University of Toledo

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2017 Undergraduate Tuition

$8,052

0% growth from 2016

2017 Average Net Price

$16,281

After Financial Aid

2016 Student Loan

8.33%

Default Rate

2017 Acceptance Rate

94.4%

10,946 Applicants

2017 Enrolled Students

20,515

78.5% Full-Time

2017 Graduation Rate

41.9%

1,510 Graduates

About

University of Toledo is a higher education institution located in Lucas County, OH. In 2016, the most popular Bachelor's Degree concentrations at University of Toledo were General Marketing & Marketing Management (251 degrees awarded), Registered Nursing (209 degrees), and General Interdisciplinary Studies (190 degrees).

In 2017, 4,685 degrees were awarded across all undergraduate and graduate programs at University of Toledo. 51% of these degrees were awarded to women, and 49% awarded men. The majority of degree recipients were white (3,209 degrees), 8.29 times more than then the next closest race/ethnicity group, black or african american (387 degrees).

The median undergraduate tuition at University of Toledo is $8,052, which is $-18,448 less than the national average for Doctoral Universities ($26,500).

Costs

The median undergraduate tuition at University of Toledo is $8,052, which is $-18,448 less than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $16,281.

In 2017, 73% of undergraduate students received federal grants, while 48% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$8,052

2017 Undergraduate Tuition

In 2017, the cost of tuition at University of Toledo was $8,052. The cost of tuition at University of Toledo is $-18,448 less than than the overall (public and private) national average for Doctoral Universities ($26,500).

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

$16,281

2017 Value

2.27%

1 Year Growth

In 2017 University of Toledo had an average net price — the price paid after factoring in grants and loans — of $16,281. Between 2016 and 2017, the average net price of University of Toledo grew by 2.27%.

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

$8,923

Room and Board

$1,150

Books and Supplies

The average yearly cost of room and board at University of Toledo was of $8,923 in 2017. During the same period, the average yearly cost of books and supplies was $1,150. The cost of room and board decreased by 0.435% between 2016 and 2017. The cost of books and supplies decreased by 4.17% 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

Financial Aid by Income Level

73%

Of Undergraduates Receive Grants

48%

Of Undergraduates Receive Federal Loans

73% of undergraduate students at University of Toledo received grants or loans in 2017. This represents a growth of 1.39% with respect to 2016, when 72% 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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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.

8.33%

2016 Default Rate

418

Number of Defaults

In 2016 the default rate for borrower's at University of Toledo was 8.33%, which represents 418 out of the 5020 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

University of Toledo received 10,946 undergraduate applications in 2017, which represents a 0.959% annual growth. Out of those 10,946 applicants, 10,328 students were accepted for enrollment, representing a 94.4% acceptance rate.

There were 20,515 students enrolled at University of Toledo in 2017, and 21% of first-time enrollees submitted SAT scores with their applications.

University of Toledo has an overall enrollment yield of 31.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.4%

Acceptance Rate in 2017

10,328

Accepted Out of 10,946

In 2017, the undergraduate acceptance rate of University of Toledo was 94.4% (10,328 admissions from 10,946 applications). This is higher than the acceptance rate of 2016, which was 94.3%. Between 2016 and 2017, the number of applicants grew by 0.959%, while admissions grew by 0.997%.

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

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SAT Scores

21%

Submission Percentage

685

Scores Submitted

21% of enrolled first-time students at University of Toledo 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.

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Enrollment

University of Toledo has a total enrollment of 20,515 students. The full-time enrollment at University of Toledo is 16,098 students and the part-time enrollment is 4,417. This means that 78.5% of students enrolled at University of Toledo are enrolled full-time.

The enrolled student population at University of Toledo, both undergraduate and graduate, is 66.8% White, 10.2% Black or African American, 4.77% Hispanic or Latino, 2.98% Two or More Races, 2.78% Asian, 0.132% American Indian or Alaska Native, and 0.0634% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Toledo in full-time Undergraduate programs are majority White Male (34.7%), followed by White Female (33.3%) and Black or African American Female (6.18%). Students enrolled in full-time Graduate programs are majority White Female (34.4%), followed by White Male (25%) and Black or African American Female (3.98%).

Full-Time vs Part-Time Enrollment

78.5%

Full-Time Enrollment

The total enrollment at University of Toledo, both undergraduate and graduate, is 20,515 students. The full-time enrollment at University of Toledo is 16,098 and the part-time enrollment is 4,417. This means that 78.5% of students enrolled at University of Toledo are enrolled full-time compared with 78% 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

74%

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 University of Toledo was 74%. Compared with the full-time retention rate at similar Doctoral Universities (83%), 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

  1. White

    13,698

  2. Black or African American

    2,091

  3. Hispanic or Latino

    979

The enrolled student population at University of Toledo is 66.8% White, 10.2% Black or African American, 4.77% Hispanic or Latino, 2.98% Two or More Races, 2.78% Asian, 0.132% American Indian or Alaska Native, and 0.0634% 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, 795 students (3.88%) did not report their race.

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Graduates

In 2017, 93 more women than men received degrees from University of Toledo. The majority of degree recipients at University of Toledo are white (3,209 degrees awarded). There were 8.29 times more white graduates than the next closest race/ethnicity group, black or african american (387 degrees).

The most common Bachelor's Degree concentration at University of Toledo is General Marketing & Marketing Management (251 degrees awarded), followed by Registered Nursing (209 degrees) and General Interdisciplinary Studies (190 degrees).

