Stevens Institute of Technology is a private university located in Hoboken, New Jersey. Founded in 1870, it specializes in engineering, science, and technology programs. As a private institution, it operates independently of state government control and relies on tuition, donations, and research funding for financial support.
Private universities like Stevens typically have higher tuition fees compared to public universities but often offer substantial financial aid. Stevens is known for its strong industry connections, rigorous academics, and emphasis on innovation, making it a prominent choice for students pursuing STEM fields.