How Much Financial Aid is Available?
New England Institute of Technology's normal financial aid offer for incoming freshmen is $15,537. Around 86.0% of first year students obtain some kind of financial aid, most of which is in the form of loans.
Financial aid helps reduce the cost, or the "sticker" price of the school. However, know that the only true college discount are scholarships & grants.
Concerned about the loans that may be part of your financing offer? View the average amount of debt per student at New England Institute of Technology.
How Much Is Offered in Scholarships & Grants?
The numbers and the chart below refer to primarily grants from federal sources, as well as some local and state grants. 51.0% of freshman students at New England Institute of Technology (212 total) got a federal grant, averaging $4,266. In addition to grants, 51.0% of freshman students (214 total) were awarded scholarships by the school, totaling $2,050 per person.
See the average quantity of grants and scholarships first years receive by studying the chart below.
Grants are normally based on need while scholarships are based on merit or ability.
Amount of Financial Aid Per Family Income
The next chart shows grant and scholarship distributions by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||17.3%||$562|
Education funding by the government through loans, grants, and work-study is known as Title IV aid. Get more info on Title IV here..
$5,668 is the Standard Total an Undergraduate Will Get in Grants or Scholarships
62.0% of the 2,816 undergraduate students at New England Institute of Technology obtain some type of grant aid. A total of approximately 1,733 students getting about $5,668 each. The most of which are in the form of Pell Grants.
Financial Aid Links from New England Institute of Technology
|Financial Aid Department Website||www.neit.edu/Financial-Aid/Overview|
|Net Price Calculator||www.neit.edu/Financial-Aid/Net-Price-Calculator|