$35,585

Tuition

$58,496

Cost of Attendance

$22,187

Net Price

New York Institute of Technology (NYIT) Tuition and Fees

New York Institute of Technology offers undergraduate, postgraduate, and doctoral programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $38,010, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing costs $17,485, books and supplies cost $1,104, while the other expenses add up to $4,009.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$36,890$36,890
Book & Supplies$1,104$1,104
Room & Board cost$17,326$17,326
Other Expenses$3,176$3,176
Total Cost of Attendance$58,496$58,496

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. The total tuition and fees for students attending New York Institute of Technology come out to be around $38,010 per year. Apart from that, they should also pay an average amount of $1,104 toward books and supplies, $16,038 for room and boarding charges, and $4,009 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at NYIT is around $59,161, as per the available information.

Average Net Price by Family Income

Net Price

$22,187

Family Income

Avg. Net Price

$0 to $30,000

$17,601

$30,001 to $48,000

$19,032

$48,001 to $75,000

$21,672

$75,001 to $110,000

$25,139

$110,000+

$26,060

The net cost of attending New York Institute of Technology – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $22,197 at NYIT. For students with a family income below $30,000, the estimated net price is $18,094, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $19,006. The amount stands at $21,729 for an annual income between $48,001 and $75,000, $23,838 for the $75,001-$110,000 income bracket, and $26,720 for a family income above $110,000.

Student Loans

Example Loans

$81,692

Stafford Loan Interest

4%

Time to Pay off Student Loan

N/A

Example monthly payment

$847

Total interest paid

$20,042

Sum of Loan Payments

$101,734

To have a realistic understanding of how much it will cost to study at New York Institute of Technology (NYIT) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $81,692 for example. This will result in a $10,164 payment to be made each year. We can assume that the interest rate is 4% post any refinancing or consolidation activities with a NA repayment plan. Then the total payment made towards the loan is $101,734 which is $20,042 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$36,890$36,890
Room & Board Cost$17,326$17,326
Total Tuition & Fees$54,216$54,216

For students pursuing undergraduate courses at New York Institute of Technology, the tuition and fees are estimated to be $38,010 per year. Moreover, the applicants must also pay an amount of $16,038 towards room and boarding charges. In view of this information, the estimated total cost for undergraduate students at NYIT adds up to $59,161.

Graduate Tuition and Fees

In-stateOut-State
Tuition$23,130$23,130
Fees$215$215

Now, coming to the tuition and fees charged for students seeking to pursue postgraduate courses at NYIT, the amount totals around $24,020. This includes $23,760 for the graduate tuition as well as an amount of $260 for the graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$1,285
Undergraduate2018 - 2019$1,205

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend New York Institute of Technology varies between graduate and undergraduate degrees. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $400 and the undergraduate cost per credit hour at $292.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$17,326$13,850
Other Expense$3,176$4,540
Book & Supplies$1,104$1,104

As far as the housing and related charges at NYIT are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $20,839 per year for on-campus housing and $19,256 a year for off-campus lodging facilities. The room and boarding charges for on-campus students come to around $17,485, while the off-campus candidates would need to pay $14,592. On the other hand, the charges toward books and supplies come to around $1,104. The other expenses that students should plan for come to around $3,354 for on-campus candidates and $4,664 for the candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$17,326

Off Campus

$13,850

Housing & Other Expenses

Other Expenses

On Campus

$3,176

Off Campus

$4,540

Housing & Other Expenses

Book & Supplies

On Campus

$1,104

Off Campus

$1,104

As far as the housing and related charges at NYIT are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $20,839 per year for on-campus housing and $19,256 a year for off-campus lodging facilities. The room and boarding charges for on-campus students come to around $17,485, while the off-campus candidates would need to pay $14,592. On the other hand, the charges toward books and supplies come to around $1,104. The other expenses that students should plan for come to around $3,354 for on-campus candidates and $4,664 for the candidates who live off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters NA NA
Post Graduate Certificate NA NA

New York Institute of Technology (NYIT) offers 9 online programs across 3 Majors.

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $297,407. In comparison, the total expenses for undergraduate students stood at $22,197 for 2018-2019, $22,187 for 2017-2018, and $23,300 for 2016-2017.

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