Thomas Edison State University

www.tesu.edu/

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2021 Undergraduate Tuition

$7,182

2019 Student Loan

1.55%

Default Rate

2021 Enrolled Students

9,721

0.823% Full-Time

About

Thomas Edison State University is a higher education institution located in Mercer County, NJ. In 2021, the most popular Bachelors Degree concentrations at Thomas Edison State University were Liberal Arts & Sciences (447 degrees awarded), Other Multidisciplinary Studies (435 degrees), and General Business Administration & Management (202 degrees).

In 2021, 2,587 degrees were awarded across all undergraduate and graduate programs at Thomas Edison State University. 43.1% of these degrees were awarded to women, and 56.9% awarded men. The most common race/ethnicity group of degree recipients was white (1,295 degrees), 4.64 times more than then the next closest race/ethnicity group, hispanic or latino (279 degrees).

The median undergraduate tuition at Thomas Edison State University is $7,182, which is $−16,002 less than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at Thomas Edison State University is $7,182, which is $−16,002 less than the national average for Masters Colleges and Universities ($23,184).

In 2021, 22% 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

$7,182

2021 Undergraduate Tuition

In 2021, the cost of tuition at Thomas Edison State University was $7,182. The cost of tuition at Thomas Edison State University is $−16,002 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

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.

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 2021. The cost of room and board did not change between 2020 and 2021.

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.

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

Financial Aid by Income Level

22%

Undergraduates Receiving Financial Aid through Grants

23%

Undergraduates Receiving Financial Aid through Loans

22% of undergraduate students at Thomas Edison State University received financial aid through grants or loans in 2021. This represents a growth of 10% with respect to 2020, when 20% 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.

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.

1.55%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Thomas Edison State University was 1.55%, which represents 23 out of the 1485 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.

Enrollment

Thomas Edison State University had a total enrollment of 9,721 students in 2021. The full-time enrollment at Thomas Edison State University is 80 students and the part-time enrollment is 9,641. This means that 0.823% 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 48.6% White, 14.8% Black or African American, 13.1% Hispanic or Latino, 4.29% Asian, 3.7% Two or More Races, 0.432% American Indian or Alaska Native, and 0.381% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Thomas Edison State University in full-time Undergraduate programs are most commonly White Female (40.8%), followed by White Male (17.1%) and Asian Female (9.21%). Students enrolled in full-time Graduate programs are most commonly White Female (50%), followed by Black or African American Female (25%) and Hispanic or Latino Female (25%).

Full-Time vs Part-Time Enrollment

0.823%

Full-Time Enrollment

The total enrollment at Thomas Edison State University in 2021, both undergraduate and graduate, is 9,721 students. The full-time enrollment at Thomas Edison State University is 80 and the part-time enrollment is 9,641. This means that 0.823% of students enrolled at Thomas Edison State University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Thomas Edison State University (in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
4,729 enrolled students
Black or African American
1,441 enrolled students
Hispanic or Latino
1,272 enrolled students

The enrolled student population at Thomas Edison State University is 48.6% White, 14.8% Black or African American, 13.1% Hispanic or Latino, 4.29% Asian, 3.7% Two or More Races, 0.432% American Indian or Alaska Native, and 0.381% 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 Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% 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, 1,350 students (13.9%) did not report their race.

Graduates

In 2021, 355 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 (1,295 degrees awarded). There were 4.64 times more white recipients than the next closest race/ethnicity group, hispanic or latino (279 degrees).

The most common Bachelor's Degree concentration at Thomas Edison State University is Liberal Arts & Sciences (447 degrees awarded), followed by Other Multidisciplinary Studies (435 degrees) and General Business Administration & Management (202 degrees).

In 2021, 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 (59 degrees awarded), Interdisciplinary Studies (696 degrees), and Liberal Arts & Humanities (660 degrees).

