New England Institute of Technology

www.neit.edu

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2024 Undergraduate Tuition
$34,875
4.97% growth from 2023
2024 Average Net Price
$36,947
After Financial Aid
2024 Acceptance Rate
66.7%
2,747 Applicants
2024 Enrolled Students
1,922
91.1% Full-Time
2024 Graduation Rate
59.5%
312 Graduates

About

New England Institute of Technology is a higher education institution located in Kent County, RI. In 2024, the most popular Associates Degree concentrations at New England Institute of Technology were Registered Nursing (102 degrees awarded), Automobile Mechanics Technology (72 degrees), and Game & Interactive Media Design (30 degrees).

In 2024, 753 degrees were awarded across all undergraduate and graduate programs at New England Institute of Technology. 43.4% of these degrees were awarded to women, and 56.6% awarded men. The most common race/ethnicity group of degree recipients was white (462 degrees), 4.49 times more than then the next closest race/ethnicity group, hispanic or latino (103 degrees).

The median undergraduate tuition at New England Institute of Technology is $34,875, which is $22,496 more than the national average for Baccalaureate/Associates Colleges ($12,379).

Baccalaureate/Associates Colleges: Mixed Baccalaureate/AssociatesBaccalaureate/Associates Colleges

Costs

In 2024, the median undergraduate tuition at New England Institute of Technology is $34,875, which is $22,496 more than the national average for Baccalaureate/Associates Colleges ($12,379).

After taking grants and loans into account, the average net price for students is $36,947.

In 2024, 81% of undergraduate students attending New England Institute of Technology received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

Tuition Costs

$34,875
2024 Undergraduate Tuition

In 2024, the cost of tuition at New England Institute of Technology was $34,875. The cost of tuition at New England Institute of Technology is $22,496 more than than the overall (public and private) national average for Baccalaureate/Associates Colleges ($12,379).

This chart compares the tuition costs of New England Institute of Technology (in red) with those of other similar universities.

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Average Net Price

$36,947
2024 Value
0.635%
1 Year Growth

In 2024 New England Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $36,947. Between 2023 and 2024, the average net price of New England Institute of Technology grew by 0.635%.

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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.

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Other Student Expenses

$12,323
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at New England Institute of Technology was of $12,323 in 2024. The cost of room and board increased by 2.36% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies decreased by 40.1% during the same period.

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Financial Aid by Income Level

81%
Undergraduates Receiving Financial Aid through Grants
71%
Undergraduates Receiving Financial Aid through Loans

81% of undergraduate students at New England Institute of Technology received financial aid through grants or loans in 2024. This represents a growth of 3.85% with respect to 2023, when 78% of undergraduate students received financial aid.

This chart compares the average award discount at New England Institute of Technology (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.

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Admissions

New England Institute of Technology received 2,747 undergraduate applications in 2024, which represents a 8.58% annual growth. Out of those 2,747 applicants, 1,833 students were accepted for enrollment, representing a 66.7% acceptance rate.

There were 1,922 students enrolled at New England Institute of Technology in 2024. 12% of first-time enrollees submitted SAT scores with their applications.

New England Institute of Technology has an overall enrollment yield of 22.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

66.7%
Acceptance Rate in 2024
1,833
Accepted Out of 2,747

In 2024, the undergraduate acceptance rate of New England Institute of Technology was 66.7% (1,833 admissions from 2,747 applications). This is lower than the acceptance rate of 2023, which was 72.7%. Between 2023 and 2024, the number of applicants grew by 8.58%, while admissions declined by 0.38%.

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

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SAT Scores

12%
Submission Percentage (2022)
53
Scores Submitted (2022)

12% of enrolled first-time students at New England Institute of Technology in 2022 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.

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Enrollment

New England Institute of Technology had a total enrollment of 1,922 students in 2024. The full-time enrollment at New England Institute of Technology is 1,751 students and the part-time enrollment is 171. This means that 91.1% of students enrolled at New England Institute of Technology are enrolled full-time.

