Colleges in New Jersey range from large public research universities to two year community colleges. Rutgers University and Princeton University are the most well known colleges in New Jersey. Also, there are many public community colleges in New Jersey with affordable tuition and transfer programs. Let’s look at some NCES stats about the Granite state:
- New Jersey is home to 34 four year colleges. 32% of them offer masters or doctorate programs in addition to undergraduate studies.
- There are 25 two year or less colleges. About 19% are public community colleges.
- Over the past 5 years New Jersey colleges have seen a small 4.8% decrease in students. In 2017, 419,037 students were enrolled in college.
- In total, there were 87,187 degrees awarded for the 2016 school year. Nearly 50% of those awards were bachelor's degrees.
Salary Breakdown
College Scorecard tells us alums from Stevens Institute of Technology earn the highest average salary. 10 years after starting school, the average alum earns $76,500. Meanwhile, the 2018 mean annual wage earned in New Jersey is $58,210. You do the math!
New Jersey Tuition Program
In 2017-2018, the average tuition and fees in a four year public university are $8,188 according to the NCES. In comparison, a private four year college's tuition and fees are $23,659. Check these NJ programs to help save for college!
New Jersey residents may receive the Tuition Aid Grant depending on certain requirements. Many public and private NJ colleges such as Monmouth University and Rutgers University accept this grant. One third of full time undergrad New Jersey residents are awarded TAG. In 2019-2020, the TAG awarded between $2,700 to $11,400.
New Jersey offers a few tuition savings options to reduce the cost of college. For example, the NJBEST is a 529 college savings plan. The plan covers college tuition, fees, supplies, books and room and board. NJBest has several tax advantages. More importantly, your earnings in the plan grow tax-free from the federal income tax.
If you invest regularly at $100 per month for the next 18 years, then your investments grow to over $42,000. You can deposit as little as $25 per month. It's a great way to invest and save money for college!
Top Colleges in New Jersey ranked by total student population.
Thousands of students have rated these Colleges in New Jersey. Discover what they have to say. Find out about campus life, academics and more!
Source for school statistics and data is the U.S. Department of Education's National Center for Education Statistics and the Integrated Postsecondary Education Data System.