Drexel University

www.drexel.edu

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2021 Undergraduate Tuition

$54,766

1.67% growth from 2020

2021 Average Net Price

$26,076

After Financial Aid

2019 Student Loan

0.962%

Default Rate

2021 Acceptance Rate

82.6%

34,519 Applicants

2021 Enrolled Students

23,216

74.9% Full-Time

2021 Graduation Rate

78.2%

2,122 Graduates

About

Drexel University is a higher education institution located in Philadelphia County, PA. In 2021, the most popular Bachelors Degree concentrations at Drexel University were Registered Nursing (533 degrees awarded), Accounting & Finance (190 degrees), and Mechanical Engineering (168 degrees).

In 2021, 6,793 degrees were awarded across all undergraduate and graduate programs at Drexel University. 57.8% of these degrees were awarded to women, and 42.2% awarded men. The most common race/ethnicity group of degree recipients was white (3,479 degrees), 3.41 times more than then the next closest race/ethnicity group, asian (1,019 degrees).

The median undergraduate tuition at Drexel University is $54,766, which is $25,774 more than the national average for Doctoral Universities ($28,992).

Photo by Tom Ipri

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at Drexel University is $54,766, which is $25,774 more than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $26,076.

In 2021, 90% of undergraduate students attending Drexel University received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Tuition Costs

$54,766

2021 Undergraduate Tuition

In 2021, the cost of tuition at Drexel University was $54,766. The cost of tuition at Drexel University is $25,774 more than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

Average Net Price

$26,076

2021 Value

33.9%

1 Year Growth

In 2021 Drexel University had an average net price — the price paid after factoring in grants and loans — of $26,076. Between 2020 and 2021, the average net price of Drexel University grew by 33.9%.

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.

Other Student Expenses

$16,635

Room and Board

$1,700

Books and Supplies

The average yearly cost of room and board at Drexel University was of $16,635 in 2021. The cost of room and board increased by 16.8% 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 Drexel University (in red) with that of similar universities.

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

49%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Drexel University received financial aid through grants or loans in 2021. This represents a growth of 0% with respect to 2020, when 90% 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.

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.

0.962%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Drexel University was 0.962%, which represents 50 out of the 5199 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.

Admissions

Drexel University received 34,519 undergraduate applications in 2021, which represents a 10.5% annual growth. Out of those 34,519 applicants, 28,522 students were accepted for enrollment, representing a 82.6% acceptance rate.

There were 23,216 students enrolled at Drexel University in 2021. 37% of first-time enrollees submitted SAT scores with their applications.

Drexel University has an overall enrollment yield of 10%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.6%

Acceptance Rate in 2021

28,522

Accepted Out of 34,519

In 2021, the undergraduate acceptance rate of Drexel University was 82.6% (28,522 admissions from 34,519 applications). This is higher than the acceptance rate of 2020, which was 77.2%. Between 2020 and 2021, the number of applicants grew by 10.5%, while admissions grew by 18.3%..

This chart compares the acceptance rate of Drexel University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

37%

Submission Percentage (2021)

1,061

Scores Submitted (2021)

37% of enrolled first-time students at Drexel University in 2021 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.

Enrollment

Drexel University had a total enrollment of 23,216 students in 2021. The full-time enrollment at Drexel University is 17,387 students and the part-time enrollment is 5,829. This means that 74.9% of students enrolled at Drexel University are enrolled full-time.

The enrolled student population at Drexel University, both undergraduate and graduate, is 50.2% White, 18% Asian, 9.11% Black or African American, 7.32% Hispanic or Latino, 3.68% Two or More Races, 0.0517% American Indian or Alaska Native, and 0.0431% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Drexel University in full-time Undergraduate programs are most commonly White Male (25.3%), followed by White Female (21.5%) and Asian Male (12%). Students enrolled in full-time Graduate programs are most commonly White Female (29.3%), followed by White Male (19.3%) and Asian Female (8.27%).

Full-Time vs Part-Time Enrollment

74.9%

Full-Time Enrollment

The total enrollment at Drexel University in 2021, both undergraduate and graduate, is 23,216 students. The full-time enrollment at Drexel University is 17,387 and the part-time enrollment is 5,829. This means that 74.9% of students enrolled at Drexel University are enrolled full-time compared with 76.6% at similar Doctoral Universities.

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

Retention Rate over Time

90%

2021 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 90%. Compared with the full-time retention rate at similar Doctoral Universities (84%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
11,654 enrolled students
Asian
4,181 enrolled students
Black or African American
2,116 enrolled students

The enrolled student population at Drexel University is 50.2% White, 18% Asian, 9.11% Black or African American, 7.32% Hispanic or Latino, 3.68% Two or More Races, 0.0517% American Indian or Alaska Native, and 0.0431% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 559 students (2.41%) did not report their race.

Graduates

In 2021, 1,063 more women than men received degrees from Drexel University. The most common race/ethnicity group of degree recipients at Drexel University is white (3,479 degrees awarded). There were 3.41 times more white recipients than the next closest race/ethnicity group, asian (1019 degrees).

