Rensselaer Polytechnic Institute

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2019 Undergraduate Tuition
$54,000
2.76% growth from 2018
2019 Average Net Price
$41,006
After Financial Aid
2017 Student Loan
0.532%
Default Rate
2019 Acceptance Rate
47.4%
18,635 Applicants
2019 Enrolled Students
7,528
98.3% Full-Time
2018 Graduation Rate
86.2%
1,143 Graduates

About

Rensselaer Polytechnic Institute is a higher education institution located in Rensselaer County, NY. In 2016, the most popular Bachelor's Degree concentrations at Rensselaer Polytechnic Institute were Computer Science (197 degrees awarded), Mechanical Engineering (191 degrees), and Chemical Engineering (115 degrees).

In 2019, 1,875 degrees were awarded across all undergraduate and graduate programs at Rensselaer Polytechnic Institute. 33.1% of these degrees were awarded to women, and 66.9% awarded men. The most common race/ethnicity group of degree recipients was white (975 degrees), 5.45 times more than then the next closest race/ethnicity group, asian (179 degrees).

The median undergraduate tuition at Rensselaer Polytechnic Institute is $54,000, which is $25,500 more than the national average for Doctoral Universities ($28,500).

Costs

The median undergraduate tuition at Rensselaer Polytechnic Institute is $54,000, which is $25,500 more than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $41,006.

In 2019, 84% of undergraduate students received federal grants, while 49% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$54,000
2019 Undergraduate Tuition

In 2019, the cost of tuition at Rensselaer Polytechnic Institute was $54,000. The cost of tuition at Rensselaer Polytechnic Institute is $25,500 more than than the overall (public and private) national average for Doctoral Universities ($28,500).

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Average Net Price

$41,006
2019 Value
4.32%
1 Year Growth

In 2019 Rensselaer Polytechnic Institute had an average net price — the price paid after factoring in grants and loans — of $41,006. Between 2018 and 2019, the average net price of Rensselaer Polytechnic Institute grew by 4.32%.

This chart compares the average net price of Rensselaer Polytechnic Institute (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

$15,260
Room and Board
$1,250
Books and Supplies

The average yearly cost of room and board at Rensselaer Polytechnic Institute was of $15,260 in 2019. During the same period, the average yearly cost of books and supplies was $1,250. The cost of room and board increased by 2.01% between 2018 and 2019. The cost of books and supplies decreased by 2.8% during the same period.

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Financial Aid

Financial Aid by Income Level

84%
Of Undergraduates Receive Grants
49%
Of Undergraduates Receive Federal Loans

84% of undergraduate students at Rensselaer Polytechnic Institute received grants or loans in 2019. This represents a decline of 1.18% with respect to 2018, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at Rensselaer Polytechnic Institute (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.
0.532%
2017 Default Rate
6
Number of Defaults

In 2017 the default rate for borrower's at Rensselaer Polytechnic Institute was 0.532%, which represents 6 out of the 1127 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

Rensselaer Polytechnic Institute received 18,635 undergraduate applications in 2019, which represents a 8.66% annual decline. Out of those 18,635 applicants, 8,835 students were accepted for enrollment, representing a 47.4% acceptance rate.

There were 7,528 students enrolled at Rensselaer Polytechnic Institute in 2019, and 69% of first-time enrollees submitted SAT scores with their applications.

Rensselaer Polytechnic Institute has an overall enrollment yield of 18.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

47.4%
Acceptance Rate in 2019
8,835
Accepted Out of 18,635

In 2019, the undergraduate acceptance rate of Rensselaer Polytechnic Institute was 47.4% (8,835 admissions from 18,635 applications). This is higher than the acceptance rate of 2018, which was 43%. Between 2018 and 2019, the number of applicants declined by -8.66%, while admissions grew by 0.741%.

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SAT Scores

69%
Submission Percentage
1,149
Scores Submitted

69% of enrolled first-time students at Rensselaer Polytechnic Institute 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

Rensselaer Polytechnic Institute has a total enrollment of 7,528 students. The full-time enrollment at Rensselaer Polytechnic Institute is 7,403 students and the part-time enrollment is 125. This means that 98.3% of students enrolled at Rensselaer Polytechnic Institute are enrolled full-time.

