Accepting Awards

If you are awarded financial aid, aid amounts will be displayed in MyFIT. 

You will have the option to accept or decline any loans awarded to you. If you do not accept your loans, the funds will not be credited toward your FIT account.

You will have the option to accept or decline work-study awarded to you. Federal Work-Study is a job and you will be paid directly for the actual hours you work; this amount will not be credited to your FIT account.

Any grants or scholarships awarded to you will be pre-accepted; therefore, you won't see a box to accept or decline these awards.

If you would like to decrease the amount of your loan or federal work study, you may do that online one time only. Subsequent changes will need to be made in writing with Financial Aid Services. 

Accepting loans and work-study is a multistep process: you must view your awards and cost of attendance (COA), reading any associated award terms and conditions, and then accept the awards. Log on to MyFIT and complete the following steps.

  • Go to the FIT Applicant or Student tab
  • Go to the Financial Aid Resources box on the right hand side
  • Click on Go To My FIT Financial Aid Checklist
  • Click on Award by Aid Year
  • On the drop down menu choose the appropriate academic year
  • On the General Information tab, you will see the Financial Aid Checklist
  • Go to Financial Aid Processing Status
  • Go to Step 5
  • If you are interested in accepting your federal work-study or federal loans,  you must click on the Accept Award Offer tab to accept these awards. If you do not want to accept your federal work-study and/or loans, you should decline them on this same page.  All grants and scholarships (if you are eligible for them you will see the funds on your Accept Award Offer tab) are automatically accepted for you.      

Accepting and/or declining your financial aid awards online will make your decision final. If you wish to make changes after you finish this step online, then you must make your request in writing and send it to:

Financial Aid Services
227 West 27th Street, Room A212A
New York, NY  10001-5992

OR fax your request to (212) 217-3561

OR email your request (using your FIT email address) to [email protected]

NYS Award Information Sheet

Also available online is the NYS Award Information Sheet. This is a standardized consumer tool designed to simplify information about college costs and financial aid for comparison purposes.  To see and/or print your NYS Award Information Sheet, log on to MyFIT and complete the following steps.

  • Go to the FIT Applicant or Student tab
  • Go to the Financial Aid Resources box on the right hand side
  • Click on Go To My FIT Financial Aid Checklist
  • Click on My Award Information
  • Click on NYS Award Information Sheet

Reporting Changes to Financial Aid Services

You must report the following to Financial Aid Services:

  1. if you drop from full-time to part-time (less than 12 credits)
  2. if you drop below part-time (less than 6 credits)
  3. if you have receive or have been offered a scholarship

You will be notified via your FIT email account of any adjustments of your awards. You may contact Financial Services at (212) 217-3560 or email [email protected] for more information.