Stevens Institute of Technology

In 2022, Stevens's tuition was $58,680 a year.

Tuition increased 4% in 2023–from $56,424 the previous year. On average, college tuition goes up about 3% every year.

If this makes attending the college of your dreams feel scary, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe way less than the total tuition after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make the amount you do have to pay out of pocket feel more doable until after graduation.

Stevens Institute of Technology meets 69% of the demonstrated financial need for undergraduates. First-year students that attend Stevens Institute of Technology full-time are awarded $36,619 a year in financial aid, on average.

Graduates in the class of 2023 had an average of $41,574 in student loans per borrower.

Stevens Institute of Technology: In-state vs. Out-of-State Tuition

Stevens Institute of Technology is a private, nonprofit institution, which means it has the same tuition for residents of New Jersey as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to check your state's requirements for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be other criteria too, depending on where you live.

Explore other New Jersey colleges

Stevens Institute of Technology International Student Tuition

Tuition at Stevens Institute of Technology is the same for every student.

International students usually do not qualify for for loans or grants from the U.S. government, but should research private or school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may be eligible for the following types of financial support at Stevens Institute of Technology:

•Stevens Institute of Technology-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

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Stevens Institute of Technology Housing Expenses, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Stevens Institute of Technology.

House and Food Costs at Stevens Institute of Technology

Room and board at Stevens Institute of Technology is $18,650 a year. This covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the school dining facilities. Students who live off campus but still want to use the dining facilities can pay for a meal plan. The cost of board-only is $10,950.

Board costs vary based on on how many meals are included in the plan you choose.

Cost of Books at Stevens Institute of Technology

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be other costs associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have ways for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.

The Cost of Transportation at Stevens Institute of Technology

The cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you plan to bring a car or will you need to use public transportation? All of these factors can drastically impact your estimated cost of transportation. At Stevens Institute of Technology, freshman are not allowed to park on campus.

A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in an urban area could be expensive, but there may be more trains, busses and affordable flights to actually get to school. The Stevens Institute of Technology campus is located in a city in New Jersey, not far from New York City.

Other Costs

When estimating your budget for college, be sure to factor in personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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Financial Breakdown for Stevens Institute of Technology

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of what is really costs to go to Stevens Institute of Technology.

Total Cost of Stevens Institute of Technology

What will the cost of attending Stevens Institute of Technology be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$58,680
Room and Board	$18,650
Board Only	$7,700
Other expenses	$1,050

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$80,652
Off-Campus	$69,702

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

Stevens Institute of Technology’s tuition and fees change based on: •Course load for both full and part-time students

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Financial Aid at Stevens Institute of Technology

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The majority of Stevens Institute of Technology undergrads use financial aid to help pay for school. In 2023, 2,675 of the 4,091 undergrads enrolled received financial aid. Stevens Institute of Technology meets 69% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $36,619 a year. Around 70% of Stevens Institute of Technology undergrads take out student loans to cover any remaining costs. Stevens Institute of Technology graduates who have student loans graduate with an average of $41,574 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$22,154
Private Loans	$0

Most Common Loans for Stevens Institute of Technology Students
Federal Loans	69%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Stevens Institute of Technology financial aid, keep reading, or visit their financial aid website.

Scholarships at Stevens Institute of Technology

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Stevens Institute of Technology awarded 2,667 need-based scholarships to students, giving away total of $84.8 million to help students with financial need cover the cost of school. An additional $30.62 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of Stevens Institute of Technology

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Stevens Institute of Technology students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Stevens Institute of Technology was $36,619 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Stevens Institute of Technology seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$44,033
Off-Campus	$33,083

What will attending Stevens Institute of Technology really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Stevens Institute of Technology's net cost calculator on their website.

Stevens Institute of Technology Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Stevens Institute of Technology does not have guaranteed tuition.

Stevens Institute of Technology offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Stevens Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Stevens has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Stevens Institute of Technology'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 supporting students.

As of 2022, the total market value of Stevens Institute of Technology's endowment was $269.3 million. The average college endowment was $905 million in 2021. For each full-time student, Stevens Institute of Technology spends about $14,825 a year.

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Learn More About Stevens Institute of Technology

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