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 (FIT). 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.

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) - FIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship4,48557% $35,710,869$7,962
Pell Grants2,51232% $12,602,147$5,017
Federal Student Loan2,38330% $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) - FIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid90673% --
Grants or Scholarships66654%$5,501,380$8,260
Federal Grants58748%$3,952,762$6,734
Pell Grants42134%$2,231,393$5,300
Other Federal Grants58347%$1,721,369$2,953
State/Local Grants38932%$1,385,080$3,561
Institutional Grants16413%$163,538$997
Student Loan Aid43936%$3,826,371$8,716
Federal Student Loans43335%$2,305,064$5,323
Other Student Loans726%$1,521,307$21,129

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

The following 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 LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level418332$2,908,233$6,957
0-30,000143143$1,621,401$11,338
30,001-48,0009593$926,133$9,749
48,001-75,0005655$250,190$4,468
75,001-110,0003932$90,944$2,332
110,001 or more859$19,565$230

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