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Kent County Times

Tuesday, October 8, 2024

Cost of college went up for all students at the New England Institute of Technology

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Tuition and fees rose 3.9 percent for 2018-19 at the New England Institute of Technology, according to recent data from the U.S. Department of Education.

Rhode Island students paid $29,856 to attend the four-year private not-for-profit institution this year – $1,200 more than the $28,656 charged for 2017-18.

Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 479 students received grants or scholarships totaling $4.8 million and 449 students took out student loans totaling more than $4.7 million.

Including all undergraduates (2,763), 1,929 students used grants or scholarships totaling $16.7 million, and 2,036 students took out $16.6 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~1,133$23,031$26,151$28,656$29,85629.6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the New England Institute of Technology in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants31159%$1,512,678$4,864
State / local grant or scholarship18636%$104,090$560
Institutional grants or scholarships47791%$3,206,185$6,722
Grant or scholarship aid total47992%$4,822,953$10,069
Federal student loans44685%$2,939,831$6,592
Other student loans10019%$1,797,633$17,976
Student loan aid44986%$4,737,464$10,551
Total student aid50797%--

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