Drexel University

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2017 Undergraduate Tuition

$49,632

2% growth from 2016

2017 Average Net Price

$40,977

After Financial Aid

2016 Student Loan

3.12%

Default Rate

2017 Acceptance Rate

79%

28,454 Applicants

2017 Enrolled Students

24,190

74.5% Full-Time

2016 Graduation Rate

69.8%

1,881 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 (647 degrees awarded), Mechanical Engineering (252 degrees), and General Finance (250 degrees).

In 2017, 7,679 degrees were awarded across all undergraduate and graduate programs at Drexel University. 55.2% of these degrees were awarded to women, and 44.8% awarded men. The majority of degree recipients were white (4,202 degrees), 4.74 times more than then the next closest race/ethnicity group, asian (886 degrees).

The median undergraduate tuition at Drexel University is $49,632, which is $23,132 more than the national average for Doctoral Universities ($26,500).

Costs

The median undergraduate tuition at Drexel University is $49,632, which is $23,132 more than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $40,977.

In 2017, 80% of undergraduate students received federal grants, while 53% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$49,632

2017 Undergraduate Tuition

In 2017, the cost of tuition at Drexel University was $49,632. The cost of tuition at Drexel University is $23,132 more than than the overall (public and private) national average for Doctoral Universities ($26,500).

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Average Net Price

$40,977

2017 Value

5.01%

1 Year Growth

In 2017 Drexel University had an average net price — the price paid after factoring in grants and loans — of $40,977. Between 2016 and 2017, the average net price of Drexel University grew by 5.01%.

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

$14,367

Room and Board

$1,700

Books and Supplies

The average yearly cost of room and board at Drexel University was of $14,367 in 2017. During the same period, the average yearly cost of books and supplies was $1,700. The cost of room and board decreased by 2.46% between 2016 and 2017. The cost of books and supplies decreased by 19.5% during the same period.

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Financial Aid

Financial Aid by Income Level

80%

Of Undergraduates Receive Grants

53%

Of Undergraduates Receive Federal Loans

80% of undergraduate students at Drexel University received grants or loans in 2017. This represents a growth of 2.56% with respect to 2016, when 78% 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.

3.12%

2016 Default Rate

184

Number of Defaults

In 2016 the default rate for borrower's at Drexel University was 3.12%, which represents 184 out of the 5892 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 28,454 undergraduate applications in 2017, which represents a 0.273% annual decline. Out of those 28,454 applicants, 22,489 students were accepted for enrollment, representing a 79% acceptance rate.

There were 24,190 students enrolled at Drexel University in 2017, and 82% of first-time enrollees submitted SAT scores with their applications.

Drexel University has an overall enrollment yield of 14.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

79%

Acceptance Rate in 2017

22,489

Accepted Out of 28,454

In 2017, the undergraduate acceptance rate of Drexel University was 79% (22,489 admissions from 28,454 applications). This is higher than the acceptance rate of 2016, which was 74.6%. Between 2016 and 2017, the number of applicants declined by -0.273%, while admissions grew by 5.59%.

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

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SAT Scores

82%

Submission Percentage

2,694

Scores Submitted

82% of enrolled first-time students at Drexel University in 2017 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 24,190 students. The full-time enrollment at Drexel University is 18,014 students and the part-time enrollment is 6,176. This means that 74.5% of students enrolled at Drexel University are enrolled full-time.

The enrolled student population at Drexel University, both undergraduate and graduate, is 52.2% White, 13.6% Asian, 8.37% Black or African American, 5.89% Hispanic or Latino, 3.15% Two or More Races, 0.273% Native Hawaiian or Other Pacific Islanders, and 0.112% American Indian or Alaska Native.

Students enrolled at Drexel University in full-time Undergraduate programs are majority White Male (29.3%), followed by White Female (22.3%) and Asian Male (8.91%). Students enrolled in full-time Graduate programs are majority White Female (25.5%), followed by White Male (20%) and Asian Female (7.27%).

Full-Time vs Part-Time Enrollment

74.5%

Full-Time Enrollment

The total enrollment at Drexel University, both undergraduate and graduate, is 24,190 students. The full-time enrollment at Drexel University is 18,014 and the part-time enrollment is 6,176. This means that 74.5% of students enrolled at Drexel University are enrolled full-time compared with 78% 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%

2017 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

    12,620

  2. Asian

    3,292

  3. Black or African American

    2,024

The enrolled student population at Drexel University is 52.2% White, 13.6% Asian, 8.37% Black or African American, 5.89% Hispanic or Latino, 3.15% Two or More Races, 0.273% Native Hawaiian or Other Pacific Islanders, and 0.112% 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 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 1,049 students (4.34%) did not report their race.

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Graduates

In 2017, 791 more women than men received degrees from Drexel University. The majority of degree recipients at Drexel University are white (4,202 degrees awarded). There were 4.74 times more white graduates than the next closest race/ethnicity group, asian (886 degrees).

The most common Bachelor's Degree concentration at Drexel University is Registered Nursing (647 degrees awarded), followed by Mechanical Engineering (252 degrees) and General Finance (250 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 (117 degrees awarded), Engineering (1,297 degrees), and Legal (231 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 Other managers (439,104 people), Physicians (417,558 people), Software developers (378,786 people), Miscellaneous engineers, including nuclear engineers (307,144 people), and Postsecondary teachers (233,603 people).

