Hofstra University

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2016 Undergraduate Tuition

$41,100

4.31% growth from 2015

2016 Average Net Price

$32,169

After Financial Aid

2015 Student Loan

2.74%

Default Rate

2016 Acceptance Rate

62.2%

28,617 Applicants

2016 Enrolled Students

11,145

85.5% Full-Time

2016 Graduation Rate

63.6%

913 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 Psychology (106 degrees awarded), General Marketing & Marketing Management (87 degrees), and Public Relations & Image Management (81 degrees).

In 2016, 3,036 degrees were awarded across all undergraduate and graduate programs at Hofstra University. 60.2% of these degrees were awarded to women, and 39.8% awarded men. The majority of degree recipients were white (1,700 degrees), 5.88 times more than then the next closest race/ethnicity group, hispanic or latino (289 degrees).

The median undergraduate tuition at Hofstra University is $41,100, which is $15,244 more than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at Hofstra University is $41,100, which is $15,244 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $32,169.

In 2016, 85% of undergraduate students received federal grants, while 51% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$41,100

2016 Undergraduate Tuition

In 2016, the cost of tuition at Hofstra University was $41,100. The cost of tuition at Hofstra University is $15,244 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

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Average Net Price

$32,169

2016 Value

5.61%

1 Year Growth

In 2016 Hofstra University had an average net price — the price paid after factoring in grants and loans — of $32,169. Between 2015 and 2016, the average net price of Hofstra University grew by 5.61%.

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

$15,580

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Hofstra University was of $15,580 in 2016. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 3.81% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

85%

Of Undergraduates Receive Grants

51%

Of Undergraduates Receive Federal Loans

85% of undergraduate students at Hofstra University received grants or loans in 2016. This represents a growth of 0% with respect to 2015, 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.

2.74%

2015 Default Rate

68

Number of Defaults

In 2015 the default rate for borrower's at Hofstra University was 2.74%, which represents 68 out of the 2482 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 28,617 undergraduate applications in 2016, which represents a 2.24% annual growth. Out of those 28,617 applicants, 17,806 students were accepted for enrollment, representing a 62.2% acceptance rate.

There were 11,145 students enrolled at Hofstra University in 2016, and 66% of first-time enrollees submitted SAT scores with their applications.

Hofstra University has an overall enrollment yield of 9.25%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.2%

Acceptance Rate in 2016

17,806

Accepted Out of 28,617

In 2016, the undergraduate acceptance rate of Hofstra University was 62.2% (17,806 admissions from 28,617 applications). This is higher than the acceptance rate of 2015, which was 61.1%. Between 2015 and 2016, the number of applicants grew by 2.24%, while admissions grew by 4.19%.

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

1,085

Scores Submitted

66% of enrolled first-time students at Hofstra 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

Hofstra University has a total enrollment of 11,145 students. The full-time enrollment at Hofstra University is 9,527 students and the part-time enrollment is 1,618. This means that 85.5% of students enrolled at Hofstra University are enrolled full-time.

The enrolled student population at Hofstra University, both undergraduate and graduate, is 54.1% White, 11.9% Hispanic or Latino, 9.13% Asian, 7.96% Black or African American, 1.76% Two or More Races, 0.736% Native Hawaiian or Other Pacific Islanders, and 0.314% American Indian or Alaska Native.

Students enrolled at Hofstra University in full-time Undergraduate programs are majority White Female (31%), followed by White Male (25.5%) and Hispanic or Latino Female (8.14%). Students enrolled in full-time Graduate programs are majority White Female (29.6%), followed by White Male (19.9%) and Hispanic or Latino Female (5.58%).

Full-Time vs Part-Time Enrollment

85.5%

Full-Time Enrollment

The total enrollment at Hofstra University, both undergraduate and graduate, is 11,145 students. The full-time enrollment at Hofstra University is 9,527 and the part-time enrollment is 1,618. This means that 85.5% of students enrolled at Hofstra 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 Hofstra University (in red) compares to similar universities.

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Retention Rate over Time

82%

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 Hofstra University was 82%. 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

    6,034

  2. Hispanic or Latino

    1,331

  3. Asian

    1,018

The enrolled student population at Hofstra University is 54.1% White, 11.9% Hispanic or Latino, 9.13% Asian, 7.96% Black or African American, 1.76% Two or More Races, 0.736% Native Hawaiian or Other Pacific Islanders, and 0.314% 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, 577 students (5.18%) did not report their race.

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Graduates

In 2016, 620 more women than men received degrees from Hofstra University. The majority of degree recipients at Hofstra University are white (1,700 degrees awarded). There were 5.88 times more white graduates than the next closest race/ethnicity group, hispanic or latino (289 degrees).

The most common Bachelor's Degree concentration at Hofstra University is General Psychology (106 degrees awarded), followed by General Marketing & Marketing Management (87 degrees) and Public Relations & Image Management (81 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 (209 degrees awarded), Communications (304 degrees), and Education (390 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 (2,093,250 people), Secondary school teachers (351,715 people), Education administrators (337,406 people), Miscellaneous managers (322,971 people), and Counselors (263,361 people).

