Student Loans for New York Institute of Technology Students
About New York Institute of Technology
Since 1955, the New York Institute of Technology has been considered a great place to study. With off-shore campuses spread around North America as well as branches in the Middle East and China, NYIT is successfully educating almost 14,000 students each year. NYIT is diligently committed to living up to its lasting vision and mission of providing and maintaining the topmost standards of education within its corridors. NYIT students not only benefit from the various opportunities that an NYIT education provides, but are also groomed in a manner which prepares them very well for professional life. Notably, the NYIT group of schools and colleges offers education in almost every relevant field of science and technology.
About New York Institute of Technology Financial Aid
Each year, NYIT spends about $35 million in student scholarships/grants as almost 89% of students at NYIT receive financial aid. The New York Institute of Technology Financial Aid program has a streamlined system of distributing its financial resources, as the money is divided equally between the fall and spring semesters and does not cover the summer sessions.
NYIT offers a number of federal and state financial aid options to its students, such as the New York State Tuition Assistance Program (TAP), the Federal Pell Grant, the Federal Supplemental Educational Opportunity Grant, the Federal Academic Competitiveness Grant (ACG) and the National Science and Math Access to Retain Talent Grant (SMART).
Of course, access to financial aid is depends upon the timely submission of each student’s FAFSA applications along with the required financial documents. The FAFSA form can be accessed easily at www.fafsa.ed.gov.
Private Student Loans and New York Institute of Technology
If you need more financing, then you may want to consider obtaining private student loans. However, these loans are more costly than the resources mentioned above. Our Student Loan Comparison Tool allows you to compare the costs and terms of various private student loans so that you make the right decision.
What are the eligibility requirements for scholarship awards available at NYIT?
The NYIT financial aid office requires students to fulfill the eligibility requirements in order to qualify for scholarship awards. Students must first fill out the FAFSA application form. This form must be filled out accurately and submitted at fafsa.ed.gov before the deadline date. As these awards can be renewed every year, students are required to make sure they adhere to specific scholarship and SAP (Satisfactory Academic Progress) guidelines.
What scholarship awards are available at the New York Institute of Technology?
The New York Institute of Technology offers a number of scholarship awards to students. Available awards include the President’s Scholarship, the Theodore K. Memorial Scholarship, the Transfer Scholarships, the PTK Transfer Scholarships, the Brett Kaufman Memorial Alumni Scholarship, the NYIT Academic Scholarship, and the Martin Luther King Award.
Pay for New York Institute of Technology*
|Total Avg. Cost||Not avail.|
|Room & Board||Not avail.|
|Financial Aid Information|
|Students Receiving Fin Aid||52%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$0|
|%Receiving Other Loans||0%|
Get into New York Institute of Technology
|Admission Rate||Not avail.|
Contact New York Institute of Technology
*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics
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