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Financial Aid at NJIT

The average amount of financial aid is $14,309 where 69% of enrolled students have received grants or scholarship aid at New Jersey Institute of Technology. The average amount of tuition & fees is $19,022 for New Jersey residents and $35,934 for out-of-state students at New Jersey Institute of Technology.
  • Average Financial Aid: $14,309
  • Undergraduate Tuition: $35,934 ($19,022 New Jersey residents)
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All Undergraduate Student Financial Aid

For academic year 2022-2023, total 6,315 students (69% of all undergraduate students) have received grants or scholarships and the average received amount is $14,309. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at New Jersey Institute of Technology.
Financial Aid Statistics at New Jersey Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid6,31569%$14,309
Pell Grants3,45638%$5,073
Federal Student Loans3,15134%$6,686

Beginning Student Financial Aid

For first time, full time beginning students (freshmen), total 1,154 students (93% of all freshmen) have received any type of financial aid and 1,149 students (93% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $15,959 and the average amount of student loan aid is $7,478. Next table shows the headcount and average received amount of financial aid by source of the aid at New Jersey Institute of Technology.
Beginning Students Financial Aid Statistics at New Jersey Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,15493%-
Grants or Scholarship from All Sources1,09489%$15,959
Federal Grants54744%$6,459
Pell Grants47138%$5,550
Other Federal Grants40833%$2,252
State/Local Grants43335%$9,317
Institutional Grants88271%$11,215
Student Loans46137%$7,478
Federal Student Loans45437%$5,098
Other Student Loans635%$17,976

Grants and Scholarship Aid By Income Level

Next table shows the number of students awarded and average grants/scholarship aid amount by income level for whom paying in-state tuition rate at New Jersey Institute of Technology. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (New Jersey Institute of Technology.
Financial Aid Statistics By Income Level at New Jersey Institute of Technology
Income LevelNumber of StudentsNumber of Students AwardedAverage Amount Aid Awarded
All level731675$13,402
$0-$30,000224224$18,797
$30,001-$48,000147147$18,079
$48,001-$75,0008686$12,924
$75,001-$110,0009181$7,983
$110,001 or more183137$5,959

Highest Tuition in New Jersey

See Colleges having the highest tuition & fees in New Jersey
Stevens Institute of Technology (Stevens Institute of Technology) is a Private, 4-years school located in Hoboken, NJ. The 2023 tuition & fees is $60,952. The school has a total enrollment of 9,314 and student to faculty ratio is 11 to 1 (9.09%).
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Princeton University (Princeton) is a Private, 4-years school located in Princeton, NJ. The 2023 tuition & fees is $59,710. The school has a total enrollment of 8,842 and student to faculty ratio is 5 to 1 (20.00%).
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Seton Hall University (Seton Hall) is a Private, 4-years school located in South Orange, NJ. The 2023 tuition & fees is $51,370. The school has a total enrollment of 9,623 and student to faculty ratio is 14 to 1 (7.14%).
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Drew University (Drew) is a Private, 4-years school located in Madison, NJ. The 2023 tuition & fees is $45,360. The school has a total enrollment of 2,092 and student to faculty ratio is 12 to 1 (8.33%).
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Monmouth University (Monmouth) is a Private, 4-years school located in West Long Branch, NJ. The 2023 tuition & fees is $44,850. The school has a total enrollment of 5,027 and student to faculty ratio is 12 to 1 (8.33%).
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Lowest Tuition in New Jersey

See Colleges having the lowest tuition & fees in New Jersey (4 years colleges)
Bais Medrash Toras Chesed (Bais Medrash Toras Chesed) is a Private, 4-years school located in Lakewood, NJ. The 2023 tuition & fees is $8,100. The school has a total enrollment of 110 and student to faculty ratio is 12 to 1 (8.33%).
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Rabbinical Seminary Mkor Chaim (Rabbinical Seminary Mkor Chaim) is a Private, 4-years school located in Lakewood, NJ. The 2023 tuition & fees is $8,450. The school has a total enrollment of 72 and student to faculty ratio is 12 to 1 (8.33%).
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Yeshiva Gedolah of Cliffwood (Yeshiva Gedolah of Cliffwood) is a Private, 4-years school located in Keyport, NJ. The 2023 tuition & fees is $8,550. The school has a total enrollment of 72 and student to faculty ratio is 21 to 1 (4.76%).
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Thomas Edison State University (Thomas Edison State) is a Public, 4-years school located in Trenton, NJ. The 2023 tuition & fees is $6,638 for New Jersey residents and $8,598 for out-of-state students. The school has a total enrollment of 8,248 and student to faculty ratio is 15 to 1 (6.67%).
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Yeshiva Gedolah of Woodlake Village (Yeshiva Gedolah of Woodlake Village) is a Private, 4-years school located in Lakewood, NJ. The 2023 tuition & fees is $9,030. The school has a total enrollment of 82 and student to faculty ratio is 14 to 1 (7.14%).
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Rivalry Schools to NJIT