The most specialized majors at Hofstra University are Legal (209 degrees awarded), Communications (304 degrees), Education (390 degrees), Psychology (203 degrees), and English (69 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Hofstra University are Aircraft pilots & flight engineers, Physicians & surgeons, Sales representatives, wholesale & manufacturing, Firstline supervisors of nonretail sales workers, and Dentists

The most specialized majors at Hofstra University are Legal (209 degrees awarded), Communications (304 degrees), Education (390 degrees), Psychology (203 degrees), and English (69 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 (3,232,878 people), Colleges, universities & professional schools, including junior colleges (534,011 people), Hospitals (346,970 people), Insurance carriers & related activities (216,200 people), and Individual & family services (197,344 people).

The most specialized majors at Hofstra University are Legal (209 degrees awarded), Communications (304 degrees), Education (390 degrees), Psychology (203 degrees), and English (69 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. 106 degrees awarded

  2. 87 degrees awarded

  3. 81 degrees awarded

In 2016, the most common bachelors degree concentration at Hofstra University was General Psychology with 106 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. 1,208

  2. 1,828

In 2016, 1,208 degrees were awarded to men at Hofstra University, which is 0.661 times less than the number of degrees awarded to females (1,828).

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 2016, 109 degrees were awarded to men at Hofstra University in General Finance, which is 2.37 times more than the 46 female recipients with that same degree.

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Most Common Female Majors

In 2016, 100 degrees were awarded to women at Hofstra University in Law, which is 1.02 times more than the 98 male recipients with that same degree.

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Time to Complete

50%

100% Completion Time

60%

150% Completion Time

In 2016, 50% 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Hofstra University is Male 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, 3.4% of graduates (31 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,700 degrees awarded

  2. Hispanic or Latino

    289 degrees awarded

  3. Black or African American

    228 degrees awarded

The most common race/ethnicity at Hofstra University is white (1,700 degrees awarded). There were 5.88 times more white recipients than the next closest race/ethnicity group, hispanic or latino (289 degrees).

5.17% of degree recipients (157 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    1,023 degrees awarded

  2. White Male

    677 degrees awarded

  3. Hispanic or Latino Female

    189 degrees awarded

The most common race/ethnicity and gender grouping at Hofstra University is white female (1,023 degrees awarded). There were 1.51 times more white female recipients than the next closest race/ethnicity group, white male (677 degrees).

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Operations

Hofstra University has an endowment valued at nearly $410M, as of the end of the 2015 fiscal year. The return on its endowment was of $-4.33M (-1.05%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Hofstra University had a total expenditure of $364M. Of that $364M, they spent $194M on salaries and $364M on benefits.

Hofstra University employs 197 Professors, 183 Associate professors, and 106 Assistant professors. Most academics at Hofstra University are Male Professors (121), Male Associate professors(96), and Female Associate professors (87).

The most common positions for non-instructional staff at Hofstra University are: Management, with 249 employees, Office and Administrative Support, with 234 employees, and Service with 195 employees.

Finances

Endowment

$410M

2015 Endowment

0.335%

decline from 2014

Hofstra University has an endowment valued at about $410M, as of the end of the 2015 fiscal year. The endowment of Hofstra University declined 0.335% from the previous year. The value of their endowment was $139M 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. $6.3M - Federal

  2. $15.5M - State

  3. $236k - Local

As of 2015, Hofstra University received $6.3M in grants and contracts from the federal government, $15.5M from state grants and contracts, and $236k 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.

$194M

Salary Expenditure

$364M

Benefits Expenditure

In 2015, Hofstra University had a total expenditure of $364M. Of that $364M, they spent $194M on salaries and $364M on benefits.

The bar chart shows the share of the primary expenses at Hofstra 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 Hofstra University as a share of total expenditure.

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Salary Expenditure

$194M

2015 Salaries

3.44%

growth from 2014

In 2015, Hofstra University paid a median of $194M in salaries, which represents 53.2% of their overall expenditure ($364M) and a 3.44% growth from the previous year. This is compared to a 0.72% growth from 2013 and a 0.646% growth from 2012.

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

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Instructional Salaries

$58.9M

Instructional Salaries

498

Number of Employees

In 2015, Hofstra University paid a total of $58.9M to 498 employees working as instructors, which represents 30.4% 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

Professor

Most Common Instructor

197 Employees

Management

Most Common Non-Instructional Employee

249 Employees

In 2016, the most common positions for instructional staff at Hofstra University were Professor with 197 employees; Associate professor with 183 employees; and Associate professor with 106 employees.

In 2016, the most common positions for non-instructional staff at Hofstra University were Management with 249 employees; Office and Administrative Support with 234 employees; and Service with 195 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Hofstra University was Male Professor with 121 employees, Male Associate professor with 96 employees, and Female Associate professor with 87 employees.

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

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