Fashion Institute of Technology

www.fitnyc.edu

Add Comparison

2019 Undergraduate Tuition

$7,070

2.91% growth from 2018

2019 Average Net Price

$8,623

After Financial Aid

2017 Student Loan

3.88%

Default Rate

2019 Acceptance Rate

53.9%

4,444 Applicants

2019 Enrolled Students

8,726

86% Full-Time

2018 Graduation Rate

77.9%

942 Graduates

About

Fashion Institute of Technology is a higher education institution located in New York County, NY. In 2016, the most popular Bachelor's Degree concentrations at Fashion Institute of Technology were Fashion Merchandising (437 degrees awarded), Advertising (279 degrees), and Fashion & Apparel Design (270 degrees).

In 2019, 3,712 degrees were awarded across all undergraduate and graduate programs at Fashion Institute of Technology. 85.9% of these degrees were awarded to women, and 14.1% awarded men. The most common race/ethnicity group of degree recipients was white (1,678 degrees), 2.55 times more than then the next closest race/ethnicity group, hispanic or latino (657 degrees).

The median undergraduate tuition at Fashion Institute of Technology is $7,070, which is $−14,956 less than the national average for Masters Colleges and Universities ($22,027).

Photo by Eden, Janine and Jim

Masters Colleges & Universities: Small Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Fashion Institute of Technology is $7,070, which is $−14,956 less than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $8,623.

In 2019, 47% of undergraduate students received federal grants, while 34% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,070

2019 Undergraduate Tuition

In 2019, the cost of tuition at Fashion Institute of Technology was $7,070. The cost of tuition at Fashion Institute of Technology is $−14,956 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

This chart compares the tuition costs of Fashion Institute of Technology (in red) with those of other similar universities.

Average Net Price

$8,623

2019 Value

10%

1 Year Growth

In 2019 Fashion Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $8,623. Between 2018 and 2019, the average net price of Fashion Institute of Technology grew by 10%.

This chart compares the average net price of Fashion Institute of Technology (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$17,224

Room and Board

$1,850

Books and Supplies

The average yearly cost of room and board at Fashion Institute of Technology was of $17,224 in 2019. During the same period, the average yearly cost of books and supplies was $1,850. The cost of room and board increased by 2.82% between 2018 and 2019. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Fashion Institute of Technology (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

47%

Of Undergraduates Receive Grants

34%

Of Undergraduates Receive Federal Loans

47% of undergraduate students at Fashion Institute of Technology received grants or loans in 2019. This represents a growth of 2.17% with respect to 2018, when 46% of undergraduate students received financial aid.

This chart compares the average award discount at Fashion Institute of Technology (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

3.88%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Fashion Institute of Technology was 3.88%, which represents 56 out of the 1444 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Fashion Institute of Technology received 4,444 undergraduate applications in 2019, which represents a 1.4% annual decline. Out of those 4,444 applicants, 2,395 students were accepted for enrollment, representing a 53.9% acceptance rate.

There were 8,726 students enrolled at Fashion Institute of Technology in 2019, and N/A% of first-time enrollees submitted SAT scores with their applications.

Fashion Institute of Technology has an overall enrollment yield of 58.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

53.9%

Acceptance Rate in 2019

2,395

Accepted Out of 4,444

In 2019, the undergraduate acceptance rate of Fashion Institute of Technology was 53.9% (2,395 admissions from 4,444 applications). This is higher than the acceptance rate of 2018, which was 52.7%. Between 2018 and 2019, the number of applicants declined by −1.4%, while admissions grew by 0.885%.

This chart compares the acceptance rate of Fashion Institute of Technology (in red) with that of other similar universities.

SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Fashion Institute of Technology in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Fashion Institute of Technology has a total enrollment of 8,726 students. The full-time enrollment at Fashion Institute of Technology is 7,505 students and the part-time enrollment is 1,221. This means that 86% of students enrolled at Fashion Institute of Technology are enrolled full-time.

The enrolled student population at Fashion Institute of Technology, both undergraduate and graduate, is 41.4% White, 20.6% Hispanic or Latino, 11.6% Asian, 9.01% Black or African American, 4.06% Two or More Races, 0.138% American Indian or Alaska Native, and 0.0917% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Fashion Institute of Technology in full-time Undergraduate programs are most commonly White Female (35.6%), followed by Hispanic or Latino Female (16.8%) and Asian Female (9.2%). Students enrolled in full-time Graduate programs are most commonly White Female (27.9%), followed by Asian Female (6.06%) and White Male (4.85%).

Full-Time vs Part-Time Enrollment

86%

Full-Time Enrollment

The total enrollment at Fashion Institute of Technology, both undergraduate and graduate, is 8,726 students. The full-time enrollment at Fashion Institute of Technology is 7,505 and the part-time enrollment is 1,221. This means that 86% of students enrolled at Fashion Institute of Technology are enrolled full-time compared with 69.2% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Fashion Institute of Technology (in red) compares to similar universities.

Retention Rate over Time

89%

2019 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Fashion Institute of Technology was 89%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), Fashion Institute of Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at Fashion Institute of Technology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
3,616
Hispanic or Latino
1,801
Asian
1,008

The enrolled student population at Fashion Institute of Technology is 41.4% White, 20.6% Hispanic or Latino, 11.6% Asian, 9.01% Black or African American, 4.06% Two or More Races, 0.138% American Indian or Alaska Native, and 0.0917% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 53.3% White, 16% Hispanic or Latino, and 12.9% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 82 students (0.94%) did not report their race.

Graduates

In 2019, 2668 more women than men received degrees from Fashion Institute of Technology. The most common race/ethnicity group of degree recipients at Fashion Institute of Technology is white (1,678 degrees awarded). There were 2.55 times more white graduates than the next closest race/ethnicity group, hispanic or latino (657 degrees).

