Stevens Institute of Technology Cost Breakdown (2025)

**Let’s Talk Money – Is Stevens Really That Expensive?**

Most people think Stevens Institute of Technology is just another overpriced private school, right? But here’s the thing—that assumption isn’t always true. Sure, it’s not “cheap,” but the actual cost of attending Stevens Institute might surprise you (in a good way). If you’re googling “Stevens Institute of Technology cost” and wondering if it’s even worth applying, let’s break it down together—no confusing jargon, just straight talk.

Stevens isn’t some elite, unreachable university where only millionaires’ kids go. It’s a tech-driven, career-focused school in Hoboken, New Jersey—and yes, it’s private. That means tuition can seem a little scary at first glance. But what you’re paying for is top-tier education, strong return on investment, and great starting salaries after graduation.

And let’s not forget: Stevens’ tuition cost isn’t just one flat number. There’s more to it—things like housing, food, technology fees, books, and yep, even some “sneaky” costs you probably didn’t think about.

So let’s not judge the school by sticker price alone. Let’s dive deeper and actually find out…

What’s the Real Cost to Attend Stevens in 2025?

Alright, let’s talk numbers. If you’re planning to attend Stevens Institute of Technology in 2025, here’s what you can expect to pay before any financial aid or scholarships kick in.

For undergrads, the tuition and fees are currently around $60,000 per year. That’s just the base tuition—full-time tuition at Stevens. Now, throw in room and board, which adds another $16,000 to $18,000 annually, depending on your housing and meal plan. Then factor in books, personal expenses, and technology fees, and we’re easily looking at a total cost of attendance somewhere in the ballpark of $75,000–$80,000 per year.

Yeah, that’s a big number. But before you panic, keep this in mind: this is the “sticker price,” not what most students pay.

👉 Many students qualify for financial aid, grants, and merit-based scholarships, which can bring the Stevens Institute of Technology tuition after scholarships way down. Plus, Stevens offers payment plans, so you’re not expected to drop all that money at once.

Here’s a quick breakdown of the average cost to go to Stevens:

Base tuition: ~$60,000
Room & board: ~$17,000
Books and supplies: ~$1,200
Other fees (including tech fees): ~$2,000
✅ Estimated total (before aid): ~$80,000 per year

For graduate programs, things can vary by school or department, but the average cost per credit hour is around $1,600–$1,800, and a full course load can total anywhere from $20,000 to $40,000 per year.

And for those wondering, how much is Stevens per year for international students? The answer’s pretty much the same as for domestic students, but you’ll want to account for visa fees, travel costs, and health insurance too.

So when someone asks, “How much does it cost to go to Stevens Institute of Technology?”—you’ve got the numbers now. But remember, there’s a huge difference between the listed price and what students end up paying. (We’ll dive into net cost and financial aid in later sections.)

Cost Breakdown: Tuition, Room, Board & Hidden Fees

When you first look at the Stevens Institute of Technology cost, you might be overwhelmed by the price tag. However, what many students don’t realize is that the cost of attendance at Stevens isn’t just the tuition. There are additional expenses that come with the college experience—some expected, and others…well, a bit sneaky.

Tuition & Fees: The Big Ticket Item

As we mentioned earlier, the tuition fees at Stevens Institute of Technology hover around $60,000 per year. That’s a lot of money, but keep in mind it covers much more than just classes. You’re paying for access to world-class faculty, cutting-edge research facilities, and a rich campus experience.

But wait, there’s more to the cost of going to Stevens. You’ll also need to account for room and board, which can vary depending on your choice of dorm or apartment.

Room & Board: Living on Campus

Living on campus can be a convenient option, but it’s not cheap. The cost of living at Stevens Institute ranges between $16,000 and $18,000 per year, depending on the type of dorm and meal plan you choose. While living on campus offers the advantage of being close to everything—classes, libraries, dining halls—it can add a significant chunk to your overall tuition cost.

