New Jersey Institute of Technology's (NJIT) Board of Trustees approved today a 7 percent tuition and fee increase for the upcoming 2005-2006 academic year, starting this fall.
Full-time, in-state undergraduate students will pay $4,236 per semester for tuition, an increase of $277 from last fall. Out-of-state, full-time undergraduate students will pay $480 more per semester, totaling $7,338.
In-state, full-time graduate student tuition will be $5,559 per semester, an increase of $364, and out-of-state, full-time graduate students will pay a tuition increase of $512 per semester and total $7,824.
Full-time student fees will increase $44 per semester to total $675 per semester for undergraduates and $662 per semester for graduate students.
While constraints in state budgetary support continue to present challenges to institutional budget planning, Robert A. Altenkirch, president of NJIT, noted that “prudent fiscal management and careful allocation of resources have permitted investment in a number of areas of importance to the strengthening of NJIT’s programs and the university’s continued growth and stature in the community.”
This year’s plans include buildings and landscaping improvements, the upgrading of classrooms and laboratories, the continued strengthening of select academic programs, and the completion this fall of Eberhardt Hall’s restoration. The building, owned by NJIT since 1948, is an historic Victorian landmark. It will serve as NJIT’s alumni center. Completed in 1857, Eberhardt Hall illustrates a classic example of mid-19th century Gothic architecture, built in the Elizabethan style.
According to Newark architect David Gibson, who is leading the restoration project — there’s only one other Elizabethan Gothic in New Jersey and perhaps a handful on the entire Eastern Seaboard. The building was designed by Philip Welch, one of the founders of the American Institute of Architects, and a noted church architect.