The most common Bachelor's Degree concentration at Drexel University is Registered Nursing (533 degrees awarded), followed by Accounting & Finance (190 degrees) and Mechanical Engineering (168 degrees).

In 2021, 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 (54 degrees awarded), Engineering (886 degrees), and Legal (246 degrees).

Common Jobs by Major

Software developers

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 Software developers (410,896 people), Other managers (376,097 people), Miscellaneous engineers, including nuclear engineers (337,159 people), Civil engineers (263,874 people), and Mechanical engineers (192,329 people).

The most specialized majors at Drexel University in 2021 are Library Science (54 degrees awarded), Engineering (886 degrees), Legal (246 degrees), Visual & Performing Arts (390 degrees), and Architecture and Related Services (44 degrees) (as of 2021).

Highest Paying Jobs by Major

Podiatrists

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 Podiatrists, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Drexel University are Library Science (54 degrees awarded), Engineering (886 degrees), Legal (246 degrees), Visual & Performing Arts (390 degrees), and Architecture and Related Services (44 degrees) (as of 2021).

Common Industries by Major

Architectural, engineering & related services

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 Architectural, engineering & related services (562,993 people), Computer Systems Design (478,145 people), Construction (330,813 people), Colleges, universities & professional schools, including junior colleges (286,443 people), and Elementary & secondary schools (256,519 people).

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 (2021)

Registered Nursing
533 degree-majors awarded
Accounting & Finance
190 degree-majors awarded
Mechanical Engineering
168 degree-majors awarded

In 2021, the most common bachelors degree concentration at Drexel University was Registered Nursing with 533 degrees awarded.

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

Sex Breakdown for Common Majors

2,865

Degrees Awarded to Men

in 2021

3,928

Degrees Awarded to Women

in 2021

In 2021, 2,865 degrees were awarded to men at Drexel University, which is 0.729 times less than the number of degrees awarded to females (3,928).

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

Most Common Male Majors

In 2021, 178 degrees were awarded to men at Drexel University in Mechanical Engineering, which is 8.09 times more than the 22 female recipients with that same degree.

Most Common Female Majors

In 2021, 784 degrees were awarded to men at Drexel University in Registered Nursing, which is 9.01 times more than the 87 male recipients with that same degree.

Time to Complete

26%

100% Completion Time

69%

150% Completion Time

In 2021, 26% of students graduating from Drexel University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 69% completed their degrees within 150% of the normal time, and 71% 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.

Graduation Rate by Race and Sex

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 in 2021 at Drexel University is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

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, 1.74% of graduates (37 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
3,479 degrees awarded
Asian
1,019 degrees awarded
Black or African American
555 degrees awarded

The most common race/ethnicity at Drexel University is white (3,479 degrees awarded). There were 3.41 times more white recipients than the next closest race/ethnicity group, asian (1019 degrees).

3.24% of degree recipients (220 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
2,094 degrees awarded
White Male
1,385 degrees awarded
Asian Female
575 degrees awarded

The most common race/ethnicity and sex grouping at Drexel University is white female (2,094 degrees awarded). There were 1.51 times more white female recipients than the next closest race/ethnicity group, white male (1385 degrees).

Operations

Drexel University has an endowment valued at nearly $966M, as of the end of the 2021 fiscal year. The return on its endowment was of 161M (16.6%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, Drexel University had a total salary expenditure of 893M. Drexel University employs 518 Instructors, 236 Professors and 208 Associate professors. Most academics at Drexel University are Female Instructor (291), Male Instructor (227), and Male Professor (169).

The most common positions for non-instructional staff at Drexel University are: Business and Financial Operations, with 611 employees, Management, with 329 employees, and Service with 301 employees.

Endowment

$966M

2021 Endowment

21%

growth from 2020

Drexel University has an endowment valued at about $966M, as of the end of the 2021 fiscal year. The endowment of Drexel University grew 21% from the previous year. The value of their endowment was $578M 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.

Government Grants and Contracts

Grants & Contracts

$148M - Federal
$9.1M - State
$1.55M - Local

As of 2021, Drexel University received $148M in grants and contracts from the federal government, $9.1M from state grants and contracts, and $1.55M from local grants and contracts.

Salary Expenditure

$400M

2021 Salaries

9.35%

decline from 2020

In 2021, Drexel University paid a median of $400M in salaries, which represents 44.8% of their overall expenditure ($893M) and a 9.35% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$120M

Instructional Salaries

1,052

Number of Employees

In 2021, Drexel University paid a total of $120M to 1,052 employees working as instructors, which represents 29.9% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Instructor

Most Common Instructor

518 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

611 Employees

In 2021, the most common positions for instructional staff at Drexel University were Instructor with 518 employees, Professor with 236 employees, and Associate professor with 208 employees.

In 2021, the most common positions for non-instructional staff at Drexel University were Business and Financial Operations with 611 employees, Management with 329 employees, and Service with 301 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Female Instructor
Male Instructor
Male Professor

In 2021, the most common demographic for instructional staff at Drexel University was Female Instructor with 291 employees, Male Instructor with 227 employees, and Male Professor with 169 employees.

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