Cost of college went up for all students at Florida Institute of Technology

Tuition and fees rose 2 percent for 2017-18 at Florida Institute of Technology, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 2 percent for 2017-18 at Florida Institute of Technology, according to the latest disclosure from the U.S. Department of Education.

Florida students paid $41,240 to attend the four-year private not-for-profit institution this year $794 more than the $40,446 charged for 2016-17.

Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 626 students received grants or scholarships totaling $15.35 million and 348 students took out student loans totaling more than $2.7 million.

Including all undergraduates, 2,879 students used grants or scholarships totaling $64.19 million. Another 1,311 took out $9.41 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~2,258
$37,990
$39,290
$40,446
$41,240
8.6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Florida Institute of Technology in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
143
22%
$800,284
$5,596
State / local grant or scholarship
219
34%
$1,107,137
$5,055
Institutional grants or scholarships
626
97%
$13,442,666
$21,474
Grant or scholarship aid total
626
97%
$15,350,087
$24,521
Federal student loans
299
46%
$1,703,323
$5,697
Other student loans
49
8%
$995,924
$20,325
Student loan aid
348
54%
$2,699,247
$7,756
Total student aid
626
97%

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