Institute of Technology Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

Institute of Technology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$6.109M

Financial Aid Official Website

www.iot.edu/financial-aid/

Such schemes include Academic Scholarship, Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, and Graduate Scholar Award. Notably, 84% of the students at Institute of Technology get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,615,491. More information regarding the financial assistance schemes can be accessed on IT’s official financial aid page at https://wit.edu/admissions-aid/tuition-financial-aid. At IT, the total percentage of applicants who receive the Federal Grant stands at 69%. Meanwhile, 71% of the applicants receive the Student Grant and 2% are awarded the Institution Grant, while 69% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,406, while the same comes to $4,898 for State Grant receivers and $2,663 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,056. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Those with a family income below $30,000 per annum, would get an average federal aid of $19,831 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $18,747 and $15,243, respectively. Those with an annual income level of $75,001-$110,000 would receive $13,231, while candidates with more than $110,000 of family income receive an average federal aid of $11,748. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 70% of the applicants to Institute of Technology opt for student loans.

Other Colleges In California

National University

National University, which is located in La Jolla, CA is a private university. In 1971, National University was founded by David Chigos. Keeping the pursuit of research, innovation, and excellence at the center, National University has been imparting quality education to its students. The motto of t

La Jolla, California 4 years Private Not-For-Profit

University of the Pacific

Located in Stockton, CA, University of the Pacific is a private university. The university covers an area of 175 acres. In 1851, University of the Pacific was founded. Notably, the official colors of the university are orange and black. Out of total 6,447 (2019) students enrolled at UP, 3,640 be

Stockton, California 4 years Private Not-For-Profit

Laguna College of Art and Design (LCAD)

A private university by the name of Laguna College of Art and Design is located in Laguna Beach, CA. It was in 1961 when the Laguna College of Art and Design was founded. The motto of the Laguna College of Art and Design is Empowering Creative Leaders. The university believes in offering quality

Laguna Beach, California 4 years Private Not-For-Profit

Other Private for-profit Colleges

Academy of Art University

For reducing the heavy financial burden, students are provided financial assistance through many forms.
The student-faculty ratio is 14:1.
The graduation rate of the university is 40%.

Online Educatio

San Francisco, California 4 years Private For-Profit

American Intercontinental University (AIU)

The student-faculty ratio of the university is 18:1.
The retention rate for full-time courses is 38% and for part-time, it is 21%.

The university provides 24/7 access to the classes via the

Chandler, Illinois 4 years Private For-Profit

Ashford University

Ashford University is a private university located in All programs offered completely via Distance education. Around 87% of the students are 25 and over at Ashford University. At AU around 43% are white, 31% are Black or African American, and 16% belong to Hispanic ethnicity. And, when it comes to g

San Diego, California 4 years Private For-Profit