Illinois Institute of Technology
Chicago, ILPrivate nonprofitRank 72 of 1,732Traditional rank 48 of 1,156
Freshman grant vs later years
Average grant per recipient, IPEDS SFA 2022-23.
Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.
Average net price by family income (2022-23)
| Family income | Avg net price |
|---|---|
| $0–30k | $13,222 |
| $30–48k | $15,488 |
| $48–75k | $16,566 |
| $75–110k | $22,765 |
| $110k+ | $31,456 |
First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.
Published cost (IPEDS)
| Tuition and fees (in-state), 2022-23 | $50,640 |
| Tuition and fees (in-state), 2023-24 | $51,763 |
| Change | $1,123 (+2.2%) |
| On-campus room and board, 2023-24 | $16,528 |
Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.
Tuition and fees trend
Published tuition and required fees, +8.6% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.
Average net price trend
Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.
Outcomes and aid profile
| Bachelor's graduation rate within 6 years | 72% |
| Full-time freshman retention (return for year 2) | 87% |
| Freshmen receiving Pell Grants | 38% |
| Freshmen taking federal loans | 39% |
| Average federal loan (freshmen who borrow) | $5,168 |
| Aid drop one year earlier (2021-22) | $4,483 |
Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.
Compare with other colleges Compare with the two most similar
More: all IL colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports
Similar colleges
| College | Freshman grant | Drop |
|---|---|---|
| Knox College | $40,548 | $2,761 |
| Lake Forest College | $38,424 | −$5,543 |
| Illinois Wesleyan University | $36,999 | $967 |
| Augustana College | $36,474 | $2,093 |
| Monmouth College | $36,405 | $1,455 |
Same state and control, closest average freshman grant. All colleges in this state.
Get a personal estimate from the college's own net price calculator.
Know before the award letter arrives
One short email when new cost data lands. Double opt-in, no spam.