Iowa State University

www.iastate.edu

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2022 Undergraduate Tuition

$8,678

4.25% growth from 2021

2022 Average Net Price

$15,310

After Financial Aid

2019 Default Rate

0.796%

on Student Loans

2022 Acceptance Rate

90.2%

21,919 Applicants

2022 Enrolled Students

29,969

90.2% Full-Time

2022 Graduation Rate

74.4%

4,566 Graduates

About

Iowa State University is a higher education institution located in Story County, IA. In 2022, the most popular Bachelors Degree concentrations at Iowa State University were Mechanical Engineering (406 degrees awarded), General Marketing & Marketing Management (300 degrees), and Logistics, Materials, & Supply Chain Management (235 degrees).

In 2022, 8,469 degrees were awarded across all undergraduate and graduate programs at Iowa State University. 46.6% of these degrees were awarded to women, and 53.4% awarded men. The most common race/ethnicity group of degree recipients was white (6,290 degrees), 13.9 times more than then the next closest race/ethnicity group, hispanic or latino (454 degrees).

The median undergraduate tuition at Iowa State University is $8,678, which is $−21,472 less than the national average for Doctoral Universities ($30,150).

In 2019 the default rate for borrower's at Iowa State University was 0.796%, corresponding to 50 out of the 6279 total borrowers.

Photo by SD Dirk

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2022, the median undergraduate tuition at Iowa State University is $8,678, which is $21,472 less than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $15,310.

In 2022, 79% of undergraduate students attending Iowa State University received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$8,678

2022 Undergraduate Tuition

In 2022, the cost of tuition at Iowa State University was $8,678. The cost of tuition at Iowa State University is $−21,472 less than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

Average Net Price

$15,310

2022 Value

0.726%

1 Year Growth

In 2022 Iowa State University had an average net price — the price paid after factoring in grants and loans — of $15,310. Between 2021 and 2022, the average net price of Iowa State University grew by 0.726%.

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

$9,088

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Iowa State University was of $9,088 in 2022. The cost of room and board decreased by 1.14% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies decreased by 0.0999% during the same period.

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

Financial Aid by Income Level

79%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

79% of undergraduate students at Iowa State University received financial aid through grants or loans in 2022. This represents a growth of 6.76% with respect to 2021, when 74% 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.

0.796%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Iowa State University was 0.796%, which represents 50 out of the 6279 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 21,919 undergraduate applications in 2022, which represents a 7.67% annual growth. Out of those 21,919 applicants, 19,776 students were accepted for enrollment, representing a 90.2% acceptance rate.

There were 29,969 students enrolled at Iowa State University in 2022. 19% of first-time enrollees submitted SAT scores with their applications.

Iowa State University has an overall enrollment yield of 29%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

90.2%

Acceptance Rate in 2022

19,776

Accepted Out of 21,919

In 2022, the undergraduate acceptance rate of Iowa State University was 90.2% (19,776 admissions from 21,919 applications). This is lower than the acceptance rate of 2021, which was 91.1%. Between 2021 and 2022, the number of applicants grew by 7.67%, while admissions grew by 6.61%.

This chart compares the acceptance rate of Iowa State University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

19%

Submission Percentage (2022)

1,060

Scores Submitted (2022)

19% of enrolled first-time students at Iowa State University in 2022 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.

Enrollment

Iowa State University had a total enrollment of 29,969 students in 2022. The full-time enrollment at Iowa State University is 27,021 students and the part-time enrollment is 2,948. This means that 90.2% of students enrolled at Iowa State University are enrolled full-time.

The enrolled student population at Iowa State University, both undergraduate and graduate, is 72.2% White, 6.63% Hispanic or Latino, 4.1% Asian, 2.7% Two or More Races, 2.63% Black or African American, 0.16% American Indian or Alaska Native, and 0.0767% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Iowa State University in full-time Undergraduate programs are most commonly White Male (42.3%), followed by White Female (34.9%) and Hispanic or Latino Female (3.56%). Students enrolled in full-time Graduate programs are most commonly White Female (24.2%), followed by White Male (18.9%) and Hispanic or Latino Female (2.34%).

Full-Time vs Part-Time Enrollment

90.2%

Full-Time Enrollment

The total enrollment at Iowa State University in 2022, both undergraduate and graduate, is 29,969 students. The full-time enrollment at Iowa State University is 27,021 and the part-time enrollment is 2,948. This means that 90.2% of students enrolled at Iowa State University are enrolled full-time compared with N/A% 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

86%

2022 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 86%. Compared with the full-time retention rate at similar Doctoral Universities (84%), 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 (2022)

White
21,634 enrolled students
Hispanic or Latino
1,986 enrolled students
Asian
1,228 enrolled students

The enrolled student population at Iowa State University is 72.2% White, 6.63% Hispanic or Latino, 4.1% Asian, 2.7% Two or More Races, 2.63% Black or African American, 0.16% American Indian or Alaska Native, and 0.0767% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 1,011 students (3.37%) did not report their race.

Graduates

In 2022, 569 fewer women than men received degrees from Iowa State University. The most common race/ethnicity group of degree recipients at Iowa State University is white (6,290 degrees awarded). There were 13.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (454 degrees).

