73

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.

Payback Period
6.5 yr
Years until earnings premium covers total investment
Net Price / Year
$22,443
$89,772 over 4 years after aid
10-Year Earnings
$70,080
Median graduate 10 years after entry
Debt / Earnings
0.51
$23,334 median debt vs average earnings 6 yrs after entry

New York Institute of Technology

73
ROI ScoreFair Value
Earnings Premium
81(0.39x)
Payback Period
86(6.5 yr)
Debt / Earnings
71(0.51)
Completion Rate
58(59%)
Repayment Rate
45(72%)

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 period6.5 years
6-year graduation rate58.8%
Undergraduate enrollment3,440

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 IncomeAvg 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.

MajorMedian EarningsGrade
Biology$80,208D
Architectural Sciences and Technology$69,776C
Computer and Information Sciences$83,710C
Registered Nursing$117,461B
Electrical Engineering$99,480B
Mechanical Engineering$89,966C+
Business Administration, Management, and Operations$73,851D
Engineering Technologies/Technicians, General$80,376C+
Multi/Interdisciplinary Studies, Other$62,365D
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

6 years after entry (average)$45,500
+$3,700 vs. HS grad
10 years after entry (median)$70,080
+$28,280 vs. HS grad
Annual earnings premium$28,280
Over median HS graduate ($41,800, NCES 2022)

Loan Repayment

MetricThis SchoolMedian of schools we score
1-year repayment65.9%68.8%
3-year repayment71.8%73.6%
5-year repayment64.0%67.7%
7-year repayment66.1%72.8%

Completion Rate

0%National avg (NCES, 2022): 64.0%100%
58.8%
6-year 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

Net price
$26K$20K$13K$7K$0
'09'10'11'12'13'14'15'16'17'18'19'20'21'22'23'24

Completion Rate

Completion rate
62%46%31%15%0%
'09'10'11'12'13'14'15'16'17'18'19'20'21'22'23'24

Median Earnings, 10 Years After Entry (as reported)

Median earnings
$74K$55K$37K$18K$0
'09'11'12'13'14'20

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 rate81.0%
SAT Math (25th-75th)600-730
SAT Reading (25th-75th)590-690
ACT Composite (25th-75th)24-32
Enrollment3,440
Pell Grant recipients45.1%
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.

SchoolROINet Price10yr 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

Fair Value

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.