univstats

Institute of Technology Financial Aid

Number Received Financial Aid (All Undergraduate) 244
Percent Received Financial Aid(All Undergraduate) 53%
Average Aid Amount $4,735
Number Received Financial Aid (Freshmen) 205
Percent Received Financial Aid (Freshmen) 92%

Financial Aid Information at Institute of Technology

For the academic year 2021-2022, a total of 244 students (53% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $4,735. For freshmen (Full-time, first-time degree-seeking undergraduate students), 205 students (92% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Institute of Technology is $30,956, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 244 students (53% of all students) have received grants or scholarships and the average received aid amount is $4,735. 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 aid24453%$4,735
Pell Grants23050%$3,838
Federal Student Loans24252%$7,752

Beginning Students Financial Aid

a total of 205 beginning students (92% of all freshmen) have received any financial aid and 203 students (91% 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 Aid20592%-
Grants or Scholarship from All Sources13058%$4,773
Federal Grants13058%$4,773
Pell Grants12857%$4,123
Other Federal Grants9743%$956
State/Local Grants00%$0
Institutional Grants00%$0
Student Loans19587%$8,313
Federal Student Loans16775%$8,711
Other Student Loans12656%$1,320