Drew University

www.drew.edu

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2023 Undergraduate Tuition

$44,260

2.75% growth from 2022

2023 Average Net Price

$28,193

After Financial Aid

2021 Default Rate

on Student Loans

2023 Acceptance Rate

69.4%

4,604 Applicants

2023 Enrolled Students

2,226

82.4% Full-Time

2023 Graduation Rate

72.4%

268 Graduates

About

Drew University is a higher education institution located in Morris County, NJ. In 2023, the most popular Bachelors Degree concentrations at Drew University were General Business Administration & Management (52 degrees awarded), General Psychology (34 degrees), and General Biological Sciences (30 degrees).

In 2023, 542 degrees were awarded across all undergraduate and graduate programs at Drew University. 59% of these degrees were awarded to women, and 41% awarded men. The most common race/ethnicity group of degree recipients was white (254 degrees), 4.7 times more than then the next closest race/ethnicity group, hispanic or latino (54 degrees).

The median undergraduate tuition at Drew University is $44,260, which is $14,980 more than the national average for Baccalaureate Colleges ($29,280).

In 2021 the default rate for borrower's at Drew University was 0%, corresponding to 0 out of the 408 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2023, the median undergraduate tuition at Drew University is $44,260, which is $14,980 more than the national average for Baccalaureate Colleges ($29,280).

After taking grants and loans into account, the average net price for students is $28,193.

In 2023, 90% of undergraduate students attending Drew University received financial aid through grants. Comparatively, 58% of undergraduate students received financial aid through loans.

Tuition Costs

$44,260

2023 Undergraduate Tuition

In 2023, the cost of tuition at Drew University was $44,260. The cost of tuition at Drew University is $14,980 more than than the overall (public and private) national average for Baccalaureate Colleges ($29,280).

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

Average Net Price

$28,193

2023 Value

0.0355%

1 Year Growth

In 2023 Drew University had an average net price — the price paid after factoring in grants and loans — of $28,193. Between 2022 and 2023, the average net price of Drew University grew by 0.0355%.

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

$16,402

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Drew University was of $16,402 in 2023. The cost of room and board increased by 3.37% between 2022 and 2023.

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

90%

Undergraduates Receiving Financial Aid through Grants

58%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Drew University received financial aid through grants or loans in 2023. This represents a decline of 1.1% with respect to 2022, when 91% 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.

2021 Default Rate

Number of Defaults

In 2021 the default rate for borrower's at Drew University was 0%, which represents 0 out of the 408 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 4,604 undergraduate applications in 2023, which represents a 19.4% annual growth. Out of those 4,604 applicants, 3,197 students were accepted for enrollment, representing a 69.4% acceptance rate.

There were 2,226 students enrolled at Drew University in 2023. 28% of first-time enrollees submitted SAT scores with their applications.

Drew University has an overall enrollment yield of 12.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

69.4%

Acceptance Rate in 2023

3,197

Accepted Out of 4,604

In 2023, the undergraduate acceptance rate of Drew University was 69.4% (3,197 admissions from 4,604 applications). This is lower than the acceptance rate of 2022, which was 72.7%. Between 2022 and 2023, the number of applicants grew by 19.4%, while admissions grew by 14.1%.

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

28%

Submission Percentage (2023)

111

Scores Submitted (2023)

28% of enrolled first-time students at Drew University in 2023 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 2,226 students in 2023. The full-time enrollment at Drew University is 1,834 students and the part-time enrollment is 392. This means that 82.4% of students enrolled at Drew University are enrolled full-time.

The enrolled student population at Drew University, both undergraduate and graduate, is 51.5% White, 11% Black or African American, 3.82% Hispanic or Latino, 3.55% Asian, 2.92% Two or More Races, 0.314% American Indian or Alaska Native, and 0.18% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Drew University in full-time Undergraduate programs are most commonly White Female (32.7%), followed by White Male (23.3%) and Black or African American Female (5.83%). Students enrolled in full-time Graduate programs are most commonly White Female (17.1%), followed by White Male (15.9%) and Black or African American Female (4.84%).

Full-Time vs Part-Time Enrollment

82.4%

Full-Time Enrollment

The total enrollment at Drew University in 2023, both undergraduate and graduate, is 2,226 students. The full-time enrollment at Drew University is 1,834 and the part-time enrollment is 392. This means that 82.4% of students enrolled at Drew University are enrolled full-time compared with 78.8% 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

84%

2023 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 84%. Compared with the full-time retention rate at similar Baccalaureate Colleges (74%), 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 (2023)

White
1,146 enrolled students
Black or African American
244 enrolled students
Hispanic or Latino
85 enrolled students

The enrolled student population at Drew University is 51.5% White, 11% Black or African American, 3.82% Hispanic or Latino, 3.55% Asian, 2.92% Two or More Races, 0.314% American Indian or Alaska Native, and 0.18% 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 53.2% White, 14.1% Hispanic or Latino, and 12.9% 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, 161 students (7.23%) did not report their race.

Graduates

In 2023, 98 more women than men received degrees from Drew University. The most common race/ethnicity group of degree recipients at Drew University is white (254 degrees awarded). There were 4.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (54 degrees).

