Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $15,388 and the average loan amount is $8,046. The average financial aid amount is 43.19% of tuition & fees (tuition & fees: $35,625).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,441 83%$22,173,711$15,388
Pell Grants819 47%$4,471,479$5,460
Federal Students Loans1,323 76%$10,644,393$8,046

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), 324 students have received one or more types of financial aid at New England Institute of Technology.
The average amount of federal, state, local or institutional grant aid is $13,552 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,159.
The following table shows the financial data by type of aid at New England Institute of Technology.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid34390%--
Grant or scholarship aid324 85%$4,390,812$13,552
Federal Grants324 85%$1,883,196$5,812
Pell Grants201 53%$990,168$4,926
Other Federal Grants324 85%$893,028$2,756
State/Local Grants118 31%$92,947$788
Institutional Grants281 74%$2,414,669$8,593
Student Loans303 80%$2,775,289$9,159
Federal Student Loans297 78%$1,616,301$5,442
Other Student Loans64 17%$1,158,988$18,109