Stevens Institute of Technology

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2017 Undergraduate Tuition

$48,784

3.5% growth from 2016

2017 Average Net Price

$38,469

After Financial Aid

2016 Student Loan

0.902%

Default Rate

2017 Acceptance Rate

43.9%

8,335 Applicants

2017 Enrolled Students

6,916

81.2% Full-Time

2017 Graduation Rate

83%

464 Graduates

About

Stevens Institute of Technology is a higher education institution located in Hudson County, NJ. In 2016, the most popular Bachelor's Degree concentrations at Stevens Institute of Technology were Mechanical Engineering (175 degrees awarded), General Business Administration & Management (93 degrees), and Electrical & Electronics Engineering (58 degrees).

In 2017, 2,729 degrees were awarded across all undergraduate and graduate programs at Stevens Institute of Technology. 28.4% of these degrees were awarded to women, and 71.6% awarded men. The majority of degree recipients were white (790 degrees), 1.58 times more than then the next closest race/ethnicity group, unknown (499 degrees).

The median undergraduate tuition at Stevens Institute of Technology is $48,784, which is $22,284 more than the national average for Doctoral Universities ($26,500).

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

The median undergraduate tuition at Stevens Institute of Technology is $48,784, which is $22,284 more than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $38,469.

In 2017, 92% of undergraduate students received federal grants, while 60% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$48,784

2017 Undergraduate Tuition

In 2017, the cost of tuition at Stevens Institute of Technology was $48,784. The cost of tuition at Stevens Institute of Technology is $22,284 more than than the overall (public and private) national average for Doctoral Universities ($26,500).

This chart compares the tuition costs of Stevens Institute of Technology (in red) with those of other similar universities.

Average Net Price

$38,469

2017 Value

3.5%

1 Year Growth

In 2017 Stevens Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $38,469. Between 2016 and 2017, the average net price of Stevens Institute of Technology grew by 3.5%.

This chart compares the average net price of Stevens Institute of Technology (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.

Other Student Expenses

$14,125

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Stevens Institute of Technology was of $14,125 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 7.62% between 2016 and 2017. The cost of books and supplies increased by 20% during the same period.

This chart compares the average student costs at Stevens Institute of Technology (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

92%

Of Undergraduates Receive Grants

60%

Of Undergraduates Receive Federal Loans

92% of undergraduate students at Stevens Institute of Technology received grants or loans in 2017. This represents a decline of 2.13% with respect to 2016, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Stevens Institute of Technology (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.

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.

0.902%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Stevens Institute of Technology was 0.902%, which represents 6 out of the 665 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.

Admissions

Stevens Institute of Technology received 8,335 undergraduate applications in 2017, which represents a 12.5% annual growth. Out of those 8,335 applicants, 3,657 students were accepted for enrollment, representing a 43.9% acceptance rate.

There were 6,916 students enrolled at Stevens Institute of Technology in 2017, and 55% of first-time enrollees submitted SAT scores with their applications.

Stevens Institute of Technology has an overall enrollment yield of 20.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

43.9%

Acceptance Rate in 2017

3,657

Accepted Out of 8,335

In 2017, the undergraduate acceptance rate of Stevens Institute of Technology was 43.9% (3,657 admissions from 8,335 applications). This is higher than the acceptance rate of 2016, which was 39.1%. Between 2016 and 2017, the number of applicants grew by 12.5%, while admissions grew by 26.2%.

This chart compares the acceptance rate of Stevens Institute of Technology (in red) with that of other similar universities.

SAT Scores

55%

Submission Percentage

417

Scores Submitted

55% of enrolled first-time students at Stevens Institute of Technology in 2017 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.

Enrollment

Stevens Institute of Technology has a total enrollment of 6,916 students. The full-time enrollment at Stevens Institute of Technology is 5,615 students and the part-time enrollment is 1,301. This means that 81.2% of students enrolled at Stevens Institute of Technology are enrolled full-time.

The enrolled student population at Stevens Institute of Technology, both undergraduate and graduate, is 40.2% White, 9.21% Asian, 5.03% Hispanic or Latino, 2.08% Black or African American, 0.174% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Stevens Institute of Technology in full-time Undergraduate programs are majority White Male (47.9%), followed by White Female (19.3%) and Asian Male (8.22%). Students enrolled in full-time Graduate programs are majority White Male (5.92%), followed by White Female (1.92%) and Asian Male (1.64%).

Full-Time vs Part-Time Enrollment

81.2%

Full-Time Enrollment

The total enrollment at Stevens Institute of Technology, both undergraduate and graduate, is 6,916 students. The full-time enrollment at Stevens Institute of Technology is 5,615 and the part-time enrollment is 1,301. This means that 81.2% of students enrolled at Stevens Institute of Technology are enrolled full-time compared with 78% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Stevens Institute of Technology (in red) compares to similar universities.

Retention Rate over Time

94%

2017 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 Stevens Institute of Technology was 94%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Stevens Institute of Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at Stevens Institute of Technology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
2,778
Asian
637
Hispanic or Latino
348

The enrolled student population at Stevens Institute of Technology is 40.2% White, 9.21% Asian, 5.03% Hispanic or Latino, 2.08% Black or African American, 0.174% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 607 students (8.78%) did not report their race.

Graduates

In 2017, 1177 fewer women than men received degrees from Stevens Institute of Technology. The majority of degree recipients at Stevens Institute of Technology are white (790 degrees awarded). There were 1.58 times more white graduates than the next closest race/ethnicity group, unknown (499 degrees).

