FIT Scholarships, which may carry the name of the donor, are usually awarded to second, third, and fourth-year students who demonstrate need, superior potential to succeed in their major areas, and meet the donorís requirements for the scholarship. Students must complete the FAFSA each year by the March 1 deadline and must maintain a minimum 3.0 GPA. Renewal of scholarships is not guaranteed. All recipients must be registered for a minimum of 12 credits and continue to be full-time.FIT grants are based on financial need and availability of funds. Renewal is based on full-time enrollment (12 or more credits), maintaining a 2.3 GPA and availability of funds. Recipients must file for financial aid each academic year by March 1. These grants are limited to four semesters in lower division and four semesters in upper division.
Scholarships and grants are awarded from funds donated to the Educational Foundation for the Fashion Industries by many firms, organizations, and individuals.