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Illinois Institute of Technology: cost, admission and results

Illinois Institute of Technology is a private nonprofit college in Chicago, Illinois. It has about 2,833 undergraduate students. It admits 55% of applicants. The average net price for students with federal aid is $22,443 a year.

At a glance

  • 55%Admission rate
  • $22,443Net price a year
  • 71%Graduation rate
  • $90,804Median earnings, 10 years on
Location
Chicago, Illinois 60616
Type
Private nonprofit
Degrees
Mostly bachelor's degrees (four-year)
Setting
Large city
Undergraduate students
2,833
Graduate students
5,699
Students per teacher
14 to 1
Accredited by
Higher Learning Commission
Website
iit.edu

Getting in

Illinois Institute of Technology admits 55% of those who apply, which makes it moderately selective. The median admission rate of colleges on this site that report one is 77%. The average SAT score of admitted students is 1311 out of 1600 (midpoints: 640 in reading and writing, 680 in maths). The midpoint ACT score is 29 out of 36.

What it costs

Tuition and fees for a year$53,398
Room and meals on campus$18,130
Books and supplies$1,240
Average full cost of a year (tuition, living, books), before aid$69,234
Average net price after grants and scholarships$22,443

The net price is what students who got federal aid paid on average for a year after grants and scholarships were taken off. It is 30% above the median net price of colleges in Illinois on this site ($17,318). International students normally pay the published tuition and do not receive US federal aid.

Net price by family income

Family income a yearAverage net price
Up to $30,000$17,590
$30,001 to $48,000$17,829
$48,001 to $75,000$18,136
$75,001 to $110,000$26,979
Above $110,000$35,019

For students who received federal aid. A negative figure means grants were larger than the cost counted.

For an estimate that fits your own family, use the college's net price calculator.

Results

MeasureThis collegeIL medianUS median
Students who come back for a second year86%72%73%
Students who finish their degree (within one and a half times the normal length)71%53%49%
Median earnings 10 years after starting$90,804$58,865$53,132
Median federal loan debt of those who finish$22,000$19,684$19,994

Medians are the middle value of the colleges on this site in Illinois and in the whole country. Completion and return rates count first-time, full-time students. Earnings and debt count students who received federal aid.

The students

38% of undergraduates receive a Pell Grant, the federal grant for students from lower-income families. 30% take a federal student loan. The undergraduate body is 34% women and 66% men. By undergraduate numbers it is number 29 of the 88 colleges in Illinois on this site that report a size; the middle-sized one has 1,667.

Other colleges in Illinois of a similar size

Common questions

What is the acceptance rate of Illinois Institute of Technology?

Illinois Institute of Technology admits 55% of applicants, according to the College Scorecard.

How much is tuition at Illinois Institute of Technology?

Published tuition and fees are $53,398 a year. Most students with aid pay less: see the net price.

What is the graduation rate of Illinois Institute of Technology?

71% of first-time, full-time students finish within one and a half times the normal length of the course.

Source: College Scorecard, U.S. Department of Education, data released on 2 November 2026; checked in November 2026. Net price, debt and earnings describe students who received US federal aid. Costs change each year. This is official data for general information, not advice: confirm costs and admission rules on the college's own website and at collegescorecard.ed.gov.

All colleges in Illinois How to read these figures