recipients with that same degree.

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Time to Complete

25%
100% Completion Time
60%
150% Completion Time

In 2022, 25% of students graduating from Puerto Rico Conservatory of Music completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 60% 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.
Hispanic or Latino Female
Highest Graduation Rate (71.4%)

The student demographic with the highest graduation rate in 2022 at Puerto Rico Conservatory of Music is Female and Hispanic or Latino (71.4% 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, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Hispanic or Latino
Most Common Student Race or Ethnicity (2022)
67 degrees awarded

The most common race/ethnicity at Puerto Rico Conservatory of Music is hispanic or latino (67 degrees awarded).

0% of degree recipients (0 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Male
    42 degrees awarded
  2. Hispanic or Latino Female
    25 degrees awarded

The most common race/ethnicity and sex grouping at Puerto Rico Conservatory of Music is hispanic or latino male (42 degrees awarded). There were 1.68 times more hispanic or latino male recipients than the next closest race/ethnicity group, hispanic or latino female (25 degrees).

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Operations

Puerto Rico Conservatory of Music has an endowment valued at nearly $1.72M, as of the end of the 2022 fiscal year. The return on its endowment was of 1.89k (0.11%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, Puerto Rico Conservatory of Music had a total salary expenditure of 12.3M. Puerto Rico Conservatory of Music employs 12 Associate professors, 11 Professors and 8 Assistant professors. Most academics at Puerto Rico Conservatory of Music are Male Associate professor (10), Male Assistant professor (8), and Male Professor (6).

The most common positions for non-instructional staff at Puerto Rico Conservatory of Music are: Office and Administrative Support, with 23 employees, Management, with 15 employees, and Service with 6 employees.

Endowment

$1.72M
2022 Endowment
2.4%
growth from 2021

Puerto Rico Conservatory of Music has an endowment valued at about $1.72M, as of the end of the 2022 fiscal year. The endowment of Puerto Rico Conservatory of Music grew 2.4% from the previous year. The value of their endowment was $9.92M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Puerto Rico 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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Salary Expenditure

$4.89M
2022 Salaries
10.4%
growth from 2021

In 2022, Puerto Rico Conservatory of Music paid a median of $4.89M in salaries, which represents 39.6% of their overall expenditure ($12.3M) and a 10.4% 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

$1.42M
Instructional Salaries
39
Number of Employees

In 2022, Puerto Rico Conservatory of Music paid a total of $1.42M to 39 employees working as instructors, which represents 29% 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

Associate professor
Most Common Instructor
12 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
23 Employees

In 2022, the most common positions for instructional staff at Puerto Rico Conservatory of Music were Associate professor with 12 employees, Professor with 11 employees, and Assistant professor with 8 employees.

In 2022, the most common positions for non-instructional staff at Puerto Rico Conservatory of Music were Office and Administrative Support with 23 employees, Management with 15 employees, and Service with 6 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Associate professor
  2. Male Assistant professor
  3. Male Professor

In 2022, the most common demographic for instructional staff at Puerto Rico Conservatory of Music was Male Associate professor with 10 employees, Male Assistant professor with 8 employees, and Male Professor with 6 employees.

This chart shows the sex split between each academic rank present at Puerto Rico Conservatory of Music.

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