Drew University

www.drew.edu

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2024 Undergraduate Tuition

$45,950

3.82% growth from 2023

2024 Average Net Price

$28,425

After Financial Aid

2024 Acceptance Rate

67.8%

5,024 Applicants

2024 Enrolled Students

2,232

83.3% Full-Time

2024 Graduation Rate

70.5%

296 Graduates

About

Drew University is a higher education institution located in Morris County, NJ. In 2024, the most popular Bachelors Degree concentrations at Drew University were General Business Administration & Management (55 degrees awarded), General Psychology (37 degrees), and Other Communication & Media Studies (26 degrees).

In 2024, 530 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 (273 degrees), 5.15 times more than then the next closest race/ethnicity group, hispanic or latino (53 degrees).

The median undergraduate tuition at Drew University is $45,950, which is $17,772 more than the national average for Baccalaureate Colleges ($28,178).

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

In 2024, the median undergraduate tuition at Drew University is $45,950, which is $17,772 more than the national average for Baccalaureate Colleges ($28,178).

After taking grants and loans into account, the average net price for students is $28,425.

In 2024, 90% of undergraduate students attending Drew University received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Tuition Costs

$45,950

2024 Undergraduate Tuition

In 2024, the cost of tuition at Drew University was $45,950. The cost of tuition at Drew University is $17,772 more than than the overall (public and private) national average for Baccalaureate Colleges ($28,178).

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

Average Net Price

$28,425

2024 Value

0.823%

1 Year Growth

In 2024 Drew University had an average net price — the price paid after factoring in grants and loans — of $28,425. Between 2023 and 2024, the average net price of Drew University grew by 0.823%.

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

$17,492

Room and Board

$2,035

Books and Supplies

The average yearly cost of room and board at Drew University was of $17,492 in 2024. The cost of room and board increased by 6.64% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $2,035. The cost of books and supplies increased by 69.6% 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

45%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Drew University received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, 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.

Admissions

Drew University received 5,024 undergraduate applications in 2024, which represents a 9.12% annual growth. Out of those 5,024 applicants, 3,408 students were accepted for enrollment, representing a 67.8% acceptance rate.

There were 2,232 students enrolled at Drew University in 2024. 23% of first-time enrollees submitted SAT scores with their applications.

Drew University has an overall enrollment yield of 10.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.8%

Acceptance Rate in 2024

3,408

Accepted Out of 5,024

In 2024, the undergraduate acceptance rate of Drew University was 67.8% (3,408 admissions from 5,024 applications). This is lower than the acceptance rate of 2023, which was 69.4%. Between 2023 and 2024, the number of applicants grew by 9.12%, while admissions grew by 6.6%.

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

23%

Submission Percentage (2024)

Scores Submitted (2024)

23% of enrolled first-time students at Drew 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

Drew University had a total enrollment of 2,232 students in 2024. The full-time enrollment at Drew University is 1,860 students and the part-time enrollment is 372. This means that 83.3% of students enrolled at Drew University are enrolled full-time.

The enrolled student population at Drew University, both undergraduate and graduate, is 49% White, 11.9% Black or African American, 5.24% Hispanic or Latino, 3.76% Asian, 3.41% Two or More Races, 0.314% American Indian or Alaska Native, and 0.224% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Drew University in full-time Undergraduate programs are most commonly White Female (31.7%), followed by White Male (23.2%) and Black or African American Female (5.72%). Students enrolled in full-time Graduate programs are most commonly White Female (18.2%), followed by White Male (14.1%) and Black or African American Male (4.7%).

Full-Time vs Part-Time Enrollment

83.3%

Full-Time Enrollment

The total enrollment at Drew University in 2024, both undergraduate and graduate, is 2,232 students. The full-time enrollment at Drew University is 1,860 and the part-time enrollment is 372. This means that 83.3% of students enrolled at Drew University are enrolled full-time compared with 78.9% at similar Baccalaureate Colleges.

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

Retention Rate over Time

88%

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 Drew University was 88%. Compared with the full-time retention rate at similar Baccalaureate Colleges (75%), 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 (2024)

White
1,094 enrolled students
Black or African American
266 enrolled students
Hispanic or Latino
117 enrolled students

The enrolled student population at Drew University is 49% White, 11.9% Black or African American, 5.24% Hispanic or Latino, 3.76% Asian, 3.41% Two or More Races, 0.314% American Indian or Alaska Native, and 0.224% 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 50.5% White, 15.6% Hispanic or Latino, and 13.2% 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, 155 students (6.94%) did not report their race.

Graduates

In 2024, 62 more women than men received degrees from Drew University. The most common race/ethnicity group of degree recipients at Drew University is white (273 degrees awarded). There were 5.15 times more white recipients than the next closest race/ethnicity group, hispanic or latino (53 degrees).