And hey, if you’re wondering about other hidden costs, there’s more:

Additional Fees: The Sneaky Costs You Might Overlook

Certain costs don’t always make it onto your “cost of attendance” sheet, but they are just as real:

Books and supplies: Expect to spend around $1,200 per year on textbooks and materials for your classes.
Technology fees: For students in tech programs like engineering or computer science, these fees can add up. They’re typically around $2,000 annually.
Personal expenses: This includes things like entertainment, transportation, or eating out. Most students spend around $2,000 per year on personal expenses.

Other Costs: Don’t Forget Insurance and Health Services

And let’s not forget about the health insurance required for all students, which can add a couple of thousand dollars to the total cost. Depending on your personal health plan, you may already be covered, but if not, Stevens provides health insurance that students need to purchase.

Summary of Total Costs

To give you a clearer picture, here’s a rough breakdown of the costs at Stevens per year:

Tuition: ~$60,000
Room & board: ~$17,000
Books and supplies: ~$1,200
Technology fees: ~$2,000
Health insurance: ~$2,000
✅ Total estimated cost: ~$80,000 per year (before financial aid)

While these costs may seem high, remember that many students don’t pay full price thanks to scholarships, financial aid, and other funding options.

Out-of-State, In-State & International Students: Does It Change?

One of the most common questions potential students ask is, “Does the cost of attending Stevens change if I’m from out of state or an international student?” It’s a fair question because many universities have different rates depending on where you’re from. So let’s break it down!

In-State vs. Out-of-State Tuition: Does It Matter at Stevens?

The good news is that Stevens Institute of Technology does not differentiate tuition rates based on whether you’re an in-state or out-of-state student. Unlike some state schools, where students from out of state might pay significantly more, Stevens charges the same tuition for both in-state and out-of-state students.

That means if you’re living in New Jersey, you won’t get a discount. But don’t worry, it’s not a huge deal because Stevens offers other ways to offset costs.

International Students: What to Expect

For international students, the cost of attending Stevens Institute of Technology is largely the same as for domestic students. However, there are some extra costs you’ll need to consider, like visa fees, travel expenses, and health insurance.

International students are also required to purchase health insurance unless they can prove they already have sufficient coverage. This can add $2,000 to $3,000 annually to your costs.

So while the Stevens tuition for international students doesn’t differ significantly from domestic students, the extra fees related to visas and insurance can make it more expensive for students coming from abroad.

Does Financial Aid Change Based on Residency?

One of the best things about Stevens Institute is that the school offers financial aid to all students, whether they’re from New Jersey, across the country, or from overseas. So don’t worry about residency status impacting your financial aid opportunities. Stevens’ financial aid options are available to both domestic and international students, and you may be eligible for merit-based scholarships or need-based grants that can reduce your overall cost.

How Does Stevens Compare to Other Schools?

When comparing Stevens Institute of Technology cost with other private colleges, it’s important to note that Stevens is often considered more affordable than other prestigious schools in the area, such as MIT or Princeton. The tuition might be high, but when you factor in the return on investment (ROI) and the high starting salaries of Stevens graduates, the cost becomes much more reasonable.

Summary for Out-of-State & International Students

In-state vs. out-of-state: No difference in tuition.
International students: Same tuition, but additional costs like visa fees and health insurance.
Financial aid: Available for everyone, regardless of residency status.

Financial Aid & Scholarships: Can You Lower the Cost?

A lot of people assume that attending a high-cost school like Stevens means you’ll be buried in student debt. But here’s the truth—financial aid and scholarships can help significantly reduce your total cost.

Many students think that they won’t qualify for financial aid because Stevens is a private school with a high tuition, but that’s far from the truth. Stevens Institute of Technology offers a wide range of financial aid opportunities, from need-based grants to merit-based scholarships.

What Financial Aid Does Stevens Offer?

