New Jersey Institute of Technology
New Jersey Institute of Technology is a public institution located in Newark, NJ, offering 66 distinct degree programs across various fields of study. Graduates from New Jersey Institute of Technology report median earnings of $84,276 ten years after entry, reflecting strong career outcomes.
Key Facts
- 2024 Undergraduate Tuition: $19,022
- 2024 Average Net Price: $16,496 After Financial Aid
- 2024 Acceptance Rate: 66.90% Moderate Selectivity
- 2024 Enrolled Students: 8,762 N/A% Full-Time
- 2024 Graduation Rate: 73.11%
- Average SAT Score: 1336
Costs
Tuition Costs
$19,022
2024 Undergraduate Tuition
In 2024, the cost of tuition at New Jersey Institute of Technology was $19,022.
Tuition comparison with similar institutions.
Average Net Price
$16,496
2024 Value
In 2024 New Jersey Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $16,496.
Average net price comparison with similar institutions.
Total Cost of Attendance
$65,984 Estimated 4-Year Total Cost
$16,496 Average Annual Net Price (after aid)
$76,088 4-Year In-State Tuition
$143,736 4-Year Out-of-State Tuition
Costs include tuition and fees. Room & board, books, and other expenses are additional.
4-year total cost breakdown for New Jersey Institute of Technology.
Financial Aid by Income Level
38.97% Undergraduates Receiving Financial Aid through Grants
32.85% Undergraduates Receiving Financial Aid through Loans
Financial aid distribution by income level.
Student Loan Default Rate
Not reported
3-year cohort default rate (College Scorecard)
The published 3-year cohort default rate for borrowers at New Jersey Institute of Technology was not reported in the College Scorecard extract for this institution.
Cohort default rates account for borrowers who default in the first three years.
Admissions
Acceptance Rate
66.90% Acceptance Rate
This institution has a moderate acceptance rate, accepting most qualified applicants.
Acceptance rate compared to national average.
Test Scores
SAT Average: 1336
Average SAT and ACT scores for admitted students.
Academic Requirements
Estimated GPA Range: 3.5 - 3.7
Estimated Median GPA: 3.60
Note: GPA requirements are estimated based on admission selectivity and test scores. Actual requirements may vary.
Estimated GPA and test score ranges.
Enrollment
Full-Time vs Part-Time Enrollment
N/A% Full-Time Enrollment
The total enrollment at New Jersey Institute of Technology in 2024 is 8,762 students.
Full-time vs part-time enrollment comparison.
Retention Rate over Time
N/A%
2024 Retention Rate
Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.
Retention rate over time compared to similar institutions.
Graduates & Outcomes
Time to Complete
49.43% 100% Completion Time
73.11% 150% Completion Time
In 2024, 49.43% of students graduating from New Jersey Institute of Technology completed their program within 100% "normal time".
Completion rates over time compared to similar institutions.
ROI & Programs
Financial value and program information for New Jersey Institute of Technology.
Return on Investment
$21,000 Median Student Debt
$84,276 Median Annual Earnings (10 years)
24.92% Debt-to-Earnings Ratio
1177.22% Return on Investment
2.5 years Estimated Payback Period
Financial value analysis for New Jersey Institute of Technology.
Top Programs by Completions
10 Programs Reporting Data
Computer and Information Sciences and Support Services: 677 completions
CIP 14.0801: 259 completions
General Computer & Information Sciences: 218 completions
Mechanical Engineering: 218 completions
CIP 30.7001: 209 completions
Computer Science - 11.0401: 180 completions
CIP 04.0902: 139 completions
CIP 52.0201: 119 completions
Architectural Engineering Technologies/Technicians: 105 completions
Other/Unknown Programs: 3,332 completions
Most popular programs at New Jersey Institute of Technology.
Employment Outcomes
$69,591 Median Earnings (6 years after entry)
$77,642 Median Earnings (8 years after entry)
$84,276 Median Earnings (10 years after entry)
Earnings outcomes for New Jersey Institute of Technology graduates.
About
New Jersey Institute of Technology is a public institution located in Newark, NJ, offering 66 distinct degree programs across various academic disciplines. The institution enrolls approximately 8,762 students. The admission rate is 66.90%. Average SAT scores for admitted students are 1336. The institution maintains a 73.11% graduation rate. Approximately 38.97% of students receive Pell Grants.
Institution Type
Public
Location
Newark, NJ 07102
Region: Mid East
Insights and Analysis
Strong Career Outcomes: New Jersey Institute of Technology graduates report median earnings of $84,276 ten years after entry, placing them among the higher-earning college graduates nationally. This strong earnings potential reflects both the quality of education and the career opportunities available to graduates.
Diverse Program Offerings: With over 66 distinct degree programs, New Jersey Institute of Technology provides students with a wide range of academic options. This diversity allows students to explore various fields and find programs that align with their interests and career goals.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology
Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.
All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.