Drew University
Private College in Madison, NJ. Six-year graduation rate 70%. Median 10-year earnings $63,646.
A decade after enrolling, the median Drew University student earns $63,646 — comfortably above what the typical bachelor's-granting institution returns. 71% graduate within six years, so most students who start here finish here. Median debt at graduation is $25,288, roughly typical for an undergraduate degree. On economic mobility, 2.3% of students travel from the bottom income quintile to the top.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
Drew University accepts 68% of applicants, which makes it accessible to most students who meet the baseline requirements. 5,024 applications came in, enough to make the rates below reasonably stable year to year. Only 11% of admitted students enroll — the great majority of admits go elsewhere or nowhere. 23% of enrolled first-years submitted an SAT score. The bands below describe the middle half of that group, not of the class.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | 570–688 | 84 (23%) |
| SAT Math | 533–650 | |
| ACT Composite | 24–30 | 9 (2%) |
IPEDS Admissions · 2024
Apply at Drew University →Academics
Six-year completion runs to 71% — students who start here overwhelmingly finish here. Retention is strong at 88%, and first-year attrition is where most degrees are lost. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. Transfer-out runs to 21% — common enough at this school that the completion rate is measuring a smaller group than the entering class. At 11:1, students get materially more instructor contact than at a typical public university.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 1,510 degree- or certificate-seeking undergraduates
Students pay $28,425 a year on average after aid, a premium price that the earnings data has to justify. Net price swings hard on family income here, from $15,224 at the $0–30k band to $35,512 at $110k+. Most students get help: 96% receive grants worth $31,698 on average. About 48% borrow federally, roughly the national pattern.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 404 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $15,224 |
| $30–48k | $15,697 |
| $48–75k | $20,916 |
| $75–110k | $24,947 |
| $110k+ | $35,512 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 723 of these 1,510 students, totalling $4,515,639 — an average of $6,246 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Morris County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
Heightened Cash Monitoring (Financial Responsibility); School placed on Heightened Cash Monitoring
VA GI Bill Comparison Tool (Veterans Affairs GIDS)