#6 Best Public Universities in New Jersey

Rutgers University-Newark Tuition & Cost

Newark, New Jersey

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How much does it cost to attend?

In State New Jersey Resident Sticker Price
In State Costs for Rutgers University Newark
Fee Cost
Books and Supplies$1,350
Other Fees$2,272
Room and Board $13,929
Other Expenses Budget$3,574
Out of State Resident Sticker Price
Out of State Costs for Rutgers University Newark
Fee Cost
Books and Supplies$1,350
Other Fees$2,272
Room and Board $13,929
Other Expenses Budget$3,574

Residents of New Jersey pay an annual total price of $33,355 to attend Rutgers University Newark on a full time basis. This fee is comprised of $12,230 for tuition, $13,929 room and board, $1,350 for books and supplies and $2,272 for other fees.

Out of state residents are charged a total cost of $50,137 which is 50.3% higher than New Jersey residents. The tuition charge is $29,012 while room and board is $13,929, books and supplies are $1,350 and other fees come in at $2,272.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

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 2019/2020
Net Price by Income Rutgers University Newark
Family Income Net Price Paid
$0 to $30,000$11,991
$30,001 to $48,000$13,649
$48,001 to $75,000$18,648
$75,001 to $110,000$23,711

The average reported annual net price for Rutgers University Newark for students receiving grants or scholarship aid was $13,832 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges 

Financial Aid

84% of full-time undergrad Rutgers University Newark received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $14,340 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 41% of students received Federal Student Loans averaging $4,949 and 3% of undergrads took out private student loans averaging $15,323.

Finanical Aid Rutgers University Newark
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $14,340 84%
Institutional Grants and Scholarships $5,289 34%
Pell Grants $5,480 62%
Other Federal Grants $10,869 6%
State and Local Grants $8,314 62%
Federal Student Loans $4,949 41%
Other Student Loans $15,323 3%

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 $444 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 2.75%.

Example Loan $46,580
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $444.42
Total Interest Paid $6,750.95
Sum of All Loan Payments $53,330.95

Projected 4 Year Degree Price

4 Year Sticker Price
Year New Jersey Residents Non Residents
1 $33,355 $50,137
2 $33,957 $51,043
3 $34,571 $51,964
4 $35,195 $52,903

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 $133,420 - assuming graduation in normal time. The estimation assumes a 1.8% 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 $394 $1,182 $1,576
Out of State Residents $942 $2,826 $3,768

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.