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 (554 degrees awarded), Interdisciplinary Studies (197 degrees), and Engineering Technologies (173 degrees).

Workforce

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 University of Toledo are Software developers (374,471 people), Other managers (364,886 people), Miscellaneous engineers, including nuclear engineers (317,770 people), Civil engineers (236,054 people), and Mechanical engineers (184,232 people).

The most specialized majors at University of Toledo are Engineering (554 degrees awarded), Interdisciplinary Studies (197 degrees), Engineering Technologies (173 degrees), Parks, Recreation, & Leisure (131 degrees), and Legal (111 degrees).

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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 University of Toledo are Physicians, Surgeons, Securities, commodities, & financial services sales agents, Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining, and Marketing managers

The most specialized majors at University of Toledo are Engineering (554 degrees awarded), Interdisciplinary Studies (197 degrees), Engineering Technologies (173 degrees), Parks, Recreation, & Leisure (131 degrees), and Legal (111 degrees).

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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 University of Toledo are Computer Systems Design (450,582 people), Architectural, engineering & related services (408,166 people), Construction (287,597 people), Colleges, universities & professional schools, including junior colleges (236,255 people), and Elementary & secondary schools (233,815 people).

The most specialized majors at University of Toledo are Engineering (554 degrees awarded), Interdisciplinary Studies (197 degrees), Engineering Technologies (173 degrees), Parks, Recreation, & Leisure (131 degrees), and Legal (111 degrees).

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Degrees

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

  1. 251 degrees awarded

  2. 209 degrees awarded

  3. 190 degrees awarded

In 2017, the most common bachelors degree concentration at University of Toledo was General Marketing & Marketing Management with 251 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at University of Toledo according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 2,296

  2. 2,389

In 2017, 2,296 degrees were awarded to men at University of Toledo, which is 0.961 times less than the number of degrees awarded to females (2,389).

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

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Most Common Male Majors

In 2017, 158 degrees were awarded to men at University of Toledo in General Marketing & Marketing Management, which is 1.09 times more than the 145 female recipients with that same degree.

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Most Common Female Majors

In 2017, 173 degrees were awarded to women at University of Toledo in Registered Nursing, which is 3.84 times more than the 45 male recipients with that same degree.

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Time to Complete

20%

100% Completion Time

42%

150% Completion Time

In 2017, 20% of students graduating from University of Toledo completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 43% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (69.7%)

The student demographic with the highest graduation rate at University of Toledo is Female and Asian (69.7% 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, 1.06% of graduates (16 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    3,209 degrees awarded

  2. Black or African American

    387 degrees awarded

  3. Asian

    158 degrees awarded

The most common race/ethnicity at University of Toledo is white (3,209 degrees awarded). There were 8.29 times more white recipients than the next closest race/ethnicity group, black or african american (387 degrees).

1.86% of degree recipients (87 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    1,664 degrees awarded

  2. White Male

    1,545 degrees awarded

  3. Black or African American Female

    224 degrees awarded

The most common race/ethnicity and gender grouping at University of Toledo is white female (1,664 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white male (1,545 degrees).

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Operations

University of Toledo has an endowment valued at nearly $294M, as of the end of the 2017 fiscal year. The return on its endowment was of $25.1M (8.55%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, University of Toledo had a total salary expenditure of $981M. University of Toledo employs 206 Associate professors, 185 Professors, and 155 Lecturers. Most academics at University of Toledo are Male Professors (130), Male Associate professors(122), and Female Lecturers (96).

The most common positions for non-instructional staff at University of Toledo are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 242 employees, Service, with 197 employees, and Office and Administrative Support with 175 employees.

Finances

Endowment

$294M

2017 Endowment

9.83%

growth from 2016

University of Toledo has an endowment valued at about $294M, as of the end of the 2017 fiscal year. The endowment of University of Toledo grew 9.83% from the previous year. The value of their endowment was $7.56M higher 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. $24.8M - Federal

  2. $8.17M - State

  3. $640k - Local

As of 2017, University of Toledo received $24.8M in grants and contracts from the federal government, $8.17M from state grants and contracts, and $640k from local grants and contracts.

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Expenses

Salary Expenditure

$423M

2017 Salaries

7.57%

growth from 2016

In 2017, University of Toledo paid a median of $423M in salaries, which represents 43.1% of their overall expenditure ($981M) and a 7.57% growth from the previous year. This is compared to a 0.452% decline from 2015 and a 4.57% growth from 2014.

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

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Instructional Salaries

$61.5M

Instructional Salaries

737

Number of Employees

In 2017, University of Toledo paid a total of $61.5M to 737 employees working as instructors, which represents 14.5% of all salaries paid.

This is compared to a median of $61.3M (31.9%) for similar Doctoral Universities: Higher Research Activity.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

206 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

242 Employees

In 2017, the most common positions for instructional staff at University of Toledo were Associate professor with 206 employees; Professor with 185 employees; and Professor with 155 employees.

In 2017, the most common positions for non-instructional staff at University of Toledo were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 242 employees; Service with 197 employees; and Office and Administrative Support with 175 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Female Lecturer

In 2017, the most common demographic for instructional staff at University of Toledo was Male Professor with 130 employees, Male Associate professor with 122 employees, and Female Lecturer with 96 employees.

This chart shows the gender split between each academic rank present at University of Toledo.

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