Financial Aid at FIT

Average Amount Received	% Received Financial Aid
$7,962	57%

4,485 students (57% of total 7,908 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Fashion Institute of Technology.

The average amount of the aid awarded is $7,962. For the first-time, full-time beginning students (freshmen), 73% of total 1,233 enrolled students have received any kind of financial aid and its average amount of aid received is $8,260.

Trends Cost of Attendance Get Info

All Undergraduate Financial Aid

At Fashion Institute of Technology, 4,485 undergraduate students (57% of total 7,908 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $7,962.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	4,485	57%	$35,710,869	$7,962
Pell Grants	2,512	32%	$12,602,147	$5,017
Federal Student Loan	2,383	30%	$15,696,451	$6,587

Beginning Undergraduate Students (Freshmen) Financial Aid

906 beginning undergraduate students (73% of total 1,233 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Fashion Institute of Technology. The average amount of aid received is $8,260.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	906	73%	-	-
Grants or Scholarships	666	54%	$5,501,380	$8,260
Federal Grants	587	48%	$3,952,762	$6,734
Pell Grants	421	34%	$2,231,393	$5,300
Other Federal Grants	583	47%	$1,721,369	$2,953
State/Local Grants	389	32%	$1,385,080	$3,561
Institutional Grants	164	13%	$163,538	$997
Student Loan Aid	439	36%	$3,826,371	$8,716
Federal Student Loans	433	35%	$2,305,064	$5,323
Other Student Loans	72	6%	$1,521,307	$21,129

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Fashion Institute of Technology.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	418	332	$2,908,233	$6,957
0-30,000	143	143	$1,621,401	$11,338
30,001-48,000	95	93	$926,133	$9,749
48,001-75,000	56	55	$250,190	$4,468
75,001-110,000	39	32	$90,944	$2,332
110,001 or more	85	9	$19,565	$230

Financial Aid at FIT

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

Compare FIT in a Variety of Ways