University of Toledo

www.utoledo.edu/

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2021 Undergraduate Tuition

$9,028

3.34% growth from 2020

2021 Average Net Price

$17,764

After Financial Aid

2019 Student Loan

2.93%

Default Rate

2021 Acceptance Rate

96.5%

9,893 Applicants

2021 Enrolled Students

16,979

79.2% Full-Time

2021 Graduation Rate

56.3%

1,762 Graduates

About

University of Toledo is a higher education institution located in Lucas County, OH. In 2021, the most popular Bachelors Degree concentrations at University of Toledo were Registered Nursing (297 degrees awarded), General Marketing & Marketing Management (220 degrees), and Mechanical Engineering (177 degrees).

In 2021, 4,929 degrees were awarded across all undergraduate and graduate programs at University of Toledo. 53.2% of these degrees were awarded to women, and 46.8% awarded men. The most common race/ethnicity group of degree recipients was white (3,238 degrees), 8.97 times more than then the next closest race/ethnicity group, black or african american (361 degrees).

The median undergraduate tuition at University of Toledo is $9,028, which is $−19,964 less than the national average for Doctoral Universities ($28,992).

Photo by Qusai Al Shidi

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at University of Toledo is $9,028, which is $−19,964 less than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $17,764.

In 2021, 74% of undergraduate students attending University of Toledo received financial aid through grants. Comparatively, 42% of undergraduate students received financial aid through loans.

Tuition Costs

$9,028

2021 Undergraduate Tuition

In 2021, the cost of tuition at University of Toledo was $9,028. The cost of tuition at University of Toledo is $−19,964 less than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

Average Net Price

$17,764

2021 Value

0.163%

1 Year Growth

In 2021 University of Toledo had an average net price — the price paid after factoring in grants and loans — of $17,764. Between 2020 and 2021, the average net price of University of Toledo grew by 0.163%.

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.

Other Student Expenses

$9,955

Room and Board

$1,180

Books and Supplies

The average yearly cost of room and board at University of Toledo was of $9,955 in 2021. The cost of room and board increased by 0.606% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $1,180. 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.

Financial Aid by Income Level

74%

Undergraduates Receiving Financial Aid through Grants

42%

Undergraduates Receiving Financial Aid through Loans

74% of undergraduate students at University of Toledo received financial aid through grants or loans in 2021. This represents a decline of 2.63% with respect to 2020, when 76% 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.

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.

2.93%

2019 Default Rate

131

Number of Defaults

In 2019 the default rate for borrower's at University of Toledo was 2.93%, which represents 131 out of the 4478 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

University of Toledo received 9,893 undergraduate applications in 2021, which represents a 2.27% annual growth. Out of those 9,893 applicants, 9,549 students were accepted for enrollment, representing a 96.5% acceptance rate.

There were 16,979 students enrolled at University of Toledo in 2021. 16% of first-time enrollees submitted SAT scores with their applications.

University of Toledo has an overall enrollment yield of 24.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

96.5%

Acceptance Rate in 2021

9,549

Accepted Out of 9,893

In 2021, the undergraduate acceptance rate of University of Toledo was 96.5% (9,549 admissions from 9,893 applications). This is higher than the acceptance rate of 2020, which was 94.7%. Between 2020 and 2021, the number of applicants grew by 2.27%, while admissions grew by 4.27%..

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.

SAT Scores

16%

Submission Percentage (2021)

376

Scores Submitted (2021)

16% of enrolled first-time students at University of Toledo in 2021 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

University of Toledo had a total enrollment of 16,979 students in 2021. The full-time enrollment at University of Toledo is 13,444 students and the part-time enrollment is 3,535. This means that 79.2% of students enrolled at University of Toledo are enrolled full-time.

The enrolled student population at University of Toledo, both undergraduate and graduate, is 65.9% White, 8.74% Black or African American, 5.07% Hispanic or Latino, 3.64% Two or More Races, 3.3% Asian, 0.13% American Indian or Alaska Native, and 0.0942% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Toledo in full-time Undergraduate programs are most commonly White Female (34.4%), followed by White Male (34.4%) and Black or African American Female (5.51%). Students enrolled in full-time Graduate programs are most commonly White Female (35.8%), followed by White Male (21.8%) and Asian Female (3.55%).

Full-Time vs Part-Time Enrollment

79.2%

Full-Time Enrollment

The total enrollment at University of Toledo in 2021, both undergraduate and graduate, is 16,979 students. The full-time enrollment at University of Toledo is 13,444 and the part-time enrollment is 3,535. This means that 79.2% of students enrolled at University of Toledo are enrolled full-time compared with 76.6% 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.

Retention Rate over Time

74%

2021 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 (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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)

White
11,194 enrolled students
Black or African American
1,484 enrolled students
Hispanic or Latino
861 enrolled students

The enrolled student population at University of Toledo is 65.9% White, 8.74% Black or African American, 5.07% Hispanic or Latino, 3.64% Two or More Races, 3.3% Asian, 0.13% American Indian or Alaska Native, and 0.0942% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 945 students (5.57%) did not report their race.

Graduates

In 2021, 311 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 (3,238 degrees awarded). There were 8.97 times more white recipients than the next closest race/ethnicity group, black or african american (361 degrees).