Let’s talk about the various options for financial aid at Stevens Institute:

Need-Based Financial Aid: If your family’s income is below a certain level, you might be eligible for need-based financial aid. Stevens uses the FAFSA (Free Application for Federal Student Aid) to determine your eligibility for federal and state financial aid, including Pell Grants and work-study programs.
Merit-Based Scholarships: Stevens offers merit-based scholarships to students who show academic excellence or leadership potential. If you’re a strong student with great test scores and GPA, you might qualify for one of these scholarships, which can significantly reduce the cost of attendance.
Stevens Scholarships: The school also offers Stevens-specific scholarships, which are awarded based on academic performance, extracurricular involvement, or leadership qualities. These can range from $5,000 to $20,000 per year, depending on the student’s profile.
External Scholarships: On top of Stevens’ offerings, there are also external scholarships that you can apply for. Local organizations, national programs, and private foundations often provide financial support to students pursuing higher education.

How Much Financial Aid Do Stevens Students Get?

According to recent data, about 80% of Stevens students receive some form of financial aid. The average financial aid package includes scholarships, grants, and loans, helping students bring their Stevens tuition cost after financial aid to a more manageable level.

While every student’s financial aid package will look different, it’s not uncommon for students to see their tuition reduced by 20%–50% after scholarships and financial aid are applied. So, don’t let the sticker price scare you off!

Other Tips to Lower the Cost

On-Campus Work: Stevens offers a work-study program, allowing students to earn money while studying. This can be a great way to reduce out-of-pocket expenses for things like personal supplies or weekend activities.
Payment Plans: If the upfront cost is a challenge, Stevens offers payment plans, which allow you to break down the tuition into manageable monthly payments over the year.

Summary on Financial Aid

Need-based aid is available through the FAFSA.
Merit-based scholarships can reduce the total cost significantly.
External scholarships from other organizations can further help.
Many students see their tuition reduced by 20%-50% after aid.

Return on Investment (ROI): Is Stevens Worth the Money?

Now, let’s get into the real question: Is Stevens Institute of Technology worth the cost?

The cost of attendance at Stevens might be high, but when you look at the return on investment (ROI), it’s clear that Stevens offers excellent value for the price.

High Salaries After Graduation

One of the best ways to measure ROI is by looking at how much Stevens graduates earn after they finish their degree. And guess what? Stevens graduates earn some of the highest starting salaries in the country.

According to recent reports, the average salary for Stevens graduates is about $80,000–$90,000 per year, with those in high-demand fields like engineering, computer science, and business earning even more.

This high earning potential means that even though the Stevens Institute of Technology cost is high upfront, the earnings potential makes the investment worthwhile in the long run.

What Makes Stevens Worth the Investment?

There are a few reasons why Stevens Institute offers such a great ROI:

Strong Industry Connections: Stevens has established partnerships with major tech companies, finance institutions, and research organizations, which means students have access to top-tier internships and job opportunities during and after their time at the school.
Highly Ranked Programs: Stevens is known for its STEM programs, especially in areas like engineering, computer science, and data science. These programs are not only academically rigorous but also tailored to meet the demands of the job market.
Strong Alumni Network: Stevens has a large, well-connected alumni network that helps current students with mentorship, internships, and job placements. This network is crucial for students who are looking to break into competitive fields.
Location in the NYC Metro Area: Located in Hoboken, New Jersey, Stevens is just a short train ride away from New York City, the financial and tech capital of the world. The proximity to NYC provides Stevens students with countless internship and job opportunities that aren’t available in more remote locations.

Is It Worth It? Let’s Look at the Big Picture

When you compare Stevens’ tuition cost to the potential salaries of graduates, the investment starts to look a lot more reasonable. In fact, with a starting salary of $80,000–$90,000 and the growing demand for tech talent, Stevens graduates recoup their tuition costs in just a few years.

Plus, when you consider that Stevens alumni often go on to hold positions at leading companies like Google, Facebook, JPMorgan, and Tesla, the value of a Stevens degree becomes clear. These aren’t just jobs—they’re career-launching opportunities.

Conclusion: Should You Go to Stevens?

If you’re looking for a top-tier education in technology, business, or engineering, Stevens Institute of Technology is worth the investment. While the Stevens tuition cost might seem steep at first, the strong ROI and high earning potential after graduation make it a smart financial decision for many students.

Living Costs: What to Expect Beyond Tuition

A lot of prospective students often forget to factor in living costs when they consider the cost of Stevens Institute of Technology. It’s easy to get caught up in the tuition fees and financial aid options, but living expenses can make a big difference in your overall budget.

