Rensselaer Polytechnic Institute

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2017 Undergraduate Tuition

$51,000

2.99% growth from 2016

2017 Average Net Price

$37,648

After Financial Aid

2016 Student Loan

1.28%

Default Rate

2017 Acceptance Rate

43.2%

19,505 Applicants

2017 Enrolled Students

7,592

98.3% Full-Time

2016 Graduation Rate

83%

956 Graduates

About

Rensselaer Polytechnic Institute is a higher education institution located in Rensselaer County, NY. In 2016, the most popular Bachelor's Degree concentrations at Rensselaer Polytechnic Institute were Mechanical Engineering (226 degrees awarded), Computer Science (167 degrees), and Bioengineering & Biomedical Engineering (101 degrees).

In 2017, 2,002 degrees were awarded across all undergraduate and graduate programs at Rensselaer Polytechnic Institute. 29.3% of these degrees were awarded to women, and 70.7% awarded men. The majority of degree recipients were white (1,159 degrees), 5.91 times more than then the next closest race/ethnicity group, asian (196 degrees).

The median undergraduate tuition at Rensselaer Polytechnic Institute is $51,000, which is $24,500 more than the national average for Doctoral Universities ($26,500).

Costs

The median undergraduate tuition at Rensselaer Polytechnic Institute is $51,000, which is $24,500 more than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $37,648.

In 2017, 87% of undergraduate students received federal grants, while 55% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$51,000

2017 Undergraduate Tuition

In 2017, the cost of tuition at Rensselaer Polytechnic Institute was $51,000. The cost of tuition at Rensselaer Polytechnic Institute is $24,500 more than than the overall (public and private) national average for Doctoral Universities ($26,500).

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Average Net Price

$37,648

2017 Value

0.572%

1 Year Growth

In 2017 Rensselaer Polytechnic Institute had an average net price — the price paid after factoring in grants and loans — of $37,648. Between 2016 and 2017, the average net price of Rensselaer Polytechnic Institute grew by 0.572%.

This chart compares the average net price of Rensselaer Polytechnic Institute (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

$14,630

Room and Board

$1,264

Books and Supplies

The average yearly cost of room and board at Rensselaer Polytechnic Institute was of $14,630 in 2017. During the same period, the average yearly cost of books and supplies was $1,264. The cost of room and board increased by 3.8% between 2016 and 2017. The cost of books and supplies increased by 4.46% during the same period.

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Financial Aid

Financial Aid by Income Level

87%

Of Undergraduates Receive Grants

55%

Of Undergraduates Receive Federal Loans

87% of undergraduate students at Rensselaer Polytechnic Institute received grants or loans in 2017. This represents a decline of 1.14% with respect to 2016, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at Rensselaer Polytechnic Institute (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.

1.28%

2016 Default Rate

14

Number of Defaults

In 2016 the default rate for borrower's at Rensselaer Polytechnic Institute was 1.28%, which represents 14 out of the 1091 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

Rensselaer Polytechnic Institute received 19,505 undergraduate applications in 2017, which represents a 5.3% annual growth. Out of those 19,505 applicants, 8,420 students were accepted for enrollment, representing a 43.2% acceptance rate.

There were 7,592 students enrolled at Rensselaer Polytechnic Institute in 2017, and 66% of first-time enrollees submitted SAT scores with their applications.

Rensselaer Polytechnic Institute has an overall enrollment yield of 19.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

43.2%

Acceptance Rate in 2017

8,420

Accepted Out of 19,505

In 2017, the undergraduate acceptance rate of Rensselaer Polytechnic Institute was 43.2% (8,420 admissions from 19,505 applications). This is lower than the acceptance rate of 2016, which was 44.3%. Between 2016 and 2017, the number of applicants grew by 5.3%, while admissions grew by 2.5%.

This chart compares the acceptance rate of Rensselaer Polytechnic Institute (in red) with that of other similar universities.

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SAT Scores

66%

Submission Percentage

1,101

Scores Submitted

66% of enrolled first-time students at Rensselaer Polytechnic Institute 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

Rensselaer Polytechnic Institute has a total enrollment of 7,592 students. The full-time enrollment at Rensselaer Polytechnic Institute is 7,463 students and the part-time enrollment is 129. This means that 98.3% of students enrolled at Rensselaer Polytechnic Institute are enrolled full-time.