The most specialized majors at Drexel University are Library Science (117 degrees awarded), Engineering (1,297 degrees), Legal (231 degrees), Visual & Performing Arts (369 degrees), and Biology (375 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, Physicians, Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining, Other financial specialists, and Music directors and composers

The most specialized majors at Drexel University are Library Science (117 degrees awarded), Engineering (1,297 degrees), Legal (231 degrees), Visual & Performing Arts (369 degrees), and Biology (375 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 General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (542,551 people), Colleges, universities & professional schools, including junior colleges (500,087 people), Computer Systems Design (476,148 people), Architectural, engineering & related services (433,477 people), and Elementary & secondary schools (372,054 people).

The most specialized majors at Drexel University are Library Science (117 degrees awarded), Engineering (1,297 degrees), Legal (231 degrees), Visual & Performing Arts (369 degrees), and Biology (375 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. 647 degrees awarded

  2. 252 degrees awarded

  3. 250 degrees awarded

In 2017, the most common bachelors degree concentration at Drexel University was Registered Nursing with 647 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 3,444

  2. 4,235

In 2017, 3,444 degrees were awarded to men at Drexel University, which is 0.813 times less than the number of degrees awarded to females (4,235).

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 2017, 307 degrees were awarded to men at Drexel University in Mechanical Engineering, which is 9.03 times more than the 34 female recipients with that same degree.

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Most Common Female Majors

In 2017, 890 degrees were awarded to women at Drexel University in Registered Nursing, which is 7.36 times more than the 121 male recipients with that same degree.

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Time to Complete

23%

100% Completion Time

68%

150% Completion Time

In 2017, 23% of students graduating from Drexel University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 68% completed their degrees within 150% of the normal time, and 70% 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 (100%)

The student demographic with the highest graduation rate at Drexel University is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 2.02% of graduates (38 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    4,202 degrees awarded

  2. Asian

    886 degrees awarded

  3. Black or African American

    530 degrees awarded

The most common race/ethnicity at Drexel University is white (4,202 degrees awarded). There were 4.74 times more white recipients than the next closest race/ethnicity group, asian (886 degrees).

4.17% of degree recipients (320 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    2,299 degrees awarded

  2. White Male

    1,903 degrees awarded

  3. Asian Female

    487 degrees awarded

The most common race/ethnicity and gender grouping at Drexel University is white female (2,299 degrees awarded). There were 1.21 times more white female recipients than the next closest race/ethnicity group, white male (1,903 degrees).

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Operations

Drexel University has an endowment valued at nearly $708M, as of the end of the 2017 fiscal year. The return on its endowment was of $78.3M (11.1%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Drexel University had a total expenditure of $1.04B. Of that $1.04B, they spent $480M on salaries and $1.04B on benefits.

Drexel University employs 505 Instructors, 229 Associate professors, and 226 Professors. Most academics at Drexel University are Female Instructors (280), Male Instructors(225), and Male Professors (175).

The most common positions for non-instructional staff at Drexel University are: Business and Financial Operations, with 580 employees, Management, with 351 employees, and Office and Administrative Support with 338 employees.

Finances

Endowment

$708M

2017 Endowment

8.83%

growth from 2016

Drexel University has an endowment valued at about $708M, as of the end of the 2017 fiscal year. The endowment of Drexel University grew 8.83% from the previous year. The value of their endowment was $421M 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. $90M - Federal

  2. $3.77M - State

  3. $3.06M - Local

As of 2017, Drexel University received $90M in grants and contracts from the federal government, $3.77M from state grants and contracts, and $3.06M from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$480M

Salary Expenditure

$1.04B

Benefits Expenditure

In 2017, Drexel University had a total expenditure of $1.04B. Of that $1.04B, they spent $480M on salaries and $1.04B on benefits.

The bar chart shows the share of the primary expenses at Drexel University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Drexel University as a share of total expenditure.

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Salary Expenditure

$480M

2017 Salaries

2.81%

decline from 2016

In 2017, Drexel University paid a median of $480M in salaries, which represents 46.3% of their overall expenditure ($1.04B) and a 2.81% decline from the previous year. This is compared to a 0.912% decline from 2015 and a 7.15% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

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Instructional Salaries

$121M

Instructional Salaries

1,106

Number of Employees

In 2017, Drexel University paid a total of $121M to 1,106 employees working as instructors, which represents 25.1% of all salaries paid.

This is compared to a median of $61.3M (31.9%) for similar Doctoral Universities: Higher Research Activity.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

505 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

580 Employees

In 2017, the most common positions for instructional staff at Drexel University were Instructor with 505 employees; Associate professor with 229 employees; and Associate professor with 226 employees.

In 2017, the most common positions for non-instructional staff at Drexel University were Business and Financial Operations with 580 employees; Management with 351 employees; and Office and Administrative Support with 338 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Instructor

  2. Male Instructor

  3. Male Professor

In 2017, the most common demographic for instructional staff at Drexel University was Female Instructor with 280 employees, Male Instructor with 225 employees, and Male Professor with 175 employees.

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

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