Rochester Institute of Technology (RIT) is a privately endowed, coeducational university that came to be as a result of the merging of Rochester Athenaeum founded in 1829 and Mechanics Institute established in 1885. Rochester Athenaeum was a literary society founded by Col. Nathaniel Rochester and other Rochester community leaders while the Mechanics Institute was founded by a consortium of Rochester businessmen that included Captain Henry Lomb for the purpose of providing local residents with a school for practical technical training. Initially called the Rochester Athenaeum and Mechanics Institute, the school was officially renamed in 1944 as the Rochester Institute of Technology.
Chartered by the legislature of the state of New York and accredited by the Middle States Association of Colleges and Schools, RIT has over 90 undergraduate degree programs throughout its nine colleges and institutes emphasizing its focus on providing undergraduate instruction for career preparation of its over 14,000 undergraduate students. It likewise extends graduate degree courses to over 2,900 professionals.
Apart from its on-campus degree courses, RIT also has its Online Learning component as part of its academic services. It's online school was recently ranked as a top 25 online college. Online Learning offers one of the largest and most established online education programs in the United States. Online degree courses offered include associate, bachelor’s, master’s and doctorate degrees in a wide range of fields that include Arts, Crafts, and Graphic Communications; Business, Management, and Communication; Computing and Information Sciences; Engineering and Engineering Technology; Multidisciplinary; Science, Mathematics, and Imaging Science; and Social Sciences, Humanities, and Education.
Tuition cost for online undergraduate students is US$453 per credit hour for both part-time and fulltime. For graduate students, cost is US$924 per credit hour for part-time and US$11,078 per quarter for fulltime. Financial aid is extended via loans, grants and scholarships.