For the academic year 2022-2023, total 1,154 full-time, first-time students (93% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 6,315 students (69% of all students) received grants or scholarships and the average grant amount is $14,309. In addition, 3,151 students received student loans and the average loan amount is $6,686.
Below tables show the number and amount by source of financial aid at New Jersey Institute of Technology.
For all undergraduate students, total 6,315 students (69% of all students) received grants or scholarships and the average grant amount is $14,309. In addition, 3,151 students received student loans and the average loan amount is $6,686.
Below tables show the number and amount by source of financial aid at New Jersey Institute of Technology.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 6,315 | 69% | $14,309 |
| Pell Grants | 3,456 | 38% | $5,073 |
| Federal Student Loans | 3,151 | 34% | $6,686 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,154 | 93% | - |
| Grants or Scholarship from All Sources | 1,094 | 89% | $15,959 |
| Federal Grants | 547 | 44% | $6,459 |
| Pell Grants | 471 | 38% | $5,550 |
| Other Federal Grants | 408 | 33% | $2,252 |
| State/Local Grants | 433 | 35% | $9,317 |
| Institutional Grants | 882 | 71% | $11,215 |
| Student Loans | 461 | 37% | $7,478 |
| Federal Student Loans | 454 | 37% | $5,098 |
| Other Student Loans | 63 | 5% | $17,976 |
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