New York Institute of Technology vs. University of Richmond

Should I go to New York Institute of Technology or University of Richmond? Compare 50+ facts and figures about the colleges to help you determine if New York Institute of Technology or University of Richmond is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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New York Institute of Technology vs. University of Richmond comparison
New York Institute of Technology University of Richmond College 3 College 4
New York Institute of Technology University of Richmond
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Overview

New York Institute of Technology University of Richmond
Location Old Westbury, NY University of Richmond, VA
Setting Large Suburban Midsize City
Enrollment 6,906 3,876
Type Private 4 Year Private 4 Year
National Ranking #233 #42
Religious Affiliation - - - -
Status Non-profit Non-profit
Website nyit.edu richmond.edu
Team Colors                    

Costs

New York Institute of Technology University of Richmond
Tuition (In State) $39,960 $60,330
Tuition (Out of State) $39,960 $60,330
Room & Board $16,600 $14,870
Avg Net Price $22,494 $29,248
Avg Grant Aid $30,398 $46,385
% Receiving Grant Aid 99% 57%

Admission

New York Institute of Technology University of Richmond
Admission Chances Calculate Calculate
Applied 11,537 14,364
Admitted 8,736 3,501
Acceptance Rate 75.7% 24.4%
Enrolled % 10.1% 24.3%
Avg High School GPA 3.5 3.71
Typical High School Grades B+ A-
Admissions Standards Very High Exceptional
Applicant Competition Very High
ACT Range 24/31 32/34
SAT Range 1118/1360 1398/1530
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not required for admission, but considered if submitted (Test Optional)
Application Deadline Jan 1, 2025

Academics

New York Institute of Technology University of Richmond
Student to Faculty Ratio 13:1 8:1
Popular Majors
  • Business (17%)
  • Communication (12%)
  • Architecture (12%)
  • Engineering (10%)
  • General Studies (9%)
  • Business (30%)
  • Social Sciences (17%)
  • English and Literature (7%)
  • Foreign Languages (5%)
  • Biology (5%)

Outcomes

New York Institute of Technology University of Richmond
Graduation Rate 48% 83%
Median Earnings (After 10 years) $64,900 $73,900
Making Student Loan Payments 59% 75%
Median Student Loan Debt $23,500 $21,148
Median Loan Payment $242 $218

Diversity

New York Institute of Technology University of Richmond
% Men 54% 45%
% Women 46% 55%
Racial Diversity Very High High
HBCU No No
% White 20% 59%
% Black 8% 8%
% Hispanic 13% 7%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 1% 4%
% International 18% 8%
% Unknown Race 24% 6%

Students

New York Institute of Technology University of Richmond
% In-State 82% 15%
% Out-of-State 12% 75%

Campus

New York Institute of Technology University of Richmond
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes Yes Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • New York Institute of Technology is larger than than University of Richmond based on total student enrollment (6,906 students vs. 3,876 students)

New York Institute of Technology vs. University of Richmond Cost Comparison

Which college is more expensive, New York Institute of Technology or University of Richmond?

  • University of Richmond is 51% more expensive to attend than New York Institute of Technology for in-state tuition ($60,330.00 vs. $39,960.00)
  • Out of state tuition is 51% higher at University of Richmond than New York Institute of Technology ($60,330.00 vs. $39,960.00)
  • The typical actual cost that students pay to attend (average net price) is less at New York Institute of Technology than University of Richmond ($22,494 vs. $29,248)
  • Living costs (room and board or off-campus housing budget) at University of Richmond are 11.6% lower than costs at New York Institute of Technology ($14,870 vs. $16,600)
  • More students receive financial grant aid at New York Institute of Technology than University of Richmond (99% vs. 57%)
  • The average total grant financial aid received by University of Richmond students is 52.6% larger than aid received New York Institute of Technology ($46,385 vs. $30,398)

New York Institute of Technology vs. University of Richmond Admissions Difficulty Comparison

Which college is harder to get into, New York Institute of Technology or University of Richmond? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between University of Richmond or New York Institute of Technology .

  • The average SAT score at University of Richmond (1337) is 263 points higher than at New York Institute of Technology (1074)
  • Incoming University of Richmond students have a 7 point higher average ACT score (31) than students at New York Institute of Technology (24)
  • Accepted freshman University of Richmond students have a 0.21 point higher average high school GPA (3.71) than students at New York Institute of Technology (3.5)
  • New York Institute of Technology has a higher acceptance rate (75.7%) than University of Richmond (24.4%)

New York Institute of Technology vs. University of Richmond Graduation Outcomes Comparison

Which is better, New York Institute of Technology or University of Richmond? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between University of Richmond and New York Institute of Technology.

  • The graduation rate at University of Richmond is higher than New York Institute of Technology (83% vs. 48%)
  • Graduates from University of Richmond earn on average $9,000 more per year than New York Institute of Technology graduates after ten years. ($73,900 vs. $64,900)
  • University of Richmond students graduate with a $2,352 lower median federal student loan debt than New York Institute of Technology graduates. ($21,148 vs. $23,500)
  • University of Richmond graduates are paying $24 less per month on federal student loans than New York Institute of Technology graduates. ($218 vs. $242)
  • More University of Richmond graduates are actively paying back their federal student loan debt than former New York Institute of Technology students, three years after graduation. (75% vs. 59%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/