New Jersey Institute of Technology

https://www.njit.edu

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    2024 Undergraduate Tuition
    $16,334
    4.6% growth from 2023
    2024 Average Net Price
    $17,313
    After Financial Aid
    2024 Acceptance Rate
    65.1%
    15,607 Applicants
    2024 Enrolled Students
    13,247
    80.2% Full-Time
    2024 Graduation Rate
    72.8%
    892 Graduates

    About

    New Jersey Institute of Technology is a higher education institution located in Essex County, NJ. In 2024, the most popular Masters Degree concentrations at New Jersey Institute of Technology were General Computer & Information Sciences (335 degrees awarded), Data Science, General (201 degrees), and Information Science (115 degrees).

    In 2024, 3,332 degrees were awarded across all undergraduate and graduate programs at New Jersey Institute of Technology. 29.6% of these degrees were awarded to women, and 70.4% awarded men. The most common race/ethnicity group of degree recipients was white (860 degrees), 1.43 times more than then the next closest race/ethnicity group, asian (600 degrees).

    The median undergraduate tuition at New Jersey Institute of Technology is $16,334, which is $−15,586 less than the national average for Doctoral Universities ($31,920).

    Doctoral Universities: Highest Research ActivityDoctoral Universities

    Costs

    In 2024, the median undergraduate tuition at New Jersey Institute of Technology is $16,334, which is $15,586 less than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $17,313.

    In 2024, 70% of undergraduate students attending New Jersey Institute of Technology received financial aid through grants. Comparatively, 31% of undergraduate students received financial aid through loans.

    Tuition Costs

    $16,334
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at New Jersey Institute of Technology was $16,334. The cost of tuition at New Jersey Institute of Technology is $−15,586 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

    This chart compares the tuition costs of New Jersey Institute of Technology (in red) with those of other similar universities.

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    Average Net Price

    $17,313
    2024 Value
    3.45%
    1 Year Growth

    In 2024 New Jersey Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $17,313. Between 2023 and 2024, the average net price of New Jersey Institute of Technology grew by 3.45%.

    This chart compares the average net price of New Jersey Institute of Technology (in red) with that of other similar universities.

    Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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    Other Student Expenses

    $16,100
    Room and Board
    $2,750
    Books and Supplies

    The average yearly cost of room and board at New Jersey Institute of Technology was of $16,100 in 2024. The cost of room and board increased by 20.1% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $2,750. The cost of books and supplies did not change during the same period.

    This chart compares the average student costs at New Jersey Institute of Technology (in red) with that of similar universities.

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    Financial Aid by Income Level

    70%
    Undergraduates Receiving Financial Aid through Grants
    31%
    Undergraduates Receiving Financial Aid through Loans

    70% of undergraduate students at New Jersey Institute of Technology received financial aid through grants or loans in 2024. This represents a decline of 1.41% with respect to 2023, when 71% of undergraduate students received financial aid.

    This chart compares the average award discount at New Jersey Institute of Technology (in red) with that of other similar universities.

    The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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    Admissions

    New Jersey Institute of Technology received 15,607 undergraduate applications in 2024, which represents a 11.5% annual growth. Out of those 15,607 applicants, 10,156 students were accepted for enrollment, representing a 65.1% acceptance rate.

    There were 13,247 students enrolled at New Jersey Institute of Technology in 2024. 45% of first-time enrollees submitted SAT scores with their applications.

    New Jersey Institute of Technology has an overall enrollment yield of 17.2%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    65.1%
    Acceptance Rate in 2024
    10,156
    Accepted Out of 15,607

    In 2024, the undergraduate acceptance rate of New Jersey Institute of Technology was 65.1% (10,156 admissions from 15,607 applications). This is lower than the acceptance rate of 2023, which was 66.9%. Between 2023 and 2024, the number of applicants grew by 11.5%, while admissions grew by 8.48%.

    This chart compares the acceptance rate of New Jersey Institute of Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    SAT Scores

    45%
    Submission Percentage (2024)
    789
    Scores Submitted (2024)

    45% of enrolled first-time students at New Jersey Institute of Technology in 2024 submitted SAT scores with their applications.

