Stevens Institute of Technology
Hoboken, New Jersey | Admissions Phone: 201-216-5194
E-mail: admissions@stevens.edu | Website: www.stevens.edu
ADMISSION
Admission Rate: 41%
Admission Rate - Men: 39%
Admission Rate - Women: 47%
EA Admission Rate: Not Offered
ED Admission Rate: 59%
Admission Rate (5-Year Trend): +3%
ED Admission Rate (5-Year Trend): N/A
% of Admits Attending (Yield): 26%
Transfer Admission Rate: 23%
# Offered Wait List: 1,503
# Accepted Wait List: 629
# Admitted Wait List: 0
SAT Reading/Writing (Middle 50%): 640-710
SAT Math (Middle 50%): 690-770
ACT Composite (Middle 50%): 30-33
Testing Policy: ACT/SAT Required
SAT Superscore: Yes
ACT Superscore: Yes
% Graduated in Top 10% of HS Class: 72%
% Graduated in Top 25% of HS Class: 96%
% Graduated in Top 50% of HS Class: 100%
ENROLLMENT
Total Undergraduate Enrollment: 3,431
% Part-Time: 0%
% Male: 71%
% Female: 29%
% Out-of-State: 36%
% Fraternity: 31%
% Sorority: 49%
% On-Campus (Freshman): 91%
% On-Campus (All Undergraduate): 60%
% African-American: 2%
% Asian: 15%
% Hispanic: 12%
% White: 67%
% Other: 0%
% Race or Ethnicity Unknown: 4%
% International: 4%
% Low-Income: 15%
ACADEMICS
Student-to-Faculty Ratio: 10:1
% of Classes Under 20: 37%
% of Classes Under 40: 83%
% Full-Time Faculty: 67%
% Full-Time Faculty w/ Terminal Degree: 95%
Top Programs
Business & Technology
Chemical Biology
Computer Science
Cybersecurity
Engineering
Quantitative Finance
Retention Rate: 95%
4-Year Graduation Rate: 45%
6-Year Graduation Rate: 87%
Curricular Flexibility: Somewhat Flexible
Academic Rating: 
FINANCIAL
Institutional Type: Private
In-State Tuition: $54,014
Out-of-State Tuition: $54,014
Room & Board: $15,770
Required Fees: N/A
Books & Supplies: $1,200
Avg. Need-Based Aid: $35,636
Avg. % of Need Met: 73%
Avg. Merit-Based Aid: $19,632
% Receiving Merit-Based Aid: 26%
Avg. Cumulative Debt: $40,588
% of Students Borrowing: 64%
CAREER
Who Recruits
1. MThree
2. Nasdaq
3. Bristol-Meyers Squibb
4. Calgene6
5. Nielsen
Notable Internships
1. iHeartMedia
2. Merck
3. Johnson & Johnson
Top Industries
1. Engineering
2. Information Technology
3. Business
4. Operations
5. Project Management
Top Employers
1. Verizon
2. JPMorgan Chase
3. Citi
4. Johnson & JOhnson
5. Pfizer
Where Alumni Work
1. New York City
2. Philadelphia
3. San Francisco
4. Washington, DC
5. Boston
Median Earnings
College Scorecard (Early Career): $89,200
EOP (Early Career): $92,100
PayScale (Mid-Career): $139,900
RANKINGS
Forbes: 152
Money: 212
U.S. News: 74 (T), National Universities
Wall Street Journal/THE: 160 (T)
Washington Monthly: 201, National Universities
Inside the Classroom
With the Manhattan skyline visible across the Hudson River, the Stevens Institute of Technology’s Hoboken, New Jersey, campus occupies prime real estate—but the school is not merely about its breathtaking panoramic view of the Big Apple. For this small but growing private research institution with a focus on engineering and business, proximity to New York City is an asset that translates into strong corporate connections, endless internship and co-op opportunities and, ultimately, exceptional job placement rates at top companies.
There are thirty-five undergraduate majors at Stevens across four undergraduate schools: the Schaefer School of Engineering & Science, the School of Business, the College of Arts and Letters, and the School of Systems and Enterprises. There is no core curriculum at Stevens as every set of requirements is school and major dependent. The only common academic experiences for all undergrads is a sequence of two College of Arts and Letters courses that every freshman must complete—Writing and Communications and Colloquium: Knowledge, Nature, Culture. Some engineering students complete a capstone senior design project that is often conducted in coordination with an industry sponsor.
Two-thirds of course sections have an enrollment of under thirty students, and 38 percent of sections contain fewer than twenty students. The student-to-faculty ratio is 10:1 but, of course, with over 2,000 graduate students some attention is diverted in their direction. Undergraduate research possibilities are plentiful and varied. Roughly 10 percent of each freshman class are invited to become Stevens Scholars, which guarantees a paid summer research experience with a faculty member. As a research university, the school also has close ties to industry and federally run labs that can lead to many additional research opportunities. Co-op experiences that also can involve research are embarked upon by slightly less than one-third of students. A number of study abroad programs are available with some of the most popular destinations being the United Kingdom, Belgium, Jamaica, China, Spain, Thailand, and Greece.
Engineering is, by far, the most common undergraduate major, and all programs within the Schaefer School of Engineering & Science are strong. Programs in computer science, cybersecurity, and quantitative finance also receive praise. Over 80 percent of the degrees granted at Stevens are in a STEM field, and most of the remaining grads major in business, finance, and accounting. It is uncommon for Stevens grads to pursue national fellowships or scholarships as they are traditionally focused on career or graduate school as their next step after graduation.
