Fashion Institute of Technology

www.fitnyc.edu

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2024 Undergraduate Tuition
$7,170
2024 Average Net Price
$16,340
After Financial Aid
2024 Acceptance Rate
60.2%
3,971 Applicants
2024 Enrolled Students
8,206
86.6% Full-Time
2024 Graduation Rate
80.7%
1,069 Graduates

About

Fashion Institute of Technology is a higher education institution located in New York County, NY. In 2024, the most popular Associates Degree concentrations at Fashion Institute of Technology were Fashion Merchandising (637 degrees awarded), Fashion & Apparel Design (357 degrees), and Communication Management And Strategic Communications (316 degrees).

In 2024, 3,567 degrees were awarded across all undergraduate and graduate programs at Fashion Institute of Technology. 84.4% of these degrees were awarded to women, and 15.6% awarded men. The most common race/ethnicity group of degree recipients was white (1,420 degrees), 1.89 times more than then the next closest race/ethnicity group, hispanic or latino (752 degrees).

The median undergraduate tuition at Fashion Institute of Technology is $7,170, which is $−18,118 less than the national average for Masters Colleges and Universities ($25,288).

Photo by Eden, Janine and Jim
Masters Colleges & Universities: Small ProgramsMasters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Fashion Institute of Technology is $7,170, which is $18,118 less than the national average for Masters Colleges and Universities ($25,288).

After taking grants and loans into account, the average net price for students is $16,340.

In 2024, 46% of undergraduate students attending Fashion Institute of Technology received financial aid through grants. Comparatively, 30% of undergraduate students received financial aid through loans.

Tuition Costs

$7,170
2024 Undergraduate Tuition

In 2024, the cost of tuition at Fashion Institute of Technology was $7,170. The cost of tuition at Fashion Institute of Technology is $−18,118 less than than the overall (public and private) national average for Masters Colleges and Universities ($25,288).

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

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Average Net Price

$16,340
2024 Value
16.8%
1 Year Growth

In 2024 Fashion Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $16,340. Between 2023 and 2024, the average net price of Fashion Institute of Technology grew by 16.8%.

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.

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Other Student Expenses

$26,312
Room and Board
$1,850
Books and Supplies

The average yearly cost of room and board at Fashion Institute of Technology was of $26,312 in 2024. The cost of room and board decreased by 2.55% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,850. 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.

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Financial Aid by Income Level

46%
Undergraduates Receiving Financial Aid through Grants
30%
Undergraduates Receiving Financial Aid through Loans

46% of undergraduate students at Fashion Institute of Technology received financial aid through grants or loans in 2024. This represents a decline of 2.13% with respect to 2023, when 47% 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.

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Admissions

Fashion Institute of Technology received 3,971 undergraduate applications in 2024, which represents a 8.21% annual growth. Out of those 3,971 applicants, 2,392 students were accepted for enrollment, representing a 60.2% acceptance rate.

There were 8,206 students enrolled at Fashion Institute of Technology in 2024.

Fashion Institute of Technology has an overall enrollment yield of 55.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

60.2%
Acceptance Rate in 2024
2,392
Accepted Out of 3,971

In 2024, the undergraduate acceptance rate of Fashion Institute of Technology was 60.2% (2,392 admissions from 3,971 applications). This is higher than the acceptance rate of 2023, which was 57.6%. Between 2023 and 2024, the number of applicants declined by 8.21%, while admissions declined by 4.01%.

This chart compares the acceptance rate of Fashion Institute of Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Fashion Institute of Technology had a total enrollment of 8,206 students in 2024. The full-time enrollment at Fashion Institute of Technology is 7,103 students and the part-time enrollment is 1,103. This means that 86.6% 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 37.3% White, 22.9% Hispanic or Latino, 13.1% Asian, 8.46% Black or African American, 4.84% Two or More Races, 0.158% American Indian or Alaska Native, and 0.134% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Fashion Institute of Technology in full-time Undergraduate programs are most commonly White Female (31.5%), followed by Hispanic or Latino Female (18.8%) and Asian Female (11%). Students enrolled in full-time Graduate programs are most commonly White Female (26.8%), followed by Asian Female (9.66%) and White Male (7%).

Full-Time vs Part-Time Enrollment

86.6%
Full-Time Enrollment

The total enrollment at Fashion Institute of Technology in 2024, both undergraduate and graduate, is 8,206 students. The full-time enrollment at Fashion Institute of Technology is 7,103 and the part-time enrollment is 1,103. This means that 86.6% of students enrolled at Fashion Institute of Technology are enrolled full-time compared with 68.6% 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.

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Retention Rate over Time

91%
2024 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 91%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)
  1. White
    3,057 enrolled students
  2. Hispanic or Latino
    1,882 enrolled students
  3. Asian
    1,073 enrolled students

The enrolled student population at Fashion Institute of Technology is 37.3% White, 22.9% Hispanic or Latino, 13.1% Asian, 8.46% Black or African American, 4.84% Two or More Races, 0.158% American Indian or Alaska Native, and 0.134% 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 48.8% White, 18.2% Hispanic or Latino, and 13.7% 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, 41 students (0.5%) did not report their race.

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Graduates

In 2024, 2,451 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 (1,420 degrees awarded). There were 1.89 times more white recipients than the next closest race/ethnicity group, hispanic or latino (752 degrees).

