Drexel University

Doctoral Universities

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2016 Undergraduate Tuition

$48,660

16.6% growth from 2015

2016 Average Net Price

$39,021

After Financial Aid

2015 Student Loan

3.02%

Default Rate

2016 Acceptance Rate

74.6%

28,532 Applicants

2016 Enrolled Students

24,232

73.4% Full-Time

2016 Graduation Rate

69.8%

1,881 Graduates

About

Costs

Admissions

Enrollment

Graduates

Operations

About

Drexel University is a higher education institution located in Philadelphia County, PA. In 2016, the most popular Bachelor's Degree concentrations at Drexel University were Registered Nursing (659 degrees awarded), General Finance (229 degrees), and Mechanical Engineering (220 degrees).

In 2016, 7,549 degrees were awarded across all undergraduate and graduate programs at Drexel University. 56.1% of these degrees were awarded to women, and 43.9% awarded men. The majority of degree recipients were white (4,235 degrees), 4.9 times more than then the next closest race/ethnicity group, asian (865 degrees).

The median undergraduate tuition at Drexel University is $48,660, which is $22,804 more than the national average for Doctoral Universities ($25,856).

Photo by Tom Ipri

Doctoral Universities: Higher Research ActivityDoctoral Universities

Costs

The median undergraduate tuition at Drexel University is $48,660, which is $22,804 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $39,021.

In 2016, 78% of undergraduate students received federal grants, while 54% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$48,660

2016 Undergraduate Tuition

In 2016, the cost of tuition at Drexel University was $48,660. The cost of tuition at Drexel University is $22,804 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

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Average Net Price

$39,021

2016 Value

3.92%

1 Year Growth

In 2016 Drexel University had an average net price — the price paid after factoring in grants and loans — of $39,021. Between 2015 and 2016, the average net price of Drexel University grew by 3.92%.

This chart compares the average net price of Drexel 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

$14,730

Room and Board

$2,113

Books and Supplies

The average yearly cost of room and board at Drexel University was of $14,730 in 2016. During the same period, the average yearly cost of books and supplies was $2,113. The cost of room and board increased by 2.53% between 2015 and 2016. The cost of books and supplies increased by 2.92% during the same period.

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Financial Aid

Financial Aid by Income Level

78%

Of Undergraduates Receive Grants

54%

Of Undergraduates Receive Federal Loans

78% of undergraduate students at Drexel University received grants or loans in 2016. This represents a decline of 2.5% with respect to 2015, when 80% of undergraduate students received financial aid.

This chart compares the average award discount at Drexel 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.

3.02%

2015 Default Rate

174

Number of Defaults

In 2015 the default rate for borrower's at Drexel University was 3.02%, which represents 174 out of the 5766 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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Admissions

Drexel University received 28,532 undergraduate applications in 2016, which represents a 0.782% annual decline. Out of those 28,532 applicants, 21,298 students were accepted for enrollment, representing a 74.6% acceptance rate.

There were 24,232 students enrolled at Drexel University in 2016, and 75% of first-time enrollees submitted SAT scores with their applications.

Drexel University has an overall enrollment yield of 10.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.6%

Acceptance Rate in 2016

21,298

Accepted Out of 28,532

In 2016, the undergraduate acceptance rate of Drexel University was 74.6% (21,298 admissions from 28,532 applications). This is lower than the acceptance rate of 2015, which was 74.7%. Between 2015 and 2016, the number of applicants declined by -0.782%, while admissions declined by -0.912%.

This chart compares the acceptance rate of Drexel University (in red) with that of other similar universities.

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SAT Scores

75%

Submission Percentage

1,739

Scores Submitted

75% of enrolled first-time students at Drexel University in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Drexel University has a total enrollment of 24,232 students. The full-time enrollment at Drexel University is 17,785 students and the part-time enrollment is 6,447. This means that 73.4% of students enrolled at Drexel University are enrolled full-time.

