Stevens Institute of Technology
Updated 31 August 2026
| Campus Location | Hoboken, New Jersey (15 Mins from Manhattan) |
| University Type | Private Technological University |
| Out-of-State Tuition | $42,000 USD / year (~₹34.8 Lakhs) |
| In-State Rate (With TA/RA) | N/A (Private Institution) |
| Monthly Living Expenses | $1,400 - $1,800 / month |
| Off-Campus Housing Difficulty | 8.5 / 10 (Hoboken / Jersey City Rent) |
| Target Admission Cutoff | 7.5+ Indian CGPA (3.2+ US WES GPA) |
Executive Summary: Why Indian Families Choose Stevens Institute of Technology
Stevens Institute of Technology located in Hoboken, New Jersey (15 Mins from Manhattan) is a premier choice for Indian international students seeking STEM Master's degrees in Computer Science, Data Science, and Engineering.
Stevens Institute of Technology in Hoboken, New Jersey sits directly across the Hudson River from Midtown Manhattan. Stevens is famous for financial engineering, computer science, and high starting graduate salaries.
Key Pillars for Parents and Students:
- Tech Hub & Recruiter Access: Located near New York City Financial Tech Ecosystem (Wall Street, Jersey City FinTech, NYC Tech), offering direct career fair access to top US corporate recruiters.
- Graduate Assistantship (TA/RA) Savings: Stevens offers Provost Merit Scholarships ($5,000 to $15,000/year) to admitted international Master's applicants.
- Off-Campus Student Housing: Students live in Hoboken or Jersey City (Heights/Journal Square), sharing apartments for $750 to $1,100/month per person.
2-Year Financial Outlay Breakdown:
| Expense Category | Annual Amount (USD) | When Do You Pay This? | Deep-Dive Playbook |
|---|---|---|---|
| Out-of-State Tuition | $42,000 USD / year | Semester-wise (Aug & Jan) | Total Cost Breakdown |
| In-State Tuition (With TA/RA) | N/A (Private Institution) | Semester-wise (Aug & Jan) | Assistantships Ta Ra Ga |
| Off-Campus Housing Rent | $1,400 - $1,800 / month | Monthly to Landlord | Off Campus Housing Lease |
| Health Insurance (ISO Waiver) | ~$800 / year | Annual (Waiver Approved) | Health Insurance Waiver Guide |
Admission Requirements & Application Checklist
To apply for graduate programs at Stevens Institute of Technology, Indian applicants must submit:
- WES Credential Evaluation: Course-by-course transcript conversion to 4.0 US scale (WES Credential Evaluation Manual).
- GRE / GMAT Test Requirement: GRE Waived for qualified applicants (GRE GMAT Waiver Directory).
- English Language Proficiency: TOEFL iBT 86+ / IELTS 7.0 Band / Duolingo DET 120+ (TOEFL IELTS Duolingo Cutoffs).
- Statement of Purpose (SOP): Academic SOP referencing faculty research labs (Sop Lor Resume US Standards).
- Priority Application Deadline: January 15 (Fall Intake) (Priority vs Rolling Deadlines).
Top STEM Master's Programs for International Students
- MS in Computer Science (MS CS) — Charles V. Schaefer School; STEM
- MS in Financial Analytics / Financial Engineering — Top Wall Street Placement
- MS in Information Systems (MSIS) — School of Business
- MS in Software Engineering —
Common Questions (FAQs)
How close is Stevens to Manhattan?
Stevens campus is in Hoboken, just a 10-minute PATH train ride into World Trade Center or 15 minutes into 33rd Street Manhattan.
Are Stevens graduates paid well?
Yes, Stevens is consistently ranked in the Top 15 nationally for mid-career graduate salaries due to Wall Street and NYC tech hiring.
Does Stevens offer merit scholarships?
Yes, Stevens awards Provost Merit Scholarships ranging from $5,000 to $15,000/year.
Is GRE required for Stevens MS CS?
GRE is waived for qualified computer science applicants.