6,360 students (71% of total 9,019 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at New Jersey Institute of Technology (NJIT). The average amount of the aid awarded is $16,147.

For the first-time, full-time beginning students (freshmen), 94% of total 1,465 enrolled students have received any kind of financial aid and its average amount of aid received is $17,447.


All Undergraduate Financial Aid

At New Jersey Institute of Technology, 6,360 undergraduate students (71% of total 9,019 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $16,147.

Financial Aid Statistics (All Undergraduate Students) - NJIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship6,36071% $102,696,958$16,147
Pell Grants3,51539% $19,195,551$5,461
Federal Student Loan2,96333% $19,714,669$6,654

Beginning Undergraduate Students (Freshmen) Financial Aid

1,381 beginning undergraduate students (94% of total 1,465 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at New Jersey Institute of Technology. The average amount of aid received is $17,447.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - NJIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,38194% --
Grants or Scholarships1,31290%$22,889,917$17,447
Federal Grants68847%$4,192,970$6,094
Pell Grants65445%$3,779,456$5,779
Other Federal Grants41528%$413,514$996
State/Local Grants60641%$6,077,730$10,029
Institutional Grants1,10175%$12,619,217$11,462
Student Loan Aid46832%$3,704,575$7,916
Federal Student Loans45731%$2,383,452$5,215
Other Student Loans765%$1,321,123$17,383

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2022-2023 at New Jersey Institute of Technology.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level874808$13,749,875$15,732
0-30,000264260$5,463,149$20,694
30,001-48,000205205$4,038,860$19,702
48,001-75,000168160$2,673,036$15,911
75,001-110,0008778$892,730$10,261
110,001 or more150105$682,100$4,547

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