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New York Institute of Technology

Average Grant & Scholarships

In 2022, 98 of freshman students at New York Institute of Technology received on average $28,670 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$28,670
Students Receiving Aid Average Amount Total Amount
Pell Grant 323 47% $5,378 $1,737,185
Other Federal Grant 609 89% $3,805 $2,317,189
State Grant/Scholarships 226 33% $3,760 $849,666
Institutional Grant/Scholarships 672 98% $24,000 $16,128,036
Total Grant & Scholarships 673 98% $28,670 $19,294,891

Average Student Loans

In 2022, 54% of freshman students at New York Institute of Technology received $5,028 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$5,028
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 373 54% $5,028 $1,875,321
Private Loans 31 5% $14,614 $453,047
Total Loans 378 55% $6,160 $2,328,368

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$30,325
Average aid amount
2022