Financial Aid Statistics Comparison
For all undergraduate students, the average percent receiving aid is 71.70 % and the average aid amount is $23,237. The financial aid includes Federal (Pell and other federal), state, local, institutional or other grant aid, and federal student loans. The following table compares the total number and percentage of undergraduate students who received any financial aid between best schools in New Jersey for academic year 2023-2024.
| Rank | Name | Number Receiving Aid | Percent Receiving Aid | Average Amount |
|---|---|---|---|---|
| 1 | Princeton University | 3,365 | 60% | $62,593 |
| 2 | Stevens Institute of Technology | 3,918 | 96% | $31,336 |
| 3 | Rutgers University-New Brunswick | 20,097 | 55% | $14,940 |
| 4 | The College of New Jersey | 3,405 | 48% | $12,002 |
| 5 | Rider University | 2,979 | 94% | $28,512 |
| 6 | Rutgers University-Newark | 6,030 | 80% | $14,570 |
| 7 | Ramapo College of New Jersey | 2,540 | 51% | $12,936 |
| 8 | New Jersey Institute of Technology | 6,360 | 71% | $16,147 |
| 9 | William Paterson University of New Jersey | 4,395 | 67% | $9,468 |
| 10 | Seton Hall University | 5,740 | 95% | $29,861 |
| Average | 5,883 | 71.70% | $23,237 | |
Beginning Students Financial Aid
For first-time, full-time beginning students, the average percent of receiving grant and/or scholarship is 7.89 % and the average grant amount is $2,452. This includes grants or scholarship from all sources - federal (pell grants and other federal grants), state/local, and institutions. The average percent of students who receiving student loans (federal and other student loans) is 4.34 % and the average loan amount is $952. The following table compares the financial aid statistics for first-time, full-time undergraduate students (freshmen) between best schools in New Jersey for academic year 2023-2024.
| Rank | Name | Grants/Scholarships | Student Loans | ||
|---|---|---|---|---|---|
| Number Receiving Aid (Percentage) | Average Amount | Number Receiving Aid (Percentage) | Average Amount | ||
| 1 | Princeton University | 904 (60%) | $60,629 | 116 (8%) | $7,667 |
| 2 | Stevens Institute of Technology | 998 (99%) | $32,789 | 564 (56%) | $10,331 |
| 3 | Rutgers University-New Brunswick | 4,054 (52%) | $16,249 | 3,231 (42%) | $11,606 |
| 4 | The College of New Jersey | 966 (62%) | $13,824 | 792 (50%) | $11,187 |
| 5 | Rider University | 779 (100%) | $27,411 | 501 (64%) | $9,609 |
| 6 | Rutgers University-Newark | 945 (77%) | $16,298 | 318 (26%) | $8,509 |
| 7 | Ramapo College of New Jersey | 560 (66%) | $12,980 | 411 (49%) | $9,936 |
| 8 | New Jersey Institute of Technology | 1,312 (90%) | $17,447 | 468 (32%) | $7,916 |
| 9 | William Paterson University of New Jersey | 661 (83%) | $13,984 | 386 (48%) | $7,082 |
| 10 | Seton Hall University | 1,510 (100%) | $33,582 | 888 (59%) | $11,404 |
| Average | 1,269 (78.90%) | $24,519 | 768 (43.40%) | $9,525 | |
The ranking data is provided by CollegeEvaluator. We compare the schools that ranked top 10 in New Jerseyand in top 500 ranking for all colleges and universities in United States.
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