College statistics
- Address:
- 3141 Chestnut St
Philadelphia, PA
19104 - Sector Group:
- Private Not-for-Profit 4-Year or Above
- Official Website:
- https://drexel.edu/
- Setting:
- City
- Annual In-State Tuition:
- $60,042
- Annual Out-of-State Tuition:
- $60,042
- Room and Board:
- $18,096
- Acceptance Rate:
- 77.5%
- Endowment (End of Year):
- $1,069,294,000
- Research Activity Tier:
- Research 1: Very High Spending and Doctorate Production
- Economic Mobility Index:
- Lower Access, Higher Earnings
- Primary Undergraduate Major:
- Business, Management, Marketing, and Related Support Services
Drexel University is a private research institution in Philadelphia, Pennsylvania, classified for very high research spending and doctoral production. The university enrolls about 21,700 students across its undergraduate and graduate programs, with a primary focus on business, management, and marketing fields alongside engineering and professional disciplines.
Annual tuition is $60,042 for both in-state and out-of-state students, with a total cost of attendance of $78,138 when room and board are included. Many students receive financial aid and pay significantly less than the published rate. Drexel admits roughly 78 percent of applicants, making it accessible by most standards. Admitted students typically score at the 75th percentile SAT Reading score of 700 and SAT Math score of 730.
The university maintains an endowment of over $1 billion and operates in an economic mobility profile of lower access but higher earnings, suggesting outcomes weighted toward professional advancement. Drexel suits students seeking a research-active institution with practical, career-focused degree paths in business and engineering. For more information, visit drexel.edu.