Stevens Institute of Technology

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    2024 Undergraduate Tuition
    $61,028
    4% growth from 2023
    2024 Average Net Price
    $46,165
    After Financial Aid
    2024 Acceptance Rate
    47.6%
    10,673 Applicants
    2024 Enrolled Students
    8,469
    82% Full-Time
    2024 Graduation Rate
    86.9%
    874 Graduates

    About

    Stevens Institute of Technology is a higher education institution located in Hudson County, NJ. In 2024, the most popular Masters Degree concentrations at Stevens Institute of Technology were Computer Science (840 degrees awarded), Information Technology (167 degrees), and Other Business Administration, Management, & Operations (151 degrees).

    In 2024, 3,534 degrees were awarded across all undergraduate and graduate programs at Stevens Institute of Technology. 28.3% of these degrees were awarded to women, and 71.7% awarded men. The most common race/ethnicity group of degree recipients was white (803 degrees), 2.8 times more than then the next closest race/ethnicity group, asian (287 degrees).

    The median undergraduate tuition at Stevens Institute of Technology is $61,028, which is $29,108 more than the national average for Doctoral Universities ($31,920).

    Costs

    In 2024, the median undergraduate tuition at Stevens Institute of Technology is $61,028, which is $29,108 more than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $46,165.

    In 2024, 97% of undergraduate students attending Stevens Institute of Technology received financial aid through grants. Comparatively, 53% of undergraduate students received financial aid through loans.

    Tuition Costs

    $61,028
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Stevens Institute of Technology was $61,028. The cost of tuition at Stevens Institute of Technology is $29,108 more than than the overall (public and private) national average for Doctoral Universities ($31,920).

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

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    Average Net Price

    $46,165
    2024 Value
    5.73%
    1 Year Growth

    In 2024 Stevens Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $46,165. Between 2023 and 2024, the average net price of Stevens Institute of Technology grew by 5.73%.

    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.

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    Other Student Expenses

    $18,650
    Room and Board
    $1,200
    Books and Supplies

    The average yearly cost of room and board at Stevens Institute of Technology was of $18,650 in 2024. The cost of room and board increased by 9.19% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,200. 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.

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    Financial Aid by Income Level

    97%
    Undergraduates Receiving Financial Aid through Grants
    53%
    Undergraduates Receiving Financial Aid through Loans

    97% of undergraduate students at Stevens Institute of Technology received financial aid through grants or loans in 2024. This represents a growth of 1.04% with respect to 2023, when 96% 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.

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    Admissions

    Stevens Institute of Technology received 10,673 undergraduate applications in 2024, which represents a 24.7% annual growth. Out of those 10,673 applicants, 5,078 students were accepted for enrollment, representing a 47.6% acceptance rate.

    There were 8,469 students enrolled at Stevens Institute of Technology in 2024. 36% of first-time enrollees submitted SAT scores with their applications.

    Stevens Institute of Technology has an overall enrollment yield of 20.8%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    47.6%
    Acceptance Rate in 2024
    5,078
    Accepted Out of 10,673

    In 2024, the undergraduate acceptance rate of Stevens Institute of Technology was 47.6% (5,078 admissions from 10,673 applications). This is higher than the acceptance rate of 2023, which was 43.4%. Between 2023 and 2024, the number of applicants declined by 24.7%, while admissions declined by 17.5%.

    This chart compares the acceptance rate of Stevens Institute of Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    SAT Scores

    36%
    Submission Percentage (2024)
    383
    Scores Submitted (2024)

    36% of enrolled first-time students at Stevens Institute of Technology in 2024 submitted SAT scores with their applications.

    The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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    Enrollment

    Stevens Institute of Technology had a total enrollment of 8,469 students in 2024. The full-time enrollment at Stevens Institute of Technology is 6,941 students and the part-time enrollment is 1,528. This means that 82% 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 27.3% White, 11.7% Asian, 11.4% Hispanic or Latino, 2.4% Two or More Races, 1.76% Black or African American, 0.0472% American Indian or Alaska Native, and 0.0236% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Stevens Institute of Technology in full-time Undergraduate programs are most commonly White Male (31.9%), followed by White Female (15.9%) and Asian Male (12.9%). Students enrolled in full-time Graduate programs are most commonly White Male (3.68%), followed by White Female (1.82%) and Hispanic or Latino Male (1.15%).

    Full-Time vs Part-Time Enrollment

    82%
    Full-Time Enrollment

    The total enrollment at Stevens Institute of Technology in 2024, both undergraduate and graduate, is 8,469 students. The full-time enrollment at Stevens Institute of Technology is 6,941 and the part-time enrollment is 1,528. This means that 82% of students enrolled at Stevens Institute of Technology are enrolled full-time compared with 77.3% 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.

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    Retention Rate over Time

    94%
    2024 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 94%. Compared with the full-time retention rate at similar Doctoral Universities (82%), 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.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      2,309 enrolled students
    2. Asian
      987 enrolled students
    3. Hispanic or Latino
      962 enrolled students

    The enrolled student population at Stevens Institute of Technology is 27.3% White, 11.7% Asian, 11.4% Hispanic or Latino, 2.4% Two or More Races, 1.76% Black or African American, 0.0472% American Indian or Alaska Native, and 0.0236% 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 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 1,220 students (14.4%) did not report their race.

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    Graduates

    In 2024, 1,536 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 (803 degrees awarded). There were 2.8 times more white recipients than the next closest race/ethnicity group, asian (287 degrees).

