Stevens Institute of Technology

www.stevens.edu/

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2021 Undergraduate Tuition

$54,780

1.77% growth from 2020

2021 Average Net Price

$40,828

After Financial Aid

2019 Student Loan

0.418%

Default Rate

2021 Acceptance Rate

52.7%

11,320 Applicants

2021 Enrolled Students

8,287

82.4% Full-Time

2021 Graduation Rate

87.3%

597 Graduates

About

Stevens Institute of Technology is a higher education institution located in Hudson County, NJ. In 2021, the most popular Masters Degree concentrations at Stevens Institute of Technology were Computer Science (266 degrees awarded), Other Business Administration, Management, & Operations (164 degrees), and Information Technology (155 degrees).

In 2021, 2,862 degrees were awarded across all undergraduate and graduate programs at Stevens Institute of Technology. 29.7% of these degrees were awarded to women, and 70.3% awarded men. The most common race/ethnicity group of degree recipients was white (1,013 degrees), 3.64 times more than then the next closest race/ethnicity group, asian (278 degrees).

The median undergraduate tuition at Stevens Institute of Technology is $54,780, which is $25,788 more than the national average for Doctoral Universities ($28,992).

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at Stevens Institute of Technology is $54,780, which is $25,788 more than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $40,828.

In 2021, 96% of undergraduate students attending Stevens Institute of Technology received financial aid through grants. Comparatively, 57% of undergraduate students received financial aid through loans.

Tuition Costs

$54,780

2021 Undergraduate Tuition

In 2021, the cost of tuition at Stevens Institute of Technology was $54,780. The cost of tuition at Stevens Institute of Technology is $25,788 more than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

Average Net Price

$40,828

2021 Value

1.3%

1 Year Growth

In 2021 Stevens Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $40,828. Between 2020 and 2021, the average net price of Stevens Institute of Technology grew by 1.3%.

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

$16,244

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Stevens Institute of Technology was of $16,244 in 2021. The cost of room and board increased by 3.01% between 2020 and 2021.

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.

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

57%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Stevens Institute of Technology received financial aid through grants or loans in 2021. This represents a growth of 1.05% with respect to 2020, when 95% 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.

0.418%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Stevens Institute of Technology was 0.418%, which represents 3 out of the 717 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 11,320 undergraduate applications in 2021, which represents a 9.41% annual growth. Out of those 11,320 applicants, 5,965 students were accepted for enrollment, representing a 52.7% acceptance rate.

There were 8,287 students enrolled at Stevens Institute of Technology in 2021. 38% of first-time enrollees submitted SAT scores with their applications.

Stevens Institute of Technology has an overall enrollment yield of 18.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

52.7%

Acceptance Rate in 2021

5,965

Accepted Out of 11,320

In 2021, the undergraduate acceptance rate of Stevens Institute of Technology was 52.7% (5,965 admissions from 11,320 applications). This is lower than the acceptance rate of 2020, which was 53.1%. Between 2020 and 2021, the number of applicants grew by 9.41%, while admissions grew by 8.65%..

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.

SAT Scores

38%

Submission Percentage (2021)

413

Scores Submitted (2021)

38% of enrolled first-time students at Stevens Institute of Technology in 2021 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 had a total enrollment of 8,287 students in 2021. The full-time enrollment at Stevens Institute of Technology is 6,825 students and the part-time enrollment is 1,462. This means that 82.4% 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 35.6% White, 12.9% Asian, 8.13% Hispanic or Latino, 2.28% Black or African American, 0.253% American Indian or Alaska Native, and 0.0724% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Stevens Institute of Technology in full-time Undergraduate programs are most commonly White Male (35.7%), followed by White Female (15.6%) and Asian Male (12.2%). Students enrolled in full-time Graduate programs are most commonly White Male (6.06%), followed by Asian Male (2.26%) and White Female (2.04%).

Full-Time vs Part-Time Enrollment

82.4%

Full-Time Enrollment

The total enrollment at Stevens Institute of Technology in 2021, both undergraduate and graduate, is 8,287 students. The full-time enrollment at Stevens Institute of Technology is 6,825 and the part-time enrollment is 1,462. This means that 82.4% of students enrolled at Stevens Institute of Technology are enrolled full-time compared with 76.6% 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.

Retention Rate over Time

93%

2021 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 (84%), 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 (2021)

White
2,951 enrolled students
Asian
1,070 enrolled students
Hispanic or Latino
674 enrolled students

The enrolled student population at Stevens Institute of Technology is 35.6% White, 12.9% Asian, 8.13% Hispanic or Latino, 2.28% Black or African American, 0.253% American Indian or Alaska Native, and 0.0724% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 823 students (9.93%) did not report their race.

Graduates

In 2021, 1,162 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 (1,013 degrees awarded). There were 3.64 times more white recipients than the next closest race/ethnicity group, asian (278 degrees).

The most common Masters Degree concentration at Stevens Institute of Technology is Computer Science (266 degrees awarded), followed by Other Business Administration, Management, & Operations (164 degrees) and Information Technology (155 degrees).

