univstats

Institute of Technology Financial Aid

Number Received Financial Aid (All Undergraduate) 141
Percent Received Financial Aid(All Undergraduate) 33%
Average Aid Amount $5,362
Number Received Financial Aid (Freshmen) 184
Percent Received Financial Aid (Freshmen) 81%

Financial Aid Information at Institute of Technology

For the academic year 2023-2024, a total of 141 students (33% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $5,362. For freshmen (Full-time, first-time degree-seeking undergraduate students), 184 students (81% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Institute of Technology is $30,956, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 141 students (33% of all students) have received grants or scholarships and the average received aid amount is $5,362. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Institute of Technology for all undergraduate students.
Undergraduate Student Financial Aid at Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid14133%$5,362
Pell Grants13131%$4,444
Federal Student Loans16439%$8,585

Beginning Students Financial Aid

a total of 184 beginning students (81% of all freshmen) have received any financial aid and 183 students (81% 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 Institute of Technology.
Beginning Students (Freshmen) Financial Aid at Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid18481%-
Grants or Scholarship from All Sources11149%$4,678
Federal Grants11049%$4,585
Pell Grants11049%$4,408
Other Federal Grants4419%$441
State/Local Grants10%$14,970
Institutional Grants00%-
Student Loans17276%$7,291
Federal Student Loans13660%$8,542
Other Student Loans10848%$855