New York Institute of Technology

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2016 Undergraduate Tuition

$33,920

5.02% growth from 2015

2016 Average Net Price

$23,647

After Financial Aid

2015 Student Loan

5.08%

Default Rate

2016 Acceptance Rate

72.6%

10,084 Applicants

2016 Enrolled Students

7,628

83% Full-Time

2016 Graduation Rate

43.7%

369 Graduates

About

New York Institute of Technology is a higher education institution located in Nassau County, NY. In 2016, the most popular Bachelor's Degree concentrations at New York Institute of Technology were Electrical & Electronics Engineering (124 degrees awarded), Radio & Television (100 degrees), and General Computer & Information Sciences (82 degrees).

In 2016, 2,529 degrees were awarded across all undergraduate and graduate programs at New York Institute of Technology. 43.1% of these degrees were awarded to women, and 56.9% awarded men. The majority of degree recipients were white (548 degrees), 1.77 times more than then the next closest race/ethnicity group, unknown (309 degrees).

The median undergraduate tuition at New York Institute of Technology is $33,920, which is $13,760 more than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at New York Institute of Technology is $33,920, which is $13,760 more than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $23,647.

In 2016, 77% of undergraduate students received federal grants, while 47% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$33,920

2016 Undergraduate Tuition

In 2016, the cost of tuition at New York Institute of Technology was $33,920. The cost of tuition at New York Institute of Technology is $13,760 more than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

This chart compares the tuition costs of New York Institute of Technology (in red) with those of other similar universities.

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Average Net Price

$23,647

2016 Value

0.403%

1 Year Growth

In 2016 New York Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $23,647. Between 2015 and 2016, the average net price of New York Institute of Technology grew by 0.403%.

This chart compares the average net price of New York Institute of Technology (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

$14,644

Room and Board

$936

Books and Supplies

The average yearly cost of room and board at New York Institute of Technology was of $14,644 in 2016. During the same period, the average yearly cost of books and supplies was $936. The cost of room and board increased by 8.8% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

77%

Of Undergraduates Receive Grants

47%

Of Undergraduates Receive Federal Loans

77% of undergraduate students at New York Institute of Technology received grants or loans in 2016. This represents a growth of 2.67% with respect to 2015, when 75% of undergraduate students received financial aid.

This chart compares the average award discount at New York Institute of Technology (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.

5.08%

2015 Default Rate

90

Number of Defaults

In 2015 the default rate for borrower's at New York Institute of Technology was 5.08%, which represents 90 out of the 1772 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

New York Institute of Technology received 10,084 undergraduate applications in 2016, which represents a 17.7% annual growth. Out of those 10,084 applicants, 7,316 students were accepted for enrollment, representing a 72.6% acceptance rate.

There were 7,628 students enrolled at New York Institute of Technology in 2016, and 79% of first-time enrollees submitted SAT scores with their applications.

New York Institute of Technology has an overall enrollment yield of 9.75%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

72.6%

Acceptance Rate in 2016

7,316

Accepted Out of 10,084

In 2016, the undergraduate acceptance rate of New York Institute of Technology was 72.6% (7,316 admissions from 10,084 applications). This is higher than the acceptance rate of 2015, which was 67.8%. Between 2015 and 2016, the number of applicants grew by 17.7%, while admissions grew by 26%.

This chart compares the acceptance rate of New York Institute of Technology (in red) with that of other similar universities.

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SAT Scores

79%

Submission Percentage

545

Scores Submitted

79% of enrolled first-time students at New York Institute of Technology in 2016 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

New York Institute of Technology has a total enrollment of 7,628 students. The full-time enrollment at New York Institute of Technology is 6,334 students and the part-time enrollment is 1,294. This means that 83% of students enrolled at New York Institute of Technology are enrolled full-time.

