New York Institute of Technology

www.nyit.edu

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2023 Undergraduate Tuition

$41,960

5.01% growth from 2022

2023 Average Net Price

$23,074

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

78.1%

11,249 Applicants

2023 Enrolled Students

6,757

90.1% Full-Time

2023 Graduation Rate

55.9%

474 Graduates

About

New York Institute of Technology is a higher education institution located in Nassau County, NY. In 2023, the most popular Professional Doctorate concentrations at New York Institute of Technology were Osteopathic Medicine/Osteopathy (405 degrees awarded), Physical Therapy (34 degrees), and Occupational Therapy (27 degrees).

In 2023, 1,783 degrees were awarded across all undergraduate and graduate programs at New York Institute of Technology. 50.3% of these degrees were awarded to women, and 49.7% awarded men. The most common race/ethnicity group of degree recipients was white (590 degrees), 1.5 times more than then the next closest race/ethnicity group, asian (393 degrees).

The median undergraduate tuition at New York Institute of Technology is $41,960, which is $17,385 more than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at New York Institute of Technology was 0%, corresponding to 0 out of the 1,284 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at New York Institute of Technology is $41,960, which is $17,385 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 $23,074.

In 2023, 90% of undergraduate students attending New York Institute of Technology received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Tuition Costs

$41,960

2023 Undergraduate Tuition

In 2023, the cost of tuition at New York Institute of Technology was $41,960. The cost of tuition at New York Institute of Technology is $17,385 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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

Average Net Price

$23,074

2023 Value

2.58%

1 Year Growth

In 2023 New York Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $23,074. Between 2022 and 2023, the average net price of New York Institute of Technology grew by 2.58%.

This chart compares the average net price of New York 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

$16,875

Room and Board

$1,380

Books and Supplies

The average yearly cost of room and board at New York Institute of Technology was of $16,875 in 2023. The cost of room and board increased by 2.12% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,380. The cost of books and supplies increased by 28.7% during the same period.

This chart compares the average student costs at New York Institute of Technology (in red) with that of similar universities.

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

46%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at New York Institute of Technology received financial aid through grants or loans in 2023. This represents a decline of 2.17% with respect to 2022, when 92% of undergraduate students received financial aid.

This chart compares the average award discount at New York 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at New York Institute of Technology was 0%, which represents 0 out of the 1284 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

New York Institute of Technology received 11,249 undergraduate applications in 2023, which represents a 2.5% annual growth. Out of those 11,249 applicants, 8,783 students were accepted for enrollment, representing a 78.1% acceptance rate.

There were 6,757 students enrolled at New York Institute of Technology in 2023. 23% of first-time enrollees submitted SAT scores with their applications.

New York Institute of Technology has an overall enrollment yield of 10.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

78.1%

Acceptance Rate in 2023

8,783

Accepted Out of 11,249

In 2023, the undergraduate acceptance rate of New York Institute of Technology was 78.1% (8,783 admissions from 11,249 applications). This is higher than the acceptance rate of 2022, which was 75.7%. Between 2022 and 2023, the number of applicants declined by 2.5%, while admissions grew by 0.538%.

This chart compares the acceptance rate of New York Institute of Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

23%

Submission Percentage (2023)

201

Scores Submitted (2023)

23% of enrolled first-time students at New York Institute of Technology 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

New York Institute of Technology had a total enrollment of 6,757 students in 2023. The full-time enrollment at New York Institute of Technology is 6,086 students and the part-time enrollment is 671. This means that 90.1% of students enrolled at New York Institute of Technology are enrolled full-time.

The enrolled student population at New York Institute of Technology, both undergraduate and graduate, is 26.8% White, 25.9% Asian, 14.6% Hispanic or Latino, 8.04% Black or African American, 2.99% Two or More Races, 0.266% Native Hawaiian or Other Pacific Islanders, and 0.222% American Indian or Alaska Native.

Students enrolled at New York Institute of Technology in full-time Undergraduate programs are most commonly Asian Male (16.5%), followed by Hispanic or Latino Male (13.9%) and White Male (13.3%). Students enrolled in full-time Graduate programs are most commonly White Female (18.2%), followed by White Male (16.2%) and Asian Female (13.4%).

Full-Time vs Part-Time Enrollment

90.1%

Full-Time Enrollment

The total enrollment at New York Institute of Technology in 2023, both undergraduate and graduate, is 6,757 students. The full-time enrollment at New York Institute of Technology is 6,086 and the part-time enrollment is 671. This means that 90.1% of students enrolled at New York Institute of Technology 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 New York Institute of Technology (in red) compares to similar universities.

Retention Rate over Time

79%

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 New York Institute of Technology was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), New York Institute of Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at New York Institute of Technology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,811 enrolled students
Asian
1,752 enrolled students
Hispanic or Latino
986 enrolled students

The enrolled student population at New York Institute of Technology is 26.8% White, 25.9% Asian, 14.6% Hispanic or Latino, 8.04% Black or African American, 2.99% Two or More Races, 0.266% Native Hawaiian or Other Pacific Islanders, and 0.222% 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, 310 students (4.59%) did not report their race.

Graduates

In 2023, 11 more women than men received degrees from New York Institute of Technology. The most common race/ethnicity group of degree recipients at New York Institute of Technology is white (590 degrees awarded). There were 1.5 times more white recipients than the next closest race/ethnicity group, asian (393 degrees).

