Rensselaer Polytechnic Institute

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2022 Undergraduate Tuition
$58,600
2.63% growth from 2021
2022 Average Net Price
$39,127
After Financial Aid
2019 Default Rate
0.525%
on Student Loans
2022 Acceptance Rate
64.5%
16,863 Applicants
2022 Enrolled Students
6,968
98.6% Full-Time
2022 Graduation Rate
83.8%
1,417 Graduates

About

Rensselaer Polytechnic Institute is a higher education institution located in Rensselaer County, NY. In 2022, the most popular Bachelors Degree concentrations at Rensselaer Polytechnic Institute were Computer Science (284 degrees awarded), Mechanical Engineering (212 degrees), and Aerospace, Aeronautical, & Astronautical Engineering (112 degrees).

In 2022, 2,071 degrees were awarded across all undergraduate and graduate programs at Rensselaer Polytechnic Institute. 32.2% of these degrees were awarded to women, and 67.8% awarded men. The most common race/ethnicity group of degree recipients was white (973 degrees), 3.09 times more than then the next closest race/ethnicity group, asian (315 degrees).

The median undergraduate tuition at Rensselaer Polytechnic Institute is $58,600, which is $28,450 more than the national average for Doctoral Universities ($30,150).

Costs

In 2022, the median undergraduate tuition at Rensselaer Polytechnic Institute is $58,600, which is $28,450 more than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $39,127.

In 2022, 86% of undergraduate students attending Rensselaer Polytechnic Institute received financial aid through grants. Comparatively, 48% of undergraduate students received financial aid through loans.

Tuition Costs

$58,600
2022 Undergraduate Tuition

In 2022, the cost of tuition at Rensselaer Polytechnic Institute was $58,600. The cost of tuition at Rensselaer Polytechnic Institute is $28,450 more than than the overall (public and private) national average for Doctoral Universities ($30,150).

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Average Net Price

$39,127
2022 Value
2.35%
1 Year Growth

In 2022 Rensselaer Polytechnic Institute had an average net price — the price paid after factoring in grants and loans — of $39,127. Between 2021 and 2022, the average net price of Rensselaer Polytechnic Institute grew by 2.35%.

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

$16,379
Room and Board
$1,250
Books and Supplies

The average yearly cost of room and board at Rensselaer Polytechnic Institute was of $16,379 in 2022. The cost of room and board increased by 2.66% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,250. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

86%
Undergraduates Receiving Financial Aid through Grants
48%
Undergraduates Receiving Financial Aid through Loans

86% of undergraduate students at Rensselaer Polytechnic Institute received financial aid through grants or loans in 2022. This represents a decline of 1.15% with respect to 2021, when 87% 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.
0.525%
2019 Default Rate
6
Number of Defaults

In 2019 the default rate for borrower's at Rensselaer Polytechnic Institute was 0.525%, which represents 6 out of the 1143 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 16,863 undergraduate applications in 2022, which represents a 3.63% annual growth. Out of those 16,863 applicants, 10,878 students were accepted for enrollment, representing a 64.5% acceptance rate.

There were 6,968 students enrolled at Rensselaer Polytechnic Institute in 2022. 52% of first-time enrollees submitted SAT scores with their applications.

Rensselaer Polytechnic Institute has an overall enrollment yield of 18.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

64.5%
Acceptance Rate in 2022
10,878
Accepted Out of 16,863

In 2022, the undergraduate acceptance rate of Rensselaer Polytechnic Institute was 64.5% (10,878 admissions from 16,863 applications). This is higher than the acceptance rate of 2021, which was 53%. Between 2021 and 2022, the number of applicants grew by 3.63%, while admissions grew by 17.3%..

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

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SAT Scores

52%
Submission Percentage (2022)
1,042
Scores Submitted (2022)

52% of enrolled first-time students at Rensselaer Polytechnic Institute 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.

