Stevens Institute of Technology

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2019 Undergraduate Tuition
$52,134
3.5% growth from 2018
2019 Average Net Price
$40,770
After Financial Aid
2017 Student Loan
0.774%
Default Rate
2019 Acceptance Rate
40%
10,475 Applicants
2019 Enrolled Students
7,283
83.8% Full-Time
2018 Graduation Rate
87.5%
537 Graduates

About

Stevens Institute of Technology is a higher education institution located in Hudson County, NJ. In 2016, the most popular Bachelor's Degree concentrations at Stevens Institute of Technology were Mechanical Engineering (183 degrees awarded), General Business Administration & Management (82 degrees), and Computer Science (80 degrees).

In 2019, 2,963 degrees were awarded across all undergraduate and graduate programs at Stevens Institute of Technology. 27.2% of these degrees were awarded to women, and 72.8% awarded men. The most common race/ethnicity group of degree recipients was white (1,063 degrees), 3.42 times more than then the next closest race/ethnicity group, unknown (311 degrees).

The median undergraduate tuition at Stevens Institute of Technology is $52,134, which is $23,634 more than the national average for Doctoral Universities ($28,500).

Costs

The median undergraduate tuition at Stevens Institute of Technology is $52,134, which is $23,634 more than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $40,770.

In 2019, 94% of undergraduate students received federal grants, while 60% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$52,134
2019 Undergraduate Tuition

In 2019, the cost of tuition at Stevens Institute of Technology was $52,134. The cost of tuition at Stevens Institute of Technology is $23,634 more than than the overall (public and private) national average for Doctoral Universities ($28,500).

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Average Net Price

$40,770
2019 Value
2.28%
1 Year Growth

In 2019 Stevens Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $40,770. Between 2018 and 2019, the average net price of Stevens Institute of Technology grew by 2.28%.

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

$15,244
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Stevens Institute of Technology was of $15,244 in 2019. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 3.14% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

94%
Of Undergraduates Receive Grants
60%
Of Undergraduates Receive Federal Loans

94% of undergraduate students at Stevens Institute of Technology received grants or loans in 2019. This represents a growth of 0% with respect to 2018, 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.

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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.
0.774%
2017 Default Rate
5
Number of Defaults

In 2017 the default rate for borrower's at Stevens Institute of Technology was 0.774%, which represents 5 out of the 646 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

Stevens Institute of Technology received 10,475 undergraduate applications in 2019, which represents a 13.1% annual growth. Out of those 10,475 applicants, 4,186 students were accepted for enrollment, representing a 40% acceptance rate.

There were 7,283 students enrolled at Stevens Institute of Technology in 2019, and 76% of first-time enrollees submitted SAT scores with their applications.

Stevens Institute of Technology has an overall enrollment yield of 23.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

40%
Acceptance Rate in 2019
4,186
Accepted Out of 10,475

In 2019, the undergraduate acceptance rate of Stevens Institute of Technology was 40% (4,186 admissions from 10,475 applications). This is lower than the acceptance rate of 2018, which was 41.4%. Between 2018 and 2019, the number of applicants grew by 13.1%, while admissions grew by 9.07%.

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

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SAT Scores

76%
Submission Percentage
735
Scores Submitted

76% of enrolled first-time students at Stevens Institute of Technology 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

Stevens Institute of Technology has a total enrollment of 7,283 students. The full-time enrollment at Stevens Institute of Technology is 6,102 students and the part-time enrollment is 1,181. This means that 83.8% 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 40.8% White, 12.4% Asian, 6.21% Hispanic or Latino, 2.38% Black or African American, 0.206% 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 (43.8%), followed by White Female (17.8%) and Asian Male (11.8%). Students enrolled in full-time Graduate programs are most commonly White Male (5.41%), followed by White Female (2.32%) and Asian Male (1.91%).

Full-Time vs Part-Time Enrollment

83.8%
Full-Time Enrollment

The total enrollment at Stevens Institute of Technology, both undergraduate and graduate, is 7,283 students. The full-time enrollment at Stevens Institute of Technology is 6,102 and the part-time enrollment is 1,181. This means that 83.8% of students enrolled at Stevens Institute of Technology are enrolled full-time compared with 77.6% 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%
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 Stevens Institute of Technology was 94%. Compared with the full-time retention rate at similar Doctoral Universities (83%), 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
  1. White
    2,971
  2. Asian
    903
  3. Hispanic or Latino
    452

The enrolled student population at Stevens Institute of Technology is 40.8% White, 12.4% Asian, 6.21% Hispanic or Latino, 2.38% Black or African American, 0.206% 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 50.3% 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, 426 students (5.85%) did not report their race.

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Graduates

In 2019, 1353 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 (1,063 degrees awarded). There were 3.42 times more white graduates than the next closest race/ethnicity group, unknown (311 degrees).

The most common Bachelor's Degree concentration at Stevens Institute of Technology is Mechanical Engineering (183 degrees awarded), followed by General Business Administration & Management (82 degrees) and Computer Science (80 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 (1,402 degrees awarded), Math & Statistics (190 degrees), and Computer and Information Sciences and Support Services (559 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 Stevens Institute of Technology are Software developers (1,031,515 people), Other managers (458,666 people), Miscellaneous engineers, including nuclear engineers (386,624 people), Civil engineers (285,135 people), and Mechanical engineers (221,686 people).

