American Academy of Art is a very small private art school located in Chicago, IL with a student to faculty ratio of 9 to 1. It has a total of 247 full-time undergraduate students. American Academy of Art offers 8 different majors. With an annual tuition of $34,800 per year, American Academy of Art is reasonably pricey. 50% of students graduate starting the next chapter of their lives, working. After college, alumni go on to take in near $31,100 per year, which is 25% less than the national median.