New York Institute of Technology

www.nyit.edu

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2024 Undergraduate Tuition
$44,060
5% growth from 2023
2024 Average Net Price
$24,688
After Financial Aid
2024 Acceptance Rate
81%
13,237 Applicants
2024 Enrolled Students
6,877
87.5% Full-Time
2024 Graduation Rate
58.9%
494 Graduates

About

New York Institute of Technology is a higher education institution located in Nassau County, NY. In 2024, the most popular Professional Doctorate concentrations at New York Institute of Technology were Osteopathic Medicine/Osteopathy (391 degrees awarded) and Occupational Therapy (28 degrees).

In 2024, 1,743 degrees were awarded across all undergraduate and graduate programs at New York Institute of Technology. 49.3% of these degrees were awarded to women, and 50.7% awarded men. The most common race/ethnicity group of degree recipients was white (505 degrees), 1.35 times more than then the next closest race/ethnicity group, asian (375 degrees).

The median undergraduate tuition at New York Institute of Technology is $44,060, which is $18,772 more than the national average for Masters Colleges and Universities ($25,288).

Masters Colleges & Universities: Larger ProgramsMasters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at New York Institute of Technology is $44,060, which is $18,772 more than the national average for Masters Colleges and Universities ($25,288).

After taking grants and loans into account, the average net price for students is $24,688.

In 2024, 95% of undergraduate students attending New York Institute of Technology received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Tuition Costs

$44,060
2024 Undergraduate Tuition

In 2024, the cost of tuition at New York Institute of Technology was $44,060. The cost of tuition at New York Institute of Technology is $18,772 more than than the overall (public and private) national average for Masters Colleges and Universities ($25,288).

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

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Average Net Price

$24,688
2024 Value
6.99%
1 Year Growth

In 2024 New York Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $24,688. Between 2023 and 2024, the average net price of New York Institute of Technology grew by 6.99%.

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.

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Other Student Expenses

$19,598
Room and Board
$1,500
Books and Supplies

The average yearly cost of room and board at New York Institute of Technology was of $19,598 in 2024. The cost of room and board increased by 16.1% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies increased by 8.7% during the same period.

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

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Financial Aid by Income Level

95%
Undergraduates Receiving Financial Aid through Grants
45%
Undergraduates Receiving Financial Aid through Loans

95% of undergraduate students at New York Institute of Technology received financial aid through grants or loans in 2024. This represents a growth of 5.56% with respect to 2023, when 90% 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.

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Admissions

New York Institute of Technology received 13,237 undergraduate applications in 2024, which represents a 17.7% annual growth. Out of those 13,237 applicants, 10,725 students were accepted for enrollment, representing a 81% acceptance rate.

There were 6,877 students enrolled at New York Institute of Technology in 2024. 22% of first-time enrollees submitted SAT scores with their applications.

New York Institute of Technology has an overall enrollment yield of 8.47%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

81%
Acceptance Rate in 2024
10,725
Accepted Out of 13,237

In 2024, the undergraduate acceptance rate of New York Institute of Technology was 81% (10,725 admissions from 13,237 applications). This is higher than the acceptance rate of 2023, which was 78.1%. Between 2023 and 2024, the number of applicants grew by 17.7%, while admissions grew by 22.1%.

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.

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SAT Scores

22%
Submission Percentage (2024)
198
Scores Submitted (2024)

22% of enrolled first-time students at New York Institute of Technology 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

New York Institute of Technology had a total enrollment of 6,877 students in 2024. The full-time enrollment at New York Institute of Technology is 6,015 students and the part-time enrollment is 862. This means that 87.5% 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 26.9% Asian, 26.8% White, 16% Hispanic or Latino, 9.02% Black or African American, 3.11% Two or More Races, 0.364% American Indian or Alaska Native, and 0.262% Native Hawaiian or Other Pacific Islanders.

Students enrolled at New York Institute of Technology in full-time Undergraduate programs are most commonly Asian Male (17.3%), followed by Hispanic or Latino Male (14.4%) and White Male (13%). Students enrolled in full-time Graduate programs are most commonly White Female (18.1%), followed by White Male (15.9%) and Asian Female (14.4%).

Full-Time vs Part-Time Enrollment

87.5%
Full-Time Enrollment

The total enrollment at New York Institute of Technology in 2024, both undergraduate and graduate, is 6,877 students. The full-time enrollment at New York Institute of Technology is 6,015 and the part-time enrollment is 862. This means that 87.5% of students enrolled at New York Institute of Technology are enrolled full-time compared with 68.6% 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.

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Retention Rate over Time

78%
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 New York Institute of Technology was 78%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. Asian
    1,849 enrolled students
  2. White
    1,843 enrolled students
  3. Hispanic or Latino
    1,101 enrolled students

The enrolled student population at New York Institute of Technology is 26.9% Asian, 26.8% White, 16% Hispanic or Latino, 9.02% Black or African American, 3.11% Two or More Races, 0.364% American Indian or Alaska Native, and 0.262% 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 Masters Colleges and Universities is 48.8% White, 18.2% Hispanic or Latino, and 13.7% 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, 275 students (4%) did not report their race.

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Graduates

In 2024, 25 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 (505 degrees awarded). There were 1.35 times more white recipients than the next closest race/ethnicity group, asian (375 degrees).

