Drexel University

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2019 Undergraduate Tuition
$52,146
2.5% growth from 2018
2019 Average Net Price
$38,025
After Financial Aid
2017 Student Loan
2.37%
Default Rate
2019 Acceptance Rate
74.7%
31,824 Applicants
2019 Enrolled Students
24,205
75.3% Full-Time
2018 Graduation Rate
73.6%
2,215 Graduates

About

Drexel University is a higher education institution located in Philadelphia County, PA. In 2016, the most popular Bachelor's Degree concentrations at Drexel University were Registered Nursing (630 degrees awarded), Mechanical Engineering (219 degrees), and Accounting & Finance (181 degrees).

In 2019, 7,034 degrees were awarded across all undergraduate and graduate programs at Drexel University. 58.1% of these degrees were awarded to women, and 41.9% awarded men. The most common race/ethnicity group of degree recipients was white (3,789 degrees), 4.26 times more than then the next closest race/ethnicity group, asian (889 degrees).

The median undergraduate tuition at Drexel University is $52,146, which is $23,646 more than the national average for Doctoral Universities ($28,500).

Costs

The median undergraduate tuition at Drexel University is $52,146, which is $23,646 more than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $38,025.

In 2019, 87% of undergraduate students received federal grants, while 51% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$52,146
2019 Undergraduate Tuition

In 2019, the cost of tuition at Drexel University was $52,146. The cost of tuition at Drexel University is $23,646 more than than the overall (public and private) national average for Doctoral Universities ($28,500).

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

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Average Net Price

$38,025
2019 Value
3.53%
1 Year Growth

In 2019 Drexel University had an average net price — the price paid after factoring in grants and loans — of $38,025. Between 2018 and 2019, the average net price of Drexel University grew by 3.53%.

This chart compares the average net price of Drexel 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.

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Other Student Expenses

$14,079
Room and Board
$1,700
Books and Supplies

The average yearly cost of room and board at Drexel University was of $14,079 in 2019. During the same period, the average yearly cost of books and supplies was $1,700. The cost of room and board increased by 1.36% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

87%
Of Undergraduates Receive Grants
51%
Of Undergraduates Receive Federal Loans

87% of undergraduate students at Drexel University received grants or loans in 2019. This represents a growth of 3.57% with respect to 2018, when 84% of undergraduate students received financial aid.

This chart compares the average award discount at Drexel 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.
2.37%
2017 Default Rate
130
Number of Defaults

In 2017 the default rate for borrower's at Drexel University was 2.37%, which represents 130 out of the 5479 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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Admissions

Drexel University received 31,824 undergraduate applications in 2019, which represents a 5.23% annual growth. Out of those 31,824 applicants, 23,771 students were accepted for enrollment, representing a 74.7% acceptance rate.

There were 24,205 students enrolled at Drexel University in 2019, and 87% of first-time enrollees submitted SAT scores with their applications.

Drexel University has an overall enrollment yield of 13.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.7%
Acceptance Rate in 2019
23,771
Accepted Out of 31,824

In 2019, the undergraduate acceptance rate of Drexel University was 74.7% (23,771 admissions from 31,824 applications). This is lower than the acceptance rate of 2018, which was 76.9%. Between 2018 and 2019, the number of applicants grew by 5.23%, while admissions grew by 2.17%.

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

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SAT Scores

87%
Submission Percentage
2,745
Scores Submitted

87% of enrolled first-time students at Drexel 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.

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Enrollment

Drexel University has a total enrollment of 24,205 students. The full-time enrollment at Drexel University is 18,217 students and the part-time enrollment is 5,988. This means that 75.3% of students enrolled at Drexel University are enrolled full-time.

The enrolled student population at Drexel University, both undergraduate and graduate, is 51.9% White, 16% Asian, 7.94% Black or African American, 6.39% Hispanic or Latino, 3.54% Two or More Races, 0.0785% Native Hawaiian or Other Pacific Islanders, and 0.0785% American Indian or Alaska Native.

Students enrolled at Drexel University in full-time Undergraduate programs are most commonly White Male (27.7%), followed by White Female (22.1%) and Asian Male (10.6%). Students enrolled in full-time Graduate programs are most commonly White Female (27.5%), followed by White Male (20.3%) and Asian Female (7.47%).

Full-Time vs Part-Time Enrollment

75.3%
Full-Time Enrollment

The total enrollment at Drexel University, both undergraduate and graduate, is 24,205 students. The full-time enrollment at Drexel University is 18,217 and the part-time enrollment is 5,988. This means that 75.3% of students enrolled at Drexel University are enrolled full-time compared with 77.6% at similar Doctoral Universities.

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

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Retention Rate over Time

89%
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 Drexel University was 89%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Drexel University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    12,553
  2. Asian
    3,863
  3. Black or African American
    1,922

The enrolled student population at Drexel University is 51.9% White, 16% Asian, 7.94% Black or African American, 6.39% Hispanic or Latino, 3.54% Two or More Races, 0.0785% Native Hawaiian or Other Pacific Islanders, and 0.0785% 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 Doctoral Universities is 50.3% White, 14.3% Hispanic or Latino, and 9.48% 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, 769 students (3.18%) did not report their race.

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Graduates

In 2019, 1142 more women than men received degrees from Drexel University. The most common race/ethnicity group of degree recipients at Drexel University is white (3,789 degrees awarded). There were 4.26 times more white graduates than the next closest race/ethnicity group, asian (889 degrees).

