Fashion Institute of Technology

Financial AidExpenses and

Fashion Institute of Technology 63

* TAP points may have differed based on whether or not the student took summer sessions.

Students with disabilities are not required to register full-time. However, they still must meet

Academic Progress Pursuit as listed above. EOP students are not allowed to receive TAP

beyond the normal six-payment schedule.

50% = 6.0
75% = 9.0
100% = 12.0

Baccalaureate Level
Before Being Certified for
This Payment*

Must Complete This

Percentage of Previous

Semester

Student Must Have Accrued

at Least This Many Credits

Required GPA

First (6 PTS) 50% 0 .0

Second (12 PTS) 50% 6 1.5

Third (18 PTS) 75% 15 1.8

Fourth (24 PTS) 75% 27 1.8

Fifth (30 PTS) 100% 39 2.0

Sixth (36 PTS) 100% 51 2.0

Seventh (42 PTS) 100% 66 2.0

Eighth (48 PTS) 100% 81 3.0

Ninth EOP 100% 96 2.0

Tenth EOP 100% 111 2.0

* TAP points may have differed based on whether or not the student took summer sessions.

Students with disabilities are not required to register full-time. However, they still must meet

Academic Progress Pursuit as listed above. EOP students are not allowed to receive TAP

beyond the normal six-payment schedule.

50% = 6.0
75% = 9.0
100% = 12.0

FINANCIAL AID WITHDRAWAL AND RETURN OF FUNDS

Financial aid recipients who withdraw partially or fully must have their financial aid reviewed. If
students withdraw during the first 60 percent of the enrollment period and have any form of federal
aid disbursed, the amount of the refund will be based upon a distribution formula as required by
federal regulations. The refund distribution, prescribed by law and regulation, is in the following
order: Unsubsidized Federal Direct Stafford Loan, Subsidized Federal Direct Stafford Loan, Federal
Perkins Loan, Federal Direct PLUS Loan, Federal Pell Grant, Federal SEOG, other Title IV Aid
programs, and other federal sources of aid.

Additional information on these refund and repayment policies may be obtained from Financial Aid.

The FIT Foundation

Marvin Feldman Center, Room C204, 212 217.4100
fitnyc.edu/foundation

The FIT Foundation secures financial support to advance FIT’s mission.

Originally formed in 1944 as The Educational Foundation for the Fashion Industries, the FIT
Foundation raises funds for FIT’s strategic priorities, such as scholarships, program support,
and capital projects. The FIT Foundation serves as a bridge between donors and FIT’s schools,
departments, and programs, building a vibrant community of support among alumni, industry, and
friends of FIT.