Iona University

www.iona.edu

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2023 Undergraduate Tuition

$43,680

3.68% growth from 2022

2023 Average Net Price

$28,557

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

91.1%

7,289 Applicants

2023 Enrolled Students

3,720

83% Full-Time

2023 Graduation Rate

57.4%

494 Graduates

About

Iona University is a higher education institution located in Westchester County, NY. In 2023, the most popular Masters Degree concentrations at Iona University were General Business Administration & Management (96 degrees awarded), Audiology & Speech-Language Pathology (29 degrees), and General Special Education & Teaching (19 degrees).

In 2023, 908 degrees were awarded across all undergraduate and graduate programs at Iona University. 56.8% of these degrees were awarded to women, and 43.2% awarded men. The most common race/ethnicity group of degree recipients was white (470 degrees), 2.44 times more than then the next closest race/ethnicity group, hispanic or latino (193 degrees).

The median undergraduate tuition at Iona University is $43,680, which is $19,105 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Iona University was 0%, corresponding to 0 out of the 903 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at Iona University is $43,680, which is $19,105 more than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $28,557.

In 2023, 85% of undergraduate students attending Iona University received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Tuition Costs

$43,680

2023 Undergraduate Tuition

In 2023, the cost of tuition at Iona University was $43,680. The cost of tuition at Iona University is $19,105 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$28,557

2023 Value

0.937%

1 Year Growth

In 2023 Iona University had an average net price — the price paid after factoring in grants and loans — of $28,557. Between 2022 and 2023, the average net price of Iona University grew by 0.937%.

This chart compares the average net price of Iona 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

$17,740

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Iona University was of $17,740 in 2023. The cost of room and board increased by 4.61% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

85%

Undergraduates Receiving Financial Aid through Grants

43%

Undergraduates Receiving Financial Aid through Loans

85% of undergraduate students at Iona University received financial aid through grants or loans in 2023. This represents a decline of 1.16% with respect to 2022, when 86% of undergraduate students received financial aid.

This chart compares the average award discount at Iona 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 Iona University was 0%, which represents 0 out of the 903 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

Iona University received 7,289 undergraduate applications in 2023, which represents a 17% annual growth. Out of those 7,289 applicants, 6,643 students were accepted for enrollment, representing a 91.1% acceptance rate.

There were 3,720 students enrolled at Iona University in 2023. 9% of first-time enrollees submitted SAT scores with their applications.

Iona University has an overall enrollment yield of 12.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

91.1%

Acceptance Rate in 2023

6,643

Accepted Out of 7,289

In 2023, the undergraduate acceptance rate of Iona University was 91.1% (6,643 admissions from 7,289 applications). This is lower than the acceptance rate of 2022, which was 96.4%. Between 2022 and 2023, the number of applicants grew by 17%, while admissions grew by 10.6%.

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

SAT Scores

Submission Percentage (2023)

Scores Submitted (2023)

9% of enrolled first-time students at Iona 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

Iona University had a total enrollment of 3,720 students in 2023. The full-time enrollment at Iona University is 3,087 students and the part-time enrollment is 633. This means that 83% of students enrolled at Iona University are enrolled full-time.

The enrolled student population at Iona University, both undergraduate and graduate, is 51.8% White, 27% Hispanic or Latino, 8.66% Black or African American, 2.77% Two or More Races, 2.77% Asian, 0.242% Native Hawaiian or Other Pacific Islanders, and 0.0806% American Indian or Alaska Native.

Students enrolled at Iona University in full-time Undergraduate programs are most commonly White Female (26.1%), followed by White Male (23.2%) and Hispanic or Latino Female (16.4%). Students enrolled in full-time Graduate programs are most commonly White Female (40.7%), followed by White Male (14.7%) and Hispanic or Latino Female (13.7%).

Full-Time vs Part-Time Enrollment

83%

Full-Time Enrollment

The total enrollment at Iona University in 2023, both undergraduate and graduate, is 3,720 students. The full-time enrollment at Iona University is 3,087 and the part-time enrollment is 633. This means that 83% of students enrolled at Iona University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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

Retention Rate over Time

80%

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 Iona University was 80%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Iona University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,928 enrolled students
Hispanic or Latino
1,003 enrolled students
Black or African American
322 enrolled students

The enrolled student population at Iona University is 51.8% White, 27% Hispanic or Latino, 8.66% Black or African American, 2.77% Two or More Races, 2.77% Asian, 0.242% Native Hawaiian or Other Pacific Islanders, and 0.0806% 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 50.1% White, 17.7% Hispanic or Latino, and 13.4% 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, 152 students (4.09%) did not report their race.

Graduates

In 2023, 124 more women than men received degrees from Iona University. The most common race/ethnicity group of degree recipients at Iona University is white (470 degrees awarded). There were 2.44 times more white recipients than the next closest race/ethnicity group, hispanic or latino (193 degrees).

