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Illinois Institute of Technology
Tuition, Costs, & Financial Aid Information
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Website
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Overview
Admissions
Financials
Academic
Campus Life
Students
In-state
Out-of-state
Cost of Attendance :
$77,568
No data available
Tuition & Fees :
$53,398
Room & Board :
$18,130
Books & Supplies :
$1,240
Other Expenses :
$4,800
Scholarship Finder
Applying For Financial Aid
Applying For Financial Aid
Email
admission@iit.edu
Website
Financial Aid Website
Application Process
Application Deadline
February 1
Award Notification
On a rolling basis beginning February 15
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required
Cost
FAFSA Code is 001691
Free
Profile of 2024-25 Financial Aid
Profile of 2024-25 Financial Aid
Freshman
Financial Aid Applicants
453 (87.8%) of freshmen
Found to Have Financial Need
403 (89.0%) of applicants
Received Financial Aid
399 (99.0%) of applicants with financial need
Need Fully Met
63 (15.8%) of aid recipients
Average Percent of Need Met
80%
Average Award
$49,285
Need-Based Gift
Received by 399 (100.0%) of aid recipients, average amount $45,259
Need-Based Self-Help
Received by 205 (51.4%) of aid recipients, average amount $4,124
Merit-Based Gift
Received by 55 (13.8%) of aid recipients
113 (21.9%) of freshmen had no financial need and received merit aid, average amount $30,379
All Undergraduates
Financial Aid Applicants
1,979 (74.0%) of undergraduates
Found to Have Financial Need
1,811 (91.5%) of applicants
Received Financial Aid
1,792 (99.0%) of applicants with financial need
Need Fully Met
297 (16.6%) of aid recipients
Average Percent of Need Met
78%
Average Award
$47,965
Need-Based Gift
Received by 1,788 (99.8%) of aid recipients, average amount $43,295
Need-Based Self-Help
Received by 895 (49.9%) of aid recipients, average amount $5,375
Merit-Based Gift
Received by 269 (15.0%) of aid recipients
808(30.2%)of undergraduates had no financial need and received merit aid,average amount $30,922
All Undergraduates
2024 Graduates Who Took Out Loans
52%
Average Indebtedness of 2024 Graduates
$28,440
Financial Aid Programs
Financial Aid Programs
Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Other Loans
Loans From Private Lender
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Architecture
Biological Sciences
Business
Communication
Computer Science
Engineering/Technologies
Humanities
Mathematics
Premedicine
Social Sciences
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Art/Fine Arts
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Community Service
Hobbies/Interests
Leadership
Memberships
Number of Awards
Not reported
Special Characteristics Award Areas
Children and Siblings of Alumni
Children of Faculty/Staff
Children of Public Servants
International Students
Local/State Students
Previous College Experience
Veterans
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
Not reported
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2025 Peterson's LLC. All rights reserved.