The enrolled student population at New England Institute of Technology, both undergraduate and graduate, is 52.5% White, 15.5% Hispanic or Latino, 12.2% Black or African American, 3.38% Asian, 3.23% Two or More Races, and 0.156% American Indian or Alaska Native.

Students enrolled at New England Institute of Technology in full-time Undergraduate programs are most commonly White Male (33.3%), followed by White Female (20.6%) and Hispanic or Latino Male (8.52%). Students enrolled in full-time Graduate programs are most commonly White Female (43.5%), followed by Hispanic or Latino Female (10%) and White Male (9.21%).

Full-Time vs Part-Time Enrollment

91.1%
Full-Time Enrollment

The total enrollment at New England Institute of Technology in 2024, both undergraduate and graduate, is 1,922 students. The full-time enrollment at New England Institute of Technology is 1,751 and the part-time enrollment is 171. This means that 91.1% of students enrolled at New England Institute of Technology are enrolled full-time compared with 43.8% at similar Baccalaureate/Associates Colleges.

This chart shows the full-time vs part-time enrollment status at New England Institute of Technology (in red) compares to similar universities.

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Retention Rate over Time

74%
2024 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 New England Institute of Technology was 74%. Compared with the full-time retention rate at similar Baccalaureate/Associates Colleges (61%), New England Institute of Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at New England Institute of Technology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    1,010 enrolled students
  2. Hispanic or Latino
    298 enrolled students
  3. Black or African American
    235 enrolled students

The enrolled student population at New England Institute of Technology is 52.5% White, 15.5% Hispanic or Latino, 12.2% Black or African American, 3.38% Asian, 3.23% Two or More Races, and 0.156% 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 Baccalaureate/Associates Colleges is 39.2% White, 28.9% Hispanic or Latino, and 14% 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, 248 students (12.9%) did not report their race.

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Graduates

In 2024, 99 fewer women than men received degrees from New England Institute of Technology. The most common race/ethnicity group of degree recipients at New England Institute of Technology is white (462 degrees awarded). There were 4.49 times more white recipients than the next closest race/ethnicity group, hispanic or latino (103 degrees).

The most common Associates Degree concentration at New England Institute of Technology is Registered Nursing (102 degrees awarded), followed by Automobile Mechanics Technology (72 degrees) and Game & Interactive Media Design (30 degrees).

In 2024,  the most specialized majors across all degree types at New England Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (27 degrees awarded), Engineering Technologies (92 degrees), and Construction (49 degrees).

Common Jobs by Major

Other managers
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New England Institute of Technology are Other managers (125,780 people), Graphic designers (99,312 people), Elementary & middle school teachers (83,887 people), Software developers (73,364 people), and Other designers (64,531 people).

The most specialized majors at New England Institute of Technology in 2024 are Communication Technologies (27 degrees awarded), Engineering Technologies (92 degrees), Construction (49 degrees), Mechanical Technologies (89 degrees), and Visual & Performing Arts (69 degrees) (as of 2024).

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Highest Paying Jobs by Major

Agents & business managers of artists, performers, & athletes
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at New England Institute of Technology are Agents & business managers of artists, performers, & athletes, Cardiovascular technologists and technicians, Surgeons, Actuaries, and Physicians

The most specialized majors at New England Institute of Technology are Communication Technologies (27 degrees awarded), Engineering Technologies (92 degrees), Construction (49 degrees), Mechanical Technologies (89 degrees), and Visual & Performing Arts (69 degrees) (as of 2024).

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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 New England Institute of Technology are Elementary & secondary schools (202,431 people), Construction (156,073 people), Colleges, universities & professional schools, including junior colleges (147,020 people), Computer Systems Design (136,156 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (63,298 people).

