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What is the average financial aid amount at inst?

For the academic year 2022-2023, total 906 full-time, first-time students (73% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 4,485 students (57% of all students) received grants or scholarships and the average grant amount is $7,962. In addition, 2,383 students received student loans and the average loan amount is $6,587.

Below tables show the number and amount by source of financial aid at Fashion Institute of Technology.
All Undergraduate Student Financial Aid at Fashion Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid4,48557%$7,962
Pell Grants2,51232%$5,017
Federal Student Loans2,38330%$6,587
Beginning Students (Freshmen) Financial Aid at Fashion Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid90673%-
Grants or Scholarship from All Sources66654%$8,260
Federal Grants58748%$6,734
Pell Grants42134%$5,300
Other Federal Grants58347%$2,953
State/Local Grants38932%$3,561
Institutional Grants16413%$997
Student Loans43936%$8,716
Federal Student Loans43335%$5,323
Other Student Loans726%$21,129

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