New York Institute of Technology

www.nyit.edu/

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2021 Undergraduate Tuition

$38,060

2021 Average Net Price

$22,739

After Financial Aid

2019 Student Loan

1.57%

Default Rate

2021 Acceptance Rate

80.4%

10,469 Applicants

2021 Enrolled Students

6,696

86.9% Full-Time

2021 Graduation Rate

55.5%

387 Graduates

About

New York Institute of Technology is a higher education institution located in Nassau County, NY. In 2021, the most popular Professional Doctorate concentrations at New York Institute of Technology were Osteopathic Medicine/Osteopathy. (435 degrees awarded) and Physical Therapy (38 degrees).

In 2021, 2,042 degrees were awarded across all undergraduate and graduate programs at New York Institute of Technology. 48.6% of these degrees were awarded to women, and 51.4% awarded men. The most common race/ethnicity group of degree recipients was white (561 degrees), 1.24 times more than then the next closest race/ethnicity group, asian (453 degrees).

The median undergraduate tuition at New York Institute of Technology is $38,060, which is $14,876 more than the national average for Masters Colleges and Universities ($23,184).

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2021, the median undergraduate tuition at New York Institute of Technology is $38,060, which is $14,876 more than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $22,739.

In 2021, 89% of undergraduate students attending New York Institute of Technology received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$38,060

2021 Undergraduate Tuition

In 2021, the cost of tuition at New York Institute of Technology was $38,060. The cost of tuition at New York Institute of Technology is $14,876 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

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

Average Net Price

$22,739

2021 Value

3.77%

1 Year Growth

In 2021 New York Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $22,739. Between 2020 and 2021, the average net price of New York Institute of Technology grew by 3.77%.

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

$15,340

Room and Board

$1,104

Books and Supplies

The average yearly cost of room and board at New York Institute of Technology was of $15,340 in 2021. The cost of room and board decreased by 4.36% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,104. 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

89%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

89% of undergraduate students at New York Institute of Technology received financial aid through grants or loans in 2021. This represents a growth of 1.14% with respect to 2020, when 88% 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.

1.57%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at New York Institute of Technology was 1.57%, which represents 22 out of the 1402 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 10,469 undergraduate applications in 2021, which represents a 4.89% annual growth. Out of those 10,469 applicants, 8,412 students were accepted for enrollment, representing a 80.4% acceptance rate.

There were 6,696 students enrolled at New York Institute of Technology in 2021. 46% of first-time enrollees submitted SAT scores with their applications.

New York Institute of Technology has an overall enrollment yield of 11.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80.4%

Acceptance Rate in 2021

8,412

Accepted Out of 10,469

In 2021, the undergraduate acceptance rate of New York Institute of Technology was 80.4% (8,412 admissions from 10,469 applications). This is higher than the acceptance rate of 2020, which was 74.7%. Between 2020 and 2021, the number of applicants grew by 4.89%, while admissions grew by 2.34%..

This chart compares the acceptance rate of New York Institute of Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

46%

Submission Percentage (2021)

440

Scores Submitted (2021)

46% of enrolled first-time students at New York Institute of Technology 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

New York Institute of Technology had a total enrollment of 6,696 students in 2021. The full-time enrollment at New York Institute of Technology is 5,817 students and the part-time enrollment is 879. This means that 86.9% 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 31.9% White, 24.8% Asian, 13.9% Hispanic or Latino, 8.71% Black or African American, 3.58% Two or More Races, 0.284% Native Hawaiian or Other Pacific Islanders, and 0.149% American Indian or Alaska Native.

Students enrolled at New York Institute of Technology in full-time Undergraduate programs are most commonly Asian Male (14.7%), followed by White Male (14.6%) and Hispanic or Latino Male (12.8%). Students enrolled in full-time Graduate programs are most commonly White Female (21.9%), followed by White Male (19.2%) and Asian Female (15.3%).

Full-Time vs Part-Time Enrollment

86.9%

Full-Time Enrollment

The total enrollment at New York Institute of Technology in 2021, both undergraduate and graduate, is 6,696 students. The full-time enrollment at New York Institute of Technology is 5,817 and the part-time enrollment is 879. This means that 86.9% of students enrolled at New York Institute of Technology are enrolled full-time compared with 68.3% 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

77%

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 New York Institute of Technology was 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), 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 (2021)

White
2,136 enrolled students
Asian
1,662 enrolled students
Hispanic or Latino
933 enrolled students

The enrolled student population at New York Institute of Technology is 31.9% White, 24.8% Asian, 13.9% Hispanic or Latino, 8.71% Black or African American, 3.58% Two or More Races, 0.284% Native Hawaiian or Other Pacific Islanders, and 0.149% 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% White, 16.9% Hispanic or Latino, and 12.8% 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, 400 students (5.97%) did not report their race.

Graduates

In 2021, 58 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 (561 degrees awarded). There were 1.24 times more white recipients than the next closest race/ethnicity group, asian (453 degrees).

The most common Professional Doctorate concentration at New York Institute of Technology is Osteopathic Medicine/Osteopathy. (435 degrees awarded), followed by Physical Therapy (38 degrees).

