Stevens Institute of Technology

www.stevens.edu/

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2020 Undergraduate Tuition

$53,828

3.25% growth from 2019

2020 Average Net Price

$40,303

After Financial Aid

2018 Student Loan

1.7%

Default Rate

2020 Acceptance Rate

53.1%

10,346 Applicants

2020 Enrolled Students

7,257

82.1% Full-Time

2020 Graduation Rate

87.7%

643 Graduates

About

Stevens Institute of Technology is a higher education institution located in Hudson County, NJ. In 2020, the most popular Bachelor's Degree concentrations at Stevens Institute of Technology were Mechanical Engineering (141 degrees awarded), General Business Administration & Management (89 degrees), and Computer Science (72 degrees).

In 2020, 2,485 degrees were awarded across all undergraduate and graduate programs at Stevens Institute of Technology. 30.6% of these degrees were awarded to women, and 69.4% awarded men. The most common race/ethnicity group of degree recipients was white (929 degrees), 3.85 times more than then the next closest race/ethnicity group, asian (241 degrees).

The median undergraduate tuition at Stevens Institute of Technology is $53,828, which is $25,265 more than the national average for Doctoral Universities ($28,563).

Costs

The median undergraduate tuition at Stevens Institute of Technology is $53,828, which is $25,265 more than the national average for Doctoral Universities ($28,563).

After taking grants and loans into account, the average net price for students is $40,303.

In 2020, 95% of undergraduate students attending Stevens Institute of Technology received financial aid through grants. Comparatively, 60% of undergraduate students received financial aid through loans.

Tuition Costs

$53,828

2020 Undergraduate Tuition

In 2020, the cost of tuition at Stevens Institute of Technology was $53,828. The cost of tuition at Stevens Institute of Technology is $25,265 more than than the overall (public and private) national average for Doctoral Universities ($28,563).

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

Average Net Price

$40,303

2020 Value

1.15%

1 Year Growth

In 2020 Stevens Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $40,303. Between 2019 and 2020, the average net price of Stevens Institute of Technology grew by 1.15%.

This chart compares the average net price of Stevens 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.

Other Student Expenses

$15,770

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Stevens Institute of Technology was of $15,770 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 3.45% between 2019 and 2020. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Stevens Institute of Technology (in red) with that of similar universities.

Financial Aid by Income Level

95%

Undergraduates Receiving Financial Aid through Grants

60%

Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at Stevens Institute of Technology received financial aid through grants or loans in 2020. This represents a growth of 1.06% with respect to 2019, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Stevens 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.

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.

1.7%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Stevens Institute of Technology was 1.7%, which represents 12 out of the 705 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.

Admissions

Stevens Institute of Technology received 10,346 undergraduate applications in 2020, which represents a 1.23% annual decline. Out of those 10,346 applicants, 5,490 students were accepted for enrollment, representing a 53.1% acceptance rate.

There were 7,257 students enrolled at Stevens Institute of Technology in 2020, and 73% of first-time enrollees submitted SAT scores with their applications.

Stevens Institute of Technology has an overall enrollment yield of 16.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

53.1%

Acceptance Rate in 2020

5,490

Accepted Out of 10,346

In 2020, the undergraduate acceptance rate of Stevens Institute of Technology was 53.1% (5,490 admissions from 10,346 applications). This is higher than the acceptance rate of 2019, which was 40%. Between 2019 and 2020, the number of applicants declined by −1.23%, while admissions grew by 31.2%.

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

SAT Scores

73%

Submission Percentage

674

Scores Submitted

73% of enrolled first-time students at Stevens Institute of Technology in 2020 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.

Enrollment

Stevens Institute of Technology has a total enrollment of 7,257 students. The full-time enrollment at Stevens Institute of Technology is 5,961 students and the part-time enrollment is 1,296. This means that 82.1% of students enrolled at Stevens Institute of Technology are enrolled full-time.

The enrolled student population at Stevens Institute of Technology, both undergraduate and graduate, is 43.1% White, 14.3% Asian, 7.3% Hispanic or Latino, 2.58% Black or African American, 0.262% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races.

Students enrolled at Stevens Institute of Technology in full-time Undergraduate programs are most commonly White Male (41.5%), followed by White Female (17.1%) and Asian Male (12.9%). Students enrolled in full-time Graduate programs are most commonly White Male (8.58%), followed by White Female (3.36%) and Asian Male (2.77%).

Full-Time vs Part-Time Enrollment

82.1%

Full-Time Enrollment

The total enrollment at Stevens Institute of Technology, both undergraduate and graduate, is 7,257 students. The full-time enrollment at Stevens Institute of Technology is 5,961 and the part-time enrollment is 1,296. This means that 82.1% of students enrolled at Stevens Institute of Technology are enrolled full-time compared with 76.5% at similar Doctoral Universities.

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

Retention Rate over Time

93%

2020 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 Stevens Institute of Technology was 93%. Compared with the full-time retention rate at similar Doctoral Universities (85%), Stevens Institute of Technology had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
3,130
Asian
1,037
Hispanic or Latino
530

The enrolled student population at Stevens Institute of Technology is 43.1% White, 14.3% Asian, 7.3% Hispanic or Latino, 2.58% Black or African American, 0.262% American Indian or Alaska Native, 0% Native Hawaiian or Other Pacific Islanders, and 0% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 50% White, 15% Hispanic or Latino, and 9.69% 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, 373 students (5.14%) did not report their race.

Graduates

In 2020, 965 fewer women than men received degrees from Stevens Institute of Technology. The most common race/ethnicity group of degree recipients at Stevens Institute of Technology is white (929 degrees awarded). There were 3.85 times more white graduates than the next closest race/ethnicity group, asian (241 degrees).

