NYIT's tuition & fees has increased from $32,180 (2014) to $44,360 (2024), and the rate of tuition increase is 37.85% over the past 10 years. The graduate school tuition & fees has raised from $19,800 (year 2014) to $28,370 (year 2024).
The 2024 tuition & fees have risen more than 5% this year (2024) at New York Institute of Technology.
NYIT's tuition increase rate is higher than the New York's average increase rate of 16.79%. Compare to all colleges in United States, it's increase rate is higher 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 38.72% from 2014 ($51,354).
For the current academic year 2023-2024, NYIT's COA is $71,236, which is increased by 12.39% from last year.
The following table and chart show changes to NYIT's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 37.85% for the last 10 years , and the 2024 tuition & fees are $44,360. The following table and chart show the tuition & fees changes at New York Institute of Technology over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,500, and it has increased 60.26% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $936 | - |
|---|
| 2015-16 | $936 | |
|---|
| 2016-17 | $1,104 | 17.95% |
|---|
| 2017-18 | $1,104 | |
|---|
| 2018-19 | $1,104 | |
|---|
| 2019-20 | $1,104 | |
|---|
| 2020-21 | $1,104 | |
|---|
| 2021-22 | $1,072 | -2.90% |
|---|
| 2022-23 | $1,380 | 28.73% |
|---|
| 2023-24 | $1,500 | 8.70% |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 43.61% when a student lives on-campus facilities and 25.41% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at New York Institute of Technology.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $18,238 | $18,408 | - |
|---|
| 2015-16 | $18,134 | $18,910 | -0.57% |
|---|
| 2016-17 | $18,518 | $20,010 | 2.12% |
|---|
| 2017-18 | $20,180 | $18,144 | 8.98% |
|---|
| 2018-19 | $20,502 | $18,390 | 1.60% |
|---|
| 2019-20 | $20,839 | $19,256 | 1.64% |
|---|
| 2020-21 | $19,164 | $19,744 | -8.04% |
|---|
| 2021-22 | $19,132 | $22,082 | -0.17% |
|---|
| 2022-23 | $20,004 | $21,930 | 4.56% |
|---|
| 2023-24 | $25,376 | $22,568 | 26.85% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between New York Institute of Technology and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| New York Institute of Technology | $44,360 | $42,000 | 5.62% |
|---|
|
| New York University | $60,438 | $58,168 | 3.90% |
|---|
|
| Columbia University in the City of New York | $68,171 | $65,508 | 4.07% |
|---|
|
| Cornell University | $66,014 | $63,200 | 4.45% |
|---|
|
| Syracuse University | $63,061 | $60,135 | 4.87% |
|---|
|
| St. John's University-New York | $49,911 | $47,360 | 5.39% |
|---|
|