2023 Best Value Engineering Schools in New Jersey For Those Getting Aid
5
Ranked Colleges
4,830
Degrees Awarded
$23,200
Avg Net Price*
When pursuing a degree in today’s world, students have many different options to choose from. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Engineering Schools in New Jersey For Those Getting Aid” ranking is one tool we have developed to help in this regard.
In 2020-2021, 198,468 engineering students received their degree, making the major the 7th most popular in the country. In 2019-2020, engineering graduates who were awarded their degree in 2017-2019, earned an average of $68,653 and had an average of $23,855 in loans still to pay off.
Across New Jersey, there were 4,830 engineering graduates with average earnings and debt of $70,153 and $24,899 respectively.
For this year’s “Best Value Engineering Schools in New Jersey For Those Getting Aid” ranking, we looked at 5 colleges that offer a degree in engineering. This ranking identifies schools with high-quality engineering programs that also have a lower cost than schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the engineering program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
More Ways to Rank Engineering Schools
Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Engineering Schools in New Jersey For Those Getting Aid” list, to help you choose the best school for you.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. 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 Engineering Schools in New Jersey For Those Getting Aid
The colleges and universities below are the best for new jersey engineering students with aid.
Top 5 Best Value Colleges for Engineering in New Jersey (With Aid)
You’ll join some of the best and brightest minds around if you attend Princeton University. The school came in at #1 for the Best Value Engineering Schools in New Jersey For Those Getting Aid. Princeton, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 331 students in 2020-2021.
Princeton did well in our major quality rankings, too. It placed #1 on our “Best Engineering Schools in New Jersey” list. The estimated yearly cost for Princeton is $9,836 for new jersey engineering students with aid.
With a undergrad student-to-faculty ratio of 4 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The undergrad student loan default rate at the school is 0.7%, which is quite low when compared to the national default rate of 10.1%.
Full Princeton University Engineering Report
Out of the 5 schools in the Best Value Engineering Schools in New Jersey For Those Getting Aid that were part of this year’s ranking, Rutgers University - New Brunswick landed the #2 spot on the list. This large school is located in New Brunswick, New Jersey, and it awarded 1,191 ’s engineering degrees in 2020-2021.
Rutgers New Brunswick also took the #4 spot in our “Best Engineering Schools in New Jersey” ranking. The estimated yearly cost for Rutgers New Brunswick is $23,035 for New Jersey Engineering students with aid.
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%.
Read more about Engineering at Rutgers University - New Brunswick
Out of the 5 schools in the Best Value Engineering Schools 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. New Jersey Institute of Technology is a fairly large public school situated in Newark, New Jersey. It awarded 1,164 ’s engineering degrees in 2020-2021.
NJIT did well in our major quality rankings, too. It placed #3 on our “Best Engineering Schools in New Jersey” list. It costs about $18,582 for New Jersey Engineering students with aid per year to attend New Jersey Institute of Technology.
Students who start out at the school are likely to stick around. The freshman retention rate is 89%. 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%.
Full New Jersey Institute of Technology Engineering Report
Out of the 5 schools in the Best Value Engineering Schools in New Jersey For Those Getting Aid that were part of this year’s ranking, Rowan University landed the #4 spot on the list. Located in Glassboro, New Jersey, this fairly large public school handed out 401 diplomas to qualified ’s engineering students in 2020-2021.
In addition to being on our new jersey engineering students with aid list, Rowan has also earned the #5 rank in our “Best Engineering Schools in New Jersey” ranking. The estimated yearly cost for Rowan is $27,158 for New Jersey Engineering students with aid.
The undergrad student loan default rate at the school is 4.6%, which is quite low when compared to the national default rate of 10.1%.
Full Rowan University Engineering Report
Out of the 5 schools in the Best Value Engineering Schools in New Jersey For Those Getting Aid that were part of this year’s ranking, Stevens Institute of Technology landed the #5 spot on the list. Hoboken, New Jersey is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s engineering degrees to 1,178 students in 2020-2021.
In addition to being on our new jersey engineering students with aid list, Stevens has also earned the #2 rank in our “Best Engineering Schools in New Jersey” ranking. The yearly cost to attend Stevens is $37,211 for new jersey engineering students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 93%. The undergrad student loan default rate at the school is 1.7%, which is quite low when compared to the national default rate of 10.1%.
Read more about Engineering at Stevens Institute of Technology
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