New York Institute of Technology

www.nyit.edu

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2022 Undergraduate Tuition

$39,960

4.99% growth from 2021

2022 Average Net Price

$22,494

After Financial Aid

2019 Default Rate

1.57%

on Student Loans

2022 Acceptance Rate

75.7%

11,537 Applicants

2022 Enrolled Students

6,906

87% Full-Time

2022 Graduation Rate

54.8%

372 Graduates

About

New York Institute of Technology is a higher education institution located in Nassau County, NY. In 2022, the most popular Professional Doctorate concentrations at New York Institute of Technology were Osteopathic Medicine/Osteopathy (396 degrees awarded) and Physical Therapy (37 degrees).

In 2022, 1,739 degrees were awarded across all undergraduate and graduate programs at New York Institute of Technology. 47.4% of these degrees were awarded to women, and 52.6% awarded men. The most common race/ethnicity group of degree recipients was white (599 degrees), 1.64 times more than then the next closest race/ethnicity group, asian (365 degrees).

The median undergraduate tuition at New York Institute of Technology is $39,960, which is $15,964 more than the national average for Masters Colleges and Universities ($23,996).

In 2019 the default rate for borrower's at New York Institute of Technology was 1.57%, corresponding to 22 out of the 1402 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at New York Institute of Technology is $39,960, which is $15,964 more than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $22,494.

In 2022, 92% of undergraduate students attending New York Institute of Technology received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Tuition Costs

$39,960

2022 Undergraduate Tuition

In 2022, the cost of tuition at New York Institute of Technology was $39,960. The cost of tuition at New York Institute of Technology is $15,964 more than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

Average Net Price

$22,494

2022 Value

1.08%

1 Year Growth

In 2022 New York Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $22,494. Between 2021 and 2022, the average net price of New York Institute of Technology grew by 1.08%.

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

$16,525

Room and Board

$1,072

Books and Supplies

The average yearly cost of room and board at New York Institute of Technology was of $16,525 in 2022. The cost of room and board increased by 7.72% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,072. The cost of books and supplies decreased by 2.9% 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

92%

Undergraduates Receiving Financial Aid through Grants

46%

Undergraduates Receiving Financial Aid through Loans

92% of undergraduate students at New York Institute of Technology received financial aid through grants or loans in 2022. This represents a growth of 3.37% with respect to 2021, when 89% 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 11,537 undergraduate applications in 2022, which represents a 10.2% annual growth. Out of those 11,537 applicants, 8,736 students were accepted for enrollment, representing a 75.7% acceptance rate.

There were 6,906 students enrolled at New York Institute of Technology in 2022. 46% of first-time enrollees submitted SAT scores with their applications.

New York Institute of Technology has an overall enrollment yield of 10.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

75.7%

Acceptance Rate in 2022

8,736

Accepted Out of 11,537

In 2022, the undergraduate acceptance rate of New York Institute of Technology was 75.7% (8,736 admissions from 11,537 applications). This is lower than the acceptance rate of 2021, which was 80.4%. Between 2021 and 2022, the number of applicants grew by 10.2%, while admissions grew by 3.85%.

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 (2022)

400

Scores Submitted (2022)

46% of enrolled first-time students at New York Institute of Technology in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

New York Institute of Technology had a total enrollment of 6,906 students in 2022. The full-time enrollment at New York Institute of Technology is 6,009 students and the part-time enrollment is 897. This means that 87% 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 28% White, 24.8% Asian, 13.7% Hispanic or Latino, 8.22% Black or African American, 3.29% Two or More Races, 0.203% Native Hawaiian or Other Pacific Islanders, and 0.159% American Indian or Alaska Native.

Students enrolled at New York Institute of Technology in full-time Undergraduate programs are most commonly Asian Male (15.9%), followed by Hispanic or Latino Male (13.6%) and White Male (13.3%). Students enrolled in full-time Graduate programs are most commonly White Female (18.9%), followed by White Male (16.9%) and Asian Female (13.3%).

Full-Time vs Part-Time Enrollment

87%

Full-Time Enrollment

The total enrollment at New York Institute of Technology in 2022, both undergraduate and graduate, is 6,906 students. The full-time enrollment at New York Institute of Technology is 6,009 and the part-time enrollment is 897. This means that 87% of students enrolled at New York Institute of Technology are enrolled full-time compared with N/A% 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%

2022 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 (2022)

White
1,936 enrolled students
Asian
1,712 enrolled students
Hispanic or Latino
949 enrolled students

The enrolled student population at New York Institute of Technology is 28% White, 24.8% Asian, 13.7% Hispanic or Latino, 8.22% Black or African American, 3.29% Two or More Races, 0.203% Native Hawaiian or Other Pacific Islanders, and 0.159% 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 51.2% White, 17.3% 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, 469 students (6.79%) did not report their race.

Graduates

In 2022, 91 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 (599 degrees awarded). There were 1.64 times more white recipients than the next closest race/ethnicity group, asian (365 degrees).

