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Typical in-state students pay $12,755 annually in tuition and mandatory fees, excluding room and board, while out-of-state students pay $25,417 in tuition and fees. [5] A breakdown of the tuition and fees (by semester) is as follows: tuition, campus fee, school fee, off-campus campus fee, dormitory charges, meal plan, computer fee, NJPIRG fee, Targum fee and course fee. [6]
Rutgers University students will pay a 4% increase in tuition and fees for the coming academic year after the university approved a $5.6 billion budget for the 2024-25 fiscal year.
As a state university, Rutgers charges two separate rates for tuition and fees depending on an enrolled student's residency. The Office of Institutional Research and Academic Planning estimates that costs in-state students of attending Rutgers would amount to $25,566 for an undergraduate living on-campus and $30,069 for a graduate student.
In 2023–2024, weighted average list price for annual tuition and fees at a four-year public university (for residents of the state) was $11,260. [7] Tuition for public school students from outside the state is generally comparable to private school prices, although students can often qualify for state residency after their first year.
Tuition for full-time, New Jersey residents attending Rutgers University in Newark is $10,954; for non-residents it is $25,732. Fees are $2,343, and the cost of room and board is $12,509. Typically, nearly 75 percent of the entering class received an offer of financial aid from Rutgers–Newark.
In 2020-21, the average estimated budgets for full-time undergraduate students were $26,820 for public four-year in-state students and $54,880 for private colleges, according to the College Board.
Research from the CollegeBoard showed that for the 2019 to 2020 academic year, the average cost for an out-of-state student to attend a public four year university was $38,330, while the average in-state cost was $21,950. A student attending a private four year university has an average yearly cost of $49,870.
Tuition and fees do not include the cost of housing and food. For most students in the US, the cost of living away from home, whether in a dorm room or by renting an apartment, would exceed the cost of tuition and fees. [7] [9] In the 2023–2024 school year, living on campus (room and board) usually cost about $12,000 to $15,000 per student. [7]