Payback
EarningsPlus
Economic score
University of Toledo is a public national university located in Toledo, Ohio. University of Toledo is very inclusive in their admissions.
Return on educational investment at University of Toledo is in the top 50% of all ranked schools. The median student earns $48,039 10 years after enrolling, 40th in Ohio, and in the bottom 50% nationally. When adjusted for earning differences by major, University of Toledo bachelor students earn 2% less than the national average. University of Toledo is ranked 15th in Ohio.
University of Toledo’s median net annual cost of $17,312 and average years to graduate of 4.9 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at University of Toledo sorted by number of graduates - Registered Nursing, Mechanical Engineering, Marketing, Business Administration, Pharmaceutical Sciences, Computer Engineering - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$17,312
Average years to graduate
4.9
Electrical Engineering
Rank: #67
Economic score: 1.27
Mechanical Engr. Tech
Rank: #17
Economic score: 1.74
Accounting
Rank: #165
Economic score: 2.13
Finance
Rank: #220
Economic score: 3.1
Criminal Justice
Rank: #191
Economic score: 4.65
Social Work
Rank: #126
Economic score: 5.6
Education
Rank: #73
Economic score: 8.83
Health & Fitness
Rank: #284
Economic score: 8.98
Psychology
Rank: #632
Economic score: 15.09
Biology
Rank: #552
Economic score: 18.25
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 6 graduate programs at University of Toledo - Registered Nursing, Business Administration, Marketing, Special Education, Biology, Public Health - are shown below. To see more programs, click on "see additional programs".
Clinical / Counseling Psych
Rank: #7
Economic score: 0.37
HR Management
Rank: #36
Economic score: 0.39
Accounting
Rank: #213
Economic score: 0.42
Social Work
Rank: #41
Economic score: 0.54
Parks & Recreation Studies
Rank: #2
Economic score: 0.58
Mental & Social Health Services
Rank: #19
Economic score: 0.72
Education
Rank: #102
Economic score: 0.73
Diagnostic, Intervention & Treatment
Rank: #48
Economic score: 0.85
Education (subject specific)
Rank: #231
Economic score: 0.93
Educ. Administration
Rank: #364
Economic score: 1.02
The average full-time graduate completes their degree in 4.9 years. 51% of all students graduate within 8 years including part-time students. The graduation rate at University of Toledo is 9% lower than the state average, and 16% below the average for all national universities in the country.
At University of Toledo, Pell Grant recipients represent 27% of the measured graduating class, 8% lower than the national average of 35%. The average Pell Grant recipient at University of Toledo graduates within 5 years.
University of Toledo is in the bottom 10% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
University of Toledo’s economic mobility score of 9.74 is calculated by adjusting the 4.77 economic score of lower-income students by the 27% pell grant recipients within the student body. University of Toledo’s EMS of 9.74 ranks in the bottom 25% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 25%
The average Title IV recipient at University of Toledo pays $17,312 a year, $11,620 less than the $28,932 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $17,312
Much of the gap between net price and sticker price is filled by institutional and government grants. At University of Toledo, 92% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $17,312 on average to be covered by the student – be it through loans or out of pocket. In total, 50% of students take out loans, federal or private, at an average amount of $6,394. This is 4% less than the national average.
Federal grants
$5,073
Pell grants
$5,135
State grants
$2,557
Institutional grants
$6,596
University of Toledo offers 14 online bachelor programs, all of which are hybrid format. At the master’s level University of Toledo offers 13 programs, all of which are hybrid format. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
27
Hybrid programs
27
Percentage of programs online
12%
University of Toledo's very inclusive admissions are indicated by their 97% acceptance rate. In 2021, the school had 9,893 applicants, of which 9,549 were admitted and 2,332 enrolled. University of Toledo has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
90%
83%
Female
53%
59%
First time
71%
59%
In-state
79%
68%
1st generation
33%
35%
White
69%
52%
Black
10%
14%
Hispanic
5%
15%
Asian
2%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
13%
12%