The most common Masters Degree concentration at Iona University is General Business Administration & Management (96 degrees awarded), followed by Audiology & Speech-Language Pathology (29 degrees) and General Special Education & Teaching (19 degrees).

In 2023, the most specialized majors across all degree types at Iona University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communications (75 degrees awarded), Protective Services (58 degrees), and Philosophy and Religious Studies (8 degrees).

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Iona University are Accountants & auditors (1,045,744 people), Other managers (917,313 people), Financial managers (553,007 people), Chief executives & legislators (464,161 people), and Elementary & middle school teachers (330,931 people).

The most specialized majors at Iona University in 2023 are Communications (75 degrees awarded), Protective Services (58 degrees), Philosophy and Religious Studies (8 degrees), Business (332 degrees), and English (19 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

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

The most specialized majors at Iona University are Communications (75 degrees awarded), Protective Services (58 degrees), Philosophy and Religious Studies (8 degrees), Business (332 degrees), and English (19 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 Iona University are Elementary & secondary schools (983,891 people), Colleges, universities & professional schools, including junior colleges (596,312 people), Computer Systems Design (593,406 people), Justice, public order, & safety activities (568,869 people), and Banking & related activities (525,362 people).

Majors Awarded

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

Most Common (2023)

General Marketing & Marketing Management
69 degrees awarded
General Psychology
55 degrees awarded
Mass Communication & Media Studies
54 degrees awarded

In 2023, the most common bachelors degree concentration at Iona University was General Marketing & Marketing Management with 69 degrees awarded.

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

Sex Breakdown for Common Majors

392

Degrees Awarded to Men

in 2023

516

Degrees Awarded to Women

in 2023

In 2023, 392 degrees were awarded to men at Iona University, which is 0.76 times less than the number of degrees awarded to females (516).

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

Most Common Male Majors

In 2023, 85 degrees were awarded to men at Iona University in General Business Administration & Management, which is 1.44 times more than the 59 female recipients with that same degree.

Most Common Female Majors

In 2023, 59 degrees were awarded to men at Iona University in General Business Administration & Management, which is 0.694 times less than the 85 male recipients with that same degree.

Time to Complete

51%

100% Completion Time

62%

150% Completion Time

In 2023, 51% of students graduating from Iona University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 62% completed their degrees within 150% of the normal time, and 63% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and 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 (87.5%)

The student demographic with the highest graduation rate in 2023 at Iona University is Female and Asian (87.5% graduation rate). Across all Masters Colleges and 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, 2.43% of graduates (12 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
470 degrees awarded
Hispanic or Latino
193 degrees awarded
Black or African American
102 degrees awarded

The most common race/ethnicity at Iona University is white (470 degrees awarded). There were 2.44 times more white recipients than the next closest race/ethnicity group, hispanic or latino (193 degrees).

3.74% of degree recipients (34 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
262 degrees awarded
White Male
208 degrees awarded
Hispanic or Latino Female
118 degrees awarded

The most common race/ethnicity and sex grouping at Iona University is white female (262 degrees awarded). There were 1.26 times more white female recipients than the next closest race/ethnicity group, white male (208 degrees).

Operations

Iona University has an endowment valued at nearly $208M, as of the end of the 2023 fiscal year. The return on its endowment was of 14.7M (7.07%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Iona University had a total salary expenditure of 120M. Iona University employs 66 Associate professors, 38 Professors and 27 Lecturers. Most academics at Iona University are Female Associate professor (38), Male Professor (29), and Male Associate professor (28).

The most common positions for non-instructional staff at Iona University are: Service, with 89 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 76 employees, and Management with 58 employees.

Endowment

$208M

2023 Endowment

8.02%

growth from 2022

Iona University has an endowment valued at about $208M, as of the end of the 2023 fiscal year. The endowment of Iona University grew 8.02% from the previous year. The value of their endowment was $158M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Iona 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: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$53.5M

2023 Salaries

2.79%

growth from 2022

In 2023, Iona University paid a median of $53.5M in salaries, which represents 44.4% of their overall expenditure ($120M) and a 2.79% growth from the previous year. This is compared to a 10.2% growth between 2021 and 2022, and a 2.14% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$15.4M

Instructional Salaries

162

Number of Employees

In 2023, Iona University paid a total of $15.4M to 162 employees working as instructors, which represents 28.7% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

66 Employees

Service

Most Common Non-Instructional Employee

89 Employees

In 2023, the most common positions for instructional staff at Iona University were Associate professor with 66 employees, Professor with 38 employees, and Lecturer with 27 employees.

In 2023, the most common positions for non-instructional staff at Iona University were Service with 89 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 76 employees, and Management with 58 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Associate professor
Male Professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Iona University was Female Associate professor with 38 employees, Male Professor with 29 employees, and Male Associate professor with 28 employees.

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

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