by our College Data Analytics TeamIs NJIT worth the money? College Factual’s value analysis weighs the quality of education against the cost. Here is the verdict.
NJIT is ranked #1,258 out of 3,211 schools for value nationwide, earning a value grade of D. Within New Jersey, it ranks #24 of 59 for value.
Among the majors NJIT offers, these rank best for value nationally.
| Major | National Value Rank |
|---|---|
| Other Engineering-Related Technologies | #1 of 1 |
| Engineering | #1 of 1 |
| Engineering-Related Technologies | #7 of 10 |
| Animation, Interactive Technology, Video Graphics & Special Effects | #15 of 65 |
| Architectural & Building Sciences/Technology | #18 of 67 |
| Architectural Sciences & Technology | #18 of 68 |
| Architecture / Urban Planning | #18 of 68 |
| Graphic Communications | #22 of 76 |
| Bachelor's Degree | #22 of 76 |
| Industrial Design | #24 of 62 |
Read the full NJIT value report below — how it ranks within its state, how it ranks nationwide, what a degree actually costs, and whether it makes financial sense.
New Jersey Institute of Technology is ranked #6 out of #65 in New Jersey for quality and #24 out of #59 for New Jersey value.
Live in-state? You may qualify for a reduced price. Check the NJIT financial aid page to be sure.
New Jersey Institute of Technology is ranked #1,258 out of 3,211 for value nationwide.
Based on our analysis of other colleges at similar price points, New Jersey Institute of Technology is overpriced for the quality of education it provides.
Averaged across all students — those who receive aid and those who pay full price — a year at NJIT costs about $20,645. Over a standard four-year bachelor's program, that adds up to an estimated $82,582 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $33,760 / year |
| Net Price (students receiving aid) | $16,504 / year |
| Average Cost (all students) | $20,645 / year |
| Estimated 4-Year Cost | $82,582 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
Your price depends heavily on your family income and the aid you qualify for. See the NJIT net price page for a fuller breakdown of what you might actually pay.
What NJIT costs you depends on how much aid you receive, so few students fit perfectly into averages.
Here is how the estimated 4-year cost of a NJIT degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $135,040 | — | — |
| All Students | $82,582 | #1,258 | D |
| Only Students Receiving Aid | $66,016 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $135,040 | — | — |
| All Students | $82,582 | #24 | C |
| Only Students Receiving Aid | $66,016 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at NJIT shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $11,534 |
| $30K–$48K | $12,526 |
| $48K–$75K | $16,317 |
| $75K–$110K | $21,967 |
| Over $110K | $27,681 |
About 76% of NJIT undergraduates receive grant or scholarship aid, averaging $16,845 per year. Get more details on the NJIT financial aid you may qualify for.
College Factual calculates value by comparing the average NJIT cost of a degree against other schools of a similar quality. If the school is priced fairly for the educational quality it provides, it receives a fair ranking; if it is underpriced, it earns a good or excellent value.
Read the full Best for the Money Ranking Methodology.