Hofstra University

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2019 Undergraduate Tuition
$46,450
4.05% growth from 2018
2019 Average Net Price
$32,975
After Financial Aid
2017 Student Loan
2.84%
Default Rate
2019 Acceptance Rate
68.5%
24,425 Applicants
2019 Enrolled Students
10,804
85.5% Full-Time
2018 Graduation Rate
62.6%
924 Graduates

About

Hofstra University is a higher education institution located in Nassau County, NY. In 2016, the most popular Bachelor's Degree concentrations at Hofstra University were General Psychology (113 degrees awarded), General Finance (103 degrees), and Accounting (92 degrees).

In 2019, 3,392 degrees were awarded across all undergraduate and graduate programs at Hofstra University. 60.3% of these degrees were awarded to women, and 39.7% awarded men. The most common race/ethnicity group of degree recipients was white (1,957 degrees), 5.29 times more than then the next closest race/ethnicity group, hispanic or latino (370 degrees).

The median undergraduate tuition at Hofstra University is $46,450, which is $17,950 more than the national average for Doctoral Universities ($28,500).

Costs

The median undergraduate tuition at Hofstra University is $46,450, which is $17,950 more than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $32,975.

In 2019, 87% of undergraduate students received federal grants, while 47% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$46,450
2019 Undergraduate Tuition

In 2019, the cost of tuition at Hofstra University was $46,450. The cost of tuition at Hofstra University is $17,950 more than than the overall (public and private) national average for Doctoral Universities ($28,500).

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Average Net Price

$32,975
2019 Value
1.64%
1 Year Growth

In 2019 Hofstra University had an average net price — the price paid after factoring in grants and loans — of $32,975. Between 2018 and 2019, the average net price of Hofstra University grew by 1.64%.

This chart compares the average net price of Hofstra 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

$17,661
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at Hofstra University was of $17,661 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 3.58% 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
47%
Of Undergraduates Receive Federal Loans

87% of undergraduate students at Hofstra University received grants or loans in 2019. This represents a growth of 0% with respect to 2018, when 87% of undergraduate students received financial aid.

This chart compares the average award discount at Hofstra 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.
2.84%
2017 Default Rate
62
Number of Defaults

In 2017 the default rate for borrower's at Hofstra University was 2.84%, which represents 62 out of the 2181 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

Hofstra University received 24,425 undergraduate applications in 2019, which represents a 11.6% annual decline. Out of those 24,425 applicants, 16,728 students were accepted for enrollment, representing a 68.5% acceptance rate.

There were 10,804 students enrolled at Hofstra University in 2019, and 69% of first-time enrollees submitted SAT scores with their applications.

Hofstra University has an overall enrollment yield of 9.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

68.5%
Acceptance Rate in 2019
16,728
Accepted Out of 24,425

In 2019, the undergraduate acceptance rate of Hofstra University was 68.5% (16,728 admissions from 24,425 applications). This is higher than the acceptance rate of 2018, which was 63.2%. Between 2018 and 2019, the number of applicants declined by −11.6%, while admissions declined by −4.17%.

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

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SAT Scores

69%
Submission Percentage
1,048
Scores Submitted

69% of enrolled first-time students at Hofstra 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

Hofstra University has a total enrollment of 10,804 students. The full-time enrollment at Hofstra University is 9,235 students and the part-time enrollment is 1,569. This means that 85.5% of students enrolled at Hofstra University are enrolled full-time.

The enrolled student population at Hofstra University, both undergraduate and graduate, is 52.8% White, 12% Hispanic or Latino, 11% Asian, 8.8% Black or African American, 2.15% Two or More Races, 0.361% American Indian or Alaska Native, and 0.278% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hofstra University in full-time Undergraduate programs are most commonly White Female (30.6%), followed by White Male (24.5%) and Hispanic or Latino Female (7.54%). Students enrolled in full-time Graduate programs are most commonly White Female (31%), followed by White Male (20.3%) and Hispanic or Latino Female (6.63%).

Full-Time vs Part-Time Enrollment

85.5%
Full-Time Enrollment

The total enrollment at Hofstra University, both undergraduate and graduate, is 10,804 students. The full-time enrollment at Hofstra University is 9,235 and the part-time enrollment is 1,569. This means that 85.5% of students enrolled at Hofstra 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 Hofstra University (in red) compares to similar universities.

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Retention Rate over Time

83%
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 Hofstra University was 83%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Hofstra University had a retention rate approximately the same as its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    5,701
  2. Hispanic or Latino
    1,297
  3. Asian
    1,190

The enrolled student population at Hofstra University is 52.8% White, 12% Hispanic or Latino, 11% Asian, 8.8% Black or African American, 2.15% Two or More Races, 0.361% American Indian or Alaska Native, and 0.278% 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 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, 554 students (5.13%) did not report their race.

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Graduates

In 2019, 702 more women than men received degrees from Hofstra University. The most common race/ethnicity group of degree recipients at Hofstra University is white (1,957 degrees awarded). There were 5.29 times more white graduates than the next closest race/ethnicity group, hispanic or latino (370 degrees).

The most common Bachelor's Degree concentration at Hofstra University is General Psychology (113 degrees awarded), followed by General Finance (103 degrees) and Accounting (92 degrees).

