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Florida Institute of Technology Financial Aid

Florida Institute of Technology Tuition And Financial Aid

September 19, 2018 by Prasanthi Leave a Comment

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Florida Institute of Technology Tuition And Expenses

Cost of Attendance $58,920
Tuition and Fees
$41,240
Room and Board
$12,880
Books and Supplies
$1,200
Other Expenses
$3,600
Payment Plans Credit card, installment plan, external finance company

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Florida Institute of Technology Applying For Financial Aid

Financial Aid Office
E-mail FinAid@fit.edu
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application Deadline Priority deadline March 1
Award Notification On a rolling basis beginning November 1
Methodology for Awarding
Institutional Aid
Federal Methodology
Forms Required Cost to File
FAFSA
Code is 001469
Free
State Aid Form

Florida Institute of Technology Profile Of 2016-17 Financial Aid

Freshmen
Financial Aid Applicants 533 (70.2%) of freshmen
Found to Have Financial Need 458 (85.9%) of applicants
Received Financial Aid 458 (100.0%) of applicants with financial need
Need Fully Met 222 (48.5%) of aid recipients
Average Percent of Need Met 89%
Average Award $36,771
Need-Based Gift
Received by 458 (100.0%) of aid recipients, average amount $25,931
Need-Based Self-Help
Received by 327 (71.4%) of aid recipients, average amount $4,391
Merit-Based Gift
Received by 457 (99.8%) of aid recipients
Merit-Based Gift 229 (30.2%) of freshmen had no financial need and received merit aid, average amount $16,185
All Undergraduates
Financial Aid Applicants 1,845 (56.2%) of undergraduates
Found to Have Financial Need 1,666 (90.3%) of applicants
Received Financial Aid 1,665 (99.9%) of applicants with financial need
Need Fully Met 642 (38.6%) of aid recipients
Average Percent of Need Met 86%
Average Award $36,720
Need-Based Gift
Received by 1,661 (99.8%) of aid recipients, average amount $25,435
Need-Based Self-Help
Received by 1,195 (71.8%) of aid recipients, average amount $5,940
Merit-Based Gift
Received by 1,615 (97.0%) of aid recipients
Merit-Based Gift 1,074 (32.7%) of undergraduates had no financial need and received merit aid, average amount $15,123
Borrowing
2016 Graduates Who
Took Out Loans
52%
Average Indebtedness of
2016 Graduates
$36,678
Parents Borrowing PLUS Loans
Parents of Students
Receiving Aid
29.0%
Parents of Students Not
Receiving Aid
2.0%

FINANCIAL AID PROGRAMS

Florida Institute of Technology Financial Aid Programs

Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans Available
Other Loans College/university loans
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available Academic scholarships, Music/Drama scholarships, Athletic scholarships, State scholarships, ROTC scholarships, Alumni affiliation scholarships
Non-Need Awards
Academic Interest/Achievement
Award Areas
Military Science, Business
Number of Awards
2,258
Top Areas (By Money
Awarded)
Creative Arts/Performance
Award Areas
Music
Number of Awards
26
Top Areas (By Money
Awarded)
Special Achievements/Activities
Award Areas
Cheerleading/Drum Major, Hobbies/Interests, Leadership, Memberships
Number of Awards
120
Top Areas (By Money
Awarded)
Special Characteristics
Award Areas
Children and Siblings of Alumni, Children of Faculty/Staff, International Students, Previous College Experience, Siblings of Current Students
Number of Awards
1,550
Top Areas (By Money
Awarded)
Employment
Work-Study Programs Federal work study available, other work study available
Average Earnings from
On-Campus Employment
$2,294

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