The most common Bachelor's Degree concentration at Fashion Institute of Technology is Fashion Merchandising (437 degrees awarded), followed by Advertising (279 degrees) and Fashion & Apparel Design (270 degrees).

The most specialized majors across all degree types at Fashion Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Visual & Performing Arts (1,547 degrees awarded), Communications (596 degrees), and Human Sciences (162 degrees).

Workforce

Common Jobs by Major

Accountants & auditors

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Fashion Institute of Technology are Accountants & auditors (1,005,914 people), Other managers (837,339 people), Financial managers (514,653 people), Chief executives & legislators (422,157 people), and Firstline supervisors of retail sales workers (323,779 people).

The most specialized majors at Fashion Institute of Technology are Visual & Performing Arts (1,547 degrees awarded), Communications (596 degrees), Human Sciences (162 degrees), Business (1,377 degrees), and Communication Technologies (20 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Fashion Institute of Technology are Surgeons, Chief executives & legislators, Physicians, Dentists, and Aircraft pilots & flight engineers

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Fashion Institute of Technology are Elementary & secondary schools (817,432 people), Computer Systems Design (590,496 people), Colleges, universities & professional schools, including junior colleges (551,673 people), Banking & related activities (523,247 people), and Insurance carriers (454,409 people).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Fashion Institute of Technology.

Most Common

Fashion Merchandising
437 degree-majorss awarded
Advertising
279 degree-majorss awarded
Fashion & Apparel Design
270 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Fashion Institute of Technology was Fashion Merchandising with 437 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Fashion Institute of Technology according to their major.

Gender Breakdown for Common Majors

522

Degrees Awarded to Men

in 2019

3,190

Degrees Awarded to Women

in 2019

In 2019, 522 degrees were awarded to men at Fashion Institute of Technology, which is 0.164 times less than the number of degrees awarded to females (3,190).

This chart displays the gender disparity between the top 5 majors at Fashion Institute of Technology by degrees awarded.

Most Common Male Majors

In 2019, 124 degrees were awarded to men at Fashion Institute of Technology in Fashion Merchandising, which is 0.127 times less than the 977 female recipients with that same degree.

Most Common Female Majors

In 2019, 977 degrees were awarded to women at Fashion Institute of Technology in Fashion Merchandising, which is 7.88 times more than the 124 male recipients with that same degree.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Fashion Institute of Technology is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.212% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
1,678 degrees awarded
Hispanic or Latino
657 degrees awarded
Asian
416 degrees awarded

The most common race/ethnicity at Fashion Institute of Technology is white (1,678 degrees awarded). There were 2.55 times more white recipients than the next closest race/ethnicity group, hispanic or latino (657 degrees).

0.269% of degree recipients (10 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
1,480 degrees awarded
Hispanic or Latino Female
542 degrees awarded
Asian Female
359 degrees awarded

The most common race/ethnicity and gender grouping at Fashion Institute of Technology is white female (1,480 degrees awarded). There were 2.73 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (542 degrees).

Operations

Fashion Institute of Technology has an endowment valued at nearly $39.4M, as of the end of the 2019 fiscal year. The return on its endowment was of $584k (1.49%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Fashion Institute of Technology had a total salary expenditure of $240M. Fashion Institute of Technology employs 95 Assistant professors, 73 Associate professors, and 58 Professors. Most academics at Fashion Institute of Technology are Female Assistant professors (59), Female Associate professors(40), and Male Assistant professors (36).

The most common positions for non-instructional staff at Fashion Institute of Technology are: Office and Administrative Support, with 232 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 100 employees, and Business and Financial Operations with 77 employees.

Finances

Endowment

$39.4M

2019 Endowment

1.13%

growth from 2018

Fashion Institute of Technology has an endowment valued at about $39.4M, as of the end of the 2019 fiscal year. The endowment of Fashion Institute of Technology grew 1.13% from the previous year. The value of their endowment was $868k higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Fashion Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Small Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$31.2k - Federal
$2.56M - State
$631k - Local

As of 2019, Fashion Institute of Technology received $31.2k in grants and contracts from the federal government, $2.56M from state grants and contracts, and $631k from local grants and contracts.

Expenses

Salary Expenditure

$112M

2019 Salaries

1.32%

decline from 2018

In 2019, Fashion Institute of Technology paid a median of $112M in salaries, which represents 46.7% of their overall expenditure ($240M) and a 1.32% decline from the previous year. This is compared to a 1.57% growth from 2017 and a 0.567% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

Instructional Salaries

$23.8M

Instructional Salaries

226

Number of Employees

In 2019, Fashion Institute of Technology paid a total of $23.8M to 226 employees working as instructors, which represents 21.2% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Assistant professor

Most Common Instructor

95 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

232 Employees

In 2019, the most common positions for instructional staff at Fashion Institute of Technology were Assistant professor with 95 employees; Associate professor with 73 employees; and Associate professor with 58 employees.

In 2019, the most common positions for non-instructional staff at Fashion Institute of Technology were Office and Administrative Support with 232 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 100 employees; and Business and Financial Operations with 77 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Female Assistant professor
Female Associate professor
Male Assistant professor

In 2019, the most common demographic for instructional staff at Fashion Institute of Technology was Female Assistant professor with 59 employees, Female Associate professor with 40 employees, and Male Assistant professor with 36 employees.

This chart shows the gender split between each academic rank present at Fashion Institute of Technology.

Keep Exploring

Columbia College Chicago

University

Ithaca College

University

Western Connecticut State University

University

Universidad del Sagrado Corazon

University

Seton Hill University

University