The most common Bachelor's Degree concentration at Iowa State University is Mechanical Engineering (406 degrees awarded), followed by General Marketing & Marketing Management (300 degrees) and Logistics, Materials, & Supply Chain Management (235 degrees).

In 2022, 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 Engineering (1,866 degrees awarded), Human Sciences (271 degrees), and Math & Statistics (155 degrees).

Common Jobs by Major

Software developers

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 Software developers (500,224 people), Other managers (439,744 people), Physicians (438,173 people), Miscellaneous engineers, including nuclear engineers (355,349 people), and Civil engineers (283,941 people).

The most specialized majors at Iowa State University in 2022 are Engineering (1,866 degrees awarded), Human Sciences (271 degrees), Math & Statistics (155 degrees), Parks, Recreation, & Leisure (222 degrees), and Biology (544 degrees) (as of 2022).

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 Iowa State University are Podiatrists, Surgeons, Securities, commodities, & financial services sales agents, Physicians, and Chief executives & legislators

The most specialized majors at Iowa State University are Engineering (1,866 degrees awarded), Human Sciences (271 degrees), Math & Statistics (155 degrees), Parks, Recreation, & Leisure (222 degrees), and Biology (544 degrees) (as of 2022).

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 Iowa State University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (595,847 people), Computer Systems Design (561,426 people), Colleges, universities & professional schools, including junior colleges (521,237 people), Architectural, engineering & related services (456,533 people), and Elementary & secondary schools (449,169 people).

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 (2022)

Mechanical Engineering
406 degrees awarded
General Marketing & Marketing Management
300 degrees awarded
Logistics, Materials, & Supply Chain Management
235 degrees awarded

In 2022, the most common bachelors degree concentration at Iowa State University was Mechanical Engineering with 406 degrees awarded.

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

Sex Breakdown for Common Majors

4,519

Degrees Awarded to Men

in 2022

3,950

Degrees Awarded to Women

in 2022

In 2022, 4,519 degrees were awarded to men at Iowa State University, which is 1.14 times more than the number of degrees awarded to females (3,950).

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

Most Common Male Majors

In 2022, 355 degrees were awarded to men at Iowa State University in Mechanical Engineering, which is 6.96 times more than the 51 female recipients with that same degree.

Most Common Female Majors

In 2022, 177 degrees were awarded to men at Iowa State University in General Psychology, which is 3.16 times more than the 56 male recipients with that same degree.

Time to Complete

50%

100% Completion Time

75%

150% Completion Time

In 2022, 50% of students graduating from Iowa State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 75% completed their degrees within 150% of the normal time, and 76% 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 Female

Highest Graduation Rate (80%)

The student demographic with the highest graduation rate in 2022 at Iowa State University is Female and American Indian or Alaska Native (80% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

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, 4.18% of graduates (191 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
6,290 degrees awarded
Hispanic or Latino
454 degrees awarded
Asian
289 degrees awarded

The most common race/ethnicity at Iowa State University is white (6,290 degrees awarded). There were 13.9 times more white recipients than the next closest race/ethnicity group, hispanic or latino (454 degrees).

3.5% of degree recipients (296 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
3,341 degrees awarded
White Female
2,949 degrees awarded
Hispanic or Latino Female
245 degrees awarded

The most common race/ethnicity and sex grouping at Iowa State University is white male (3,341 degrees awarded). There were 1.13 times more white male recipients than the next closest race/ethnicity group, white female (2949 degrees).

Operations

Iowa State University has an endowment valued at nearly $1.41B, as of the end of the 2022 fiscal year. The return on its endowment was of −32.6M (−2.32%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Iowa State University had a total salary expenditure of 1.34B. Iowa State University employs 546 Professors, 526 Associate professors and 361 Assistant professors. Most academics at Iowa State University are Male Professor (406), Male Associate professor (291), and Female Associate professor (235).

The most common positions for non-instructional staff at Iowa State University are: Business and Financial Operations, with 905 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 538 employees, and Research with 534 employees.

Endowment

$1.41B

2022 Endowment

0.3%

growth from 2021

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

$256M - Federal
$14.2M - State
$139k - Local

As of 2022, Iowa State University received $256M in grants and contracts from the federal government, $14.2M from state grants and contracts, and $139k from local grants and contracts.

Salary Expenditure

$582M

2022 Salaries

4.17%

decline from 2021

In 2022, Iowa State University paid a median of $582M in salaries, which represents 43.5% of their overall expenditure ($1.34B) and a 4.17% decline from the previous year. This is compared to a 0.69% growth between 2020 and 2021, and a 2.11% growth between 2019 and 2020.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$168M

Instructional Salaries

1,444

Number of Employees

In 2022, Iowa State University paid a total of $168M to 1,444 employees working as instructors, which represents 29% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

546 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

905 Employees

In 2022, the most common positions for instructional staff at Iowa State University were Professor with 546 employees, Associate professor with 526 employees, and Assistant professor with 361 employees.

In 2022, the most common positions for non-instructional staff at Iowa State University were Business and Financial Operations with 905 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 538 employees, and Research with 534 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Male Associate professor
Female Associate professor

In 2022, the most common demographic for instructional staff at Iowa State University was Male Professor with 406 employees, Male Associate professor with 291 employees, and Female Associate professor with 235 employees.

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

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