Hofstra University

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2017 Undergraduate Tuition

$42,900

4.38% growth from 2016

2017 Average Net Price

$32,566

After Financial Aid

2016 Student Loan

2.46%

Default Rate

2017 Acceptance Rate

63.9%

26,808 Applicants

2017 Enrolled Students

11,131

85.3% Full-Time

2017 Graduation Rate

63.1%

1,046 Graduates

About

Hofstra University is a higher education institution located in Nassau County, NY. In 2016, the most popular Bachelor's Degree concentrations at Hofstra University were General Marketing & Marketing Management (115 degrees awarded), General Psychology (104 degrees), and Accounting (99 degrees).

In 2017, 3,143 degrees were awarded across all undergraduate and graduate programs at Hofstra University. 60.5% of these degrees were awarded to women, and 39.5% awarded men. The majority of degree recipients were white (1,763 degrees), 4.97 times more than then the next closest race/ethnicity group, hispanic or latino (355 degrees).

The median undergraduate tuition at Hofstra University is $42,900, which is $16,400 more than the national average for Doctoral Universities ($26,500).

Costs

The median undergraduate tuition at Hofstra University is $42,900, which is $16,400 more than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $32,566.

In 2017, 86% of undergraduate students received federal grants, while 50% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$42,900

2017 Undergraduate Tuition

In 2017, the cost of tuition at Hofstra University was $42,900. The cost of tuition at Hofstra University is $16,400 more than than the overall (public and private) national average for Doctoral Universities ($26,500).

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

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Average Net Price

$32,566

2017 Value

1.23%

1 Year Growth

In 2017 Hofstra University had an average net price — the price paid after factoring in grants and loans — of $32,566. Between 2016 and 2017, the average net price of Hofstra University grew by 1.23%.

This chart compares the average net price of Hofstra 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

$15,558

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Hofstra University was of $15,558 in 2017. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board decreased by 0.144% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

86%

Of Undergraduates Receive Grants

50%

Of Undergraduates Receive Federal Loans

86% of undergraduate students at Hofstra University received grants or loans in 2017. This represents a growth of 1.18% with respect to 2016, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at Hofstra 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.

2.46%

2016 Default Rate

59

Number of Defaults

In 2016 the default rate for borrower's at Hofstra University was 2.46%, which represents 59 out of the 2402 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

Hofstra University received 26,808 undergraduate applications in 2017, which represents a 6.32% annual decline. Out of those 26,808 applicants, 17,143 students were accepted for enrollment, representing a 63.9% acceptance rate.

There were 11,131 students enrolled at Hofstra University in 2017, and 66% of first-time enrollees submitted SAT scores with their applications.

Hofstra University has an overall enrollment yield of 9.55%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

63.9%

Acceptance Rate in 2017

17,143

Accepted Out of 26,808

In 2017, the undergraduate acceptance rate of Hofstra University was 63.9% (17,143 admissions from 26,808 applications). This is higher than the acceptance rate of 2016, which was 62.2%. Between 2016 and 2017, the number of applicants declined by -6.32%, while admissions declined by -3.72%.

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

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SAT Scores

66%

Submission Percentage

1,080

Scores Submitted

66% of enrolled first-time students at Hofstra University in 2017 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

Hofstra University has a total enrollment of 11,131 students. The full-time enrollment at Hofstra University is 9,497 students and the part-time enrollment is 1,634. This means that 85.3% of students enrolled at Hofstra University are enrolled full-time.

The enrolled student population at Hofstra University, both undergraduate and graduate, is 53% White, 11.8% Hispanic or Latino, 9.71% Asian, 8.38% Black or African American, 1.91% Two or More Races, 0.584% Native Hawaiian or Other Pacific Islanders, and 0.368% American Indian or Alaska Native.

Students enrolled at Hofstra University in full-time Undergraduate programs are majority White Female (30.8%), followed by White Male (25.3%) and Hispanic or Latino Female (7.75%). Students enrolled in full-time Graduate programs are majority White Female (28.5%), followed by White Male (19.3%) and Hispanic or Latino Female (6.26%).

Full-Time vs Part-Time Enrollment

85.3%

Full-Time Enrollment

The total enrollment at Hofstra University, both undergraduate and graduate, is 11,131 students. The full-time enrollment at Hofstra University is 9,497 and the part-time enrollment is 1,634. This means that 85.3% of students enrolled at Hofstra University are enrolled full-time compared with 78% at similar Doctoral Universities.

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

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Retention Rate over Time

81%

2017 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 Hofstra University was 81%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Hofstra University had a retention rate lower than its peers.

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

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    5,903

  2. Hispanic or Latino

    1,319

  3. Asian

    1,081

The enrolled student population at Hofstra University is 53% White, 11.8% Hispanic or Latino, 9.71% Asian, 8.38% Black or African American, 1.91% Two or More Races, 0.584% Native Hawaiian or Other Pacific Islanders, and 0.368% 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 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 644 students (5.79%) did not report their race.

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Graduates

In 2017, 661 more women than men received degrees from Hofstra University. The majority of degree recipients at Hofstra University are white (1,763 degrees awarded). There were 4.97 times more white graduates than the next closest race/ethnicity group, hispanic or latino (355 degrees).

