New York Institute of Technology

Is NYIT a Good School for the Money?

New York Institute of Technology Value Report

Is NYIT worth the money? Read College Factual's annual NYIT value report to determine if the school is priced fairly for the quality of education they provide.

Below Average Value Nationwide

Below Average National Value
Top 50% National Quality

New York Institute of Technology is ranked #1,942 out of 2,223 for value nationwide.

Based on our analysis of other colleges at similar price points, we believe New York Institute of Technology is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)

National Value Ranking  1942 out of 2223
Overpriced
Great Value
National Value Score  13.34 out of 100
Overpriced
Great Value

Prices of Institutions with Similar Quality Scores

School Total Price Value Grade

*Total price is determined by multiplying average annual cost by time to graduate.

That Degree May Cost You $182,137 in Total

On average, a bachelor's degree from NYIT will cost you about $182,137. This is based on an average price (with and without aid) of $40,838 and a typical 4.46 years to graduate.

Amount
Average Yearly Cost $40,838
Average Years to Graduate 4.46
Estimated Avg Total Cost of Degree $182,137

Many Factors Affect Net Price

Consider the average NYIT student takes 4.46 years to complete their degree. If you can complete your degree faster than that you will save money. This is just one way your NYIT degree may cost less than average.

Does This School Make Financial Sense To You?

$167,036 In-State With Aid
$267,725 Avg Cost No Aid
4.46 Years to Graduate

Most students will not pay the full sticker price and few students fit perfectly into averages.

Look at the table below to get a sense of how NYIT value for your educational dollar might vary.

Nationwide Value by Aid Group Avg Degree Cost Value Rank Value Grade
Students with no Aid $267,725 #0 F
All Students $182,137 #1,942 F
Only Students Receiving Aid $167,036 #1,727 D-
In-State Value by Aid Group Avg Degree Cost Value Rank Value Grade
Students with no Aid $267,725 # F
All Students $182,137 # F
Only Students Receiving Aid $167,036 # F

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of New York.

About 99% of NYIT students receive financial aid. Get more details on what NYIT financial aid you may qualify for.

How to Finance The Gap

How to Calculate Value

College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full Best for the Money Ranking Methodology.

References

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