How Florida Institute of Technology-Online's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Florida Institute of Technology-Online since 2011.

For that period, the average number of students who received grants aid/scholarships is 1,323, which is 73.09 % of all undergraduate students. 1,278 students which is 69.18% of undergraduate students received federal student loans and the average loan amount is $8,786.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	2,076 (78%)	$3,902	1,622 (61%)	$4,026	2,131 (80%)	$8,692
2012-13	1,841 (80%)	$3,590	1,399 (61%)	$3,667	1,852 (80%)	$8,669
2013-14	1,845 (80%)	$3,588	1,423 (62%)	$3,630	1,822 (79%)	$8,485
2014-15	1,562 (76%)	$3,758	1,185 (57%)	$3,720	1,543 (75%)	$8,593
2015-16	1,575 (75%)	$3,887	1,190 (57%)	$3,792	1,502 (71%)	$8,581
2016-17	1,313 (71%)	$4,186	967 (52%)	$4,220	1,287 (69%)	$8,740
2017-18	1,142 (70%)	$5,058	861 (53%)	$5,219	1,064 (65%)	$9,011
2018-19	1,002 (68%)	$5,353	792 (54%)	$5,286	956 (65%)	$8,932
2019-20	778 (67%)	$4,482	603 (52%)	$4,617	726 (62%)	$9,226
2020-21	783 (71%)	$6,065	512 (47%)	$5,454	636 (58%)	$9,051
2021-22	640 (68%)	$5,075	439 (47%)	$4,917	536 (57%)	$8,664
Average	1,323 (73.09%)	$4,449	999 (54.82%)	$4,413	1,278 (69.18%)	$8,786

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

For the last 12 years, on average, 21 (69.67 % of students) received grants or scholarships and its average amount is $4,357. It can cover 35.60% of tuition & fees ($12,240).

In addition, 16 (53.67 % of students) students get helped from the students loans (average amount : $6,571).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	-	-	-	-
2012-13	-	-	-	-
2013-14	-	-	-	-
2014-15	-	-	-	-
2015-16	-	-	-	-
2016-17	-	-	-	-
2017-18	-	-	-	-
2018-19	-	-	-	-
2019-20	11 (58%)	$4,167	9 (47%)	$6,482
2020-21	19 (59%)	$3,742	16 (50%)	$6,904
2021-22	33 (92%)	$5,162	23 (64%)	$6,327
Average	21 (69.67%)	$4,357	16 (53.67%)	$6,571

^*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 12 years, on average, 17 (58.33 % of students) received Pell (federal) grants and its average amount is $4,085.

In addition, 3 students received State/local government grants/scholarships (10.67 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	-	-	-	-	-	-	-	-
2012-13	-	-	-	-	-	-	-	-
2013-14	-	-	-	-	-	-	-	-
2014-15	-	-	-	-	-	-	-	-
2015-16	-	-	-	-	-	-	-	-
2016-17	-	-	-	-	-	-	-	-
2017-18	-	-	-	-	-	-	-	-
2018-19	-	-	-	-	-	-	-	-
2019-20	10 (53%)	$4,211	-	-	1 (5%)	$2,841	2 (11%)	$440
2020-21	15 (47%)	$3,602	7 (22%)	$710	4 (13%)	$2,486	1 (3%)	$2,161
2021-22	27 (75%)	$4,441	28 (78%)	$1,027	5 (14%)	$3,581	4 (11%)	$947
Average	17 (58.33%)	$4,085	18 (50.00%)	$869	3 (10.67%)	$2,969	2 (8.33%)	$1,183

^*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 12 years, on average, 16 (53.67 % of students) get any students loan help and its average loan amount is $16.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	-	-	-	-	-	-
2012-13	-	-	-	-	-	-
2013-14	-	-	-	-	-	-
2014-15	-	-	-	-	-	-
2015-16	-	-	-	-	-	-
2016-17	-	-	-	-	-	-
2017-18	-	-	-	-	-	-
2018-19	-	-	-	-	-	-
2019-20	9 (47%)	$6,482	9 (47%)	$6,482	-	-
2020-21	16 (50%)	$6,904	16 (50%)	$6,904	-	-
2021-22	23 (64%)	$6,327	23 (64%)	$6,327	-	-
Average	16 (53.67%)	$6,571	16 (53.67%)	$6,571	-	-

Scholarships, Grants, and Loan Trends at Florida Institute of Technology-Online

All Undergraduate Students Financial Aid Over Time

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

Compare Florida Institute of Technology-Online in a Variety of Ways