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New Jersey Institute of Technology

Newark, NJ·Public·8,762 students
Last updated: March 22, 2026

A good fit for in-state New Jersey residents. no major red flags in the data. solid earnings of $70,300 within 10 years.

67%
Accept
8,762
Students
$16,496
Net Price
73%
Grad Rate
$70,300
Earnings
10 yr
$17,500
Debt

About This School

New Jersey Institute of Technology is a public institution located in Newark, New Jersey with approximately 8,762 undergraduate students enrolled. New Jersey Institute of Technology has an open or accessible admissions process, with an acceptance rate of 67%. The average net price after financial aid is $16,496 per year. The graduation rate is 73%, and the typical graduate earns $70,300 within 10 years of enrollment.

New Jersey Institute of Technology (NJIT) is a public research university in Newark, New Jersey, United States, with a graduate-degree-granting satellite campus in Jersey City. Founded in 1881 with the support of local industrialists and inventors, especially Edward Weston, NJIT opened as Newark Technical School in 1885 with 88 students. As of fall 2022 the university enrolls 12,332 students from 92 countries, about 2,500 of whom live on its main campus in Newark's University Heights district.

This is a strong option for students serious about engineering, architecture, or computer science who want an affordable STEM-focused education — at $16,496/year average net cost and median earnings of $70,300 a decade out, the financial value is genuinely solid. The 91% freshman retention rate suggests students who enroll tend to stick with it, and the relatively modest $17,500 median debt at graduation makes this a rare case where the math works in your favor. The main concern is the 73% graduation rate, which means roughly 1 in 4 students doesn't finish — worth asking about academic support resources, especially if STEM coursework will be a stretch.

Founded
1881
Setting
Large city

Popular Programs

Engineering39%
Computer Science27%
Business & Marketing5%
Biological Sciences5%
Mathematics1%
Visual & Performing Arts1%
Physical Sciences1%
English0%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Wally SchirraVictor J. StengerOrange CassidyGrace HartiganYuriy TarnawskyPierre RamondChico Borja

Source: Wikidata. Used for context only.

Admissions

SAT Scores

Average Composite1336
Reading 75th %ile710
Math 75th %ile760

ACT Scores

Midpoint Composite30

Cost & Financial Aid

In-State Tuition
$19,022
Out-of-State Tuition
$35,934
Avg Net Price
$16,496
after aid

Financial Aid

Students receiving Pell Grants39%
Median debt at graduation$17,500

Full Cost

After Graduation

Graduation Rate
73%
within 6 years
Retention Rate
91%
freshmen returning
Earnings (10 yr)
$70,300
after enrollment
Median Debt
$17,500
at graduation

Will This School Pay Off?

Median Debt
$17,500
at graduation
Earnings (6 yr)
$54,800
after enrollment
Earnings (10 yr)
$70,300
after enrollment
Earnings-to-Debt Ratio: 4.0x

Strong return. Graduates earn well above their debt load.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White30%
Black10%
Hispanic/Latino28%
Asian21%

Source: U.S. Department of Education College Scorecard (8,762 undergraduates).

Contact & Location

Address

New Jersey Institute of Technology

University Heights

Newark, NJ 07102

View on Google Maps →

Other Schools in New Jersey

Browse all New Jersey schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
Trademarks

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