Drew University

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2021 Undergraduate Tuition
$41,820
5% growth from 2020
2021 Average Net Price
$17,033
After Financial Aid
2019 Student Loan
2.27%
Default Rate
2021 Acceptance Rate
79.7%
3,542 Applicants
2021 Enrolled Students
2,244
83.4% Full-Time
2021 Graduation Rate
73.9%
263 Graduates

About

Drew University is a higher education institution located in Morris County, NJ. In 2021, the most popular Masters Degree concentrations at Drew University were Divinity & Ministry (45 degrees awarded), Elementary Education & Teaching (11 degrees), and Secondary Education & Teaching (11 degrees).

In 2021, 571 degrees were awarded across all undergraduate and graduate programs at Drew University. 57.8% of these degrees were awarded to women, and 42.2% awarded men. The most common race/ethnicity group of degree recipients was white (260 degrees), 4.64 times more than then the next closest race/ethnicity group, black or african american (56 degrees).

The median undergraduate tuition at Drew University is $41,820, which is $13,315 more than the national average for Baccalaureate Colleges ($28,505).

dollarCosts

In 2021, the median undergraduate tuition at Drew University is $41,820, which is $13,315 more than the national average for Baccalaureate Colleges ($28,505).

After taking grants and loans into account, the average net price for students is $17,033.

In 2021, 90% of undergraduate students attending Drew University received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$41,820
2021 Undergraduate Tuition

In 2021, the cost of tuition at Drew University was $41,820. The cost of tuition at Drew University is $13,315 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,505).

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Average Net Price

$17,033
2021 Value
39.6%
1 Year Growth

In 2021 Drew University had an average net price — the price paid after factoring in grants and loans — of $17,033. Between 2020 and 2021, the average net price of Drew University grew by 39.6%.

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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.

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Other Student Expenses

$14,723
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Drew University was of $14,723 in 2021. The cost of room and board increased by 0.348% between 2020 and 2021.

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.

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Financial Aid by Income Level

90%
Undergraduates Receiving Financial Aid through Grants
47%
Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Drew University received financial aid through grants or loans in 2021. This represents a growth of 2.27% with respect to 2020, when 88% 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.

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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.
2.27%
2019 Default Rate
8
Number of Defaults

In 2019 the default rate for borrower's at Drew University was 2.27%, which represents 8 out of the 352 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.

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predictive-analysisAdmissions

Drew University received 3,542 undergraduate applications in 2021, which represents a 11.2% annual growth. Out of those 3,542 applicants, 2,823 students were accepted for enrollment, representing a 79.7% acceptance rate.

There were 2,244 students enrolled at Drew University in 2021.

Drew University has an overall enrollment yield of 12.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.7%
Acceptance Rate in 2021
2,823
Accepted Out of 3,542

In 2021, the undergraduate acceptance rate of Drew University was 79.7% (2,823 admissions from 3,542 applications). This is higher than the acceptance rate of 2020, which was 73.2%. Between 2020 and 2021, the number of applicants grew by 11.2%, while admissions declined by −3.26%..

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.

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bookEnrollment

Drew University had a total enrollment of 2,244 students in 2021. The full-time enrollment at Drew University is 1,872 students and the part-time enrollment is 372. This means that 83.4% of students enrolled at Drew University are enrolled full-time.

The enrolled student population at Drew University, both undergraduate and graduate, is 49.7% White, 9.98% Black or African American, 7.44% Two or More Races, 4.14% Asian, 3.57% Hispanic or Latino, and 0.223% American Indian or Alaska Native.

Students enrolled at Drew University in full-time Undergraduate programs are most commonly White Female (31.7%), followed by White Male (21.2%) and Black or African American Female (5.54%). Students enrolled in full-time Graduate programs are most commonly White Female (21.2%), followed by White Male (18.4%) and Black or African American Female (7.42%).

Full-Time vs Part-Time Enrollment

83.4%
Full-Time Enrollment

The total enrollment at Drew University in 2021, both undergraduate and graduate, is 2,244 students. The full-time enrollment at Drew University is 1,872 and the part-time enrollment is 372. This means that 83.4% of students enrolled at Drew University are enrolled full-time compared with 79.9% at similar Baccalaureate Colleges.

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

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Retention Rate over Time

88%
2021 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    1,115 enrolled students
  2. Black or African American
    224 enrolled students
  3. Two or More Races
    167 enrolled students

The enrolled student population at Drew University is 49.7% White, 9.98% Black or African American, 7.44% Two or More Races, 4.14% Asian, 3.57% Hispanic or Latino, and 0.223% 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 55% White, 13.5% Black or African American, and 13.4% 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, 146 students (6.51%) did not report their race.

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learningGraduates

In 2021, 89 more women than men received degrees from Drew University. The most common race/ethnicity group of degree recipients at Drew University is white (260 degrees awarded). There were 4.64 times more white recipients than the next closest race/ethnicity group, black or african american (56 degrees).

The most common Masters Degree concentration at Drew University is Divinity & Ministry (45 degrees awarded), followed by Elementary Education & Teaching (11 degrees) and Secondary Education & Teaching (11 degrees).

