Drexel University

https://drexel.edu

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2024 Undergraduate Tuition

$60,042

3% growth from 2023

2024 Average Net Price

$42,801

After Financial Aid

2024 Acceptance Rate

79.4%

37,314 Applicants

2024 Enrolled Students

21,153

79.5% Full-Time

2024 Graduation Rate

78.2%

2,620 Graduates

About

Drexel University is a higher education institution located in Philadelphia County, PA. In 2024, the most popular Bachelors Degree concentrations at Drexel University were Registered Nursing (381 degrees awarded), Accounting & Finance (194 degrees), and Computer Science (192 degrees).

In 2024, 6,742 degrees were awarded across all undergraduate and graduate programs at Drexel University. 56.4% of these degrees were awarded to women, and 43.6% awarded men. The most common race/ethnicity group of degree recipients was white (3,269 degrees), 2.66 times more than then the next closest race/ethnicity group, asian (1,227 degrees).

The median undergraduate tuition at Drexel University is $60,042, which is $28,122 more than the national average for Doctoral Universities ($31,920).

Photo by Tom Ipri

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2024, the median undergraduate tuition at Drexel University is $60,042, which is $28,122 more than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $42,801.

In 2024, 92% of undergraduate students attending Drexel University received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Tuition Costs

$60,042

2024 Undergraduate Tuition

In 2024, the cost of tuition at Drexel University was $60,042. The cost of tuition at Drexel University is $28,122 more than than the overall (public and private) national average for Doctoral Universities ($31,920).

This chart compares the tuition costs of Drexel University (in red) with those of other similar universities.

Average Net Price

$42,801

2024 Value

1.08%

1 Year Growth

In 2024 Drexel University had an average net price — the price paid after factoring in grants and loans — of $42,801. Between 2023 and 2024, the average net price of Drexel University grew by 1.08%.

This chart compares the average net price of Drexel University (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

$17,712

Room and Board

$1,700

Books and Supplies

The average yearly cost of room and board at Drexel University was of $17,712 in 2024. The cost of room and board increased by 2.37% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,700. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Drexel University (in red) with that of similar universities.

Financial Aid by Income Level

92%

Undergraduates Receiving Financial Aid through Grants

49%

Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at Drexel University received financial aid through grants or loans in 2024. This represents a growth of 1.1% with respect to 2023, when 91% of undergraduate students received financial aid.

This chart compares the average award discount at Drexel University (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.

Admissions

Drexel University received 37,314 undergraduate applications in 2024, which represents a 7.19% annual growth. Out of those 37,314 applicants, 29,642 students were accepted for enrollment, representing a 79.4% acceptance rate.

There were 21,153 students enrolled at Drexel University in 2024. 34% of first-time enrollees submitted SAT scores with their applications.

Drexel University has an overall enrollment yield of 8.09%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.4%

Acceptance Rate in 2024

29,642

Accepted Out of 37,314

In 2024, the undergraduate acceptance rate of Drexel University was 79.4% (29,642 admissions from 37,314 applications). This is higher than the acceptance rate of 2023, which was 77.5%. Between 2023 and 2024, the number of applicants declined by 7.19%, while admissions declined by 4.91%.

This chart compares the acceptance rate of Drexel University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

34%

Submission Percentage (2024)

804

Scores Submitted (2024)

34% of enrolled first-time students at Drexel University in 2024 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Drexel University had a total enrollment of 21,153 students in 2024. The full-time enrollment at Drexel University is 16,813 students and the part-time enrollment is 4,340. This means that 79.5% of students enrolled at Drexel University are enrolled full-time.

The enrolled student population at Drexel University, both undergraduate and graduate, is 42.9% White, 20.2% Asian, 10.6% Black or African American, 8.38% Hispanic or Latino, 4.19% Two or More Races, 0.0851% American Indian or Alaska Native, and 0.0473% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Drexel University in full-time Undergraduate programs are most commonly White Male (22.3%), followed by White Female (18.5%) and Asian Male (12.9%). Students enrolled in full-time Graduate programs are most commonly White Female (24%), followed by White Male (15.4%) and Asian Female (9.66%).

Full-Time vs Part-Time Enrollment

79.5%

Full-Time Enrollment

The total enrollment at Drexel University in 2024, both undergraduate and graduate, is 21,153 students. The full-time enrollment at Drexel University is 16,813 and the part-time enrollment is 4,340. This means that 79.5% of students enrolled at Drexel University are enrolled full-time compared with 77.3% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Drexel University (in red) compares to similar universities.

Retention Rate over Time

90%

2024 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 Drexel University was 90%. Compared with the full-time retention rate at similar Doctoral Universities (82%), Drexel University had a retention rate higher than its peers.

This chart shows the retention rate over time at Drexel University (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
9,077 enrolled students
Asian
4,268 enrolled students
Black or African American
2,250 enrolled students

The enrolled student population at Drexel University is 42.9% White, 20.2% Asian, 10.6% Black or African American, 8.38% Hispanic or Latino, 4.19% Two or More Races, 0.0851% American Indian or Alaska Native, and 0.0473% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 488 students (2.31%) did not report their race.

