Fordham University
Bronx, NY 10458 — Private Nonprofit
Value Score: 85/100 | ROI Score: -67 | Affordability Score: 55/100
Tuition (In-State): $64,915 | Out-of-State: $64,915
Acceptance Rate: 59.3% | Graduation Rate: 81.1% | Retention Rate: 88.5%
Median Earnings (10yr): $85,569 | Median Debt: $24,300
SAT Average: 1418 | ACT Midpoint: 32
Student Body Size: 10,512 (large)
Pell Grant Recipients: 21.4% | Federal Loan Rate: 47.4%
Average Faculty Salary: $16,236/month
Tuition & Affordability Analysis
In-state tuition at Fordham University is $64,915 per year, which is 65% above the national average for private institutions.
Out-of-state students pay $64,915/year — a premium of $0 over in-state rates. Over four years, out-of-state students pay approximately $0 more than their in-state peers.
Estimated four-year tuition cost: $259,660 (tuition only, not including room, board, and fees).
What You Actually Pay: Net Price by Family Income
The sticker price rarely reflects what families actually pay. After grants and scholarships, here is the average net price by family income bracket at Fordham University:
- Families earning $0–$30,000: $32,474/year
- Families earning $30,001–$48,000: $31,657/year
- Families earning $48,001–$75,000: $37,313/year
- Families earning $75,001–$110,000: $42,030/year
- Families earning $110,000+: $52,228/year
Low-income families receive an average discount of $32,441/year, paying just 50% of the sticker price.
Admissions Snapshot
Fordham University has an acceptance rate of 59.3%, placing it in the Moderately Selective (50–70%) category. This means roughly 4,431 students apply each year.
The average SAT score of admitted students is 1418, 34% above the national average. This places Fordham University among the top-tier institutions for academic preparedness.
The ACT midpoint is 32, 52% above the national average.
Graduate Outcomes & Return on Investment
81.1% of students at Fordham University complete their degree, 31% above the national average. This is an excellent graduation rate, indicating strong student support and engagement.
First-year retention rate: 88.5% (9% above the national average). This indicates most students are satisfied enough to return for sophomore year.
Graduates of Fordham University earn a median salary of $85,569 ten years after enrollment, 109% above the national average. This represents a $50,569/year earnings premium over the average high school diploma holder, or $1,517,070 in additional lifetime earnings over a 30-year career.
The median student debt at graduation is $24,300, 13% above the national average. On a standard 10-year repayment plan at 5.5% interest, this translates to approximately $264/month, with a total repayment of $31,680 (including $7,380 in interest).
Debt-to-Earnings Ratio: 0.28x. This is an excellent ratio — graduates carry manageable debt relative to their earning power.
Breakeven Point: Based on the earnings premium over high school graduates, a degree from Fordham University pays for itself in approximately 6 years. This is a reasonable investment timeline.
Financial Aid Profile
21.4% of students at Fordham University receive Pell Grants (federal need-based aid for families earning under ~$60,000), 35% below the national average. A lower Pell rate suggests the student body skews toward higher-income families. Merit aid may be more prevalent than need-based aid.
47.4% of students take federal loans, near the national average. This is a moderate borrowing rate.
Average faculty salary: $16,236/month, 86% above the national average. Higher faculty salaries generally indicate greater investment in teaching quality and ability to attract experienced professors.
Student Body & Campus Diversity
Fordham University enrolls 10,512 undergraduate students. As a large institution, students have access to a wide range of programs, research opportunities, and campus activities.
Diversity Index: 74/100 (higher = more diverse). Fordham University has a highly diverse student body with strong representation across multiple racial and ethnic groups.
Student body composition: White 44%, Hispanic 21%, Black 7%, Asian 13%.
Fordham University: Strong Academic Quality and High Earnings Potential
- Fordham University: Your NYC Launchpad to High-Paying Careers in Finance and Media
- Beyond the Bronx: Unlocking Global Opportunities with a Fordham Degree
- Is Fordham Worth the Investment? Analyzing Your ROI in the Heart of New York
Report Card: Overall Grade C-
Fordham University receives an overall grade of C- based on six dimensions:
- Academics: B-
- Value: F
- Outcomes: A
- Affordability: D
College Analysis
Fordham University is a Private Nonprofit institution in Bronx, NY with approximately 10,512 students. Fordham University has a strong graduation rate and high median earnings, indicating good academic quality and career outcomes. The university offers a diverse student body, with a significant Hispanic population, reflecting its urban location and commitment to diversity. Despite high tuition, the median earnings after 10 years are substantial, suggesting a good return on investment for graduates.
The Verdict: Is Fordham University Worth It?
