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Stevens Tuition & Cost

Hoboken, New Jersey

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How much does it cost to attend?

Sticker Price

$75,770
Costs for Stevens Institute of Technology
Fee Cost
Tuition$54,780
Books and Supplies$1,200
Other Fees$2,140
Room and Board $16,600
Other Expenses Budget$1,050

Annual Tuition & Costs

The annual tuition to attend Stevens Institute of Technology is $54,780. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $16,600. For educational materials, students should allocate approximately $1,200 for books and supplies plus $2,140 for other fees charged by the school. Finally, students should budget $1,050 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Stevens Institute of Technology on a full-time basis is $75,770 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

The average reported annual net price for Stevens Institute of Technology for students receiving grants or scholarship aid was $40,303 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

The net price provides a more realistic estimate of the true cost of attending Stevens Institute of Technology, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020

$40,303
Net Price by Income Stevens Institute of Technology
Family Income Net Price Paid
$0 to $30,000$27,394
$30,001 to $48,000$26,473
$48,001 to $75,000$28,483
$75,001 to $110,000$34,577
$110,000+$44,590
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Financial Aid

99% of full-time undergrad Stevens Institute of Technology received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $30,288 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 67% of students received Federal Student Loans averaging $5,316 and 17% of undergrads took out private student loans averaging $23,866.

Finanical Aid Stevens Institute of Technology
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $30,288 99%
Institutional Grants and Scholarships $27,491 99%
Pell Grants $4,810 22%
Other Federal Grants $1,829 14%
State and Local Grants $8,803 17%
Federal Student Loans $5,316 67%
Other Student Loans $23,866 17%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Stevens Institute of Technology, we've modeled a ten year student loan with an original principal value of $113,548. The loan balance of $113,548 is a four year multiple of the $28,387 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 $1,204 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 4.99%.

Example Loan $113,548
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,203.80
Total Interest Paid $30,907.73
Sum of All Loan Payments $144,455.73

Projected 4 Year Degree Price

4 Year Sticker Price

$303,080
Year All Residents
1 $75,770
2 $78,228
3 $80,766
4 $83,387

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Stevens Institute of Technology to be $303,080 - assuming graduation in normal time. The estimation assumes a 3.2% 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 Stevens Institute of Technology
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,826 $5,478 $7,304

Estimated cost for a class at Stevens Institute of Technology 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 Stevens Institute of Technology versus other colleges.

Tuition Payment Plans Available

Stevens Institute of Technology Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Costs for Similar Colleges 

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Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=186867 IPEDS survey data for Stevens Institute of Technology.