New Jersey Institute of Technology offers the option to make semester tuition payments on a monthly basis by enrolling in a NJIT Payment Plan. The NJIT Payment Plan allows you to break down your education expenses into manageable installments, rather than one lump-sum payment. With a NJIT Payment Plan you can:
• Spread your payments over a period of months, interest free
• Borrow less – save interest by using current income and savings to make monthly installment payments
• Receive real time e-mail notifications about account adjustments. Account adjustments may include:
Charges – enrolling in housing, adding a meal plan, adding a course. (Note: charges will be evenly distributed among calculated installments)
Payments – cash, credit card, check, eCheck or money order may be applied to future payments (Note: payments received will determine any possible adjustments to calculated installments)
Credits – Financial aid, scholarships, grants and waivers will be credited to your account prior to the calculation of payments, and the balance will be evenly distributed amongst the calculated installments.