Rensselaer Polytechnic Institute

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2016 Undergraduate Tuition

$49,520

2.95% growth from 2015

2016 Average Net Price

$37,434

After Financial Aid

2015 Student Loan

1.08%

Default Rate

2016 Acceptance Rate

44.3%

18,524 Applicants

2016 Enrolled Students

7,363

98.7% Full-Time

2016 Graduation Rate

83%

956 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 Mechanical Engineering (190 degrees awarded), Computer Science (133 degrees), and Bioengineering & Biomedical Engineering (97 degrees).

In 2016, 1,817 degrees were awarded across all undergraduate and graduate programs at Rensselaer Polytechnic Institute. 29.9% of these degrees were awarded to women, and 70.1% awarded men. The majority of degree recipients were white (1,028 degrees), 6.01 times more than then the next closest race/ethnicity group, asian (171 degrees).

The median undergraduate tuition at Rensselaer Polytechnic Institute is $49,520, which is $23,664 more than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at Rensselaer Polytechnic Institute is $49,520, which is $23,664 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $37,434.

In 2016, 88% of undergraduate students received federal grants, while 56% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$49,520

2016 Undergraduate Tuition

In 2016, the cost of tuition at Rensselaer Polytechnic Institute was $49,520. The cost of tuition at Rensselaer Polytechnic Institute is $23,664 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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Average Net Price

$37,434

2016 Value

1.02%

1 Year Growth

In 2016 Rensselaer Polytechnic Institute had an average net price — the price paid after factoring in grants and loans — of $37,434. Between 2015 and 2016, the average net price of Rensselaer Polytechnic Institute grew by 1.02%.

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

$14,095

Room and Board

$1,210

Books and Supplies

The average yearly cost of room and board at Rensselaer Polytechnic Institute was of $14,095 in 2016. During the same period, the average yearly cost of books and supplies was $1,210. The cost of room and board increased by 3.49% between 2015 and 2016. The cost of books and supplies increased by 2.98% during the same period.

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Financial Aid

Financial Aid by Income Level

88%

Of Undergraduates Receive Grants

56%

Of Undergraduates Receive Federal Loans

88% of undergraduate students at Rensselaer Polytechnic Institute received grants or loans in 2016. This represents a decline of 3.3% with respect to 2015, when 91% 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.

1.08%

2015 Default Rate

12

Number of Defaults

In 2015 the default rate for borrower's at Rensselaer Polytechnic Institute was 1.08%, which represents 12 out of the 1110 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 18,524 undergraduate applications in 2016, which represents a 4.35% annual growth. Out of those 18,524 applicants, 8,215 students were accepted for enrollment, representing a 44.3% acceptance rate.

There were 7,363 students enrolled at Rensselaer Polytechnic Institute in 2016, and 63% of first-time enrollees submitted SAT scores with their applications.

Rensselaer Polytechnic Institute has an overall enrollment yield of 20.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

44.3%

Acceptance Rate in 2016

8,215

Accepted Out of 18,524

In 2016, the undergraduate acceptance rate of Rensselaer Polytechnic Institute was 44.3% (8,215 admissions from 18,524 applications). This is higher than the acceptance rate of 2015, which was 41.9%. Between 2015 and 2016, the number of applicants grew by 4.35%, while admissions grew by 10.5%.

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SAT Scores

63%

Submission Percentage

1,072

Scores Submitted

63% of enrolled first-time students at Rensselaer Polytechnic Institute 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

Rensselaer Polytechnic Institute has a total enrollment of 7,363 students. The full-time enrollment at Rensselaer Polytechnic Institute is 7,269 students and the part-time enrollment is 94. This means that 98.7% of students enrolled at Rensselaer Polytechnic Institute are enrolled full-time.

