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

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New York Institute of Technology

New York Institute of Technology
PO Box 8000
Old Westbury, NY 11568-8000

Official telephone: (516) 686-7516
Fax number: (516) 686-7613
Website: https://www.nyit.edu/
Screen last updated on: February 2024

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

EXPENSES
Undergraduate tuition: $41,960; $41,960 out-of-state
Book fees: $1,500
Miscellaneous expenses: $2,812
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $21,836

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 15noN/A

Applied for financial aid:
92% of first-year students
81% of full-time undergraduates
Determined to have financial need:
88% of first-year students
89% 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:
62% of first-year students
70% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
96% of first-year students
91% of full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$31,242 for first-year students
$29,446 for full-time undergraduates
Average need-based gift award:
$10,903 for first-year students
$9,859 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,033 for first-year students
$5,062 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,260 for first-year students
$4,131 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
17% of first-year students
17% 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):
$20,794 for first-year students
$17,577 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
  • FFEL Subsidized Stafford Loans
  • Federal Nursing 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.