Some might assume that living in a city like Hoboken or near New York City means sky-high living costs. While it’s true that rent and food might be more expensive than in smaller towns, there are ways to manage and still have a fulfilling experience at Stevens.

What Are the Average Living Costs at Stevens?

Living near a major metropolitan area means you can expect to pay more for housing, food, and transportation than you would in a rural area. But don’t worry, Stevens offers plenty of affordable housing options for students, and being near NYC has its perks.

Here’s a breakdown of what you might expect:

On-Campus Housing: The cost for on-campus housing varies depending on the type of dorm or apartment you choose. On average, the cost for on-campus living is around $10,000–$16,000 per year. Stevens offers several different options, ranging from traditional dorm rooms to more independent apartments. This allows students to choose an option that fits their budget.
Off-Campus Housing: If you prefer to live off-campus, rents in Hoboken and Jersey City range between $1,200 and $2,500 per month for shared apartments or private units. While renting off-campus might seem cheaper, don’t forget to factor in transportation costs (you’ll need to budget for commuting to campus).
Food and Groceries: The average student spends around $2,500–$4,000 per year on food. If you’re living on campus, you can choose a meal plan, which usually costs around $4,000–$5,000 per year. If you’re off-campus, cooking for yourself can reduce costs, but eating out around Hoboken or New York City can add up.
Transportation: Hoboken is a walkable city, and many students choose to rely on public transportation to get around, especially since the PATH train offers easy access to Manhattan. A monthly transportation pass can cost anywhere from $100 to $150, depending on your commute.

How Can You Save on Living Costs?

Live on Campus: For many students, living on campus is more affordable and convenient, with everything in one place—dorm rooms, dining options, and campus resources.
Cook Your Meals: If you live off-campus, cooking your meals can be a great way to cut down on food expenses. Shopping at local grocery stores or farmers’ markets will give you more control over your budget.
Use Public Transport: Avoid owning a car—public transportation in the area is great and relatively inexpensive, saving you money on parking and fuel.

Summary on Living Costs

On-campus housing costs between $10,000 and $16,000 per year.
Off-campus housing ranges from $1,200 to $2,500 per month.
Food and groceries cost around $2,500 to $4,000 annually.
Public transportation costs around $100–$150 monthly.

How Does Stevens Institute Compare to Other Schools?

You’ve got the cost breakdown, but how does Stevens stack up compared to other private universities or tech-focused schools? Many students ask if Stevens is worth the price compared to other institutions that offer similar programs.

Is Stevens More Expensive Than Other Schools?

When you look at private schools in the US, the Stevens Institute of Technology cost is fairly competitive, especially for a school located so close to New York City. Let’s compare Stevens with a few other popular options:

MIT: The Massachusetts Institute of Technology (MIT) is often considered one of the best tech schools in the world. However, the cost of attendance there is about $70,000 per year, making Stevens a more affordable option for students who want a top-tier education without the sticker shock.
University of California, Berkeley: UC Berkeley is another powerhouse, but it’s a public institution, which can make it more affordable for in-state students. However, for out-of-state students, the cost of attendance can reach around $50,000–$55,000 annually. Even then, Stevens often comes out on top in terms of ROI, especially for tech majors.
Princeton University: Princeton is another highly ranked school that rivals Stevens in terms of academic quality. However, the tuition at Princeton is around $60,000 per year, plus additional costs for room and board, making it significantly more expensive than Stevens for students not receiving a full scholarship.

What Sets Stevens Apart?

So, what makes Stevens Institute of Technology stand out? The big difference is the focus on STEM and the high return on investment. Stevens graduates earn higher starting salaries than many other private universities, and the school’s connections to tech companies in nearby New York City make it an attractive choice for tech-focused students.

Here are a few reasons Stevens might be the best choice:

Top STEM Programs: Stevens offers specialized programs in engineering, computer science, and data science, all of which are highly regarded in the tech industry.
Close Proximity to NYC: Being in Hoboken, NJ, Stevens gives students easy access to Manhattan, where many of the world’s largest tech companies are headquartered. This means more internships, job opportunities, and career connections.
Competitive Tuition Rates: Compared to other private universities, Stevens is a cost-effective option, especially considering the high earning potential of its graduates.

