NJIT Faculty, Staff and Students
Robert A. Altenkirch
Tuesday, July 26, 2011
FY12 Budget and Tuition and Fee Schedule
The NJIT Board of Trustees has approved the schedule of tuition and fees for the 2011-12 Academic Year and the Fiscal Year 2012 Operating and Capital Budgets. Detailed information can be found on the web at:

Programmatic and campus enhancements in the Fiscal Year 2012 Budget include:

  • Faculty recruitment consistent with the Strategic Plan
  • Facility upgrades including
    • Initiation of a studio expansion project for the College of Architecture and Design to accommodate programmatic and enrollment expansion
    • Further architectural design work, repair and renovation for the Central King Building
    • Upgrades in the Jim Wise Theatre
  • Information technology infrastructure and laboratory equipment upgrades
  • Various campus-wide maintenance projects

Revenues for Fiscal Year 2012 are projected to total approximately $324 million. The State base appropriation remains the same as Fiscal Year 2011, less an allocation of one-time Federal Stimulus funds received last year through the State. A combination of State funding, a 2% projected enrollment increase, a 4.5% increase in tuition and fees for in-state undergraduate students, and a 6% increase in tuition and fees for out-of-state and graduate students allows increased cost and enhancement and maintenance obligations to be met.