The most common Bachelor's Degree concentration at Drew University is General Business Administration & Management (55 degrees awarded), followed by General Psychology (37 degrees) and Other Communication & Media Studies (26 degrees).

In 2024, 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 (74 degrees awarded), Philosophy and Religious Studies (23 degrees), and Natural Resources & Conservation (17 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 (441,706 people), Other managers (316,179 people), Elementary & middle school teachers (178,689 people), Postsecondary teachers (146,743 people), and Chief executives & legislators (144,449 people).

The most specialized majors at Drew University in 2024 are Theology (74 degrees awarded), Philosophy and Religious Studies (23 degrees), Natural Resources & Conservation (17 degrees), Social Sciences (74 degrees), and History (12 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 Drew University are Surgeons, Magnetic resonance imaging technologists, Diagnostic medical sonographers, Cardiovascular technologists and technicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Drew University are Theology (74 degrees awarded), Philosophy and Religious Studies (23 degrees), Natural Resources & Conservation (17 degrees), Social Sciences (74 degrees), and History (12 degrees) (as of 2024).

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 (464,769 people), Colleges, universities & professional schools, including junior colleges (347,186 people), Legal services (346,104 people), Computer Systems Design (233,696 people), and Justice, public order, & safety activities (217,136 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 (2024)

General Business Administration & Management
55 degrees awarded
General Psychology
37 degrees awarded
Other Communication & Media Studies
26 degrees awarded

In 2024, the most common bachelors degree concentration at Drew University was General Business Administration & Management with 55 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

234

Degrees Awarded to Men

in 2024

296

Degrees Awarded to Women

in 2024

In 2024, 234 degrees were awarded to men at Drew University, which is 0.791 times less than the number of degrees awarded to females (296).

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

Most Common Male Majors

In 2024, 37 degrees were awarded to men at Drew University in General Business Administration & Management, which is 2.06 times more than the 18 female recipients with that same degree.

Most Common Female Majors

In 2024, 27 degrees were awarded to men at Drew University in General Psychology, which is 2.7 times more than the 10 male recipients with that same degree.

Time to Complete

70%

100% Completion Time

74%

150% Completion Time

In 2024, 70% 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 75% 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.

White Female

Highest Graduation Rate (77.6%)

The student demographic with the highest graduation rate in 2024 at Drew University is Female and White (77.6% graduation rate). Across all Baccalaureate Colleges, 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, 6.51% of graduates (19 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
273 degrees awarded
Hispanic or Latino
53 degrees awarded
Black or African American
48 degrees awarded

The most common race/ethnicity at Drew University is white (273 degrees awarded). There were 5.15 times more white recipients than the next closest race/ethnicity group, hispanic or latino (53 degrees).

5.28% of degree recipients (28 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
191 degrees awarded
White Female
189 degrees awarded
White Female
181 degrees awarded

The most common race/ethnicity and sex grouping at Drew University is white female (191 degrees awarded). There were 1.01 times more white female recipients than the next closest race/ethnicity group, white female (189 degrees).

Operations

Drew University has an endowment valued at nearly $127M, as of the end of the 2024 fiscal year. The return on its endowment was of −1.52M (−1.2%) compared to the 7.58% average return (3.75M on 49.5M) across all Baccalaureate Colleges.

In 2024, Drew University had a total salary expenditure of 93.5M. Drew University employs 57 Professors, 43 Associate professors and 39 Assistant professors. Most academics at Drew University are Female Professor (30), Male Professor (27), and Male Associate professor (27).

The most common positions for non-instructional staff at Drew University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 52 employees, Management, with 46 employees, and Office and Administrative Support with 24 employees.

Endowment

$127M

2024 Endowment

1.48%

decline from 2023

Drew University has an endowment valued at about $127M, as of the end of the 2024 fiscal year. The endowment of Drew University declined 1.48% from the previous year. The value of their endowment was $77.3M 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

$33.4M

2024 Salaries

4.63%

growth from 2023

In 2024, Drew University paid a median of $33.4M in salaries, which represents 35.7% of their overall expenditure ($93.5M) and a 4.63% growth from the previous year. This is compared to a 3.39% growth between 2022 and 2023, and a 0.403% decline between 2021 and 2022.

Instructional Salaries

$12M

Instructional Salaries

139

Number of Employees

In 2024, Drew University paid a total of $12M to 139 employees working as instructors, which represents 35.9% of all salaries paid.

This is compared to a median of $522k (3.48%) for similar Baccalaureate Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Drew University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 52 employees, Management with 46 employees, and Office and Administrative Support with 24 employees.

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