Stevens Institute of Technology

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2016 Undergraduate Tuition

$47,134

3.5% growth from 2015

2016 Average Net Price

$37,168

After Financial Aid

2015 Student Loan

2.73%

Default Rate

2016 Acceptance Rate

39.1%

7,409 Applicants

2016 Enrolled Students

6,617

81.7% Full-Time

2016 Graduation Rate

82.8%

453 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 (152 degrees awarded), General Business Administration & Management (65 degrees), and General Civil Engineering (58 degrees).

In 2016, 2,721 degrees were awarded across all undergraduate and graduate programs at Stevens Institute of Technology. 28.4% of these degrees were awarded to women, and 71.6% awarded men. The majority of degree recipients were unknown (654 degrees), 1.05 times more than then the next closest race/ethnicity group, white (620 degrees).

The median undergraduate tuition at Stevens Institute of Technology is $47,134, which is $21,278 more than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at Stevens Institute of Technology is $47,134, which is $21,278 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $37,168.

In 2016, 94% of undergraduate students received federal grants, while 61% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,134

2016 Undergraduate Tuition

In 2016, the cost of tuition at Stevens Institute of Technology was $47,134. The cost of tuition at Stevens Institute of Technology is $21,278 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

$37,168

2016 Value

6.39%

1 Year Growth

In 2016 Stevens Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $37,168. Between 2015 and 2016, the average net price of Stevens Institute of Technology grew by 6.39%.

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

$13,125

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Stevens Institute of Technology was of $13,125 in 2016. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board decreased by 7.66% between 2015 and 2016. The cost of books and supplies increased by 5.26% during the same period.

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Financial Aid

Financial Aid by Income Level

94%

Of Undergraduates Receive Grants

61%

Of Undergraduates Receive Federal Loans

94% of undergraduate students at Stevens Institute of Technology received grants or loans in 2016. This represents a growth of 2.17% with respect to 2015, when 92% 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.

2.73%

2015 Default Rate

18

Number of Defaults

In 2015 the default rate for borrower's at Stevens Institute of Technology was 2.73%, which represents 18 out of the 660 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 7,409 undergraduate applications in 2016, which represents a 13.3% annual growth. Out of those 7,409 applicants, 2,898 students were accepted for enrollment, representing a 39.1% acceptance rate.

There were 6,617 students enrolled at Stevens Institute of Technology in 2016, and 64% of first-time enrollees submitted SAT scores with their applications.

Stevens Institute of Technology has an overall enrollment yield of 25.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

39.1%

Acceptance Rate in 2016

2,898

Accepted Out of 7,409

In 2016, the undergraduate acceptance rate of Stevens Institute of Technology was 39.1% (2,898 admissions from 7,409 applications). This is lower than the acceptance rate of 2015, which was 43.6%. Between 2015 and 2016, the number of applicants grew by 13.3%, while admissions grew by 1.72%.

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

64%

Submission Percentage

468

Scores Submitted

64% of enrolled first-time students at Stevens Institute of Technology 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

Stevens Institute of Technology has a total enrollment of 6,617 students. The full-time enrollment at Stevens Institute of Technology is 5,409 students and the part-time enrollment is 1,208. This means that 81.7% 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 39.8% White, 8.46% Asian, 4.84% Hispanic or Latino, 2.1% Black or African American, 0.121% 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 majority White Male (48.1%), followed by White Female (18.6%) and Asian Male (7.3%). Students enrolled in full-time Graduate programs are majority White Male (3.56%), followed by Asian Male (1.74%) and White Female (1.48%).

Full-Time vs Part-Time Enrollment

81.7%

Full-Time Enrollment

The total enrollment at Stevens Institute of Technology, both undergraduate and graduate, is 6,617 students. The full-time enrollment at Stevens Institute of Technology is 5,409 and the part-time enrollment is 1,208. This means that 81.7% of students enrolled at Stevens Institute of Technology are enrolled full-time compared with 78.1% 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

95%

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 Stevens Institute of Technology was 95%. 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

    2,632

  2. Asian

    560

  3. Hispanic or Latino

    320

The enrolled student population at Stevens Institute of Technology is 39.8% White, 8.46% Asian, 4.84% Hispanic or Latino, 2.1% Black or African American, 0.121% 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 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, 712 students (10.8%) did not report their race.

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Graduates

In 2016, 1173 fewer women than men received degrees from Stevens Institute of Technology. The majority of degree recipients at Stevens Institute of Technology are unknown (654 degrees awarded). There were 1.05 times more unknown graduates than the next closest race/ethnicity group, white (620 degrees).

The most common Bachelor's Degree concentration at Stevens Institute of Technology is Mechanical Engineering (152 degrees awarded), followed by General Business Administration & Management (65 degrees) and General Civil Engineering (58 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 (1,463 degrees awarded), Math & Statistics (146 degrees), and Computer and Information Sciences and Support Services (493 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 Stevens Institute of Technology are Software developers, applications & systems software (845,394 people), Miscellaneous managers (579,923 people), Miscellaneous engineers, including nuclear engineers (355,844 people), Civil engineers (245,538 people), and Postsecondary teachers (223,277 people).

