Drew University

www.drew.edu

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2019 Undergraduate Tuition

$39,828

3% growth from 2018

2019 Average Net Price

$28,103

After Financial Aid

2017 Student Loan

4.25%

Default Rate

2019 Acceptance Rate

71.4%

3,928 Applicants

2019 Enrolled Students

2,319

85.5% Full-Time

2018 Graduation Rate

61.8%

223 Graduates

About

Drew University is a higher education institution located in Morris County, NJ. In 2016, the most popular Bachelor's Degree concentrations at Drew University were General Business Administration & Management (49 degrees awarded), General Psychology (33 degrees), and General Economics (26 degrees).

In 2019, 461 degrees were awarded across all undergraduate and graduate programs at Drew University. 58.8% of these degrees were awarded to women, and 41.2% awarded men. The most common race/ethnicity group of degree recipients was white (246 degrees), 6.15 times more than then the next closest race/ethnicity group, black or african american (40 degrees).

The median undergraduate tuition at Drew University is $39,828, which is $12,548 more than the national average for Baccalaureate Colleges ($27,280).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

The median undergraduate tuition at Drew University is $39,828, which is $12,548 more than the national average for Baccalaureate Colleges ($27,280).

After taking grants and loans into account, the average net price for students is $28,103.

In 2019, 88% of undergraduate students received federal grants, while 56% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$39,828

2019 Undergraduate Tuition

In 2019, the cost of tuition at Drew University was $39,828. The cost of tuition at Drew University is $12,548 more than than the overall (public and private) national average for Baccalaureate Colleges ($27,280).

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

Average Net Price

$28,103

2019 Value

3.07%

1 Year Growth

In 2019 Drew University had an average net price — the price paid after factoring in grants and loans — of $28,103. Between 2018 and 2019, the average net price of Drew University grew by 3.07%.

This chart compares the average net price of Drew 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

$14,108

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Drew University was of $14,108 in 2019. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 3.01% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

56%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Drew University received grants or loans in 2019. This represents a growth of 1.15% with respect to 2018, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Drew 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.

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.

4.25%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Drew University was 4.25%, which represents 17 out of the 400 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

Drew University received 3,928 undergraduate applications in 2019, which represents a 3.7% annual growth. Out of those 3,928 applicants, 2,805 students were accepted for enrollment, representing a 71.4% acceptance rate.

There were 2,319 students enrolled at Drew University in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Drew University has an overall enrollment yield of 14.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.4%

Acceptance Rate in 2019

2,805

Accepted Out of 3,928

In 2019, the undergraduate acceptance rate of Drew University was 71.4% (2,805 admissions from 3,928 applications). This is higher than the acceptance rate of 2018, which was 69.2%. Between 2018 and 2019, the number of applicants grew by 3.7%, while admissions grew by 6.98%.

This chart compares the acceptance rate of Drew University (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Drew University in 2019 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

Drew University has a total enrollment of 2,319 students. The full-time enrollment at Drew University is 1,982 students and the part-time enrollment is 337. This means that 85.5% of students enrolled at Drew University are enrolled full-time.

The enrolled student population at Drew University, both undergraduate and graduate, is 45.8% White, 13.2% Hispanic or Latino, 10.4% Black or African American, 3.84% Asian, 2.67% Two or More Races, 0.216% American Indian or Alaska Native, and 0.129% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Drew University in full-time Undergraduate programs are most commonly White Female (27.8%), followed by White Male (19.1%) and Hispanic or Latino Female (11.3%). Students enrolled in full-time Graduate programs are most commonly White Female (23.5%), followed by White Male (15.3%) and Black or African American Female (10.9%).

Full-Time vs Part-Time Enrollment

85.5%

Full-Time Enrollment

The total enrollment at Drew University, both undergraduate and graduate, is 2,319 students. The full-time enrollment at Drew University is 1,982 and the part-time enrollment is 337. This means that 85.5% of students enrolled at Drew University are enrolled full-time compared with 81.1% at similar Baccalaureate Colleges.

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

Retention Rate over Time

85%

2019 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 Drew University was 85%. Compared with the full-time retention rate at similar Baccalaureate Colleges (73%), Drew University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,061
Hispanic or Latino
306
Black or African American
242

The enrolled student population at Drew University is 45.8% White, 13.2% Hispanic or Latino, 10.4% Black or African American, 3.84% Asian, 2.67% Two or More Races, 0.216% American Indian or Alaska Native, and 0.129% 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 Baccalaureate Colleges is 55% White, 14% Black or African American, and 13.1% Hispanic or Latino.

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, 124 students (5.35%) did not report their race.

Graduates

In 2019, 81 more women than men received degrees from Drew University. The most common race/ethnicity group of degree recipients at Drew University is white (246 degrees awarded). There were 6.15 times more white graduates than the next closest race/ethnicity group, black or african american (40 degrees).

The most common Bachelor's Degree concentration at Drew University is General Business Administration & Management (49 degrees awarded), followed by General Psychology (33 degrees) and General Economics (26 degrees).