The most common Bachelor's Degree concentration at Hofstra University is General Marketing & Marketing Management (115 degrees awarded), followed by General Psychology (104 degrees) and Accounting (99 degrees).

The most specialized majors across all degree types at Hofstra University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Legal (243 degrees awarded), Communications (311 degrees), and Education (393 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Hofstra University are Elementary & middle school teachers (2,175,568 people), Accountants & auditors (1,145,700 people), Other managers (801,490 people), Financial managers (463,769 people), and Education administrators (393,036 people).

The most specialized majors at Hofstra University are Legal (243 degrees awarded), Communications (311 degrees), Education (393 degrees), Business (894 degrees), and Psychology (186 degrees).

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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 Hofstra University are Surgeons, Geoscientists and hydrologists, except geographers, Dentists, Magnetic resonance imaging technologists, and Nurse anesthetists

The most specialized majors at Hofstra University are Legal (243 degrees awarded), Communications (311 degrees), Education (393 degrees), Business (894 degrees), and Psychology (186 degrees).

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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 Hofstra University are Elementary & secondary schools (3,433,842 people), Colleges, universities & professional schools, including junior colleges (713,024 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (573,281 people), Banking & related activities (558,870 people), and Computer Systems Design (533,892 people).

The most specialized majors at Hofstra University are Legal (243 degrees awarded), Communications (311 degrees), Education (393 degrees), Business (894 degrees), and Psychology (186 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 Hofstra University.

Most Common

  1. 115 degrees awarded

  2. 104 degrees awarded

  3. 99 degrees awarded

In 2017, the most common bachelors degree concentration at Hofstra University was General Marketing & Marketing Management with 115 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,241

  2. 1,902

In 2017, 1,241 degrees were awarded to men at Hofstra University, which is 0.652 times less than the number of degrees awarded to females (1,902).

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

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Most Common Male Majors

In 2017, 120 degrees were awarded to men at Hofstra University in General Finance, which is 2.07 times more than the 58 female recipients with that same degree.

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Most Common Female Majors

In 2017, 128 degrees were awarded to women at Hofstra University in Law, which is 1.21 times more than the 106 male recipients with that same degree.

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Time to Complete

49%

100% Completion Time

60%

150% Completion Time

In 2017, 49% of students graduating from Hofstra University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 61% 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.

Asian Female

Highest Graduation Rate (75.4%)

The student demographic with the highest graduation rate at Hofstra University is Female and Asian (75.4% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

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, 2.39% of graduates (25 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,763 degrees awarded

  2. Hispanic or Latino

    355 degrees awarded

  3. Asian

    234 degrees awarded

The most common race/ethnicity at Hofstra University is white (1,763 degrees awarded). There were 4.97 times more white recipients than the next closest race/ethnicity group, hispanic or latino (355 degrees).

4.1% of degree recipients (129 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    1,039 degrees awarded

  2. White Male

    724 degrees awarded

  3. Hispanic or Latino Female

    246 degrees awarded

The most common race/ethnicity and gender grouping at Hofstra University is white female (1,039 degrees awarded). There were 1.44 times more white female recipients than the next closest race/ethnicity group, white male (724 degrees).

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Operations

Hofstra University has an endowment valued at nearly $553M, as of the end of the 2017 fiscal year. The return on its endowment was of $61M (11%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Hofstra University had a total salary expenditure of $376M. Hofstra University employs 199 Professors, 170 Associate professors, and 120 Assistant professors. Most academics at Hofstra University are Male Professors (117), Male Associate professors(92), and Female Professors (82).

The most common positions for non-instructional staff at Hofstra University are: Management, with 242 employees, Office and Administrative Support, with 234 employees, and Service with 196 employees.

Finances

Endowment

$553M

2017 Endowment

24.3%

growth from 2016

Hofstra University has an endowment valued at about $553M, as of the end of the 2017 fiscal year. The endowment of Hofstra University grew 24.3% from the previous year. The value of their endowment was $267M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Hofstra 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: Moderate Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $6.79M - Federal

  2. $4.45M - State

  3. $12.3k - Local

As of 2017, Hofstra University received $6.79M in grants and contracts from the federal government, $4.45M from state grants and contracts, and $12.3k from local grants and contracts.

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Expenses

Salary Expenditure

$178M

2017 Salaries

1.57%

growth from 2016

In 2017, Hofstra University paid a median of $178M in salaries, which represents 47.4% of their overall expenditure ($376M) and a 1.57% growth from the previous year. This is compared to a 9.29% decline from 2015 and a 3.44% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

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Instructional Salaries

$58.7M

Instructional Salaries

493

Number of Employees

In 2017, Hofstra University paid a total of $58.7M to 493 employees working as instructors, which represents 32.9% of all salaries paid.

This is compared to a median of $25.2M (35.5%) for similar Doctoral Universities: Moderate Research Activity.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

199 Employees

Management

Most Common Non-Instructional Employee

242 Employees

In 2017, the most common positions for instructional staff at Hofstra University were Professor with 199 employees; Associate professor with 170 employees; and Associate professor with 120 employees.

In 2017, the most common positions for non-instructional staff at Hofstra University were Management with 242 employees; Office and Administrative Support with 234 employees; and Service with 196 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Female Professor

In 2017, the most common demographic for instructional staff at Hofstra University was Male Professor with 117 employees, Male Associate professor with 92 employees, and Female Professor with 82 employees.

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

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