Outside the Classroom
A relatively low 64 percent of the undergraduate student body resides on campus in college-owned housing. Greek life is a major player on campus as fraternities and sororities attract 1,100 students—37 percent of the undergrad population. Greek houses are community service oriented and work closely with charitable organizations including Big Brothers Big Sisters, the Hoboken Shelter, and the Food Bank of New Jersey. Student-athletes participate on one of twenty-six NCAA Division III varsity athletic teams known as the Ducks. There are an additional sixteen intercollegiate club sports teams and a robust intramural program featuring flag football, three-on-three basketball, and floor hockey. There are over one hundred clubs and activities to join. For the extremely adventurous, the Outdoor Adventure Program plans trips to locales like Costa Rica, Utah, and the Grand Canyon. The Stevens Honor System is taken seriously and permeates beyond academic life into the social realm. An Honor Board and Student Government Association are in place to enforce shared values and enhance the student experience. Students publish a weekly student newspaper and run campus radio and television stations. Hoboken is only one jam-packed square mile of land, making it immensely walkable. For those of age, the town holds the distinction of most bars per capita. Running alongside the Hudson is an aesthetically pleasing option and, perhaps best of all, New York City is only fifteen minutes away.
Career Services
The Stevens Career Center is made up of six professional employees who work with undergraduate students as advisors, cooperative education coordinators, or in a director/assistant director capacity; two additional members work exclusively with the university’s graduate students. The student-to-advisor ratio of 572:1, which ranks in the average range when compared against other schools featured in this guide, yet Stevens’ career services offerings are as strong as they come. This is a career services office that works hard to forge corporate connections and, as a result, 80 percent of seniors have secured competitive employment prior to graduation.
In the 2017-18 school year more than 300 companies recruited on campus, a phenomenal number for a school of any size, but for a small university like Stevens, that figure is astounding. It is rare for Stevens students to not complete at least one internship over their four years of study. Ninety percent of undergrads in the School of Business land internships. The co-op track is selected by 30 percent of all students, and that entails working a forty-hour paid work week beginning in the sophomore year. Three annual career fairs in September, December, and March each attract about 900 students. The March 2018 Career Fair alone attracted 125 companies, including the likes of IBM, Verizon, and JPMorgan Chase.
Professional Outcomes
The Class of 2018 found employment or graduate school homes at a 96 percent rate within six months of receiving their degree. Engineering students entered the fields of manufacturing (24 percent), engineering services (17 percent), and construction (12 percent). Bachelor of Science students most frequently entered sector was finance (42 percent) followed by technology/telecom (17 percent), and business/consulting (8 percent). Employers that hired three or more Class of 2018 Stevens grads included Google, EY, Merck, Prudential, and PwC. Massive numbers of alumni (from all graduating years) can be found at major corporations including Verizon, Citi, JPMorgan Chase, Pfizer, and Johnson & Johnson. The average starting salary was $71,400. Many alumni stay local; 53 percent of 2018 graduates remained in New Jersey, and 29 percent crossed the border to New York.
Of the 18 percent of Stevens grads who immediately enroll in graduate school, 85 percent were pursuing master’s or PhDs, 11 percent entered medical school, 2 percent law school, and 2 percent dental school. Some enrolled in doctoral programs at prestigious institutions such as Carnegie Mellon, Georgia Tech, Penn, and Vanderbilt and master’s programs at Imperial College London, Royal College of Art, Johns Hopkins, and Cornell. The school offers a three-three accelerated law option as well as a three-four accelerated med school program. Recent medical school acceptances include Albert Einstein College of Medicine, Mount Sanai Medical School, and New York University School of Medicine.
Admission
There were 9,265 applications submitted for the 2018-19 freshman class, an 11 percent increase from the previous year. Of those hopefuls, 41 percent received an offer of acceptance compared to 44 percent in 2017-18. However, it’s important to understand that the applicant pool is relatively self-selecting and primarily comprised of strongly credentialed teens. The mid-50 percent SAT Range was 1330-1480 with an average of 1399, and the average high school GPA was 3.86. Stevens accepted and enrolled 33 percent more students in the Class of 2022 than in the previous year’s class. That expansion meant that more than 1,000 freshmen enrolled while under 700 graduated in 2018.
In addition to strong grades and standardized test scores, the admissions committee at Stevens is looking for students with a track record of “ingenuity, inventiveness, and inspiration.” The school does offer admissions interviews, including via Skype for those living more than 250 miles away, but although interviews are recommended, they are optional. Applying early is strongly encouraged if Stevens is your top choice; the acceptance rate for ED applicants approaches 70 percent. The acceptance rate for women is typically ten points higher than the acceptance rate for men. Women make up about 30 percent of the student body. Stevens Institute of Technology is gaining in popularity and rapidly expanding its undergraduate enrollment. Its proximity to Manhattan, corporate connections, and stellar graduate outcomes should continue to draw larger numbers of highly qualified applicants.
Worth Your Money?
Is it good news or bad news that the average graduate’s starting salary and annual cost of attendance at Stevens are nearly identical? Perhaps the adage, “You have to spend money to make money,” helps answer that question. With a COA of $72k and starting salaries around the same, those paying full price will be just fine, even if they have to take out substantial loans to attend. Financial aid is awarded to 65 percent of the undergraduate population, but the school only meets the full financial need of 18 percent of accepted students. The average grant is for only $12,700 per year, which barely puts a dent in the tuition bill. Again, the good news is that strong career outcomes help balance the upfront costs.