New Jersey Institute of Technology

What the IPEDS & College Scorecard Data Shows for New Jersey Institute of Technology

New Jersey Institute of Technology operates as a public institution located in Newark, New Jersey (city: large), with a total reported enrollment of 9,019 students of which 10,578 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. New Jersey Institute of Technology is categorized as “15” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 65.1%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,337 and an ACT midpoint of 30. The average net price after grants and scholarships is $16,504, with published in-state tuition of $19,974 and a Pell grant recipient share of 39.6%. Median federal student debt at graduation is $21,000, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 72.9%, and the first-year retention rate is 89.5%. Graduates earn a median of $84,276 ten years after enrolling, compared with $69,591 six years post-enrollment. Within three years of entering repayment, 214500.0% of borrowers are making progress on their federal loans, and 80.4% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.