Overview
Hoboken, NJ Stevens Institute of Technology is a private, non-profit 4-year college located in Hoboken, New Jersey. There are currently 4,054 undergraduates at Stevens and the school’s acceptance rate is 46%. The tuition at Stevens is $58,624.
Suburb
Scholarships & Financial Aid
$77,954
$39,850
$38,104
Cost Breakdown
Estimated Cost:
$77,954for the 2023-2024 Academic Year
The sticker price at Stevens is $77,954. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Stevens would look like for you, try entering your financial information into their Net Price Calculator.
Stevens Institute of Technology Financial Aid
Students who are applying for financial aid at Stevens Institute of Technology need to submit the Free Application for Federal Student Aid (or FAFSA). The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Stevens Institute of Technology is 002639.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
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Pell Grants at Stevens Institute of Technology
21% of students at Stevens Institute of Technology receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Stevens Institute of Technology.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Stevens students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:
Admissions
46%
33
Coalition Colleges
Stevens is a Coalition Member College, which means they have completed a vigorous vetting process from the Coalition for College to ensure that they “provide substantial support to lower-income, under-resourced and/or first-generation students; offer responsible student financial aid; and demonstrate a commitment to student graduation.” That also means you can apply to Stevens via the Coalition Application. The Coalition Application makes it easy to obtain application fee waivers if you qualify. It’s also a great way to discover other colleges that have demonstrated a strong commitment to affordability and strong student outcomes.
Is Stevens test-optional?
Stevens Institute of Technology is test-optional, which means that it does not require applicants to submit their SAT or ACT scores. That means that some students will submit their test scores and others will not. If you choose not to submit your ACT or SAT score, the admissions officers will weigh your grades, extracurricular activities, essays, and interviews more heavily. If you are not sure whether you should submit your standardized test scores, our guide on submitting scores to test-optional schools can help.
Early Action
Should I apply Early Action at Stevens?
Early Action is a great option for students who want to hear back from a college before the Regular Decision admissions are released. At some colleges, applying Early Action can also help your admissions chances. However, this varies on a college-by-college basis, so it will not always give you a boost.
Be on the lookout for Single Choice Early Action or Restricted Early Action options. These are not the same as Early Action, and although they can be great options for some students, they are not a good fit for everyone. If you’re considering applying for Single Choice Early Action or Restricted Early Action, be sure to read the college’s admissions website carefully. Make sure that these restrictions fit with your college admissions plan.
Academics
Student/Faculty Ratio
11:1
Graduation Rate
88%
Popular Majors
Percent of Students
Engineering
52%
52% of graduates
Computer & Information Sciences
16%
16% of graduates
Business, Management, & Marketing
11%
11% of graduates
Mathematics
10%
10% of graduates
Visual & Performing Arts
4%
4% of graduates
Biological & Biomedical Sciences
3%
3% of graduates
Engineering
2%
2% of graduates
Physical Sciences
1%
1% of graduates
Liberal Arts & Humanities
1%
1% of graduates
Student Body
Undergraduate Students
4,054
Pell Grant 20%
Undergrad Students Over 25 0%
Part-Time Undergrad Students 0%
Percent Male / Female 68% / 32%
Ethnic Diversity at Stevens
51% White
19% Asian / Pacific Islander
15% Hispanic
7% Unknown
4% Multiracial
3% International / Non-Citizen
2% Black
Student Outcomes
Graduate Income
$108,772
Median Debt $27,000
Debt 10 years after graduation $286
Graduation Rate 88%
What is the graduation rate at Stevens Institute of Technology?
88% of students who start at Stevens Institute of Technology end up finishing their degree within six years of enrolling. This is 30% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Stevens Institute of Technology go on to earn?
10 years after starting school at Stevens Institute of Technology, the median earnings among students who received federal financial aid was $108,772. This is $58,381 more than the national median.
Earnings can vary widely based on many factors other than school choice. Your major and career path can cause substantial changes in your income down the line. For more information, check out our article on the average starting salary out of college.
How much do students at Stevens take out in loans?
Graduates of Stevens have to take out a median of $27,000 in federal student loans. This is $13,500 more than the national median. As you make decisions about your college loans, it’s important to inform yourself on the advantages and disadvantages of each loan option. Our guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
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