by our College Data Analytics TeamA large number of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Rutgers University-New Brunswick can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will Rutgers New Brunswick provide, and just what are you going to be eligible for? Read on for answers. Keep reading to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The information provided on this page can help you determine how much aid you may receive from Rutgers University-New Brunswick.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For freshmen starting at Rutgers University-New Brunswick, 69% of new full-time first-years were awarded at least some aid approximately 5295 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 50% | $16,742 |
| Institutional grants & scholarships | 42% | $10,488 |
| Federal Pell grants | 27% | $6,134 |
| State/local grants | 23% | $9,292 |
| Federal student loans | 37% | $9,465 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Rutgers New Brunswick, approximately 57% of undergrads got grants or scholarships worth on average $14,869 (across approximately 20762 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 57% | $14,869 |
| Federal Pell grants | 28% | $5,817 |
| Federal student loans | 35% | $9,576 |
On-campus students receiving title-IV aid were awarded grants averaging $12,587.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,717 |
| $30,001 – $75,000 | $16,564 |
| Over $75,000 | $30,759 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,406 |
| Off-campus title-IV students | $23,519 |
For a customized cost estimate, visit Rutgers New Brunswick’s net price calculator: scarlethub.rutgers.edu/financial-services/tools-resources/net-price-calculator/.
A typical borrower at Rutgers New Brunswick leaves with $19,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,000 |
| Median federal debt (graduates only) | $21,500 |
| Typical 10-year monthly payment (graduates) | $227.94/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Rutgers New Brunswick.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,490 |
| 25th percentile | $10,044 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $19,500 |
| High income | $18,012 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,000 |
| Continuing-generation students | $19,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $18,750 |
| Independent students | $21,916 |
The figure below distills the debt data into a single burden category for Rutgers New Brunswick.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Rutgers New Brunswick:
| Metric | Value |
|---|---|
| Stafford loan recipients | 157138 |
| Total Stafford loan amount | $4,159,266,121 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 432 |
| Total GI Bill amount | $2,323,351 |
| Average GI Bill amount per recipient | $5,378 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 10 |
| Total DoD amount | $19,375 |
| Average DoD amount per recipient | $1,938 |
References
More about our data sources and methodologies.