Contact: Jim Gardner, Executive Director of University Communications, (973) 596-3433

 

New Jersey Institute of Technology Increases Tuition Per Semester for Fall 1998

NEWARK -- Thursday, July 16, 1998 -- New Jersey Institute of Technology's Board of Trustees today approved a $146 per semester tuition increase for all full-time undergraduate and graduate students for the 1998-99 academic year. In-state undergraduate students will pay $2,625 per semester, or a 5.9 percent increase.

There will be no increases in any existing fees. Students will, however, pay a new $50 fee per semester for Technology Infrastructure. That money will help keep university computing resources at the cutting edge and accessible to all members of the university community.

"We are pleased to be able to keep tuition and fees within the financial reach of our students and families, without compromising our commitment to excellence in teaching, research, and economic development," said NJIT President Saul K. Fenster. "Our dedication to these core principals is moving NJIT to the ranks of the nation’s premier technological universities."

NJIT is a public research university enrolling nearly 8,200 bachelor's, master's and doctoral students in 76 degree programs through its five colleges: Newark College of Engineering, School of Architecture, College of Science and Liberal Arts, School of Management and Albert Dorman Honors College. Research initiatives include manufacturing, microelectronics, transportation, computer science, solar astrophysics, environmental engineering and science, and architecture and building science. Yahoo! Internet Life magazine ranked NJIT the second "most wired" campus in the nation; U.S. News and World Report's 1998 Annual Guide to America's Best Colleges ranked NJIT among the top 175 universities; and Money magazine's Best College Buys 1998 rated NJIT as the third best value among U.S. science and technology schools and 59th among the Top 100 U.S. higher education institutions.

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