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Wednesday, October 16, 2024

New Jersey Institute of Technology listed among least affordable New Jersey institutions for in-state students in 2022

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Dr. Teik C. Lim, President | The Salon Professional Academy-Cedar Falls

Dr. Teik C. Lim, President | The Salon Professional Academy-Cedar Falls

New Jersey Institute of Technology cost $18,512 in tuition and fees for students studying in-state, according to the latest disclosure from the National Center for Education Statistics.

This ranks New Jersey Institute of Technology as one of the five most expensive schools in New Jersey in 2022.

The amount an in-state students in tuition and fees was $496 more than the previous year.

Out-of-state students attending New Jersey Institute of Technology in 2022 were expected to pay $34,972, which is $938 more than the previous year.

The average cost of college has more than doubled in the 21st century, growing by more than 7% every year. In-state students can expect to spend nearly $10,000 on tuition alone per year at a public, 4-year post-secondary school.Meanwhile, out-of-state tuitions averages $27,457.

In 2022-23 a total of $240.7 billion in financial aid was granted to help graduate and undergraduate students.

Cost of education for in-state students in New Jersey in 2022
CityInstitution NameCollege costs
NewarkNew Jersey Institute of Technology$18,512
EwingThe College of New Jersey$17,978
New BrunswickRutgers University-New Brunswick$16,263
CamdenRutgers University-Camden$16,112
NewarkRutgers University-Newark$15,648

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