You’ll be in good company if you decide to attend New Jersey Institute of Technology. It ranked #1 on our 2023 Best Value Materials Engineering Schools in New Jersey For Those Making $48-$75k list. NJIT is a fairly large public school situated in Newark, New Jersey. It awarded 7 ’s materials engineering degrees in 2020-2021.
As a testament to the quality of education offered at NJIT, the school also landed the #1 spot in our “Best Materials Engineering Schools in New Jersey” ranking. It costs about $18,451 for new jersey materials engineering students whose families make $48-$75k per year to attend New Jersey Institute of Technology.
The low undergrad student loan default rate of 4.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. The school has an excellent freshman retention rate of 89%, which means students like the school well enough to return for a second year.