Stevens Institute of Technology

Stevens Institute of Technology Overview

Stevens Institute of Technology is a private, nonprofit school in the urban setting of Hoboken, New Jersey. Stevens was founded in 1870 and the school currently enrolls around 8,287 students a year, including 4,064 undergrads. Stevens provides housing for up to 1,351 students. Most students live in off campus housing, and 75% of students spend their weekends on campus.

Student Involvement at Stevens

Interested in music or performing? Sing in a chorus or perform with one of Stevens's theater groups.

Are you interested in journalism and communications? Stevens students can write for the campus newspaper, host a radio show or be a producer for the student-run television channel.

Interested in Greek life? Stevens has both fraternities and sororities.

Planning to play sports? Stevens has many options for athletes. See them all and learn more about life at Stevens on the Student Life page.

Is Stevens a Good School?

The definition of a "good school" is different for different people. Admissions difficulty, admitted student statistics, tuition, and financial aid can provide a sense of how competitive a college is.

Let's take a look at these factors to get a better sense of what Stevens offers and if the college might be the right college for you.

Retention and Graduation Rates at Stevens

Retention refers to the number of students that stay enrolled at a school over time. It gauges how satisfied students are with their school experience, and if they have the support necessary to succeed in college.

Approximately 93% of first-year, full-time undergrads who start at Stevensare still enrolled their sophomore year. 87% of Stevens undergrads graduate within six years. Compare this to the average six-year graduation rate for colleges and universities in the U.S., which is around 61% for public schools and 67% for private.

Job Outlook Stevens Graduates

Job placement rates after graduation and average starting salaries can all give important clues about the value of a degree from a specific school. Within six months of graduating, 60% of graduates receive at least one full-time job offer.

Recent Stevens grads have an average starting salary of $75,400 a year. The average starting salary for all 2021 graduates was around $60,000 a year, though these numbers vary widely by major.

Stevens's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and support students.

Stevens's endowment was valued at $272.9 million in 2022, compared to a national average of $905 million. For each full-time student, Stevens spends about $12,718 a year.

Tuition and Financial Aid at Stevens

Cost is another important factor when choose a college. Some colleges may have high tuition, but do a better job at meeting students' financial need.

Stevens meets 68.8% of the demonstrated financial need for undergraduates. First-year students that attend Stevens full-time are awarded $36,355 a year in financial aid, on average.

Graduates in the class of 2022 had an average of $43,706 in student loans per borrower. For context, compare this number with the average national debt, which is around $36,000 per borrower.

The 2023-2024 FAFSA Opened on October 1st, 2022

Some aid is available on a first-come, first-served basis, so fill out the FAFSA asap. Visit the FAFSA website to apply for student aid. Remember, the first F in FAFSA stands for FREE! You should never have to pay to submit the Free Application for Federal Student Aid (FAFSA), so don't give your money (or info!) to any website that claim you do.

Learn more about Tuition and Financial Aid at Stevens.

Based on this information, is Stevens the school for you? Remember, a school that is perfect for one person may be a terrible fit for another! So ask yourself: Is Stevens a good school for you?

If Stevens Institute of Technology seems like a school you want to apply to, click the heart button to save it to your college list.

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Where is Stevens Institute of Technology Located?

Stevens is located in the city of Hoboken, New Jersey, in the suburbs of New York City.

If you would like to see Stevens for yourself, plan a visit. The best way to reach campus is to take New Jersey Turnpike to Hoboken, or book a flight to the nearest airport, Newark Liberty International.

You can also take a virtual campus tour to get a sense of what Stevens and Hoboken are like without leaving home.

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