The most specialized majors across all degree types at Drew University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (52 degrees awarded), Philosophy and Religious Studies (9 degrees), and Language & Linguistics (15 degrees).

Workforce

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Drew University are Clergy (116,246 people), Postsecondary teachers (64,260 people), Other managers (61,798 people), Lawyers, & judges, magistrates, & other judicial workers (59,063 people), and Elementary & middle school teachers (58,003 people).

The most specialized majors at Drew University are Theology (52 degrees awarded), Philosophy and Religious Studies (9 degrees), Language & Linguistics (15 degrees), Natural Resources & Conservation (13 degrees), and Cultural & Gender Studies (7 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

Highest Paying Job

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

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Drew University are Elementary & secondary schools (146,955 people), Religious organizations (128,157 people), Colleges, universities & professional schools, including junior colleges (121,551 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (47,038 people), and Computer Systems Design (46,090 people).

Degrees

Majors Awarded

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

Most Common

General Business Administration & Management
49 degree-majorss awarded
General Psychology
33 degree-majorss awarded
General Economics
26 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Drew University was General Business Administration & Management with 49 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Drew University according to their major.

Gender Breakdown for Common Majors

190

Degrees Awarded to Men

in 2019

271

Degrees Awarded to Women

in 2019

In 2019, 190 degrees were awarded to men at Drew University, which is 0.701 times less than the number of degrees awarded to females (271).

This chart displays the gender disparity between the top 5 majors at Drew University by degrees awarded.

Most Common Male Majors

In 2019, 34 degrees were awarded to men at Drew University in General Business Administration & Management, which is 2.27 times more than the 15 female recipients with that same degree.

Most Common Female Majors

In 2019, 25 degrees were awarded to women at Drew University in General Psychology, which is 3.13 times more than the 8 male recipients with that same degree.

Time to Complete

59%

100% Completion Time

62%

150% Completion Time

In 2019, 59% of students graduating from Drew University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 62% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges 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.

Asian Female

Highest Graduation Rate (77.8%)

The student demographic with the highest graduation rate at Drew University is Female and Asian (77.8% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (69.1%).

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, 7.17% of graduates (16 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
246 degrees awarded
Black or African American
40 degrees awarded
Hispanic or Latino
37 degrees awarded

The most common race/ethnicity at Drew University is white (246 degrees awarded). There were 6.15 times more white recipients than the next closest race/ethnicity group, black or african american (40 degrees).

8.03% of degree recipients (37 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
158 degrees awarded
White Male
88 degrees awarded
Black or African American Female
27 degrees awarded

The most common race/ethnicity and gender grouping at Drew University is white female (158 degrees awarded). There were 1.8 times more white female recipients than the next closest race/ethnicity group, white male (88 degrees).

Operations

Drew University has an endowment valued at nearly $94.8M, as of the end of the 2019 fiscal year. The return on its endowment was of $14.6M (15.4%), compared to the 3.99% average return ($1.62M on $40.7M) across all Baccalaureate Colleges.

In 2019, Drew University had a total salary expenditure of $98.4M. Drew University employs 51 Associate professors, 45 Professors, and 42 Assistant professors. Most academics at Drew University are Male Associate professors (27), Male Professors(26), and Female Associate professors (24).

The most common positions for non-instructional staff at Drew University are: Management, with 60 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 46 employees, and Office and Administrative Support with 45 employees.

Finances

Endowment

$94.8M

2019 Endowment

3.42%

growth from 2018

Drew University has an endowment valued at about $94.8M, as of the end of the 2019 fiscal year. The endowment of Drew University grew 3.42% from the previous year. The value of their endowment was $54.1M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$238k - Federal
$1.27M - State
$0 - Local

As of 2019, Drew University received $238k in grants and contracts from the federal government, $1.27M from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$38.3M

2019 Salaries

4.14%

growth from 2018

In 2019, Drew University paid a median of $38.3M in salaries, which represents 38.9% of their overall expenditure ($98.4M) and a 4.14% growth from the previous year. This is compared to a 6.7% decline from 2017 and a 5.17% growth from 2016.

The median for similar Baccalaureate Colleges is 15.5M (41% of overall expenditures).

Instructional Salaries

$11.5M

Instructional Salaries

139

Number of Employees

In 2019, Drew University paid a total of $11.5M to 139 employees working as instructors, which represents 30% of all salaries paid.

This is compared to a median of $4.89M (31.6%) for similar Baccalaureate Colleges.

Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

51 Employees

Management

Most Common Non-Instructional Employee

60 Employees

In 2019, the most common positions for instructional staff at Drew University were Associate professor with 51 employees; Professor with 45 employees; and Professor with 42 employees.

In 2019, the most common positions for non-instructional staff at Drew University were Management with 60 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 46 employees; and Office and Administrative Support with 45 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Associate professor
Male Professor
Female Associate professor

In 2019, the most common demographic for instructional staff at Drew University was Male Associate professor with 27 employees, Male Professor with 26 employees, and Female Associate professor with 24 employees.

This chart shows the gender split between each academic rank present at Drew University.

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