New York Institute of Technology's published cost of attendance reaches $53,625 per year, including $44,360 in tuition, $21,836 for room and board, and $1,500 for books and supplies. However, the average student pays significantly less after financial aid, with a net price of $20,709 representing $32,916 in financial aid savings.
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Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
| Cost Category | Amount |
|---|---|
| Total Cost of Attendance (Sticker Price) | $56,976 |
| Tuition and Fees | $46,560 |
| Room and Board | $27,000 |
| Books and Supplies | $1,512 |
| Average Financial Aid (Grants and Scholarships) | -$34,533 |
| Average Net Price (What Families Pay) | $22,443 |
| Family Income | Net Price |
|---|---|
| $0–30k | $17,084 |
| $30–48k | $18,312 |
| $48–75k | $22,592 |
| $75–110k | $27,226 |
| $110k+ | $30,396 |
New York Institute of Technology's published cost of attendance reaches $53,625 per year, including $44,360 in tuition, $21,836 for room and board, and $1,500 for books and supplies. However, the average student pays significantly less after financial aid, with a net price of $20,709 representing $32,916 in financial aid savings. This net price falls $6,434 below the peer median of $27,143, indicating competitive affordability within NYIT's comparison group.
The substantial gap between sticker price and actual cost reflects the institution's commitment to making education accessible through financial aid. Net prices vary considerably by family income, ranging from $16,548 for families earning under $30,000 to $28,544 for families earning over $110,000. This progressive pricing structure demonstrates targeted aid toward lower-income families.
How much students borrow and whether debt is manageable given outcomes.
Debt is well below typical first-year earnings — generally considered very manageable.
NYIT graduates carry a median debt load of $23,334, which aligns closely with the peer median of $24,181 and represents typical debt levels nationally at the 45th percentile. Debt levels vary among graduates, ranging from $6,750 at the 25th percentile to $28,000 at the 75th percentile, indicating that some students graduate with minimal borrowing while others take on more substantial debt loads.
The debt-to-earnings ratio of 0.33 suggests manageable debt relative to post-graduation income, as graduates typically earn more than three times their debt load annually. Parent PLUS borrowers carry a median debt of $30,425, resulting in monthly payments around $401.
When compared to graduate earnings of $70,080, the student debt burden appears sustainable for most graduates. The combination of reasonable debt levels with strong earnings outcomes creates favorable conditions for loan repayment and long-term financial stability.
How cost compares to graduate earnings and value added.
NYIT demonstrates strong return on investment through its exceptional earnings beyond expectations performance. Graduates earn $18,734 above predicted levels based on their demographics and institutional characteristics, ranking at the 93.6th percentile nationally and achieving top-tier performance.
This earnings premium, combined with median debt levels below peer institutions, creates favorable investment conditions. The institution's median earnings of $70,080 exceed the peer median by $7,014 annually, while debt levels remain $847 below peer medians.
The debt-to-earnings ratio of 0.33 indicates that graduates typically earn their total debt amount every four months, suggesting sustainable repayment capacity. Students should consider the combination of strong earnings uplift, controlled debt levels, and competitive net pricing when evaluating NYIT's investment potential relative to career goals and alternative educational options.
NYIT enrolls 43.7% Pell-eligible students, indicating significant commitment to serving lower-income populations. This Pell share exceeds many institutions with similar academic profiles, reflecting the institution's access mission.
The average financial aid savings of $32,916 represents 61% of the total cost of attendance, demonstrating substantial aid packaging. The progressive net price structure by income level indicates that aid is effectively targeted toward families with the greatest need.
Lower-income students benefit from net prices starting at $16,548, while middle-income families receive meaningful aid that reduces costs below peer institutions. The combination of high Pell enrollment with below-peer net pricing suggests that NYIT successfully makes technical education accessible to diverse economic backgrounds.
