University of Toledo

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2020 Undergraduate Tuition
$8,736
3.4% growth from 2019
2020 Average Net Price
$17,793
After Financial Aid
2018 Student Loan
7.06%
Default Rate
2020 Acceptance Rate
94.7%
9,673 Applicants
2020 Enrolled Students
18,319
77.5% Full-Time
2020 Graduation Rate
53.3%
1,723 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 (286 degrees awarded), Registered Nursing (231 degrees), and Mechanical Engineering (195 degrees).

In 2020, 4,889 degrees were awarded across all undergraduate and graduate programs at University of Toledo. 52.1% of these degrees were awarded to women, and 47.9% awarded men. The most common race/ethnicity group of degree recipients was white (3,280 degrees), 8.28 times more than then the next closest race/ethnicity group, black or african american (396 degrees).

The median undergraduate tuition at University of Toledo is $8,736, which is $−19,893 less than the national average for Doctoral Universities ($28,629).

Costs

The median undergraduate tuition at University of Toledo is $8,736, which is $−19,893 less than the national average for Doctoral Universities ($28,629).

After taking grants and loans into account, the average net price for students is $17,793.

In 2020, 76% of undergraduate students attending University of Toledo received financial aid through grants. Comparatively, 45% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$8,736
2020 Undergraduate Tuition

In 2020, the cost of tuition at University of Toledo was $8,736. The cost of tuition at University of Toledo is $−19,893 less than than the overall (public and private) national average for Doctoral Universities ($28,629).

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

$17,793
2020 Value
0.163%
1 Year Growth

In 2020 University of Toledo had an average net price — the price paid after factoring in grants and loans — of $17,793. Between 2019 and 2020, 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.

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Other Student Expenses

$9,895
Room and Board
$1,180
Books and Supplies

The average yearly cost of room and board at University of Toledo was of $9,895 in 2020. During the same period, the average yearly cost of books and supplies was $1,180. The cost of room and board increased by 0.192% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

76%
Undergraduates Receiving Financial Aid through Grants
45%
Undergraduates Receiving Financial Aid through Loans

76% of undergraduate students at University of Toledo received financial aid through grants or loans in 2020. This represents a growth of 2.7% with respect to 2019, when 74% 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.
7.06%
2018 Default Rate
311
Number of Defaults

In 2018 the default rate for borrower's at University of Toledo was 7.06%, which represents 311 out of the 4402 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 9,673 undergraduate applications in 2020, which represents a 4.09% annual decline. Out of those 9,673 applicants, 9,158 students were accepted for enrollment, representing a 94.7% acceptance rate.

There were 18,319 students enrolled at University of Toledo in 2020, and 31% of first-time enrollees submitted SAT scores with their applications.

University of Toledo has an overall enrollment yield of 25.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

94.7%
Acceptance Rate in 2020
9,158
Accepted Out of 9,673

In 2020, the undergraduate acceptance rate of University of Toledo was 94.7% (9,158 admissions from 9,673 applications). This is lower than the acceptance rate of 2019, which was 96.4%. Between 2019 and 2020, the number of applicants declined by −4.09%, while admissions declined by −5.8%.

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

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SAT Scores

31%
Submission Percentage
739
Scores Submitted

31% of enrolled first-time students at University of Toledo in 2020 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 18,319 students. The full-time enrollment at University of Toledo is 14,197 students and the part-time enrollment is 4,122. This means that 77.5% of students enrolled at University of Toledo are enrolled full-time.

The enrolled student population at University of Toledo, both undergraduate and graduate, is 67% White, 8.81% Black or African American, 5.08% Hispanic or Latino, 3.81% Two or More Races, 3.25% Asian, 0.104% American Indian or Alaska Native, and 0.0764% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Toledo in full-time Undergraduate programs are most commonly White Female (34.6%), followed by White Male (34.4%) and Black or African American Female (5.61%). Students enrolled in full-time Graduate programs are most commonly White Female (38.1%), followed by White Male (21.5%) and Asian Female (4.36%).

Full-Time vs Part-Time Enrollment

77.5%
Full-Time Enrollment

The total enrollment at University of Toledo, both undergraduate and graduate, is 18,319 students. The full-time enrollment at University of Toledo is 14,197 and the part-time enrollment is 4,122. This means that 77.5% of students enrolled at University of Toledo are enrolled full-time compared with 76.4% 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

78%
2020 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 78%. Compared with the full-time retention rate at similar Doctoral Universities (84.5%), 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
    12,276
  2. Black or African American
    1,613
  3. Hispanic or Latino
    930

The enrolled student population at University of Toledo is 67% White, 8.81% Black or African American, 5.08% Hispanic or Latino, 3.81% Two or More Races, 3.25% Asian, 0.104% American Indian or Alaska Native, and 0.0764% 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 49.8% White, 15.1% Hispanic or Latino, and 9.74% 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, 912 students (4.98%) did not report their race.

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Graduates

In 2020, 205 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 (3,280 degrees awarded). There were 8.28 times more white graduates than the next closest race/ethnicity group, black or african american (396 degrees).

The most common Bachelor's Degree concentration at University of Toledo is General Marketing & Marketing Management (286 degrees awarded), followed by Registered Nursing (231 degrees) and Mechanical Engineering (195 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 (603 degrees awarded), Legal (124 degrees), and Parks, Recreation, & Leisure (118 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 (377,877 people), Other managers (334,128 people), Miscellaneous engineers, including nuclear engineers (327,741 people), Civil engineers (251,268 people), and Mechanical engineers (190,807 people).