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Enrollment

Rensselaer Polytechnic Institute had a total enrollment of 6,968 students in 2022. The full-time enrollment at Rensselaer Polytechnic Institute is 6,868 students and the part-time enrollment is 100. This means that 98.6% of students enrolled at Rensselaer Polytechnic Institute are enrolled full-time.

The enrolled student population at Rensselaer Polytechnic Institute, both undergraduate and graduate, is 41.6% White, 17.7% Asian, 10% Hispanic or Latino, 5.14% Two or More Races, 4.58% Black or African American, 0.0718% American Indian or Alaska Native, and 0.0144% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Rensselaer Polytechnic Institute in full-time Undergraduate programs are most commonly White Male (28.7%), followed by White Female (13.9%) and Asian Male (12.8%). Students enrolled in full-time Graduate programs are most commonly White Male (23.1%), followed by White Female (12.1%) and Asian Female (4.56%).

Full-Time vs Part-Time Enrollment

98.6%
Full-Time Enrollment

The total enrollment at Rensselaer Polytechnic Institute in 2022, both undergraduate and graduate, is 6,968 students. The full-time enrollment at Rensselaer Polytechnic Institute is 6,868 and the part-time enrollment is 100. This means that 98.6% of students enrolled at Rensselaer Polytechnic Institute are enrolled full-time compared with 77.4% 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

89%
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 Rensselaer Polytechnic Institute was 89%. Compared with the full-time retention rate at similar Doctoral Universities (84%), 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 (2022)
  1. White
    2,901 enrolled students
  2. Asian
    1,235 enrolled students
  3. Hispanic or Latino
    697 enrolled students

The enrolled student population at Rensselaer Polytechnic Institute is 41.6% White, 17.7% Asian, 10% Hispanic or Latino, 5.14% Two or More Races, 4.58% Black or African American, 0.0718% American Indian or Alaska Native, and 0.0144% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 308 students (4.42%) did not report their race.

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Graduates

In 2022, 737 fewer women than men received degrees from Rensselaer Polytechnic Institute. The most common race/ethnicity group of degree recipients at Rensselaer Polytechnic Institute is white (973 degrees awarded). There were 3.09 times more white recipients than the next closest race/ethnicity group, asian (315 degrees).

The most common Bachelor's Degree concentration at Rensselaer Polytechnic Institute is Computer Science (284 degrees awarded), followed by Mechanical Engineering (212 degrees) and Aerospace, Aeronautical, & Astronautical Engineering (112 degrees).

In 2022,  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 (941 degrees awarded), Math & Statistics (126 degrees), and Physical Sciences (83 degrees).

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 (1,064,555 people), Other managers (490,819 people), Miscellaneous engineers, including nuclear engineers (414,226 people), Civil engineers (296,297 people), and Mechanical engineers (225,521 people).

The most specialized majors at Rensselaer Polytechnic Institute in 2022 are Engineering (941 degrees awarded), Math & Statistics (126 degrees), Physical Sciences (83 degrees), Computer and Information Sciences and Support Services (396 degrees), and Engineering Technologies (91 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Rensselaer Polytechnic Institute are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Rensselaer Polytechnic Institute are Engineering (941 degrees awarded), Math & Statistics (126 degrees), Physical Sciences (83 degrees), Computer and Information Sciences and Support Services (396 degrees), and Engineering Technologies (91 degrees) (as of 2022).

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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 (1,117,805 people), Architectural, engineering & related services (513,221 people), Colleges, universities & professional schools, including junior colleges (440,766 people), Construction (356,429 people), and Elementary & secondary schools (283,782 people).

The most specialized majors at Rensselaer Polytechnic Institute are Engineering (941 degrees awarded), Math & Statistics (126 degrees), Physical Sciences (83 degrees), Computer and Information Sciences and Support Services (396 degrees), and Engineering Technologies (91 degrees) (as of 2022).