Common Jobs by Major

Accountants & auditors

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 Accountants & auditors (1,097,764 people), Other managers (894,104 people), Financial managers (546,389 people), Lawyers, & judges, magistrates, & other judicial workers (464,142 people), and Chief executives & legislators (462,331 people).

The most specialized majors at Thomas Edison State University in 2021 are Applied Sciences (59 degrees awarded), Interdisciplinary Studies (696 degrees), Liberal Arts & Humanities (660 degrees), Social Sciences (172 degrees), and Engineering Technologies (64 degrees) (as of 2021).

Highest Paying Jobs by Major

Surgeons

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, Broadcast announcers and radio disc jockeys, Securities, commodities, & financial services sales agents, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at Thomas Edison State University are Applied Sciences (59 degrees awarded), Interdisciplinary Studies (696 degrees), Liberal Arts & Humanities (660 degrees), Social Sciences (172 degrees), and Engineering Technologies (64 degrees) (as of 2021).

Common Industries by Major

Elementary & secondary schools

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 (857,967 people), Computer Systems Design (655,480 people), Banking & related activities (584,322 people), Colleges, universities & professional schools, including junior colleges (572,472 people), and Securities, commodities, funds, trusts & other financial investments (513,750 people).

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 (2021)

Liberal Arts & Sciences
447 degree-majors awarded
Other Multidisciplinary Studies
435 degree-majors awarded
General Business Administration & Management
202 degree-majors awarded

In 2021, the most common bachelors degree concentration at Thomas Edison State University was Liberal Arts & Sciences with 447 degrees awarded.

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

Sex Breakdown for Common Majors

1,471

Degrees Awarded to Men

in 2021

1,116

Degrees Awarded to Women

in 2021

In 2021, 1,471 degrees were awarded to men at Thomas Edison State University, which is 1.32 times more than the number of degrees awarded to females (1,116).

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

Most Common Male Majors

In 2021, 462 degrees were awarded to men at Thomas Edison State University in Other Multidisciplinary Studies, which is 5.5 times more than the 84 female recipients with that same degree.

Most Common Female Majors

In 2021, 305 degrees were awarded to men at Thomas Edison State University in Liberal Arts & Sciences, which is 1.21 times more than the 252 male recipients with that same degree.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
1,295 degrees awarded
Hispanic or Latino
279 degrees awarded
Black or African American
269 degrees awarded

The most common race/ethnicity at Thomas Edison State University is white (1,295 degrees awarded). There were 4.64 times more white recipients than the next closest race/ethnicity group, hispanic or latino (279 degrees).

18.4% of degree recipients (477 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
799 degrees awarded
White Female
496 degrees awarded
Hispanic or Latino Male
151 degrees awarded

The most common race/ethnicity and sex grouping at Thomas Edison State University is white male (799 degrees awarded). There were 1.61 times more white male recipients than the next closest race/ethnicity group, white female (496 degrees).

Operations

Thomas Edison State University has an endowment valued at nearly $10.9M, as of the end of the 2021 fiscal year. The return on its endowment was of 409k (3.75%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Thomas Edison State University had a total salary expenditure of 74.5M.

The most common positions for non-instructional staff at Thomas Edison State University are: Management, with 98 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 80 employees, and Office and Administrative Support with 47 employees.

Endowment

$10.9M

2021 Endowment

9.13%

growth from 2020

Thomas Edison State University has an endowment valued at about $10.9M, as of the end of the 2021 fiscal year. The endowment of Thomas Edison State University grew 9.13% from the previous year. The value of their endowment was $39.5M 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.

Salary Expenditure

$28.4M

2021 Salaries

0.219%

growth from 2020

In 2021, Thomas Edison State University paid a median of $28.4M in salaries, which represents 38.1% of their overall expenditure ($74.5M) and a 0.219% growth from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Occupations by Share

Management

Most Common Non-Instructional Employee

98 Employees

In 2021, the most common positions for non-instructional staff at Thomas Edison State University were Management with 98 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 80 employees, and Office and Administrative Support with 47 employees.