The enrolled student population at Drexel University, both undergraduate and graduate, is 52.5% White, 12.7% Asian, 8.13% Black or African American, 5.58% Hispanic or Latino, 2.99% Two or More Races, 0.425% Native Hawaiian or Other Pacific Islanders, and 0.149% American Indian or Alaska Native.

Students enrolled at Drexel University in full-time Undergraduate programs are majority White Male (30.4%), followed by White Female (21.4%) and Asian Male (8.4%). Students enrolled in full-time Graduate programs are majority White Female (25.2%), followed by White Male (19.5%) and Asian Female (7.14%).

Full-Time vs Part-Time Enrollment

73.4%

Full-Time Enrollment

The total enrollment at Drexel University, both undergraduate and graduate, is 24,232 students. The full-time enrollment at Drexel University is 17,785 and the part-time enrollment is 6,447. This means that 73.4% of students enrolled at Drexel University are enrolled full-time compared with 78.1% at similar Doctoral Universities.

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

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Retention Rate over Time

89%

2016 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 Drexel University was 89%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Drexel University had a retention rate higher than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    12,716

  2. Asian

    3,072

  3. Black or African American

    1,970

The enrolled student population at Drexel University is 52.5% White, 12.7% Asian, 8.13% Black or African American, 5.58% Hispanic or Latino, 2.99% Two or More Races, 0.425% Native Hawaiian or Other Pacific Islanders, and 0.149% 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 Doctoral Universities is 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 1,137 students (4.69%) did not report their race.

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Graduates

In 2016, 927 more women than men received degrees from Drexel University. The majority of degree recipients at Drexel University are white (4,235 degrees awarded). There were 4.9 times more white graduates than the next closest race/ethnicity group, asian (865 degrees).

The most common Bachelor's Degree concentration at Drexel University is Registered Nursing (659 degrees awarded), followed by General Finance (229 degrees) and Mechanical Engineering (220 degrees).

The most specialized majors across all degree types at Drexel University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Library Science (121 degrees awarded), Engineering (1,261 degrees), and Legal (234 degrees).

Workforce

Common Jobs by Major

Miscellaneous managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Drexel University are Miscellaneous managers (525,690 people), Physicians & surgeons (421,870 people), Software developers, applications & systems software (374,239 people), Miscellaneous engineers, including nuclear engineers (305,271 people), and Postsecondary teachers (239,786 people).

The most specialized majors at Drexel University are Library Science (121 degrees awarded), Engineering (1,261 degrees), Legal (234 degrees), Biology (441 degrees), and Visual & Performing Arts (361 degrees).

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Highest Paying Jobs by Major

Economists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Drexel University are Economists, Physicians & surgeons, Sales representatives, wholesale & manufacturing, Dentists, and Chief executives & legislators

The most specialized majors at Drexel University are Library Science (121 degrees awarded), Engineering (1,261 degrees), Legal (234 degrees), Biology (441 degrees), and Visual & Performing Arts (361 degrees).

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Common Industries by Major

Hospitals

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Drexel University are Hospitals (545,708 people), Colleges, universities & professional schools, including junior colleges (463,066 people), Computer Systems Design (453,516 people), Architectural, engineering & related services (442,655 people), and Elementary & secondary schools (359,933 people).

The most specialized majors at Drexel University are Library Science (121 degrees awarded), Engineering (1,261 degrees), Legal (234 degrees), Biology (441 degrees), and Visual & Performing Arts (361 degrees).

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Degrees

Majors Awarded

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

Most Common

  1. Registered Nursing

    659 degrees awarded

  2. General Finance

    229 degrees awarded

  3. Mechanical Engineering

    220 degrees awarded

In 2016, the most common bachelors degree concentration at Drexel University was Registered Nursing with 659 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Drexel University according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 3,311

  2. 4,238

In 2016, 3,311 degrees were awarded to men at Drexel University, which is 0.781 times less than the number of degrees awarded to females (4,238).

