Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $27,082 and the average loan amount is $6,235. The average financial aid amount is 61.05% of tuition & fees (tuition & fees: $44,360).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid3,106 90%$84,115,614$27,082
Pell Grants1,509 44%$8,565,331$5,676
Federal Students Loans1,575 46%$9,819,685$6,235

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), 832 students have received one or more types of financial aid at New York Institute of Technology.
The average amount of federal, state, local or institutional grant aid is $30,945 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,743.
The following table shows the financial data by type of aid at New York 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 Aid832100%--
Grant or scholarship aid832 100%$25,746,446$30,945
Federal Grants423 51%$2,682,366$6,341
Pell Grants423 51%$2,362,966$5,586
Other Federal Grants294 35%$319,400$1,086
State/Local Grants404 48%$1,442,276$3,570
Institutional Grants832 100%$21,621,804$25,988
Student Loans370 44%$2,124,876$5,743
Federal Student Loans366 44%$1,780,106$4,864
Other Student Loans23 3%$344,770$14,990