Rochester Institute of Technology

www.rit.edu

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2023 Undergraduate Tuition

$55,784

5.77% growth from 2022

2023 Average Net Price

$39,753

After Financial Aid

2020 Default Rate

0.0331%

on Student Loans

2023 Acceptance Rate

71.4%

24,269 Applicants

2023 Enrolled Students

16,863

89.9% Full-Time

2023 Graduation Rate

72.5%

1,890 Graduates

About

Rochester Institute of Technology is a higher education institution located in Monroe County, NY. In 2023, the most popular Bachelors Degree concentrations at Rochester Institute of Technology were Computer Science (195 degrees awarded), Mechanical Engineering (173 degrees), and Modeling, Virtual Environments, & Simulation (154 degrees).

In 2023, 3,737 degrees were awarded across all undergraduate and graduate programs at Rochester Institute of Technology. 37.3% of these degrees were awarded to women, and 62.7% awarded men. The most common race/ethnicity group of degree recipients was white (2,208 degrees), 6.63 times more than then the next closest race/ethnicity group, asian (333 degrees).

The median undergraduate tuition at Rochester Institute of Technology is $55,784, which is $24,781 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Rochester Institute of Technology was 0.0331%, corresponding to 1 out of the 3,023 total borrowers.

Photo by k2gxt

Doctoral Universities: Moderate Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Rochester Institute of Technology is $55,784, which is $24,781 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $39,753.

In 2023, 89% of undergraduate students attending Rochester Institute of Technology received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Tuition Costs

$55,784

2023 Undergraduate Tuition

In 2023, the cost of tuition at Rochester Institute of Technology was $55,784. The cost of tuition at Rochester Institute of Technology is $24,781 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

Average Net Price

$39,753

2023 Value

0.386%

1 Year Growth

In 2023 Rochester Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $39,753. Between 2022 and 2023, the average net price of Rochester Institute of Technology grew by 0.386%.

This chart compares the average net price of Rochester 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

$14,978

Room and Board

$1,100

Books and Supplies

The average yearly cost of room and board at Rochester Institute of Technology was of $14,978 in 2023. The cost of room and board increased by 3.78% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,100. The cost of books and supplies increased by 0.182% during the same period.

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

Financial Aid by Income Level

89%

Undergraduates Receiving Financial Aid through Grants

55%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at Rochester Institute of Technology received financial aid through grants or loans in 2023. This represents a growth of 17.1% with respect to 2022, when 76% of undergraduate students received financial aid.

This chart compares the average award discount at Rochester 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.

0.0331%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Rochester Institute of Technology was 0.0331%, which represents 1 out of the 3023 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

Rochester Institute of Technology received 24,269 undergraduate applications in 2023, which represents a 1.22% annual growth. Out of those 24,269 applicants, 17,328 students were accepted for enrollment, representing a 71.4% acceptance rate.

There were 16,863 students enrolled at Rochester Institute of Technology in 2023. 43% of first-time enrollees submitted SAT scores with their applications.

Rochester Institute of Technology has an overall enrollment yield of 17.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

71.4%

Acceptance Rate in 2023

17,328

Accepted Out of 24,269

In 2023, the undergraduate acceptance rate of Rochester Institute of Technology was 71.4% (17,328 admissions from 24,269 applications). This is higher than the acceptance rate of 2022, which was 67.2%. Between 2022 and 2023, the number of applicants grew by 1.22%, while admissions grew by 7.59%.

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

SAT Scores

43%

Submission Percentage (2023)

1,299

Scores Submitted (2023)

43% of enrolled first-time students at Rochester 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

Rochester Institute of Technology had a total enrollment of 16,863 students in 2023. The full-time enrollment at Rochester Institute of Technology is 15,159 students and the part-time enrollment is 1,704. This means that 89.9% of students enrolled at Rochester Institute of Technology are enrolled full-time.

The enrolled student population at Rochester Institute of Technology, both undergraduate and graduate, is 53.5% White, 10.6% Asian, 8.02% Hispanic or Latino, 4.78% Two or More Races, 4.59% Black or African American, 0.142% American Indian or Alaska Native, and 0.0356% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Rochester Institute of Technology in full-time Undergraduate programs are most commonly White Male (41.6%), followed by White Female (20.1%) and Asian Male (7.68%). Students enrolled in full-time Graduate programs are most commonly White Male (15.3%), followed by White Female (12.3%) and Asian Male (2.51%).

Full-Time vs Part-Time Enrollment

89.9%

Full-Time Enrollment

The total enrollment at Rochester Institute of Technology in 2023, both undergraduate and graduate, is 16,863 students. The full-time enrollment at Rochester Institute of Technology is 15,159 and the part-time enrollment is 1,704. This means that 89.9% of students enrolled at Rochester Institute of Technology are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Rochester Institute of Technology (in red) compares to similar universities.

Retention Rate over Time

88%

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 Rochester Institute of Technology was 88%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Rochester Institute of Technology had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
9,016 enrolled students
Asian
1,782 enrolled students
Hispanic or Latino
1,352 enrolled students

The enrolled student population at Rochester Institute of Technology is 53.5% White, 10.6% Asian, 8.02% Hispanic or Latino, 4.78% Two or More Races, 4.59% Black or African American, 0.142% American Indian or Alaska Native, and 0.0356% 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, 1,131 students (6.71%) did not report their race.

Graduates

In 2023, 949 fewer women than men received degrees from Rochester Institute of Technology. The most common race/ethnicity group of degree recipients at Rochester Institute of Technology is white (2,208 degrees awarded). There were 6.63 times more white recipients than the next closest race/ethnicity group, asian (333 degrees).

