R
Newark, New Jersey

Rutgers University-Newark Tuition & Cost

Rutgers University Newark

How much does it cost to attend?

In State New Jersey Resident Sticker Price
$32,708
In State Costs for Rutgers University Newark
Fee Cost
Tuition$11,886
Books and Supplies$1,350
Other Fees$2,523
Room and Board $13,536
Other Expenses Budget$3,413
Out of State Resident Sticker Price
$49,016
Out of State Costs for Rutgers University Newark
Fee Cost
Tuition$28,194
Books and Supplies$1,350
Other Fees$2,523
Room and Board $13,536
Other Expenses Budget$3,413

Residents of New Jersey pay an annual total price of $32,708 to attend Rutgers University Newark on a full time basis. This fee is comprised of $11,886 for tuition, $13,536 room and board, $1,350 for books and supplies and $2,523 for other fees.

Out of state residents are charged a total cost of $49,016 which is 49.9% higher than New Jersey residents. The tuition charge is $28,194 while room and board is $13,536, books and supplies are $1,350 and other fees come in at $2,523.

All price data is sourced from the 2018/2019 U.S. Department of Education National Center for Education Statistics survey.

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Net Price

Net price is indicative of what it actually costs to attend Rutgers University Newark when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$12,020
Net Price by Income Rutgers University Newark
Family Income Net Price Paid
$0 to $30,000$8,657
$30,001 to $48,000$10,254
$48,001 to $75,000$15,940
$75,001 to $110,000$20,662
$110,000+$22,153

The average reported annual net price for Rutgers University Newark for students receiving grants or scholarship aid was $12,020 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

Finanical Aid Rutgers University Newark
Type Avg./Student Students Receiving
Annual Total Grant Aid $13,204 70%
Pell Grant $4,812 55%
Federal Student Loan $5,900 48%

The average reported annual net price for Rutgers University Newark for students receiving grants or scholarship aid was $12,020 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rutgers University Newark, we've modeled a ten year student loan with an original principal value of $46,580. The loan balance of $46,580 is a four year multiple of the $11,645 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $483 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.529%.

Example Loan $46,580
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $483.40
Total Interest Paid $11,427.90
Sum of All Loan Payments $58,007.90

Projected 4 Year Degree Price

4 Year Sticker Price
$130,832
Year New Jersey Residents Non Residents
1 $32,708 $49,016
2 $33,674 $50,464
3 $34,669 $51,955
4 $35,694 $53,491

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Rutgers University Newark to be $130,832 - assuming graduation in normal time. The estimation assumes a 3% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Rutgers University Newark
Price Per Credit 3 Credit Class 4 Credit Class
New Jersey Residents $383 $1,149 $1,532
Out of State Residents $915 $2,745 $3,660

Estimated cost for a class at Rutgers University Newark based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Rutgers University Newark versus other colleges.

Tuition Payment Plans Available

Rutgers University Newark Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=186399 IPEDS survey data for Rutgers University Newark.