univstats
Number Received Financial Aid (All Undergraduate) 3,949
Percent Received Financial Aid(All Undergraduate) 46%
Average Aid Amount $6,231
Number Received Financial Aid (Freshmen) 915
Percent Received Financial Aid (Freshmen) 73%

Financial Aid Information at FIT

For the academic year 2018-2019, a total of 3,949 students (46% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $6,231. For freshmen (Full-time, first-time degree-seeking undergraduate students), 915 students (73% of enrolled students) received financial aid.
The 2021 undergraduate tuition & fees at Fashion Institute of Technology is $5,913 for New York residents and $16,493 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2018-2019, a total of 3,949 students (46% of all students) have received grants or scholarships and the average received aid amount is $6,231. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Fashion Institute of Technology for all undergraduate students.
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 aid3,94946%$6,231
Pell Grants2,50329%$4,644
Federal Student Loans2,99535%$6,745

Beginning Students Financial Aid

a total of 915 beginning students (73% of all freshmen) have received any financial aid and 838 students (67% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Fashion Institute of Technology.
Beginning Students (Freshmen) Financial Aid at Fashion Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid91573%-
Grants or Scholarship from All Sources57746%$6,555
Federal Grants41133%$4,897
Pell Grants41133%$4,686
Other Federal Grants1079%$808
State/Local Grants42334%$3,691
Institutional Grants21817%$957
Student Loans50140%$7,872
Federal Student Loans49740%$5,257
Other Student Loans887%$15,128

Students Headcount by Living Status

For academic year 2018-2019, total 442 full-time beginning students have enrolled and attended Fashion Institute of Technology. Among them, 159 students have lived on campus and 13 students lived off campus (without family). Next table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Fashion Institute of Technology
Living Status201620172018
Living On-Campus178163159
Living Off-Campus with Family218275269
Living Off-Campus without Family81013

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

Next table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2018-2019 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Fashion Institute of Technology
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level479368$2,923,783$6,104
$0 - $30,000177177$1,871,083$10,571
$30,001 - $48,0007373$544,502$7,459
$48,001 - $75,0006059$300,212$5,004
$75,001 - $110,0005745$166,724$2,925
$110,001 or more11214$41,262$368