Carnegie Mellon University

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2023 Undergraduate Tuition
$62,260
4% growth from 2022
2023 Average Net Price
$32,964
After Financial Aid
2020 Default Rate
0.083%
on Student Loans
2023 Acceptance Rate
11.4%
33,707 Applicants
2023 Enrolled Students
15,596
93.1% Full-Time
2023 Graduation Rate
92.5%
1,546 Graduates

About

Carnegie Mellon University is a higher education institution located in Allegheny County, PA. In 2023, the most popular Masters Degree concentrations at Carnegie Mellon University were Information Technology (847 degrees awarded), Electrical & Electronics Engineering (446 degrees), and Management Science (337 degrees).

In 2023, 6,586 degrees were awarded across all undergraduate and graduate programs at Carnegie Mellon University. 43.2% of these degrees were awarded to women, and 56.8% awarded men. The most common race/ethnicity group of degree recipients was asian (1,094 degrees), 1.01 times more than then the next closest race/ethnicity group, white (1,078 degrees).

The median undergraduate tuition at Carnegie Mellon University is $62,260, which is $31,257 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Carnegie Mellon University was 0.083%, corresponding to 1 out of the 1,205 total borrowers.

About the photo: View of CMU and the Carnegie Museums from the Cathedral of Learning. You can see the entire main campus of Carnegie Mellon (top), the Carnegie Museums, and the Carnegie Library of Pittsburgh (bottom).

Costs

In 2023, the median undergraduate tuition at Carnegie Mellon University is $62,260, which is $31,257 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $32,964.

In 2023, 48% of undergraduate students attending Carnegie Mellon University received financial aid through grants. Comparatively, 36% of undergraduate students received financial aid through loans.

Tuition Costs

$62,260
2023 Undergraduate Tuition

In 2023, the cost of tuition at Carnegie Mellon University was $62,260. The cost of tuition at Carnegie Mellon University is $31,257 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

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Average Net Price

$32,964
2023 Value
1.6%
1 Year Growth

In 2023 Carnegie Mellon University had an average net price — the price paid after factoring in grants and loans — of $32,964. Between 2022 and 2023, the average net price of Carnegie Mellon University grew by 1.6%.

This chart compares the average net price of Carnegie Mellon 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

$15,891
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at Carnegie Mellon University was of $15,891 in 2023. The cost of room and board increased by 4.24% 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.

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Financial Aid by Income Level

48%
Undergraduates Receiving Financial Aid through Grants
36%
Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at Carnegie Mellon University received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 48% of undergraduate students received financial aid.

This chart compares the average award discount at Carnegie Mellon 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.
0.083%
2020 Default Rate
1
Number of Defaults

In 2020 the default rate for borrower's at Carnegie Mellon University was 0.083%, which represents 1 out of the 1205 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

Carnegie Mellon University received 33,707 undergraduate applications in 2023, which represents a 1.62% annual growth. Out of those 33,707 applicants, 3,843 students were accepted for enrollment, representing a 11.4% acceptance rate.

There were 15,596 students enrolled at Carnegie Mellon University in 2023. 51% of first-time enrollees submitted SAT scores with their applications.

Carnegie Mellon University has an overall enrollment yield of 44.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

11.4%
Acceptance Rate in 2023
3,843
Accepted Out of 33,707

In 2023, the undergraduate acceptance rate of Carnegie Mellon University was 11.4% (3,843 admissions from 33,707 applications). This is higher than the acceptance rate of 2022, which was 11.3%. Between 2022 and 2023, the number of applicants declined by 1.62%, while admissions declined by 0.775%.

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

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SAT Scores

51%
Submission Percentage (2023)
878
Scores Submitted (2023)

51% of enrolled first-time students at Carnegie Mellon 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.

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Enrollment

Carnegie Mellon University had a total enrollment of 15,596 students in 2023. The full-time enrollment at Carnegie Mellon University is 14,517 students and the part-time enrollment is 1,079. This means that 93.1% of students enrolled at Carnegie Mellon University are enrolled full-time.

