by our College Data Analytics TeamBelow is the data on what it actually costs to attend New Jersey Institute of Technology, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.
If you want to dig into a particular figure, jump to any section below:
Cost of attendance at New Jersey Institute of Technology came in between $32,228.00 ranging to $49,918.00 depending on whether you qualify for in-state rates.
In-state students paid the lower published figure, while out-of-state students faced the higher one: around $32,228.00 in-state against $49,918.00 for those paying out-of-state rates.
Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.
| Tuition and fees | $19,974.00 |
| + Room, board & other expenses | $12,254.00 |
| Total cost | $32,228.00 |
| That is 67% above the national average net price. |
| Total cost | $32,228.00 |
| − Grants and scholarships | −$16,355.00 |
| Net price | $15,873.00 |
| That is 18% below the national average net price. |
| Total cost | $32,228.00 |
| − Grants and scholarships | −$22,721.00 |
| Net price | $9,507.00 |
| That is 51% below the national average net price. |
| Tuition and fees | $37,664.00 |
| + Room, board & other expenses | $12,254.00 |
| Total cost | $49,918.00 |
| That is 159% above the national average net price. |
| Total cost | $49,918.00 |
| − Grants and scholarships | −$16,355.00 |
| Net price | $33,563.00 |
| That is 74% above the national average net price. |
| Total cost | $49,918.00 |
| − Grants and scholarships | −$22,721.00 |
| Net price | $27,197.00 |
| That is 41% above the national average net price. | |
| Want the line-by-line detail? Dig into tuition and fees plus room and board. |
The reported cost series has been increasing at a recent average of 3.4% a year, so a full degree will cost more than a single year — the tables below carry that forward. The detailed projections below compare a degree for a low-income aided student, an average-aid student, and a no-aid student. The repayment figures use a ten-year loan at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.4% | 3.4% | 3.4% |
| Freshman year | $9,834.00 | $16,419.00 | $33,337.00 |
| Senior year | $10,884.00 | $18,173.00 | $36,897.00 |
| Total 4-year net price | $41,413.00 | $69,144.00 | $140,388.00 |
| 10-year loan interest @ 6.8% | $15,777.00 | $26,341.00 | $53,483.00 |
| Total monthly payment | $477.00 | $796.00 | $1,616.00 |
| Total amount paid | $57,190.00 | $95,485.00 | $193,871.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.4% | 3.4% | 3.4% |
| Freshman year | $9,834.00 | $16,419.00 | $33,337.00 |
| Senior year | $10,172.00 | $16,984.00 | $34,484.00 |
| Total 2-year net price | $20,006.00 | $33,403.00 | $67,820.00 |
| 10-year loan interest @ 6.8% | $7,622.00 | $12,725.00 | $25,837.00 |
| Total monthly payment | $230.00 | $384.00 | $780.00 |
| Total amount paid | $27,628.00 | $46,128.00 | $93,658.00 |
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.4% | 3.4% | 3.4% |
| Freshman year | $28,133.00 | $34,718.00 | $51,635.00 |
| Senior year | $31,137.00 | $38,426.00 | $57,150.00 |
| Total 4-year net price | $118,472.00 | $146,203.00 | $217,447.00 |
| 10-year loan interest @ 6.8% | $45,134.00 | $55,698.00 | $82,839.00 |
| Total monthly payment | $1,363.00 | $1,683.00 | $2,502.00 |
| Total amount paid | $163,606.00 | $201,901.00 | $300,286.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.4% | 3.4% | 3.4% |
| Freshman year | $28,133.00 | $34,718.00 | $51,635.00 |
| Senior year | $29,101.00 | $35,912.00 | $53,412.00 |
| Total 2-year net price | $57,233.00 | $70,630.00 | $105,047.00 |
| 10-year loan interest @ 6.8% | $21,804.00 | $26,907.00 | $40,019.00 |
| Total monthly payment | $659.00 | $813.00 | $1,209.00 |
| Total amount paid | $79,037.00 | $97,537.00 | $145,066.00 |
See the full net-price breakdown in the net price section below.
The net price is the real out-of-pocket cost — what families pay after grant and scholarship aid is applied. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $16,504.00 |
| Average net price (off-campus) | $16,496.00 |
The real cost varies by income because need-based aid scales with financial need. Below, average net price is broken out by family income:
| Family income | Average net price |
|---|---|
| Under $30,000 | $11,534.00 |
| $30,000 to $48,000 | $12,526.00 |
| $48,001 to $75,000 | $16,317.00 |
| $75,001 to $110,000 | $21,967.00 |
| Over $110,000 | $27,681.00 |
Use New Jersey Institute of Technology Net Price Calculator, or get in touch with the financial aid office.
For the grant-and-scholarship detail behind these figures, see the financial aid breakdown.
The median amount borrowed by graduates of New Jersey Institute of Technology is $17,500.00, which the Department of Education classifies as a Low ($10-20k) burden category.
Across borrowers, debt at graduation distributes like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $4,250.00 |
| 25th | $7,812.00 |
| Median (50th) | $17,500.00 |
| 75th | $28,900.00 |
| 90th | $35,820.00 |
The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.
For the full borrowing and repayment picture, see the student loan debt page.
Debt outcomes vary substantially with family income. The breakdown below segments borrowers by family income at entry:
| Family income | Median debt at graduation |
|---|---|
| Low income | $17,868.00 |
| Middle income | $16,750.00 |
| High income | $16,626.00 |
Low-income graduates carry $1,242.00 more debt than high-income graduates.
Whether your parents attended college is associated with differences in median debt at graduation.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $17,873.00 |
| Continuing-generation students | $16,125.00 |
First-generation borrowers from New Jersey Institute of Technology hold $1,748.00 more debt than continuing-generation students.
The Pell Grant is the main federal need-based award for undergraduates. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.
The median debt difference between Pell-eligible and non-Pell graduates of New Jersey Institute of Technology amounts to $3,500.00. This institution is flagged by federal data for Pell-debt inequity.
The default-rate classification at New Jersey Institute of Technology is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 4.8% |
To put the rates in context, Stafford loans at New Jersey Institute of Technology amount to $401,484,005.00 across 19,319 recipients.
Veterans and active-duty students can access dedicated federal education aid including the GI Bill and Department of Defense tuition support.
| GI Bill recipients | 173 |
| Avg GI Bill amount | $6,685.00 |
| DoD Tuition Assistance recipients | 13 |
| Avg DoD Tuition Assistance | $1,568.00 |
Explore GI Bill and military aid in detail on the college veterans page.
The figures above are a starting point — as you weigh New Jersey Institute of Technology, the questions below are worth your time:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.