New York Institute of Technology

www.nyit.edu/

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2020 Undergraduate Tuition

$38,060

3.99% growth from 2019

2020 Average Net Price

$21,912

After Financial Aid

2018 Student Loan

2.67%

Default Rate

2020 Acceptance Rate

74.7%

11,007 Applicants

2020 Enrolled Students

6,851

87.1% Full-Time

2020 Graduation Rate

50.2%

337 Graduates

About

New York Institute of Technology is a higher education institution located in Nassau County, NY. In 2020, the most popular Bachelor's Degree concentrations at New York Institute of Technology were General Computer & Information Sciences (88 degrees awarded), Architectural & Building Sciences & Technology (82 degrees), and Electrical & Electronics Engineering (78 degrees).

In 2020, 1,978 degrees were awarded across all undergraduate and graduate programs at New York Institute of Technology. 43.7% of these degrees were awarded to women, and 56.3% awarded men. The most common race/ethnicity group of degree recipients was white (648 degrees), 2 times more than then the next closest race/ethnicity group, asian (324 degrees).

The median undergraduate tuition at New York Institute of Technology is $38,060, which is $15,530 more than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at New York Institute of Technology is $38,060, which is $15,530 more than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $21,912.

In 2020, 88% of undergraduate students attending New York Institute of Technology received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$38,060

2020 Undergraduate Tuition

In 2020, the cost of tuition at New York Institute of Technology was $38,060. The cost of tuition at New York Institute of Technology is $15,530 more than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

This chart compares the tuition costs of New York Institute of Technology (in red) with those of other similar universities.

Average Net Price

$21,912

2020 Value

1.28%

1 Year Growth

In 2020 New York Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $21,912. Between 2019 and 2020, the average net price of New York Institute of Technology grew by 1.28%.

This chart compares the average net price of New York Institute of Technology (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

$16,039

Room and Board

$1,104

Books and Supplies

The average yearly cost of room and board at New York Institute of Technology was of $16,039 in 2020. During the same period, the average yearly cost of books and supplies was $1,104. The cost of room and board increased by 2.89% between 2019 and 2020. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at New York Institute of Technology (in red) with that of similar universities.

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

48%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at New York Institute of Technology received financial aid through grants or loans in 2020. This represents a growth of 3.53% with respect to 2019, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at New York Institute of Technology (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.

2.67%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at New York Institute of Technology was 2.67%, which represents 36 out of the 1347 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

New York Institute of Technology received 11,007 undergraduate applications in 2020, which represents a 7.1% annual decline. Out of those 11,007 applicants, 8,220 students were accepted for enrollment, representing a 74.7% acceptance rate.

There were 6,851 students enrolled at New York Institute of Technology in 2020, and 90% of first-time enrollees submitted SAT scores with their applications.

New York Institute of Technology has an overall enrollment yield of 8.81%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.7%

Acceptance Rate in 2020

8,220

Accepted Out of 11,007

In 2020, the undergraduate acceptance rate of New York Institute of Technology was 74.7% (8,220 admissions from 11,007 applications). This is higher than the acceptance rate of 2019, which was 67.8%. Between 2019 and 2020, the number of applicants declined by −7.1%, while admissions grew by 2.33%.

This chart compares the acceptance rate of New York Institute of Technology (in red) with that of other similar universities.

SAT Scores

90%

Submission Percentage

653

Scores Submitted

90% of enrolled first-time students at New York Institute of Technology in 2020 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

New York Institute of Technology has a total enrollment of 6,851 students. The full-time enrollment at New York Institute of Technology is 5,969 students and the part-time enrollment is 882. This means that 87.1% of students enrolled at New York Institute of Technology are enrolled full-time.

The enrolled student population at New York Institute of Technology, both undergraduate and graduate, is 29.5% White, 24.2% Asian, 12.8% Hispanic or Latino, 8% Black or African American, 3.49% Two or More Races, 0.307% Native Hawaiian or Other Pacific Islanders, and 0.146% American Indian or Alaska Native.

Students enrolled at New York Institute of Technology in full-time Undergraduate programs are most commonly White Male (16.1%), followed by Asian Male (14.2%) and Hispanic or Latino Male (11.5%). Students enrolled in full-time Graduate programs are most commonly White Male (18.2%), followed by White Female (15.7%) and Asian Female (14.8%).

Full-Time vs Part-Time Enrollment

87.1%

Full-Time Enrollment

The total enrollment at New York Institute of Technology, both undergraduate and graduate, is 6,851 students. The full-time enrollment at New York Institute of Technology is 5,969 and the part-time enrollment is 882. This means that 87.1% of students enrolled at New York Institute of Technology are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at New York Institute of Technology (in red) compares to similar universities.

Retention Rate over Time

76%

2020 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 New York Institute of Technology was 76%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), New York Institute of Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at New York Institute of Technology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
2,022
Asian
1,655
Hispanic or Latino
878

The enrolled student population at New York Institute of Technology is 29.5% White, 24.2% Asian, 12.8% Hispanic or Latino, 8% Black or African American, 3.49% Two or More Races, 0.307% Native Hawaiian or Other Pacific Islanders, and 0.146% 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 Masters Colleges and Universities is 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 643 students (9.39%) did not report their race.

Graduates

In 2020, 248 fewer women than men received degrees from New York Institute of Technology. The most common race/ethnicity group of degree recipients at New York Institute of Technology is white (648 degrees awarded). There were 2 times more white graduates than the next closest race/ethnicity group, asian (324 degrees).

