Financial Aid at IIT

The average amount of financial aid is $36,536 where 96% of enrolled students have received grants or scholarship aid at Illinois Institute of Technology. The average amount of tuition & fees is $51,763 at Illinois Institute of Technology.
  • Average Financial Aid: $36,536
  • Undergraduate Tuition: $51,763

Explorer Illinois Institute of Technology

All Undergraduate Student Financial Aid

For academic year 2022-2023, total 2,865 students (96% of all undergraduate students) have received grants or scholarships and the average received amount is $36,536. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at Illinois Institute of Technology.
Financial Aid Statistics at Illinois Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,86596%$36,536
Pell Grants87929%$5,034
Federal Student Loans1,09036%$6,887

Beginning Student Financial Aid

For first time, full time beginning students (freshmen), total 496 students (99% of all freshmen) have received any type of financial aid and 496 students (99% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $40,243 and the average amount of student loan aid is $7,227. Next table shows the headcount and average received amount of financial aid by source of the aid at Illinois Institute of Technology.
Beginning Students Financial Aid Statistics at Illinois Institute of Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid49699%-
Grants or Scholarship from All Sources49699%$40,243
Federal Grants18637%$7,402
Pell Grants14930%$5,542
Other Federal Grants18637%$2,963
State/Local Grants13026%$5,425
Institutional Grants49699%$36,045
Student Loans21142%$7,227
Federal Student Loans21142%$5,362
Other Student Loans245%$16,397

Highest Tuition in Illinois

See Colleges having the highest tuition & fees in Illinois
University of Chicago (Chicago) is a Private, 4-years school located in Chicago, IL. The 2023 tuition & fees is $66,939. The school has a total enrollment of 18,339 and student to faculty ratio is 5 to 1 (20.00%).
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Northwestern University (Northwestern) is a Private, 4-years school located in Evanston, IL. The 2023 tuition & fees is $65,997. The school has a total enrollment of 23,161 and student to faculty ratio is 6 to 1 (16.67%).
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Illinois Wesleyan University (Illinois Wesleyan) is a Private, 4-years school located in Bloomington, IL. The 2023 tuition & fees is $55,704. The school has a total enrollment of 1,527 and student to faculty ratio is 11 to 1 (9.09%).
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Knox College (Knox) is a Private, 4-years school located in Galesburg, IL. The 2023 tuition & fees is $55,587. The school has a total enrollment of 1,058 and student to faculty ratio is 9 to 1 (11.11%).
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School of the Art Institute of Chicago (School of the Art Institute of Chicago) is a Private, 4-years school located in Chicago, IL. The 2023 tuition & fees is $54,530. The school has a total enrollment of 3,532 and student to faculty ratio is 11 to 1 (9.09%).
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Lowest Tuition in Illinois

See Colleges having the lowest tuition & fees in Illinois (4 years colleges)
Christian Life College (Christian Life) is a Private, 4-years school located in Mount Prospect, IL. The 2023 tuition & fees is $4,050. The school has a total enrollment of 70 and student to faculty ratio is 5 to 1 (20.00%).
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Morthland College (Morthland) is a Private, 4-years school located in West Frankfort, IL. The 2023 tuition & fees is $6,000. The school has a total enrollment of 126 and student to faculty ratio is 8 to 1 (12.50%).
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Pacific College of Health and Science (Pacific College of Health and Science) is a Private, 4-years school located in Chicago, IL. The 2023 tuition & fees is $7,508. The school has a total enrollment of 233 and student to faculty ratio is 12 to 1 (8.33%).
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American Islamic College (American Islamic) is a Private, 4-years school located in Chicago, IL. The 2023 tuition & fees is $7,650. The school has a total enrollment of 19 and student to faculty ratio is 2 to 1 (50.00%).
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Columbia College - Elgin (Columbia College - Elgin) is a Private, 4-years school located in Elgin, IL. The 2023 tuition & fees is $8,304.
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Rivalry Schools to IIT

