Thomas Edison State University

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2020 Undergraduate Tuition
$7,182
9.39% growth from 2019
2018 Student Loan
4.76%
Default Rate
2020 Enrolled Students
10,495
0.8% Full-Time

About

Thomas Edison State University is a higher education institution located in Mercer County, NJ. In 2016, the most popular Bachelor's Degree concentrations at Thomas Edison State University were Other Multidisciplinary Studies (440 degrees awarded), Liberal Arts & Sciences (357 degrees), and Registered Nursing (193 degrees).

In 2020, 2,422 degrees were awarded across all undergraduate and graduate programs at Thomas Edison State University. 43.1% of these degrees were awarded to women, and 56.9% awarded men. The most common race/ethnicity group of degree recipients was white (1,238 degrees), 2.92 times more than then the next closest race/ethnicity group, unknown (424 degrees).

The median undergraduate tuition at Thomas Edison State University is $7,182, which is $−15,348 less than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Thomas Edison State University is $7,182, which is $−15,348 less than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $N/A.

In 2020, 20% of undergraduate students received federal grants, while 23% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,182
2020 Undergraduate Tuition

In 2020, the cost of tuition at Thomas Edison State University was $7,182. The cost of tuition at Thomas Edison State University is $−15,348 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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Average Net Price

$N/A
2020 Value

In 2020 Thomas Edison State University had an average net price — the price paid after factoring in grants and loans — of $N/A. Between 2019 and 2020, the average net price of Thomas Edison State University grew by 0%.

This chart compares the average net price of Thomas Edison State University (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

$5,103
Room and Board
$1,700
Books and Supplies

The average yearly cost of room and board at Thomas Edison State University was of $5,103 in 2020. During the same period, the average yearly cost of books and supplies was $1,700. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

20%
Of Undergraduates Receive Grants
23%
Of Undergraduates Receive Federal Loans

20% of undergraduate students at Thomas Edison State University received grants or loans in 2020. This represents a growth of 17.6% with respect to 2019, when 17% of undergraduate students received financial aid.

This chart compares the average award discount at Thomas Edison State University (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.
4.76%
2018 Default Rate
81
Number of Defaults

In 2018 the default rate for borrower's at Thomas Edison State University was 4.76%, which represents 81 out of the 1702 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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Enrollment

Thomas Edison State University has a total enrollment of 10,495 students. The full-time enrollment at Thomas Edison State University is 84 students and the part-time enrollment is 10,411. This means that 0.8% of students enrolled at Thomas Edison State University are enrolled full-time.

The enrolled student population at Thomas Edison State University, both undergraduate and graduate, is 49.3% White, 14.1% Black or African American, 12.6% Hispanic or Latino, 4.47% Asian, 3.32% Two or More Races, 0.419% Native Hawaiian or Other Pacific Islanders, and 0.305% American Indian or Alaska Native.

Students enrolled at Thomas Edison State University in full-time Undergraduate programs are most commonly White Female (46.7%), followed by White Male (13.3%) and Asian Female (8%). Students enrolled in full-time Graduate programs are most commonly White Female (44.4%), followed by Black or African American Female (33.3%) and Black or African American Male (11.1%).

Full-Time vs Part-Time Enrollment

0.8%
Full-Time Enrollment

The total enrollment at Thomas Edison State University, both undergraduate and graduate, is 10,495 students. The full-time enrollment at Thomas Edison State University is 84 and the part-time enrollment is 10,411. This means that 0.8% of students enrolled at Thomas Edison State University are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Thomas Edison State University (in red) compares to similar universities.

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Retention Rate over Time

N/A%
N/A 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 Thomas Edison State University was N/A%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Thomas Edison State University had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at Thomas Edison State University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    5,175
  2. Black or African American
    1,476
  3. Hispanic or Latino
    1,327

The enrolled student population at Thomas Edison State University is 49.3% White, 14.1% Black or African American, 12.6% Hispanic or Latino, 4.47% Asian, 3.32% Two or More Races, 0.419% Native Hawaiian or Other Pacific Islanders, and 0.305% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 1,512 students (14.4%) did not report their race.

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Graduates

In 2020, 332 fewer women than men received degrees from Thomas Edison State University. The most common race/ethnicity group of degree recipients at Thomas Edison State University is white (1,238 degrees awarded). There were 2.92 times more white graduates than the next closest race/ethnicity group, unknown (424 degrees).

The most common Bachelor's Degree concentration at Thomas Edison State University is Other Multidisciplinary Studies (440 degrees awarded), followed by Liberal Arts & Sciences (357 degrees) and Registered Nursing (193 degrees).

The most specialized majors across all degree types at Thomas Edison State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Applied Sciences (58 degrees awarded), Interdisciplinary Studies (676 degrees), and Liberal Arts & Humanities (555 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 Thomas Edison State University are Accountants & auditors (1,045,465 people), Other managers (927,937 people), Financial managers (567,543 people), Chief executives & legislators (475,218 people), and Lawyers, & judges, magistrates, & other judicial workers (447,802 people).

