univstats
Number Received Financial Aid (All Undergraduate) 6,315
Percent Received Financial Aid(All Undergraduate) 69%
Average Aid Amount $14,309
Number Received Financial Aid (Freshmen) 1,154
Percent Received Financial Aid (Freshmen) 93%

Financial Aid Information at NJIT

For the academic year 2021-2022, a total of 6,315 students (69% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $14,309. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,154 students (93% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at New Jersey Institute of Technology is $19,022 for New Jersey residents and $35,934 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 6,315 students (69% of all students) have received grants or scholarships and the average received aid amount is $14,309. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at New Jersey Institute of Technology for all undergraduate students.
Undergraduate Student Financial Aid at New Jersey Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid6,31569%$14,309
Pell Grants3,45638%$5,073
Federal Student Loans3,15134%$6,686

Beginning Students Financial Aid

a total of 1,154 beginning students (93% of all freshmen) have received any financial aid and 1,149 students (93% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at New Jersey Institute of Technology.
Beginning Students (Freshmen) Financial Aid at New Jersey Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,15493%-
Grants or Scholarship from All Sources1,09489%$15,959
Federal Grants54744%$6,459
Pell Grants47138%$5,550
Other Federal Grants40833%$2,252
State/Local Grants43335%$9,317
Institutional Grants88271%$11,215
Student Loans46137%$7,478
Federal Student Loans45437%$5,098
Other Student Loans635%$17,976

Students Headcount by Living Status

For academic year 2021-2022, total 966 full-time beginning students have enrolled and attended New Jersey Institute of Technology. Among them, 370 students have lived on campus and 4 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at New Jersey Institute of Technology
Living Status201920202021
Living On-Campus430269370
Living Off-Campus with Family533582592
Living Off-Campus without Family014

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at New Jersey Institute of Technology
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level731675$9,796,530$13,402
$0 - $30,000224224$4,210,524$18,797
$30,001 - $48,000147147$2,657,576$18,079
$48,001 - $75,0008686$1,111,432$12,924
$75,001 - $110,0009181$726,411$7,983
$110,001 or more183137$1,090,587$5,959