The enrolled student population at New York Institute of Technology, both undergraduate and graduate, is 27% White, 16.1% Asian, 9.08% Hispanic or Latino, 5.74% Black or African American, 1.64% Two or More Races, 0.223% Native Hawaiian or Other Pacific Islanders, and 0.131% American Indian or Alaska Native.

Students enrolled at New York Institute of Technology in full-time Undergraduate programs are majority White Male (16.2%), followed by Asian Male (10.4%) and Hispanic or Latino Male (9.52%). Students enrolled in full-time Graduate programs are majority White Female (16.8%), followed by White Male (14.1%) and Asian Female (9.9%).

Full-Time vs Part-Time Enrollment

83%

Full-Time Enrollment

The total enrollment at New York Institute of Technology, both undergraduate and graduate, is 7,628 students. The full-time enrollment at New York Institute of Technology is 6,334 and the part-time enrollment is 1,294. This means that 83% of students enrolled at New York Institute of Technology are enrolled full-time compared with 68.7% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at New York Institute of Technology (in red) compares to similar universities.

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Retention Rate over Time

77%

2016 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 New York Institute of Technology was 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), New York Institute of Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at New York Institute of Technology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    2,057

  2. Asian

    1,231

  3. Hispanic or Latino

    693

The enrolled student population at New York Institute of Technology is 27% White, 16.1% Asian, 9.08% Hispanic or Latino, 5.74% Black or African American, 1.64% Two or More Races, 0.223% Native Hawaiian or Other Pacific Islanders, and 0.131% 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 Masters Colleges and Universities is 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 934 students (12.2%) did not report their race.

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Graduates

In 2016, 351 fewer women than men received degrees from New York Institute of Technology. The majority of degree recipients at New York Institute of Technology are white (548 degrees awarded). There were 1.77 times more white graduates than the next closest race/ethnicity group, unknown (309 degrees).

The most common Bachelor's Degree concentration at New York Institute of Technology is Electrical & Electronics Engineering (124 degrees awarded), followed by Radio & Television (100 degrees) and General Computer & Information Sciences (82 degrees).

The most specialized majors across all degree types at New York Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (134 degrees awarded), Communication Technologies (75 degrees), and Computer and Information Sciences and Support Services (451 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 New York Institute of Technology are Software developers, applications & systems software (766,122 people), Miscellaneous managers (514,723 people), Miscellaneous engineers, including nuclear engineers (333,357 people), Civil engineers (240,685 people), and Computer & information systems managers (180,805 people).

The most specialized majors at New York Institute of Technology are Architecture and Related Services (134 degrees awarded), Communication Technologies (75 degrees), Computer and Information Sciences and Support Services (451 degrees), Engineering (344 degrees), and Engineering Technologies (145 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 New York Institute of Technology are Physicians & surgeons, Economists, Chief executives & legislators, Securities, commodities, & financial services sales agents, and General & operations managers

The most specialized majors at New York Institute of Technology are Architecture and Related Services (134 degrees awarded), Communication Technologies (75 degrees), Computer and Information Sciences and Support Services (451 degrees), Engineering (344 degrees), and Engineering Technologies (145 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 New York Institute of Technology are Computer Systems Design (878,973 people), Architectural, engineering & related services (559,002 people), Construction (298,999 people), Colleges, universities & professional schools, including junior colleges (234,322 people), and Management, scientific & technical consulting services (183,525 people).

The most specialized majors at New York Institute of Technology are Architecture and Related Services (134 degrees awarded), Communication Technologies (75 degrees), Computer and Information Sciences and Support Services (451 degrees), Engineering (344 degrees), and Engineering Technologies (145 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 New York Institute of Technology.

Most Common

  1. 124 degrees awarded

  2. 100 degrees awarded

  3. 82 degrees awarded

In 2016, the most common bachelors degree concentration at New York Institute of Technology was Electrical & Electronics Engineering with 124 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at New York Institute of Technology according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,440

  2. 1,089

In 2016, 1,440 degrees were awarded to men at New York Institute of Technology, which is 1.32 times more than the number of degrees awarded to females (1,089).

