Fashion Institute of Technology cost: Situated in New York City, the Fashion Institute of Technology (FIT) is a State University of New York (SUNY) institution. It is well known for its business, marketing, fashion design, and related programs. Students at FIT are prepared for success in the global fashion business through a combination of academic rigor and creative training.
Students can obtain practical experience through internships, runway shows, and exposure to fashion businesses and creative studios, thanks to FIT’s affiliation with the New York City fashion industry. Since its founding in 1944, it has evolved into one of the world’s most prestigious fashion schools. FIT offers associate’s, bachelor’s, and master’s degree programs that were all developed with input from top business experts.
Is FIT Public or Private?
FIT is a SUNY-affiliated public college. Compared to private fashion schools like Parsons or SCAD, it is more accessible to in-state students due to its more affordable tuition. Although tuition for out-of-state students is greater, it is still lower than that of private universities.
Because FIT is a public university, it also receives state financing, which lowers the cost of enrollment. It is a very popular option for students seeking a top-notch fashion education on a budget because of its accessibility.
Overview of FIT Tuition Fees
In-State vs. Out-of-State Tuition
A Comparison of In-State and Out-of-State FIT Tuition Fees: The approximate cost of tuition for in-state students is $2,645 per semester. The approximate cost of out-of-state tuition is $7,935 a semester.
Residency | Yearly Tuition |
In-State | $5,290 |
Out-of-State | $15,870 |
Full-time students working for associate’s or bachelor’s degrees are included in these figures. Graduate degrees are more expensive; depending on residency and credit load, some master’s programs might cost anywhere from $10,870 to $20,000 annually.
Additional Tuition Details
Currently, part-time students pay about $235 (in-state) or $620 (out-of-state) for each credit hour. International students pay out-of-state fees. The cost of summer and winter session classes varies according to the type of course.
Mandatory Student Fees and Miscellaneous Costs
FIT charges additional fees each semester:
Student Activity Fee
Covers student government, events, and clubs. Cost: $65–$100
Technology Fee
Supports lab maintenance and digital access. Cost: $150–$250
Health Services Fee
Grants access to the health clinic. Cost: $75–$100
Combined, these add up to approximately $400–$500 per semester.
Other possible costs:
Library printing: $25–$100 per semester
ID card replacement: $15
Locker rental: $10–$25 per semester
Cost of Living in NYC for FIT Students
Living in NYC can be costly. FIT students typically choose between:
On-Campus Housing
Dorm | Cost per Semester |
Alumni Hall | $7,150 |
Kaufman Hall | $6,750 |
Nagler Hall | $5,950 |
On-campus housing includes utilities, internet, and basic furnishings. It’s the most convenient option for first-year students and is conveniently located near FIT’s academic buildings.
Off-campus housing
for students costs between $900 and $1,600 a month. Other expenses consist of:
$100 a month for utilities and internet
Rent for one to two months as a security deposit
Although living off campus gives you more freedom, your commute could be lengthier.
Meal Plan for Food and Transportation: $1,800 per semester (optional)
Food and Transit
Monthly NYC MetroCard: $127 for unlimited bus and subway travel
On-campus housing costs are estimated to be between $10,000 and $14,000 annually.
Course Materials, Books, and Supplies
Special supplies are frequently needed for fashion classes.
Books, Supplies, and Course Materials
Fashion courses often require special supplies.
Costs for Fashion Majors
Kits for sewing: $100 to $300
Trims and textiles: $300 to $800 per term
Art materials and sketchbooks: $100 to $200
Subscriptions to digital design software (Adobe, etc.): $20 to $60 per month
Design tools and external hard drives: $100 to $300
Where to Buy Affordable Materials
Limited-time discounts at the FIT Bookstore
Blick Art Supplies
Internet retailers such as Etsy and Amazon
Local fabric stores in NYC (with the possibility to purchase wholesale)
Facebook groups for used tools run by students
Scholarships and Grants
TAP Grants (New York Residents)
For qualified residents, the Tuition Assistance Program (TAP) offers up to $5,665 annually.
