The College of New Jersey

www.tcnj.edu

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2023 Undergraduate Tuition

$14,706

4% growth from 2022

2023 Average Net Price

$22,379

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

62.1%

11,668 Applicants

2023 Enrolled Students

7,652

93.2% Full-Time

2023 Graduation Rate

85.2%

1,310 Graduates

About

The College of New Jersey is a higher education institution located in Mercer County, NJ. In 2023, the most popular Bachelors Degree concentrations at The College of New Jersey were General Business Administration & Management (276 degrees awarded), General Biological Sciences (137 degrees), and General Psychology (134 degrees).

In 2023, 2,161 degrees were awarded across all undergraduate and graduate programs at The College of New Jersey. 62.4% of these degrees were awarded to women, and 37.6% awarded men. The most common race/ethnicity group of degree recipients was white (1,372 degrees), 4.33 times more than then the next closest race/ethnicity group, hispanic or latino (317 degrees).

The median undergraduate tuition at The College of New Jersey is $14,706, which is $−9,869 less than the national average for Masters Colleges and Universities ($24,575).

In 2020 the default rate for borrower's at The College of New Jersey was 0%, corresponding to 0 out of the 1,372 total borrowers.

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2023, the median undergraduate tuition at The College of New Jersey is $14,706, which is $9,869 less than the national average for Masters Colleges and Universities ($24,575).

After taking grants and loans into account, the average net price for students is $22,379.

In 2023, 48% of undergraduate students attending The College of New Jersey received financial aid through grants. Comparatively, 47% of undergraduate students received financial aid through loans.

Tuition Costs

$14,706

2023 Undergraduate Tuition

In 2023, the cost of tuition at The College of New Jersey was $14,706. The cost of tuition at The College of New Jersey is $−9,869 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

This chart compares the tuition costs of The College of New Jersey (in red) with those of other similar universities.

Average Net Price

$22,379

2023 Value

0.476%

1 Year Growth

In 2023 The College of New Jersey had an average net price — the price paid after factoring in grants and loans — of $22,379. Between 2022 and 2023, the average net price of The College of New Jersey grew by 0.476%.

This chart compares the average net price of The College of New Jersey (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$14,144

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at The College of New Jersey was of $14,144 in 2023. The cost of room and board increased by 2.85% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at The College of New Jersey (in red) with that of similar universities.

Financial Aid by Income Level

48%

Undergraduates Receiving Financial Aid through Grants

47%

Undergraduates Receiving Financial Aid through Loans

48% of undergraduate students at The College of New Jersey received financial aid through grants or loans in 2023. This represents a growth of 6.67% with respect to 2022, when 45% of undergraduate students received financial aid.

This chart compares the average award discount at The College of New Jersey (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at The College of New Jersey was 0%, which represents 0 out of the 1372 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

The College of New Jersey received 11,668 undergraduate applications in 2023, which represents a 13.3% annual growth. Out of those 11,668 applicants, 7,251 students were accepted for enrollment, representing a 62.1% acceptance rate.

There were 7,652 students enrolled at The College of New Jersey in 2023. 42% of first-time enrollees submitted SAT scores with their applications.

The College of New Jersey has an overall enrollment yield of 21.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.1%

Acceptance Rate in 2023

7,251

Accepted Out of 11,668

In 2023, the undergraduate acceptance rate of The College of New Jersey was 62.1% (7,251 admissions from 11,668 applications). This is lower than the acceptance rate of 2022, which was 64.4%. Between 2022 and 2023, the number of applicants grew by 13.3%, while admissions grew by 9.23%.

This chart compares the acceptance rate of The College of New Jersey (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

42%

Submission Percentage (2023)

647

Scores Submitted (2023)

42% of enrolled first-time students at The College of New Jersey in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

The College of New Jersey had a total enrollment of 7,652 students in 2023. The full-time enrollment at The College of New Jersey is 7,130 students and the part-time enrollment is 522. This means that 93.2% of students enrolled at The College of New Jersey are enrolled full-time.