The most common Bachelor's Degree concentration at Drexel University is Registered Nursing (630 degrees awarded), followed by Mechanical Engineering (219 degrees) and Accounting & Finance (181 degrees).

The most specialized majors across all degree types at Drexel University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Library Science (81 degrees awarded), Engineering (1,071 degrees), and Legal (197 degrees).

Workforce

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 Drexel University are Software developers (444,688 people), Other managers (429,441 people), Physicians (418,269 people), Miscellaneous engineers, including nuclear engineers (336,847 people), and Civil engineers (272,212 people).

The most specialized majors at Drexel University are Library Science (81 degrees awarded), Engineering (1,071 degrees), Legal (197 degrees), Visual & Performing Arts (432 degrees), and Biology (354 degrees).

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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 Drexel University are Surgeons, Cardiovascular technologists and technicians, Diagnostic medical sonographers, Securities, commodities, & financial services sales agents, and Physicians

The most specialized majors at Drexel University are Library Science (81 degrees awarded), Engineering (1,071 degrees), Legal (197 degrees), Visual & Performing Arts (432 degrees), and Biology (354 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Drexel University are Colleges, universities & professional schools, including junior colleges (516,648 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (510,733 people), Computer Systems Design (505,993 people), Architectural, engineering & related services (453,305 people), and Elementary & secondary schools (375,067 people).

The most specialized majors at Drexel University are Library Science (81 degrees awarded), Engineering (1,071 degrees), Legal (197 degrees), Visual & Performing Arts (432 degrees), and Biology (354 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Drexel University.
Most Common
  1. 630 degree-majorss awarded
  2. 219 degree-majorss awarded
  3. 181 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Drexel University was Registered Nursing with 630 degrees awarded.

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

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Gender Breakdown for Common Majors

2,946
Degrees Awarded to Men
in 2019
4,088
Degrees Awarded to Women
in 2019

In 2019, 2,946 degrees were awarded to men at Drexel University, which is 0.721 times less than the number of degrees awarded to females (4,088).

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

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Most Common Male Majors

In 2019, 238 degrees were awarded to men at Drexel University in Mechanical Engineering, which is 7.44 times more than the 32 female recipients with that same degree.

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Most Common Female Majors

In 2019, 881 degrees were awarded to women at Drexel University in Registered Nursing, which is 6.94 times more than the 127 male recipients with that same degree.

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Time to Complete

27%
100% Completion Time
71%
150% Completion Time

In 2019, 27% of students graduating from Drexel University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 72% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Female
Highest Graduation Rate (84%)

The student demographic with the highest graduation rate at Drexel University is Female and American Indian or Alaska Native (84% graduation rate). Across all Doctoral Universities, 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, 1.17% of graduates (26 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    3,789 degrees awarded
  2. Asian
    889 degrees awarded
  3. Black or African American
    554 degrees awarded

The most common race/ethnicity at Drexel University is white (3,789 degrees awarded). There were 4.26 times more white recipients than the next closest race/ethnicity group, asian (889 degrees).

3.95% of degree recipients (278 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    2,197 degrees awarded
  2. White Male
    1,592 degrees awarded
  3. Asian Female
    503 degrees awarded

The most common race/ethnicity and gender grouping at Drexel University is white female (2,197 degrees awarded). There were 1.38 times more white female recipients than the next closest race/ethnicity group, white male (1,592 degrees).

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Operations

Drexel University has an endowment valued at nearly $814M, as of the end of the 2019 fiscal year. The return on its endowment was of $50M (6.14%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Drexel University had a total salary expenditure of $1.07B. Drexel University employs 527 Instructors, 254 Professors, and 224 Associate professors. Most academics at Drexel University are Female Instructors (299), Male Instructors(228), and Male Professors (183).

The most common positions for non-instructional staff at Drexel University are: Business and Financial Operations, with 701 employees, Management, with 343 employees, and Office and Administrative Support with 322 employees.

Finances

Endowment

$814M
2019 Endowment
4.35%
growth from 2018

Drexel University has an endowment valued at about $814M, as of the end of the 2019 fiscal year. The endowment of Drexel University grew 4.35% from the previous year. The value of their endowment was $503M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $97.8M - Federal
  2. $4.81M - State
  3. $619k - Local

As of 2019, Drexel University received $97.8M in grants and contracts from the federal government, $4.81M from state grants and contracts, and $619k from local grants and contracts.

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Expenses

Salary Expenditure

$477M
2019 Salaries
4.46%
growth from 2018

In 2019, Drexel University paid a median of $477M in salaries, which represents 44.5% of their overall expenditure ($1.07B) and a 4.46% growth from the previous year. This is compared to a 4.82% decline from 2017 and a 2.81% decline from 2016.

The median for similar Doctoral Universities is 234M (42.4% of overall expenditures).

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Instructional Salaries

$125M
Instructional Salaries
1,116
Number of Employees

In 2019, Drexel University paid a total of $125M to 1,116 employees working as instructors, which represents 26.3% of all salaries paid.

This is compared to a median of $71.1M (30.3%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Instructor
Most Common Instructor
527 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
701 Employees

In 2019, the most common positions for instructional staff at Drexel University were Instructor with 527 employees; Professor with 254 employees; and Professor with 224 employees.

In 2019, the most common positions for non-instructional staff at Drexel University were Business and Financial Operations with 701 employees; Management with 343 employees; and Office and Administrative Support with 322 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female Instructor
  2. Male Instructor
  3. Male Professor

In 2019, the most common demographic for instructional staff at Drexel University was Female Instructor with 299 employees, Male Instructor with 228 employees, and Male Professor with 183 employees.

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

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