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PRESS RELEASE
Contact Information: Tanya Klein Public Relations 973-596-3433

New Jersey Institute of Technology Board of Trustees Approves Tuition Increase For the 2003-2004 Academic Year

New Jersey Institute of Technology's (NJIT) Board of Trustees approved a $287 per semester tuition increase for all full-time undergraduate students for the upcoming 2003-2004 academic year, starting this fall. In-state undergraduate students will pay $3,666 per semester, or an increase of 8.5 percent. In-state, full-time graduate students will pay a $495 per semester tuition increase of 8.5 percent. That amount will total $4,810 per semester.

There will be a $10 increase per semester in existing fees for undergraduate students, an increase of just over 1.7 percent since last year. Total undergraduate student fees for full-time undergraduate students will be $584 per semester. Graduate students will pay $7 more in fees per semester, a total of $574 and an increase of 1.2 percent. Such money keeps university academic facilities at the cutting edge and accessible to all members of the university community.

"In the budget development process this year, a concerted effort was made to enhance revenue, reduce expenditures and minimize tuition and fee increases, ” said NJIT President Robert A. Altenkirch. “We accomplished this by focusing on how to manage resources better.

NJIT, New Jersey's science and technology university, enrolls approximately 10,000 students pursuing bachelor's, master's and doctoral degrees in 120 programs. The university consists of six colleges: Newark College of Engineering, College of Architecture and Design, College of Science and Liberal Arts, School of Management, College of Computing Sciences and Albert Dorman Honors College. U.S. News & World Report's 2012 Annual Guide to America's Best Colleges ranked NJIT in the top tier of national research universities. NJIT is internationally recognized for being at the edge in knowledge in architecture, applied mathematics, wireless communications and networking, solar physics, advanced engineered particulate materials, nanotechnology, neural engineering and e-learning. Many courses and certificate programs, as well as graduate degrees, are available online through the Division of Continuing Professional Education.