The most common Bachelor's Degree concentration at New York Institute of Technology is General Computer & Information Sciences (88 degrees awarded), followed by Architectural & Building Sciences & Technology (82 degrees) and Electrical & Electronics Engineering (78 degrees).

The most specialized majors across all degree types at New York Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (106 degrees awarded), Communication Technologies (47 degrees), and Computer and Information Sciences and Support Services (240 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 New York Institute of Technology are Software developers (804,843 people), Other managers (416,561 people), Miscellaneous engineers, including nuclear engineers (351,986 people), Civil engineers (258,769 people), and Mechanical engineers (194,215 people).

The most specialized majors at New York Institute of Technology are Architecture and Related Services (106 degrees awarded), Communication Technologies (47 degrees), Computer and Information Sciences and Support Services (240 degrees), Engineering (195 degrees), and Engineering Technologies (61 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at New York Institute of Technology are Surgeons, Cardiovascular technologists and technicians, Physicians, Magnetic resonance imaging technologists, and Dentists

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at New York Institute of Technology are Computer Systems Design (901,334 people), Architectural, engineering & related services (566,499 people), Construction (327,438 people), Colleges, universities & professional schools, including junior colleges (241,818 people), and Management, scientific & technical consulting services (186,158 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New York Institute of Technology.

Most Common

General Computer & Information Sciences
88 degree-majorss awarded
Architectural & Building Sciences & Technology
82 degree-majorss awarded
Electrical & Electronics Engineering
78 degree-majorss awarded

In 2020, the most common bachelors degree concentration at New York Institute of Technology was General Computer & Information Sciences with 88 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at New York Institute of Technology according to their major.

Sex Breakdown for Common Majors

1,113

Degrees Awarded to Men

in 2020

865

Degrees Awarded to Women

in 2020

In 2020, 1,113 degrees were awarded to men at New York Institute of Technology, which is 1.29 times more than the number of degrees awarded to females (865).

This chart displays the sex disparity between the top 5 majors at New York Institute of Technology by degrees awarded.

Most Common Male Majors

In 2020, 142 degrees were awarded to men at New York Institute of Technology in General Computer & Information Sciences, which is 2.9 times more than the 49 female recipients with that same degree.

Most Common Female Majors

In 2020, 67 degrees were awarded to women at New York Institute of Technology in General Business Administration & Management, which is 0.684 times less than the 98 male recipients with that same degree.

Time to Complete

31%

100% Completion Time

51%

150% Completion Time

In 2020, 31% of students graduating from New York Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 52% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and 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.

Asian Female

Highest Graduation Rate (66.7%)

The student demographic with the highest graduation rate at New York Institute of Technology is Female and Asian (66.7% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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, 14.8% of graduates (50 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
648 degrees awarded
Asian
324 degrees awarded
Hispanic or Latino
153 degrees awarded

The most common race/ethnicity at New York Institute of Technology is white (648 degrees awarded). There were 2 times more white recipients than the next closest race/ethnicity group, asian (324 degrees).

6.83% of degree recipients (135 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
352 degrees awarded
White Female
296 degrees awarded
Asian Male
178 degrees awarded

The most common race/ethnicity and sex grouping at New York Institute of Technology is white male (352 degrees awarded). There were 1.19 times more white male recipients than the next closest race/ethnicity group, white female (296 degrees).

Operations

New York Institute of Technology has an endowment valued at nearly $84.8M, as of the end of the 2020 fiscal year. The return on its endowment was of $3.92M (4.62%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, New York Institute of Technology had a total salary expenditure of $269M. New York Institute of Technology employs 108 Associate professors, 71 Assistant professors, and 52 Professors. Most academics at New York Institute of Technology are Male Associate professors (60), Female Associate professors(48), and Male Assistant professors (40).

The most common positions for non-instructional staff at New York Institute of Technology are: Management, with 190 employees, Office and Administrative Support, with 66 employees, and Service with 52 employees.

Endowment

$84.8M

2020 Endowment

3.52%

decline from 2019

New York Institute of Technology has an endowment valued at about $84.8M, as of the end of the 2020 fiscal year. The endowment of New York Institute of Technology declined 3.52% from the previous year. The value of their endowment was $45.2M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at New York Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$5.95M - Federal
$1M - State
$119k - Local

As of 2020, New York Institute of Technology received $5.95M in grants and contracts from the federal government, $1M from state grants and contracts, and $119k from local grants and contracts.

Salary Expenditure

$121M

2020 Salaries

0.0429%

growth from 2019

In 2020, New York Institute of Technology paid a median of $121M in salaries, which represents 45% of their overall expenditure ($269M) and a 0.0429% growth from the previous year. This is compared to a 5.13% growth from 2018 and a 0.654% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

Instructional Salaries

$25.6M

Instructional Salaries

233

Number of Employees

In 2020, New York Institute of Technology paid a total of $25.6M to 233 employees working as instructors, which represents 21.2% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

108 Employees

Management

Most Common Non-Instructional Employee

190 Employees

In 2020, the most common positions for instructional staff at New York Institute of Technology were Associate professor with 108 employees; Assistant professor with 71 employees; and Assistant professor with 52 employees.

In 2020, the most common positions for non-instructional staff at New York Institute of Technology were Management with 190 employees; Office and Administrative Support with 66 employees; and Service with 52 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Associate professor
Female Associate professor
Male Assistant professor

In 2020, the most common demographic for instructional staff at New York Institute of Technology was Male Associate professor with 60 employees, Female Associate professor with 48 employees, and Male Assistant professor with 40 employees.

This chart shows the sex split between each academic rank present at New York Institute of Technology.