Stanford University

www.stanford.edu

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2023 Undergraduate Tuition

$61,731

7% growth from 2022

2023 Average Net Price

$17,998

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

3.91%

53,733 Applicants

2023 Enrolled Students

18,446

93.3% Full-Time

2023 Graduation Rate

92.8%

1,578 Graduates

About

Stanford University is a higher education institution located in Santa Clara County, CA. In 2023, the most popular Masters Degree concentrations at Stanford University were Management Science (493 degrees awarded), Computer Science (383 degrees), and General Civil Engineering (212 degrees).

In 2023, 5,239 degrees were awarded across all undergraduate and graduate programs at Stanford University. 47.3% of these degrees were awarded to women, and 52.7% awarded men. The most common race/ethnicity group of degree recipients was white (1,587 degrees), 1.62 times more than then the next closest race/ethnicity group, asian (981 degrees).

The median undergraduate tuition at Stanford University is $61,731, which is $30,728 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Stanford University was 0%, corresponding to 0 out of the 753 total borrowers.

Photo by Allie_Caulfield

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Stanford University is $61,731, which is $30,728 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $17,998.

In 2023, 60% of undergraduate students attending Stanford University received financial aid through grants. Comparatively, 6% of undergraduate students received financial aid through loans.

Tuition Costs

$61,731

2023 Undergraduate Tuition

In 2023, the cost of tuition at Stanford University was $61,731. The cost of tuition at Stanford University is $30,728 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

Average Net Price

$17,998

2023 Value

1.54%

1 Year Growth

In 2023 Stanford University had an average net price — the price paid after factoring in grants and loans — of $17,998. Between 2022 and 2023, the average net price of Stanford University grew by 1.54%.

This chart compares the average net price of Stanford 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

$18,619

Room and Board

$1,350

Books and Supplies

The average yearly cost of room and board at Stanford University was of $18,619 in 2023. The cost of room and board increased by 4.25% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,350. The cost of books and supplies increased by 3.45% during the same period.

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

Financial Aid by Income Level

60%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

60% of undergraduate students at Stanford University received financial aid through grants or loans in 2023. This represents a decline of 4.76% with respect to 2022, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Stanford 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 Stanford University was 0%, which represents 0 out of the 753 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

Stanford University received 53,733 undergraduate applications in 2023, which represents a 4.69% annual growth. Out of those 53,733 applicants, 2,099 students were accepted for enrollment, representing a 3.91% acceptance rate.

There were 18,446 students enrolled at Stanford University in 2023. 47% of first-time enrollees submitted SAT scores with their applications.

Stanford University has an overall enrollment yield of 80.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

3.91%

Acceptance Rate in 2023

2,099

Accepted Out of 53,733

In 2023, the undergraduate acceptance rate of Stanford University was 3.91% (2,099 admissions from 53,733 applications). This is higher than the acceptance rate of 2022, which was 3.68%. Between 2022 and 2023, the number of applicants declined by 4.69%, while admissions grew by 1.16%.

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

SAT Scores

47%

Submission Percentage (2023)

802

Scores Submitted (2023)

47% of enrolled first-time students at Stanford 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

Stanford University had a total enrollment of 18,446 students in 2023. The full-time enrollment at Stanford University is 17,212 students and the part-time enrollment is 1,234. This means that 93.3% of students enrolled at Stanford University are enrolled full-time.

The enrolled student population at Stanford University, both undergraduate and graduate, is 24.8% White, 21.7% Asian, 12.8% Hispanic or Latino, 6.72% Two or More Races, 5.76% Black or African American, 0.434% American Indian or Alaska Native, and 0.146% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Stanford University in full-time Undergraduate programs are most commonly Asian Female (13.9%), followed by Asian Male (13%) and White Female (12.5%). Students enrolled in full-time Graduate programs are most commonly White Male (15.1%), followed by White Female (12.6%) and Asian Male (8.66%).

Full-Time vs Part-Time Enrollment

93.3%

Full-Time Enrollment

The total enrollment at Stanford University in 2023, both undergraduate and graduate, is 18,446 students. The full-time enrollment at Stanford University is 17,212 and the part-time enrollment is 1,234. This means that 93.3% of students enrolled at Stanford 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 Stanford University (in red) compares to similar universities.

Retention Rate over Time

98%

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 Stanford University was 98%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Stanford University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
4,583 enrolled students
Asian
3,997 enrolled students
Hispanic or Latino
2,355 enrolled students

The enrolled student population at Stanford University is 24.8% White, 21.7% Asian, 12.8% Hispanic or Latino, 6.72% Two or More Races, 5.76% Black or African American, 0.434% American Indian or Alaska Native, and 0.146% 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, 465 students (2.52%) did not report their race.

Graduates

In 2023, 281 fewer women than men received degrees from Stanford University. The most common race/ethnicity group of degree recipients at Stanford University is white (1,587 degrees awarded). There were 1.62 times more white recipients than the next closest race/ethnicity group, asian (981 degrees).