    The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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    Enrollment

    New Jersey Institute of Technology had a total enrollment of 13,247 students in 2024. The full-time enrollment at New Jersey Institute of Technology is 10,621 students and the part-time enrollment is 2,626. This means that 80.2% of students enrolled at New Jersey Institute of Technology are enrolled full-time.

    The enrolled student population at New Jersey Institute of Technology, both undergraduate and graduate, is 25.9% White, 22.9% Hispanic or Latino, 17.8% Asian, 10.1% Black or African American, 2.73% Two or More Races, 0.0906% American Indian or Alaska Native, and 0.0377% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at New Jersey Institute of Technology in full-time Undergraduate programs are most commonly White Male (21.7%), followed by Hispanic or Latino Male (20.1%) and Asian Male (14.4%). Students enrolled in full-time Graduate programs are most commonly White Male (5.79%), followed by Asian Male (3.52%) and Hispanic or Latino Male (2.76%).

    Full-Time vs Part-Time Enrollment

    80.2%
    Full-Time Enrollment

    The total enrollment at New Jersey Institute of Technology in 2024, both undergraduate and graduate, is 13,247 students. The full-time enrollment at New Jersey Institute of Technology is 10,621 and the part-time enrollment is 2,626. This means that 80.2% of students enrolled at New Jersey Institute of Technology are enrolled full-time compared with 77.3% at similar Doctoral Universities.

    This chart shows the full-time vs part-time enrollment status at New Jersey Institute of Technology (in red) compares to similar universities.

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    Retention Rate over Time

    90%
    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. The retention rate for full-time undergraduates at New Jersey Institute of Technology was 90%. Compared with the full-time retention rate at similar Doctoral Universities (82%), New Jersey Institute of Technology had a retention rate higher than its peers.

    This chart shows the retention rate over time at New Jersey Institute of Technology (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      3,426 enrolled students
    2. Hispanic or Latino
      3,038 enrolled students
    3. Asian
      2,357 enrolled students

    The enrolled student population at New Jersey Institute of Technology is 25.9% White, 22.9% Hispanic or Latino, 17.8% Asian, 10.1% Black or African American, 2.73% Two or More Races, 0.0906% American Indian or Alaska Native, and 0.0377% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% Black or African American.

    Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 486 students (3.67%) did not report their race.

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    Graduates

    In 2024, 1,358 fewer women than men received degrees from New Jersey Institute of Technology. The most common race/ethnicity group of degree recipients at New Jersey Institute of Technology is white (860 degrees awarded). There were 1.43 times more white recipients than the next closest race/ethnicity group, asian (600 degrees).

    The most common Masters Degree concentration at New Jersey Institute of Technology is General Computer & Information Sciences (335 degrees awarded), followed by Data Science, General (201 degrees) and Information Science (115 degrees).

    In 2024,  the most specialized majors across all degree types at New Jersey Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (144 degrees awarded), Engineering (940 degrees), and Computer and Information Sciences and Support Services (1,130 degrees).

    Common Jobs by Major

    Software developers
    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at New Jersey Institute of Technology are Software developers (1,143,116 people), Other managers (479,929 people), Miscellaneous engineers, including nuclear engineers (418,743 people), Civil engineers (327,370 people), and Mechanical engineers (236,829 people).

    The most specialized majors at New Jersey Institute of Technology in 2024 are Architecture and Related Services (144 degrees awarded), Engineering (940 degrees), Computer and Information Sciences and Support Services (1,130 degrees), Engineering Technologies (274 degrees), and Interdisciplinary Studies (251 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    Surgeons
    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at New Jersey Institute of Technology are Surgeons, Cardiovascular technologists and technicians, Podiatrists, Actuaries, and Securities, commodities, & financial services sales agents

    The most specialized majors at New Jersey Institute of Technology are Architecture and Related Services (144 degrees awarded), Engineering (940 degrees), Computer and Information Sciences and Support Services (1,130 degrees), Engineering Technologies (274 degrees), and Interdisciplinary Studies (251 degrees) (as of 2024).

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    Common Industries by Major

    Computer Systems Design
    Most Common Industry

    The most common industries for people who hold a degree in one of the 5 most specialized majors at New Jersey Institute of Technology are Computer Systems Design (1,146,709 people), Architectural, engineering & related services (649,925 people), Construction (423,663 people), Colleges, universities & professional schools, including junior colleges (317,082 people), and Elementary & secondary schools (273,120 people).

