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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 since 2011.
For that period, the average number of students who received grants aid/scholarships is 2,750, which is 80.45 % of all undergraduate students. 1,322 students which is 39.00% of undergraduate students received federal student loans and the average loan amount is $7,231.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-122,213 (81%)$18,744688 (25%)$4,1981,258 (46%)$7,288
2012-132,433 (82%)$19,722719 (24%)$4,1621,367 (46%)$7,665
2013-142,654 (81%)$20,533751 (23%)$4,3261,346 (41%)$8,151
2014-152,827 (78%)$21,460788 (22%)$4,4111,336 (37%)$7,915
2015-162,854 (80%)$21,822741 (21%)$4,3771,311 (37%)$7,179
2016-172,995 (83%)$22,263741 (20%)$4,4191,345 (37%)$7,237
2017-182,926 (80%)$23,316787 (22%)$4,6231,290 (35%)$7,411
2018-192,936 (80%)$24,210776 (21%)$4,7601,311 (36%)$6,673
2019-202,835 (80%)$24,254761 (21%)$4,8341,277 (36%)$6,702
2020-212,777 (80%)$25,808729 (21%)$4,9741,307 (38%)$6,749
2021-222,803 (80%)$24,751709 (20%)$4,9091,393 (40%)$6,575
Average2,750 (80.45%)$22,444745 (21.82%)$4,5451,322 (39.00%)$7,231

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 685 (94.55 % of students) received grants or scholarships and its average amount is $23,718. It can cover 53.47% of tuition & fees ($44,360).
In addition, 392 (54.36 % of students) students get helped from the students loans (average amount : $8,364).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12594 (89%)$18,663372 (56%)$6,581
2012-13715 (95%)$20,298431 (57%)$7,384
2013-14726 (93%)$21,305359 (46%)$8,183
2014-15737 (96%)$22,059348 (45%)$7,931
2015-16626 (97%)$24,450348 (54%)$7,756
2016-17728 (96%)$23,760424 (56%)$8,214
2017-18679 (95%)$24,590377 (53%)$8,610
2018-19725 (93%)$26,006442 (57%)$8,667
2019-20641 (96%)$26,738409 (62%)$9,323
2020-21628 (92%)$25,807405 (59%)$9,007
2021-22735 (98%)$27,218400 (53%)$10,351
Average685 (94.55%)$23,718392 (54.36%)$8,364
*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, 167 (23.18 % of students) received Pell (federal) grants and its average amount is $4,560.
In addition, 257 students received State/local government grants/scholarships (35.36 % 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
2011-12160 (24%)$4,209146 (22%)$1,384207 (31%)$4,309594 (89%)$15,687
2012-13156 (21%)$4,268150 (20%)$2,379256 (34%)$4,006715 (95%)$17,433
2013-14189 (24%)$4,419168 (22%)$1,685275 (35%)$4,563725 (93%)$18,062
2014-15167 (22%)$4,289153 (20%)$2,377236 (31%)$4,625736 (96%)$19,138
2015-16141 (22%)$4,452135 (21%)$987219 (34%)$5,055626 (97%)$21,466
2016-17160 (21%)$4,263154 (20%)$987249 (33%)$4,936728 (96%)$20,926
2017-18180 (25%)$4,497169 (24%)$1,045239 (33%)$6,916674 (94%)$20,857
2018-19192 (25%)$4,726190 (24%)$1,012296 (38%)$8,710723 (93%)$20,991
2019-20174 (26%)$4,843536 (81%)$1,025260 (39%)$8,316641 (96%)$21,193
2020-21150 (22%)$5,250383 (56%)$1,320241 (35%)$7,848628 (92%)$20,736
2021-22172 (23%)$4,946468 (62%)$3,622349 (46%)$6,992733 (97%)$20,490
Average167 (23.18%)$4,560241 (33.82%)$1,620257 (35.36%)$6,025684 (94.36%)$19,725
*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, 392 (54.36 % of students) get any students loan help and its average loan amount is $392.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12372 (56%)$6,581331 (50%)$5,63341 (6%)$14,238
2012-13431 (57%)$7,384384 (51%)$5,92047 (6%)$19,351
2013-14359 (46%)$8,183314 (40%)$6,78945 (6%)$17,912
2014-15348 (45%)$7,931313 (41%)$6,65235 (5%)$19,368
2015-16348 (54%)$7,756299 (46%)$5,69749 (8%)$20,325
2016-17424 (56%)$8,214358 (47%)$5,55966 (9%)$22,614
2017-18377 (53%)$8,610312 (43%)$5,65165 (9%)$22,815
2018-19442 (57%)$8,667357 (46%)$5,29285 (11%)$22,844
2019-20409 (62%)$9,323319 (48%)$5,51790 (14%)$22,813
2020-21405 (59%)$9,007328 (48%)$5,48177 (11%)$24,026
2021-22400 (53%)$10,351383 (51%)$5,41092 (12%)$22,480
Average392 (54.36%)$8,364336 (46.45%)$5,78263 (8.82%)$20,799

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