Iowa State University

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2017 Undergraduate Tuition

$7,456

5.04% growth from 2016

2017 Average Net Price

$13,949

After Financial Aid

2016 Student Loan

3.23%

Default Rate

2017 Acceptance Rate

89.3%

19,262 Applicants

2017 Enrolled Students

35,993

89% Full-Time

2017 Graduation Rate

73.4%

3,673 Graduates

About

Iowa State University is a higher education institution located in Story County, IA. In 2016, the most popular Bachelor's Degree concentrations at Iowa State University were Mechanical Engineering (417 degrees awarded), Kinesiology & Exercise Science (302 degrees), and General Marketing & Marketing Management (293 degrees).

In 2017, 9,044 degrees were awarded across all undergraduate and graduate programs at Iowa State University. 48.6% of these degrees were awarded to women, and 51.4% awarded men. The majority of degree recipients were white (6,694 degrees), 15.2 times more than then the next closest race/ethnicity group, unknown (439 degrees).

The median undergraduate tuition at Iowa State University is $7,456, which is $-19,044 less than the national average for Doctoral Universities ($26,500).

Photo by SD Dirk

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

The median undergraduate tuition at Iowa State University is $7,456, which is $-19,044 less than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $13,949.

In 2017, 69% of undergraduate students received federal grants, while 49% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,456

2017 Undergraduate Tuition

In 2017, the cost of tuition at Iowa State University was $7,456. The cost of tuition at Iowa State University is $-19,044 less than than the overall (public and private) national average for Doctoral Universities ($26,500).

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

Average Net Price

$13,949

2017 Value

2.39%

1 Year Growth

In 2017 Iowa State University had an average net price — the price paid after factoring in grants and loans — of $13,949. Between 2016 and 2017, the average net price of Iowa State University grew by 2.39%.

This chart compares the average net price of Iowa State University (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

$8,356

Room and Board

$995

Books and Supplies

The average yearly cost of room and board at Iowa State University was of $8,356 in 2017. During the same period, the average yearly cost of books and supplies was $995. The cost of room and board increased by 3.54% between 2016 and 2017. The cost of books and supplies decreased by 3.77% during the same period.

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

Financial Aid

Financial Aid by Income Level

69%

Of Undergraduates Receive Grants

49%

Of Undergraduates Receive Federal Loans

69% of undergraduate students at Iowa State University received grants or loans in 2017. This represents a growth of 1.47% with respect to 2016, when 68% of undergraduate students received financial aid.

This chart compares the average award discount at Iowa State University (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.

3.23%

2016 Default Rate

199

Number of Defaults

In 2016 the default rate for borrower's at Iowa State University was 3.23%, which represents 199 out of the 6152 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

Iowa State University received 19,262 undergraduate applications in 2017, which represents a 0.88% annual decline. Out of those 19,262 applicants, 17,208 students were accepted for enrollment, representing a 89.3% acceptance rate.

There were 35,993 students enrolled at Iowa State University in 2017, and 9% of first-time enrollees submitted SAT scores with their applications.

Iowa State University has an overall enrollment yield of 34.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

89.3%

Acceptance Rate in 2017

17,208

Accepted Out of 19,262

In 2017, the undergraduate acceptance rate of Iowa State University was 89.3% (17,208 admissions from 19,262 applications). This is higher than the acceptance rate of 2016, which was 87.5%. Between 2016 and 2017, the number of applicants declined by -0.88%, while admissions grew by 1.21%.

This chart compares the acceptance rate of Iowa State University (in red) with that of other similar universities.

SAT Scores

Submission Percentage

505

Scores Submitted

9% of enrolled first-time students at Iowa State University in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Iowa State University has a total enrollment of 35,993 students. The full-time enrollment at Iowa State University is 32,016 students and the part-time enrollment is 3,977. This means that 89% of students enrolled at Iowa State University are enrolled full-time.

The enrolled student population at Iowa State University, both undergraduate and graduate, is 69.9% White, 5% Hispanic or Latino, 3.03% Asian, 2.63% Black or African American, 2.04% Two or More Races, 0.2% American Indian or Alaska Native, and 0.0806% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Iowa State University in full-time Undergraduate programs are majority White Male (42.2%), followed by White Female (32.1%) and Hispanic or Latino Male (2.69%). Students enrolled in full-time Graduate programs are majority White Female (23.1%), followed by White Male (20%) and Hispanic or Latino Female (1.58%).

Full-Time vs Part-Time Enrollment

89%

Full-Time Enrollment

The total enrollment at Iowa State University, both undergraduate and graduate, is 35,993 students. The full-time enrollment at Iowa State University is 32,016 and the part-time enrollment is 3,977. This means that 89% of students enrolled at Iowa State University are enrolled full-time compared with 78% at similar Doctoral Universities.

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

Retention Rate over Time

87%

2017 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 Iowa State University was 87%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Iowa State University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
25,167
Hispanic or Latino
1,800
Asian
1,089

The enrolled student population at Iowa State University is 69.9% White, 5% Hispanic or Latino, 3.03% Asian, 2.63% Black or African American, 2.04% Two or More Races, 0.2% American Indian or Alaska Native, and 0.0806% 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 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 2,037 students (5.66%) did not report their race.

Graduates

In 2017, 250 fewer women than men received degrees from Iowa State University. The majority of degree recipients at Iowa State University are white (6,694 degrees awarded). There were 15.2 times more white graduates than the next closest race/ethnicity group, unknown (439 degrees).