The most common Professional Doctorate concentration at New York Institute of Technology is Osteopathic Medicine/Osteopathy (405 degrees awarded), followed by Physical Therapy (34 degrees) and Occupational Therapy (27 degrees).

In 2023, the most specialized majors across all degree types at New York Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (169 degrees awarded), Computer and Information Sciences and Support Services (321 degrees), and Biology (191 degrees).

Common Jobs by Major

Registered nurses

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New York Institute of Technology are Registered nurses (1,536,301 people), Software developers (653,779 people), Physicians (501,849 people), Other managers (315,241 people), and Medical & health services managers (203,715 people).

The most specialized majors at New York Institute of Technology in 2023 are Architecture and Related Services (169 degrees awarded), Computer and Information Sciences and Support Services (321 degrees), Biology (191 degrees), Engineering Technologies (63 degrees), and Health (612 degrees) (as of 2023).

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 New York Institute of Technology are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Architectural & engineering managers

The most specialized majors at New York Institute of Technology are Architecture and Related Services (169 degrees awarded), Computer and Information Sciences and Support Services (321 degrees), Biology (191 degrees), Engineering Technologies (63 degrees), and Health (612 degrees) (as of 2023).

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 New York Institute of Technology are Computer Systems Design (1,059,874 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (564,900 people), Architectural, engineering & related services (494,935 people), Colleges, universities & professional schools, including junior colleges (492,328 people), and Construction (360,025 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New York Institute of Technology.

Most Common (2023)

General Biological Sciences
158 degrees awarded
Architectural & Building Sciences & Technology
100 degrees awarded
Registered Nursing
62 degrees awarded

In 2023, the most common bachelors degree concentration at New York Institute of Technology was General Biological Sciences with 158 degrees awarded.

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

Sex Breakdown for Common Majors

886

Degrees Awarded to Men

in 2023

897

Degrees Awarded to Women

in 2023

In 2023, 886 degrees were awarded to men at New York Institute of Technology, which is 0.988 times less than the number of degrees awarded to females (897).

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

Most Common Male Majors

In 2023, 199 degrees were awarded to men at New York Institute of Technology in Osteopathic Medicine/Osteopathy, which is 0.966 times less than the 206 female recipients with that same degree.

Most Common Female Majors

In 2023, 206 degrees were awarded to men at New York Institute of Technology in Osteopathic Medicine/Osteopathy, which is 1.04 times more than the 199 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

56%

150% Completion Time

In 2023, 38% of students graduating from New York Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 56% completed their degrees within 150% of the normal time, and 56% 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at New York Institute of Technology is Male and American Indian or Alaska Native (100% 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, 2.32% of graduates (11 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
590 degrees awarded
Asian
393 degrees awarded
Hispanic or Latino
178 degrees awarded

The most common race/ethnicity at New York Institute of Technology is white (590 degrees awarded). There were 1.5 times more white recipients than the next closest race/ethnicity group, asian (393 degrees).

4.26% of degree recipients (76 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
299 degrees awarded
White Male
291 degrees awarded
Asian Female
211 degrees awarded

The most common race/ethnicity and sex grouping at New York Institute of Technology is white female (299 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (291 degrees).

Operations

New York Institute of Technology has an endowment valued at nearly $100M, as of the end of the 2023 fiscal year. The return on its endowment was of 4.38M (4.38%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, New York Institute of Technology had a total salary expenditure of 269M. New York Institute of Technology employs 108 Associate professors, 66 Assistant professors and 38 Professors. Most academics at New York Institute of Technology are Male Associate professor (57), Female Associate professor (51), and Male Assistant professor (36).

The most common positions for non-instructional staff at New York Institute of Technology are: Management, with 205 employees, Computer, Engineering, and Science, with 55 employees, and Service with 55 employees.

Endowment

$100M

2023 Endowment

27.9%

growth from 2022

New York Institute of Technology has an endowment valued at about $100M, as of the end of the 2023 fiscal year. The endowment of New York Institute of Technology grew 27.9% from the previous year. The value of their endowment was $50.4M 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 New York 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 Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$3.35M - Federal
$1.92M - State
$193k - Local

As of 2023, New York Institute of Technology received $3.35M in grants and contracts from the federal government, $1.92M from state grants and contracts, and $193k from local grants and contracts.

Salary Expenditure

$114M

2023 Salaries

6.82%

growth from 2022

In 2023, New York Institute of Technology paid a median of $114M in salaries, which represents 42.2% of their overall expenditure ($269M) and a 6.82% growth from the previous year. This is compared to a 3.28% decline between 2021 and 2022, and a 9.04% decline between 2020 and 2021.

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

Instructional Salaries

$25.1M

Instructional Salaries

213

Number of Employees

In 2023, New York Institute of Technology paid a total of $25.1M to 213 employees working as instructors, which represents 22.1% 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

108 Employees

Management

Most Common Non-Instructional Employee

205 Employees

In 2023, the most common positions for instructional staff at New York Institute of Technology were Associate professor with 108 employees, Assistant professor with 66 employees, and Professor with 38 employees.

In 2023, the most common positions for non-instructional staff at New York Institute of Technology were Management with 205 employees, Computer, Engineering, and Science with 55 employees, and Service with 55 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Female Associate professor
Male Assistant professor

In 2023, the most common demographic for instructional staff at New York Institute of Technology was Male Associate professor with 57 employees, Female Associate professor with 51 employees, and Male Assistant professor with 36 employees.

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

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