Drexel University

www.drexel.edu

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2022 Undergraduate Tuition
$56,595
3.34% growth from 2021
2022 Average Net Price
$39,267
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Acceptance Rate
79.6%
37,040 Applicants
2022 Enrolled Students
22,344
77.3% Full-Time

About

Drexel University is a higher education institution located in Philadelphia County, PA. In 2022, the most popular Bachelors Degree concentrations at Drexel University were Registered Nursing (581 degrees awarded), Accounting & Finance (229 degrees), and Mechanical Engineering (184 degrees).

The median undergraduate tuition at Drexel University is $56,595, which is $26,445 more than the national average for Doctoral Universities ($30,150).

In 2020 the default rate for borrower's at Drexel University was 0%, corresponding to 0 out of the 4768 total borrowers.

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Costs

In 2022, the median undergraduate tuition at Drexel University is $56,595, which is $26,445 more than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $39,267.

In 2022, 91% of undergraduate students attending Drexel University received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Tuition Costs

$56,595
2022 Undergraduate Tuition

In 2022, the cost of tuition at Drexel University was $56,595. The cost of tuition at Drexel University is $26,445 more than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

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Average Net Price

$39,267
2022 Value
50.6%
1 Year Growth

In 2022 Drexel University had an average net price — the price paid after factoring in grants and loans — of $39,267. Between 2021 and 2022, the average net price of Drexel University grew by 50.6%.

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

$16,965
Room and Board
$1,700
Books and Supplies

The average yearly cost of room and board at Drexel University was of $16,965 in 2022. The cost of room and board increased by 1.98% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,700. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

91%
Undergraduates Receiving Financial Aid through Grants
49%
Undergraduates Receiving Financial Aid through Loans

91% of undergraduate students at Drexel 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 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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Drexel University was 0%, which represents 0 out of the 4768 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 37,040 undergraduate applications in 2022, which represents a 7.3% annual growth. Out of those 37,040 applicants, 29,487 students were accepted for enrollment, representing a 79.6% acceptance rate.

There were 22,344 students enrolled at Drexel University in 2022. 41% of first-time enrollees submitted SAT scores with their applications.

Drexel University has an overall enrollment yield of 9.95%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79.6%
Acceptance Rate in 2022
29,487
Accepted Out of 37,040

In 2022, the undergraduate acceptance rate of Drexel University was 79.6% (29,487 admissions from 37,040 applications). This is lower than the acceptance rate of 2021, which was 82.6%. Between 2021 and 2022, the number of applicants grew by 7.3%, while admissions grew by 3.38%.

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

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SAT Scores

41%
Submission Percentage (2022)
1,196
Scores Submitted (2022)

41% of enrolled first-time students at Drexel 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.

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Enrollment

Drexel University had a total enrollment of 22,344 students in 2022. The full-time enrollment at Drexel University is 17,263 students and the part-time enrollment is 5,081. This means that 77.3% of students enrolled at Drexel University are enrolled full-time.

The enrolled student population at Drexel University, both undergraduate and graduate, is 47.5% White, 18.9% Asian, 9.2% Black or African American, 7.55% Hispanic or Latino, 3.97% Two or More Races, 0.0492% Native Hawaiian or Other Pacific Islanders, and 0.0492% American Indian or Alaska Native.

Students enrolled at Drexel University in full-time Undergraduate programs are most commonly White Male (23.9%), followed by White Female (20.3%) and Asian Male (12.3%). Students enrolled in full-time Graduate programs are most commonly White Female (26.8%), followed by White Male (18%) and Asian Female (8.76%).

Full-Time vs Part-Time Enrollment

77.3%
Full-Time Enrollment

The total enrollment at Drexel University in 2022, both undergraduate and graduate, is 22,344 students. The full-time enrollment at Drexel University is 17,263 and the part-time enrollment is 5,081. This means that 77.3% of students enrolled at Drexel University are enrolled full-time compared with 77.4% 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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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    10,616 enrolled students
  2. Asian
    4,216 enrolled students
  3. Black or African American
    2,055 enrolled students

The enrolled student population at Drexel University is 47.5% White, 18.9% Asian, 9.2% Black or African American, 7.55% Hispanic or Latino, 3.97% Two or More Races, 0.0492% Native Hawaiian or Other Pacific Islanders, and 0.0492% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 553 students (2.47%) did not report their race.

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Graduates

The most common Bachelor's Degree concentration at Drexel University is Registered Nursing (581 degrees awarded), followed by Accounting & Finance (229 degrees) and Mechanical Engineering (184 degrees).

In 2022,  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 (58 degrees awarded), Engineering (953 degrees), and Legal (250 degrees).

Common Jobs by Major

Elementary & middle school teachers
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 Elementary & middle school teachers (2,639,335 people), Other managers (2,238,430 people), Registered nurses (1,850,364 people), Software developers (1,446,628 people), and Accountants & auditors (1,374,574 people).

The most specialized majors at Drexel University in 2022 are Library Science (58 degrees awarded), Engineering (953 degrees), Legal (250 degrees), Language & Linguistics (115 degrees), and Biology (454 degrees) (as of 2022).

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Highest Paying Jobs by Major

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

The most specialized majors at Drexel University are Library Science (58 degrees awarded), Engineering (953 degrees), Legal (250 degrees), Language & Linguistics (115 degrees), and Biology (454 degrees) (as of 2022).

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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 Drexel University are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

The most specialized majors at Drexel University are Library Science (58 degrees awarded), Engineering (953 degrees), Legal (250 degrees), Language & Linguistics (115 degrees), and Biology (454 degrees) (as of 2022).

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    2,170 degrees awarded
  2. White Male
    1,602 degrees awarded
  3. Asian Female
    710 degrees awarded

The most common race/ethnicity and sex grouping at Drexel University is white female (2,170 degrees awarded). There were 1.35 times more white female recipients than the next closest race/ethnicity group, white male (1602 degrees).

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Operations

Salary Expenditure

$417M
2022 Salaries
4.28%
growth from 2021

In 2022, Drexel University paid a median of $417M in salaries, a 4.28% growth from the previous year. This is compared to a 9.35% decline between 2020 and 2021, and a 7.46% decline between 2019 and 2020.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

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