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How many students are received any financial aid at Florida Institute of Technology?

For the academic year 2022-2023, total 735 full-time, first-time students (98% 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 2,803 students (80% of all students) received grants or scholarships and the average grant amount is $24,751. In addition, 1,393 students received student loans and the average loan amount is $6,575.

Below tables show the number and amount by source of financial aid at Florida Institute of Technology.
All Undergraduate Student Financial Aid at Florida Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,80380%$24,751
Pell Grants70920%$4,909
Federal Student Loans1,39340%$6,575
Beginning Students (Freshmen) Financial Aid at Florida Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid73598%-
Grants or Scholarship from All Sources73598%$27,218
Federal Grants47463%$5,371
Pell Grants17223%$4,946
Other Federal Grants46862%$3,622
State/Local Grants34946%$6,992
Institutional Grants73397%$20,490
Student Loans40053%$10,351
Federal Student Loans38351%$5,410
Other Student Loans9212%$22,480

What is the Financial aid?

Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.

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