The most common Associates Degree concentration at Fashion Institute of Technology is Fashion Merchandising (637 degrees awarded), followed by Fashion & Apparel Design (357 degrees) and Communication Management And Strategic Communications (316 degrees).

In 2024,  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 (1,578 degrees awarded), Communications (570 degrees), and Human Sciences (118 degrees).

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 (1,039,933 people), Other managers (922,353 people), Financial managers (557,164 people), Chief executives & legislators (462,433 people), and Elementary & middle school teachers (338,175 people).

The most specialized majors at Fashion Institute of Technology in 2024 are Visual & Performing Arts (1,578 degrees awarded), Communications (570 degrees), Human Sciences (118 degrees), Business (1,264 degrees), and Communication Technologies (25 degrees) (as of 2024).

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Highest Paying Jobs by Major

Agents & business managers of artists, performers, & athletes
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 Agents & business managers of artists, performers, & athletes, Surgeons, Physicians, Nuclear medicine technologists and medical dosimetrists, and Securities, commodities, & financial services sales agents

The most specialized majors at Fashion Institute of Technology are Visual & Performing Arts (1,578 degrees awarded), Communications (570 degrees), Human Sciences (118 degrees), Business (1,264 degrees), and Communication Technologies (25 degrees) (as of 2024).

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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 (903,339 people), Computer Systems Design (740,248 people), Colleges, universities & professional schools, including junior colleges (606,028 people), Banking & related activities (497,447 people), and Construction (489,579 people).

The most specialized majors at Fashion Institute of Technology are Visual & Performing Arts (1,578 degrees awarded), Communications (570 degrees), Human Sciences (118 degrees), Business (1,264 degrees), and Communication Technologies (25 degrees) (as of 2024).

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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 (2024)
  1. Fashion Merchandising
    637 degrees awarded
  2. Fashion & Apparel Design
    357 degrees awarded
  3. Communication Management And Strategic Communications
    316 degrees awarded

In 2024, the most common associates degree concentration at Fashion Institute of Technology was Fashion Merchandising with 637 degrees awarded.

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

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Sex Breakdown for Common Majors

558
Degrees Awarded to Men
in 2024
3,009
Degrees Awarded to Women
in 2024

In 2024, 558 degrees were awarded to men at Fashion Institute of Technology, which is 0.185 times less than the number of degrees awarded to females (3,009).

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

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Most Common Male Majors

In 2024, 140 degrees were awarded to men at Fashion Institute of Technology in Fashion Merchandising, which is 0.155 times less than the 902 female recipients with that same degree.

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Most Common Female Majors

In 2024, 902 degrees were awarded to men at Fashion Institute of Technology in Fashion Merchandising, which is 6.44 times more than the 140 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)
  1. White
    1,420 degrees awarded
  2. Hispanic or Latino
    752 degrees awarded
  3. Asian
    462 degrees awarded

The most common race/ethnicity at Fashion Institute of Technology is white (1,420 degrees awarded). There were 1.89 times more white recipients than the next closest race/ethnicity group, hispanic or latino (752 degrees).

0.392% of degree recipients (14 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2024)
  1. White Female
    1,205 degrees awarded
  2. Hispanic or Latino Female
    608 degrees awarded
  3. Asian Female
    409 degrees awarded

The most common race/ethnicity and sex grouping at Fashion Institute of Technology is white female (1,205 degrees awarded). There were 1.98 times more white female recipients than the next closest race/ethnicity group, hispanic or latino female (608 degrees).

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Operations

Fashion Institute of Technology has an endowment valued at nearly $57.1M, as of the end of the 2024 fiscal year. The return on its endowment was of 5.05M (8.83%) compared to the 9.96% average return (5.41M on 54.3M) across all Masters Colleges and Universities.

In 2024, Fashion Institute of Technology had a total salary expenditure of 252M. Fashion Institute of Technology employs 95 Assistant professors, 64 Associate professors and 53 Professors. Most academics at Fashion Institute of Technology are Female Assistant professor (59), Male Assistant professor (36), and Female Associate professor (35).

The most common positions for non-instructional staff at Fashion Institute of Technology are: Office and Administrative Support, with 197 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 82 employees, and Business and Financial Operations with 73 employees.

Endowment

$57.1M
2024 Endowment
11.2%
growth from 2023

Fashion Institute of Technology has an endowment valued at about $57.1M, as of the end of the 2024 fiscal year. The endowment of Fashion Institute of Technology grew 11.2% from the previous year. The value of their endowment was $2.77M 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.

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Salary Expenditure

$126M
2024 Salaries
0%
growth from 2023

In 2024, Fashion Institute of Technology paid a median of $126M in salaries, which represents 50% of their overall expenditure ($252M) and a 0% growth from the previous year.

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Instructional Salaries

$26.1M
Instructional Salaries
212
Number of Employees

In 2024, Fashion Institute of Technology paid a total of $26.1M to 212 employees working as instructors, which represents 20.7% of all salaries paid.

This is compared to a median of $1.15M (2.91%) for similar Masters Colleges and Universities.

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Occupations by Share

In 2024, the most common positions for non-instructional staff at Fashion Institute of Technology were Office and Administrative Support with 197 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 82 employees, and Business and Financial Operations with 73 employees.

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