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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 (2022)
  1. 284 degrees awarded
  2. 212 degrees awarded
  3. 112 degrees awarded

In 2022, the most common bachelors degree concentration at Rensselaer Polytechnic Institute was Computer Science with 284 degrees awarded.

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

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Sex Breakdown for Common Majors

1,404
Degrees Awarded to Men
in 2022
667
Degrees Awarded to Women
in 2022

In 2022, 1,404 degrees were awarded to men at Rensselaer Polytechnic Institute, which is 2.1 times more than the number of degrees awarded to females (667).

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

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Most Common Male Majors

In 2022, 259 degrees were awarded to men at Rensselaer Polytechnic Institute in Computer Science, which is 4.11 times more than the 63 female recipients with that same degree.

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Most Common Female Majors

In 2022, 66 degrees were awarded to men at Rensselaer Polytechnic Institute in Mechanical Engineering, which is 0.333 times less than the 198 male recipients with that same degree.

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Time to Complete

74%
100% Completion Time
87%
150% Completion Time

In 2022, 74% of students graduating from Rensselaer Polytechnic Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 87% 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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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 Rensselaer Polytechnic Institute is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral 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, 0.988% of graduates (14 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    973 degrees awarded
  2. Asian
    315 degrees awarded
  3. Hispanic or Latino
    181 degrees awarded

The most common race/ethnicity at Rensselaer Polytechnic Institute is white (973 degrees awarded). There were 3.09 times more white recipients than the next closest race/ethnicity group, asian (315 degrees).

2.12% of degree recipients (44 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    664 degrees awarded
  2. White Female
    309 degrees awarded
  3. Asian Male
    186 degrees awarded

The most common race/ethnicity and sex grouping at Rensselaer Polytechnic Institute is white male (664 degrees awarded). There were 2.15 times more white male recipients than the next closest race/ethnicity group, white female (309 degrees).

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Operations

Rensselaer Polytechnic Institute has an endowment valued at nearly $861M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−21.9%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Rensselaer Polytechnic Institute had a total salary expenditure of 416M. Rensselaer Polytechnic Institute employs 163 Professors, 136 Lecturers and 69 Associate professors. Most academics at Rensselaer Polytechnic Institute are Male Professor (132), Male Lecturer (94), and Male Associate professor (46).

The most common positions for non-instructional staff at Rensselaer Polytechnic Institute are: Service, with 154 employees, Management, with 139 employees, and Business and Financial Operations with 121 employees.

Endowment

$861M
2022 Endowment
19.2%
decline from 2021

Rensselaer Polytechnic Institute has an endowment valued at about $861M, as of the end of the 2022 fiscal year. The endowment of Rensselaer Polytechnic Institute declined 19.2% from the previous year. The value of their endowment was $488M 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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Salary Expenditure

$160M
2022 Salaries
0.631%
growth from 2021

In 2022, Rensselaer Polytechnic Institute paid a median of $160M in salaries, which represents 38.5% of their overall expenditure ($416M) and a 0.631% growth from the previous year.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

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Instructional Salaries

$50.7M
Instructional Salaries
430
Number of Employees

In 2022, Rensselaer Polytechnic Institute paid a total of $50.7M to 430 employees working as instructors, which represents 31.6% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
163 Employees
Service
Most Common Non-Instructional Employee
154 Employees

In 2022, the most common positions for instructional staff at Rensselaer Polytechnic Institute were Professor with 163 employees, Lecturer with 136 employees, and Associate professor with 69 employees.

In 2022, the most common positions for non-instructional staff at Rensselaer Polytechnic Institute were Service with 154 employees, Management with 139 employees, and Business and Financial Operations with 121 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Male Lecturer
  3. Male Associate professor

In 2022, the most common demographic for instructional staff at Rensselaer Polytechnic Institute was Male Professor with 132 employees, Male Lecturer with 94 employees, and Male Associate professor with 46 employees.

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

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