The most common Bachelor's Degree concentration at Stevens Institute of Technology is Mechanical Engineering (175 degrees awarded), followed by General Business Administration & Management (93 degrees) and Electrical & Electronics Engineering (58 degrees).

The most specialized majors across all degree types at Stevens Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,390 degrees awarded), Math & Statistics (155 degrees), and Computer and Information Sciences and Support Services (548 degrees).

Workforce

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Stevens Institute of Technology are Software developers (836,383 people), Other managers (486,240 people), Miscellaneous engineers, including nuclear engineers (361,150 people), Civil engineers (245,120 people), and Postsecondary teachers (213,811 people).

The most specialized majors at Stevens Institute of Technology are Engineering (1,390 degrees awarded), Math & Statistics (155 degrees), Computer and Information Sciences and Support Services (548 degrees), Engineering Technologies (124 degrees), and Physical Sciences (43 degrees).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Stevens Institute of Technology are Physicians, Magnetic resonance imaging technologists, Chemists & materials scientists, Dentists, and Surgeons

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Stevens Institute of Technology are Computer Systems Design (969,300 people), Architectural, engineering & related services (469,123 people), Colleges, universities & professional schools, including junior colleges (429,127 people), Construction (306,661 people), and Elementary & secondary schools (266,999 people).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Stevens Institute of Technology.

Most Common

Mechanical Engineering
175 degree-majorss awarded
General Business Administration & Management
93 degree-majorss awarded
Electrical & Electronics Engineering
58 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Stevens Institute of Technology was Mechanical Engineering with 175 degree-majorss awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Stevens Institute of Technology according to their major.

Gender Breakdown for Common Majors

Degrees Awarded to Men

1,953
776

In 2017, 1,953 degrees were awarded to men at Stevens Institute of Technology, which is 2.52 times more than the number of degrees awarded to females (776).

This chart displays the gender disparity between the top 5 majors at Stevens Institute of Technology by degrees awarded.

Most Common Male Majors

In 2017, 254 degrees were awarded to men at Stevens Institute of Technology in Systems Engineering, which is 3.53 times more than the 72 female recipients with that same degree.

Most Common Female Majors

In 2017, 95 degrees were awarded to women at Stevens Institute of Technology in Computer Science, which is 0.426 times less than the 223 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

82%

150% Completion Time

In 2017, 38% of students graduating from Stevens Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 83% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Stevens Institute of Technology is Male and Black or African American (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

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, 11.9% of graduates (55 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
790 degrees awarded
Unknown
499 degrees awarded
Asian
221 degrees awarded

The most common race/ethnicity at Stevens Institute of Technology is white (790 degrees awarded). There were 1.58 times more white recipients than the next closest race/ethnicity group, unknown (499 degrees).

18.3% of degree recipients (499 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
580 degrees awarded
White Female
210 degrees awarded
Asian Male
142 degrees awarded

The most common race/ethnicity and gender grouping at Stevens Institute of Technology is white male (580 degrees awarded). There were 2.76 times more white male recipients than the next closest race/ethnicity group, white female (210 degrees).

Operations

Stevens Institute of Technology has an endowment valued at nearly $184M, as of the end of the 2017 fiscal year. The return on its endowment was of $15.5M (8.41%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Stevens Institute of Technology had a total salary expenditure of $219M. Stevens Institute of Technology employs 94 Assistant professors, 93 Associate professors, and 70 Professors. Most academics at Stevens Institute of Technology are Male Associate professors (68), Male Assistant professors(63), and Male Professors (58).

The most common positions for non-instructional staff at Stevens Institute of Technology are: Management, with 192 employees, Office and Administrative Support, with 120 employees, and Business and Financial Operations with 69 employees.

Finances

Endowment

$184M

2017 Endowment

10.8%

growth from 2016

Stevens Institute of Technology has an endowment valued at about $184M, as of the end of the 2017 fiscal year. The endowment of Stevens Institute of Technology grew 10.8% from the previous year. The value of their endowment was $103M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Stevens Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$27.7M - Federal
$3.03M - State
$0 - Local

As of 2017, Stevens Institute of Technology received $27.7M in grants and contracts from the federal government, $3.03M from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$110M

2017 Salaries

1.51%

growth from 2016

In 2017, Stevens Institute of Technology paid a median of $110M in salaries, which represents 50% of their overall expenditure ($219M) and a 1.51% growth from the previous year. This is compared to a 6.71% growth from 2015 and a 10.1% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

Instructional Salaries

$31.1M

Instructional Salaries

267

Number of Employees

In 2017, Stevens Institute of Technology paid a total of $31.1M to 267 employees working as instructors, which represents 28.4% of all salaries paid.

This is compared to a median of $64.9M (30.2%) for similar Doctoral Universities.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

94 Employees

Management

Most Common Non-Instructional Employee

192 Employees

In 2017, the most common positions for instructional staff at Stevens Institute of Technology were Assistant professor with 94 employees; Associate professor with 93 employees; and Associate professor with 70 employees.

In 2017, the most common positions for non-instructional staff at Stevens Institute of Technology were Management with 192 employees; Office and Administrative Support with 120 employees; and Business and Financial Operations with 69 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Associate professor
Male Assistant professor
Male Professor

In 2017, the most common demographic for instructional staff at Stevens Institute of Technology was Male Associate professor with 68 employees, Male Assistant professor with 63 employees, and Male Professor with 58 employees.

This chart shows the gender split between each academic rank present at Stevens Institute of Technology.

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