2023 Best Value Colleges for Mechanical Engineering in New Jersey (With Aid)
6
Ranked Colleges
945
Degrees Awarded
$24,000
Avg Net Price*
When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 in New Jersey For Those Getting Aid” ranking is part of that endeavor.
In 2020-2021, 46,178 people earned their degree in mechanical engineering, making the major the 21st most popular in the United States. In 2019-2020, mechanical engineering graduates who were awarded their degree in 2017-2019, earned an average of $69,007 and had an average of $23,944 in loans still to pay off.
Across New Jersey, there were 945 mechanical engineering graduates with average earnings and debt of $66,974 and $24,829 respectively.
For this year’s “Best Value ME Schools in New Jersey For Those Getting Aid” ranking, we looked at 6 colleges that offer a degree in mechanical engineering. Not only do the schools that top this list have excellent mechanical engineering programs, but they also cost less that 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
The me school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value ME Schools in New Jersey For Those Getting Aid”.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value ME Schools in New Jersey For Those Getting Aid
The following schools top our list of the Best Best Value ME Schools in New Jersey For Those Getting Aid.
Top 6 Best Value Colleges for Mechanical Engineering in New Jersey (With Aid)
Out of the 6 schools in the Best Value ME Schools 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, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s ME degrees to 69 students in 2020-2021.
Princeton also made our “Best Mechanical Engineering Schools in New Jersey” list, coming in at #1. The yearly cost to attend Princeton is $9,836 for New Jersey ME students with aid.
The school has an impressive undergrad student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. Since the school has a undergrad student-to-faculty ratio of 4 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Full Princeton Mechanical Engineering Report
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 in New Jersey For Those Getting Aid. Rutgers New Brunswick is located in New Brunswick, New Jersey and, has a large student population. In 2020-2021, this school awarded 205 ’s ME degrees to qualified students.
Rutgers New Brunswick not only placed well in this ranking. It is also #4 on our “Best Mechanical Engineering Schools in New Jersey” list. It costs about $23,035 for new jersey me students with aid per year to attend Rutgers University - New Brunswick.
With a freshman retention rate of 93%, the school does an excellent job of retaining its undergraduate students. The school has an impressive undergrad student loan default rate. It’s only 2.6%, which is much lower than the national rate of 10.1%.
Full Rutgers University - New Brunswick Mechanical Engineering Report
You’ll join some of the best and brightest minds around if you attend New Jersey Institute of Technology. The school came in at #3 for the Best Value ME Schools in New Jersey For Those Getting Aid. Newark, New Jersey is the setting for this fairly large institution of higher learning. The public school handed out ’s ME degrees to 281 students in 2020-2021.
NJIT did well in our major quality rankings, too. It placed #3 on our “Best Mechanical Engineering Schools in New Jersey” list. The estimated yearly cost for NJIT is $18,582 for new jersey me students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. The school has an impressive undergrad student loan default rate. It’s only 4.0%, which is much lower than the national rate of 10.1%.
Read full report on Mechanical Engineering at New Jersey Institute of Technology
Out of the 6 schools in the Best Value ME Schools in New Jersey For Those Getting Aid that were part of this year’s ranking, The College of New Jersey landed the #4 spot on the list. Located in Ewing, New Jersey, this medium-sized public school awarded 41 degrees to qualified ’s ME students in 2020-2021.
TCNJ did well in our major quality rankings, too. It placed #5 on our “Best Mechanical Engineering Schools in New Jersey” list. It costs about $28,245 for New Jersey ME students with aid per year to attend TCNJ.
The school has an impressive undergrad student loan default rate. It’s only 1.3%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Read full report on Mechanical Engineering at TCNJ
You’ll be in good company if you decide to attend Rowan University. It ranked #5 on our 2023 Best Value ME Schools in New Jersey For Those Getting Aid list. This fairly large school is located in Glassboro, New Jersey, and it awarded 92 ’s ME degrees in 2020-2021.
As a testament to the quality of education offered at Rowan, the school also landed the #6 spot in our “Best Mechanical Engineering Schools in New Jersey” ranking. The yearly cost to attend Rowan University is $27,158 for New Jersey ME students with aid.
The low undergrad student loan default rate of 4.6% 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%.
Full Rowan University Mechanical Engineering Report
