2022 Best Value Master’s Degree Colleges for Mechanical Engineering in New Jersey (With Aid)

When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid” ranking is part of that endeavor.

Mechanical Engineering is the 20th most popular major in the country with 47,598 degrees awarded in 2019-2020. In 2017-2018, mechanical engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,495 and had an average of $23,104 in loans still to pay off.

Across New Jersey, there were 963 mechanical engineering graduates with average earnings and debt of $61,383 and $23,574 respectively. At the master’s degree level specifically, there were 174 mechanical engineering graduates with average earnings and debt of $60,690 and $39,821 respectively.

This year’s “Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid” ranking looked at 4 colleges that offer degrees in a bachelor’s in mechanical engineering. This ranking identifies schools with high-quality mechanical engineering programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the mechanical engineering program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid

The following schools top our list of the Best Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid.

Top 4 Best Value Master’s Degree Colleges for Mechanical Engineering in New Jersey (With Aid)

#1

Princeton University

Princeton, New Jersey

#1 in overall quality

$56,470 Avg Grad Tuition & Fees

Out of the 4 schools in the Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid that were part of this year’s ranking, Princeton University landed the #1 spot on the list. Princeton University is a medium-sized private not-for-profit school situated in Princeton, New Jersey. It awarded 12 masters’s ME degrees in 2019-2020.

As a testament to the quality of education offered at Princeton, the school also landed the #1 spot in our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at Princeton University are $56,470, but some majors have different tuition rates.

Read more about Mechanical Engineering at Princeton

#2

Rutgers University - New Brunswick

New Brunswick, New Jersey

#3 in overall quality

$32,132 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Rutgers University - New Brunswick. The school came in at #2 for the Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid. New Brunswick, New Jersey is the setting for this large institution of higher learning. The public school handed out masters’s ME degrees to 31 students in 2019-2020.

Rutgers New Brunswick also made our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” list, coming in at #3. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Rutgers University - New Brunswick are $32,132.

Full Rutgers New Brunswick Mechanical Engineering Report

#3

New Jersey Institute of Technology

Newark, New Jersey

#4 in overall quality

$33,744 Avg Grad Tuition & Fees

$77,401 Average Early-Career Earnings

Out of the 4 schools in the Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid that were part of this year’s ranking, New Jersey Institute of Technology landed the #3 spot on the list. Newark, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out masters’s ME degrees to 62 students in 2019-2020.

In addition to being on our new jersey master’s degree me students with aid list, NJIT has also earned the #4 rank in our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at New Jersey Institute of Technology are $33,744, but you may pay more or less depending on your major.

Full New Jersey Institute of Technology Mechanical Engineering Report

#4

Stevens Institute of Technology

Hoboken, New Jersey

#2 in overall quality

$38,876 Avg Grad Tuition & Fees

$77,872 Average Early-Career Earnings

Out of the 4 schools in the Best Value ME Schools for a Master’s in New Jersey For Those Getting Aid that were part of this year’s ranking, Stevens Institute of Technology landed the #4 spot on the list. Stevens Institute of Technology is a medium-sized school located in Hoboken, New Jersey that handed out 69 masters’s ME degrees in 2019-2020.

In addition to being on our new jersey master’s degree me students with aid list, Stevens has also earned the #2 rank in our “Best Mechanical Engineering Master’s Degree Schools in New Jersey” ranking. Average graduate tuition and fees at Stevens are $38,876, but you may pay more or less depending on your major.

Read more about Mechanical Engineering at Stevens

• Best Value Master’s Degree Colleges for Mechanical Engineering in the Middle Atlantic Region (With Aid)
• Best Value Master’s Degree Colleges for Mechanical Engineering (With Aid)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to Michel Villeneuve.

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