Stevens Institute of Technology

www.stevens.edu

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2023 Undergraduate Tuition

$58,680

4% growth from 2022

2023 Average Net Price

$43,665

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

43.4%

14,170 Applicants

2023 Enrolled Students

8,842

84.4% Full-Time

2023 Graduation Rate

89.9%

684 Graduates

About

Stevens Institute of Technology is a higher education institution located in Hudson County, NJ. In 2023, the most popular Masters Degree concentrations at Stevens Institute of Technology were Computer Science (728 degrees awarded), Information Technology (245 degrees), and Business Statistics (164 degrees).

In 2023, 3,680 degrees were awarded across all undergraduate and graduate programs at Stevens Institute of Technology. 28.3% of these degrees were awarded to women, and 71.7% awarded men. The most common race/ethnicity group of degree recipients was white (977 degrees), 2.75 times more than then the next closest race/ethnicity group, asian (355 degrees).

The median undergraduate tuition at Stevens Institute of Technology is $58,680, which is $27,677 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Stevens Institute of Technology was 0%, corresponding to 0 out of the 765 total borrowers.

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Stevens Institute of Technology is $58,680, which is $27,677 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $43,665.

In 2023, 96% of undergraduate students attending Stevens Institute of Technology received financial aid through grants. Comparatively, 55% of undergraduate students received financial aid through loans.

Tuition Costs

$58,680

2023 Undergraduate Tuition

In 2023, the cost of tuition at Stevens Institute of Technology was $58,680. The cost of tuition at Stevens Institute of Technology is $27,677 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

Average Net Price

$43,665

2023 Value

4.74%

1 Year Growth

In 2023 Stevens Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $43,665. Between 2022 and 2023, the average net price of Stevens Institute of Technology grew by 4.74%.

This chart compares the average net price of Stevens 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

$17,080

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Stevens Institute of Technology was of $17,080 in 2023. The cost of room and board increased by 2.89% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

55%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Stevens Institute of Technology received financial aid through grants or loans in 2023. This represents a growth of 0% with respect to 2022, when 96% of undergraduate students received financial aid.

This chart compares the average award discount at Stevens 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 Stevens Institute of Technology was 0%, which represents 0 out of the 765 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

Stevens Institute of Technology received 14,170 undergraduate applications in 2023, which represents a 13.4% annual growth. Out of those 14,170 applicants, 6,156 students were accepted for enrollment, representing a 43.4% acceptance rate.

There were 8,842 students enrolled at Stevens Institute of Technology in 2023. 40% of first-time enrollees submitted SAT scores with their applications.

Stevens Institute of Technology has an overall enrollment yield of 16.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

43.4%

Acceptance Rate in 2023

6,156

Accepted Out of 14,170

In 2023, the undergraduate acceptance rate of Stevens Institute of Technology was 43.4% (6,156 admissions from 14,170 applications). This is lower than the acceptance rate of 2022, which was 46.2%. Between 2022 and 2023, the number of applicants grew by 13.4%, while admissions grew by 6.54%.

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

SAT Scores

40%

Submission Percentage (2023)

411

Scores Submitted (2023)

40% of enrolled first-time students at Stevens 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

Stevens Institute of Technology had a total enrollment of 8,842 students in 2023. The full-time enrollment at Stevens Institute of Technology is 7,461 students and the part-time enrollment is 1,381. This means that 84.4% of students enrolled at Stevens Institute of Technology are enrolled full-time.

The enrolled student population at Stevens Institute of Technology, both undergraduate and graduate, is 27.5% White, 10.9% Asian, 9.7% Hispanic or Latino, 2.07% Two or More Races, 1.72% Black or African American, 0.102% American Indian or Alaska Native, and 0.0113% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Stevens Institute of Technology in full-time Undergraduate programs are most commonly White Male (33.5%), followed by White Female (16.3%) and Asian Male (12.7%). Students enrolled in full-time Graduate programs are most commonly White Male (3.45%), followed by White Female (1.78%) and Asian Male (0.96%).

Full-Time vs Part-Time Enrollment

84.4%

Full-Time Enrollment

The total enrollment at Stevens Institute of Technology in 2023, both undergraduate and graduate, is 8,842 students. The full-time enrollment at Stevens Institute of Technology is 7,461 and the part-time enrollment is 1,381. This means that 84.4% of students enrolled at Stevens 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 Stevens Institute of Technology (in red) compares to similar universities.

Retention Rate over Time

94%

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 Stevens Institute of Technology was 94%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Stevens Institute of Technology had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
2,432 enrolled students
Asian
964 enrolled students
Hispanic or Latino
858 enrolled students

The enrolled student population at Stevens Institute of Technology is 27.5% White, 10.9% Asian, 9.7% Hispanic or Latino, 2.07% Two or More Races, 1.72% Black or African American, 0.102% American Indian or Alaska Native, and 0.0113% 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, 1,018 students (11.5%) did not report their race.

Graduates

In 2023, 1,596 fewer women than men received degrees from Stevens Institute of Technology. The most common race/ethnicity group of degree recipients at Stevens Institute of Technology is white (977 degrees awarded). There were 2.75 times more white recipients than the next closest race/ethnicity group, asian (355 degrees).

The most common Masters Degree concentration at Stevens Institute of Technology is Computer Science (728 degrees awarded), followed by Information Technology (245 degrees) and Business Statistics (164 degrees).