The most specialized majors at Stevens Institute of Technology are Engineering (1,402 degrees awarded), Math & Statistics (190 degrees), Computer and Information Sciences and Support Services (559 degrees), Engineering Technologies (121 degrees), and Physical Sciences (47 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 Stevens Institute of Technology are Surgeons, Other financial specialists, Lawyers, & judges, magistrates, & other judicial workers, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Stevens Institute of Technology are Engineering (1,402 degrees awarded), Math & Statistics (190 degrees), Computer and Information Sciences and Support Services (559 degrees), Engineering Technologies (121 degrees), and Physical Sciences (47 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 Stevens Institute of Technology are Computer Systems Design (1,052,836 people), Architectural, engineering & related services (492,567 people), Colleges, universities & professional schools, including junior colleges (426,830 people), Construction (335,321 people), and Elementary & secondary schools (263,362 people).

The most specialized majors at Stevens Institute of Technology are Engineering (1,402 degrees awarded), Math & Statistics (190 degrees), Computer and Information Sciences and Support Services (559 degrees), Engineering Technologies (121 degrees), and Physical Sciences (47 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 Stevens Institute of Technology.
Most Common
  1. 183 degree-majorss awarded
  2. 82 degree-majorss awarded
  3. 80 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Stevens Institute of Technology was Mechanical Engineering with 183 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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Gender Breakdown for Common Majors

2,158
Degrees Awarded to Men
in 2019
805
Degrees Awarded to Women
in 2019

In 2019, 2,158 degrees were awarded to men at Stevens Institute of Technology, which is 2.68 times more than the number of degrees awarded to females (805).

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

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Most Common Male Majors

In 2019, 264 degrees were awarded to men at Stevens Institute of Technology in Systems Engineering, which is 3.07 times more than the 86 female recipients with that same degree.

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Most Common Female Majors

In 2019, 86 degrees were awarded to women at Stevens Institute of Technology in Systems Engineering, which is 0.326 times less than the 264 male recipients with that same degree.

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Time to Complete

42%
100% Completion Time
83%
150% Completion Time

In 2019, 42% 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, 83% 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.
Black or African American Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Stevens Institute of Technology is Female and Black or African American (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, 14% of graduates (75 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,063 degrees awarded
  2. Unknown
    311 degrees awarded
  3. Asian
    274 degrees awarded

The most common race/ethnicity at Stevens Institute of Technology is white (1,063 degrees awarded). There were 3.42 times more white recipients than the next closest race/ethnicity group, unknown (311 degrees).

10.5% of degree recipients (311 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    781 degrees awarded
  2. White Female
    282 degrees awarded
  3. Asian Male
    178 degrees awarded

The most common race/ethnicity and gender grouping at Stevens Institute of Technology is white male (781 degrees awarded). There were 2.77 times more white male recipients than the next closest race/ethnicity group, white female (282 degrees).

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Operations

Stevens Institute of Technology has an endowment valued at nearly $224M, as of the end of the 2019 fiscal year. The return on its endowment was of $18.9M (8.42%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Stevens Institute of Technology had a total salary expenditure of $253M. Stevens Institute of Technology employs 111 Assistant professors, 96 Associate professors, and 69 Professors. Most academics at Stevens Institute of Technology are Male Assistant professors (76), Male Associate professors(66), and Male Professors (60).

The most common positions for non-instructional staff at Stevens Institute of Technology are: Management, with 228 employees, Office and Administrative Support, with 146 employees, and Business and Financial Operations with 76 employees.

Finances

Endowment

$224M
2019 Endowment
8.46%
growth from 2018

Stevens Institute of Technology has an endowment valued at about $224M, as of the end of the 2019 fiscal year. The endowment of Stevens Institute of Technology grew 8.46% from the previous year. The value of their endowment was $86.7M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $29.5M - Federal
  2. $3.43M - State
  3. $0 - Local

As of 2019, Stevens Institute of Technology received $29.5M in grants and contracts from the federal government, $3.43M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$122M
2019 Salaries
7.21%
growth from 2018

In 2019, Stevens Institute of Technology paid a median of $122M in salaries, which represents 48.1% of their overall expenditure ($253M) and a 7.21% growth from the previous year. This is compared to a 3.63% growth from 2017 and a 1.51% growth from 2016.

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

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Instructional Salaries

$41.2M
Instructional Salaries
299
Number of Employees

In 2019, Stevens Institute of Technology paid a total of $41.2M to 299 employees working as instructors, which represents 33.9% 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

Assistant professor
Most Common Instructor
111 Employees
Management
Most Common Non-Instructional Employee
228 Employees

In 2019, the most common positions for instructional staff at Stevens Institute of Technology were Assistant professor with 111 employees; Associate professor with 96 employees; and Associate professor with 69 employees.

In 2019, the most common positions for non-instructional staff at Stevens Institute of Technology were Management with 228 employees; Office and Administrative Support with 146 employees; and Business and Financial Operations with 76 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Stevens Institute of Technology was Male Assistant professor with 76 employees, Male Associate professor with 66 employees, and Male Professor with 60 employees.

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

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