The most common Professional Doctorate concentration at New York Institute of Technology is Osteopathic Medicine/Osteopathy (391 degrees awarded), followed by Occupational Therapy (28 degrees).

In 2024,  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 (144 degrees awarded), Computer and Information Sciences and Support Services (388 degrees), and Biology (129 degrees).

Common Jobs by Major

Registered nurses
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 Registered nurses (1,578,763 people), Software developers (701,237 people), Physicians (513,283 people), Other managers (331,911 people), and Medical & health services managers (211,506 people).

The most specialized majors at New York Institute of Technology in 2024 are Architecture and Related Services (144 degrees awarded), Computer and Information Sciences and Support Services (388 degrees), Biology (129 degrees), Health (658 degrees), and Engineering Technologies (54 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 New York Institute of Technology are Surgeons, Cardiovascular technologists and technicians, Actuaries, Physicians, and Magnetic resonance imaging technologists

The most specialized majors at New York Institute of Technology are Architecture and Related Services (144 degrees awarded), Computer and Information Sciences and Support Services (388 degrees), Biology (129 degrees), Health (658 degrees), and Engineering Technologies (54 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 New York Institute of Technology are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (2,134,629 people), Computer Systems Design (757,130 people), Colleges, universities & professional schools, including junior colleges (510,422 people), Elementary & secondary schools (477,467 people), and Offices of physicians (394,918 people).

The most specialized majors at New York Institute of Technology are Architecture and Related Services (144 degrees awarded), Computer and Information Sciences and Support Services (388 degrees), Biology (129 degrees), Health (658 degrees), and Engineering Technologies (54 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 New York Institute of Technology.
Most Common (2024)
  1. Architectural & Building Sciences & Technology
    100 degrees awarded
  2. General Biological Sciences
    85 degrees awarded
  3. Registered Nursing
    67 degrees awarded

In 2024, the most common bachelors degree concentration at New York Institute of Technology was Architectural & Building Sciences & Technology with 100 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.

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Sex Breakdown for Common Majors

884
Degrees Awarded to Men
in 2024
859
Degrees Awarded to Women
in 2024

In 2024, 884 degrees were awarded to men at New York Institute of Technology, which is 1.03 times more than the number of degrees awarded to females (859).

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

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Most Common Male Majors

In 2024, 186 degrees were awarded to men at New York Institute of Technology in Osteopathic Medicine/Osteopathy, which is 0.907 times less than the 205 female recipients with that same degree.

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Most Common Female Majors

In 2024, 205 degrees were awarded to men at New York Institute of Technology in Osteopathic Medicine/Osteopathy, which is 1.1 times more than the 186 male recipients with that same degree.

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Time to Complete

38%
100% Completion Time
55%
150% Completion Time

In 2024, 38% 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, 55% completed their degrees within 150% of the normal time, and 56% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (92.3%)

The student demographic with the highest graduation rate in 2024 at New York Institute of Technology is Female and Two or More Races (92.3% graduation rate). Across all Masters Colleges and 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, 2.87% of graduates (14 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    505 degrees awarded
  2. Asian
    375 degrees awarded
  3. Hispanic or Latino
    167 degrees awarded

The most common race/ethnicity at New York Institute of Technology is white (505 degrees awarded). There were 1.35 times more white recipients than the next closest race/ethnicity group, asian (375 degrees).

3.73% of degree recipients (65 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    262 degrees awarded
  2. White Male
    243 degrees awarded
  3. Asian Female
    194 degrees awarded

The most common race/ethnicity and sex grouping at New York Institute of Technology is white female (262 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white male (243 degrees).

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Operations

New York Institute of Technology has an endowment valued at nearly $117M, as of the end of the 2024 fiscal year. The return on its endowment was of 4.11M (3.52%) compared to the 9.96% average return (5.41M on 54.3M) across all Masters Colleges and Universities.

In 2024, New York Institute of Technology had a total salary expenditure of 278M. New York Institute of Technology employs 109 Associate professors, 71 Assistant professors and 45 Professors. Most academics at New York Institute of Technology are Male Associate professor (58), Female Associate professor (51), and Male Assistant professor (42).

The most common positions for non-instructional staff at New York Institute of Technology are: Management, with 210 employees, Office and Administrative Support, with 60 employees, and Service with 57 employees.

Endowment

$117M
2024 Endowment
16.8%
growth from 2023

New York Institute of Technology has an endowment valued at about $117M, as of the end of the 2024 fiscal year. The endowment of New York Institute of Technology grew 16.8% from the previous year. The value of their endowment was $62.6M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $4.2M - Federal
  2. $2.25M - State
  3. $204k - Local

As of 2024, New York Institute of Technology received $4.2M in grants and contracts from the federal government, $2.25M from state grants and contracts, and $204k from local grants and contracts.

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Salary Expenditure

$117M
2024 Salaries
0%
growth from 2023

In 2024, New York Institute of Technology paid a median of $117M in salaries, which represents 42.2% of their overall expenditure ($278M) and a 0% growth from the previous year.

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Instructional Salaries

$27.6M
Instructional Salaries
227
Number of Employees

In 2024, New York Institute of Technology paid a total of $27.6M to 227 employees working as instructors, which represents 23.5% of all salaries paid.

This is compared to a median of $1.15M (2.91%) for similar Masters Colleges and Universities.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at New York Institute of Technology were Management with 210 employees, Office and Administrative Support with 60 employees, and Service with 57 employees.

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