University of Toledo

www.utoledo.edu

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2024 Undergraduate Tuition
$10,102
3.58% growth from 2023
2024 Average Net Price
$17,844
After Financial Aid
2024 Acceptance Rate
92%
11,067 Applicants
2024 Enrolled Students
14,358
77.8% Full-Time
2024 Graduation Rate
57.9%
1,782 Graduates

About

University of Toledo is a higher education institution located in Lucas County, OH. In 2024, the most popular Bachelors Degree concentrations at University of Toledo were Registered Nursing (250 degrees awarded), General Marketing & Marketing Management (169 degrees), and Mechanical Engineering (137 degrees).

In 2024, 4,047 degrees were awarded across all undergraduate and graduate programs at University of Toledo. 53.7% of these degrees were awarded to women, and 46.3% awarded men. The most common race/ethnicity group of degree recipients was white (2,599 degrees), 8.47 times more than then the next closest race/ethnicity group, black or african american (307 degrees).

The median undergraduate tuition at University of Toledo is $10,102, which is $−21,750 less than the national average for Doctoral Universities ($31,852).

Photo by Qusai Al Shidi
Doctoral Universities: Higher Research ActivityDoctoral Universities

Costs

In 2024, the median undergraduate tuition at University of Toledo is $10,102, which is $21,750 less than the national average for Doctoral Universities ($31,852).

After taking grants and loans into account, the average net price for students is $17,844.

In 2024, 71% of undergraduate students attending University of Toledo received financial aid through grants. Comparatively, 36% of undergraduate students received financial aid through loans.

Tuition Costs

$10,102
2024 Undergraduate Tuition

In 2024, the cost of tuition at University of Toledo was $10,102. The cost of tuition at University of Toledo is $−21,750 less than than the overall (public and private) national average for Doctoral Universities ($31,852).

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

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Average Net Price

$17,844
2024 Value
0.463%
1 Year Growth

In 2024 University of Toledo had an average net price — the price paid after factoring in grants and loans — of $17,844. Between 2023 and 2024, the average net price of University of Toledo grew by 0.463%.

This chart compares the average net price of University of Toledo (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

$11,585
Room and Board
$1,240
Books and Supplies

The average yearly cost of room and board at University of Toledo was of $11,585 in 2024. The cost of room and board increased by 5.66% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,240. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at University of Toledo (in red) with that of similar universities.

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Financial Aid by Income Level

71%
Undergraduates Receiving Financial Aid through Grants
36%
Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at University of Toledo received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 71% of undergraduate students received financial aid.

This chart compares the average award discount at University of Toledo (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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Admissions

University of Toledo received 11,067 undergraduate applications in 2024, which represents a 1.05% annual growth. Out of those 11,067 applicants, 10,184 students were accepted for enrollment, representing a 92% acceptance rate.

There were 14,358 students enrolled at University of Toledo in 2024. 10% of first-time enrollees submitted SAT scores with their applications.

University of Toledo has an overall enrollment yield of 18.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

92%
Acceptance Rate in 2024
10,184
Accepted Out of 11,067

In 2024, the undergraduate acceptance rate of University of Toledo was 92% (10,184 admissions from 11,067 applications). This is lower than the acceptance rate of 2023, which was 94.8%. Between 2023 and 2024, the number of applicants declined by 1.05%, while admissions declined by 3.98%.

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

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SAT Scores

10%
Submission Percentage (2024)
191
Scores Submitted (2024)

10% of enrolled first-time students at University of Toledo in 2024 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

University of Toledo had a total enrollment of 14,358 students in 2024. The full-time enrollment at University of Toledo is 11,168 students and the part-time enrollment is 3,190. This means that 77.8% of students enrolled at University of Toledo are enrolled full-time.

The enrolled student population at University of Toledo, both undergraduate and graduate, is 62.6% White, 9.81% Black or African American, 6.22% Hispanic or Latino, 4.12% Asian, 2.84% Two or More Races, 0.16% American Indian or Alaska Native, and 0.0348% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Toledo in full-time Undergraduate programs are most commonly White Female (32.5%), followed by White Male (32.2%) and Black or African American Female (5.76%). Students enrolled in full-time Graduate programs are most commonly White Female (31.4%), followed by White Male (18.7%) and Asian Female (4.16%).

Full-Time vs Part-Time Enrollment

77.8%
Full-Time Enrollment

The total enrollment at University of Toledo in 2024, both undergraduate and graduate, is 14,358 students. The full-time enrollment at University of Toledo is 11,168 and the part-time enrollment is 3,190. This means that 77.8% of students enrolled at University of Toledo are enrolled full-time compared with 78.1% at similar Doctoral Universities.

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

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Retention Rate over Time

77%
2024 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 University of Toledo was 77%. Compared with the full-time retention rate at similar Doctoral Universities (84%), University of Toledo had a retention rate lower than its peers.

This chart shows the retention rate over time at University of Toledo (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    8,982 enrolled students
  2. Black or African American
    1,409 enrolled students
  3. Hispanic or Latino
    893 enrolled students

The enrolled student population at University of Toledo is 62.6% White, 9.81% Black or African American, 6.22% Hispanic or Latino, 4.12% Asian, 2.84% Two or More Races, 0.16% American Indian or Alaska Native, and 0.0348% 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 45.5% White, 16.4% Hispanic or Latino, and 10% 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, 645 students (4.49%) did not report their race.

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Graduates

In 2024, 299 more women than men received degrees from University of Toledo. The most common race/ethnicity group of degree recipients at University of Toledo is white (2,599 degrees awarded). There were 8.47 times more white recipients than the next closest race/ethnicity group, black or african american (307 degrees).