The most common Bachelor's Degree concentration at Iowa State University is Mechanical Engineering (417 degrees awarded), followed by Kinesiology & Exercise Science (302 degrees) and General Marketing & Marketing Management (293 degrees).

The most specialized majors across all degree types at Iowa State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Agriculture (932 degrees awarded), Architecture and Related Services (188 degrees), and Engineering (1,753 degrees).

Workforce

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Iowa State University are Other managers (358,042 people), Software developers (347,761 people), Miscellaneous engineers, including nuclear engineers (301,017 people), Civil engineers (231,219 people), and Mechanical engineers (172,576 people).

The most specialized majors at Iowa State University are Agriculture (932 degrees awarded), Architecture and Related Services (188 degrees), Engineering (1,753 degrees), Human Sciences (341 degrees), and Natural Resources & Conservation (135 degrees).

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 Iowa State University are Surgeons, Dentists, Sales representatives of services, except advertising, insurance, financial services, and travel, Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining, and Physicians

Common Industries by Major

Architectural, engineering & related services

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Iowa State University are Architectural, engineering & related services (523,759 people), Computer Systems Design (400,263 people), Construction (296,926 people), Colleges, universities & professional schools, including junior colleges (224,550 people), and Elementary & secondary schools (196,496 people).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Iowa State University.

Most Common

Mechanical Engineering
417 degree-majorss awarded
Kinesiology & Exercise Science
302 degree-majorss awarded
General Marketing & Marketing Management
293 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Iowa State University was Mechanical Engineering with 417 degree-majorss awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Iowa State University according to their major.

Gender Breakdown for Common Majors

Degrees Awarded to Men

4,647
4,397

In 2017, 4,647 degrees were awarded to men at Iowa State University, which is 1.06 times more than the number of degrees awarded to females (4,397).

This chart displays the gender disparity between the top 5 majors at Iowa State University by degrees awarded.

Most Common Male Majors

In 2017, 379 degrees were awarded to men at Iowa State University in Mechanical Engineering, which is 9.97 times more than the 38 female recipients with that same degree.

Most Common Female Majors

In 2017, 235 degrees were awarded to women at Iowa State University in Dietetics, which is 11.8 times more than the 20 male recipients with that same degree.

Time to Complete

41%

100% Completion Time

71%

150% Completion Time

In 2017, 41% of students graduating from Iowa State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 71% completed their degrees within 150% of the normal time, and 73% 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.

Diversity

Graduation Rate by Race and Gender

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 at Iowa State University is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

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, 2.1% of graduates (77 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
6,694 degrees awarded
Unknown
439 degrees awarded
Hispanic or Latino
361 degrees awarded

The most common race/ethnicity at Iowa State University is white (6,694 degrees awarded). There were 15.2 times more white recipients than the next closest race/ethnicity group, unknown (439 degrees).

4.85% of degree recipients (439 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
3,352 degrees awarded
White Female
3,342 degrees awarded
Hispanic or Latino Female
190 degrees awarded

The most common race/ethnicity and gender grouping at Iowa State University is white male (3,352 degrees awarded). There were 1 times more white male recipients than the next closest race/ethnicity group, white female (3,342 degrees).

Operations

Iowa State University has an endowment valued at nearly $910M, as of the end of the 2017 fiscal year. The return on its endowment was of $23.1M (2.53%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Iowa State University had a total salary expenditure of $1.22B. Iowa State University employs 506 Professors, 422 Assistant professors, and 402 Associate professors. Most academics at Iowa State University are Male Professors (398), Male Associate professors(256), and Male Assistant professors (223).

The most common positions for non-instructional staff at Iowa State University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 1206 employees, Computer, Engineering, and Science, with 557 employees, and Service with 508 employees.

Finances

Endowment

$910M

2017 Endowment

30.2%

growth from 2016

Iowa State University has an endowment valued at about $910M, as of the end of the 2017 fiscal year. The endowment of Iowa State University grew 30.2% from the previous year. The value of their endowment was $624M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Iowa State University (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: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$164M - Federal
$18.4M - State
$159k - Local

As of 2017, Iowa State University received $164M in grants and contracts from the federal government, $18.4M from state grants and contracts, and $159k from local grants and contracts.

Expenses

Salary Expenditure

$578M

2017 Salaries

3.93%

growth from 2016

In 2017, Iowa State University paid a median of $578M in salaries, which represents 47.2% of their overall expenditure ($1.22B) and a 3.93% growth from the previous year. This is compared to a 5% growth from 2015 and a 5.34% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

Instructional Salaries

$162M

Instructional Salaries

1,567

Number of Employees

In 2017, Iowa State University paid a total of $162M to 1,567 employees working as instructors, which represents 28% of all salaries paid.

This is compared to a median of $146M (22.5%) for similar Doctoral Universities: Highest Research Activity.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

506 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

1206 Employees

In 2017, the most common positions for instructional staff at Iowa State University were Professor with 506 employees; Assistant professor with 422 employees; and Assistant professor with 402 employees.

In 2017, the most common positions for non-instructional staff at Iowa State University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 1,206 employees; Computer, Engineering, and Science with 557 employees; and Service with 508 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Male Associate professor
Male Assistant professor

In 2017, the most common demographic for instructional staff at Iowa State University was Male Professor with 398 employees, Male Associate professor with 256 employees, and Male Assistant professor with 223 employees.

This chart shows the gender split between each academic rank present at Iowa State University.

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