Illinois Institute of Technology – Snapshot

Four-Year Private University

Undergraduate Enrollment: 2,859

Average annual cost of attendance: $21,803

(National Median: $15,523)

Median student debt for loan recipients: $27,000

Campus Setting: Large City

Religious Affiliation: None

Visit the Illinois Institute of Technology Website

Illinois Institute of Technology Tuition based on Family Income

For a family income of $0 to $30,000 the average cost is $17,123

For a family income of $30,001 to $48,000 the average cost is $17,838

For a family income of $48,001 to $75,000  the average cost is $21,317

For a family income of $75,001 to $110,000  the average cost is $24,732

For a family income above $110,000 the average cost is $28,712

The “average cost” shown here is a NET cost and reflects the tuition cost after financial aid is taken into account, as reported by Illinois Institute of Technology. This average is based on the students who receive grant or scholarship aid. In-state tuition is used for public schools.

Visit the Illinois Institute of Technology
Financial Aid Website

Illinois Institute of Technology Graduate Success

Graduation rate: 72%

(National Median: 49%)

Students returning after first year: 89%

(National Median: 68%)

Median annual earnings (10 years after first attending): $69,100

(National Median: $33,028. The salary data measures salaries of students who received federal student aid. The Salary data does not break down earnings or graduation rates by major, or by state—an important consideration, since salaries can vary widely depending on geographical region. )

Percentage earning above a high school graduate (6 years after first enrolled): 85%

Illinois Institute of Technology Admissions

Illinois Institute of Technology Acceptance Rate: 57%

Half of the recent accepted students had test scores in the range of:

Twenty-five percent of students accepted to Illinois Institute of Technology actually performed better than the range reported above.  Another twenty-five percent had scores below the reported range.

Illinois Institute of Technology Student Debt

Percentage of students awarded Pell Grants: 30%

Percentage of students receiving federal student loans: 42%

Typical student debt: $27,000

Typical monthly loan payment: $287

Before you take out student loans, make sure you have exhausted your scholarship search.  We have over 3 billion dollars of scholarships listed on our site.  There’s plenty of money available to help fund your education.

Scholarships for Students Residing in Illinois

Other Scholarships for Students Attending Illinois Institute of Technology

Majors at Illinois Institute of Technology

These are the most popular areas of study offered at Illinois Institute of Technology:

• Architecture and Related Services – 17%
• Biological and Biomedical Sciences – 4%
• Business, Management, Marketing, and Related Support Services – 5%
• Communication, Journalism, and Related Programs – 1%
• Computer and Information Sciences and Support Services – 13%
• Engineering – 47%
• Engineering Technologies and Engineering-Related Fields – 4%
• Liberal Arts and Sciences, General Studies and Humanities – 1%
• Mathematics and Statistics – 2%
• Physical Sciences – 3%
• Psychology – 2%
• Social Sciences – 1%

For more information about the various majors at Illinois Institute of Technology, visit their website.

Illinois Institute of Technology Success Ratios

TUN ratios to help compare schools

Earnings to Debt Ratio: 2.6

The median earnings 10 years after start of attending school divided by the median federal debt of borrowers who graduated. TUN found an average of 2.5 based on data of 3,210 schools.

Earnings to Tuition Ratio: 3.2

The median earnings 10 years after start of attending school divided by the average annual cost of attendance that financial aid recipients incurred.  TUN found an average of 3.0 based on data of 3,337 schools.

Monthly Liquidity Ratio: 20.1

The median monthly gross earnings 10 years after start of attending school divided by the median monthly debt payment that borrowers who graduated experience with a 10-year repayment schedule. TUN found an average of 19.3 based on data of 3,210 schools.