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National Application Center :: campus tours :: Florida Institute of Technology costs & financial aid

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Florida Institute of Technology

Florida Institute of Technology
150 West University Boulevard
Melbourne, FL 32901-6975


Fax number: (321) 723-9468
Website: https://www.fit.edu/
Screen last updated on: February 2024

The financial aid information below is valid for the 2023 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://
fit.aidcalc.cloud/
#window_top

EXPENSES
Undergraduate tuition: $43,420; $43,420 out-of-state
Book fees: $1,200
Miscellaneous expenses: $1,500
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $12,340

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AnoN/A
State Aid FormN/AnoN/A

Applied for financial aid:
90% of first-year students
71% of full-time undergraduates
Determined to have financial need:
76% of first-year students
81% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
66% of first-year students
74% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
21% of first-year students
18% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
23% of first-year students
21% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
90% for first-year students
88% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$37,117 for first-year students
$37,766 for full-time undergraduates
Average need-based gift award:
$26,132 for first-year students
$25,565 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,389 for first-year students
$4,143 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,388 for first-year students
$4,432 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
31% of first-year students
33% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$17,086 for first-year students
$15,728 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • athletic scholarships

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.