The enrolled student population at Rensselaer Polytechnic Institute, both undergraduate and graduate, is 53.3% White, 10.1% Asian, 7.58% Hispanic or Latino, 6.04% Two or More Races, 3.14% Black or African American, 0.0951% American Indian or Alaska Native, and 0.0272% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Rensselaer Polytechnic Institute in full-time Undergraduate programs are majority White Male (39.2%), followed by White Female (17.1%) and Asian Male (7.24%). Students enrolled in full-time Graduate programs are majority White Male (24.9%), followed by White Female (10.9%) and Asian Male (3.32%).

Full-Time vs Part-Time Enrollment

98.7%

Full-Time Enrollment

The total enrollment at Rensselaer Polytechnic Institute, both undergraduate and graduate, is 7,363 students. The full-time enrollment at Rensselaer Polytechnic Institute is 7,269 and the part-time enrollment is 94. This means that 98.7% of students enrolled at Rensselaer Polytechnic Institute are enrolled full-time compared with 78.1% 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

93%

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 Rensselaer Polytechnic Institute was 93%. 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

    3,922

  2. Asian

    743

  3. Hispanic or Latino

    558

The enrolled student population at Rensselaer Polytechnic Institute is 53.3% White, 10.1% Asian, 7.58% Hispanic or Latino, 6.04% Two or More Races, 3.14% Black or African American, 0.0951% American Indian or Alaska Native, and 0.0272% 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 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 139 students (1.89%) did not report their race.

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Graduates

In 2016, 731 fewer women than men received degrees from Rensselaer Polytechnic Institute. The majority of degree recipients at Rensselaer Polytechnic Institute are white (1,028 degrees awarded). There were 6.01 times more white graduates than the next closest race/ethnicity group, asian (171 degrees).

The most common Bachelor's Degree concentration at Rensselaer Polytechnic Institute is Mechanical Engineering (190 degrees awarded), followed by Computer Science (133 degrees) and Bioengineering & Biomedical Engineering (97 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 Engineering (909 degrees awarded), Architecture and Related Services (90 degrees), and Math & Statistics (119 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 Rensselaer Polytechnic Institute are Software developers, applications & systems software (822,297 people), Miscellaneous managers (578,565 people), Miscellaneous engineers, including nuclear engineers (343,480 people), Civil engineers (242,660 people), and Postsecondary teachers (224,942 people).

The most specialized majors at Rensselaer Polytechnic Institute are Engineering (909 degrees awarded), Architecture and Related Services (90 degrees), Math & Statistics (119 degrees), Physical Sciences (68 degrees), and Computer and Information Sciences and Support Services (232 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 Physicians & surgeons, Economists, Chief executives & legislators, Securities, commodities, & financial services sales agents, and Dentists

The most specialized majors at Rensselaer Polytechnic Institute are Engineering (909 degrees awarded), Architecture and Related Services (90 degrees), Math & Statistics (119 degrees), Physical Sciences (68 degrees), and Computer and Information Sciences and Support Services (232 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 (931,328 people), Architectural, engineering & related services (588,060 people), Colleges, universities & professional schools, including junior colleges (403,296 people), Construction (302,676 people), and Elementary & secondary schools (258,113 people).

The most specialized majors at Rensselaer Polytechnic Institute are Engineering (909 degrees awarded), Architecture and Related Services (90 degrees), Math & Statistics (119 degrees), Physical Sciences (68 degrees), and Computer and Information Sciences and Support Services (232 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. 190 degrees awarded

  2. 133 degrees awarded

  3. 97 degrees awarded

In 2016, the most common bachelors degree concentration at Rensselaer Polytechnic Institute was Mechanical Engineering with 190 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,274

  2. 543

In 2016, 1,274 degrees were awarded to men at Rensselaer Polytechnic Institute, which is 2.35 times more than the number of degrees awarded to females (543).

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 2016, 196 degrees were awarded to men at Rensselaer Polytechnic Institute in Mechanical Engineering, which is 4.36 times more than the 45 female recipients with that same degree.

