Hofstra University
Hempstead, New York · Private Nonprofit · 68.1% acceptance rate
ROI Score: 65/100 · Fair Value
Data: 2024-25 College Scorecard release
Hofstra University (Hempstead, NY) scores 65 (Fair Value) against $57,660 sticker tuition and a $34,176 net price. Median 6-year earnings of $42,800 and an 8.1-year payback period are modest for a Long Island private university at this price point. The 68.5% completion rate is below average for the price tier. Accounting ($68,256 year-one) and Mechanical Engineering ($65,641 year-one) are the top-performing programs; Drama, Music, and Fine Arts show F-grade ROI with year-one earnings below $21,000. The broad program mix includes strong technical outliers and poor-performing performing arts programs that anchor the aggregate.
Hofstra University
Quick Numbers
| In-state tuition + fees | $57,660/yr |
| Out-of-state tuition + fees | $57,660/yr |
| Average net price | $34,176/yr |
| Total 4-year cost (net) | $136,704 |
| Median earnings (10yr post-entry) | $69,039 |
| Median earnings (6yr post-entry) | $42,800 |
| Median debt at graduation | $23,621 |
| Estimated monthly loan payment | $250 |
| Estimated payback period | 8.1 years |
| 6-year graduation rate | 68.5% |
| Undergraduate enrollment | 6,488 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $57,660/year. Here's the part that matters - almost nobody pays that. After grants, scholarships, and aid, the average student here pays a net price of $34,176/year, or roughly $136,704 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $28,219/year here, while families earning over $110,000 pay $37,348/year.
Most students borrow to get here. The median graduate leaves owing $23,621 in federal loans, which works out to about $250 a month on the standard 10-year repayment plan. Hold that up against the $69,039 the typical graduate earns ten years out: the debt-to-earnings ratio comes to 0.55, within the range advisors call workable but worth keeping an eye on.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $28,219 |
| $30,001 - $48,000 | $31,387 |
| $48,001 - $75,000 | $33,450 |
| $75,001 - $110,000 | $36,769 |
| $110,001+ | $37,348 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Low-income families (under $30,000) pay $28,219 per year - about $113,000 over four years. This is one of the higher net prices for low-income students in this dataset, and it reflects Hofstra's limited financial aid reach for the lowest-income families. Against $42,800 median earnings, low-income students in lower-earning programs face an acute financial burden.
Middle-income families ($30K-$110K)
The $48,001-75,000 bracket pays $33,450 and the $75,001-110,000 bracket pays $36,769 per year - both near or above the institutional average net price. Middle-income families effectively pay close to sticker at Hofstra. Professional program graduates (accounting, engineering) can justify this; arts and social science students should look for less expensive alternatives.
Higher-income families ($110K+)
Families earning over $110,000 pay $37,348 per year - about $149,000 over four years. High-income families choosing Hofstra over NYU or Fordham should factor in that Hofstra's net price converges with those schools at higher income levels, while Hofstra's program outcomes and brand recognition in most fields are lower.
Earnings by Major
Top 10 most popular majors at Hofstra University with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Psychology | $60,448 | D |
| Radio, Television, and Digital Communication | $56,990 | D |
| Allied Health Diagnostic and Treatment | $88,238 | D |
| Finance and Financial Management | $89,518 | C+ |
| Marketing | $68,530 | C+ |
| Public Health | $58,610 | C |
| Biology | $65,057 | B |
| Business Administration, Management, and Operations | $73,584 | C |
| Accounting | $92,530 | B |
| Journalism | $61,609 | C |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
Program Analysis
Why these programs deliver their earnings outcomes.
Accounting
Accounting (50 graduates) earns $68,256 at year one and $92,530 at year four with a B grade and 0.366 debt-to-earnings ratio. Long Island's accounting and finance sector - including major firms with offices in Midtown Manhattan - supports strong placement for Hofstra accounting graduates. Year-one earnings of $68,256 are among the highest in the program catalog.
Mechanical Engineering
Mechanical Engineering (25 graduates) earns $65,641 at year one and $94,744 at year four with a B+ grade and 0.343 debt-to-earnings ratio. Small cohort size limits data reliability, but engineering wages in the New York metro area support these figures. Year-four earnings approaching $95,000 reflect career progression into senior engineering roles.