Compare similar and rivalry schools to Illinois Institute of Technology with admission, tuition, and more academic facts.
Virginia Polytechnic Institute and State University (Virginia Tech) is a Public, 4-years school located in Blacksburg, VA. The 2023 tuition & fees is $15,478 for Virginia residents and $36,694 for out-of-state students. The school has a total enrollment of 38,170 and student to faculty ratio is 17 to 1 (5.88%).
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The University of Texas at Austin (UT Austin) is a Public, 4-years school located in Austin, TX. The 2023 tuition & fees is $11,678 for Texas residents and $42,778 for out-of-state students. The school has a total enrollment of 52,384 and student to faculty ratio is 18 to 1 (5.56%).
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Pennsylvania State University-Main Campus (Penn State) is a Public, 4-years school located in University Park, PA. The 2023 tuition & fees is $20,234 for Pennsylvania residents and $40,188 for out-of-state students. The school has a total enrollment of 50,028 and student to faculty ratio is 15 to 1 (6.67%).
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University of Tulsa (Tulsa) is a Private, 4-years school located in Tulsa, OK. The 2023 tuition & fees is $48,602. The school has a total enrollment of 3,769 and student to faculty ratio is 10 to 1 (10.00%).
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Ohio State University-Main Campus (OSU) is a Public, 4-years school located in Columbus, OH. The 2023 tuition & fees is $12,859 for Ohio residents and $38,365 for out-of-state students. The school has a total enrollment of 60,540 and student to faculty ratio is 17 to 1 (5.88%).
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North Carolina State University at Raleigh (NCSU) is a Public, 4-years school located in Raleigh, NC. The 2023 tuition & fees is $8,895 for North Carolina residents and $31,767 for out-of-state students. The school has a total enrollment of 36,700 and student to faculty ratio is 16 to 1 (6.25%).
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Florida State University (FSU) is a Public, 4-years school located in Tallahassee, FL. The 2023 tuition & fees is $5,656 for Florida residents and $18,786 for out-of-state students. The school has a total enrollment of 44,161 and student to faculty ratio is 17 to 1 (5.88%).
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Gallaudet University (Gallaudet) is a Private, 4-years school located in Washington, DC. The 2023 tuition & fees is $18,382. The school has a total enrollment of 1,322 and student to faculty ratio is 6 to 1 (16.67%).
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University of Delaware (UD) is a Public, 4-years school located in Newark, DE. The 2023 tuition & fees is $16,080 for Delaware residents and $39,720 for out-of-state students. The school has a total enrollment of 24,039 and student to faculty ratio is 15 to 1 (6.67%).
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University of San Diego (USD) is a Private, 4-years school located in San Diego, CA. The 2023 tuition & fees is $56,444. The school has a total enrollment of 8,815 and student to faculty ratio is 13 to 1 (7.69%).
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Loyola Marymount University (Loyola Marymount) is a Private, 4-years school located in Los Angeles, CA. The 2023 tuition & fees is $58,974. The school has a total enrollment of 10,165 and student to faculty ratio is 11 to 1 (9.09%).
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University of California-Santa Cruz (UC Santa Cruz) is a Public, 4-years school located in Santa Cruz, CA. The 2023 tuition & fees is $14,560 for California residents and $45,337 for out-of-state students. The school has a total enrollment of 19,478 and student to faculty ratio is 23 to 1 (4.35%).
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Illinois Best Colleges

Check out the top colleges in Illinois and compare them to get right decision.

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University of ChicagoPrivate, 4-yearsChicago, IL

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Northwestern UniversityPrivate, 4-yearsEvanston, IL

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Principia CollegePrivate, 4-yearsElsah, IL

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University of Illinois Urbana-ChampaignPublic, 4-yearsChampaign, IL

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Illinois Institute of TechnologyPrivate, 4-yearsChicago, IL

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Wheaton CollegePrivate, 4-yearsWheaton, IL

All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023