The most common Bachelor's Degree concentration at Rochester Institute of Technology is Computer Science (195 degrees awarded), followed by Mechanical Engineering (173 degrees) and Modeling, Virtual Environments, & Simulation (154 degrees).

In 2023, the most specialized majors across all degree types at Rochester Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (824 degrees awarded), Engineering Technologies (335 degrees), and Physical Sciences (145 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 Rochester Institute of Technology are Software developers (1,097,837 people), Other managers (470,090 people), Miscellaneous engineers, including nuclear engineers (423,458 people), Civil engineers (312,361 people), and Mechanical engineers (234,257 people).

The most specialized majors at Rochester Institute of Technology in 2023 are Engineering (824 degrees awarded), Engineering Technologies (335 degrees), Physical Sciences (145 degrees), Computer and Information Sciences and Support Services (825 degrees), and Communication Technologies (36 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 Rochester Institute of Technology are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Rochester Institute of Technology are Engineering (824 degrees awarded), Engineering Technologies (335 degrees), Physical Sciences (145 degrees), Computer and Information Sciences and Support Services (825 degrees), and Communication Technologies (36 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 Rochester Institute of Technology are Computer Systems Design (1,056,952 people), Architectural, engineering & related services (504,194 people), Colleges, universities & professional schools, including junior colleges (374,518 people), Construction (348,250 people), and Management, scientific & technical consulting services (226,791 people).

Majors Awarded

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

Most Common (2023)

Computer Science
195 degrees awarded
Mechanical Engineering
173 degrees awarded
Modeling, Virtual Environments, & Simulation
154 degrees awarded

In 2023, the most common bachelors degree concentration at Rochester Institute of Technology was Computer Science with 195 degrees awarded.

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

Sex Breakdown for Common Majors

2,343

Degrees Awarded to Men

in 2023

1,394

Degrees Awarded to Women

in 2023

In 2023, 2,343 degrees were awarded to men at Rochester Institute of Technology, which is 1.68 times more than the number of degrees awarded to females (1,394).

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

Most Common Male Majors

In 2023, 214 degrees were awarded to men at Rochester Institute of Technology in Computer Science, which is 3.4 times more than the 63 female recipients with that same degree.

Most Common Female Majors

In 2023, 68 degrees were awarded to men at Rochester Institute of Technology in Mechanical Engineering, which is 0.36 times less than the 189 male recipients with that same degree.

Time to Complete

25%

100% Completion Time

71%

150% Completion Time

In 2023, 25% of students graduating from Rochester Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 73% 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 (82.1%)

The student demographic with the highest graduation rate in 2023 at Rochester Institute of Technology is Female and Asian (82.1% 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, 0.794% of graduates (15 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
2,208 degrees awarded
Asian
333 degrees awarded
Hispanic or Latino
261 degrees awarded

The most common race/ethnicity at Rochester Institute of Technology is white (2,208 degrees awarded). There were 6.63 times more white recipients than the next closest race/ethnicity group, asian (333 degrees).

2.6% of degree recipients (97 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
1,396 degrees awarded
White Female
812 degrees awarded
Asian Male
192 degrees awarded

The most common race/ethnicity and sex grouping at Rochester Institute of Technology is white male (1,396 degrees awarded). There were 1.72 times more white male recipients than the next closest race/ethnicity group, white female (812 degrees).

Operations

Rochester Institute of Technology has an endowment valued at nearly $1.28B, as of the end of the 2023 fiscal year. The return on its endowment was of 73.5M (5.73%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Rochester Institute of Technology had a total salary expenditure of 669M. Rochester Institute of Technology employs 357 Lecturers, 267 Professors and 252 Associate professors. Most academics at Rochester Institute of Technology are Male Lecturer (197), Male Professor (182), and Male Associate professor (162).

The most common positions for non-instructional staff at Rochester Institute of Technology are: Management, with 453 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 439 employees, and Computer, Engineering, and Science with 425 employees.

Endowment

$1.28B

2023 Endowment

2.05%

growth from 2022

Rochester Institute of Technology has an endowment valued at about $1.28B, as of the end of the 2023 fiscal year. The endowment of Rochester Institute of Technology grew 2.05% from the previous year. The value of their endowment was $849M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

Salary Expenditure

$329M

2023 Salaries

7.87%

growth from 2022

In 2023, Rochester Institute of Technology paid a median of $329M in salaries, which represents 49.2% of their overall expenditure ($669M) and a 7.87% growth from the previous year. This is compared to a 5.57% growth between 2021 and 2022, and a 1.73% decline between 2020 and 2021.

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

Instructional Salaries

$108M

Instructional Salaries

1,057

Number of Employees

In 2023, Rochester Institute of Technology paid a total of $108M to 1,057 employees working as instructors, which represents 32.9% of all salaries paid.

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

Occupations by Share

Lecturer

Most Common Instructor

357 Employees

Management

Most Common Non-Instructional Employee

453 Employees

In 2023, the most common positions for instructional staff at Rochester Institute of Technology were Lecturer with 357 employees, Professor with 267 employees, and Associate professor with 252 employees.

In 2023, the most common positions for non-instructional staff at Rochester Institute of Technology were Management with 453 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 439 employees, and Computer, Engineering, and Science with 425 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Lecturer
Male Professor
Male Associate professor

In 2023, the most common demographic for instructional staff at Rochester Institute of Technology was Male Lecturer with 197 employees, Male Professor with 182 employees, and Male Associate professor with 162 employees.

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

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