Cost for all Rutgers University-New Brunswick students increased during 2022-23 school year

Richard L. McCormick, President, Rutgers University - New Brunswick - Rutgers University - New Brunswick
Richard L. McCormick, President, Rutgers University - New Brunswick - Rutgers University - New Brunswick
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Tuition for in-state students at Rutgers University-New Brunswick rose by 2.9% during the 2022-23 academic year, according to recently released figures, according to the latest disclosure from the National Center for Education Statistics.

New Jersey residents paid $16,263 to attend the public university this year, marking an increase of $459 from the $15,804 charged in the 2021-22 academic year.

Non-resident students were charged 108.8% more than in-state students in 2022-23, paying $33,963. This represents a 2.9% increase from the $33,005 tuition fee in the 2021-22 academic year.

Approximately 85% of the undergraduate student body at Rutgers University-New Brunswick are New Jersey residents. Students from other states make up about 8%, while international students account for 6%.

Data indicates that 71% of full-time undergraduates who began studies at Rutgers University-New Brunswick in 2022-23 received some form of financial aid. A total of 4,054 students were awarded grants or scholarships amounting to $65.9 million, and 3,231 students secured student loans totaling over $37.5 million.

Across the entire undergraduate population, 20,050 students received grants or scholarships totaling $300.1 million. Additionally, 13,371 students took out federal student loans amounting to $120.3 million.

Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.

According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.

Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.

Available data sometimes exceeds 100% due to rounding and administrative calculations.

Undergraduate Financial Aid

The following data includes only full-time students who began an undergraduate program at the Rutgers University-New Brunswick in the 2022-23 school year.

Type of Aid Number of students awarded aid Percent awarded aid Total amount of aid awarded Average amount of aid per student
Federal grants 2,037 26% $12.7 million $6,249
State / local grant or scholarship 1,712 22% $15.2 million $8,906
Institutional grants or scholarships 3,641 47% $37.9 million $10,408
Grant or scholarship aid total 4,054 52% $65.9 million $16,249
Federal student loans 3,080 40% $27.7 million $8,990
Other student loans 522 7% $9.8 million $18,794
Student loan aid 3,231 42% $37.5 million $11,606
Total student aid 5,512 71% $103.4 million $18,753

Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.



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