New Jersey Institute of Technology Reviews and Ranking Awards

Newark, New Jersey

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The New Jersey Institute of Technology (NJIT) is a public, research university located in Newark, New Jersey. Founded in 1881 and beginning with only 88 students, it received significant support from local industries and inventors at the time. Since then, the school has increased enrollment to over 11,400 and has earned the highest research rating possible. The administration, faculty, and staff are dedicated to supporting and increasing the number of high-achieving students on campus, as well as providing challenging, hands-on, and relevant curriculum.


Overview of New Jersey Institute of Technology


The university continually invests in the renewal of existing facilities and the addition of new spaces in order to provide an exceptional teaching, learning, and living environment for all. It also has a huge impact on the state, with a $2.8 billion annual impact on the economy.

In addition to traditional instruction, students can take advantage one of many extensive continuing professional education programs or online courses. These are intended to offer important training for professionals who already have employment.

It’s also important to note that the New Jersey Institute of Technology is fully accredited by all the appropriate accrediting boards, commissions, and associations. Agencies of note include the Middle States Association of Colleges and Schools (MSA), Accreditation Board for Engineering Technology (ABET), Association to Advance Collegiate Schools of Business (AACSB), and National Architectural Accrediting Board (NAAB).

General Information


School Type Public
Campus Setting City: Large
Campus Housing Yes
Student Faculty Ratio 17:1
Graduation Rate 65%
Year Founded 1881

Student Enrollment


Total Students11,423

Undergraduate
8,532
Graduate
2,891

Undergraduate Student

Male 6,399
6,399
Female 2,133
2,133

Graduate Student

Male 2,168
2,168
Female 723
723

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Top Rankings For New Jersey Institute of Technology


New Jersey Institute of Technology Reviews


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Admissions


APPLICATIONS8,123

Male 5,609
Female 2,514

ACCEPTANCE5,199

Male 3,590
Female 1,609

Acceptance Rate64%

Male 64%
Female 64%

Enrollment 1,300

Male 364
Female 247
Admissions
Application Fee $75
High School GPA Required
High School Rank Considered But Not Required
High School Transcripts Required
College Prep Courses Required
Recommendations Required
SAT/ACT Required
TOEFL (Test of English as a Foreign Language) Required
Application Deadline March 1
Common Application Accepted Yes

Tuition Cost & Financial Aid


The New Jersey Institute of Technology claims they are proof that students can earn a well-respected degree from a top-ranked university for an affordable rate. In 2017, the university was recognized as a great return on investment for both in-state and out-of-state students by PayScale.com.

The estimated expenses for New Jersey residents attending undergraduate classes full-time during a recent academic year was $17,674. Out-of-state students paid $33,386 for tuition and fees, plus additional indirect costs. These totals do not, however, include room, board, books, supplies, and other various costs, which students living on campus can expect will be approximately $19,995 a year. Choosing to live off campus can be more expensive. These students may pay as much as $23,800 per year.

The average graduate student tuition and fees for the same year were $23,828 for in-state students and $33,744 for out-of-state students. Again, room and board, books, supplies, and additional costs are not included. These extra expenses are estimated to be $18,495 for students living on campus and $22,300 for students living off campus.

Many NJIT students receive some form of financial aid. Students may qualify for a full range of financial aid options and opportunities based on need, academic excellence, or area of study. It’s possible to offset costs with scholarships, grants, loans, work-study positions, internship programs, and research opportunities.

Average net price 2017-2018
Net Price $17,855
Average Total Aid $14,602
Students Receiving Financial Aid 92%
Room & Board $13,900

Sticker Price


  • Tuition In-State - $17,674
  • Tuition Out-of-State - $33,386
  • Books and Supplies - $2,900
  • Room & Board - $13,900
  • Other - $4,100

Academics


The New Jersey Institute of Technology is top-ranked and offers over 125 undergraduate and graduate degree programs through six professional schools and colleges: Albert Dorman Honors College; College of Architecture and Design; College of Computing; College of Science and Liberal Arts; Newark College of Engineering; and the School of Management. By utilizing an interdisciplinary approach to learning, the university offers the opportunity for students to study in fields beyond their major.

Of the 281 tenured and tenure-track faculty, 98% of them hold doctoral degrees or have the highest degree attainable in their field. With a student-to-faculty ratio of 17 to 1, they are relatively approachable and easy to access.

Additionally, the university has an 88% retention rate for full-time, first-time students pursing bachelor’s degrees. This means a significant portion of students are retained after the first year of enrollment. The national average retention rate is 68%, indicating that students are satisfied with their experiences overall. It’s also worth noting that this rate has remained consistent for many years.

Graduation rate is another important statistic. While most students strive to graduate from undergraduate programs within four years, some programs take longer to complete. On average, the four-year graduation rate at The New Jersey Institute of Technology was 47% in 2015. The six-year graduation rate, on the other hand, is 67%. Based on this information, it seems that most students remain enrolled until graduation, but a significant portion of them require additional time to finish the necessary coursework.

Student Population Total


Student Population 11,423

Undergraduate
8,532
Graduate
2,891
Evening Classes : Yes
Online Learning : Yes

Most Popular Programs & Majors

(# of Diplomas Awarded by Subject)


All Engineering Majors 668 Total Graduates / 41%
Mechanical Engineering 219 Graduates
Civil Engineering, General 125 Graduates
Electrical and Electronics Engineering 95 Graduates
Chemical Engineering 92 Graduates
Bioengineering and Biomedical Engineering 54 Graduates
All Computer Information Science Majors 393 Total Graduates / 24%
Information Technology 200 Graduates
Computer and Information Sciences, General 144 Graduates
Information Science/Studies 47 Graduates
Computer Science 2 Graduates
Engineering Technology and Engineering-Related Fields 228 Total Graduates / 14%
Engineering Technology, General 222 Graduates
Engineering-Related Technologies, Other 6 Graduates
All Business Majors 92 Total Graduates / 6%
Business Administration and Management, General 91 Graduates
International Business/Trade/Commerce 1 Graduates
Architecture and Related Services 86 Total Graduates / 5%
Architectural and Building Sciences/Technology 86 Graduates
All Other Diplomas 11%

Outcome & Salary


Most undergraduate and graduate students are successful after graduating from the New Jersey Institute of Technology. According to the 2018 Career Development Services report, 90.7% of bachelor’s degree graduates were employed full-time, employed part-time, had an internship, or were attending graduate school. Numbers for those who graduated with a master’s degree were slightly less impressive, with 80.6% falling into the above-mentioned categories.

The average starting salary for all reporting bachelor’s degree graduates was $63,741. This is well above the average starting salary for all college graduates of $50,516 reported that same year. The average starting salary for master’s graduates was $70,898.

The highest paid undergraduate majors included:

  • Human Computer Interaction
  • Computer Science
  • Chemical Engineering
  • Computer Engineering
  • Computer Technology

Some of the top employers for the New Jersey Institute of Technology graduates included:

  • Amazon
  • Apple
  • GEP Worldwide
  • JP Morgan Chase
  • NJ Innovation Institute
  • Rutgers University
  • Valcor
Graduates Salary
College Grads Early Career Salary $64,600
College Grads Average Salary $80,000
College Grads Mid Career Salary $121,300
Return on Investment (ROI)
10 Year Salary Earnings Potential $800,000
20 Year Salary Earnings Potential $2,013,000
Cost of Education (Net Price) 4 Year $71,420
10 Year Projected ROI $728,580
20 Year Projected ROI $1,941,580
No Colleage Education Salary Comparison
National Average Salary $37,960
10 Year Projected Income $379,600
20 Year Projected Income $759,200