undergradly.
Private College

American Musical
and Dramatic Academy

Private College in New York, NY. Six-year graduation rate 56%. Median 10-year earnings $26,975.

Verdict Mixed outcomes
American Musical and Dramatic Academy · Campus
Median earnings · 10 yr
$26,975
Median debt at grad
$15,250
Mobility score
0.7
% bottom→top quintile
Graduation rate
56.5%
Federal loan default
0%

Ten-year median earnings of $26,975 are on the low side, which raises the bar for what this degree needs to cost. The six-year graduation rate is 57%, meaning about two in five students who start do not finish. Borrowing stays contained, with median debt at graduation of $15,250.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Mobility score 0.7 — limited economic uplift documented

Admissions

Acceptance rate
24%
Applicants
6,728
Yield rate
27.4%

An acceptance rate of 24% means admission is the exception — plan accordingly. 6,728 students applied in the most recent cycle — a mid-sized pool drawn mostly from the surrounding region. Yield sits at 27% — the remainder of admitted students enroll elsewhere or not at all.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading
SAT Math
ACT Composite

IPEDS Admissions · 2024

Apply at American Musical and Dramatic Academy →

Academics

Full-time retention
83%
Transfer-out rate
0%
Student:faculty
5:1

Completion is middling: 57% finish inside six years. Retention is strong at 83%, and first-year attrition is where most degrees are lost. Retention runs well ahead of completion, which means students are not leaving immediately; they are leaving somewhere between the second year and the finish line. A 5:1 ratio points to small classes and accessible faculty. This is a private nonprofit four-year college, so read every rate on this page against that peer group specifically.

Financial Aid

Average net price
$48,524
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
90%
degree- or certificate-seeking undergraduates
% receiving federal loans
59%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,502 degree- or certificate-seeking undergraduates

Net price averages $48,524 annually, so cost is the first thing to weigh here. The income table below is the number that matters — $25,437 at $0–30k versus $59,423 at $110k+. 90% of students get grant aid averaging $19,776, so the published price is a poor guide to what most pay. Most students borrow — 59% take federal loans to cover the gap.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
100%
Average grant
$17,156

IPEDS Student Financial Aid · 2023-24 · 387 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $25,437
$30–48k $27,924
$48–75k $43,968
$75–110k $51,214
$110k+ $59,423

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 884 of these 1,502 students, totalling $6,504,035 — an average of $7,358 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (New York County) — budget these against any cost-of-attendance housing estimate.

Studio
$2,529/mo
1 bedroom
$2,655/mo
2 bedroom (whole unit)
$2,910/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
51
Yellow Ribbon
Yes
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare American Musical and Dramatic Academy with peer institutions

How we evaluate American Musical and Dramatic Academy

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →