Financial Aid at Florida Institute of Technology-Online
Financial Aid Amount Received
$6,307 (49.35% of tuition)
Percent of Financial Aid Received
69% of 475 students
554 undergraduate students (71% of all students) have received grants, scholarships, and/or federal student loans at Florida Institute of Technology-Online. The percentage of students who received financial aid higher compared to Private (not-for-profit), 4-Years Colleges in Florida.
Compared to similar schools in rankings such as Lynn University and Embry-Riddle Aeronautical University-Daytona Beach, the percentage of students who received financial aid is higher (the average of the schools is 78.33%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $5,235 and the average loan amount is $8,347. The average financial aid amount is 49.35% of tuition & fees (tuition & fees: $12,780).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 554 | 71% | $2,900,112 | $5,235 |
| Pell Grants | 378 | 49% | $1,845,695 | $4,883 |
| Federal Students Loans | 476 | 61% | $3,973,292 | $8,347 |
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), 26 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 $3,508 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,235.
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 Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 29 | 81% | - | - |
| Grant or scholarship aid | 26 | 72% | $91,197 | $3,508 |
| Federal Grants | 22 | 61% | $84,431 | $3,838 |
| Pell Grants | 22 | 61% | $84,431 | $3,838 |
| Other Federal Grants | 0 | 0% | $0 | - |
| State/Local Grants | 3 | 8% | $4,000 | $1,333 |
| Institutional Grants | 3 | 8% | $2,766 | $922 |
| Student Loans | 22 | 61% | $115,177 | $5,235 |
| Federal Student Loans | 22 | 61% | $98,502 | $4,477 |
| Other Student Loans | 1 | 3% | $16,675 | $16,675 |