Fordham University presents a complex value proposition. With an out-of-state tuition of $64,915 and a median 10-year earning potential of $85,569, the initial financial outlay is substantial. The median debt of $24,300 is manageable, but the ROI score of -67 suggests that, on average, graduates do not recoup their investment quickly compared to the cost of attendance. The payback period for the median debt, based on the median earnings, could be around 3-4 years, assuming a significant portion of earnings goes towards debt repayment after living expenses. However, this doesn't account for the full cost of tuition and living expenses. While the median earnings are respectable, they are not exceptionally high relative to the sticker price, especially when compared to institutions with similar tuition costs that yield significantly higher starting salaries. The value is heavily dependent on the student's major and their ability to secure high-paying roles in fields like finance or law, where Fordham has strong placement. For students who leverage the New York City location for high-earning internships and secure lucrative post-graduation jobs, the investment can be justified. However, for those in majors with lower earning potential or who do not capitalize on the city's opportunities, Fordham may be considered overpriced. It's a decent deal for those targeting specific high-paying careers in NYC, but a questionable one for others.
Return on Investment
While the degree is worth the cost for many students, the high tuition and debt may not be suitable for all.
Debt Reality Check
Median student debt at Fordham University: $24,300. Monthly payment on a standard 10-year plan: $276/month. Total repaid: $33,120 ($8,820 in interest).
Breakeven vs high school diploma: 0.4 years. Debt burden: Low. Salary needed for comfortable repayment: $33,120.
Strengths
- Strong academic programs and high graduation rates
- High earning potential for graduates
- Diverse student body and urban location
Weaknesses
- High tuition costs
- Limited financial aid options for out-of-state students
- Higher median debt upon graduation
Academic Profile
SAT Average: 1418. ACT Midpoint: 32. Retention Rate: 88.5%.
Fordham University boasts a strong academic reputation, particularly recognized for its programs in business, law, and the liberal arts, all enhanced by its prime New York City location. The Gabelli School of Business is a standout, offering specialized tracks and leveraging connections within the city's financial and corporate sectors. The College of Arts and Sciences provides a robust foundation in humanities, social sciences, and natural sciences, with popular majors including Economics, Political Science, and Psychology. The School of Professional and Continuous Education (SPCE) and the Graduate Schools of Education, Health Sciences, and Social Service further broaden the university's academic reach.
Fordham emphasizes undergraduate research, with opportunities for students to work alongside faculty on projects across various disciplines. While specific faculty salary data isn't publicly available, the university's commitment to attracting and retaining quality educators is evident in its competitive academic environment. The student-faculty ratio of approximately 15:1 suggests ample opportunity for personalized attention. The Honors Program offers a challenging curriculum for high-achieving students, fostering intellectual curiosity and providing access to specialized seminars and research opportunities. Fordham also has a strong commitment to study abroad, with numerous programs available globally, allowing students to integrate international experiences into their academic journey. Academic support services are comprehensive, including tutoring centers, writing centers, and dedicated advisors to help students navigate their academic careers and career planning.
Financial Aid Guide for Fordham University
Pell Grant recipients: 21.4%. Students taking federal loans: 47.4%.
Fordham University, like many private institutions, can present a significant tuition cost, but offers a robust financial aid program to make it accessible. The stated tuition of $64,915 applies to both in-state and out-of-state students, underscoring the importance of financial aid. Fordham is known for providing a substantial amount of both merit-based and need-based aid. Merit scholarships are awarded based on academic achievement (GPA, course rigor, and potentially standardized test scores, though these are currently optional) and are often automatically considered upon application. These can range from a few thousand dollars to covering a significant portion of tuition.
Need-based aid is determined through the FAFSA and CSS Profile, and Fordham is committed to meeting a significant portion of demonstrated need for its students. For families with an Expected Family Contribution (EFC) of $0-$20,000, aid packages often include a combination of grants, scholarships, and federal loans, potentially covering 70-90% of the total cost of attendance. For middle-income families (EFC $20,000-$50,000), aid packages might cover 50-70% of costs, often with a larger component of loans. Students may also be eligible for Federal Work-Study, providing part-time employment opportunities on campus.
While Fordham does not typically offer institutional aid for negotiation in the same way some other highly selective schools might, appealing an aid offer based on new financial information or extenuating circumstances is possible. It's crucial to submit all required financial aid forms by their deadlines, typically in the spring, to maximize eligibility for all aid types. Exploring external scholarships is also highly recommended to supplement institutional aid.
Hidden Costs at Fordham University
- Room and board costs can range from approximately $17,000 to $20,000 annually, depending on the chosen meal plan and housing assignment.
- Student activity fees, which support clubs, organizations, and campus events, typically add around $1,000 to $1,500 per year.
- Textbooks and course materials can easily cost $1,000 to $1,500 per academic year, especially for science and engineering majors.
- Transportation costs, particularly for students frequently traveling between campuses or into Manhattan, can add $500 to $2,000 annually for MetroCards and occasional ride-shares.