The most common Bachelor's Degree concentration at Stevens Institute of Technology is Mechanical Engineering (141 degrees awarded), followed by General Business Administration & Management (89 degrees) and Computer Science (72 degrees).

The most specialized majors across all degree types at Stevens Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,158 degrees awarded), Math & Statistics (200 degrees), and Computer and Information Sciences and Support Services (476 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Stevens Institute of Technology are Software developers (878,518 people), Other managers (473,051 people), Miscellaneous engineers, including nuclear engineers (375,587 people), Civil engineers (263,344 people), and Postsecondary teachers (216,913 people).

The most specialized majors at Stevens Institute of Technology are Engineering (1,158 degrees awarded), Math & Statistics (200 degrees), Computer and Information Sciences and Support Services (476 degrees), Engineering Technologies (100 degrees), and Physical Sciences (39 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Stevens Institute of Technology are Surgeons, Cardiovascular technologists and technicians, Physicians, Magnetic resonance imaging technologists, and Securities, commodities, & financial services sales agents

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Stevens Institute of Technology are Computer Systems Design (995,957 people), Architectural, engineering & related services (483,301 people), Colleges, universities & professional schools, including junior colleges (418,359 people), Construction (317,822 people), and Elementary & secondary schools (263,033 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Stevens Institute of Technology.

Most Common

Mechanical Engineering
141 degree-majorss awarded
General Business Administration & Management
89 degree-majorss awarded
Computer Science
72 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Stevens Institute of Technology was Mechanical Engineering with 141 degrees awarded.

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

Sex Breakdown for Common Majors

1,725

Degrees Awarded to Men

in 2020

760

Degrees Awarded to Women

in 2020

In 2020, 1,725 degrees were awarded to men at Stevens Institute of Technology, which is 2.27 times more than the number of degrees awarded to females (760).

This chart displays the sex disparity between the top 5 majors at Stevens Institute of Technology by degrees awarded.

Most Common Male Majors

In 2020, 264 degrees were awarded to men at Stevens Institute of Technology in Computer Science, which is 4.26 times more than the 62 female recipients with that same degree.

Most Common Female Majors

In 2020, 74 degrees were awarded to women at Stevens Institute of Technology in Mechanical Engineering, which is 0.438 times less than the 169 male recipients with that same degree.

Time to Complete

45%

100% Completion Time

87%

150% Completion Time

In 2020, 45% of students graduating from Stevens Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 88% 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.

Graduation Rate by Race and Sex

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 Stevens Institute of Technology is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

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, 3.42% of graduates (22 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
929 degrees awarded
Asian
241 degrees awarded
Unknown
139 degrees awarded

The most common race/ethnicity at Stevens Institute of Technology is white (929 degrees awarded). There were 3.85 times more white recipients than the next closest race/ethnicity group, asian (241 degrees).

5.59% of degree recipients (139 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
638 degrees awarded
White Female
291 degrees awarded
Asian Male
149 degrees awarded

The most common race/ethnicity and sex grouping at Stevens Institute of Technology is white male (638 degrees awarded). There were 2.19 times more white male recipients than the next closest race/ethnicity group, white female (291 degrees).

Operations

Stevens Institute of Technology has an endowment valued at nearly $225M, as of the end of the 2020 fiscal year. The return on its endowment was of $7.95M (3.53%), compared to the 3.43% average return ($10.5M on $307M) across all Doctoral Universities.

In 2020, Stevens Institute of Technology had a total salary expenditure of $265M. Stevens Institute of Technology employs 106 Assistant professors, 100 Associate professors, and 72 Professors. Most academics at Stevens Institute of Technology are Male Associate professors (70), Male Assistant professors(66), and Male Professors (63).

The most common positions for non-instructional staff at Stevens Institute of Technology are: Management, with 222 employees, Office and Administrative Support, with 126 employees, and Business and Financial Operations with 77 employees.

Endowment

$225M

2020 Endowment

0.314%

growth from 2019

Stevens Institute of Technology has an endowment valued at about $225M, as of the end of the 2020 fiscal year. The endowment of Stevens Institute of Technology grew 0.314% from the previous year. The value of their endowment was $81.5M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Stevens 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 Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$35.8M - Federal
$1.04M - State
$0 - Local

As of 2020, Stevens Institute of Technology received $35.8M in grants and contracts from the federal government, $1.04M from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$126M

2020 Salaries

3.36%

growth from 2019

In 2020, Stevens Institute of Technology paid a median of $126M in salaries, which represents 47.5% of their overall expenditure ($265M) and a 3.36% growth from the previous year. This is compared to a 7.21% growth from 2018 and a 3.63% growth from 2017.

The median for similar Doctoral Universities is 238M (42.6% of overall expenditures).

Instructional Salaries

$41.2M

Instructional Salaries

298

Number of Employees

In 2020, Stevens Institute of Technology paid a total of $41.2M to 298 employees working as instructors, which represents 32.8% of all salaries paid.

This is compared to a median of $70.3M (29.6%) for similar Doctoral Universities.

Occupations by Share

Assistant professor

Most Common Instructor

106 Employees

Management

Most Common Non-Instructional Employee

222 Employees

In 2020, the most common positions for instructional staff at Stevens Institute of Technology were Assistant professor with 106 employees; Associate professor with 100 employees; and Associate professor with 72 employees.

In 2020, the most common positions for non-instructional staff at Stevens Institute of Technology were Management with 222 employees; Office and Administrative Support with 126 employees; and Business and Financial Operations with 77 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Associate professor
Male Assistant professor
Male Professor

In 2020, the most common demographic for instructional staff at Stevens Institute of Technology was Male Associate professor with 70 employees, Male Assistant professor with 66 employees, and Male Professor with 63 employees.

This chart shows the sex split between each academic rank present at Stevens Institute of Technology.