Cost of Attendance
The New Jersey Institute of Technology offers over 125 Major courses and each course price is different from the others. The University is deemed for its high Return of Investment(ROI). Although the initial costs of the University courses are on the pricier side the outcome of the students is worthy. Every year, thousands of students graduate from NJIT and end up in Multinational Brands or high paid internships. With a history of over 130 years, it has gained a reputation globally which is being kept consistent by its students.
On average, the tuition and fee for an in-state student are around $17,338 and that of out-of-state students is $32,750.
The University also provides financial assistance to its students in the form of scholarships, grants, and student loans.
An average of $17,855 is awarded as financial aid every year.
The annual cost of attending NJIT for an in-state student is $37,738 and that of an out of state student is $53,150. This makes the fee for out of state students almost 40.8% more as compared to resident students. On the further decomposition of the total cost for attending the University we came across the following values:
The tuition & fee for in-state/resident students is $17,388 and that for an out of state/international student is $32,750
Books and supplies for both in state and out of state students are the same that is $2,900.
Room and Board cost sums up to $13,600 for both types of candidates.
Other expenses that encompass student welfare, extra-curriculum, and other charitable fees sum up to $3,900.
Any candidate applying for an in-state fee tariff must prove his/her residency to New Jersey. For that one has to clear an interview at the following portal and email one’s residency proof documents at their email id.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
Net price refers to the amount which one actually needs to pay after NJIT has granted financial aid. The financial aid is subjected to changes. Looking at one’s family income record, financial aid is provided by the university. The average reported annual net price for candidates receiving grants or scholarship aid was $17,855 last year. Net price includes tuition and required fees, books and supplies, and the average cost for room and board and other expenses. The possible amount payable by the students as per the income profile is demonstrated below:
For an income range of $0 to $30,000, the average net price is $12,294.
For $30,001 to $48,000, the net price payable becomes around $14,610.
Income ranges from $48,001 to $75,000, the payable amount becomes $19,973.
For more than $75,001 to $110,000, the average net price is $24,409.
For income more than the above range, the payable net price would be $25,919.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at New Jersey Institute of Technology (NJIT)
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $54,596
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
The undergraduate program in NJIT is globally recognized with its 125 offline and 42 online courses to choose from and a world-class array of skilled instructors to mentor you. The recruitment records have been great ever since. Every passing student’s first salary starts with a six-digit figure.
Let's look at the tuition fee for an undergraduate program:
Tuition & fee for an in-state student is $17,388 and that of an out of state student is $32,750.
The cost summed up for Room and Board for both a resident and non-resident student $13,600.
The New Jersey Institute of Technology is famous for its graduate and postgraduate tracks. It’s Poly technology and Research graduate programs are acknowledged worldwide.
Tuition cost for an in-state student pursuing a graduate program is $20,323 and that for a non-resident student is $29,960.
The average fee for both in-state and out of state students is the same, which is $3,142.
For more information about the graduate programs offered by NJIT, refer to the University’s official page.
The average cost for a class at the New Jersey Institute of Technology is based on published credit per hour prices. The cost per credit hour is directly proportional to the University Major track one is enrolled for.
For UNCG undergraduate students, the cost per credit hour is $539.
Similarly for graduate students, the cost per credit hour is $1101.
As far as the housing and related charges at NJIT are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $18,000 per year for on-campus housing and $20,900 a year for off-campus lodging facilities. For on-campus students at the university, the room and board charges total around $13,900 per year, while the amount charged for off-campus candidates stands at $14,600. Coming to the books and supplies charges, the students will be required to pay an amount of $2,900. Meanwhile, the other expenses that one needs to plan for add up to $4,100 for on-campus students and $6,300 for off-campus students.
Housing & Other Expenses
Room & Boards
Book & Supplies
New Jersey Institute of Technology (NJIT) offers 33 online programs
A four-year undergraduate course as well as living expenses at NJIT are projected to cost around $240,609 as per official data. Notably, the total expenses for undergraduate students amounted to $18,359 in 2018-2019, $17,855 in 2017-2018, and $17,972 in 2016-2017.
Master of Business Administration
Total Cost : $ 54336
Cost per credit: $ 1132
Total Credits: 48
Graduate Certificate in Business Administration
Graduate Certificate in Project Management
Total Cost : $ 13584
Total Credits: 12
Master of Science
Master of Science in Management
Total Cost : $ 33960
Total Credits: 30
Graduate Certificate in Construction Management
Graduate Certificate in Management Essentials
Graduate Certificate in Management of Technology
Graduate Certificate in Business and Information Systems Implementation
Master of Science in Business and Information Systems
Graduate Certificate in Instructional Design, Evaluation, and Assessment
Graduate Certificate in Pharmaceutical Management
Master of Science in Computer Science
Graduate Certificate in Computer Science
Graduate Certificate in Data Mining
Graduate Certificate in User Experience Essentials
Master of Science in Information Systems
Graduate Certificate in Information Systems
Graduate Certificate in Information Security
Graduate Certificate in Network Security and Information Assurance
Master of Science in Electrical Engineering
Master of Science in Civil Engineering
Master of Science in Electrical Management
Graduate Certificate in Engineering
Graduate Certificate in Power Systems Engineering
Graduate Certificate in Software Engineering, Analysis, and Design
Total Cost : $ 23772
Total Credits: 21
Graduate Certificate in Pharmaceutical Manufacturing
Master of Science in Transportation Engineering
Graduate Certificate in Applied Science
Total Cost : $ 16980
Total Credits: 15
Master of Science in Applied Science
Graduate Certificate in Social Media Essentials
Graduate Certificate in Education
Graduate Certificate in Transportation Studies
Graduate Certificate in Digital Marketing Design Essentials
Graduate Certificate in Information Technology
Graduate Certificate in IT Administration
Master of Science in Information Technology Administration and Security
Master of Science in Professional and Technical Communication
Graduate Certificate in Pharmaceutical Technology
Graduate Certificate in Technical Communication Essentials
Teaneck, New Jersey
West Long Branch, New Jersey
Madison, New Jersey
Newark, New Jersey