6,315 students (69% of total 9,183 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 $14,309.

For the first-time, full-time beginning students (freshmen), 93% of total 1,235 enrolled students have received any kind of financial aid and its average amount of aid received is $15,959.

All Undergraduate Financial Aid

At New Jersey Institute of Technology, 6,315 undergraduate students (69% of total 9,183 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $14,309.

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 Scholarship6,31569% $90,363,942$14,309
Pell Grants3,45638% $17,532,176$5,073
Federal Student Loan3,15134% $21,068,570$6,686

Beginning Undergraduate Students (Freshmen) Financial Aid

1,154 beginning undergraduate students (93% of total 1,235 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 $15,959.

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 Aid1,15493% --
Grants or Scholarships1,09489%$17,458,665$15,959
Federal Grants54744%$3,532,986$6,459
Pell Grants47138%$2,614,166$5,550
Other Federal Grants40833%$918,820$2,252
State/Local Grants43335%$4,034,431$9,317
Institutional Grants88271%$9,891,248$11,215
Student Loan Aid46137%$3,447,159$7,478
Federal Student Loans45437%$2,314,642$5,098
Other Student Loans635%$1,132,517$17,976

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 2021-2022 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 level731675$9,796,530$13,402
0-30,000224224$4,210,524$18,797
30,001-48,000147147$2,657,576$18,079
48,001-75,0008686$1,111,432$12,924
75,001-110,0009181$726,411$7,983
110,001 or more183137$1,090,587$5,959

Ratings & Review

Share your experiences and thoughts about New Jersey Institute of Technology. It will be a great help to applicants and prospective students!