The most specialized majors at Stevens Institute of Technology are Engineering (1,463 degrees awarded), Math & Statistics (146 degrees), Computer and Information Sciences and Support Services (493 degrees), Engineering Technologies (114 degrees), and Physical Sciences (41 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 Physicians & surgeons, Economists, Chief executives & legislators, Securities, commodities, & financial services sales agents, and Dentists

The most specialized majors at Stevens Institute of Technology are Engineering (1,463 degrees awarded), Math & Statistics (146 degrees), Computer and Information Sciences and Support Services (493 degrees), Engineering Technologies (114 degrees), and Physical Sciences (41 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 (968,758 people), Architectural, engineering & related services (478,553 people), Colleges, universities & professional schools, including junior colleges (401,347 people), Construction (292,256 people), and Elementary & secondary schools (257,884 people).

The most specialized majors at Stevens Institute of Technology are Engineering (1,463 degrees awarded), Math & Statistics (146 degrees), Computer and Information Sciences and Support Services (493 degrees), Engineering Technologies (114 degrees), and Physical Sciences (41 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. 152 degrees awarded

  2. 65 degrees awarded

  3. 58 degrees awarded

In 2016, the most common bachelors degree concentration at Stevens Institute of Technology was Mechanical Engineering with 152 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,947

  2. 774

In 2016, 1,947 degrees were awarded to men at Stevens Institute of Technology, which is 2.52 times more than the number of degrees awarded to females (774).

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 2016, 269 degrees were awarded to men at Stevens Institute of Technology in Mechanical Engineering, which is 2.96 times more than the 91 female recipients with that same degree.

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Most Common Female Majors

In 2016, 91 degrees were awarded to women at Stevens Institute of Technology in Mechanical Engineering, which is 0.338 times less than the 269 male recipients with that same degree.

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Time to Complete

40%

100% Completion Time

82%

150% Completion Time

In 2016, 40% 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, 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.

White Female

Highest Graduation Rate (91.2%)

The student demographic with the highest graduation rate at Stevens Institute of Technology is Female and White (91.2% 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, 10.6% of graduates (48 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. Unknown

    654 degrees awarded

  2. White

    620 degrees awarded

  3. Asian

    181 degrees awarded

The most common race/ethnicity at Stevens Institute of Technology is unknown (654 degrees awarded). There were 1.05 times more unknown recipients than the next closest race/ethnicity group, white (620 degrees).

24% of degree recipients (654 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    438 degrees awarded

  2. White Female

    182 degrees awarded

  3. Asian Male

    128 degrees awarded

The most common race/ethnicity and gender grouping at Stevens Institute of Technology is white male (438 degrees awarded). There were 2.41 times more white male recipients than the next closest race/ethnicity group, white female (182 degrees).

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Operations

Stevens Institute of Technology has an endowment valued at nearly $174M, as of the end of the 2015 fiscal year. The return on its endowment was of $1.49M (0.859%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Stevens Institute of Technology had a total expenditure of $208M. Of that $208M, they spent $101M on salaries and $208M on benefits.

Stevens Institute of Technology employs 92 Associate professors, 91 Assistant professors, and 79 Professors. Most academics at Stevens Institute of Technology are Male Professors (67), Male Associate professors(67), and Male Assistant professors (60).

The most common positions for non-instructional staff at Stevens Institute of Technology are: Management, with 189 employees, Office and Administrative Support, with 131 employees, and Research with 67 employees.

Finances

Endowment

$174M

2015 Endowment

0.362%

growth from 2014

Stevens Institute of Technology has an endowment valued at about $174M, as of the end of the 2015 fiscal year. The endowment of Stevens Institute of Technology grew 0.362% from the previous year. The value of their endowment was $97.3M 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. $27.3M - Federal

  2. $5.25M - State

  3. $0 - Local

As of 2015, Stevens Institute of Technology received $27.3M in grants and contracts from the federal government, $5.25M 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.

$101M

Salary Expenditure

$208M

Benefits Expenditure

In 2015, Stevens Institute of Technology had a total expenditure of $208M. Of that $208M, they spent $101M on salaries and $208M on benefits.

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

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Salary Expenditure

$101M

2015 Salaries

10.1%

growth from 2014

In 2015, Stevens Institute of Technology paid a median of $101M in salaries, which represents 48.6% of their overall expenditure ($208M) and a 10.1% growth from the previous year. This is compared to a 5.31% growth from 2013 and a 1.33% decline from 2012.

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

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Instructional Salaries

$29.4M

Instructional Salaries

272

Number of Employees

In 2015, Stevens Institute of Technology paid a total of $29.4M to 272 employees working as instructors, which represents 29.1% 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

Associate professor

Most Common Instructor

92 Employees

Management

Most Common Non-Instructional Employee

189 Employees

In 2016, the most common positions for instructional staff at Stevens Institute of Technology were Associate professor with 92 employees; Assistant professor with 91 employees; and Assistant professor with 79 employees.

In 2016, the most common positions for non-instructional staff at Stevens Institute of Technology were Management with 189 employees; Office and Administrative Support with 131 employees; and Research with 67 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Stevens Institute of Technology was Male Professor with 67 employees, Male Associate professor with 67 employees, and Male Assistant professor with 60 employees.

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

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