The most common Bachelor's Degree concentration at University of Toledo is Registered Nursing (297 degrees awarded), followed by General Marketing & Marketing Management (220 degrees) and Mechanical Engineering (177 degrees).

In 2021, 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 (644 degrees awarded), Legal (109 degrees), and Engineering Technologies (152 degrees).

Common Jobs by Major

Accountants & auditors

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 Accountants & auditors (1,049,637 people), Other managers (953,422 people), Software developers (527,089 people), Financial managers (488,121 people), and Chief executives & legislators (458,692 people).

The most specialized majors at University of Toledo in 2021 are Engineering (644 degrees awarded), Legal (109 degrees), Engineering Technologies (152 degrees), Parks, Recreation, & Leisure (127 degrees), and Business (1,160 degrees) (as of 2021).

Highest Paying Jobs by Major

Podiatrists

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 Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at University of Toledo are Engineering (644 degrees awarded), Legal (109 degrees), Engineering Technologies (152 degrees), Parks, Recreation, & Leisure (127 degrees), and Business (1,160 degrees) (as of 2021).

Common Industries by Major

Computer Systems Design

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 (890,347 people), Construction (630,567 people), Elementary & secondary schools (576,963 people), Banking & related activities (523,342 people), and Architectural, engineering & related services (520,642 people).

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 (2020)

General Marketing & Marketing Management
286 degrees awarded
Registered Nursing
231 degrees awarded
Mechanical Engineering
195 degrees awarded

In 2020, the most common bachelors degree concentration at University of Toledo was General Marketing & Marketing Management with 286 degrees awarded.

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

Sex Breakdown for Common Majors

2,309

Degrees Awarded to Men

in 2021

2,620

Degrees Awarded to Women

in 2021

In 2021, 2,309 degrees were awarded to men at University of Toledo, which is 0.881 times less than the number of degrees awarded to females (2,620).

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

Most Common Male Majors

In 2021, 183 degrees were awarded to men at University of Toledo in General Marketing & Marketing Management, which is 1.62 times more than the 113 female recipients with that same degree.

Most Common Female Majors

In 2021, 258 degrees were awarded to men at University of Toledo in Registered Nursing, which is 6.14 times more than the 42 male recipients with that same degree.

Time to Complete

28%

100% Completion Time

51%

150% Completion Time

In 2021, 28% of students graduating from University of Toledo completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 53% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Male

Highest Graduation Rate (85.7%)

The student demographic with the highest graduation rate in 2021 at University of Toledo is Male and American Indian or Alaska Native (85.7% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

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, 2.78% of graduates (49 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
3,238 degrees awarded
Black or African American
361 degrees awarded
Hispanic or Latino
214 degrees awarded

The most common race/ethnicity at University of Toledo is white (3,238 degrees awarded). There were 8.97 times more white recipients than the next closest race/ethnicity group, black or african american (361 degrees).

3.43% of degree recipients (169 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Female
1,759 degrees awarded
White Male
1,479 degrees awarded
Black or African American Female
232 degrees awarded

The most common race/ethnicity and sex grouping at University of Toledo is white female (1,759 degrees awarded). There were 1.19 times more white female recipients than the next closest race/ethnicity group, white male (1479 degrees).

Operations

University of Toledo has an endowment valued at nearly $381M, as of the end of the 2021 fiscal year. The return on its endowment was of 58.8M (15.4%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, University of Toledo had a total salary expenditure of 772M. University of Toledo employs 188 Professors, 147 Associate professors and 146 Lecturers. Most academics at University of Toledo are Male Professor (128), Female Lecturer (93), and Male Associate professor (92).

The most common positions for non-instructional staff at University of Toledo are: Management, with 287 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 206 employees, and Service with 172 employees.

Endowment

$381M

2021 Endowment

28.3%

growth from 2020

University of Toledo has an endowment valued at about $381M, as of the end of the 2021 fiscal year. The endowment of University of Toledo grew 28.3% from the previous year. The value of their endowment was $6.14M 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.

Government Grants and Contracts

Grants & Contracts

$40.3M - Federal
$2.89M - State
$532k - Local

As of 2021, University of Toledo received $40.3M in grants and contracts from the federal government, $2.89M from state grants and contracts, and $532k from local grants and contracts.

Salary Expenditure

$417M

2021 Salaries

4.81%

decline from 2020

In 2021, University of Toledo paid a median of $417M in salaries, which represents 54% of their overall expenditure ($772M) and a 4.81% decline from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$57.9M

Instructional Salaries

630

Number of Employees

In 2021, University of Toledo paid a total of $57.9M to 630 employees working as instructors, which represents 13.9% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

188 Employees

Management

Most Common Non-Instructional Employee

287 Employees

In 2021, the most common positions for instructional staff at University of Toledo were Professor with 188 employees, Associate professor with 147 employees, and Lecturer with 146 employees.

In 2021, the most common positions for non-instructional staff at University of Toledo were Management with 287 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 206 employees, and Service with 172 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Female Lecturer
Male Associate professor

In 2021, the most common demographic for instructional staff at University of Toledo was Male Professor with 128 employees, Female Lecturer with 93 employees, and Male Associate professor with 92 employees.

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