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Overall Score: 81.81

New Jersey Institute of Technology

New Jersey Institute of Technology, in the heart of Newark, is best known as a breeding ground for future engineers and architects. The roughly 8,000 undergrads who make up the diverse student body at NJIT primarily attend for the stellar technical education rather than the social scene or campus atmosphere. Most classes are small, and academics are focused on skills training for future careers. The most popular of its about 50 undergraduate degrees are engineering, computer and information sciences, and business. Among its tech bona fides, the school houses the Owens Valley Solar Array, a radio imaging instrument capable of recording solar flares; and the Big Bear Solar Observatory, a powerful telescope with a lens 1.6 meters in diameter. Around half of the students commute, but those who choose to live on campus in one of five residence halls are able to join a tight-knit community. NJIT offers many opportunities to get involved on campus with its approximately 130 clubs, 19 NCAA Division I varsity sports teams, and about 20 sororities and fraternities, so any student can find a niche. Students can also take advantage of all Newark has to offer, or make the relatively short trek into Manhattan for the ultimate urban adventure.

Costs

Est. full price 2022-2023
$39,700
% of students who get any grants
69%
Est. price for students who receive aid
$19,400
Average price for low-income students
$12,780

Admissions

Acceptance rate
73%
Median SAT/ACT score
1290/28
SAT/ACT required?
No
Undergraduate enrollment
8,130

Financial Aid

% of students with need who get grants
96%
% of need met
55%
% of students who get merit grants
10%
Average merit grant
$14,680

Student Success

Graduation rate
65%
Average time to a degree
4.5 years
Median student debt
$21,500
Early career earnings
$80,040
% earning more than a high school grad
85%

Notes: Students who get merit grants are full-time undergraduates who had no financial need and were awarded grants. Graduation rate measures degree completion within six years for both transfer students and first-time students. Early career earnings are the median earnings for both graduates and non-completers, 10 years after they first enrolled.

Sources: U.S. Department of Education, Peterson’s, Money/Witlytic calculations.

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