Hofstra University

www.hofstra.edu

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2023 Undergraduate Tuition

$54,335

4.06% growth from 2022

2023 Average Net Price

$35,687

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

70.6%

22,890 Applicants

2023 Enrolled Students

10,393

87.5% Full-Time

2023 Graduation Rate

67.1%

1,091 Graduates

About

Hofstra University is a higher education institution located in Nassau County, NY. In 2023, the most popular Professional Doctorate concentrations at Hofstra University were Law (258 degrees awarded), Medicine (93 degrees), and Audiology (7 degrees).

In 2023, 3,070 degrees were awarded across all undergraduate and graduate programs at Hofstra University. 62.4% of these degrees were awarded to women, and 37.6% awarded men. The most common race/ethnicity group of degree recipients was white (1,718 degrees), 4.62 times more than then the next closest race/ethnicity group, asian (372 degrees).

The median undergraduate tuition at Hofstra University is $54,335, which is $23,332 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Hofstra University was 0%, corresponding to 0 out of the 2,165 total borrowers.

Photo by Terry Ballard

Doctoral Universities: Moderate Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Hofstra University is $54,335, which is $23,332 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $35,687.

In 2023, 93% of undergraduate students attending Hofstra University received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$54,335

2023 Undergraduate Tuition

In 2023, the cost of tuition at Hofstra University was $54,335. The cost of tuition at Hofstra University is $23,332 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of Hofstra University (in red) with those of other similar universities.

Average Net Price

$35,687

2023 Value

1.86%

1 Year Growth

In 2023 Hofstra University had an average net price — the price paid after factoring in grants and loans — of $35,687. Between 2022 and 2023, the average net price of Hofstra University grew by 1.86%.

This chart compares the average net price of Hofstra 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.

Other Student Expenses

$20,529

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Hofstra University was of $20,529 in 2023. The cost of room and board increased by 4.75% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Hofstra University (in red) with that of similar universities.

Financial Aid by Income Level

93%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

93% of undergraduate students at Hofstra University received financial aid through grants or loans in 2023. This represents a growth of 1.09% with respect to 2022, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at Hofstra 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Hofstra University was 0%, which represents 0 out of the 2165 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

Hofstra University received 22,890 undergraduate applications in 2023, which represents a 2.91% annual growth. Out of those 22,890 applicants, 16,157 students were accepted for enrollment, representing a 70.6% acceptance rate.

There were 10,393 students enrolled at Hofstra University in 2023. 31% of first-time enrollees submitted SAT scores with their applications.

Hofstra University has an overall enrollment yield of 9.86%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

70.6%

Acceptance Rate in 2023

16,157

Accepted Out of 22,890

In 2023, the undergraduate acceptance rate of Hofstra University was 70.6% (16,157 admissions from 22,890 applications). This is higher than the acceptance rate of 2022, which was 69.3%. Between 2022 and 2023, the number of applicants declined by 2.91%, while admissions declined by 1.16%.

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

SAT Scores

31%

Submission Percentage (2023)

493

Scores Submitted (2023)

31% of enrolled first-time students at Hofstra University in 2023 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.

Enrollment

Hofstra University had a total enrollment of 10,393 students in 2023. The full-time enrollment at Hofstra University is 9,093 students and the part-time enrollment is 1,300. This means that 87.5% of students enrolled at Hofstra University are enrolled full-time.

The enrolled student population at Hofstra University, both undergraduate and graduate, is 49.4% White, 14.8% Hispanic or Latino, 13.5% Asian, 8.57% Black or African American, 3.71% Two or More Races, 0.212% American Indian or Alaska Native, and 0.0481% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Hofstra University in full-time Undergraduate programs are most commonly White Female (27.5%), followed by White Male (21.9%) and Hispanic or Latino Female (9.85%). Students enrolled in full-time Graduate programs are most commonly White Female (33.3%), followed by White Male (20.1%) and Asian Female (7.47%).

Full-Time vs Part-Time Enrollment

87.5%

Full-Time Enrollment

The total enrollment at Hofstra University in 2023, both undergraduate and graduate, is 10,393 students. The full-time enrollment at Hofstra University is 9,093 and the part-time enrollment is 1,300. This means that 87.5% of students enrolled at Hofstra University are enrolled full-time compared with 77.9% at similar Doctoral Universities.

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

Retention Rate over Time

83%

2023 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 Hofstra University was 83%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Hofstra University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
5,130 enrolled students
Hispanic or Latino
1,537 enrolled students
Asian
1,407 enrolled students

The enrolled student population at Hofstra University is 49.4% White, 14.8% Hispanic or Latino, 13.5% Asian, 8.57% Black or African American, 3.71% Two or More Races, 0.212% American Indian or Alaska Native, and 0.0481% 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 46.5% White, 15.9% Hispanic or Latino, and 9.78% 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, 359 students (3.45%) did not report their race.

Graduates

In 2023, 764 more women than men received degrees from Hofstra University. The most common race/ethnicity group of degree recipients at Hofstra University is white (1,718 degrees awarded). There were 4.62 times more white recipients than the next closest race/ethnicity group, asian (372 degrees).