The most specialized majors at University of Toledo are Engineering (603 degrees awarded), Legal (124 degrees), Parks, Recreation, & Leisure (118 degrees), Engineering Technologies (138 degrees), and Cultural & Gender Studies (24 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 Surgeons, Securities, commodities, & financial services sales agents, Cardiovascular technologists and technicians, Physicians, and Nuclear medicine technologists and medical dosimetrists

The most specialized majors at University of Toledo are Engineering (603 degrees awarded), Legal (124 degrees), Parks, Recreation, & Leisure (118 degrees), Engineering Technologies (138 degrees), and Cultural & Gender Studies (24 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 (430,538 people), Architectural, engineering & related services (408,456 people), Construction (280,419 people), Colleges, universities & professional schools, including junior colleges (202,845 people), and Elementary & secondary schools (161,792 people).

The most specialized majors at University of Toledo are Engineering (603 degrees awarded), Legal (124 degrees), Parks, Recreation, & Leisure (118 degrees), Engineering Technologies (138 degrees), and Cultural & Gender Studies (24 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. 286 degree-majorss awarded
  2. 231 degree-majorss awarded
  3. 195 degree-majorss 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.

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Sex Breakdown for Common Majors

2,342
Degrees Awarded to Men
in 2020
2,547
Degrees Awarded to Women
in 2020

In 2020, 2,342 degrees were awarded to men at University of Toledo, which is 0.92 times less than the number of degrees awarded to females (2,547).

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

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Most Common Male Majors

In 2020, 224 degrees were awarded to men at University of Toledo in General Marketing & Marketing Management, which is 1.65 times more than the 136 female recipients with that same degree.

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Most Common Female Majors

In 2020, 200 degrees were awarded to women at University of Toledo in Registered Nursing, which is 5.41 times more than the 37 male recipients with that same degree.

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Time to Complete

24%
100% Completion Time
47%
150% Completion Time

In 2020, 24% of students graduating from University of Toledo completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 47% completed their degrees within 150% of the normal time, and 49% 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 Sex

Showing demographic groups with ≥ 5 graduating students.
Asian Female
Highest Graduation Rate (86%)

The student demographic with the highest graduation rate at University of Toledo is Female and Asian (86% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

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, 0.813% of graduates (14 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    3,280 degrees awarded
  2. Black or African American
    396 degrees awarded
  3. Hispanic or Latino
    175 degrees awarded

The most common race/ethnicity at University of Toledo is white (3,280 degrees awarded). There were 8.28 times more white recipients than the next closest race/ethnicity group, black or african american (396 degrees).

2.68% of degree recipients (131 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Female
    1,767 degrees awarded
  2. White Male
    1,513 degrees awarded
  3. Black or African American Female
    250 degrees awarded

The most common race/ethnicity and sex grouping at University of Toledo is white female (1,767 degrees awarded). There were 1.17 times more white female recipients than the next closest race/ethnicity group, white male (1,513 degrees).

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Operations

University of Toledo has an endowment valued at nearly $297M, as of the end of the 2020 fiscal year. The return on its endowment was of $−NaNM (−1.32%), compared to the 3.48% average return ($10.5M on $302M) across all Doctoral Universities.

In 2020, University of Toledo had a total salary expenditure of $959M. University of Toledo employs 192 Professors, 155 Lecturers, and 147 Associate professors. Most academics at University of Toledo are Male Professors (132), Female Lecturers(96), and Male Associate professors (87).

The most common positions for non-instructional staff at University of Toledo are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 207 employees, Management, with 193 employees, and Service with 190 employees.

Finances

Endowment

$297M
2020 Endowment
4.02%
decline from 2019

University of Toledo has an endowment valued at about $297M, as of the end of the 2020 fiscal year. The endowment of University of Toledo declined 4.02% from the previous year. The value of their endowment was $4.56M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $36.4M - Federal
  2. $3.44M - State
  3. $576k - Local

As of 2020, University of Toledo received $36.4M in grants and contracts from the federal government, $3.44M from state grants and contracts, and $576k from local grants and contracts.

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Expenses

Salary Expenditure

$438M
2020 Salaries
1.2%
growth from 2019

In 2020, University of Toledo paid a median of $438M in salaries, which represents 45.7% of their overall expenditure ($959M) and a 1.2% growth from the previous year. This is compared to a 3% growth from 2018 and a 0.702% decline from 2017.

The median for similar Doctoral Universities is 238M (43% of overall expenditures).

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Instructional Salaries

$57.5M
Instructional Salaries
655
Number of Employees

In 2020, University of Toledo paid a total of $57.5M to 655 employees working as instructors, which represents 13.1% of all salaries paid.

This is compared to a median of $69.9M (29.4%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
192 Employees
Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media
Most Common Non-Instructional Employee
207 Employees

In 2020, the most common positions for instructional staff at University of Toledo were Professor with 192 employees; Lecturer with 155 employees; and Lecturer with 147 employees.

In 2020, the most common positions for non-instructional staff at University of Toledo were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 207 employees; Management with 193 employees; and Service with 190 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Professor
  2. Female Lecturer
  3. Male Associate professor

In 2020, the most common demographic for instructional staff at University of Toledo was Male Professor with 132 employees, Female Lecturer with 96 employees, and Male Associate professor with 87 employees.

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

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