    The most specialized majors at New Jersey Institute of Technology are Architecture and Related Services (144 degrees awarded), Engineering (940 degrees), Computer and Information Sciences and Support Services (1,130 degrees), Engineering Technologies (274 degrees), and Interdisciplinary Studies (251 degrees) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New Jersey Institute of Technology.
    Most Common (2024)
    1. General Computer & Information Sciences
      264 degrees awarded
    2. Information Technology
      200 degrees awarded
    3. Mechanical Engineering
      179 degrees awarded

    In 2024, the most common bachelors degree concentration at New Jersey Institute of Technology was General Computer & Information Sciences with 264 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at New Jersey Institute of Technology according to their major.

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    Sex Breakdown for Common Majors

    2,345
    Degrees Awarded to Men
    in 2024
    987
    Degrees Awarded to Women
    in 2024

    In 2024, 2,345 degrees were awarded to men at New Jersey Institute of Technology, which is 2.38 times more than the number of degrees awarded to females (987).

    This chart displays the sex disparity between the top 5 majors at New Jersey Institute of Technology by degrees awarded.

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    Most Common Male Majors

    In 2024, 500 degrees were awarded to men at New Jersey Institute of Technology in General Computer & Information Sciences, which is 2.82 times more than the 177 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 177 degrees were awarded to men at New Jersey Institute of Technology in General Computer & Information Sciences, which is 0.354 times less than the 500 male recipients with that same degree.

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    Time to Complete

    48%
    100% Completion Time
    74%
    150% Completion Time

    In 2024, 48% of students graduating from New Jersey Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 74% completed their degrees within 150% of the normal time, and 77% within 200%.

    The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

    Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      860 degrees awarded
    2. Asian
      600 degrees awarded
    3. Hispanic or Latino
      458 degrees awarded

    The most common race/ethnicity at New Jersey Institute of Technology is white (860 degrees awarded). There were 1.43 times more white recipients than the next closest race/ethnicity group, asian (600 degrees).

    2.76% of degree recipients (92 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Male
      714 degrees awarded
    2. White Male
      694 degrees awarded
    3. White Male
      677 degrees awarded

    The most common race/ethnicity and sex grouping at New Jersey Institute of Technology is white male (714 degrees awarded). There were 1.03 times more white male recipients than the next closest race/ethnicity group, white male (694 degrees).

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    Operations

    New Jersey Institute of Technology has an endowment valued at nearly $180M, as of the end of the 2024 fiscal year. The return on its endowment was of 37.4M (20.9%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, New Jersey Institute of Technology had a total salary expenditure of 547M. New Jersey Institute of Technology employs 164 Lecturers, 141 Professors and 110 Associate professors. Most academics at New Jersey Institute of Technology are Male Professor (125), Male Lecturer (112), and Male Associate professor (84).

    The most common positions for non-instructional staff at New Jersey Institute of Technology are: Business and Financial Operations, with 244 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 158 employees, and Office and Administrative Support with 148 employees.

    Endowment

    $180M
    2024 Endowment
    11.6%
    growth from 2023

    New Jersey Institute of Technology has an endowment valued at about $180M, as of the end of the 2024 fiscal year. The endowment of New Jersey Institute of Technology grew 11.6% from the previous year. The value of their endowment was $72.6M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

    This line chart shows how the endowment at New Jersey Institute of Technology (in red) compares to that of some similar universities.

    The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

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    Salary Expenditure

    $214M
    2024 Salaries
    14.3%
    growth from 2023

    In 2024, New Jersey Institute of Technology paid a median of $214M in salaries, which represents 39.1% of their overall expenditure ($547M) and a 14.3% growth from the previous year. This is compared to a 9.36% growth between 2022 and 2023, and a 2.94% growth between 2021 and 2022.

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    Instructional Salaries

    $74.2M
    Instructional Salaries
    532
    Number of Employees

    In 2024, New Jersey Institute of Technology paid a total of $74.2M to 532 employees working as instructors, which represents 34.7% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at New Jersey Institute of Technology were Business and Financial Operations with 244 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 158 employees, and Office and Administrative Support with 148 employees.

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