Financial Aid At New Jersey Institute of Technology

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At New Jersey Institute of Technology, 5,072 undergraduate students (60% of total 8,483 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $13,051.
Financial Aid Statistics (All Undergraduate Students) at New Jersey Institute of Technology
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship5,07260% $66,195,245$13,051
Pell Grants3,01836% $14,274,595$4,730
Federal Student Loan2,72832% $18,875,363$6,919

Beginning Undergraduate Students (Freshmen) Financial Aid

995 beginning undergraduate students (92% of total 1,082 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 $14,602.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) at New Jersey Institute of Technology
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid99592% --
Grants or Scholarships89883%$13,112,292$14,602
Federal Grants37334%$1,983,016$5,316
Pell Grants37334%$1,891,516$5,071
Other Federal Grants19218%$91,500$477
State/Local Grants35233%$3,204,067$9,102
Institutional Grants72367%$7,925,209$10,962
Student Loan Aid47844%$3,954,480$8,273
Federal Student Loans46543%$2,393,885$5,148
Other Student Loans1009%$1,560,595$15,606

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

Next table shows number of students awarded and average grants/scholarship aid amount by income level for academic year 2015-2016 at New Jersey Institute of Technology. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (New Jersey Institute of Technology. For this statistics, Only students who paying the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level at New Jersey Institute of Technology
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level620543$7,356,724$11,866
0-30,000193192$3,525,710$18,268
30,001-48,000107107$1,706,872$15,952
48,001-75,0008581$900,065$10,589
75,001-110,0008866$541,485$6,153
110,001 or more14797$682,592$4,643



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