The enrolled student population at The College of New Jersey, both undergraduate and graduate, is 58.7% White, 17.5% Hispanic or Latino, 10.3% Asian, 5.79% Black or African American, 2.91% Two or More Races, 0.0653% Native Hawaiian or Other Pacific Islanders, and 0.0653% American Indian or Alaska Native.

Students enrolled at The College of New Jersey in full-time Undergraduate programs are most commonly White Female (32.6%), followed by White Male (26.8%) and Hispanic or Latino Female (10.7%). Students enrolled in full-time Graduate programs are most commonly White Female (52.8%), followed by White Male (12.1%) and Hispanic or Latino Female (9.75%).

Full-Time vs Part-Time Enrollment

93.2%

Full-Time Enrollment

The total enrollment at The College of New Jersey in 2023, both undergraduate and graduate, is 7,652 students. The full-time enrollment at The College of New Jersey is 7,130 and the part-time enrollment is 522. This means that 93.2% of students enrolled at The College of New Jersey are enrolled full-time compared with 68.2% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at The College of New Jersey (in red) compares to similar universities.

Retention Rate over Time

90%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at The College of New Jersey was 90%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), The College of New Jersey had a retention rate higher than its peers.

This chart shows the retention rate over time at The College of New Jersey (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
4,492 enrolled students
Hispanic or Latino
1,339 enrolled students
Asian
785 enrolled students

The enrolled student population at The College of New Jersey is 58.7% White, 17.5% Hispanic or Latino, 10.3% Asian, 5.79% Black or African American, 2.91% Two or More Races, 0.0653% Native Hawaiian or Other Pacific Islanders, and 0.0653% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 50.1% White, 17.7% Hispanic or Latino, and 13.4% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 308 students (4.03%) did not report their race.

Graduates

In 2023, 537 more women than men received degrees from The College of New Jersey. The most common race/ethnicity group of degree recipients at The College of New Jersey is white (1,372 degrees awarded). There were 4.33 times more white recipients than the next closest race/ethnicity group, hispanic or latino (317 degrees).

The most common Bachelor's Degree concentration at The College of New Jersey is General Business Administration & Management (276 degrees awarded), followed by General Biological Sciences (137 degrees) and General Psychology (134 degrees).

In 2023, the most specialized majors across all degree types at The College of New Jersey, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (599 degrees awarded), History (52 degrees), and English (77 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at The College of New Jersey are Elementary & middle school teachers (1,611,619 people), Secondary school teachers (638,159 people), Education administrators (313,238 people), Postsecondary teachers (302,295 people), and Other managers (259,408 people).

The most specialized majors at The College of New Jersey in 2023 are Education (599 degrees awarded), History (52 degrees), English (77 degrees), Physical Sciences (58 degrees), and Math & Statistics (57 degrees) (as of 2023).

Highest Paying Jobs by Major

Diagnostic medical sonographers

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at The College of New Jersey are Diagnostic medical sonographers, Surgeons, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at The College of New Jersey are Education (599 degrees awarded), History (52 degrees), English (77 degrees), Physical Sciences (58 degrees), and Math & Statistics (57 degrees) (as of 2023).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at The College of New Jersey are Elementary & secondary schools (3,068,307 people), Colleges, universities & professional schools, including junior colleges (575,383 people), Computer Systems Design (235,756 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (228,728 people), and Legal services (173,631 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by The College of New Jersey.

Most Common (2023)

General Business Administration & Management
276 degrees awarded
General Biological Sciences
137 degrees awarded
General Psychology
134 degrees awarded

In 2023, the most common bachelors degree concentration at The College of New Jersey was General Business Administration & Management with 276 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at The College of New Jersey according to their major.

