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Colleges / New England Institute of Technology

New England Institute of Technology

East Greenwich, RI 2-Year Grad Private
Acceptance Rate77%

New England Institute of Technology Tuition Information

In 2022, tuition for full-time New England Institute of Technology students was $33,225 a year.

Tuition increased 3.5% in 2023–from $32,100 the prior year. On average, college tuition goes up about 3% every year.

Remember, the advertized cost of tuition does not always mean much if you plan to use financial aid to help pay for college. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are awarded. And, student loans can make the amount you do have to pay for college more manageable until you've finishing school and found a job.

The average financial aid package for a full-time, first-year student at New England Institute of Technology is around $17,158 a year.

In-state vs. Out-of-state Tuition at New England Institute of Technology

New England Institute of Technology is a private institution, which means it has the same tuition for students from Rhode Island as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for those who qualify as Rhode Island residents.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to check your state's guidelines for how to qualify for as an in-state resident. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on where you live.

Explore other Rhode Island colleges

New England Institute of Technology International Student Tuition

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

Students from outside of the U.S. usually do not qualify for for federal financial aid, but may be eligible for private or New England Institute of Technology-specific aid and scholarships.


New England Institute of Technology Housing Expenses, Fees, and More


In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at New England Institute of Technology.

House and Food Costs at New England Institute of Technology

Housing and campus dining at New England Institute of Technology costs $15,000 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that allows you to eat in the New England Institute of Technology's on-campus cafeterias and dining halls. Students who live off campus but still want to use the dining facilities can opt-in for a meal plan. The cost of board-only is $6,198.

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

Cost of Books at New England 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 and supplies 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 used textbooks and materials.

Annual Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges offer ways so that those with financial need to find ways to lower or eliminate these costs.

The Cost of Transportation at New England Institute of Technology

The total cost of getting around in college can really vary. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

A school's location can impact your transportation budget. 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 a city may be costly, but cities may offer more buses, trains or low-cost flight options to actually get to school. New England Institute of Technologyis located in a suburb in Rhode Island, not far from Boston.

Other Costs

When creating a budget for college, don’t forget to factor in personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.


Total Tuition and Expenses at New England Institute of Technology


Now, let’s look at the breakdown of all expenses, to get a better estimate of the actual cost of attending New England Institute of Technology.

How Much Does New England Institute of Technology Cost?

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

2023 Total Tuition and Expenses
Tuition $33,225
Room and Board $15,000
Board Only $2,550
Other expenses $2,268

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

Total Estimated Costs
On-Campus $52,893
Off-Campus $40,443

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.

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


Financial Aid at New England Institute of Technology


The majority of New England Institute of Technology undergrads use financial aid to to cover the cost of tuition. In 2023, 1,246 of the 1,720 undergrads enrolled received financial aid.

The average financial aid package for a full-time, first-year student is around $17,158 a year.

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 New England Institute of Technology financial aid, keep reading, or visit their financial aid website.

Scholarships at New England 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, New England Institute of Technology awarded 1,070 need-based scholarships to students, giving away total of $16.4 million to help students with financial need cover the cost of school. An additional $4.34 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of New England 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 New England 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 New England Institute of Technology was $17,158 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of New England Institute of Technology seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus $35,735
Off-Campus $23,285

What will attending New England 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 New England Institute of Technology's net cost calculator on their website.

New England 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.

New England 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.

New England Institute of Technology Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

New England Institute of Technology 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.

New England 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.

New England Institute of Technology's endowment was valued at $245.9 million in 2023, compared to a national average of $905 million. The school spends $32,130 for each full-time student enrolled.


Learn More About New England Institute of Technology


To learn more about New England Institute of Technology, choose from the options below:

Overview

Student Life

Academics

Admissions

Visit the College Confidential forums to join the conversation about New England Institute of Technology

New England Institute of Technology Tuition & Fees

Tuition & Fees

$50,625

In State

$50,625

Out-of-State
Cost Breakdown
In State
Out-of-State
State Tuition
$33,225
$33,225
Fees
$2,400
$2,400
Housing
$15,000
$15,000
Books
Unknown
Unknown

New England Institute of Technology Financial Aid

Students Who Receive Need-Based Aid

71%

Average Financial Aid Package

$19,226

Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved

Quick Facts

Total Enrollment

1,895

Campus Setting

Suburban

Acceptance Rate

77%

Tuition and Fees

In State

$35,625

Out-of-State

$35,625

Fall Freshmen
Application Deadline

Continuous processing
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