If you're considering pursuing a Master of Science in Computer Science at the New Jersey Institute of Technology (NJIT), understanding the financial commitment is crucial. As of the latest academic year, the cost for graduate tuition stands prominently for residents and non-residents alike. For in-state students, the tuition fee is approximately $21,180 per academic year, while out-of-state students can expect to pay around $31,740.

However, tuition is just one part of the financial equation. It's important to also consider additional costs such as fees, books, supplies, and living expenses. Typically, students should budget for around $1,500 for books and supplies annually. Living expenses in Newark, where NJIT is located, can vary but generally range from $12,000 to $18,000 per year depending on your lifestyle and accommodation choices.

Financial aid and scholarships can significantly reduce the burden of these costs. NJIT offers a variety of assistantships, fellowships, and scholarships that can help offset tuition and provide stipends. For example, many graduate students find opportunities as teaching assistants or research assistants, which not only help cover tuition but also provide practical experience in their field.

Moreover, when considering NJIT for your MS in CS, look beyond the costs and consider the ROI—graduates of this program often find lucrative careers in the booming tech industry, making the investment potentially very rewarding. NJIT's close proximity to New York City also offers abundant career opportunities in tech giants and startups alike.