1,324 students (60% of total 2,211 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Institute of Technology (FIT). The average amount of the aid awarded is $5,525.

For the first-time, full-time beginning students (freshmen), 93% of total 883 enrolled students have received any kind of financial aid and its average amount of aid received is $5,846.

All Undergraduate Financial Aid

At Institute of Technology, 1,324 undergraduate students (60% of total 2,211 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $5,525.

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 Scholarship1,32460% $7,315,067$5,525
Pell Grants1,21455% $5,499,322$4,530
Federal Student Loan1,16052% $8,885,522$7,660

Beginning Undergraduate Students (Freshmen) Financial Aid

818 beginning undergraduate students (93% of total 883 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Institute of Technology. The average amount of aid received is $5,846.

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 Aid81893% --
Grants or Scholarships64573%$3,770,958$5,846
Federal Grants62971%$3,353,652$5,332
Pell Grants61470%$3,062,378$4,988
Other Federal Grants49856%$291,274$585
State/Local Grants496%$388,500$7,929
Institutional Grants81%$28,806$3,601
Student Loan Aid72282%$5,725,925$7,931
Federal Student Loans64373%$5,256,087$8,174
Other Student Loans41547%$469,838$1,132

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