The enrolled student population at Carnegie Mellon University, both undergraduate and graduate, is 21% Asian, 18.3% White, 6.55% Hispanic or Latino, 3.33% Two or More Races, 3.06% Black or African American, 0.0641% American Indian or Alaska Native, and 0.0321% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Carnegie Mellon University in full-time Undergraduate programs are most commonly Asian Female (19%), followed by Asian Male (14.4%) and White Male (11.3%). Students enrolled in full-time Graduate programs are most commonly White Male (8.87%), followed by Asian Male (5.13%) and White Female (5.02%).

Full-Time vs Part-Time Enrollment

93.1%
Full-Time Enrollment

The total enrollment at Carnegie Mellon University in 2023, both undergraduate and graduate, is 15,596 students. The full-time enrollment at Carnegie Mellon University is 14,517 and the part-time enrollment is 1,079. This means that 93.1% of students enrolled at Carnegie Mellon 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 Carnegie Mellon University (in red) compares to similar universities.

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Retention Rate over Time

97%
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 Carnegie Mellon University was 97%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Carnegie Mellon University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Asian
    3,273 enrolled students
  2. White
    2,860 enrolled students
  3. Hispanic or Latino
    1,022 enrolled students

The enrolled student population at Carnegie Mellon University is 21% Asian, 18.3% White, 6.55% Hispanic or Latino, 3.33% Two or More Races, 3.06% Black or African American, 0.0641% American Indian or Alaska Native, and 0.0321% 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, 817 students (5.24%) did not report their race.

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Graduates

In 2023, 902 fewer women than men received degrees from Carnegie Mellon University. The most common race/ethnicity group of degree recipients at Carnegie Mellon University is asian (1,094 degrees awarded). There were 1.01 times more asian recipients than the next closest race/ethnicity group, white (1,078 degrees).

The most common Masters Degree concentration at Carnegie Mellon University is Information Technology (847 degrees awarded), followed by Electrical & Electronics Engineering (446 degrees) and Management Science (337 degrees).

In 2023,  the most specialized majors across all degree types at Carnegie Mellon University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,855 degrees awarded), Math & Statistics (432 degrees), and Computer and Information Sciences and Support Services (2,130 degrees).

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 Carnegie Mellon University are Software developers (1,120,768 people), Other managers (487,986 people), Miscellaneous engineers, including nuclear engineers (415,298 people), Civil engineers (313,034 people), and Postsecondary teachers (226,803 people).

The most specialized majors at Carnegie Mellon University in 2023 are Engineering (1,855 degrees awarded), Math & Statistics (432 degrees), Computer and Information Sciences and Support Services (2,130 degrees), Physical Sciences (190 degrees), and Architecture and Related Services (72 degrees) (as of 2023).

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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 Carnegie Mellon University are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Cardiovascular technologists and technicians

The most specialized majors at Carnegie Mellon University are Engineering (1,855 degrees awarded), Math & Statistics (432 degrees), Computer and Information Sciences and Support Services (2,130 degrees), Physical Sciences (190 degrees), and Architecture and Related Services (72 degrees) (as of 2023).

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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 Carnegie Mellon University are Computer Systems Design (1,111,828 people), Architectural, engineering & related services (508,764 people), Colleges, universities & professional schools, including junior colleges (469,675 people), Elementary & secondary schools (367,268 people), and Construction (349,612 people).

The most specialized majors at Carnegie Mellon University are Engineering (1,855 degrees awarded), Math & Statistics (432 degrees), Computer and Information Sciences and Support Services (2,130 degrees), Physical Sciences (190 degrees), and Architecture and Related Services (72 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Carnegie Mellon University.
Most Common (2023)
  1. 847 degrees awarded
  2. 446 degrees awarded
  3. 337 degrees awarded

In 2023, the most common masters degree concentration at Carnegie Mellon University was Information Technology with 847 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Carnegie Mellon University according to their major.

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Sex Breakdown for Common Majors

3,744
Degrees Awarded to Men
in 2023
2,842
Degrees Awarded to Women
in 2023

In 2023, 3,744 degrees were awarded to men at Carnegie Mellon University, which is 1.32 times more than the number of degrees awarded to females (2,842).