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Most Common Female Majors

In 2016, 53 degrees were awarded to women at Rensselaer Polytechnic Institute in Bioengineering & Biomedical Engineering, which is 0.828 times less than the 64 male recipients with that same degree.

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Time to Complete

61%

100% Completion Time

82%

150% Completion Time

In 2016, 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, 82% completed their degrees within 150% of the normal time, and 83% 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.

Asian Female

Highest Graduation Rate (90.9%)

The student demographic with the highest graduation rate at Rensselaer Polytechnic Institute is Female and Asian (90.9% 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, 1.36% of graduates (13 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,028 degrees awarded

  2. Asian

    171 degrees awarded

  3. Two or More Races

    111 degrees awarded

The most common race/ethnicity at Rensselaer Polytechnic Institute is white (1,028 degrees awarded). There were 6.01 times more white recipients than the next closest race/ethnicity group, asian (171 degrees).

1.98% of degree recipients (36 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    734 degrees awarded

  2. White Female

    294 degrees awarded

  3. Asian Male

    117 degrees awarded

The most common race/ethnicity and gender grouping at Rensselaer Polytechnic Institute is white male (734 degrees awarded). There were 2.5 times more white male recipients than the next closest race/ethnicity group, white female (294 degrees).

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Operations

Rensselaer Polytechnic Institute has an endowment valued at nearly $674M, as of the end of the 2015 fiscal year. The return on its endowment was of $32.5M (4.82%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Rensselaer Polytechnic Institute had a total expenditure of $409M. Of that $409M, they spent $154M on salaries and $409M on benefits.

Rensselaer Polytechnic Institute employs 184 Professors, 96 Associate professors, and 71 Lecturers. Most academics at Rensselaer Polytechnic Institute are Male Professors (155), Male Associate professors(64), and Male Lecturers (53).

The most common positions for non-instructional staff at Rensselaer Polytechnic Institute are: Business and Financial Operations, with 171 employees, Management, with 168 employees, and Service with 154 employees.

Finances

Endowment

$674M

2015 Endowment

3%

growth from 2014

Rensselaer Polytechnic Institute has an endowment valued at about $674M, as of the end of the 2015 fiscal year. The endowment of Rensselaer Polytechnic Institute grew 3% from the previous year. The value of their endowment was $403M 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. $66.1M - Federal

  2. $9.02M - State

  3. $0 - Local

As of 2015, Rensselaer Polytechnic Institute received $66.1M in grants and contracts from the federal government, $9.02M from state grants and contracts, and $0 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.

$154M

Salary Expenditure

$409M

Benefits Expenditure

In 2015, Rensselaer Polytechnic Institute had a total expenditure of $409M. Of that $409M, they spent $154M on salaries and $409M on benefits.

The bar chart shows the share of the primary expenses at Rensselaer Polytechnic Institute 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 Rensselaer Polytechnic Institute as a share of total expenditure.

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Salary Expenditure

$154M

2015 Salaries

0.204%

growth from 2014

In 2015, Rensselaer Polytechnic Institute paid a median of $154M in salaries, which represents 37.7% of their overall expenditure ($409M) and a 0.204% growth from the previous year. This is compared to a 1.96% growth from 2013 and a 1.3% growth from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$47.1M

Instructional Salaries

418

Number of Employees

In 2015, Rensselaer Polytechnic Institute paid a total of $47.1M to 418 employees working as instructors, which represents 30.5% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

184 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

171 Employees

In 2016, the most common positions for instructional staff at Rensselaer Polytechnic Institute were Professor with 184 employees; Associate professor with 96 employees; and Associate professor with 71 employees.

In 2016, the most common positions for non-instructional staff at Rensselaer Polytechnic Institute were Business and Financial Operations with 171 employees; Management with 168 employees; and Service with 154 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Male Lecturer

In 2016, the most common demographic for instructional staff at Rensselaer Polytechnic Institute was Male Professor with 155 employees, Male Associate professor with 64 employees, and Male Lecturer with 53 employees.

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

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