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.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$14,225.00 is the typical Rutgers University - Newark’s first year financial aid package. Financial aid is provided to about 85% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Rutgers University - Newark you may end up taking on.
In addition to scholarships, 68% of freshman students (949 total) obtained federal grant aid, averaging $5,968.00 a piece.
The numbers plus the graph following refer to mainly federal grants, and some local and state grants.
68% of first years at Rutgers University - Newark (949 total) obtained a federal grant, averaging $5,968.00.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 29.61% | $15,969.00 |
| Income 30k-48k | 16.88% | $14,311.00 |
| Income 48k-75k | 11.80% | $9,312.00 |
| Income 75k-110k | 4.58% | $4,249.00 |
| Income 110k + | 1.57% | $1,150.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 1398 undergraduate students at Rutgers University - Newark around 85% (1072 total) receive some form of grant aid. The typical amount awarded was $14,225.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.