Finance and Financial Management
Finance (61 graduates) earns $55,143 at year one and $89,518 at year four with a C+ grade and 0.451 debt-to-earnings ratio. The four-year jump from $55k to $90k reflects Wall Street-adjacent career ladders that Hofstra's Long Island location enables. The C+ grade reflects year-one earnings that trail Hofstra's $34,000 net price.
Computer Science
Computer Science (46 graduates) earns $41,177 at year one but climbs to $88,137 at year four with a C grade and 0.631 debt-to-earnings ratio. Year-one earnings of $41,177 are below average for New York metro area CS roles, suggesting graduates may be entering junior roles or non-tech jobs initially. The four-year trajectory to $88,000 is strong.
Drama/Theatre Arts and Stagecraft
Drama (37 graduates) earns $15,474 at year one and $44,388 at year four with an F ROI grade and 1.68 debt-to-earnings ratio. Year-one median earnings of $15,474 in New York - a state where the minimum wage is above $15 per hour - indicate graduates are not finding stable theatrical employment immediately. Debt of $26,000 against $15,474 earnings is financially untenable in the short run. Students pursuing theater at Hofstra's net price should have a realistic plan for the period between graduation and sustainable income.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Nat'l Avg |
|---|---|---|
| 1-year repayment | 73.5% | 52.0% |
| 3-year repayment | 78.9% | 62.0% |
| 5-year repayment | 75.5% | 68.0% |
| 7-year repayment | 76.3% | 72.0% |
Completion Rate
Trends Over Time
How Hofstra University’s cost and outcomes have moved across College Scorecard releases (2009-2023).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 68.1% |
| SAT Math (25th-75th) | 610-700 |
| SAT Reading (25th-75th) | 620-700 |
| ACT Composite (25th-75th) | 28-32 |
| Enrollment | 6,488 |
| Pell Grant recipients | 25.3% |
| Avg faculty salary (monthly) | $14,951 |
At 68.1% acceptance with SAT mid-range of 610-700 Math and 620-700 Reading, Hofstra is moderately selective for a Long Island private university. ACT 28-32 composite places admitted students above the national median. Hofstra competes directly with Adelphi, St. John's, and Fordham for Long Island and metro area students. Net price comparisons are essential: Hofstra's $34,176 average net price is higher than several regional competitors.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
Hofstra's peer schools include Adelphi University (ROI 75), Sacred Heart University, and Chapman University. Hofstra (65, Fair Value) scores below Adelphi (75) - the difference primarily reflects Adelphi's dominant nursing program lifting its aggregate, while Hofstra's performing arts programs drag it down. Sacred Heart University, a comparable New England Catholic private school, offers a useful comparison for program-specific outcomes. Hofstra's 65 score accurately reflects a school with strong professional program pockets and weak outcomes in several high-volume arts and humanities fields.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Hofstra University (this school) | 65 | $34,176 | $69,039 |
| Albany College of Pharmacy and Health Sciences | 94 | $29,882 | $131,426 |
| Adelphi University | 75 | $30,783 | $75,482 |
| Sacred Heart University | 66 | $46,174 | $75,059 |
| Chapman University | 64 | $46,555 | $70,070 |
| Indiana Wesleyan University-National & Global | 61 | $16,898 | $59,986 |
Who Thrives Here
Hofstra admits 68.1% of applicants with SAT mid-ranges of 610-700 Math and 620-700 Reading, ACT 28-32 composite. At 6,488 undergraduates with a 25.3% Pell grant rate, the school draws heavily from Long Island, New York City, and the tri-state area. Students in accounting, mechanical engineering, finance, and CS will find programs with B+ to C ROI grades despite Hofstra's high sticker price. Students in performing arts, media arts, and drama face F-grade outcomes against a $34,000+ net price - a financially damaging combination.
The Verdict: A Reasonable Bet - With Caveats
Hofstra University is a fair-value bet, but how well it pays off depends a lot on you. At $34,176 a year after aid ($136,704 over four years), with the typical graduate earning $69,039 a decade out, the cost takes about 8.1 years to earn back. That's roughly average - not a bargain, not a mistake.
What it has going for it: its 68.5% graduation rate.
Median debt of $23,621 against $69,039 in earnings is reasonable, though your major matters a lot here. Graduates in higher-earning fields will see the better end of this.
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Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.