Compare similar and rivalry schools to New Jersey Institute of Technology with admission, tuition, and more academic facts.
NJIT vs. UNA
University of North Alabama (UNA) is a Public, 4-years school located in Florence, AL. The 2023 tuition & fees is $11,990 for Alabama residents and $22,190 for out-of-state students. The school has a total enrollment of 9,830 and student to faculty ratio is 18 to 1 (5.56%).
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NJIT vs. JU
Jacksonville University (JU) is a Private, 4-years school located in Jacksonville, FL. The 2023 tuition & fees is $46,180. The school has a total enrollment of 3,837 and student to faculty ratio is 13 to 1 (7.69%).
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NJIT vs. UNF
University of North Florida (UNF) is a Public, 4-years school located in Jacksonville, FL. The 2023 tuition & fees is $6,389 for Florida residents and $20,793 for out-of-state students. The school has a total enrollment of 16,406 and student to faculty ratio is 19 to 1 (5.26%).
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NJIT vs. Stetson
Stetson University (Stetson) is a Private, 4-years school located in DeLand, FL. The 2023 tuition & fees is $55,220. The school has a total enrollment of 3,928 and student to faculty ratio is 11 to 1 (9.09%).
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NJIT vs. Lipscomb
Lipscomb University (Lipscomb) is a Private, 4-years school located in Nashville, TN. The 2023 tuition & fees is $38,824. The school has a total enrollment of 4,704 and student to faculty ratio is 13 to 1 (7.69%).
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NJIT vs. Florida Gulf Coast
Florida Gulf Coast University (Florida Gulf Coast) is a Public, 4-years school located in Fort Myers, FL. The 2023 tuition & fees is $6,118 for Florida residents and $25,162 for out-of-state students. The school has a total enrollment of 15,969 and student to faculty ratio is 20 to 1 (5.00%).
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Atlantic Sun Conference (A-Sun)

New Jersey Institute of Technology is a member of Atlantic Sun Conference (A-Sun). Check and compare to other member in the conference. You can compare the school in detail at Atlantic Sun Conference (A-Sun) comparison page
University of North Alabama (UNA) is a Public, 4-years school located in Florence, AL. The 2023 tuition & fees is $11,990 for Alabama residents and $22,190 for out-of-state students. The school has a total enrollment of 9,830 and student to faculty ratio is 18 to 1 (5.56%).
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Jacksonville University (JU) is a Private, 4-years school located in Jacksonville, FL. The 2023 tuition & fees is $46,180. The school has a total enrollment of 3,837 and student to faculty ratio is 13 to 1 (7.69%).
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University of North Florida (UNF) is a Public, 4-years school located in Jacksonville, FL. The 2023 tuition & fees is $6,389 for Florida residents and $20,793 for out-of-state students. The school has a total enrollment of 16,406 and student to faculty ratio is 19 to 1 (5.26%).
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Stetson University (Stetson) is a Private, 4-years school located in DeLand, FL. The 2023 tuition & fees is $55,220. The school has a total enrollment of 3,928 and student to faculty ratio is 11 to 1 (9.09%).
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New Jersey Institute of Technology (NJIT) is a Public, 4-years school located in Newark, NJ. The 2023 tuition & fees is $19,022 for New Jersey residents and $35,934 for out-of-state students. The school has a total enrollment of 12,332 and student to faculty ratio is 15 to 1 (6.67%).
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Lipscomb University (Lipscomb) is a Private, 4-years school located in Nashville, TN. The 2023 tuition & fees is $38,824. The school has a total enrollment of 4,704 and student to faculty ratio is 13 to 1 (7.69%).
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Florida Gulf Coast University (Florida Gulf Coast) is a Public, 4-years school located in Fort Myers, FL. The 2023 tuition & fees is $6,118 for Florida residents and $25,162 for out-of-state students. The school has a total enrollment of 15,969 and student to faculty ratio is 20 to 1 (5.00%).
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New Jersey Best Colleges

Check out the top colleges in New Jersey and compare them to get right decision.

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The College of New JerseyPublic, 4-yearsEwing, NJ

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Rider UniversityPrivate, 4-yearsLawrenceville, NJ

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Rutgers University-NewarkPublic, 4-yearsNewark, NJ

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All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023
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