The most specialized majors across all degree types at Hofstra University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (265 degrees awarded), Communications (289 degrees), and Education (421 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hofstra University are Elementary & middle school teachers (1,563,107 people), Secondary school teachers (512,874 people), Education administrators (319,631 people), Other managers (268,073 people), and Special education teachers (229,559 people).

The most specialized majors at Hofstra University are Legal (265 degrees awarded), Communications (289 degrees), Education (421 degrees), Psychology (214 degrees), and Philosophy and Religious Studies (16 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hofstra University are Securities, commodities, & financial services sales agents, Surgeons, Computer hardware engineers, Magnetic resonance imaging technologists, and Actuaries

The most specialized majors at Hofstra University are Legal (265 degrees awarded), Communications (289 degrees), Education (421 degrees), Psychology (214 degrees), and Philosophy and Religious Studies (16 degrees).

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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 Hofstra University are Elementary & secondary schools (3,036,640 people), Colleges, universities & professional schools, including junior colleges (480,330 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (278,474 people), Outpatient care centers (190,172 people), and Computer Systems Design (186,170 people).

The most specialized majors at Hofstra University are Legal (265 degrees awarded), Communications (289 degrees), Education (421 degrees), Psychology (214 degrees), and Philosophy and Religious Studies (16 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 Hofstra University.
Most Common
  1. 113 degree-majorss awarded
  2. 103 degree-majorss awarded
  3. 92 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Hofstra University was General Psychology with 113 degrees awarded.

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

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Gender Breakdown for Common Majors

1,345
Degrees Awarded to Men
in 2019
2,047
Degrees Awarded to Women
in 2019

In 2019, 1,345 degrees were awarded to men at Hofstra University, which is 0.657 times less than the number of degrees awarded to females (2,047).

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

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Most Common Male Majors

In 2019, 120 degrees were awarded to men at Hofstra University in General Finance, which is 2.79 times more than the 43 female recipients with that same degree.

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Most Common Female Majors

In 2019, 125 degrees were awarded to women at Hofstra University in Law, which is 1.36 times more than the 92 male recipients with that same degree.

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Time to Complete

53%
100% Completion Time
63%
150% Completion Time

In 2019, 53% of students graduating from Hofstra University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 64% 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.
White Female
Highest Graduation Rate (73.6%)

The student demographic with the highest graduation rate at Hofstra University is Female and White (73.6% 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, 7.25% of graduates (67 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,957 degrees awarded
  2. Hispanic or Latino
    370 degrees awarded
  3. Asian
    297 degrees awarded

The most common race/ethnicity at Hofstra University is white (1,957 degrees awarded). There were 5.29 times more white recipients than the next closest race/ethnicity group, hispanic or latino (370 degrees).

4.1% of degree recipients (139 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Female
    1,171 degrees awarded
  2. White Male
    786 degrees awarded
  3. Hispanic or Latino Female
    253 degrees awarded

The most common race/ethnicity and gender grouping at Hofstra University is white female (1,171 degrees awarded). There were 1.49 times more white female recipients than the next closest race/ethnicity group, white male (786 degrees).

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Operations

Hofstra University has an endowment valued at nearly $634M, as of the end of the 2019 fiscal year. The return on its endowment was of $27M (4.26%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Hofstra University had a total salary expenditure of $389M. Hofstra University employs 206 Professors, 163 Associate professors, and 115 Assistant professors. Most academics at Hofstra University are Male Professors (123), Male Associate professors(90), and Female Professors (83).

The most common positions for non-instructional staff at Hofstra University are: Management, with 236 employees, Office and Administrative Support, with 218 employees, and Service with 197 employees.

Finances

Endowment

$634M
2019 Endowment
3.64%
growth from 2018

Hofstra University has an endowment valued at about $634M, as of the end of the 2019 fiscal year. The endowment of Hofstra University grew 3.64% from the previous year. The value of their endowment was $323M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Hofstra 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: Moderate Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $7.46M - Federal
  2. $2.16M - State
  3. $281k - Local

As of 2019, Hofstra University received $7.46M in grants and contracts from the federal government, $2.16M from state grants and contracts, and $281k from local grants and contracts.

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Expenses

Salary Expenditure

$184M
2019 Salaries
1.34%
growth from 2018

In 2019, Hofstra University paid a median of $184M in salaries, which represents 47.4% of their overall expenditure ($389M) and a 1.34% growth from the previous year. This is compared to a 2.01% growth from 2017 and a 1.57% growth from 2016.

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

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Instructional Salaries

$60.6M
Instructional Salaries
485
Number of Employees

In 2019, Hofstra University paid a total of $60.6M to 485 employees working as instructors, which represents 32.9% 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

Professor
Most Common Instructor
206 Employees
Management
Most Common Non-Instructional Employee
236 Employees

In 2019, the most common positions for instructional staff at Hofstra University were Professor with 206 employees; Associate professor with 163 employees; and Associate professor with 115 employees.

In 2019, the most common positions for non-instructional staff at Hofstra University were Management with 236 employees; Office and Administrative Support with 218 employees; and Service with 197 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Hofstra University was Male Professor with 123 employees, Male Associate professor with 90 employees, and Female Professor with 83 employees.

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

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