The most specialized majors at New England Institute of Technology are Communication Technologies (27 degrees awarded), Engineering Technologies (92 degrees), Construction (49 degrees), Mechanical Technologies (89 degrees), and Visual & Performing Arts (69 degrees) (as of 2024).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New England Institute of Technology.
Most Common (2024)
  1. Licensed Practical & Vocational Nurse Training
    28 degrees awarded
  2. Autobody & Collision Repair Technology
    5 degrees awarded
  3. Marine Engineering Technology/Technician
    2 degrees awarded

In 2024, the most common 1 to 2 year postsecondary certificate concentration at New England Institute of Technology was Licensed Practical & Vocational Nurse Training with 28 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at New England Institute of Technology according to their major.

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Sex Breakdown for Common Majors

426
Degrees Awarded to Men
in 2024
327
Degrees Awarded to Women
in 2024

In 2024, 426 degrees were awarded to men at New England Institute of Technology, which is 1.3 times more than the number of degrees awarded to females (327).

This chart displays the sex disparity between the top 5 majors at New England Institute of Technology by degrees awarded.

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Most Common Male Majors

In 2024, 69 degrees were awarded to men at New England Institute of Technology in Automobile Mechanics Technology, which is 23 times more than the 3 female recipients with that same degree.

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Most Common Female Majors

In 2024, 107 degrees were awarded to men at New England Institute of Technology in Registered Nursing, which is 9.73 times more than the 11 male recipients with that same degree.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (67.9%)

The student demographic with the highest graduation rate in 2024 at New England Institute of Technology is Female and White (67.9% graduation rate). Across all Baccalaureate/Associates Colleges, Asian Female students have the highest graduation rate (75.5%).

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.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    462 degrees awarded
  2. Hispanic or Latino
    103 degrees awarded
  3. Black or African American
    50 degrees awarded

The most common race/ethnicity at New England Institute of Technology is white (462 degrees awarded). There were 4.49 times more white recipients than the next closest race/ethnicity group, hispanic or latino (103 degrees).

10.9% of degree recipients (82 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Male
    276 degrees awarded
  2. White Female
    186 degrees awarded
  3. Hispanic or Latino Male
    56 degrees awarded

The most common race/ethnicity and sex grouping at New England Institute of Technology is white male (276 degrees awarded). There were 1.48 times more white male recipients than the next closest race/ethnicity group, white female (186 degrees).

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Operations

New England Institute of Technology has an endowment valued at nearly $280M, as of the end of the 2024 fiscal year. The return on its endowment was of 23.6M (8.41%) compared to the 6.18% average return (1.09M on 17.6M) across all Baccalaureate/Associates Colleges.

In 2024, New England Institute of Technology had a total salary expenditure of 67.2M. New England Institute of Technology employs 36 Assistant professors, 30 Instructors and 29 Associate professors. Most academics at New England Institute of Technology are Male Assistant professor (19), Female Assistant professor (17), and Female Instructor (17).

The most common positions for non-instructional staff at New England Institute of Technology are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 54 employees, Office and Administrative Support, with 37 employees, and Management with 21 employees.

Endowment

$280M
2024 Endowment
6.65%
growth from 2023

New England Institute of Technology has an endowment valued at about $280M, as of the end of the 2024 fiscal year. The endowment of New England Institute of Technology grew 6.65% from the previous year. The value of their endowment was $263M higher than than the median endowment of Baccalaureate/Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at New England Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate/Associates Colleges: Mixed Baccalaureate/Associates Carnegie Classification grouping.

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Salary Expenditure

$30.6M
2024 Salaries
0%
growth from 2023

In 2024, New England Institute of Technology paid a median of $30.6M in salaries, which represents 45.5% of their overall expenditure ($67.2M) and a 0% growth from the previous year.

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Instructional Salaries

$9.98M
Instructional Salaries
110
Number of Employees

In 2024, New England Institute of Technology paid a total of $9.98M to 110 employees working as instructors, which represents 32.6% of all salaries paid.

This is compared to a median of $563k (3.52%) for similar Baccalaureate/Associates Colleges.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at New England Institute of Technology were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 54 employees, Office and Administrative Support with 37 employees, and Management with 21 employees.

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