Drew University

www.drew.edu

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2022 Undergraduate Tuition

$43,074

3% growth from 2021

2022 Average Net Price

$28,183

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

72.7%

3,855 Applicants

2022 Enrolled Students

2,092

82.1% Full-Time

2022 Graduation Rate

73.7%

258 Graduates

About

Drew University is a higher education institution located in Morris County, NJ. In 2022, the most popular Bachelors Degree concentrations at Drew University were General Business Administration & Management (50 degrees awarded), General Psychology (47 degrees), and General Biological Sciences (28 degrees).

In 2022, 541 degrees were awarded across all undergraduate and graduate programs at Drew University. 55.8% of these degrees were awarded to women, and 44.2% awarded men. The most common race/ethnicity group of degree recipients was white (243 degrees), 3.38 times more than then the next closest race/ethnicity group, hispanic or latino (72 degrees).

The median undergraduate tuition at Drew University is $43,074, which is $14,744 more than the national average for Baccalaureate Colleges ($28,330).

In 2020 the default rate for borrower's at Drew University was 0%, corresponding to 0 out of the 373 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2022, the median undergraduate tuition at Drew University is $43,074, which is $14,744 more than the national average for Baccalaureate Colleges ($28,330).

After taking grants and loans into account, the average net price for students is $28,183.

In 2022, 91% of undergraduate students attending Drew University received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

Tuition Costs

$43,074

2022 Undergraduate Tuition

In 2022, the cost of tuition at Drew University was $43,074. The cost of tuition at Drew University is $14,744 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,330).

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

Average Net Price

$28,183

2022 Value

65.5%

1 Year Growth

In 2022 Drew University had an average net price — the price paid after factoring in grants and loans — of $28,183. Between 2021 and 2022, the average net price of Drew University grew by 65.5%.

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

$15,868

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Drew University was of $15,868 in 2022. The cost of room and board increased by 7.78% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,200. 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 by Income Level

91%

Undergraduates Receiving Financial Aid through Grants

38%

Undergraduates Receiving Financial Aid through Loans

91% of undergraduate students at Drew University received financial aid through grants or loans in 2022. This represents a growth of 1.11% with respect to 2021, when 90% 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Drew University was 0%, which represents 0 out of the 373 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 3,855 undergraduate applications in 2022, which represents a 8.84% annual growth. Out of those 3,855 applicants, 2,801 students were accepted for enrollment, representing a 72.7% acceptance rate.

There were 2,092 students enrolled at Drew University in 2022. 32% of first-time enrollees submitted SAT scores with their applications.

Drew University has an overall enrollment yield of 11%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

72.7%

Acceptance Rate in 2022

2,801

Accepted Out of 3,855

In 2022, the undergraduate acceptance rate of Drew University was 72.7% (2,801 admissions from 3,855 applications). This is lower than the acceptance rate of 2021, which was 79.7%. Between 2021 and 2022, the number of applicants grew by 8.84%, while admissions declined by 0.779%.

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

SAT Scores

32%

Submission Percentage (2022)

Scores Submitted (2022)

32% of enrolled first-time students at Drew University in 2022 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

Drew University had a total enrollment of 2,092 students in 2022. The full-time enrollment at Drew University is 1,717 students and the part-time enrollment is 375. This means that 82.1% of students enrolled at Drew University are enrolled full-time.

The enrolled student population at Drew University, both undergraduate and graduate, is 51.1% White, 10.3% Black or African American, 7.17% Two or More Races, 4.21% Asian, 2.29% Hispanic or Latino, and 0.143% American Indian or Alaska Native.

Students enrolled at Drew University in full-time Undergraduate programs are most commonly White Female (32.7%), followed by White Male (22.7%) and Black or African American Female (6.07%). Students enrolled in full-time Graduate programs are most commonly White Female (17.2%), followed by White Male (16.8%) and Black or African American Female (6%).

Full-Time vs Part-Time Enrollment

82.1%

Full-Time Enrollment

The total enrollment at Drew University in 2022, both undergraduate and graduate, is 2,092 students. The full-time enrollment at Drew University is 1,717 and the part-time enrollment is 375. This means that 82.1% of students enrolled at Drew University are enrolled full-time compared with 79.6% 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

88%

2022 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 88%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), 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 (2022)

White
1,068 enrolled students
Black or African American
216 enrolled students
Two or More Races
150 enrolled students

The enrolled student population at Drew University is 51.1% White, 10.3% Black or African American, 7.17% Two or More Races, 4.21% Asian, 2.29% Hispanic or Latino, and 0.143% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Baccalaureate Colleges is 54.3% White, 13.8% Hispanic or Latino, and 13.1% 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, 135 students (6.45%) did not report their race.

Graduates

In 2022, 63 more women than men received degrees from Drew University. The most common race/ethnicity group of degree recipients at Drew University is white (243 degrees awarded). There were 3.38 times more white recipients than the next closest race/ethnicity group, hispanic or latino (72 degrees).