The most common Bachelor's Degree concentration at Drew University is General Business Administration & Management (52 degrees awarded), followed by General Psychology (34 degrees) and General Biological Sciences (30 degrees).

In 2023, 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 (88 degrees awarded), Philosophy and Religious Studies (18 degrees), and English (27 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 (418,016 people), Other managers (315,395 people), Elementary & middle school teachers (205,640 people), Postsecondary teachers (184,178 people), and Chief executives & legislators (145,270 people).

The most specialized majors at Drew University in 2023 are Theology (88 degrees awarded), Philosophy and Religious Studies (18 degrees), English (27 degrees), Social Sciences (86 degrees), and Natural Resources & Conservation (13 degrees) (as of 2023).

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, Diagnostic medical sonographers, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Nurse anesthetists

The most specialized majors at Drew University are Theology (88 degrees awarded), Philosophy and Religious Studies (18 degrees), English (27 degrees), Social Sciences (86 degrees), and Natural Resources & Conservation (13 degrees) (as of 2023).

Common Industries by Major

uninformed

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 uninformed (614,548 people), Elementary & secondary schools (530,367 people), Colleges, universities & professional schools, including junior colleges (401,499 people), Legal services (333,551 people), and Computer Systems Design (245,176 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 (2023)

General Business Administration & Management
52 degrees awarded
General Psychology
34 degrees awarded
General Biological Sciences
30 degrees awarded

In 2023, the most common bachelors degree concentration at Drew University was General Business Administration & Management with 52 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

222

Degrees Awarded to Men

in 2023

320

Degrees Awarded to Women

in 2023

In 2023, 222 degrees were awarded to men at Drew University, which is 0.694 times less than the number of degrees awarded to females (320).

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

Most Common Male Majors

In 2023, 33 degrees were awarded to men at Drew University in General Business Administration & Management, which is 1.74 times more than the 19 female recipients with that same degree.

Most Common Female Majors

In 2023, 30 degrees were awarded to men at Drew University in General Psychology, which is 7.5 times more than the 4 male recipients with that same degree.

Time to Complete

68%

100% Completion Time

74%

150% Completion Time

In 2023, 68% of students graduating from Drew University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 74% 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.

Two or More Races Female

Highest Graduation Rate (85.7%)

The student demographic with the highest graduation rate in 2023 at Drew University is Female and Two or More Races (85.7% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (74.3%).

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, 0.746% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
254 degrees awarded
Hispanic or Latino
54 degrees awarded
Black or African American
50 degrees awarded

The most common race/ethnicity at Drew University is white (254 degrees awarded). There were 4.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (54 degrees).

4.61% of degree recipients (25 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
158 degrees awarded
White Male
96 degrees awarded
Hispanic or Latino Female
38 degrees awarded

The most common race/ethnicity and sex grouping at Drew University is white female (158 degrees awarded). There were 1.65 times more white female recipients than the next closest race/ethnicity group, white male (96 degrees).

Operations

Drew University has an endowment valued at nearly $129M, as of the end of the 2023 fiscal year. The return on its endowment was of −1.19M (−0.922%) compared to the 4.79% average return (2.46M on 51.4M) across all Baccalaureate Colleges.

In 2023, Drew University had a total salary expenditure of 91.1M. Drew University employs 56 Professors, 46 Associate professors and 41 Assistant professors. Most academics at Drew University are Female Professor (29), Male Associate professor (28), and Male Professor (27).

The most common positions for non-instructional staff at Drew University are: Management, with 50 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 37 employees, and Office and Administrative Support with 28 employees.

Endowment

$129M

2023 Endowment

1.64%

decline from 2022

Drew University has an endowment valued at about $129M, as of the end of the 2023 fiscal year. The endowment of Drew University declined 1.64% from the previous year. The value of their endowment was $77.2M 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

$31.9M

2023 Salaries

3.39%

growth from 2022

In 2023, Drew University paid a median of $31.9M in salaries, which represents 35% of their overall expenditure ($91.1M) and a 3.39% growth from the previous year. This is compared to a 0.403% decline between 2021 and 2022, and a 12.3% decline between 2020 and 2021.

Instructional Salaries

$12.7M

Instructional Salaries

146

Number of Employees

In 2023, Drew University paid a total of $12.7M to 146 employees working as instructors, which represents 39.8% of all salaries paid.

This is compared to a median of $552k (3.27%) for similar Baccalaureate Colleges.

Occupations by Share

Professor

Most Common Instructor

56 Employees

Management

Most Common Non-Instructional Employee

50 Employees

In 2023, the most common positions for instructional staff at Drew University were Professor with 56 employees, Associate professor with 46 employees, and Assistant professor with 41 employees.

In 2023, the most common positions for non-instructional staff at Drew University were Management with 50 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 37 employees, and Office and Administrative Support with 28 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Professor
Male Associate professor
Male Professor

In 2023, the most common demographic for instructional staff at Drew University was Female Professor with 29 employees, Male Associate professor with 28 employees, and Male Professor with 27 employees.

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

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