NJIT's tuition & fees has increased from $29,288 (2014) to $35,934 (2024), and the rate of tuition increase is 22.69% over the past 10 years. The graduate school tuition & fees has raised from $28,964 (year 2014) to $36,702 (year 2024).
NJIT's tuition increase rate is higher than the New Jersey's average increase rate of 19.09%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 23.26% from 2014 ($47,268).
For the current academic year 2023-2024, NJIT's COA is $58,264, which is increased by 2.90% from last year.
The following table and chart show changes to NJIT's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 22.69% for the last 10 years , and the 2024 tuition & fees are $35,934. The following table and chart show the tuition & fees changes at New Jersey Institute of Technology over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $2,750, and it has increased 37.50% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $2,000 | - |
|---|
| 2015-16 | $2,600 | 30.00% |
|---|
| 2016-17 | $2,600 | |
|---|
| 2017-18 | $2,600 | |
|---|
| 2018-19 | $2,900 | 11.54% |
|---|
| 2019-20 | $2,900 | |
|---|
| 2020-21 | $2,900 | |
|---|
| 2021-22 | $3,000 | 3.45% |
|---|
| 2022-23 | $2,750 | -8.33% |
|---|
| 2023-24 | $2,750 | |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 9.63% when a student lives on-campus facilities and 39.81% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at New Jersey Institute of Technology.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $15,980 | $15,100 | - |
|---|
| 2015-16 | $15,700 | $15,100 | -1.75% |
|---|
| 2016-17 | $16,100 | $15,700 | 2.55% |
|---|
| 2017-18 | $17,000 | $16,300 | 5.59% |
|---|
| 2018-19 | $17,500 | $20,000 | 2.94% |
|---|
| 2019-20 | $18,000 | $20,900 | 2.86% |
|---|
| 2020-21 | $18,000 | $18,700 | |
|---|
| 2021-22 | $18,300 | $19,000 | 1.67% |
|---|
| 2022-23 | $18,900 | $18,700 | 3.28% |
|---|
| 2023-24 | $19,580 | $23,880 | 3.60% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between New Jersey Institute of Technology and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| New Jersey Institute of Technology | $35,934
($19,022) | $34,972
($18,512) | 2.75% |
|---|
|
| Lipscomb University | $38,824
($30,932) | $37,152
($30,932) | 4.50% |
|---|
|
| Jacksonville University | $46,030
($35,260) | $43,520
($35,260) | 5.77% |
|---|
|
| University of North Florida | $19,407
($5,964) | $19,407
($5,964) | - |
|---|
|
| Stetson University | $55,220
($44,490) | $52,320
($44,490) | 5.54% |
|---|
|
| University of North Alabama | $22,190
($11,990) | $21,420
($11,220) | 3.59% |
|---|
|