For the academic year 2022-2023, total 205 full-time, first-time students (92% 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 244 students (53% of all students) received grants or scholarships and the average grant amount is $4,735. In addition, 242 students received student loans and the average loan amount is $7,752.
Below tables show the number and amount by source of financial aid at Institute of Technology.
For all undergraduate students, total 244 students (53% of all students) received grants or scholarships and the average grant amount is $4,735. In addition, 242 students received student loans and the average loan amount is $7,752.
Below tables show the number and amount by source of financial aid at Institute of Technology.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 244 | 53% | $4,735 |
| Pell Grants | 230 | 50% | $3,838 |
| Federal Student Loans | 242 | 52% | $7,752 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 205 | 92% | - |
| Grants or Scholarship from All Sources | 130 | 58% | $4,773 |
| Federal Grants | 130 | 58% | $4,773 |
| Pell Grants | 128 | 57% | $4,123 |
| Other Federal Grants | 97 | 43% | $956 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 0 | 0% | $0 |
| Student Loans | 195 | 87% | $8,313 |
| Federal Student Loans | 167 | 75% | $8,711 |
| Other Student Loans | 126 | 56% | $1,320 |
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