In 2021, 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 (1,178 degrees awarded), Math & Statistics (219 degrees), and Computer and Information Sciences and Support Services (572 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 (969,969 people), Other managers (484,756 people), Miscellaneous engineers, including nuclear engineers (398,916 people), Civil engineers (277,255 people), and Postsecondary teachers (223,363 people).

The most specialized majors at Stevens Institute of Technology in 2021 are Engineering (1,178 degrees awarded), Math & Statistics (219 degrees), Computer and Information Sciences and Support Services (572 degrees), Engineering Technologies (138 degrees), and Physical Sciences (47 degrees) (as of 2021).

Highest Paying Jobs by Major

Podiatrists

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 Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Stevens Institute of Technology are Engineering (1,178 degrees awarded), Math & Statistics (219 degrees), Computer and Information Sciences and Support Services (572 degrees), Engineering Technologies (138 degrees), and Physical Sciences (47 degrees) (as of 2021).

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 (1,065,137 people), Architectural, engineering & related services (496,111 people), Colleges, universities & professional schools, including junior colleges (432,294 people), Construction (335,422 people), and Elementary & secondary schools (274,443 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 (2021)

Computer Science
266 degree-majors awarded
Other Business Administration, Management, & Operations
164 degree-majors awarded
Information Technology
155 degree-majors awarded

In 2021, the most common masters degree concentration at Stevens Institute of Technology was Computer Science with 266 degrees awarded.

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

Sex Breakdown for Common Majors

2,012

Degrees Awarded to Men

in 2021

850

Degrees Awarded to Women

in 2021

In 2021, 2,012 degrees were awarded to men at Stevens Institute of Technology, which is 2.37 times more than the number of degrees awarded to females (850).

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

Most Common Male Majors

In 2021, 312 degrees were awarded to men at Stevens Institute of Technology in Computer Science, which is 4.33 times more than the 72 female recipients with that same degree.

Most Common Female Majors

In 2021, 90 degrees were awarded to men at Stevens Institute of Technology in Other Business Administration, Management, & Operations, which is 0.796 times less than the 113 male recipients with that same degree.

Time to Complete

46%

100% Completion Time

85%

150% Completion Time

In 2021, 46% 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, 85% completed their degrees within 150% of the normal time, and 85% 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.

Asian Female

Highest Graduation Rate (90.9%)

The student demographic with the highest graduation rate in 2021 at Stevens Institute of Technology is Female and Asian (90.9% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

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, 10.9% of graduates (65 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
1,013 degrees awarded
Asian
278 degrees awarded
Hispanic or Latino
118 degrees awarded

The most common race/ethnicity at Stevens Institute of Technology is white (1,013 degrees awarded). There were 3.64 times more white recipients than the next closest race/ethnicity group, asian (278 degrees).

4.19% of degree recipients (120 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
722 degrees awarded
White Female
291 degrees awarded
Asian Male
178 degrees awarded

The most common race/ethnicity and sex grouping at Stevens Institute of Technology is white male (722 degrees awarded). There were 2.48 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 $273M, as of the end of the 2021 fiscal year. The return on its endowment was of 50.3M (18.4%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, Stevens Institute of Technology had a total salary expenditure of 248M. Stevens Institute of Technology employs 109 Associate professors, 108 Assistant professors and 69 Professors. Most academics at Stevens Institute of Technology are Male Associate professor (78), Male Assistant professor (67), and Male Professor (61).

The most common positions for non-instructional staff at Stevens Institute of Technology are: Management, with 230 employees, Office and Administrative Support, with 136 employees, and Business and Financial Operations with 66 employees.

Endowment

$273M

2021 Endowment

21.3%

growth from 2020

Stevens Institute of Technology has an endowment valued at about $273M, as of the end of the 2021 fiscal year. The endowment of Stevens Institute of Technology grew 21.3% from the previous year. The value of their endowment was $115M 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.

Salary Expenditure

$123M

2021 Salaries

2.29%

decline from 2020

In 2021, Stevens Institute of Technology paid a median of $123M in salaries, which represents 49.5% of their overall expenditure ($248M) and a 2.29% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$44.4M

Instructional Salaries

308

Number of Employees

In 2021, Stevens Institute of Technology paid a total of $44.4M to 308 employees working as instructors, which represents 36.1% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Associate professor

Most Common Instructor

109 Employees

Management

Most Common Non-Instructional Employee

230 Employees

In 2021, the most common positions for instructional staff at Stevens Institute of Technology were Associate professor with 109 employees, Assistant professor with 108 employees, and Professor with 69 employees.

In 2021, the most common positions for non-instructional staff at Stevens Institute of Technology were Management with 230 employees, Office and Administrative Support with 136 employees, and Business and Financial Operations with 66 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Male Assistant professor
Male Professor

In 2021, the most common demographic for instructional staff at Stevens Institute of Technology was Male Associate professor with 78 employees, Male Assistant professor with 67 employees, and Male Professor with 61 employees.

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