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Can You Afford New York Institute of Technology?

Here is what you can expect to pay at New York Institute of Technology, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.

$53,625.00 Cost of Attendance
$22,443.00 Avg Net Price
$17,000.00 Median Grad Debt

Want a specific number? Skip ahead to any section using the links below:

What You Will Pay to Attend New York Institute of Technology?

The total published cost of attendance at New York Institute of Technology works out to about $53,625.00 per academic year.

Here the cost is broken out three ways: no aid, average aid, and the aid a low-income student typically receives.

The Full Cost for Students (no aid)

Tuition and fees $46,560.00
+ Room, board & other expenses $7,065.00
Total cost $53,625.00
That is 63% above the national average net price.

What Students Actually Pay — Students (with average aid)

Total cost $53,625.00
− Grants and scholarships −$34,533.00
Net price $19,092.00
That is 42% below the national average net price.

Low-Income Net Price for Undergraduates

Total cost $53,625.00
− Grants and scholarships −$39,892.00
Net price $13,733.00
That is 58% below the national average net price.
Want the line-by-line detail? Dig into tuition and fees and room and board.

The Long-Run Cost of a Degree at New York Institute of Technology

Published costs have climbed year over year by around 5.4% a year, so a full degree will cost more than a single year — the tables below carry that forward. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. The loan rows amortise the projected total over a ten-year, 6.8% repayment.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 5.4% 5.4% 5.4%
Freshman year $14,475.00 $20,124.00 $56,523.00
Senior year $16,951.00 $23,566.00 $66,191.00
Total 4-year net price $62,765.00 $87,258.00 $245,088.00
10-year loan interest @ 6.8% $23,911.00 $33,242.00 $93,370.00
Total monthly payment $722.00 $1,004.00 $2,820.00
Total amount paid $86,677.00 $120,501.00 $338,458.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 5.4% 5.4% 5.4%
Freshman year $14,475.00 $20,124.00 $56,523.00
Senior year $15,257.00 $21,211.00 $59,577.00
Total 2-year net price $29,733.00 $41,335.00 $116,100.00
10-year loan interest @ 6.8% $11,327.00 $15,747.00 $44,230.00
Total monthly payment $342.00 $476.00 $1,336.00
Total amount paid $41,060.00 $57,082.00 $160,331.00

See the full net-price breakdown in the Net Price section.

Net Price at New York Institute of Technology

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) $22,443.00
Average net price (off-campus) $20,709.00

Net price is far from uniform: lower-income families typically pay much less after aid. The table below shows the average net price by family-income bracket:

Family income Average net price
Under $30,000 $16,548.00
$30,000 to $48,000 $17,565.00
$48,001 to $75,000 $21,862.00
$75,001 to $110,000 $26,269.00
Over $110,000 $28,544.00

Run your own numbers with the New York Institute of Technology Net Price Calculator, or reach out to the financial aid office.

Want to know how that aid is awarded? See the grants & scholarships detail.

Debt at Graduation from New York Institute of Technology

Median graduate debt at New York Institute of Technology works out to $17,000.00, which federal data classifies as a Low ($10-20k) burden tier.

Across borrowers, debt at graduation distributes like this:

Percentile Debt at graduation
10th $3,750.00
25th $6,750.00
Median (50th) $17,000.00
75th $28,000.00
90th $37,250.00

The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.

Dig deeper into debt on the student loan debt page.

Debt by Family Income at New York Institute of Technology

Median debt at graduation differs meaningfully across income brackets. Below, debt is broken out by low, middle, and high family income:

Family income Median debt at graduation
Low income $18,000.00
Middle income $17,000.00
High income $16,000.00

Low-income borrowers graduate with $2,000.00 in additional median debt versus high-income graduates.

First-Generation Debt Outcomes at New York Institute of Technology

Debt at graduation often differs for first-generation students.

Student group Median debt at graduation
First-generation students $17,500.00
Continuing-generation students $16,000.00

First-generation graduates of New York Institute of Technology leave with $1,500.00 in additional median debt versus continuing-generation peers.

Debt by Pell Status at New York Institute of Technology

Pell Grants are the largest source of federal need-based aid for undergrads. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.

The median debt gap between Pell and non-Pell graduates of New York Institute of Technology comes to $4,427.00. The Department of Education flags this school for a Pell-debt-inequity pattern.

How Borrowers Repay Loans After New York Institute of Technology

The default-rate classification at New York Institute of Technology is Low (<5%).

Window Cohort default rate
2-year 5.7%

To put the rates in context, Stafford loans at New York Institute of Technology come to $1,333,881,646.00 spread across 27,734 student borrowers.

Veteran Benefits at New York Institute of Technology

Veterans and active-duty servicemembers can tap dedicated federal aid programs including the GI Bill and Tuition Assistance from the Department of Defense.

GI Bill recipients 69
Avg GI Bill amount $29,366.00

For the full rundown of veteran and military benefits, see the veterans benefits detail.

Things to Think About

The figures above are a starting point — as you weigh New York Institute of Technology, consider the following:

Dig Deeper on New York Institute of Technology

Use the pages below to go deeper on a specific part of the cost story:

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.

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