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 total cost of going to Stevens Institute of Technology can seem tremendous, but do not forget that almost all students are given some form of financial help.
What financing options does Stevens offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Stevens Institute of Technology.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Stevens Institute of Technology, 99% of first-time, full-time freshmen received some form of financial aid some 1011 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $33,897 |
| Institutional grants & scholarships | 98% | $30,638 |
| Federal Pell grants | 20% | $6,298 |
| State/local grants | 14% | $11,269 |
| Federal student loans | 53% | $5,252 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, approximately 97% of undergraduates were awarded an average grant or scholarship of $32,182 (across approximately 3957 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $32,182 |
| Federal Pell grants | 20% | $5,690 |
| Federal student loans | 53% | $6,280 |
Title-IV recipients living on campus saw average grant aid of $38,444.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $26,726 |
| $30,001 – $75,000 | $30,393 |
| Over $75,000 | $45,839 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $41,346 |
| Off-campus title-IV students | $40,468 |
For a customized cost estimate, visit Stevens’s net price tool: npc.collegeboard.org/app/stevens.
The middle student in the debt distribution at Stevens owes $23,250 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $23,250 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Stevens.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $16,234 |
| 75th percentile | $30,250 |
| 90th percentile (highest-debt students) | $33,875 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $23,386 |
| Middle income | $24,000 |
| High income | $23,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,633 |
| Continuing-generation students | $23,250 |
These indicators are derived from the underlying debt data and summarize the overall picture at Stevens.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Stevens:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8176 |
| Total Stafford loan amount | $161,453,163 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 54 |
| Total GI Bill amount | $894,212 |
| Average GI Bill amount per recipient | $16,559 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.