- Personal expenses, including toiletries, laundry, entertainment, and incidental shopping, can amount to $1,500 to $3,000 per year.
- Health insurance, if not covered by a parent's plan, can cost upwards of $3,000 annually through the university's student health plan.
Alumni Outcomes & Career Paths
Fordham University graduates are strategically positioned for success, particularly within the vibrant economic landscape of New York City and beyond. The university boasts strong recruitment pipelines with major employers across finance, law, media, and technology. Financial services firms like JPMorgan Chase, Morgan Stanley, and Goldman Sachs frequently recruit Fordham talent, drawn to the rigorous business education offered by the Gabelli School of Business. Law firms such as Skadden, Arps, Slate, Meagher & Flom and Cravath, Swaine & Moore also actively recruit from Fordham Law. In media and communications, graduates find opportunities at companies like NBCUniversal, ViacomCBS, and The New York Times. Tech giants like Google and Amazon also have a presence, though perhaps less dominant than in finance.
Alumni tend to cluster in industries such as finance and financial services (investment banking, asset management, commercial banking), legal services, marketing and advertising, media and entertainment, and increasingly, technology. Fordham's location in New York City provides unparalleled access to internships, with students often securing placements at prestigious institutions and companies through university-facilitated programs and direct outreach. The career services office is generally well-regarded, offering robust counseling, networking events, and job fairs that connect students with recruiters actively seeking Fordham graduates. Graduate school placement is also strong, with many Fordham alumni pursuing advanced degrees in law, business (MBA), and specialized fields at top-tier institutions nationwide. Notable alumni include actor Denzel Washington, former NFL Commissioner Paul Tagliabue, and numerous influential figures in business and public service, underscoring the breadth of career paths Fordham graduates pursue. Geographic hiring patterns show a strong concentration in the New York metropolitan area, but also significant placement in other major financial and business hubs like Boston, Chicago, and Washington D.C.
Campus Life & Culture at Fordham University
Fordham attracts a diverse student body, with a significant percentage coming from the New York metropolitan area, but also a growing national and international presence. Students who thrive here are typically intellectually curious, driven, and eager to engage with both academic challenges and the opportunities of a major global city. They appreciate the blend of a traditional university experience with the dynamism of urban life and often possess a strong sense of social consciousness.
Fordham University, with its distinct campuses in the Bronx and Manhattan, offers a unique urban university experience that blends rigorous academics with the vibrant energy of New York City. The Bronx campus, Rose Hill, is a more traditional collegiate setting with Gothic architecture, sprawling green spaces like the Great Lawn, and a strong sense of community. Here, students often find themselves immersed in campus traditions like the annual Ram Appreciation Day or the lively spirit at athletic events, particularly basketball games in the historic Rose Hill Gymnasium. The Lincoln Center campus, situated in the heart of Manhattan, provides a more sophisticated, city-centric vibe, drawing students who want to be at the pulse of the arts, media, and international affairs.
Social life at Fordham is heavily influenced by its location. While there are plenty of on-campus events, clubs, and organizations – over 200, ranging from academic societies to cultural groups and volunteer initiatives – many students also take advantage of the unparalleled opportunities the city offers. Weekend trips to explore Manhattan's museums, theaters, and diverse neighborhoods are common. Housing is guaranteed for the first three years, with options ranging from traditional dorms to apartment-style living, particularly on the Rose Hill campus. The Lincoln Center campus offers more limited on-campus housing, encouraging students to engage with the city. Dining plans are available and necessary for students living on campus, with various options across both campuses. Greek life is present but not dominant, with a few fraternities and sororities contributing to the social scene. Athletics, particularly Division I sports, foster a strong sense of school spirit, with the Rams competing in the Atlantic 10 Conference.
Campus Highlights
- The iconic Gothic architecture of the Rose Hill campus, reminiscent of Oxford or Cambridge.
- The unparalleled access to internships and cultural experiences in New York City.
- The strong Jesuit tradition, emphasizing cura personalis (care for the whole person).
- The vibrant student life across two distinct campuses: the traditional Rose Hill in the Bronx and the urban Lincoln Center in Manhattan.
- The active Division I athletics program, fostering school spirit and community.
- The Gabelli School of Business's strong ties to Wall Street and the global business community.
- The numerous opportunities for community service and social justice engagement.
Location & Regional Advantages
Fordham University's location in the Bronx, New York, offers a significant strategic advantage for its students. The immediate proximity to Manhattan, the global epicenter of finance, media, and culture, provides an unparalleled ecosystem for internships, networking, and post-graduation employment. Students can easily access opportunities in world-renowned companies across Wall Street, Madison Avenue, and Silicon Alley. The local job market is exceptionally robust, offering a diverse range of industries and roles that align with Fordham's strong academic programs, particularly in business, law, and the arts.
