Rutgers University-Newark
Newark, New Jersey
Public
Recent News
Admissions Policies
Deposit & decision deadline (class of 2024)
May 1
Test-optional admissions ('20-'21)
Yes
Paying for Rutgers University-Newark
Rutgers University’s Office of Financial Aid provides need-based financial aid packages to its students. These packages consist of federal, institutional and state grants, federal student and parent loans and a variety of scholarships including Rutgers student scholarships, Rutgers Health Services (RBHS) scholarships, and private specialty scholarships. There are also outside scholarships that students can apply for as well as scholarships for transfer students. The New Jersey Educational Opportunity Fund is a program for New Jersey resident economically disadvantaged students to help with financial and other support services to assist in affording Rutgers. Students can help subsidize their education costs through student employment opportunities including federal work-study positions as well as other on-campus positions funded by the Job Location and Development Program.
Students have the opportunity to apply for summer and winter term financial aid and
graduate student financial aid is available based on individual needs. Helpful tuition payment plans can also assist students in budgeting for their educational expenses. Tools to help students assess affordability include a page explaining the estimated cost of attendance and a link to the net price calculator.
RU Money Smart helps students manage their finances with a variety of financial literacy links and resources. There are helpful articles, tools, resources, Frequently Asked Financial Aid Questions, and videos to help students navigate not only paying for their education, but also personal finance management. There is also access to a helpful Glossary of Financial Aid terms.
Rutgers University-Newark Cost Breakdown
The total cost of attendance includes tuition and fees, books and supplies, and living expenses.
Tuition (in-state)
$14,826
Tuition (out-of-state)
$31,608
Room and board
$13,929
Books and supplies
$1,350
Fees
$2,523
Other
$4,489
Rutgers University-Newark Financial Aid
The average student pays this amount per year.
Percentage of freshman students who receive some form of financial aid.
This school's financial aid meets 56 % of student's demonstrated need.
Rutgers University-Newark Merit Scholarships
The average Rutgers University-Newark merit scholarship for students without financial need
of Rutgers University-Newark students without financial need receive a merit scholarship
Rutgers University-Newark Average Cost
Very few students pay the full price. Here's the average cost for students in different income brackets:
Rutgers University-Newark Financial Health
Resources
Endowment (2019)
N/A
Endowment per enrolled student (FTE)
N/A
State financial support per student
$6,339
This is lower than the national average ( $7,523).
Rutgers University-Newark Online Education
Share of Students Studying Online (Graduate and Undergraduate)
Equity
Likelihood that a student moved up two or more income quintiles.
Percent of first-time students receiving Pell Grants.
This is higher than the national average 31.0%
Relative to the market of potential students
Underrepresented
White
Representative
Native American
Hawaiian
Multi-racial
Overrepresented
Asian
Black
Hispanic
Rutgers University-Newark Student Loans
The average student takes out this amount in student loans.
The percentage of students that repay their loans within 5 years.
The percentage of students that repay their loans within 7 years.
The percentage of families that default on their loans after 3 years.
Rutgers University-Newark After College Salaries
After graduation, here's how the average salary of a Rutgers University-Newark graduate grows over time:
Rutgers University-Newark Admissions
SAT range:
1020 - 1190
Application fee:
$70
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About Our Data
The data and analysis above is sourced from the following reliable third party sources:
- - US Department of Education
- - ACCEPT: Admissions Community Cultivating Equity & Peace Today (deposit deadlines)
- - FairTest (testing policies)
- - National Association of College and University Business Officers (NACUBO) (endowment data)
- - National Center for Education Statistics
- - Opportunity Insights at Harvard University (mobility rates)
- - Peterson's
- - Public college-maintained websites
- - State Higher Education Executive Officers Association (SHEEO) (state funding data)
- - Urban Institute (racial representation data)
- - Photo via Wikimedia: https://en.wikipedia.org/wiki/File:
For more information, visit our Data page.
Our Financial Health information is designed to provide you with financial data on the private colleges you are considering. Our Post-Covid Resiliency Ratings are based on a data model described in more detail here as well as information from the independent third party sources we list above. Keep in mind, there may be additional public or private data which may make a college or university more or less financially resilient. We recommend that you request the most current financial information from the college or university you are considering so that you will have the most complete and current information available while evaluating the financial health of the institution and to inform your decision making process. All information and data we provide on this site is for informational purposes only and is not an endorsement, guarantee or other recommendation, whether favorable or unfavorable, regarding a particular institution. We make no representation or warranty regarding the information, all of which is provided free of charge and for informational purposes only.