Cost of Attendance
This section lists the total cost a student would incur to complete a program within the normal length of time indicated by the Institute, including tuition*, fees, and additional living expenses.
As with most institutions, at DIT, the responsibility for funding education rests first with students and their families. Students are expected to meet a portion of their expenses from earnings and savings, while parents are expected to contribute according to their financial responsibility as determined by federal formula. To assist you and your family with the planning process, DIT provides budgets showing expected living costs while in school.
Cost of Attendance Budget
Divers Institute of Technology
(independent student living away from home)
|Off-campus room and board||$8,400|
|Personal and Miscellaneous||$2,592|
|Gear & Physical||Up to $5083|
|Total Cost Of Attendance||$43,243|
Budgets Include the Following:
- Full-time tuition and fees
- Allowances for books, gear, off-site room & board, food, utilities
- Personal, transportation, and miscellaneous expenses
Except tuition and fees, all costs are based upon average expenses for most students. Each student’s lifestyle determines how much his or her cost of attendance will be. DIT uses a modest, adequate living allowance to provide for reasonable expenditures. You can not exceed the Total Cost of Attendance.
*Note: Tuition is subject to change with a minimum of six months’ notice.
Median Loan Debt
This section lists the median loan debt incurred by students in the 2013-2014 school year by federal student loans, institutional financing, and private educational loans. DIT lists this information as an average of all students who received aid for a given year rather than by individual program:
|Award Year||Median Loan Debt||Alternative Loans||School Loans|
Professional, Commercial Diver Cost of Program
|Cost of Program|
|Tuition & Fees||$25,900|
|Gear and Physical||Up to $5083|
|Off-Campus Room & Board||$8,400|
|Length of Program|
|Intended Time to Complete||TBD|
|% of Graduates Who Complete on Time||98%|
|Jobs Related to This Program:||Commercial Divers (49-9092)|
|Job Placement Rate||88% (166 placed out of 188 students available from June 2013-May 2014) DIT Job Placement Rates are verified by third-party with total employed out of total graduates available for employment each year.) In addition, net price information is available on DIT’s College Navigator profile on the U.S. Department of Education website.|
Return of Title IV Funds
DIT’s Refund Policy operates independently from the Return of Title IV and State Funds Policy required for all financial aid recipients. For a full description of the Return of Title IV Funds policy, Please refer to your Enrollment Agreement or the Catalog.
Institutional Refund Policy
See the “Cancellation and Refund Policies” section of the Course Catalog for more information.
Withdrawal from the Institute
If at any time a student decides to leave DIT, it is absolutely necessary for him or her to make an appointment with the Financial Aid Office for an exit interview prior to leaving the Institute. This applies to students who are withdrawing and/or transferring to another institution. Failure to meet for an exit interview may increase the risk of defaulting on student loans, as well as incurring a potential liability for DIT for not maintaining compliance with a federal requirement. Students who withdraw may be subject to the return of Title IV Funds.
Entrance Counseling and Exit Counseling
Federal regulations require students to complete loan counseling prior to receiving their first disbursement and prior to leaving school. DIT encourages students to complete this requirement online.
Satisfactory Academic Progress** for Financial Aid
DIT’s policy on Satisfactory Academic Progress for Financial Aid covers guidelines for students on academic warnings, the process on appeals for students, and the process for re-establishing financial aid eligibility. The student may not be on probation and receive Federal funds. Once students meet the requirements, Financial Aid disbursements will resume.
**For more information on Satisfactory Academic Progress, view the Satisfactory Progress section of the Student Information Guide.
Federal regulations require institutes to confirm, via a standardized verification process, the accuracy of the information provided by students on their Free Application for Federal Student Aid (FAFSA) in order to ensure that students receive all the financial aid to which they are entitled. At least 30% of students who apply for financial aid assistance are selected for this process.
Students selected for verification are required by the U.S. Department of Education and DIT to supply their previous year’s signed income tax return(s), all attachments, and W-2s to confirm that the information they submitted through the FAFSA is truthful and correct. After the verification process, awards may be reduced due to a change in the Expected Family Contribution (EFC), via the FAFSA. Students will be notified of any changes to their financial aid award.
DIT does not offer study abroad programs at this time.
DIT does not participate in federally regulated college athletics programs, thus the requirements for student athletes who receive financial aid are not applicable to the Institute.
Federal regulations require schools to disclose the terms and conditions of any employment that is part of a financial aid package. DIT Institute of Technology does not participate in employment as part of a financial aid package.
DIT does not have any preferred lender arrangements.
For additional information regarding consumer information related to student financial assistance: