New York Institute of Technology
Old Westbury, New York · Private Nonprofit · 81.0% acceptance rate
ROI Score: 73/100 · Fair Value
Data: 2024-25 College Scorecard release
New York Institute of Technology scores 73 (Fair Value). New York Institute of Technology (NYIT) is a private technology-focused university headquartered in Old Westbury on Long Island, enrolling about 3,440 students. Average six-year earnings of $45,500 and a 6.5-year payback period are respectable, but the 58.8% completion rate and a 71.8% seven-year repayment rate introduce meaningful risk. The 45% Pell Grant rate underscores NYIT's importance as an access institution for New York - area students from moderate-income backgrounds.
New York Institute of Technology
Quick Numbers
| In-state tuition + fees | $46,560/yr |
| Out-of-state tuition + fees | $46,560/yr |
| Average net price | $22,443/yr |
| Total 4-year cost (net) | $89,772 |
| Median earnings (10yr post-entry) | $70,080 |
| Average earnings (6yr post-entry) | $45,500 |
| Median debt at graduation | $23,334 |
| Estimated monthly loan payment | $247 |
| Estimated payback period | 6.5 years |
| 6-year graduation rate | 58.8% |
| Undergraduate enrollment | 3,440 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $46,560/year, which covers tuition and fees only. After grants, scholarships, and aid, the average student here pays a net price of $22,443/year, or roughly $89,772 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $17,084/year here, while families earning over $110,000 pay $30,396/year.
Among graduates who borrowed, the median federal loan debt from this school is $23,334, which works out to about $247 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($45,500) and comes to 0.51, under 1.0, meaning median debt is less than a full year of those earnings.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $17,084 |
| $30,001 - $48,000 | $18,312 |
| $48,001 - $75,000 | $22,592 |
| $75,001 - $110,000 | $27,226 |
| $110,001+ | $30,396 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Students from households under $30,000 pay $17,084 net. Four-year cost approaches $68,000. With average six-year earnings of $45,500, the 6.5-year payback is workable, but low-income students in nursing or engineering fare far better; those in biology or arts face a harder calculation. FAFSA maximization and institutional aid stacking are critical at this income level.
Middle-income families ($30K-$110K)
The $48,001 - $75,000 band pays $22,592 net, with four-year investment approaching $90,000. This is where NYIT's Fair Value designation is most accurate: middle-income families get a reputable technology brand at roughly half the private university average, with outcomes that justify the investment if the student chooses STEM or health. Business and communication majors face a tougher ROI argument at this price.
Higher-income families ($110K+)
Households above $110,000 pay $30,396 net - a four-year commitment of over $121,000.
Earnings by Major
Top 10 most popular majors at New York Institute of Technology with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Biology | $80,208 | D |
| Architectural Sciences and Technology | $69,776 | C |
| Computer and Information Sciences | $83,710 | C |
| Registered Nursing | $117,461 | B |
| Electrical Engineering | $99,480 | B |
| Mechanical Engineering | $89,966 | C+ |
| Business Administration, Management, and Operations | $73,851 | D |
| Engineering Technologies/Technicians, General | $80,376 | C+ |
| Multi/Interdisciplinary Studies, Other | $62,365 | D |
| Radio, Television, and Digital Communication | $37,095 | - |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
Program Analysis
Why these programs deliver their earnings outcomes.
Registered Nursing
Nursing (62 graduates) produces $88,844 in year-one earnings and $117,461 at four years, with a 0.40 debt-to-earnings ratio and B grade. Despite elevated median debt ($35,500, likely reflecting the program's accelerated RN-to-BSN structure), the earnings trajectory is compelling. NYIT nursing graduates enter a high-paying regional healthcare labor market, with New York City metro hospital systems bidding aggressively for BSN-prepared RNs.
Electrical Engineering
Electrical Engineering (46 graduates) earns $70,362 at one year and $99,480 at four, with a 0.37 ratio and B grade. The Long Island defense and aerospace corridor - Northrop Grumman, L3Harris, Telephonics - provides direct placement for NYIT EE graduates. At a $22,443 net price, the four-year investment of roughly $90,000 yields a solid return against $99,000 in four-year projected earnings.
Architectural Sciences and Technology
Architecture is NYIT's largest program by graduate count (100 reported) and the backbone of the school's identity. Graduates earn $50,115 at one year and $69,776 at four years. With $29,000 median debt and a 0.58 ratio (C grade), the ROI is marginal at NYIT's net price. Students should research licensure timelines and aim for firms with strong mentorship and exam-support infrastructure.
