Thomas Edison State University

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2023 Undergraduate Tuition
$6,638
9.96% growth from 2022
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
7,587
1.27% Full-Time

About

Thomas Edison State University is a higher education institution located in Mercer County, NJ. In 2023, the most popular Bachelors Degree concentrations at Thomas Edison State University were Other Multidisciplinary Studies (414 degrees awarded), Liberal Arts & Sciences (290 degrees), and General Business Administration & Management (111 degrees).

In 2023, 2,026 degrees were awarded across all undergraduate and graduate programs at Thomas Edison State University. 44.5% of these degrees were awarded to women, and 55.5% awarded men. The most common race/ethnicity group of degree recipients was white (984 degrees), 3.54 times more than then the next closest race/ethnicity group, black or african american (278 degrees).

The median undergraduate tuition at Thomas Edison State University is $6,638, which is $−17,937 less than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at Thomas Edison State University was 0%, corresponding to 0 out of the 1,461 total borrowers.

Costs

In 2023, the median undergraduate tuition at Thomas Edison State University is $6,638, which is $17,937 less than the national average for Masters Colleges and Universities ($24,575).

In 2023, 26% of undergraduate students attending Thomas Edison State University received financial aid through grants. Comparatively, 23% of undergraduate students received financial aid through loans.

Tuition Costs

$6,638
2023 Undergraduate Tuition

In 2023, the cost of tuition at Thomas Edison State University was $6,638. The cost of tuition at Thomas Edison State University is $−17,937 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

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Average Net Price

This chart compares the average net price of Thomas Edison State 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.

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Other Student Expenses

$5,103
Room and Board
$1,700
Books and Supplies

The average yearly cost of room and board at Thomas Edison State University was of $5,103 in 2023. The cost of room and board did not change between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,700. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

26%
Undergraduates Receiving Financial Aid through Grants
23%
Undergraduates Receiving Financial Aid through Loans

26% of undergraduate students at Thomas Edison State University received financial aid through grants or loans in 2023. This represents a decline of 10.3% with respect to 2022, when 29% of undergraduate students received financial aid.

This chart compares the average award discount at Thomas Edison State 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.

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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%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Thomas Edison State University was 0%, which represents 0 out of the 1461 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.

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Enrollment

Thomas Edison State University had a total enrollment of 7,587 students in 2023. The full-time enrollment at Thomas Edison State University is 96 students and the part-time enrollment is 7,491. This means that 1.27% of students enrolled at Thomas Edison State University are enrolled full-time.

The enrolled student population at Thomas Edison State University, both undergraduate and graduate, is 45.7% White, 15.1% Black or African American, 14.7% Hispanic or Latino, 4.68% Asian, 4.22% Two or More Races, 0.422% Native Hawaiian or Other Pacific Islanders, and 0.343% American Indian or Alaska Native.

Students enrolled at Thomas Edison State University in full-time Undergraduate programs are most commonly White Female (29.4%), followed by Black or African American Female (17.2%) and Hispanic or Latino Female (12.3%). Students enrolled in full-time Graduate programs are most commonly White Female (31.3%), followed by Black or African American Male (18.8%) and Two or More Races Female (12.5%).

Full-Time vs Part-Time Enrollment

1.27%
Full-Time Enrollment

The total enrollment at Thomas Edison State University in 2023, both undergraduate and graduate, is 7,587 students. The full-time enrollment at Thomas Edison State University is 96 and the part-time enrollment is 7,491. This means that 1.27% of students enrolled at Thomas Edison State University are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    3,467 enrolled students
  2. Black or African American
    1,142 enrolled students
  3. Hispanic or Latino
    1,117 enrolled students

The enrolled student population at Thomas Edison State University is 45.7% White, 15.1% Black or African American, 14.7% Hispanic or Latino, 4.68% Asian, 4.22% Two or More Races, 0.422% Native Hawaiian or Other Pacific Islanders, and 0.343% 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, 1,052 students (13.9%) did not report their race.

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Graduates

In 2023, 224 fewer women than men received degrees from Thomas Edison State University. The most common race/ethnicity group of degree recipients at Thomas Edison State University is white (984 degrees awarded). There were 3.54 times more white recipients than the next closest race/ethnicity group, black or african american (278 degrees).

The most common Bachelor's Degree concentration at Thomas Edison State University is Other Multidisciplinary Studies (414 degrees awarded), followed by Liberal Arts & Sciences (290 degrees) and General Business Administration & Management (111 degrees).