The most common Bachelor's Degree concentration at Drew University is General Business Administration & Management (50 degrees awarded), followed by General Psychology (47 degrees) and General Biological Sciences (28 degrees).

In 2022, 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 (85 degrees awarded), Philosophy and Religious Studies (13 degrees), and Language & Linguistics (18 degrees).

Common Jobs by Major

Lawyers, & judges, magistrates, & other judicial workers

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 Lawyers, & judges, magistrates, & other judicial workers (419,628 people), Other managers (291,739 people), Elementary & middle school teachers (236,254 people), Postsecondary teachers (201,137 people), and Secondary school teachers (137,784 people).

The most specialized majors at Drew University in 2022 are Theology (85 degrees awarded), Philosophy and Religious Studies (13 degrees), Language & Linguistics (18 degrees), Social Sciences (88 degrees), and English (22 degrees) (as of 2022).

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 Drew University are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Drew University are Theology (85 degrees awarded), Philosophy and Religious Studies (13 degrees), Language & Linguistics (18 degrees), Social Sciences (88 degrees), and English (22 degrees) (as of 2022).

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 (567,541 people), Colleges, universities & professional schools, including junior colleges (416,494 people), Legal services (337,017 people), Computer Systems Design (236,013 people), and Justice, public order, & safety activities (202,528 people).

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 (2022)

General Business Administration & Management
50 degrees awarded
General Psychology
47 degrees awarded
General Biological Sciences
28 degrees awarded

In 2022, the most common bachelors degree concentration at Drew University was General Business Administration & Management with 50 degrees awarded.

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

Sex Breakdown for Common Majors

239

Degrees Awarded to Men

in 2022

302

Degrees Awarded to Women

in 2022

In 2022, 239 degrees were awarded to men at Drew University, which is 0.791 times less than the number of degrees awarded to females (302).

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

Most Common Male Majors

In 2022, 35 degrees were awarded to men at Drew University in General Business Administration & Management, which is 2.33 times more than the 15 female recipients with that same degree.

Most Common Female Majors

In 2022, 40 degrees were awarded to men at Drew University in General Psychology, which is 5.71 times more than the 7 male recipients with that same degree.

Time to Complete

64%

100% Completion Time

69%

150% Completion Time

In 2022, 64% of students graduating from Drew University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 69% completed their degrees within 150% of the normal time, and 70% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Drew University is Female and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 1.94% of graduates (5 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
243 degrees awarded
Hispanic or Latino
72 degrees awarded
Black or African American
54 degrees awarded

The most common race/ethnicity at Drew University is white (243 degrees awarded). There were 3.38 times more white recipients than the next closest race/ethnicity group, hispanic or latino (72 degrees).

6.28% of degree recipients (34 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
153 degrees awarded
White Male
90 degrees awarded
Hispanic or Latino Female
44 degrees awarded

The most common race/ethnicity and sex grouping at Drew University is white female (153 degrees awarded). There were 1.7 times more white female recipients than the next closest race/ethnicity group, white male (90 degrees).

Operations

Drew University has an endowment valued at nearly $131M, as of the end of the 2022 fiscal year. The return on its endowment was of −12.4M (−9.51%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Drew University had a total salary expenditure of 84.9M. Drew University employs 53 Professors, 44 Associate professors and 34 Assistant professors. Most academics at Drew University are Female Professor (28), Male Associate professor (25), and Male Professor (25).

The most common positions for non-instructional staff at Drew University are: Management, with 52 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 40 employees, and Office and Administrative Support with 37 employees.

Endowment

$131M

2022 Endowment

7.52%

decline from 2021

Drew University has an endowment valued at about $131M, as of the end of the 2022 fiscal year. The endowment of Drew University declined 7.52% from the previous year. The value of their endowment was $81.5M 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.

Salary Expenditure

$30.9M

2022 Salaries

0.403%

decline from 2021

In 2022, Drew University paid a median of $30.9M in salaries, which represents 36.4% of their overall expenditure ($84.9M) and a 0.403% decline from the previous year. This is compared to a 12.3% decline between 2020 and 2021, and a 7.67% decline between 2019 and 2020.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$11M

Instructional Salaries

131

Number of Employees

In 2022, Drew University paid a total of $11M to 131 employees working as instructors, which represents 35.5% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

53 Employees

Management

Most Common Non-Instructional Employee

52 Employees

In 2022, the most common positions for instructional staff at Drew University were Professor with 53 employees, Associate professor with 44 employees, and Assistant professor with 34 employees.

In 2022, the most common positions for non-instructional staff at Drew University were Management with 52 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 40 employees, and Office and Administrative Support with 37 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Professor
Male Associate professor
Male Professor

In 2022, the most common demographic for instructional staff at Drew University was Female Professor with 28 employees, Male Associate professor with 25 employees, and Male Professor with 25 employees.

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

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