The most specialized majors at Thomas Edison State University are Applied Sciences (58 degrees awarded), Interdisciplinary Studies (676 degrees), Liberal Arts & Humanities (555 degrees), Social Sciences (151 degrees), and Engineering Technologies (62 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 Thomas Edison State University are Dentists, Surgeons, Lawyers, & judges, magistrates, & other judicial workers, Physicians, and Cardiovascular technologists and technicians

The most specialized majors at Thomas Edison State University are Applied Sciences (58 degrees awarded), Interdisciplinary Studies (676 degrees), Liberal Arts & Humanities (555 degrees), Social Sciences (151 degrees), and Engineering Technologies (62 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 Thomas Edison State University are Elementary & secondary schools (856,820 people), Computer Systems Design (653,451 people), Banking & related activities (582,412 people), Colleges, universities & professional schools, including junior colleges (566,399 people), and Securities, commodities, funds, trusts & other financial investments (526,097 people).

The most specialized majors at Thomas Edison State University are Applied Sciences (58 degrees awarded), Interdisciplinary Studies (676 degrees), Liberal Arts & Humanities (555 degrees), Social Sciences (151 degrees), and Engineering Technologies (62 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 Thomas Edison State University.
Most Common
  1. 440 degree-majorss awarded
  2. 357 degree-majorss awarded
  3. 193 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Thomas Edison State University was Other Multidisciplinary Studies with 440 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Thomas Edison State University according to their major.

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Sex Breakdown for Common Majors

1,377
Degrees Awarded to Men
in 2020
1,045
Degrees Awarded to Women
in 2020

In 2020, 1,377 degrees were awarded to men at Thomas Edison State University, which is 1.32 times more than the number of degrees awarded to females (1,045).

This chart displays the sex disparity between the top 5 majors at Thomas Edison State University by degrees awarded.

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Most Common Male Majors

In 2020, 442 degrees were awarded to men at Thomas Edison State University in Other Multidisciplinary Studies, which is 4.86 times more than the 91 female recipients with that same degree.

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Most Common Female Majors

In 2020, 239 degrees were awarded to women at Thomas Edison State University in Liberal Arts & Sciences, which is 1.2 times more than the 200 male recipients with that same degree.

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Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
N/A
Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Thomas Edison State University is N/A and N/A (N/A% graduation rate). Across all Masters Colleges and 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, N/A% of graduates (N/A students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    1,238 degrees awarded
  2. Unknown
    424 degrees awarded
  3. Black or African American
    273 degrees awarded

The most common race/ethnicity at Thomas Edison State University is white (1,238 degrees awarded). There were 2.92 times more white recipients than the next closest race/ethnicity group, unknown (424 degrees).

17.5% of degree recipients (424 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    740 degrees awarded
  2. White Female
    498 degrees awarded
  3. Black or African American Female
    137 degrees awarded

The most common race/ethnicity and sex grouping at Thomas Edison State University is white male (740 degrees awarded). There were 1.49 times more white male recipients than the next closest race/ethnicity group, white female (498 degrees).

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Operations

Thomas Edison State University has an endowment valued at nearly $10M, as of the end of the 2020 fiscal year. The return on its endowment was of $718k (7.18%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Thomas Edison State University had a total salary expenditure of $69.3M. Thomas Edison State University employs 0 N/A, 0 N/A, and 0 N/A. Most academics at Thomas Edison State University are N/A (0), N/A(0), and N/A (0).

The most common positions for non-instructional staff at Thomas Edison State University are: Management, with 93 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 74 employees, and Office and Administrative Support with 44 employees.

Finances

Endowment

$10M
2020 Endowment
19.4%
growth from 2019

Thomas Edison State University has an endowment valued at about $10M, as of the end of the 2020 fiscal year. The endowment of Thomas Edison State University grew 19.4% from the previous year. The value of their endowment was $29.6M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Thomas Edison State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $426k - Federal
  2. $0 - State
  3. $0 - Local

As of 2020, Thomas Edison State University received $426k in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$28.3M
2020 Salaries
0.892%
decline from 2019

In 2020, Thomas Edison State University paid a median of $28.3M in salaries, which represents 40.8% of their overall expenditure ($69.3M) and a 0.892% decline from the previous year. This is compared to a 1.58% decline from 2018 and a 2.4% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

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Instructional Salaries

$N/A
Instructional Salaries
0
Number of Employees

In N/A, Thomas Edison State University paid a total of $N/A to 0 employees working as instructors, which represents N/A% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

false
Most Common Instructor
false Employees
Management
Most Common Non-Instructional Employee
93 Employees

In false, the most common positions for instructional staff at Thomas Edison State University were false with 0 employees; false with 0 employees; and false with 0 employees.

In false, the most common positions for non-instructional staff at Thomas Edison State University were Management with 93 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 74 employees; and Office and Administrative Support with 44 employees.

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Instructors by Academic Rank and Sex

This chart shows the sex split between each academic rank present at Thomas Edison State University.

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