Summary on Comparing Stevens to Other Schools

Stevens’ tuition cost is competitive, especially compared to other prestigious private schools like MIT and Princeton.
The ROI at Stevens is high, with graduates earning salaries that justify the tuition fees.
Proximity to NYC offers unique job opportunities and internships for students pursuing tech careers.

Financial Aid and Scholarships: How to Reduce the Cost of Attendance

One common misconception about private colleges is that they’re out of reach financially. People often think that paying for school at places like Stevens Institute of Technology is impossible without taking on huge debt. However, that’s not necessarily the case. Financial aid and scholarships can significantly lower the cost of your education, and Stevens offers a variety of options to help students.

Types of Financial Aid Available at Stevens

Need-Based Aid: Stevens offers need-based financial aid to eligible students. The amount of aid depends on your family’s financial situation. If your family earns below a certain threshold, you might qualify for grants and work-study opportunities that can help reduce your overall costs.
Merit-Based Scholarships: Stevens also awards merit-based scholarships to students who demonstrate exceptional academic performance. These scholarships don’t have to be paid back, and they can be a significant source of funding to lower the total cost of tuition. Students can receive anywhere from $10,000 to full-tuition scholarships depending on their GPA, SAT/ACT scores, and extracurricular achievements.
External Scholarships: Many students find additional funding through external scholarships. There are thousands of scholarships from outside organizations, including private foundations, government programs, and industry associations. Some of these scholarships are highly specific, such as awards for students studying engineering, computer science, or entrepreneurship.
Loans: If scholarships and grants don’t fully cover the costs, there are student loans available. The federal student loan program offers low-interest loans, and Stevens participates in programs like the Federal Direct Subsidized Loans and Federal Direct Unsubsidized Loans.

How to Apply for Financial Aid at Stevens

The process to apply for financial aid at Stevens is pretty straightforward. You’ll need to fill out the Free Application for Federal Student Aid (FAFSA), which will help determine your eligibility for need-based financial aid. In addition to the FAFSA, Stevens might also require additional documents depending on your situation, such as tax returns and bank statements.

Summary on Financial Aid and Scholarships

Stevens offers a variety of financial aid options, including need-based grants, merit-based scholarships, and student loans.
Scholarships range from $10,000 to full tuition based on academic performance.
External scholarships can help lower the cost even more.
Apply through the FAFSA to get started.

Is Stevens Institute of Technology Worth the Investment?

By now, you’ve got a pretty good idea of what it costs to attend Stevens Institute of Technology, but the next big question is: Is it worth it? While it’s true that Stevens may be pricier than some public universities, the value you get in terms of education, job opportunities, and future earning potential often makes it a smart investment.

Return on Investment (ROI) at Stevens

One way to measure the worth of any college is to look at the return on investment (ROI). Stevens has one of the highest ROI rates in the country, especially when it comes to STEM graduates. The average starting salary for a Stevens graduate is impressive, often landing between $70,000 and $90,000 per year. Considering the cost of tuition, this high starting salary helps pay back the investment relatively quickly.

Graduate Success Rates

Another metric to consider is the graduate success rate. Stevens has a high job placement rate, with many graduates securing positions in prestigious companies like Google, Amazon, and Facebook. Stevens’ career services are excellent, and the school’s proximity to New York City opens up a wide range of job opportunities in the tech, engineering, and business sectors.

Long-Term Career Prospects

Beyond the starting salary, the long-term earning potential of Stevens graduates is also strong. Many STEM professionals have the potential to earn six-figure salaries within a few years of graduating. Additionally, the networking opportunities and industry connections you make while at Stevens are invaluable for career advancement.

Conclusion: Is It Worth It?

While the Stevens Institute of Technology cost might seem high at first glance, the value you get from attending is hard to beat. The quality of education, prestige, and job prospects far outweigh the initial cost of tuition. For students pursuing careers in engineering, computer science, and other high-demand fields, the investment can pay off quickly and continue to bring in returns for years to come.

