by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
What amount of Florida Institute of Technology - Online financial assistance will actually be available to you?Get answers to your questions here.
$4,167.00 is the typical Florida Institute of Technology - Online’s first year financial aid package. Approximately 58% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Florida Institute of Technology - Online.
In addition to scholarships, 53% of first years (10 total) were awarded federal grant aid, averaging $4,211.00 each.
These grants and scholarships are made up of mainly federal grants, plus some state and local awards.
53% of first-year students at Florida Institute of Technology - Online (10 total) obtained a federal grant, averaging $4,211.00.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 42.11% | $4,599.00 |
| Income 30k-48k | 10.53% | $1,937.00 |
| Income 48k-75k | 5.26% | $5,168.00 |
| Income 75k-110k | 0.00% | $0.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
11 Florida Institute of Technology - Online undergrads obtain grant aid (this is about 58% of the entire undergraduate student population). The average amount these students receive is $4,167.00.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.