The enrolled student population at Rensselaer Polytechnic Institute, both undergraduate and graduate, is 44.4% White, 13.5% Asian, 8.59% Hispanic or Latino, 5.03% Two or More Races, 3.69% Black or African American, 0.159% American Indian or Alaska Native, and 0.0399% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Rensselaer Polytechnic Institute in full-time Undergraduate programs are most commonly White Male (31.4%), followed by White Female (15.2%) and Asian Male (9.2%). Students enrolled in full-time Graduate programs are most commonly White Male (23.7%), followed by White Female (11.4%) and Asian Male (3.46%).

Full-Time vs Part-Time Enrollment

98.3%
Full-Time Enrollment

The total enrollment at Rensselaer Polytechnic Institute, both undergraduate and graduate, is 7,528 students. The full-time enrollment at Rensselaer Polytechnic Institute is 7,403 and the part-time enrollment is 125. This means that 98.3% of students enrolled at Rensselaer Polytechnic Institute are enrolled full-time compared with 77.6% at similar Doctoral Universities.

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

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Retention Rate over Time

92%
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 Rensselaer Polytechnic Institute was 92%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Rensselaer Polytechnic Institute had a retention rate higher than its peers.

This chart shows the retention rate over time at Rensselaer Polytechnic Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    3,340
  2. Asian
    1,019
  3. Hispanic or Latino
    647

The enrolled student population at Rensselaer Polytechnic Institute is 44.4% White, 13.5% Asian, 8.59% Hispanic or Latino, 5.03% Two or More Races, 3.69% Black or African American, 0.159% American Indian or Alaska Native, and 0.0399% 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, 183 students (2.43%) did not report their race.

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Graduates

In 2019, 635 fewer women than men received degrees from Rensselaer Polytechnic Institute. The most common race/ethnicity group of degree recipients at Rensselaer Polytechnic Institute is white (975 degrees awarded). There were 5.45 times more white graduates than the next closest race/ethnicity group, asian (179 degrees).

The most common Bachelor's Degree concentration at Rensselaer Polytechnic Institute is Computer Science (197 degrees awarded), followed by Mechanical Engineering (191 degrees) and Chemical Engineering (115 degrees).

The most specialized majors across all degree types at Rensselaer Polytechnic Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (92 degrees awarded), Engineering (893 degrees), and Math & Statistics (96 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 Rensselaer Polytechnic Institute are Software developers (1,002,657 people), Other managers (451,177 people), Miscellaneous engineers, including nuclear engineers (376,176 people), Civil engineers (284,083 people), and Postsecondary teachers (220,253 people).

The most specialized majors at Rensselaer Polytechnic Institute are Architecture and Related Services (92 degrees awarded), Engineering (893 degrees), Math & Statistics (96 degrees), Physical Sciences (95 degrees), and Computer and Information Sciences and Support Services (289 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 Rensselaer Polytechnic Institute are Surgeons, Other financial specialists, Securities, commodities, & financial services sales agents, Physicians, and Cardiovascular technologists and technicians

The most specialized majors at Rensselaer Polytechnic Institute are Architecture and Related Services (92 degrees awarded), Engineering (893 degrees), Math & Statistics (96 degrees), Physical Sciences (95 degrees), and Computer and Information Sciences and Support Services (289 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 Rensselaer Polytechnic Institute are Computer Systems Design (1,026,045 people), Architectural, engineering & related services (609,334 people), Colleges, universities & professional schools, including junior colleges (428,972 people), Construction (349,625 people), and Elementary & secondary schools (262,848 people).

The most specialized majors at Rensselaer Polytechnic Institute are Architecture and Related Services (92 degrees awarded), Engineering (893 degrees), Math & Statistics (96 degrees), Physical Sciences (95 degrees), and Computer and Information Sciences and Support Services (289 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 Rensselaer Polytechnic Institute.
Most Common
  1. 197 degree-majorss awarded
  2. 191 degree-majorss awarded
  3. 115 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Rensselaer Polytechnic Institute was Computer Science with 197 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Rensselaer Polytechnic Institute according to their major.