The most common Masters Degree concentration at Stanford University is Management Science (493 degrees awarded), followed by Computer Science (383 degrees) and General Civil Engineering (212 degrees).

In 2023, the most specialized majors across all degree types at Stanford University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,183 degrees awarded), Physical Sciences (255 degrees), and Math & Statistics (246 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 Stanford University are Software developers (545,812 people), Other managers (383,555 people), Miscellaneous engineers, including nuclear engineers (382,836 people), Civil engineers (302,630 people), and Mechanical engineers (219,451 people).

The most specialized majors at Stanford University in 2023 are Engineering (1,183 degrees awarded), Physical Sciences (255 degrees), Math & Statistics (246 degrees), Cultural & Gender Studies (68 degrees), and Legal (279 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 Stanford University are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Cardiovascular technologists and technicians

The most specialized majors at Stanford University are Engineering (1,183 degrees awarded), Physical Sciences (255 degrees), Math & Statistics (246 degrees), Cultural & Gender Studies (68 degrees), and Legal (279 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 Stanford University are Computer Systems Design (1,080,699 people), Architectural, engineering & related services (498,577 people), Colleges, universities & professional schools, including junior colleges (433,119 people), Construction (332,881 people), and Elementary & secondary schools (276,893 people).

Majors Awarded

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

Most Common (2023)

Management Science
493 degrees awarded
Computer Science
383 degrees awarded
General Civil Engineering
212 degrees awarded

In 2023, the most common masters degree concentration at Stanford University was Management Science with 493 degrees awarded.

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

Sex Breakdown for Common Majors

2,760

Degrees Awarded to Men

in 2023

2,479

Degrees Awarded to Women

in 2023

In 2023, 2,760 degrees were awarded to men at Stanford University, which is 1.11 times more than the number of degrees awarded to females (2,479).

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

Most Common Male Majors

In 2023, 476 degrees were awarded to men at Stanford University in Computer Science, which is 1.88 times more than the 253 female recipients with that same degree.

Most Common Female Majors

In 2023, 253 degrees were awarded to men at Stanford University in Computer Science, which is 0.532 times less than the 476 male recipients with that same degree.

Time to Complete

77%

100% Completion Time

96%

150% Completion Time

In 2023, 77% of students graduating from Stanford University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 96% completed their degrees within 150% of the normal time, and 97% 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 (98.7%)

The student demographic with the highest graduation rate in 2023 at Stanford University is Female and Asian (98.7% 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, 0.38% of graduates (6 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
1,587 degrees awarded
Asian
981 degrees awarded
Hispanic or Latino
625 degrees awarded

The most common race/ethnicity at Stanford University is white (1,587 degrees awarded). There were 1.62 times more white recipients than the next closest race/ethnicity group, asian (981 degrees).

0.534% of degree recipients (28 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
857 degrees awarded
White Female
730 degrees awarded
Asian Female
507 degrees awarded

The most common race/ethnicity and sex grouping at Stanford University is white male (857 degrees awarded). There were 1.17 times more white male recipients than the next closest race/ethnicity group, white female (730 degrees).

Operations

Stanford University has an endowment valued at nearly $36.5B, as of the end of the 2023 fiscal year. The return on its endowment was of 1.58B (4.33%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Stanford University had a total salary expenditure of 7.66B. Stanford University employs 697 Professors, 339 Lecturers and 231 Associate professors. Most academics at Stanford University are Male Professor (537), Female Lecturer (200), and Female Professor (160).

The most common positions for non-instructional staff at Stanford University are: Business and Financial Operations, with 3,149 employees, Computer, Engineering, and Science, with 1,372 employees, and Management with 1,180 employees.

Endowment

$36.5B

2023 Endowment

0.43%

growth from 2022

Stanford University has an endowment valued at about $36.5B, as of the end of the 2023 fiscal year. The endowment of Stanford University grew 0.43% from the previous year. The value of their endowment was $36.1B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Stanford 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.

Salary Expenditure

$3.47B

2023 Salaries

11.4%

growth from 2022

In 2023, Stanford University paid a median of $3.47B in salaries, which represents 45.3% of their overall expenditure ($7.66B) and a 11.4% growth from the previous year. This is compared to a 9.45% growth between 2021 and 2022, and a 0.187% decline between 2020 and 2021.

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

Instructional Salaries

$341M

Instructional Salaries

1,554

Number of Employees

In 2023, Stanford University paid a total of $341M to 1,554 employees working as instructors, which represents 9.83% 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

697 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

3,149 Employees

In 2023, the most common positions for instructional staff at Stanford University were Professor with 697 employees, Lecturer with 339 employees, and Associate professor with 231 employees.

In 2023, the most common positions for non-instructional staff at Stanford University were Business and Financial Operations with 3,149 employees, Computer, Engineering, and Science with 1,372 employees, and Management with 1,180 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Female Lecturer
Female Professor

In 2023, the most common demographic for instructional staff at Stanford University was Male Professor with 537 employees, Female Lecturer with 200 employees, and Female Professor with 160 employees.

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

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