This chart displays the gender disparity between the top 5 majors at New York Institute of Technology by degrees awarded.

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Most Common Male Majors

In 2016, 311 degrees were awarded to men at New York Institute of Technology in General Computer & Information Sciences, which is 2.75 times more than the 113 female recipients with that same degree.

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Most Common Female Majors

In 2016, 145 degrees were awarded to women at New York Institute of Technology in Osteopathic Medicine, which is 0.948 times less than the 153 male recipients with that same degree.

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Time to Complete

23%

100% Completion Time

45%

150% Completion Time

In 2016, 23% of students graduating from New York Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 48% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and 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 New York Institute of Technology is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and 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, 14.4% of graduates (53 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    548 degrees awarded

  2. Unknown

    309 degrees awarded

  3. Asian

    279 degrees awarded

The most common race/ethnicity at New York Institute of Technology is white (548 degrees awarded). There were 1.77 times more white recipients than the next closest race/ethnicity group, unknown (309 degrees).

12.2% of degree recipients (309 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    277 degrees awarded

  2. White Female

    271 degrees awarded

  3. Asian Male

    147 degrees awarded

The most common race/ethnicity and gender grouping at New York Institute of Technology is white male (277 degrees awarded). There were 1.02 times more white male recipients than the next closest race/ethnicity group, white female (271 degrees).

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Operations

New York Institute of Technology has an endowment valued at nearly $101M, as of the end of the 2015 fiscal year. The return on its endowment was of $-2.59M (-2.56%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, New York Institute of Technology had a total expenditure of $235M. Of that $235M, they spent $102M on salaries and $235M on benefits.

New York Institute of Technology employs 97 Associate professors, 70 Professors, and 70 Assistant professors. Most academics at New York Institute of Technology are Male Professors (56), Male Associate professors(53), and Female Associate professors (44).

The most common positions for non-instructional staff at New York Institute of Technology are: Management, with 232 employees, Office and Administrative Support, with 98 employees, and Service with 91 employees.

Finances

Endowment

$101M

2015 Endowment

10.7%

decline from 2014

New York Institute of Technology has an endowment valued at about $101M, as of the end of the 2015 fiscal year. The endowment of New York Institute of Technology declined 10.7% from the previous year. The value of their endowment was $72.3M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at New York Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $1.99M - Federal

  2. $876k - State

  3. $353k - Local

As of 2015, New York Institute of Technology received $1.99M in grants and contracts from the federal government, $876k from state grants and contracts, and $353k 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.

$102M

Salary Expenditure

$235M

Benefits Expenditure

In 2015, New York Institute of Technology had a total expenditure of $235M. Of that $235M, they spent $102M on salaries and $235M on benefits.

The bar chart shows the share of the primary expenses at New York Institute of Technology over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at New York Institute of Technology as a share of total expenditure.

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Salary Expenditure

$102M

2015 Salaries

10.8%

growth from 2014

In 2015, New York Institute of Technology paid a median of $102M in salaries, which represents 43.7% of their overall expenditure ($235M) and a 10.8% growth from the previous year. This is compared to a 0.207% growth from 2013 and a 5.08% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$23.8M

Instructional Salaries

232

Number of Employees

In 2015, New York Institute of Technology paid a total of $23.8M to 232 employees working as instructors, which represents 23.2% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

97 Employees

Management

Most Common Non-Instructional Employee

232 Employees

In 2016, the most common positions for instructional staff at New York Institute of Technology were Associate professor with 97 employees; Professor with 70 employees; and Professor with 70 employees.

In 2016, the most common positions for non-instructional staff at New York Institute of Technology were Management with 232 employees; Office and Administrative Support with 98 employees; and Service with 91 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at New York Institute of Technology was Male Professor with 56 employees, Male Associate professor with 53 employees, and Female Associate professor with 44 employees.

This chart shows the gender split between each academic rank present at New York Institute of Technology.

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