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What is the difference between full-time verses part-time study?

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What is the difference between full-time verses part-time study?

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Students who register for 1-11.5 credits are considered part-time students and pay tuition on a per-credit basis. Students registered for 12 or more credits are considered full-time students and pay a flat fee for tuition. Full-time students are also eligible to participate in clubs and organizations and are eligible for housing at FIT.

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