The enrolled student population at Rensselaer Polytechnic Institute, both undergraduate and graduate, is 50.6% White, 10.6% Asian, 7.93% Hispanic or Latino, 5.99% Two or More Races, 3.6% Black or African American, 0.0922% American Indian or Alaska Native, and 0.0263% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Rensselaer Polytechnic Institute in full-time Undergraduate programs are majority White Male (36.3%), followed by White Female (16.7%) and Asian Male (7.48%). Students enrolled in full-time Graduate programs are majority White Male (26.9%), followed by White Female (11.1%) and Asian Male (3.47%).

Full-Time vs Part-Time Enrollment

98.3%

Full-Time Enrollment

The total enrollment at Rensselaer Polytechnic Institute, both undergraduate and graduate, is 7,592 students. The full-time enrollment at Rensselaer Polytechnic Institute is 7,463 and the part-time enrollment is 129. This means that 98.3% of students enrolled at Rensselaer Polytechnic Institute are enrolled full-time compared with 78% at similar Doctoral Universities.

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

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Retention Rate over Time

93%

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 Rensselaer Polytechnic Institute was 93%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Rensselaer Polytechnic Institute had a retention rate higher than its peers.

This chart shows the retention rate over time at Rensselaer Polytechnic Institute (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    3,841

  2. Asian

    806

  3. Hispanic or Latino

    602

The enrolled student population at Rensselaer Polytechnic Institute is 50.6% White, 10.6% Asian, 7.93% Hispanic or Latino, 5.99% Two or More Races, 3.6% Black or African American, 0.0922% American Indian or Alaska Native, and 0.0263% 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 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, 112 students (1.48%) did not report their race.

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Graduates

In 2017, 830 fewer women than men received degrees from Rensselaer Polytechnic Institute. The majority of degree recipients at Rensselaer Polytechnic Institute are white (1,159 degrees awarded). There were 5.91 times more white graduates than the next closest race/ethnicity group, asian (196 degrees).

The most common Bachelor's Degree concentration at Rensselaer Polytechnic Institute is Mechanical Engineering (226 degrees awarded), followed by Computer Science (167 degrees) and Bioengineering & Biomedical Engineering (101 degrees).

The most specialized majors across all degree types at Rensselaer Polytechnic Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,010 degrees awarded), Architecture and Related Services (78 degrees), and Math & Statistics (142 degrees).

Workforce

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 Rensselaer Polytechnic Institute are Software developers (819,323 people), Other managers (480,334 people), Miscellaneous engineers, including nuclear engineers (347,225 people), Civil engineers (242,598 people), and Postsecondary teachers (215,232 people).

The most specialized majors at Rensselaer Polytechnic Institute are Engineering (1,010 degrees awarded), Architecture and Related Services (78 degrees), Math & Statistics (142 degrees), Physical Sciences (76 degrees), and Computer and Information Sciences and Support Services (254 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 Rensselaer Polytechnic Institute are Magnetic resonance imaging technologists, Chemists & materials scientists, Dentists, Surgeons, and Securities, commodities, & financial services sales agents

The most specialized majors at Rensselaer Polytechnic Institute are Engineering (1,010 degrees awarded), Architecture and Related Services (78 degrees), Math & Statistics (142 degrees), Physical Sciences (76 degrees), and Computer and Information Sciences and Support Services (254 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 Rensselaer Polytechnic Institute are Computer Systems Design (937,805 people), Architectural, engineering & related services (579,812 people), Colleges, universities & professional schools, including junior colleges (430,631 people), Construction (318,639 people), and Elementary & secondary schools (263,952 people).

The most specialized majors at Rensselaer Polytechnic Institute are Engineering (1,010 degrees awarded), Architecture and Related Services (78 degrees), Math & Statistics (142 degrees), Physical Sciences (76 degrees), and Computer and Information Sciences and Support Services (254 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 Rensselaer Polytechnic Institute.

Most Common

  1. 226 degrees awarded

  2. 167 degrees awarded

  3. 101 degrees awarded

In 2017, the most common bachelors degree concentration at Rensselaer Polytechnic Institute was Mechanical Engineering with 226 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Rensselaer Polytechnic Institute according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,416

  2. 586

In 2017, 1,416 degrees were awarded to men at Rensselaer Polytechnic Institute, which is 2.42 times more than the number of degrees awarded to females (586).

This chart displays the gender disparity between the top 5 majors at Rensselaer Polytechnic Institute by degrees awarded.

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Most Common Male Majors

In 2017, 221 degrees were awarded to men at Rensselaer Polytechnic Institute in Mechanical Engineering, which is 3.88 times more than the 57 female recipients with that same degree.