Graduates

In 2024, 858 more women than men received degrees from Drexel University. The most common race/ethnicity group of degree recipients at Drexel University is white (3,269 degrees awarded). There were 2.66 times more white recipients than the next closest race/ethnicity group, asian (1,227 degrees).

The most common Bachelor's Degree concentration at Drexel University is Registered Nursing (381 degrees awarded), followed by Accounting & Finance (194 degrees) and Computer Science (192 degrees).

In 2024, the most specialized majors across all degree types at Drexel University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Library Science (52 degrees awarded), Engineering (926 degrees), and Language & Linguistics (87 degrees).

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 Drexel University are Software developers (499,383 people), Miscellaneous engineers, including nuclear engineers (366,985 people), Other managers (354,386 people), Civil engineers (310,733 people), and Mechanical engineers (220,208 people).

The most specialized majors at Drexel University in 2024 are Library Science (52 degrees awarded), Engineering (926 degrees), Language & Linguistics (87 degrees), Interdisciplinary Studies (380 degrees), and Legal (183 degrees) (as of 2024).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Drexel University are Surgeons, Chief executives & legislators, Podiatrists, Securities, commodities, & financial services sales agents, and Physicians

The most specialized majors at Drexel University are Library Science (52 degrees awarded), Engineering (926 degrees), Language & Linguistics (87 degrees), Interdisciplinary Studies (380 degrees), and Legal (183 degrees) (as of 2024).

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 Drexel University are Computer Systems Design (515,553 people), Architectural, engineering & related services (458,592 people), Construction (323,217 people), Elementary & secondary schools (268,611 people), and Colleges, universities & professional schools, including junior colleges (256,883 people).

Majors Awarded

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

Most Common (2024)

General Hispanic & Latin American Languages, Literatures, & Linguistics
23 degrees awarded
General East Asian Languages, Literatures, & Linguistics
19 degrees awarded
Lactation Consultant
16 degrees awarded

In 2024, the most common 1 to 2 year postsecondary certificate concentration at Drexel University was General Hispanic & Latin American Languages, Literatures, & Linguistics with 23 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Drexel University according to their major.

Sex Breakdown for Common Majors

2,942

Degrees Awarded to Men

in 2024

3,800

Degrees Awarded to Women

in 2024

In 2024, 2,942 degrees were awarded to men at Drexel University, which is 0.774 times less than the number of degrees awarded to females (3,800).

This chart displays the sex disparity between the top 5 majors at Drexel University by degrees awarded.

Most Common Male Majors

In 2024, 285 degrees were awarded to men at Drexel University in Computer Science, which is 5.59 times more than the 51 female recipients with that same degree.

Most Common Female Majors

In 2024, 617 degrees were awarded to men at Drexel University in Registered Nursing, which is 7.81 times more than the 79 male recipients with that same degree.

Time to Complete

31%

100% Completion Time

78%

150% Completion Time

In 2024, 31% of students graduating from Drexel University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 78% completed their degrees within 150% of the normal time, and 79% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (88%)

The student demographic with the highest graduation rate in 2024 at Drexel University is Female and Asian (88% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

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, 1.6% of graduates (42 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
3,269 degrees awarded
Asian
1,227 degrees awarded
Black or African American
583 degrees awarded

The most common race/ethnicity at Drexel University is white (3,269 degrees awarded). There were 2.66 times more white recipients than the next closest race/ethnicity group, asian (1,227 degrees).

2.39% of degree recipients (161 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
2,341 degrees awarded
White Female
2,299 degrees awarded
White Female
2,197 degrees awarded

The most common race/ethnicity and sex grouping at Drexel University is white female (2,341 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white female (2,299 degrees).

Operations

Drexel University has an endowment valued at nearly $1.07B, as of the end of the 2024 fiscal year. The return on its endowment was of 85.3M (7.98%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, Drexel University had a total salary expenditure of 1.08B. Drexel University employs 469 Instructors, 237 Professors and 181 Associate professors. Most academics at Drexel University are Female Instructor (247), Male Instructor (222), and Male Professor (159).

The most common positions for non-instructional staff at Drexel University are: Management, with 489 employees, Business and Financial Operations, with 436 employees, and Computer, Engineering, and Science with 350 employees.

Endowment

$1.07B

2024 Endowment

10.7%

growth from 2023

Drexel University has an endowment valued at about $1.07B, as of the end of the 2024 fiscal year. The endowment of Drexel University grew 10.7% from the previous year. The value of their endowment was $817M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Drexel University (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: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$129M - Federal
$4.7M - State
$1.21M - Local

As of 2024, Drexel University received $129M in grants and contracts from the federal government, $4.7M from state grants and contracts, and $1.21M from local grants and contracts.

Salary Expenditure

$456M

2024 Salaries

4.34%

growth from 2023

In 2024, Drexel University paid a median of $456M in salaries, which represents 42.2% of their overall expenditure ($1.08B) and a 4.34% growth from the previous year. This is compared to a 4.72% growth between 2022 and 2023, and a 4.28% growth between 2021 and 2022.

Instructional Salaries

$122M

Instructional Salaries

1,007

Number of Employees

In 2024, Drexel University paid a total of $122M to 1,007 employees working as instructors, which represents 26.7% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Drexel University were Management with 489 employees, Business and Financial Operations with 436 employees, and Computer, Engineering, and Science with 350 employees.

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