In 2023, the most specialized majors across all degree types at Stevens Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,298 degrees awarded), Math & Statistics (213 degrees), and Computer and Information Sciences and Support Services (1,209 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 Stevens Institute of Technology are Software developers (1,149,232 people), Other managers (497,199 people), Miscellaneous engineers, including nuclear engineers (430,010 people), Civil engineers (314,662 people), and Mechanical engineers (235,711 people).

The most specialized majors at Stevens Institute of Technology in 2023 are Engineering (1,298 degrees awarded), Math & Statistics (213 degrees), Computer and Information Sciences and Support Services (1,209 degrees), Engineering Technologies (138 degrees), and Physical Sciences (52 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 Stevens Institute of Technology are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Stevens Institute of Technology are Engineering (1,298 degrees awarded), Math & Statistics (213 degrees), Computer and Information Sciences and Support Services (1,209 degrees), Engineering Technologies (138 degrees), and Physical Sciences (52 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 Stevens Institute of Technology are Computer Systems Design (1,117,805 people), Architectural, engineering & related services (513,221 people), Colleges, universities & professional schools, including junior colleges (440,766 people), Construction (356,429 people), and Elementary & secondary schools (283,782 people).

Majors Awarded

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

Most Common (2023)

Computer Science
728 degrees awarded
Information Technology
245 degrees awarded
Business Statistics
164 degrees awarded

In 2023, the most common masters degree concentration at Stevens Institute of Technology was Computer Science with 728 degrees awarded.

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

Sex Breakdown for Common Majors

2,638

Degrees Awarded to Men

in 2023

1,042

Degrees Awarded to Women

in 2023

In 2023, 2,638 degrees were awarded to men at Stevens Institute of Technology, which is 2.53 times more than the number of degrees awarded to females (1,042).

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

Most Common Male Majors

In 2023, 733 degrees were awarded to men at Stevens Institute of Technology in Computer Science, which is 3.72 times more than the 197 female recipients with that same degree.

Most Common Female Majors

In 2023, 197 degrees were awarded to men at Stevens Institute of Technology in Computer Science, which is 0.269 times less than the 733 male recipients with that same degree.

Time to Complete

63%

100% Completion Time

87%

150% Completion Time

In 2023, 63% of students graduating from Stevens Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% 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 (100%)

The student demographic with the highest graduation rate in 2023 at Stevens Institute of Technology is Female and Asian (100% 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, 3.95% of graduates (27 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
977 degrees awarded
Asian
355 degrees awarded
Hispanic or Latino
156 degrees awarded

The most common race/ethnicity at Stevens Institute of Technology is white (977 degrees awarded). There were 2.75 times more white recipients than the next closest race/ethnicity group, asian (355 degrees).

9.21% of degree recipients (339 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
691 degrees awarded
White Female
286 degrees awarded
Asian Male
236 degrees awarded

The most common race/ethnicity and sex grouping at Stevens Institute of Technology is white male (691 degrees awarded). There were 2.42 times more white male recipients than the next closest race/ethnicity group, white female (286 degrees).

Operations

Stevens Institute of Technology has an endowment valued at nearly $319M, as of the end of the 2023 fiscal year. The return on its endowment was of 25.6M (8.02%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Stevens Institute of Technology had a total salary expenditure of 352M. Stevens Institute of Technology employs 123 Assistant professors, 106 Associate professors and 79 Professors. Most academics at Stevens Institute of Technology are Male Associate professor (79), Male Assistant professor (73), and Male Professor (67).

The most common positions for non-instructional staff at Stevens Institute of Technology are: Management, with 297 employees, Office and Administrative Support, with 150 employees, and Business and Financial Operations with 81 employees.

Endowment

$319M

2023 Endowment

18.4%

growth from 2022

Stevens Institute of Technology has an endowment valued at about $319M, as of the end of the 2023 fiscal year. The endowment of Stevens Institute of Technology grew 18.4% from the previous year. The value of their endowment was $115M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Stevens 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: Higher Research Activity Carnegie Classification grouping.

Salary Expenditure

$156M

2023 Salaries

14.8%

growth from 2022

In 2023, Stevens Institute of Technology paid a median of $156M in salaries, which represents 44.3% of their overall expenditure ($352M) and a 14.8% growth from the previous year. This is compared to a 10.5% growth between 2021 and 2022, and a 2.29% decline between 2020 and 2021.

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

Instructional Salaries

$53.1M

Instructional Salaries

348

Number of Employees

In 2023, Stevens Institute of Technology paid a total of $53.1M to 348 employees working as instructors, which represents 34.1% of all salaries paid.

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

Occupations by Share

Assistant professor

Most Common Instructor

123 Employees

Management

Most Common Non-Instructional Employee

297 Employees

In 2023, the most common positions for instructional staff at Stevens Institute of Technology were Assistant professor with 123 employees, Associate professor with 106 employees, and Professor with 79 employees.

In 2023, the most common positions for non-instructional staff at Stevens Institute of Technology were Management with 297 employees, Office and Administrative Support with 150 employees, and Business and Financial Operations with 81 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Male Assistant professor
Male Professor

In 2023, the most common demographic for instructional staff at Stevens Institute of Technology was Male Associate professor with 79 employees, Male Assistant professor with 73 employees, and Male Professor with 67 employees.

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

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