Sex Breakdown for Common Majors

812

Degrees Awarded to Men

in 2023

1,349

Degrees Awarded to Women

in 2023

In 2023, 812 degrees were awarded to men at The College of New Jersey, which is 0.602 times less than the number of degrees awarded to females (1,349).

This chart displays the sex disparity between the top 5 majors at The College of New Jersey by degrees awarded.

Most Common Male Majors

In 2023, 197 degrees were awarded to men at The College of New Jersey in General Business Administration & Management, which is 1.93 times more than the 102 female recipients with that same degree.

Most Common Female Majors

In 2023, 141 degrees were awarded to men at The College of New Jersey in General Special Education & Teaching, which is 9.4 times more than the 15 male recipients with that same degree.

Time to Complete

76%

100% Completion Time

87%

150% Completion Time

In 2023, 76% of students graduating from The College of New Jersey completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 88% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at The College of New Jersey is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 4.12% of graduates (54 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
1,372 degrees awarded
Hispanic or Latino
317 degrees awarded
Asian
216 degrees awarded

The most common race/ethnicity at The College of New Jersey is white (1,372 degrees awarded). There were 4.33 times more white recipients than the next closest race/ethnicity group, hispanic or latino (317 degrees).

5.14% of degree recipients (111 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
834 degrees awarded
White Male
538 degrees awarded
Hispanic or Latino Female
199 degrees awarded

The most common race/ethnicity and sex grouping at The College of New Jersey is white female (834 degrees awarded). There were 1.55 times more white female recipients than the next closest race/ethnicity group, white male (538 degrees).

Operations

The College of New Jersey has an endowment valued at nearly $61.1M, as of the end of the 2023 fiscal year. The return on its endowment was of 9.56M (15.7%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities.

In 2023, The College of New Jersey had a total salary expenditure of 261M. The College of New Jersey employs 160 Professors, 127 Associate professors and 53 Assistant professors. Most academics at The College of New Jersey are Female Professor (93), Male Professor (67), and Female Associate professor (67).

The most common positions for non-instructional staff at The College of New Jersey are: Natural Resources, Construction, and Maintenance, with 129 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 126 employees, and Management with 109 employees.

Endowment

$61.1M

2023 Endowment

5.23%

growth from 2022

The College of New Jersey has an endowment valued at about $61.1M, as of the end of the 2023 fiscal year. The endowment of The College of New Jersey grew 5.23% from the previous year. The value of their endowment was $11.3M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at The College of New Jersey (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$5.94M - Federal
$12.8M - State
$64.2k - Local

As of 2023, The College of New Jersey received $5.94M in grants and contracts from the federal government, $12.8M from state grants and contracts, and $64.2k from local grants and contracts.

Salary Expenditure

$106M

2023 Salaries

3.23%

decline from 2022

In 2023, The College of New Jersey paid a median of $106M in salaries, which represents 40.7% of their overall expenditure ($261M) and a 3.23% decline from the previous year. This is compared to a 9.93% growth between 2021 and 2022, and a 6.62% decline between 2020 and 2021.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$43M

Instructional Salaries

365

Number of Employees

In 2023, The College of New Jersey paid a total of $43M to 365 employees working as instructors, which represents 40.4% of all salaries paid.

This is compared to a median of $1.12M (2.97%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

160 Employees

Natural Resources, Construction, and Maintenance

Most Common Non-Instructional Employee

129 Employees

In 2023, the most common positions for instructional staff at The College of New Jersey were Professor with 160 employees, Associate professor with 127 employees, and Assistant professor with 53 employees.

In 2023, the most common positions for non-instructional staff at The College of New Jersey were Natural Resources, Construction, and Maintenance with 129 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 126 employees, and Management with 109 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Professor
Male Professor
Female Associate professor

In 2023, the most common demographic for instructional staff at The College of New Jersey was Female Professor with 93 employees, Male Professor with 67 employees, and Female Associate professor with 67 employees.

This chart shows the sex split between each academic rank present at The College of New Jersey.

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