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Financial Aid

Consumer Information

Financial Aid Consumer Information

New England Institute of Technology makes available the following types of financial aid, including Federal and State grants, loans, scholarships and institutional aid to enrolled students.  Financial Aid staff are available to assist enrolled or prospective students in obtaining financial aid information.  Detailed information about the availability and the application process, for each of  type of financial aid listed below, is available in the Financial Aid Office located in Room N110 on the first floor of the East Greenwich Campus, One New England Tech Blvd, East Greenwich , RI  02818.  Tel. (401) 739-5000, Ext: 3354.  Office hours: Monday –Thursday, 8 a.m. – 8 p.m.; Friday, 8 a.m. – 4 p.m.;  Saturday, 9 a.m. – 12:00 pm.

Federal Financial Aid

Federal Pell Grant
Federal Supplemental Education Opportunity Grant (FSEOG)
Federal Work Study Program
Federal Direct Subsidized Stafford Loans
Federal Direct Unsubsidized Stafford Loans
Federal Direct Parent PLUS Loans

State Grants

Funded by students’ state of residence. States currently awarding grants to NEIT students include Rhode Island, Massachusetts, Connecticut and Vermont.

Institutional Grants

The grants listed below are funded by the college, and awarded to students based on various criteria, such as demonstrated financial need, international student status, and/or academic merit and potential.

AAA Scholarship
Alumni Scholarship- NEIT
Americorp Match
Book Award
Bermuda Scholarship
British Virgin Island Scholarship
CAD Scholarship
Cayman Island Scholarship
St. Maarten Scholarship
Turks and Caicos Scholarship
VICA Scholarship
Citizens Scholarship match
RI Crusader Scholarship
RI Ocean State Scholarship
Feinstein Scholarship
Imagine America Scholarship
Presidential Grant

General Scholarships

These scholarships are available only to students who have completed at least one quarter of attendance at New England Tech. The application period for these scholarships runs from September through October annually, and the awards are credited to the winning student’s tuition charges for the subsequent Winter quarter.

NEIT Alumni Scholarships
Richard Wertz Scholarship
Ray Sauer Scholarship
Dr. E. Foster Wiggins Scholarship
Textron Scholarship 
Mike Noble Scholarship
Compass Corporation Scholarship
Matthew J. Fandetti Scholarship
38 Studios Scholarship Game Development and Simulation Programming Scholarship
William R. Talladay Information Technology Scholarship
Gerard R. Pincine Memorial Scholarship
Refrigeration Service Engineers Society Scholarship
W.W. Grainger, INC Refrigeration/Air Conditioning/Heating Technology Scholarship
Regan Heating and Air Conditioning Scholarship
Frank Gassett Jr. Automotive Technology Scholarship
Rossi Electric Electrical Technology Scholarship
Frank Sisto Electronic Technology Scholarship
Stephen Dumont Electronic Technology Scholarship
Dr. William H. Rizzini INTERIOR DESIGN Scholarship
Dr. Robert J. Shapiro Nursing Scholarship

Privately funded student loans

Alternative, loans, also referred to as privately funded student loans, are available from a variety of financial institutions. These loans are not guaranteed by the Federal Government and interest rates vary. Many of these loans require a credit-worthy co-signer.

The following lenders have been used frequently by our students and have provided excellent service. These lenders disburse your loan proceeds electronically to New England Tech, and allow your funds to be posted to your student account in a timely manner.

Academic Solutions
Citizens Bank Trufit Loan
CU Student Loans
RI Student Loan Authority Student Loan
Salliemae Smart Option Loan
Union Federal Savings Bank
Wells Fargo Collegiate Loan

Students are free to choose any lender they wish for an Alternative Loan at New England Tech.