Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $14,516 and the average loan amount is $8,121. The average financial aid amount is 40.75% of tuition & fees (tuition & fees: $35,625).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,335 78%$19,378,883$14,516
Pell Grants765 44%$4,531,280$5,923
Federal Students Loans1,288 75%$10,460,066$8,121

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), 384 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 $11,646 and the average amount of student loans awarded to full-time first-time undergraduate students is $10,894.
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 Aid41394%--
Grant or scholarship aid384 87%$4,471,926$11,646
Federal Grants200 46%$1,104,810$5,524
Pell Grants200 46%$1,062,660$5,313
Other Federal Grants193 44%$42,150$218
State/Local Grants139 32%$112,350$808
Institutional Grants376 86%$3,254,766$8,656
Student Loans347 79%$3,780,214$10,894
Federal Student Loans343 78%$1,950,875$5,688
Other Student Loans83 19%$1,829,339$22,040