The most common Professional Doctorate concentration at New York Institute of Technology is Osteopathic Medicine/Osteopathy (396 degrees awarded), followed by Physical Therapy (37 degrees).

In 2022, 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 Communication Technologies (36 degrees awarded), Computer and Information Sciences and Support Services (276 degrees), and Engineering Technologies (69 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 (1,003,928 people), Other managers (502,678 people), Physicians (420,075 people), Miscellaneous engineers, including nuclear engineers (392,854 people), and Civil engineers (292,075 people).

The most specialized majors at New York Institute of Technology in 2022 are Communication Technologies (36 degrees awarded), Computer and Information Sciences and Support Services (276 degrees), Engineering Technologies (69 degrees), Biology (146 degrees), and Engineering (134 degrees) (as of 2022).

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 Architectural & engineering managers

The most specialized majors at New York Institute of Technology are Communication Technologies (36 degrees awarded), Computer and Information Sciences and Support Services (276 degrees), Engineering Technologies (69 degrees), Biology (146 degrees), and Engineering (134 degrees) (as of 2022).

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 (1,059,874 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (564,900 people), Architectural, engineering & related services (494,935 people), Colleges, universities & professional schools, including junior colleges (492,328 people), and Construction (360,025 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 (2022)

General Computer & Information Sciences
98 degrees awarded
General Biological Sciences
92 degrees awarded
Registered Nursing
56 degrees awarded

In 2022, the most common bachelors degree concentration at New York Institute of Technology was General Computer & Information Sciences with 98 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

915

Degrees Awarded to Men

in 2022

824

Degrees Awarded to Women

in 2022

In 2022, 915 degrees were awarded to men at New York Institute of Technology, which is 1.11 times more than the number of degrees awarded to females (824).

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 2022, 209 degrees were awarded to men at New York Institute of Technology in Osteopathic Medicine/Osteopathy, which is 1.12 times more than the 187 female recipients with that same degree.

Most Common Female Majors

In 2022, 187 degrees were awarded to men at New York Institute of Technology in Osteopathic Medicine/Osteopathy, which is 0.895 times less than the 209 male recipients with that same degree.

Time to Complete

33%

100% Completion Time

50%

150% Completion Time

In 2022, 33% 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, 50% completed their degrees within 150% of the normal time, and 51% 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 Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at New York Institute of Technology is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 5.11% of graduates (19 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
599 degrees awarded
Asian
365 degrees awarded
Hispanic or Latino
208 degrees awarded

The most common race/ethnicity at New York Institute of Technology is white (599 degrees awarded). There were 1.64 times more white recipients than the next closest race/ethnicity group, asian (365 degrees).

5.23% of degree recipients (91 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
309 degrees awarded
White Female
290 degrees awarded
Asian Male
188 degrees awarded

The most common race/ethnicity and sex grouping at New York Institute of Technology is white male (309 degrees awarded). There were 1.07 times more white male recipients than the next closest race/ethnicity group, white female (290 degrees).

Operations

New York Institute of Technology has an endowment valued at nearly $78.2M, as of the end of the 2022 fiscal year. The return on its endowment was of −2.87M (−3.67%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, New York Institute of Technology had a total salary expenditure of 255M. New York Institute of Technology employs 104 Associate professors, 61 Assistant professors and 38 Professors. Most academics at New York Institute of Technology are Male Associate professor (59), Female Associate professor (45), and Female Assistant professor (31).

The most common positions for non-instructional staff at New York Institute of Technology are: Management, with 184 employees, Service, with 56 employees, and Office and Administrative Support with 51 employees.

Endowment

$78.2M

2022 Endowment

22.5%

decline from 2021

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

$15.2M - Federal
$1.54M - State
$269k - Local

As of 2022, New York Institute of Technology received $15.2M in grants and contracts from the federal government, $1.54M from state grants and contracts, and $269k from local grants and contracts.

Salary Expenditure

$106M

2022 Salaries

3.28%

decline from 2021

In 2022, New York Institute of Technology paid a median of $106M in salaries, which represents 41.7% of their overall expenditure ($255M) and a 3.28% decline from the previous year. This is compared to a 9.04% decline between 2020 and 2021, and a 0.0429% growth between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$23.7M

Instructional Salaries

205

Number of Employees

In 2022, New York Institute of Technology paid a total of $23.7M to 205 employees working as instructors, which represents 22.3% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Associate professor

Most Common Instructor

104 Employees

Management

Most Common Non-Instructional Employee

184 Employees

In 2022, the most common positions for instructional staff at New York Institute of Technology were Associate professor with 104 employees, Assistant professor with 61 employees, and Professor with 38 employees.

In 2022, the most common positions for non-instructional staff at New York Institute of Technology were Management with 184 employees, Service with 56 employees, and Office and Administrative Support with 51 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Associate professor
Female Associate professor
Female Assistant professor

In 2022, the most common demographic for instructional staff at New York Institute of Technology was Male Associate professor with 59 employees, Female Associate professor with 45 employees, and Female Assistant professor with 31 employees.

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

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