univstats
Number Received Financial Aid (All Undergraduate) 3,155
Percent Received Financial Aid(All Undergraduate) 92%
Average Aid Amount $27,016
Number Received Financial Aid (Freshmen) 870
Percent Received Financial Aid (Freshmen) 99%

Financial Aid Information at NYIT

For the academic year 2021-2022, a total of 3,155 students (92% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $27,016. For freshmen (Full-time, first-time degree-seeking undergraduate students), 870 students (99% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at New York Institute of Technology is $44,360, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 3,155 students (92% of all students) have received grants or scholarships and the average received aid amount is $27,016. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at New York Institute of Technology for all undergraduate students.
Undergraduate Student Financial Aid at New York Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,15592%$27,016
Pell Grants1,48844%$5,483
Federal Student Loans1,57646%$6,422

Beginning Students Financial Aid

a total of 870 beginning students (99% of all freshmen) have received any financial aid and 870 students (99% 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 New York Institute of Technology.
Beginning Students (Freshmen) Financial Aid at New York Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid87099%-
Grants or Scholarship from All Sources87099%$30,398
Federal Grants81493%$4,697
Pell Grants42949%$5,565
Other Federal Grants81493%$1,765
State/Local Grants32537%$3,843
Institutional Grants86499%$24,738
Student Loans40546%$6,530
Federal Student Loans39945%$5,147
Other Student Loans374%$15,981