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Wednesday, October 16, 2024

Cost of college went up for all students at the Stevens Institute of Technology

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Tuition and fees rose 3.3 percent for 2018-19 at the Stevens Institute of Technology, according to recent data from the U.S. Department of Education.

New Jersey students paid $52,202 to attend the four-year private not-for-profit institution this year – $1,648 more than the $50,554 charged for 2017-18.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 751 students received grants or scholarships totaling $20.1 million and 512 students took out student loans totaling more than $3.5 million.

Including all undergraduates (6,929), 2,949 students used grants or scholarships totaling $70.5 million, and 1,899 students took out $11.9 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~4,296$47,190$48,838$50,554$52,20210.6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Stevens Institute of Technology in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants13518%$758,653$5,620
State / local grant or scholarship11315%$907,428$8,030
Institutional grants or scholarships75199%$18,476,910$24,603
Grant or scholarship aid total75199%$20,142,991$26,822
Federal student loans51267%$2,740,301$5,352
Other student loans314%$751,174$24,231
Student loan aid51267%$3,491,475$6,819
Total student aid75699%--

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