University of Toledo
Public Research University in Toledo, OH. Six-year graduation rate 58%. Median 10-year earnings $50,632.
The median ten-year earnings figure of $50,632 sits near the national middle rather than at either extreme. 58% finish within six years — respectable, though a meaningful share still leave without a credential. Median debt at graduation is $22,250, roughly typical for an undergraduate degree.
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
University of Toledo admits 92% of applicants — effectively open admission, so the application is a formality rather than a hurdle. The applicant pool is large — 11,067 in the most recent cycle — so the published rate reflects genuine competition rather than a small-sample quirk. Yield is low at 19%, so most admitted students do not end up enrolling. Read the score bands below narrowly: only 10% of enrolled first-years submitted an SAT score, and test-optional applicants are not represented in them.
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 | 550–650 | 191 (10%) |
| SAT Math | 550–650 | |
| ACT Composite | 23–29 | 463 (24%) |
IPEDS Admissions · 2024
Apply at University of Toledo →Academics
Six-year completion sits at 58%, meaning about two in five students who enroll leave without finishing. First-year retention is 77% — the single largest point of attrition on this campus. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. The part-time picture is harder: 50% return, against 77% full-time. A 18:1 ratio is unremarkable; expect a mix of lecture halls and seminars.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 10,249 degree- or certificate-seeking undergraduates
Net price lands at $17,844 a year on average, neither cheap nor punishing. The income table below is the number that matters — $13,524 at $0–30k versus $22,053 at $110k+. Grant aid reaches 79% of students at an average of $8,916. About 41% 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 · 2,068 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 | $13,524 |
| $30–48k | $13,365 |
| $48–75k | $16,407 |
| $75–110k | $19,659 |
| $110k+ | $22,053 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 4,160 of these 10,249 students, totalling $26,679,756 — an average of $6,413 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Lucas County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)