FIT Scholarships
Scholarships awarded based on merit: determined by portfolio and GPA
Diversity awards: Encourage underrepresented groups
Scholarships for international students are determined by academic performance
Every year, FIT grants more than $4 million in scholarships, which can be partial or complete tuition reimbursements. Typically, deadlines fall in the early spring.
External Scholarships
Students may submit applications to:
The Scholarship Fund for Fashion
The CFDA Scholarship Program
Federation of National Retailers (NRF) Scholarships
Grants from private and nonprofit organizations in the area
Work-Study and Part-Time Jobs
On-Campus Jobs
Work-Study and Part-Time Jobs on Campus Support for the Admissions Office, LabMonitoro, and Library Assistant
Academic coaching and tutoring
Students enrolled in work-study programs can work up to 20 hours per week and get minimum wage.
NYC-Based Internships
Students at FIT secure internships at Calvin Klein
Kors, Michael
Teen Vogue
Lauder Estée
Harper’s Bazaar
While some internships are paid, others grant school credit. After graduation, many result in employment offers.
Student Loans and Repayment
Federal Student Loans
Loan Type | Interest Rate (2024) |
Subsidized Loan | 5.5% |
Unsubsidized Loan | 7.05% |
Loan Repayment Options
Plan Standard: 10 years
Gradually increasing lower payments under a graduated plan
Repayment Based on Income (IDR)
PSLF: Pardoning after ten years of public or nonprofit work
FIT provides graduates with loan management and financial assistance.
How to Save on FIT Costs: 10 Tips
Early Scholarship Applications
Live on Campus (Year of Freshmen)
Purchase or Rent Books
Living apart from roommates
Make use of Adobe Student Discounts.
Attend Community College and enroll in general courses.
Purchase Materials in Bulk with Your Peers
Use the Federal Work-Study Application.. The Career Center at FIT
Utilize open educational resources, or OER.
Pro tip: To exchange or borrow supplies, join FIT communities on Facebook or Discord.
Student Testimonials
“At half the price of Parsons, FIT gave me a true New York experience.”
Sarah, majoring in fashion design
“I graduate debt-free thanks to financial aid and my on-campus job.”
Devon, majoring in marketing and advertising
“Yes, NYC is pricey, but it was manageable thanks to FIT’s career services and support networks.”
Emma, a major in cosmetics and fragrance marketing
FIT vs. Other Fashion Schools
School | Yearly Tuition | Key Benefit |
FIT (In-State) | $5,290 | SUNY-level cost, NYC location |
Parsons | $52,590 | High prestige, expensive |
SCAD | $41,130 | Creative freedom, high cost |
FILMDM | $31,500 | West Coast location, specialty programs |
Hidden Costs at FIT
Fabric and Printing Fees: $300–$500/Semester
Field Trips to Fashion Shows: $50–$300/year
Capstone Portfolio Costs: $100–$400
Senior Exhibit Fees: Optional but common
Graduation Fee: Around $60–$100
These costs can add up quickly, so budgeting is essential.
Read Also: FCW system failed: Ultimate Guide to 7 Smart Fixes That Work
Conclusion
For in-state students in particular, the Fashion Institute of Technology provides an exceptional fashion education at an unmatched cost. Aspiring creatives seeking value without sacrificing quality choose FIT because of its affordable tuition, easily accessible accommodation, and generous financial aid.
Students can reduce their debt and increase their opportunities at FIT by practicing prudent budgeting, applying for scholarships, borrowing wisely, and purchasing supplies efficiently.
(FAQs)
1. Is FIT affordable?
Yes, particularly for New York State citizens. It is among the most reasonably priced fashion schools in the United States.
2. Does FIT offer full scholarships?
Yes, but they demand outstanding academic records or portfolios and are competitive.
3. Can international students get financial aid?
They qualify for FIT scholarships based on merit.
4. What’s the average cost per year?
For in-state students, the total cost of tuition, housing, and supplies ranges between $18,000 and $22,000.
5. Do students work while attending FIT?
Many do so through work-study or internships.
6. Are dorms mandatory?
No, however, for convenience, many first-year students opt to have on-campus accommodation.