Stevens Announces The Stevens Investment, a Transformative Plan to Promote Access to Higher Education

Hoboken, N.J., Sept. 30, 2025 – Pursuing higher education opens doors for students and their families, promoting social mobility and creating new career opportunities. For some families, the cost of tuition can make that path feel out of reach. To minimize the barriers talented students with limited resources face, Stevens Institute of Technology today announced The Stevens Investment, a plan to offer full tuition coverage to first-time, first-year, full-time undergraduate U.S. citizen or permanent resident students admitted to a degree program whose families earn $75,000 per year or less. 

The Stevens Investment is a bold commitment to expanding access to a transformative Stevens education, beginning with the incoming class of Fall 2026. To qualify, students must complete both the FAFSA and CSS Profile by the posted application deadlines.

In a challenging job market for college degree holders, Stevens graduates have consistently demonstrated the competitive advantage of a Stevens degree. In April 2025, U.S. News & World Report placed Stevens at No. 9 in the nation for return on investment 40 years after enrollment. To ensure all students have the tools they need to thrive in a demanding academic environment, Stevens has invested heavily in student experience, launching the innovative SUCCESS program, a new core curriculum that reinforces life skills for first-year students, as well as specialization in The Frontiers of Technology, which exposes students to emerging fields of study and ensures Stevens grads can remain nimble even when facing challenging markets.  

"At Stevens, we recognize that exceptional students come from all backgrounds and economic circumstances,” said President Nariman Farvardin. “Our role as an institution is to identify that potential and work to remove barriers that might prevent these talented individuals from accessing the transformative education Stevens provides. This program reflects our longstanding commitment to fostering the next generation of leaders and innovators, regardless of their family's financial situation."

“The Stevens Investment represents years of strategic planning to ensure talented students can feel at home at Stevens,” said Vice President for Enrollment Management Cindy Chin. “We are thrilled to have arrived at this milestone, and to be able to put a Stevens education within reach for more students.” 

The Stevens Investment represents one element of a diverse portfolio of financial aid resources designed to support students. For the incoming class of 2025, Stevens awarded over $38 million in institutional aid, which includes transfers, with nearly 99.9% of students receiving some form of institutional assistance (merit and or need-based). The undergraduate student population in the 2024-2025 academic year collectively received more than $190 million in financial aid from internal and external resources. 

For more information on The Stevens Investment, please visit stevens.edu/investment. 

About Stevens Institute of Technology
Stevens is a premier, private research university situated in Hoboken, New Jersey. Since our founding in 1870, technological innovation has been the hallmark of Stevens’ education and research. Within the university’s three schools and one college, more than 8,000 undergraduate and graduate students collaborate closely with faculty in an interdisciplinary, student-centric, entrepreneurial environment. Academic and research programs spanning business, computing, engineering, the arts and other disciplines actively advance the frontiers of science and leverage technology to confront our most pressing global challenges. The university continues to be consistently ranked among the nation’s leaders in career services, post-graduation salaries of alumni and return on tuition investment.

Stevens Media Contact
Kara Panzer
Director of Public and Media Relations
Division of University Advancement
845-475-4594
[email protected]