The most common Bachelor's Degree concentration at University of Toledo is Registered Nursing (250 degrees awarded), followed by General Marketing & Marketing Management (169 degrees) and Mechanical Engineering (137 degrees).

In 2024,  the most specialized majors across all degree types at University of Toledo, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (493 degrees awarded), Legal (141 degrees), and Biology (278 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 University of Toledo are Software developers (555,765 people), Physicians (492,331 people), Other managers (487,348 people), Miscellaneous engineers, including nuclear engineers (397,453 people), and Civil engineers (319,873 people).

The most specialized majors at University of Toledo in 2024 are Engineering (493 degrees awarded), Legal (141 degrees), Biology (278 degrees), Physical Sciences (57 degrees), and Natural Resources & Conservation (34 degrees) (as of 2024).

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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 University of Toledo are Surgeons, Diagnostic medical sonographers, Podiatrists, Physicians, and Nurse anesthetists

The most specialized majors at University of Toledo are Engineering (493 degrees awarded), Legal (141 degrees), Biology (278 degrees), Physical Sciences (57 degrees), and Natural Resources & Conservation (34 degrees) (as of 2024).

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Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at University of Toledo are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (634,664 people), Computer Systems Design (591,813 people), Colleges, universities & professional schools, including junior colleges (578,041 people), Architectural, engineering & related services (531,760 people), and Construction (370,730 people).

The most specialized majors at University of Toledo are Engineering (493 degrees awarded), Legal (141 degrees), Biology (278 degrees), Physical Sciences (57 degrees), and Natural Resources & Conservation (34 degrees) (as of 2024).

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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 University of Toledo.
Most Common (2024)
  1. Emergency Care Attendant (EMT Ambulance)
    6 degrees awarded
  2. Paralegal
    2 degrees awarded

In 2024, the most common 1 to 2 year postsecondary certificate concentration at University of Toledo was Emergency Care Attendant (EMT Ambulance) with 6 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at University of Toledo according to their major.

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Sex Breakdown for Common Majors

1,874
Degrees Awarded to Men
in 2024
2,173
Degrees Awarded to Women
in 2024

In 2024, 1,874 degrees were awarded to men at University of Toledo, which is 0.862 times less than the number of degrees awarded to females (2,173).

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

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Most Common Male Majors

In 2024, 133 degrees were awarded to men at University of Toledo in Mechanical Engineering, which is 12.1 times more than the 11 female recipients with that same degree.

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Most Common Female Majors

In 2024, 249 degrees were awarded to men at University of Toledo in Registered Nursing, which is 5.66 times more than the 44 male recipients with that same degree.

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Time to Complete

33%
100% Completion Time
57%
150% Completion Time

In 2024, 33% of students graduating from University of Toledo completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 57% completed their degrees within 150% of the normal time, and 59% 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.
Asian Female
Highest Graduation Rate (73.3%)

The student demographic with the highest graduation rate in 2024 at University of Toledo is Female and Asian (73.3% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

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, 2.59% of graduates (46 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    2,599 degrees awarded
  2. Black or African American
    307 degrees awarded
  3. Hispanic or Latino
    176 degrees awarded

The most common race/ethnicity at University of Toledo is white (2,599 degrees awarded). There were 8.47 times more white recipients than the next closest race/ethnicity group, black or african american (307 degrees).

4.35% of degree recipients (176 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    1,447 degrees awarded
  2. White Male
    1,152 degrees awarded
  3. Black or African American Female
    191 degrees awarded

The most common race/ethnicity and sex grouping at University of Toledo is white female (1,447 degrees awarded). There were 1.26 times more white female recipients than the next closest race/ethnicity group, white male (1,152 degrees).

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Operations

University of Toledo has an endowment valued at nearly $388M, as of the end of the 2024 fiscal year. The return on its endowment was of 41.4M (10.7%) compared to the 7.99% average return (38.5M on 482M) across all Doctoral Universities.

In 2024, University of Toledo had a total salary expenditure of 1.07B. University of Toledo employs 176 Professors, 138 Lecturers and 135 Associate professors. Most academics at University of Toledo are Male Professor (126), Female Lecturer (84), and Male Associate professor (76).

The most common positions for non-instructional staff at University of Toledo are: Management, with 268 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 185 employees, and Computer, Engineering, and Science with 153 employees.

Endowment

$388M
2024 Endowment
6.33%
growth from 2023

University of Toledo has an endowment valued at about $388M, as of the end of the 2024 fiscal year. The endowment of University of Toledo grew 6.33% from the previous year. The value of their endowment was $93.9M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of Toledo (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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Government Grants and Contracts

Grants & Contracts
  1. $51M - Federal
  2. $3.47M - State
  3. $616k - Local

As of 2024, University of Toledo received $51M in grants and contracts from the federal government, $3.47M from state grants and contracts, and $616k from local grants and contracts.

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Salary Expenditure

$468M
2024 Salaries
0%
growth from 2023

In 2024, University of Toledo paid a median of $468M in salaries, which represents 43.8% of their overall expenditure ($1.07B) and a 0% growth from the previous year.

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Instructional Salaries

$52M
Instructional Salaries
545
Number of Employees

In 2024, University of Toledo paid a total of $52M to 545 employees working as instructors, which represents 11.1% of all salaries paid.

This is compared to a median of $6.16M (2.17%) for similar Doctoral Universities.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at University of Toledo were Management with 268 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 185 employees, and Computer, Engineering, and Science with 153 employees.

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