by our College Data Analytics TeamWhat is a NJIT degree worth? College Factual's value analysis compares NJIT with other schools of similar quality to see if it's priced fairly.
New Jersey Institute of Technology is ranked #1,589 out of 2,223 for value nationwide.
Based on our analysis of other colleges at similar price points, we believe New Jersey Institute of Technology is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)
| School | Total Price | Value Grade |
|---|
*Total price is determined by multiplying average annual cost by time to graduate.
The NJIT time to graduate is about 4.51 years and will cost an estimated $41,095 per year. This brings the total cost to 185,338.
| Amount | |
|---|---|
| Average Yearly Cost | $41,095 |
| Average Years to Graduate | 4.51 |
| Estimated Avg Total Cost of Degree | $185,338 |
Consider the average NJIT student takes 4.51 years to complete their degree. If you can complete your degree faster than that you will save money. This is just one way your NJIT degree may cost less than average.
Most students will not pay the full sticker price and few students fit perfectly into averages.
Look at the table below to get a sense of how NJIT value for your educational dollar might vary.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $223,128 | #0 | F |
| All Students | $185,338 | #1,589 | D |
| Only Students Receiving Aid | $163,145 | #616 | B |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with no Aid | $173,969 | # | F |
| All Students | $136,179 | # | F |
| Only Students Receiving Aid | $113,986 | # | F |
Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of New Jersey.
About 93% of NJIT students receive financial aid. Get more details on what NJIT financial aid you may qualify for.
College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.
Read the full Best for the Money Ranking Methodology.
Image Credit: By Jim.henderson under License
College Factual's Best for the Money Ranking Methodology.