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 next 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
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