In 2023,  the most specialized majors across all degree types at Thomas Edison State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Applied Sciences (49 degrees awarded), Interdisciplinary Studies (617 degrees), and Liberal Arts & Humanities (422 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Thomas Edison State University are Other managers (167,043 people), Elementary & middle school teachers (148,835 people), Police officers (144,032 people), Software developers (118,945 people), and Secondary school teachers (94,239 people).

The most specialized majors at Thomas Edison State University in 2023 are Applied Sciences (49 degrees awarded), Interdisciplinary Studies (617 degrees), Liberal Arts & Humanities (422 degrees), Engineering Technologies (55 degrees), and Math & Statistics (28 degrees) (as of 2023).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Thomas Edison State University are Surgeons, Cardiovascular technologists and technicians, Physicians, Skincare specialists, and Photographic process workers & processing machine operators

The most specialized majors at Thomas Edison State University are Applied Sciences (49 degrees awarded), Interdisciplinary Studies (617 degrees), Liberal Arts & Humanities (422 degrees), Engineering Technologies (55 degrees), and Math & Statistics (28 degrees) (as of 2023).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Thomas Edison State University are Elementary & secondary schools (703,393 people), Computer Systems Design (580,466 people), Banking & related activities (503,137 people), Justice, public order, & safety activities (501,888 people), and Construction (443,531 people).

The most specialized majors at Thomas Edison State University are Applied Sciences (49 degrees awarded), Interdisciplinary Studies (617 degrees), Liberal Arts & Humanities (422 degrees), Engineering Technologies (55 degrees), and Math & Statistics (28 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Thomas Edison State University.
Most Common (2023)
  1. 414 degrees awarded
  2. 290 degrees awarded
  3. 111 degrees awarded

In 2023, the most common bachelors degree concentration at Thomas Edison State University was Other Multidisciplinary Studies with 414 degrees awarded.

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

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Sex Breakdown for Common Majors

1,125
Degrees Awarded to Men
in 2023
901
Degrees Awarded to Women
in 2023

In 2023, 1,125 degrees were awarded to men at Thomas Edison State University, which is 1.25 times more than the number of degrees awarded to females (901).

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

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Most Common Male Majors

In 2023, 422 degrees were awarded to men at Thomas Edison State University in Other Multidisciplinary Studies, which is 4.44 times more than the 95 female recipients with that same degree.

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Most Common Female Majors

In 2023, 225 degrees were awarded to men at Thomas Edison State University in Liberal Arts & Sciences, which is 1.67 times more than the 135 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    984 degrees awarded
  2. Black or African American
    278 degrees awarded
  3. Hispanic or Latino
    234 degrees awarded

The most common race/ethnicity at Thomas Edison State University is white (984 degrees awarded). There were 3.54 times more white recipients than the next closest race/ethnicity group, black or african american (278 degrees).

17.8% of degree recipients (361 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    580 degrees awarded
  2. White Female
    404 degrees awarded
  3. Black or African American Male
    145 degrees awarded

The most common race/ethnicity and sex grouping at Thomas Edison State University is white male (580 degrees awarded). There were 1.44 times more white male recipients than the next closest race/ethnicity group, white female (404 degrees).

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Operations

Thomas Edison State University has an endowment valued at nearly $10.9M, as of the end of the 2023 fiscal year. The return on its endowment was of 783k (7.15%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, Thomas Edison State University had a total salary expenditure of 70.4M.

The most common positions for non-instructional staff at Thomas Edison State University are: Management, with 101 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 72 employees, and Office and Administrative Support with 44 employees.

Endowment

$10.9M
2023 Endowment
16.4%
decline from 2022

Thomas Edison State University has an endowment valued at about $10.9M, as of the end of the 2023 fiscal year. The endowment of Thomas Edison State University declined 16.4% from the previous year. The value of their endowment was $38.8M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Thomas Edison State 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: Medium Programs Carnegie Classification grouping.

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Salary Expenditure

$30.1M
2023 Salaries
2.82%
growth from 2022

In 2023, Thomas Edison State University paid a median of $30.1M in salaries, which represents 42.8% of their overall expenditure ($70.4M) and a 2.82% growth from the previous year. This is compared to a 3.25% growth between 2021 and 2022, and a 0.219% growth between 2020 and 2021.

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

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Occupations by Share

Management
Most Common Non-Instructional Employee
101 Employees

In 2023, the most common positions for non-instructional staff at Thomas Edison State University were Management with 101 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 72 employees, and Office and Administrative Support with 44 employees.

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