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Gender Breakdown for Common Majors

1,255
Degrees Awarded to Men
in 2019
620
Degrees Awarded to Women
in 2019

In 2019, 1,255 degrees were awarded to men at Rensselaer Polytechnic Institute, which is 2.02 times more than the number of degrees awarded to females (620).

This chart displays the gender disparity between the top 5 majors at Rensselaer Polytechnic Institute by degrees awarded.

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Most Common Male Majors

In 2019, 201 degrees were awarded to men at Rensselaer Polytechnic Institute in Computer Science, which is 4.57 times more than the 44 female recipients with that same degree.

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Most Common Female Majors

In 2019, 63 degrees were awarded to women at Rensselaer Polytechnic Institute in Bioengineering & Biomedical Engineering, which is 1.34 times more than the 47 male recipients with that same degree.

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Time to Complete

61%
100% Completion Time
83%
150% Completion Time

In 2019, 61% of students graduating from Rensselaer Polytechnic Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 83% completed their degrees within 150% of the normal time, and 84% 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 Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Rensselaer Polytechnic Institute is Male and American Indian or Alaska Native (100% 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, 2.19% of graduates (25 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    975 degrees awarded
  2. Asian
    179 degrees awarded
  3. Hispanic or Latino
    126 degrees awarded

The most common race/ethnicity at Rensselaer Polytechnic Institute is white (975 degrees awarded). There were 5.45 times more white recipients than the next closest race/ethnicity group, asian (179 degrees).

1.49% of degree recipients (28 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    667 degrees awarded
  2. White Female
    308 degrees awarded
  3. Asian Male
    115 degrees awarded

The most common race/ethnicity and gender grouping at Rensselaer Polytechnic Institute is white male (667 degrees awarded). There were 2.17 times more white male recipients than the next closest race/ethnicity group, white female (308 degrees).

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Operations

Rensselaer Polytechnic Institute has an endowment valued at nearly $737M, as of the end of the 2019 fiscal year. The return on its endowment was of $22.7M (3.08%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Rensselaer Polytechnic Institute had a total salary expenditure of $439M. Rensselaer Polytechnic Institute employs 183 Professors, 135 Lecturers, and 77 Associate professors. Most academics at Rensselaer Polytechnic Institute are Male Professors (156), Male Lecturers(87), and Male Associate professors (50).

The most common positions for non-instructional staff at Rensselaer Polytechnic Institute are: Business and Financial Operations, with 168 employees, Management, with 162 employees, and Service with 151 employees.

Finances

Endowment

$737M
2019 Endowment
3.01%
growth from 2018

Rensselaer Polytechnic Institute has an endowment valued at about $737M, as of the end of the 2019 fiscal year. The endowment of Rensselaer Polytechnic Institute grew 3.01% from the previous year. The value of their endowment was $426M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Rensselaer Polytechnic Institute (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. $56.6M - Federal
  2. $8.41M - State
  3. $0 - Local

As of 2019, Rensselaer Polytechnic Institute received $56.6M in grants and contracts from the federal government, $8.41M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$175M
2019 Salaries
4.45%
growth from 2018

In 2019, Rensselaer Polytechnic Institute paid a median of $175M in salaries, which represents 40% of their overall expenditure ($439M) and a 4.45% growth from the previous year. This is compared to a 4.88% growth from 2017 and a 5.24% growth from 2016.

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

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Instructional Salaries

$55.1M
Instructional Salaries
467
Number of Employees

In 2019, Rensselaer Polytechnic Institute paid a total of $55.1M to 467 employees working as instructors, which represents 31.4% 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
183 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
168 Employees

In 2019, the most common positions for instructional staff at Rensselaer Polytechnic Institute were Professor with 183 employees; Lecturer with 135 employees; and Lecturer with 77 employees.

In 2019, the most common positions for non-instructional staff at Rensselaer Polytechnic Institute were Business and Financial Operations with 168 employees; Management with 162 employees; and Service with 151 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Rensselaer Polytechnic Institute was Male Professor with 156 employees, Male Lecturer with 87 employees, and Male Associate professor with 50 employees.

This chart shows the gender split between each academic rank present at Rensselaer Polytechnic Institute.

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