The College of New Jersey - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State New Jersey Resident Sticker Price

$35,837

In State Costs for The College of New Jersey
Fee	Cost
Tuition	$13,603
Books and Supplies	$1,200
Other Fees	$3,684
Room and Board	$13,752
Other Expenses Budget	$3,598

Out of State Resident Sticker Price

$48,144

Out of State Costs for The College of New Jersey
Fee	Cost
Tuition	$25,910
Books and Supplies	$1,200
Other Fees	$3,684
Room and Board	$13,752
Other Expenses Budget	$3,598

In-State Tuition

In-state tuition at The College of New Jersey for undergraduate students residing in New Jersey is $13,603. Room and board charges total $13,752 per year. Students will also need to budget for books and supplies, which typically amount to $1,200 annually. Other administrative or academic fees are $3,684 for the year. Additionally, students should plan an estimated $3,598 for other miscellaneous expenses throughout the year. In sum, residents attending The College of New Jersey full time should expect a total annual cost of $35,837.

Out-of-State Tuition

Undergraduate tuition at The College of New Jersey is $25,910 for out-of-state students. Additionally, out-of-state students are charged $13,752 for room and board, $1,200 for textbooks and educational resources, plus fees of $3,684. Students are advised to budget $3,598 for other expenses. When these costs are combined, annual out-of-state charges total $48,144. This figure is 34.3% higher than what New Jersey residents pay.

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

Net Price

The average reported annual net price for The College of New Jersey for students receiving grants or scholarship aid was $24,617 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 The College of New Jersey, 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

$24,617

Net Price by Income The College of New Jersey
Family Income	Net Price Paid
$0 to $30,000	$14,273
$30,001 to $48,000	$15,377
$48,001 to $75,000	$25,434
$75,001 to $110,000	$32,381
$110,000+	$33,697

Financial Aid

76% of full-time undergrad The College of New Jersey received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $10,772 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 52% of students received Federal Student Loans averaging $5,332 and 16% of undergrads took out private student loans averaging $19,840.

Finanical Aid The College of New Jersey
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$10,772	76%
Institutional Grants and Scholarships	$7,517	43%
Pell Grants	$5,016	18%
Other Federal Grants	$1,392	3%
State and Local Grants	$7,839	16%
Federal Student Loans	$5,332	52%
Other Student Loans	$19,840	16%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to The College of New Jersey, we've modeled a ten year student loan with an original principal value of $78,304. The loan balance of $78,304 is a four year multiple of the $19,576 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 $830 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	$78,304
Stafford Loan Interest Rate	4.99%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$830.15
Total Interest Paid	$21,314.33
Sum of All Loan Payments	$99,618.33

Projected 4 Year Degree Price

4 Year Sticker Price

$143,348

Year	New Jersey Residents	Non Residents
1	$35,837	$48,144
2	$37,434	$50,290
3	$39,103	$52,531
4	$40,846	$54,873

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at The College of New Jersey to be $143,348 - assuming graduation in normal time. The estimation assumes a 4.5% 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 The College of New Jersey
	Price Per Credit	3 Credit Class	4 Credit Class
New Jersey Residents	$482	$1,446	$1,928
Out of State Residents	$918	$2,754	$3,672

Estimated cost for a class at The College of New Jersey 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 The College of New Jersey versus other colleges.