Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,489, which is 94.33 % of all undergraduate students. 649 students which is 36.89% of undergraduate students received federal student loans and the average loan amount is $4,358.

For full-time, first-time beginning students (freshmen), 99.22% of students received grants or scholarships and 41% of students received student loans.


All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at South Florida Institute of Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,489, which is 94.33 % of all undergraduate students. 649 students which is 36.89% of undergraduate students received federal student loans and the average loan amount is $4,358.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,151 (94%)$5,3311,150 (94%)$5,280443 (36%)$1,352
2014-151,365 (100%)$5,4741,365 (100%)$5,213199 (15%)$1,585
2015-161,232 (100%)$4,6111,232 (100%)$4,611127 (10%)$1,704
2016-171,376 (93%)$5,5741,376 (93%)$5,574132 (9%)$1,858
2017-181,448 (100%)$5,1571,448 (100%)$5,157437 (30%)$4,090
2018-191,486 (97%)$5,7061,486 (97%)$5,706711 (46%)$5,106
2019-201,366 (97%)$5,8511,366 (97%)$5,851872 (62%)$7,440
2020-212,088 (100%)$6,2762,088 (100%)$6,2761,596 (76%)$7,940
2021-221,886 (68%)$6,1471,886 (68%)$6,1471,323 (48%)$8,148
Average1,489 (94.33%)$5,5701,489 (94.33%)$5,535649 (36.89%)$4,358
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 1,087 (99.22 % of students) received grants or scholarships and its average amount is $5,578. It can cover 54.42% of tuition & fees ($10,250).

In addition, 512 (40.89 % of students) students get helped from the students loans (average amount : $4,744).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14743 (99%)$5,440306 (41%)$1,382
2014-15832 (100%)$5,323121 (15%)$1,529
2015-16815 (100%)$4,68686 (11%)$1,571
2016-17877 (100%)$5,563101 (12%)$1,681
2017-181,016 (100%)$5,157314 (31%)$5,693
2018-191,004 (96%)$5,818504 (48%)$6,998
2019-201,100 (100%)$5,948781 (71%)$7,839
2020-211,533 (100%)$6,0581,069 (70%)$7,852
2021-221,866 (98%)$6,2131,323 (69%)$8,148
Average1,087 (99.22%)$5,578512 (40.89%)$4,744
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 1,087 (99.22 % of students) received Pell (federal) grants and its average amount is $5,571.

In addition, 4 students received State/local government grants/scholarships (1.00 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14743 (99%)$5,373256 (34%)$1373 (0%)$4,985--
2014-15832 (100%)$5,319--5 (1%)$632--
2015-16815 (100%)$4,686------
2016-17877 (100%)$5,563------
2017-181,016 (100%)$5,157------
2018-191,004 (96%)$5,818------
2019-201,100 (100%)$5,948------
2020-211,533 (100%)$6,058------
2021-221,866 (98%)$6,213------
Average1,087 (99.22%)$5,571256 (34.00%)$1374 (1.00%)$2,809--
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 512 (40.89 % of students) get any students loan help and its average loan amount is $512.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14306 (41%)$1,382306 (41%)$1,382--
2014-15121 (15%)$1,529121 (15%)$1,529--
2015-1686 (11%)$1,57186 (11%)$1,571--
2016-17101 (12%)$1,681101 (12%)$1,681--
2017-18314 (31%)$5,693314 (31%)$5,693--
2018-19504 (48%)$6,998504 (48%)$6,998--
2019-20781 (71%)$7,839781 (71%)$7,839--
2020-211,069 (70%)$7,8521,069 (70%)$7,852--
2021-221,323 (69%)$8,1481,323 (69%)$8,148--
Average512 (40.89%)$4,744512 (40.89%)$4,744--