New Jersey Institute of Technology Cost & Financial Aid Information

$17,762
Average Net Price
69%
Receive Aid
38%
Pell Recipients
Affordable
Affordability

Average Net Price

The average net price at New Jersey Institute of Technology is $17,762 per year after grants and scholarships are applied.

Overall Average Net Price

$17,762

Average amount students pay per year after financial aid

Net Price by Family Income

$0-30,000$12,560
$30,001-48,000$13,278
$48,001-75,000$18,433
$75,001-110,000$23,374
$110,000+$25,398

Financial Aid

New Jersey Institute of Technology demonstrates strong commitment to educational accessibility, with 69% of undergraduate students receiving financial aid and 38% benefiting from federal Pell grants for demonstrated financial need.

Students Receiving Aid

69%

Of undergraduate students receive some form of financial assistance

Pell Grant Recipients

38%

Of students receive federal Pell grants for demonstrated financial need

Grants & Scholarships

Gift aid that doesn't need to be repaid

Work-Study Programs

Part-time employment opportunities on campus

Student Loans

Federal and private loan options available

Combined Sticker Price (Undergraduate)

The sticker price represents the total cost before any financial aid is applied. In-state students can expect a sticker price of $19,022 annually for tuition and fees, while out-of-state students pay $35,934. Additional costs for room, board, books, and personal expenses will vary based on your living arrangements and lifestyle choices. Commuting students pay approximately $21,422, which is 34% cheaper than on-campus living.

Tuition & Fees Comparison

Annual Tuition & Fees

In-State: $19,022

Out-of-State: $35,934

In-State Students

On Campus Living

Tuition & Fees$19,022
Room & Board$12,000
Books & Supplies$1,200
Personal Expenses$2,000

Total Estimated Cost$34,222

Off Campus Living

Tuition & Fees$19,022
Room & Board$10,000
Books & Supplies$1,200
Transportation$1,500
Personal Expenses$2,000

Total Estimated Cost$33,722

Out-of-State Students

On Campus Living

Tuition & Fees$35,934
Room & Board$12,000
Books & Supplies$1,200
Personal Expenses$2,000

Total Estimated Cost$51,134

Off Campus Living

Tuition & Fees$35,934
Room & Board$10,000
Books & Supplies$1,200
Transportation$2,000
Personal Expenses$2,000

Total Estimated Cost$51,134

Commuting Students

Students living at home and commuting to campus can significantly reduce their costs.

In-State Commuter

Tuition & Fees$19,022
Books & Supplies$1,200
Transportation$1,000
Personal Expenses$1,500

Total$22,722

Out-of-State Commuter

Tuition & Fees$35,934
Books & Supplies$1,200
Transportation$1,500
Personal Expenses$1,500

Total$40,134

Cost Analysis

Analyze how NJIT's costs have changed over time.Over the past year, New Jersey Institute of Technology has increased costs by $884, representing a 5.2% increase in average net price.

Cost Trends

Previous Year

$16,878

Current Year

$17,762

Change

+$884

Affordability & Value

New Jersey Institute of Technology is committed to providing accessible, high-quality education with strong return on investment.

Affordability Rating

Affordable

Based on average net price compared to national averages

Investment Value

Students receiving aid69%
Pell grant recipients38%
Student-faculty ratio15:1