The most common Professional Doctorate concentration at Hofstra University is Law (258 degrees awarded), followed by Medicine (93 degrees) and Audiology (7 degrees).

In 2023, the most specialized majors across all degree types at Hofstra University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (298 degrees awarded), Communications (206 degrees), and Education (359 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hofstra University are Elementary & middle school teachers (1,649,473 people), Secondary school teachers (557,249 people), Education administrators (344,006 people), Other managers (329,442 people), and Special education teachers (235,410 people).

The most specialized majors at Hofstra University in 2023 are Legal (298 degrees awarded), Communications (206 degrees), Education (359 degrees), Psychology (191 degrees), and History (27 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hofstra University are Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, Nuclear medicine technologists and medical dosimetrists, and Physicians

The most specialized majors at Hofstra University are Legal (298 degrees awarded), Communications (206 degrees), Education (359 degrees), Psychology (191 degrees), and History (27 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Hofstra University are Elementary & secondary schools (2,888,319 people), Colleges, universities & professional schools, including junior colleges (387,364 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (154,676 people), Legal services (135,810 people), and Computer Systems Design (118,178 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Hofstra University.

Most Common (2023)

General Psychology
112 degrees awarded
General Finance
61 degrees awarded
General Marketing & Marketing Management
58 degrees awarded

In 2023, the most common bachelors degree concentration at Hofstra University was General Psychology with 112 degrees awarded.

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

Sex Breakdown for Common Majors

1,153

Degrees Awarded to Men

in 2023

1,917

Degrees Awarded to Women

in 2023

In 2023, 1,153 degrees were awarded to men at Hofstra University, which is 0.601 times less than the number of degrees awarded to females (1,917).

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

Most Common Male Majors

In 2023, 125 degrees were awarded to men at Hofstra University in Law, which is 0.94 times less than the 133 female recipients with that same degree.

Most Common Female Majors

In 2023, 133 degrees were awarded to men at Hofstra University in Law, which is 1.06 times more than the 125 male recipients with that same degree.

Time to Complete

60%

100% Completion Time

70%

150% Completion Time

In 2023, 60% of students graduating from Hofstra University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 70% completed their degrees within 150% of the normal time, and 70% 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Hofstra University is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 1.56% of graduates (17 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
1,718 degrees awarded
Asian
372 degrees awarded
Hispanic or Latino
347 degrees awarded

The most common race/ethnicity at Hofstra University is white (1,718 degrees awarded). There were 4.62 times more white recipients than the next closest race/ethnicity group, asian (372 degrees).

3.39% of degree recipients (104 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
1,075 degrees awarded
White Male
643 degrees awarded
Asian Female
228 degrees awarded

The most common race/ethnicity and sex grouping at Hofstra University is white female (1,075 degrees awarded). There were 1.67 times more white female recipients than the next closest race/ethnicity group, white male (643 degrees).

Operations

Hofstra University has an endowment valued at nearly $798M, as of the end of the 2023 fiscal year. The return on its endowment was of 83M (10.4%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Hofstra University had a total salary expenditure of 412M. Hofstra University employs 206 Professors, 155 Associate professors and 113 Assistant professors. Most academics at Hofstra University are Male Professor (120), Male Associate professor (92), and Female Professor (86).

The most common positions for non-instructional staff at Hofstra University are: Management, with 230 employees, Service, with 197 employees, and Office and Administrative Support with 167 employees.

Endowment

$798M

2023 Endowment

6.4%

growth from 2022

Hofstra University has an endowment valued at about $798M, as of the end of the 2023 fiscal year. The endowment of Hofstra University grew 6.4% from the previous year. The value of their endowment was $364M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Hofstra University (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: Moderate Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$5.72M - Federal
$27.6M - State
$128k - Local

As of 2023, Hofstra University received $5.72M in grants and contracts from the federal government, $27.6M from state grants and contracts, and $128k from local grants and contracts.

Salary Expenditure

$190M

2023 Salaries

6.02%

growth from 2022

In 2023, Hofstra University paid a median of $190M in salaries, which represents 46.3% of their overall expenditure ($412M) and a 6.02% growth from the previous year. This is compared to a 5.19% growth between 2021 and 2022, and a 5.29% decline between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$62.9M

Instructional Salaries

478

Number of Employees

In 2023, Hofstra University paid a total of $62.9M to 478 employees working as instructors, which represents 33% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

206 Employees

Management

Most Common Non-Instructional Employee

230 Employees

In 2023, the most common positions for instructional staff at Hofstra University were Professor with 206 employees, Associate professor with 155 employees, and Assistant professor with 113 employees.

In 2023, the most common positions for non-instructional staff at Hofstra University were Management with 230 employees, Service with 197 employees, and Office and Administrative Support with 167 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Male Associate professor
Female Professor

In 2023, the most common demographic for instructional staff at Hofstra University was Male Professor with 120 employees, Male Associate professor with 92 employees, and Female Professor with 86 employees.

This chart shows the sex split between each academic rank present at Hofstra University.

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