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Most Common Female Majors

In 2017, 61 degrees were awarded to women at Rensselaer Polytechnic Institute in Bioengineering & Biomedical Engineering, which is 1.07 times more than the 57 male recipients with that same degree.

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Time to Complete

63%

100% Completion Time

81%

150% Completion Time

In 2017, 63% of students graduating from Rensselaer Polytechnic Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 81% completed their degrees within 150% of the normal time, and 83% 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 (90.9%)

The student demographic with the highest graduation rate at Rensselaer Polytechnic Institute is Female and Asian (90.9% 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, 1.36% of graduates (13 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,159 degrees awarded

  2. Asian

    196 degrees awarded

  3. Hispanic or Latino

    148 degrees awarded

The most common race/ethnicity at Rensselaer Polytechnic Institute is white (1,159 degrees awarded). There were 5.91 times more white recipients than the next closest race/ethnicity group, asian (196 degrees).

1.9% of degree recipients (38 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    849 degrees awarded

  2. White Female

    310 degrees awarded

  3. Asian Male

    133 degrees awarded

The most common race/ethnicity and gender grouping at Rensselaer Polytechnic Institute is white male (849 degrees awarded). There were 2.74 times more white male recipients than the next closest race/ethnicity group, white female (310 degrees).

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Operations

Rensselaer Polytechnic Institute has an endowment valued at nearly $674M, as of the end of the 2017 fiscal year. The return on its endowment was of $62.8M (9.32%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Rensselaer Polytechnic Institute had a total expenditure of $421M. Of that $421M, they spent $160M on salaries and $421M on benefits.

Rensselaer Polytechnic Institute employs 186 Professors, 95 Lecturers, and 90 Associate professors. Most academics at Rensselaer Polytechnic Institute are Male Professors (158), Male Lecturers(67), and Male Associate professors (61).

The most common positions for non-instructional staff at Rensselaer Polytechnic Institute are: Management, with 170 employees, Business and Financial Operations, with 164 employees, and Service with 161 employees.

Finances

Endowment

$674M

2017 Endowment

6.66%

growth from 2016

Rensselaer Polytechnic Institute has an endowment valued at about $674M, as of the end of the 2017 fiscal year. The endowment of Rensselaer Polytechnic Institute grew 6.66% from the previous year. The value of their endowment was $388M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Rensselaer Polytechnic Institute (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. $57.3M - Federal

  2. $6.18M - State

  3. $0 - Local

As of 2017, Rensselaer Polytechnic Institute received $57.3M in grants and contracts from the federal government, $6.18M from state grants and contracts, and $0 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.

$160M

Salary Expenditure

$421M

Benefits Expenditure

In 2017, Rensselaer Polytechnic Institute had a total expenditure of $421M. Of that $421M, they spent $160M on salaries and $421M on benefits.

The bar chart shows the share of the primary expenses at Rensselaer Polytechnic Institute 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 Rensselaer Polytechnic Institute as a share of total expenditure.

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Salary Expenditure

$160M

2017 Salaries

5.24%

growth from 2016

In 2017, Rensselaer Polytechnic Institute paid a median of $160M in salaries, which represents 38% of their overall expenditure ($421M) and a 5.24% growth from the previous year. This is compared to a 1.54% decline from 2015 and a 0.204% growth from 2014.

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

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Instructional Salaries

$51.3M

Instructional Salaries

448

Number of Employees

In 2017, Rensselaer Polytechnic Institute paid a total of $51.3M to 448 employees working as instructors, which represents 32% of all salaries paid.

This is compared to a median of $61.3M (31.9%) for similar Doctoral Universities: Higher Research Activity.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

186 Employees

Management

Most Common Non-Instructional Employee

170 Employees

In 2017, the most common positions for instructional staff at Rensselaer Polytechnic Institute were Professor with 186 employees; Lecturer with 95 employees; and Lecturer with 90 employees.

In 2017, the most common positions for non-instructional staff at Rensselaer Polytechnic Institute were Management with 170 employees; Business and Financial Operations with 164 employees; and Service with 161 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Lecturer

  3. Male Associate professor

In 2017, the most common demographic for instructional staff at Rensselaer Polytechnic Institute was Male Professor with 158 employees, Male Lecturer with 67 employees, and Male Associate professor with 61 employees.

This chart shows the gender split between each academic rank present at Rensselaer Polytechnic Institute.

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