This chart displays the gender disparity between the top 5 majors at Drexel University by degrees awarded.

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Most Common Male Majors

In 2016, 243 degrees were awarded to men at Drexel University in Mechanical Engineering, which is 6.75 times more than the 36 female recipients with that same degree.

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Most Common Female Majors

In 2016, 890 degrees were awarded to women at Drexel University in Registered Nursing, which is 7.48 times more than the 119 male recipients with that same degree.

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Time to Complete

24%

100% Completion Time

67%

150% Completion Time

In 2016, 24% of students graduating from Drexel University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 67% completed their degrees within 150% of the normal time, and 68% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Drexel University is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 2.02% of graduates (38 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    4,235 degrees awarded

  2. Asian

    865 degrees awarded

  3. Black or African American

    576 degrees awarded

The most common race/ethnicity at Drexel University is white (4,235 degrees awarded). There were 4.9 times more white recipients than the next closest race/ethnicity group, asian (865 degrees).

4.07% of degree recipients (307 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    2,341 degrees awarded

  2. White Male

    1,894 degrees awarded

  3. Asian Female

    493 degrees awarded

The most common race/ethnicity and gender grouping at Drexel University is white female (2,341 degrees awarded). There were 1.24 times more white female recipients than the next closest race/ethnicity group, white male (1,894 degrees).

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Operations

Drexel University has an endowment valued at nearly $668M, as of the end of the 2015 fiscal year. The return on its endowment was of $9.51M (1.42%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Drexel University had a total expenditure of $991M. Of that $991M, they spent $498M on salaries and $991M on benefits.

Drexel University employs 540 Instructors, 237 Professors, and 237 Associate professors. Most academics at Drexel University are Female Instructors (297), Male Instructors(243), and Male Professors (183).

The most common positions for non-instructional staff at Drexel University are: Business and Financial Operations, with 460 employees, Management, with 429 employees, and Service with 356 employees.

Finances

Endowment

$668M

2015 Endowment

1.25%

growth from 2014

Drexel University has an endowment valued at about $668M, as of the end of the 2015 fiscal year. The endowment of Drexel University grew 1.25% from the previous year. The value of their endowment was $397M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

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Government Grants and Contracts

Grants & Contracts

  1. $81.3M - Federal

  2. $4.93M - State

  3. $1.56M - Local

As of 2015, Drexel University received $81.3M in grants and contracts from the federal government, $4.93M from state grants and contracts, and $1.56M from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$498M

Salary Expenditure

$991M

Benefits Expenditure

In 2015, Drexel University had a total expenditure of $991M. Of that $991M, they spent $498M on salaries and $991M on benefits.

The bar chart shows the share of the primary expenses at Drexel University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Drexel University as a share of total expenditure.

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Salary Expenditure

$498M

2015 Salaries

7.15%

growth from 2014

In 2015, Drexel University paid a median of $498M in salaries, which represents 50.2% of their overall expenditure ($991M) and a 7.15% growth from the previous year. This is compared to a 4.53% growth from 2013 and a 5.66% growth from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$124M

Instructional Salaries

1,176

Number of Employees

In 2015, Drexel University paid a total of $124M to 1,176 employees working as instructors, which represents 24.9% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

540 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

460 Employees

In 2016, the most common positions for instructional staff at Drexel University were Instructor with 540 employees; Professor with 237 employees; and Professor with 237 employees.

In 2016, the most common positions for non-instructional staff at Drexel University were Business and Financial Operations with 460 employees; Management with 429 employees; and Service with 356 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Female Instructor

  2. Male Instructor

  3. Male Professor

In 2016, the most common demographic for instructional staff at Drexel University was Female Instructor with 297 employees, Male Instructor with 243 employees, and Male Professor with 183 employees.

This chart shows the gender split between each academic rank present at Drexel University.

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