Stevens graduates have high starting salaries and a great job placement rate.
The ROI for STEM degrees from Stevens is one of the best in the country.
Industry connections and proximity to New York City help with career advancement.

Ways to Save on Stevens Institute of Technology Cost

So, we’ve talked a lot about the cost of Stevens Institute of Technology and how financial aid can help ease the burden. But what if you’re looking for even more ways to save? There are a few strategies you can use to lower your costs while still getting a world-class education.

1. Live Off-Campus

One way to save money on your college education is to consider living off-campus. Housing at Stevens can be expensive, especially if you opt for on-campus housing. Renting an apartment nearby could save you a lot of money. Just make sure to weigh the convenience of living on campus versus the savings from living off-campus. Keep in mind, you’ll need to factor in transportation costs.

2. Use Public Transportation

If you’re not living on campus, Stevens is in a great location with easy access to public transportation. By using New Jersey Transit or PATH trains into the city, you can cut down on travel expenses. Plus, you’ll experience the New York City area, which is ideal for those looking to jump into internships or networking opportunities.

3. Buy Used or Digital Textbooks

Textbooks can be a hidden cost during college, but there are ways to save. Consider buying used textbooks or using digital versions to cut down on the cost. Stevens also has a textbook rental program, which can help you save even more money.

4. Take Advantage of On-Campus Resources

Stevens offers many free resources that can save you money. For example, instead of paying for private tutoring or external software, you can make use of academic support services, including free tutoring and access to premium software available to students. By utilizing these resources, you can save money while improving your academic performance.

5. Opt for a Part-Time Job

Many students find that working a part-time job helps offset some of their costs. Stevens is located near Hoboken and New York City, where part-time jobs in retail, hospitality, or internships are readily available. The additional income can help pay for living expenses or textbooks.

How Does Stevens Compare to Other Universities in Terms of Cost?

When choosing a college, it’s important to consider costs in the context of other options. So, how does Stevens stack up against other private universities and engineering schools?

Private vs. Public Colleges

Generally, private colleges like Stevens have higher tuition rates than public universities. However, the benefits of attending a private school often outweigh the cost difference. Stevens offers smaller class sizes, more personalized attention, and specialized programs in STEM fields that public universities may not provide.

Comparison with Other Private Universities

When compared to other prestigious private institutions like NYU or Princeton, Stevens is actually considered affordable in terms of tuition, especially when factoring in the scholarships and financial aid it offers. Additionally, Stevens’ ROI is higher than many similarly priced schools, particularly in the fields of engineering and computer science.

Engineering Schools Comparison

If you’re specifically looking at engineering programs, Stevens is often considered a top choice for value. Many top-ranked engineering schools have significantly higher costs. Stevens offers high-quality education at a lower price, making it a strong contender if you’re trying to balance cost and quality in your decision-making process.

Final Verdict: Is Stevens Worth the Price?

The short answer? Yes! The investment in Stevens Institute of Technology’s education can pay off both in the short term with high starting salaries and long term with a rewarding career. The school offers great financial aid packages, has a strong job placement rate, and provides you with the skills and networking opportunities that are highly valued in the workforce.

Stevens provides high-quality education in STEM fields at a reasonable cost, especially compared to other private engineering schools.
The return on investment from attending Stevens is high, with significant earning potential and career opportunities post-graduation.
Scholarships and financial aid are readily available, making Stevens more affordable than it may seem at first glance.

Conclusion: Is Stevens Institute of Technology Right for You?

Choosing the right college is a big decision, and understanding the full cost of attending is crucial. Stevens Institute of Technology is a fantastic choice for students who want to pursue a STEM or business degree at a well-regarded institution. Though the cost can seem high at first glance, the financial aid options, high ROI, and career opportunities available post-graduation make it well worth the investment.

If you’re looking for a school that offers strong academic programs, plenty of financial aid, and an amazing location near New York City, Stevens Institute of Technology could be a perfect fit for you.

Let’s Talk Money – Is Stevens Really That Expensive?