    The most common Masters Degree concentration at Stevens Institute of Technology is Computer Science (840 degrees awarded), followed by Information Technology (167 degrees) and Other Business Administration, Management, & Operations (151 degrees).

    In 2024,  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 (1,159 degrees awarded), Math & Statistics (201 degrees), and Computer and Information Sciences and Support Services (1,276 degrees).

    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 Stevens Institute of Technology are Software developers (1,219,650 people), Other managers (513,438 people), Miscellaneous engineers, including nuclear engineers (444,003 people), Civil engineers (329,687 people), and Mechanical engineers (241,567 people).

    The most specialized majors at Stevens Institute of Technology in 2024 are Engineering (1,159 degrees awarded), Math & Statistics (201 degrees), Computer and Information Sciences and Support Services (1,276 degrees), Engineering Technologies (175 degrees), and Physical Sciences (46 degrees) (as of 2024).

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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 Stevens Institute of Technology are Surgeons, Cardiovascular technologists and technicians, Podiatrists, Magnetic resonance imaging technologists, and Physicians

    The most specialized majors at Stevens Institute of Technology are Engineering (1,159 degrees awarded), Math & Statistics (201 degrees), Computer and Information Sciences and Support Services (1,276 degrees), Engineering Technologies (175 degrees), and Physical Sciences (46 degrees) (as of 2024).

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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 Stevens Institute of Technology are Computer Systems Design (1,226,765 people), Architectural, engineering & related services (551,668 people), Colleges, universities & professional schools, including junior colleges (461,788 people), Construction (396,328 people), and Elementary & secondary schools (306,554 people).

    The most specialized majors at Stevens Institute of Technology are Engineering (1,159 degrees awarded), Math & Statistics (201 degrees), Computer and Information Sciences and Support Services (1,276 degrees), Engineering Technologies (175 degrees), and Physical Sciences (46 degrees) (as of 2024).

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    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 (2024)
    1. 178 degrees awarded
    2. 141 degrees awarded
    3. 92 degrees awarded

    In 2024, the most common bachelors degree concentration at Stevens Institute of Technology was Computer Science with 178 degrees awarded.

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

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    Sex Breakdown for Common Majors

    2,535
    Degrees Awarded to Men
    in 2024
    999
    Degrees Awarded to Women
    in 2024

    In 2024, 2,535 degrees were awarded to men at Stevens Institute of Technology, which is 2.54 times more than the number of degrees awarded to females (999).

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

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    Most Common Male Majors

    In 2024, 820 degrees were awarded to men at Stevens Institute of Technology in Computer Science, which is 3.35 times more than the 245 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 245 degrees were awarded to men at Stevens Institute of Technology in Computer Science, which is 0.299 times less than the 820 male recipients with that same degree.

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    Time to Complete

    65%
    100% Completion Time
    88%
    150% Completion Time

    In 2024, 65% 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, 88% 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.

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    Graduation Rate by Race and Sex

    Showing demographic groups with ≥ 5 graduating students.
    Asian Female
    Highest Graduation Rate (96%)

    The student demographic with the highest graduation rate in 2024 at Stevens Institute of Technology is Female and Asian (96% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

    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, 5.61% of graduates (49 students) did not report their race.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      803 degrees awarded
    2. Asian
      287 degrees awarded
    3. Hispanic or Latino
      151 degrees awarded

    The most common race/ethnicity at Stevens Institute of Technology is white (803 degrees awarded). There were 2.8 times more white recipients than the next closest race/ethnicity group, asian (287 degrees).

    10.7% of degree recipients (378 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Male
      781 degrees awarded
    2. White Male
      744 degrees awarded
    3. White Male
      722 degrees awarded

    The most common race/ethnicity and sex grouping at Stevens Institute of Technology is white male (781 degrees awarded). There were 1.05 times more white male recipients than the next closest race/ethnicity group, white male (744 degrees).

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    Operations

    Stevens Institute of Technology has an endowment valued at nearly $375M, as of the end of the 2024 fiscal year. The return on its endowment was of 45.5M (12.1%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, Stevens Institute of Technology had a total salary expenditure of 382M. Stevens Institute of Technology employs 123 Assistant professors, 103 Associate professors and 88 Professors. Most academics at Stevens Institute of Technology are Male Assistant professor (75), Male Professor (73), and Male Associate professor (71).

    The most common positions for non-instructional staff at Stevens Institute of Technology are: Management, with 313 employees, Office and Administrative Support, with 154 employees, and Business and Financial Operations with 83 employees.

    Endowment

    $375M
    2024 Endowment
    17.4%
    growth from 2023

    Stevens Institute of Technology has an endowment valued at about $375M, as of the end of the 2024 fiscal year. The endowment of Stevens Institute of Technology grew 17.4% from the previous year. The value of their endowment was $123M higher 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.

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    Salary Expenditure

    $166M
    2024 Salaries
    6.74%
    growth from 2023

    In 2024, Stevens Institute of Technology paid a median of $166M in salaries, which represents 43.5% of their overall expenditure ($382M) and a 6.74% growth from the previous year. This is compared to a 14.8% growth between 2022 and 2023, and a 10.5% growth between 2021 and 2022.

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    Instructional Salaries

    $56.4M
    Instructional Salaries
    356
    Number of Employees

    In 2024, Stevens Institute of Technology paid a total of $56.4M to 356 employees working as instructors, which represents 33.9% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at Stevens Institute of Technology were Management with 313 employees, Office and Administrative Support with 154 employees, and Business and Financial Operations with 83 employees.

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