In 2021, 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 (116 degrees awarded), Communication Technologies (35 degrees), and Computer and Information Sciences and Support Services (301 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 (890,057 people), Other managers (424,715 people), Miscellaneous engineers, including nuclear engineers (373,537 people), Civil engineers (272,303 people), and Mechanical engineers (205,524 people).

The most specialized majors at New York Institute of Technology in 2021 are Architecture and Related Services (116 degrees awarded), Communication Technologies (35 degrees), Computer and Information Sciences and Support Services (301 degrees), Engineering Technologies (82 degrees), and Engineering (179 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 New York Institute of Technology are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Magnetic resonance imaging technologists

The most specialized majors at New York Institute of Technology are Architecture and Related Services (116 degrees awarded), Communication Technologies (35 degrees), Computer and Information Sciences and Support Services (301 degrees), Engineering Technologies (82 degrees), and Engineering (179 degrees) (as of 2021).

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 (966,239 people), Architectural, engineering & related services (579,815 people), Construction (345,868 people), Colleges, universities & professional schools, including junior colleges (251,779 people), and Management, scientific & technical consulting services (195,047 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 (2021)

General Biological Sciences
106 degree-majors awarded
Architectural & Building Sciences & Technology
101 degree-majors awarded
General Computer & Information Sciences
98 degree-majors awarded

In 2021, the most common bachelors degree concentration at New York Institute of Technology was General Biological Sciences with 106 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

1,050

Degrees Awarded to Men

in 2021

992

Degrees Awarded to Women

in 2021

In 2021, 1,050 degrees were awarded to men at New York Institute of Technology, which is 1.06 times more than the number of degrees awarded to females (992).

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 2021, 226 degrees were awarded to men at New York Institute of Technology in Osteopathic Medicine/Osteopathy., which is 1.08 times more than the 209 female recipients with that same degree.

Most Common Female Majors

In 2021, 209 degrees were awarded to men at New York Institute of Technology in Osteopathic Medicine/Osteopathy., which is 0.925 times less than the 226 male recipients with that same degree.

Time to Complete

32%

100% Completion Time

54%

150% Completion Time

In 2021, 32% 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, 54% completed their degrees within 150% of the normal time, and 55% 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at New York Institute of Technology is Male and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and 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, 8.79% of graduates (34 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
561 degrees awarded
Asian
453 degrees awarded
Hispanic or Latino
207 degrees awarded

The most common race/ethnicity at New York Institute of Technology is white (561 degrees awarded). There were 1.24 times more white recipients than the next closest race/ethnicity group, asian (453 degrees).

7.98% of degree recipients (163 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
285 degrees awarded
White Female
276 degrees awarded
Asian Female
229 degrees awarded

The most common race/ethnicity and sex grouping at New York Institute of Technology is white male (285 degrees awarded). There were 1.03 times more white male recipients than the next closest race/ethnicity group, white female (276 degrees).

Operations

New York Institute of Technology has an endowment valued at nearly $101M, as of the end of the 2021 fiscal year. The return on its endowment was of 5.22M (5.18%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, New York Institute of Technology had a total salary expenditure of 253M. New York Institute of Technology employs 96 Associate professors, 62 Assistant professors and 44 Professors. Most academics at New York Institute of Technology are Male Associate professor (53), Female Associate professor (43), and Male Assistant professor (34).

The most common positions for non-instructional staff at New York Institute of Technology are: Management, with 178 employees, Office and Administrative Support, with 55 employees, and Service with 54 employees.

Endowment

$101M

2021 Endowment

19%

growth from 2020

New York Institute of Technology has an endowment valued at about $101M, as of the end of the 2021 fiscal year. The endowment of New York Institute of Technology grew 19% from the previous year. The value of their endowment was $50.5M 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

$10.9M - Federal
$1.8M - State
$58.5k - Local

As of 2021, New York Institute of Technology received $10.9M in grants and contracts from the federal government, $1.8M from state grants and contracts, and $58.5k from local grants and contracts.

Salary Expenditure

$110M

2021 Salaries

9.04%

decline from 2020

In 2021, New York Institute of Technology paid a median of $110M in salaries, which represents 43.5% of their overall expenditure ($253M) and a 9.04% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

Instructional Salaries

$23.2M

Instructional Salaries

204

Number of Employees

In 2021, New York Institute of Technology paid a total of $23.2M to 204 employees working as instructors, which represents 21% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

96 Employees

Management

Most Common Non-Instructional Employee

178 Employees

In 2021, the most common positions for instructional staff at New York Institute of Technology were Associate professor with 96 employees, Assistant professor with 62 employees, and Professor with 44 employees.

In 2021, the most common positions for non-instructional staff at New York Institute of Technology were Management with 178 employees, Office and Administrative Support with 55 employees, and Service with 54 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Female Associate professor
Male Assistant professor

In 2021, the most common demographic for instructional staff at New York Institute of Technology was Male Associate professor with 53 employees, Female Associate professor with 43 employees, and Male Assistant professor with 34 employees.

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