Computer and Information Sciences
CIS graduates (81 reported - a large cohort) earn $43,801 at one year and $83,710 at four years. The wide gap between one- and four-year earnings suggests many graduates start in support or entry-level dev roles before advancing. Ratio of 0.57 earns a C grade, slightly below what the final earnings trajectory would justify. At the $22,443 net price, this is still a viable path.
Biology
Biology is NYIT's largest cohort program (179 graduates) - a reflection of its large pre-health population. One-year earnings of $20,883 indicate most graduates enter graduate or professional programs rather than direct employment. The 0.93 debt-to-earnings ratio and D grade at the undergraduate level reflect this pipeline reality. Biology at NYIT is best evaluated as a pre-med or pre-health gateway, not a terminal bachelor's degree with standalone ROI.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | 65.9% | 68.8% |
| 3-year repayment | 71.8% | 73.6% |
| 5-year repayment | 64.0% | 67.7% |
| 7-year repayment | 66.1% | 72.8% |
Completion Rate
Trends Over Time
How New York Institute of Technology’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 81.0% |
| SAT Math (25th-75th) | 600-730 |
| SAT Reading (25th-75th) | 590-690 |
| ACT Composite (25th-75th) | 24-32 |
| Enrollment | 3,440 |
| Pell Grant recipients | 45.1% |
| Avg faculty salary (monthly) | $13,524 |
NYIT admits 81% of applicants. SAT mid-range is 600 - 730 math, 590 - 690 reading; ACT 24 - 32. Scores suggest a competitively capable applicant pool, with the math-heavy range reflecting STEM concentration. Architecture and engineering programs have separate portfolio or prerequisite expectations. Students should verify net price calculators carefully - the $24,000 gap between sticker and net price is significant and varies considerably by family income.
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| New York Institute of Technology (this school) | 73 | $22,443 | $70,080 |
| Albany College of Pharmacy and Health Sciences | 94 | $29,882 | $131,426 |
| Bradley University | 75 | $22,719 | $66,852 |
| Adelphi University | 75 | $30,783 | $75,482 |
| University of Scranton | 75 | $32,568 | $74,652 |
| Saint Xavier University | 72 | $10,970 | $58,656 |
Who Thrives Here
The 81% admission rate is accessible, and the SAT mid-range of 600 - 730 (math) and 590 - 690 (reading) suggests a technically-oriented applicant pool. Students drawn to the arts, communication, or hospitality should weigh carefully whether NYIT's price justifies the outcomes. Architecture students should be prepared for a demanding professional program with competitive early career earnings.
The Verdict: A Reasonable Bet - With Caveats
New York Institute of Technology is a fair-value bet, but how well it pays off depends a lot on you. At $22,443 a year after aid ($89,772 over four years), with the typical graduate earning $70,080 a decade out, the cost takes about 6.5 years to earn back. For context, the median payback across the schools we score is about 12 years.
What it has going for it: a strong earnings premium over high school graduates.
Median debt of $23,334 among graduates who borrowed, against average earnings of $45,500 six years after entry, gives a debt-to-earnings ratio of 0.51, under the 1.0 point at which debt would equal a full year of those earnings. Your major matters a lot here: graduates in higher-earning fields will see the better end of this.
New York Institute of Technology: Common Questions
Is New York Institute of Technology worth it?
In our view, it's a fair-value bet - whether New York Institute of Technology is worth it depends a lot on your major and aid package. It scores 73/100 on our ROI scale. At $22,443 a year after aid ($89,772 over four years) against $70,080 in typical earnings a decade out, the cost takes about 6.5 years to earn back. For context, the median payback across the schools we score is about 12 years.
How much does New York Institute of Technology cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $22,443 a year, or roughly $89,772 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do New York Institute of Technology graduates earn?
The typical graduate earns about $70,080 ten years after enrolling, roughly $28,280 a year more than the median high-school graduate ($41,800, per NCES, 2022). That earnings gap is what has to cover the cost of the degree.
How long does it take to pay off New York Institute of Technology?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at about 6.5 years for New York Institute of Technology. The median across the schools we track is about 12 years.
How much debt do New York Institute of Technology graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $23,334, against average earnings of $45,500 six years after entry - a debt-to-earnings ratio of 0.51. In our view that is reasonable, though your major matters: higher-earning fields will see the better end of it.
What is the graduation rate at New York Institute of Technology?
The six-year graduation rate is 58.8%. The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
Rankings & Links
Guides & Tools
Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.