Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $5,075 and the average loan amount is $8,664. The average financial aid amount is 41.46% of tuition & fees (tuition & fees: $12,240).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid640 68%$3,248,289$5,075
Pell Grants439 47%$2,158,644$4,917
Federal Students Loans536 57%$4,643,792$8,664

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 33 students have received one or more types of financial aid at Florida Institute of Technology-Online.
The average amount of federal, state, local or institutional grant aid is $5,162 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,327.
The following table shows the financial data by type of aid at Florida Institute of Technology-Online.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid3392%--
Grant or scholarship aid33 92%$170,357$5,162
Federal Grants32 89%$148,662$4,646
Pell Grants27 75%$119,912$4,441
Other Federal Grants28 78%$28,750$1,027
State/Local Grants5 14%$17,906$3,581
Institutional Grants4 11%$3,789$947
Student Loans23 64%$145,529$6,327
Federal Student Loans23 64%$145,529$6,327
Other Student Loans0 0%$0$0