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Overview
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Admissions
Financials active icon
Financials
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Academic
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Campus Life
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Students
In-state
Out-of-state
Cost of Attendance :
$73,621

Installment Plan Available

Tuition & Fees :
$51,393
Room & Board :
$16,528
Books & Supplies :
$1,200
Other Expenses :
$4,500
Scholarship Finder
Applying For Financial Aid
Applying For Financial Aid
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Email
admission@iit.edu
Website
Financial Aid Website
Net Price Calculator
Tap Here
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 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
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Freshman
Financial Aid Applicants
456 (86.4%) of freshmen
Found to Have Financial Need
414 (90.8%) of applicants
Received Financial Aid
414 (100.0%) of applicants with financial need
Need Fully Met
68 (16.4%) of aid recipients
Average Percent of Need Met
87%
Average Award
$51,229
Need-Based Gift
Received by 412 (99.5%) of aid recipients, average amount $47,812
Need-Based Self-Help
Received by 219 (52.9%) of aid recipients, average amount $4,042
Merit-Based Gift
Received by 61 (14.7%) of aid recipients
113 (21.4%) of freshmen had no financial need and received merit aid, average amount $29,083
All Undergraduates
Financial Aid Applicants
1,922 (72.7%) of undergraduates
Found to Have Financial Need
1,759 (91.5%) of applicants
Received Financial Aid
1,759 (100.0%) of applicants with financial need
Need Fully Met
290 (16.5%) of aid recipients
Average Percent of Need Met
82%
Average Award
$48,214
Need-Based Gift
Received by 1,756 (99.8%) of aid recipients, average amount $43,609
Need-Based Self-Help
Received by 923 (52.5%) of aid recipients, average amount $5,528
Merit-Based Gift
Received by 261 (14.8%) of aid recipients
830(31.4%)of undergraduates had no financial need and received merit aid,average amount $29,357
All Undergraduates
2024 Graduates Who Took Out Loans
53%
Average Indebtedness of 2024 Graduates
$30,454
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Other Loans
College/University 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 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2024 Peterson's LLC. All rights reserved.