by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Just what financial assistance options will Rutgers New Brunswick provide, and just what are you going to be eligible for? Keep scrolling for more information.
Rutgers University - New Brunswick's typical financial aid deal for incoming first years is $22,977. Around 51.0% of freshman students receive some financial aid, most of which is scholarships and grants.
Student loans technically come under the umbrella of 'financial aid', however the only true discount from the expense of college is a grant or scholarship that you do not need to pay back.
A college loan isn't a true college price reduction, but rather an additional cost consideration. See how much student loan debt from Rutgers New Brunswick you could end up dealing with.
The below numbers apply to grants and scholarships largely supplied by the school itself.
40.0% of incoming freshmen (2,801 total) were awarded scholarships at Rutgers University - New Brunswick, averaging $8,206 per person. This puts it in the top 40th percentile of all colleges in the nation.
1,946 freshman students also received federal grant aid. About 28.0% of Rutgers New Brunswick freshmen got grants around $5,666 a piece.
The chart underneath displays the usual level of scholarship and grant aid distributed to all first year students.
Grants are normally need-based while scholarships are merit-based.
Determine just how much scholarship and grant assistance you might expect to be given based on your income level. The chart following displays first year students receiving federal aid which includes PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.8% | $17,409 |
| Income 30k-48k | 8.7% | $15,175 |
| Income 48k-75k | 7.4% | $10,019 |
| Income 75k-110k | 6.7% | $4,040 |
| Income 110k + | 17.3% | $1,619 |
The graph above displays undergrads who are receiving Title IV aid which is federal assistance from the government in the form of loans, grants or work-study. Learn more.
17,824 Rutgers New Brunswick undergrads obtain grant aid (this is around 49.0% of the overall student population). The usual amount these students obtain is $12,941
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
| Financial Aid Department Website | https://financialaid.rutgers.edu/ |
| Net Price Calculator | https://financialaid.rutgers.edu/tools-and-resources/net-price-calculator/ |