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

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Most Common Male Majors

In 2023, 462 degrees were awarded to men at Carnegie Mellon University in Electrical & Electronics Engineering, which is 2.55 times more than the 181 female recipients with that same degree.

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Most Common Female Majors

In 2023, 474 degrees were awarded to men at Carnegie Mellon University in Information Technology, which is 1.06 times more than the 448 male recipients with that same degree.

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Time to Complete

79%
100% Completion Time
93%
150% Completion Time

In 2023, 79% of students graduating from Carnegie Mellon University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 93% completed their degrees within 150% of the normal time, and 94% 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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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Hispanic or Latino Female
Highest Graduation Rate (96.7%)

The student demographic with the highest graduation rate in 2023 at Carnegie Mellon University is Female and Hispanic or Latino (96.7% 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, 6.79% of graduates (105 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Asian
    1,094 degrees awarded
  2. White
    1,078 degrees awarded
  3. Hispanic or Latino
    269 degrees awarded

The most common race/ethnicity at Carnegie Mellon University is asian (1,094 degrees awarded). There were 1.01 times more asian recipients than the next closest race/ethnicity group, white (1,078 degrees).

4.87% of degree recipients (321 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    649 degrees awarded
  2. Asian Female
    589 degrees awarded
  3. Asian Male
    505 degrees awarded

The most common race/ethnicity and sex grouping at Carnegie Mellon University is white male (649 degrees awarded). There were 1.1 times more white male recipients than the next closest race/ethnicity group, asian female (589 degrees).

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Operations

Carnegie Mellon University has an endowment valued at nearly $3.12B, as of the end of the 2023 fiscal year. The return on its endowment was of 168M (5.39%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Carnegie Mellon University had a total salary expenditure of 1.48B. Carnegie Mellon University employs 429 Professors, 371 No academic ranks and 296 Assistant professors. Most academics at Carnegie Mellon University are Male Professor (328), Male No academic rank (232), and Male Associate professor (194).

The most common positions for non-instructional staff at Carnegie Mellon University are: Computer, Engineering, and Science, with 1,306 employees, Business and Financial Operations, with 934 employees, and Office and Administrative Support with 496 employees.

Endowment

$3.12B
2023 Endowment
2.83%
growth from 2022

Carnegie Mellon University has an endowment valued at about $3.12B, as of the end of the 2023 fiscal year. The endowment of Carnegie Mellon University grew 2.83% from the previous year. The value of their endowment was $2.68B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Carnegie Mellon 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: Highest Research Activity Carnegie Classification grouping.

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Salary Expenditure

$789M
2023 Salaries
6.75%
growth from 2022

In 2023, Carnegie Mellon University paid a median of $789M in salaries, which represents 53.4% of their overall expenditure ($1.48B) and a 6.75% growth from the previous year. This is compared to a 6.2% growth between 2021 and 2022, and a 1.36% decline between 2020 and 2021.

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

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Instructional Salaries

$185M
Instructional Salaries
1,385
Number of Employees

In 2023, Carnegie Mellon University paid a total of $185M to 1,385 employees working as instructors, which represents 23.4% of all salaries paid.

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

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Occupations by Share

Professor
Most Common Instructor
429 Employees
Computer, Engineering, and Science
Most Common Non-Instructional Employee
1,306 Employees

In 2023, the most common positions for instructional staff at Carnegie Mellon University were Professor with 429 employees, No academic rank with 371 employees, and Assistant professor with 296 employees.

In 2023, the most common positions for non-instructional staff at Carnegie Mellon University were Computer, Engineering, and Science with 1,306 employees, Business and Financial Operations with 934 employees, and Office and Administrative Support with 496 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Male No academic rank
  3. Male Associate professor

In 2023, the most common demographic for instructional staff at Carnegie Mellon University was Male Professor with 328 employees, Male No academic rank with 232 employees, and Male Associate professor with 194 employees.

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

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