[Last update: December 11, 2025]

1,447 students (64% of total 2,264 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Institute of Technology (FIT). The average amount of the aid awarded is $7,019.

For the first-time, full-time beginning students (freshmen), 87% of total 976 enrolled students have received any kind of financial aid and its average amount of aid received is $6,800.

All Undergraduate Financial Aid

At Institute of Technology, 1,447 undergraduate students (64% of total 2,264 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $7,019.

Financial Aid Statistics (All Undergraduate Students) - FIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,44764% $10,156,246$7,019
Pell Grants1,34960% $8,047,435$5,965
Federal Student Loan1,51967% $11,730,851$7,723

Beginning Undergraduate Students (Freshmen) Financial Aid

846 beginning undergraduate students (87% of total 976 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Institute of Technology. The average amount of aid received is $6,800.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - FIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid84687% --
Grants or Scholarships61263%$4,161,750$6,800
Federal Grants58059%$3,537,693$6,099
Pell Grants57959%$3,421,693$5,910
Other Federal Grants37138%$116,000$313
State/Local Grants919%$620,944$6,824
Institutional Grants2-$3,113$1,557
Student Loan Aid74276%$5,843,556$7,875
Federal Student Loans63765%$5,233,414$8,216
Other Student Loans43745%$610,142$1,396

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