In 2021,  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 AND RELIGIOUS VOCATIONS. (87 degrees awarded), Language & Linguistics (16 degrees), and Social Sciences (86 degrees).

Common Jobs by Major

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 Physicians (420,266 people), Lawyers, & judges, magistrates, & other judicial workers (409,825 people), Other managers (354,071 people), Elementary & middle school teachers (295,304 people), and Postsecondary teachers (283,946 people).

The most specialized majors at Drew University in 2021 are THEOLOGY AND RELIGIOUS VOCATIONS. (87 degrees awarded), Language & Linguistics (16 degrees), Social Sciences (86 degrees), English (22 degrees), and Biology (67 degrees) (as of 2021).

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Highest Paying Jobs by Major

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, Physicians, Securities, commodities, & financial services sales agents, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Drew University are THEOLOGY AND RELIGIOUS VOCATIONS. (87 degrees awarded), Language & Linguistics (16 degrees), Social Sciences (86 degrees), English (22 degrees), and Biology (67 degrees) (as of 2021).

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Common Industries by Major

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 (668,759 people), Colleges, universities & professional schools, including junior colleges (619,713 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (584,831 people), Legal services (332,357 people), and Computer Systems Design (252,869 people).

The most specialized majors at Drew University are THEOLOGY AND RELIGIOUS VOCATIONS. (87 degrees awarded), Language & Linguistics (16 degrees), Social Sciences (86 degrees), English (22 degrees), and Biology (67 degrees) (as of 2021).

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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 (2020)
  1. 59 degrees awarded
  2. 38 degrees awarded
  3. 27 degrees awarded

In 2020, the most common bachelors degree concentration at Drew University was General Business Administration & Management with 59 degrees awarded.

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

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Sex Breakdown for Common Majors

241
Degrees Awarded to Men
in 2021
330
Degrees Awarded to Women
in 2021

In 2021, 241 degrees were awarded to men at Drew University, which is 0.73 times less than the number of degrees awarded to females (330).

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

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Most Common Male Majors

In 2021, 28 degrees were awarded to men at Drew University in General Business Administration & Management, which is 1.87 times more than the 15 female recipients with that same degree.

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Most Common Female Majors

In 2021, 33 degrees were awarded to men at Drew University in General Psychology, which is 8.25 times more than the 4 male recipients with that same degree.

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Time to Complete

66%
100% Completion Time
69%
150% Completion Time

In 2021, 66% 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 69% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Drew University is Male and Asian (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (72.9%).

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, 7.22% of graduates (19 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    260 degrees awarded
  2. Black or African American
    56 degrees awarded
  3. Hispanic or Latino
    56 degrees awarded

The most common race/ethnicity at Drew University is white (260 degrees awarded). There were 4.64 times more white recipients than the next closest race/ethnicity group, black or african american (56 degrees).

9.46% of degree recipients (54 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    172 degrees awarded
  2. White Male
    88 degrees awarded
  3. Hispanic or Latino Female
    36 degrees awarded

The most common race/ethnicity and sex grouping at Drew University is white female (172 degrees awarded). There were 1.95 times more white female recipients than the next closest race/ethnicity group, white male (88 degrees).

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briefcaseOperations

Drew University has an endowment valued at nearly $141M, as of the end of the 2021 fiscal year. The return on its endowment was of 20.1M (14.2%) compared to the 17.4% average return (9.13M on 52.4M) across all Baccalaureate Colleges.

In 2021, Drew University had a total salary expenditure of 74.8M. Drew University employs 64 Professors, 39 Associate professors and 27 Assistant professors. Most academics at Drew University are Female Professor (33), Male Professor (31), and Male Associate professor (24).

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 34 employees, and Office and Administrative Support with 33 employees.

Endowment

$141M
2021 Endowment
6.44%
decline from 2020

Drew University has an endowment valued at about $141M, as of the end of the 2021 fiscal year. The endowment of Drew University declined 6.44% from the previous year. The value of their endowment was $89M 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.

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Salary Expenditure

$31M
2021 Salaries
12.3%
decline from 2020

In 2021, Drew University paid a median of $31M in salaries, which represents 41.4% of their overall expenditure ($74.8M) and a 12.3% decline from the previous year.

The median for similar Baccalaureate Colleges is 15.1M (38.9% of overall expenditures).

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Instructional Salaries

$11M
Instructional Salaries
131
Number of Employees

In 2021, 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 $4.92M (32.5%) for similar Baccalaureate Colleges.

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Occupations by Share

Professor
Most Common Instructor
64 Employees
Management
Most Common Non-Instructional Employee
50 Employees

In 2021, the most common positions for instructional staff at Drew University were Professor with 64 employees, Associate professor with 39 employees, and Assistant professor with 27 employees.

In 2021, 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 34 employees, and Office and Administrative Support with 33 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Female Professor
  2. Male Professor
  3. Male Associate professor

In 2021, the most common demographic for instructional staff at Drew University was Female Professor with 33 employees, Male Professor with 31 employees, and Male Associate professor with 24 employees.

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

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