While New York City boasts a high cost of living, the career opportunities and potential for high starting salaries can help offset this. The city offers a rich quality of life with world-class museums, theaters, restaurants, and diverse cultural experiences. Fordham's campuses, particularly the Rose Hill campus in the Bronx and the Lincoln Center campus in Manhattan, provide distinct environments, with Lincoln Center offering direct immersion into the city's cultural heart. Weather in New York is temperate, with distinct seasons, which can be a draw for some. Safety is a consideration, as with any large urban environment, but Fordham invests in campus security and students learn to navigate the city safely. The sheer density of corporate headquarters, non-profits, and cultural institutions in the New York metropolitan area means that Fordham graduates are exceptionally well-positioned for immediate employment in their chosen fields, often securing jobs before graduation due to the constant demand for talent in this dynamic region.
How to Get Into Fordham University
Fordham University, with an admission rate hovering around 59.3%, is selective but offers a tangible path to admission for well-prepared students. The university offers Early Decision (ED) and Early Action (EA) options, with ED often providing a slight advantage as it signals a strong commitment to Fordham. Admissions officers look for students who demonstrate academic rigor, intellectual curiosity, and a genuine interest in Fordham's Jesuit tradition and urban setting.
While SAT/ACT scores are optional, strong scores can still bolster an application if submitted. For context, admitted students typically have GPAs in the B+ to A range. The application essay is a critical component; focus on essays that showcase your personality, your ability to reflect on experiences, and how you would contribute to the Fordham community, perhaps by connecting your interests to the university's Jesuit values or its New York City location. Demonstrated interest is valued; engaging with admissions events (virtual or in-person), connecting with admissions counselors, and visiting campus (if possible) can positively impact your application. The application deadline for Early Action/Decision is typically November 1st, and Regular Decision is around January 1st. Aim to have your application completed well before these dates to ensure all materials are processed smoothly.
How Fordham University Compares to Similar Schools
Similar schools: Boston College, Georgetown University, Villanova University, Syracuse University
Advantages
- Prime New York City location offering unparalleled internship and job opportunities in finance, media, and law.
- Strong alumni network concentrated in the influential New York metropolitan area.
- Access to the resources and cultural vibrancy of one of the world's major cities.
Disadvantages
- Higher sticker price compared to some public university alternatives.
- The ROI score suggests a longer payback period for the investment compared to some peers.
Best For
- Prospective students should consider the high tuition costs when evaluating financial aid and scholarships.
- Students interested in lower-cost options may find more affordable alternatives with similar academic quality.
Avoid If
- Students seeking a less expensive education may want to explore other options.
- Students looking for a more rural or suburban campus setting may prefer other institutions.
Frequently Asked Questions about Fordham University
How much does it cost to attend Fordham University?
In-state tuition at Fordham University is $64,915 per year, and out-of-state tuition is $64,915 per year. The median student debt at graduation is $24,300.
What is the acceptance rate at Fordham University?
Fordham University has an acceptance rate of 59.3%.
What is the graduation rate at Fordham University?
Fordham University has a graduation rate of 81.1%.
How much do Fordham University graduates earn?
The median earnings for Fordham University graduates 10 years after enrollment is $85,569. With median debt of $24,300, graduates earn roughly 3.5x their debt level annually.
How big is Fordham University?
Fordham University has approximately 10,512 students and is classified as a large institution. It is located in Bronx, NY and is a Private Nonprofit institution.
Is Fordham University worth the cost?
Fordham University has an ROI score of -67 out of 100. With in-state tuition of $64,915 per year and median post-graduation earnings of $85,569, the data suggests the return on investment may be below average.
Where is Fordham University located?
Fordham University is located in Bronx, NY. It is a Private Nonprofit institution with approximately 10,512 students.
How much student debt do Fordham University graduates have?
The median student debt for Fordham University graduates is $24,300. With median earnings of $85,569 ten years after enrollment, graduates can expect a debt-to-income ratio of 28%.
Is Fordham University a good college?
Fordham University has a graduation rate of 81.1% and median post-graduation earnings of $85,569. High graduation rate of 81.09%
How does Fordham University compare to similar colleges?
Median earnings of $85,569 after 10 years Compared to peer institutions, Fordham University offers a strong academic experience and high earning potential, but at a high cost.
What career prospects do Fordham University graduates have?
Graduates of Fordham University are well-positioned for careers in finance, law, and academia, with strong networking opportunities.
What should prospective students know about Fordham University?
Fordham University holds a strong position in the market, particularly for students seeking a private, urban university with a focus on Jesuit education.
What makes Fordham University stand out?
Diverse student body with 21.23% Hispanic students
What are the pros and cons of attending Fordham University?
High tuition rates of $64,915 for in-state and out-of-state students
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View on College Scorecard (Dept. of Education)
Analysis based on U.S. Department of Education data. Not enrollment advice. Verify information with the institution directly.