![Two New York Tech students sitting outdoors in Adirondack chairs have a discussion about financial aid.](https://www.nyit.edu/wp-content/uploads/financial-aid-hero.jpg)
Financial Aid
Opportunity Within Reach
No matter where you come from, your future starts here.
At New York Institute of Technology, we make a transformative education accessible to individuals from every background by offering generous scholarships and financial aid packages. This combination pays dividends for a lifetime. According to the Georgetown University Center on Education and the Workforce, New York Tech ranks in the top 10 percent of U.S. colleges for return on investment over 20, 30, and 40 years.
If you have questions about the types of assistance available or completing your Free Application for Federal Student Aid (FAFSA®), our counselors are here to guide you through the process and help you explore your options.
![Student sitting at long tables in a lecture hall at New York Tech smile or laugh during a discussion related to financial aid.](https://www.nyit.edu/wp-content/uploads/financial-aid-students-lecture-2.jpg)
Making Your Education Accessible
99%
of first-time, full-time degree-seeking undergraduate students receive financial aid from New York Tech.
$32,000+
average financial aid package for undergraduate degree-seeking students at our New York campuses.
Among
the lowest net tuition rates among private colleges in New York State (National Center for Education Statistics).
Applying for Financial Aid
Our dedicated counselors will guide you through the aid process, no matter if you’re a local student or arriving from overseas. Check out these resources to help you understand financial aid and make the smart financial decisions to secure your future.
Types of Aid
Your financial aid package will likely include multiple forms of assistance. Learn more about each type and their eligibility requirements.
Scholarships & Grants
Scholarships and grants are awarded by the university, the government, or other organizations. They are based on your financial need, academic achievements, or other criteria and don’t need to be repaid.
Loans
A loan is money you borrow and must repay with interest. Learn about the available types, eligibility guidelines, and important considerations.
Work Study
Take advantage of flexible and convenient part-time work to contribute toward your expenses. Work Study positions are federally funded, based on financial need, and help our students build job experience.
Veterans Benefits
A loan is money you borrow and must repay with interest. Learn about the available types, eligibility guidelines, and important considerations.
RaiseMe Scholarships
RaiseMe connects your achievements to school-specific micro-scholarships. All you have to do is follow New York Tech, create a profile listing your grades and activities, and preview what your financial aid package could look like once you’re accepted.
![A parent hugs their New York Tech graduate wearing a graduation cap and gown during commencement.](https://www.nyit.edu/wp-content/uploads/financial-aid-raiseme-scholarships.jpg)
Costs & Return on Investment
We understand college is a big investment. These calculators and resources give you a rough idea of what your net costs might be and the kind of return on investment (ROI) you can expect from a New York Tech education.
![A technology sphere at New York Tech.](https://www.nyit.edu/wp-content/uploads/general-cta.jpg)
Contact Us
Have questions? We’d love to help. Our counselors are here to give you the information you need and connect you to the resources that empower you to reach your educational goals.
Contact finaid@nyit.edu.