FIT's tuition & fees has increased from $18,510 (2014) to $16,750 (2024), and the rate of tuition increase is 9.51% over the past 10 years. The graduate school tuition & fees has raised from $20,890 (year 2014) to $24,466 (year 2024).
The 2024 tuition & fees are lower than last year (2023) at Fashion Institute of Technology.
FIT's tuition increase rate is lower than the New York's average increase rate of 16.79%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 30.97% from 2014 ($35,522).
For the current academic year 2023-2024, FIT's COA is $46,523, which is decreased by -15.14% from last year.
The following table and chart show changes to FIT's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have decreased 9.51% for the last 10 years , and the 2024 tuition & fees are $16,750. The following table and chart show the tuition & fees changes at Fashion Institute of Technology over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,850, and it has increased 5.71% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,750 | - |
|---|
| 2015-16 | $1,750 | |
|---|
| 2016-17 | $1,850 | 5.71% |
|---|
| 2017-18 | $1,850 | |
|---|
| 2018-19 | $1,850 | |
|---|
| 2019-20 | $1,850 | |
|---|
| 2020-21 | $1,850 | |
|---|
| 2021-22 | $1,850 | |
|---|
| 2022-23 | $1,850 | |
|---|
| 2023-24 | $1,850 | |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 69.62% when a student lives on-campus facilities and 40.32% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Fashion Institute of Technology.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $15,262 | $21,097 | - |
|---|
| 2015-16 | $15,391 | $21,226 | 0.85% |
|---|
| 2016-17 | $15,486 | $21,356 | 0.62% |
|---|
| 2017-18 | $16,095 | $21,708 | 3.93% |
|---|
| 2018-19 | $16,630 | $22,118 | 3.32% |
|---|
| 2019-20 | $16,706 | $22,664 | 0.46% |
|---|
| 2020-21 | $17,350 | $22,526 | 3.85% |
|---|
| 2021-22 | $30,400 | $30,400 | 75.22% |
|---|
| 2022-23 | $30,400 | $30,400 | |
|---|
| 2023-24 | $27,923 | $31,330 | -8.15% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Fashion Institute of Technology and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Fashion Institute of Technology | $22,572
($8,050) | $22,572
($8,050) | - |
|---|
|
| University at Buffalo | $30,572
($10,782) | $28,702
($10,782) | 6.52% |
|---|
|
| Stony Brook University | $30,350
($10,560) | $28,480
($10,560) | 6.57% |
|---|
|
| CUNY Hunter College | $15,332
($7,382) | $15,332
($7,382) | - |
|---|
|
| CUNY Bernard M Baruch College | $15,414
($7,464) | $15,414
($7,464) | - |
|---|
|
| Binghamton University | $29,453
($10,363) | $28,203
($10,363) | 4.43% |
|---|
|