Financial Aid
Tuition, fees, and financial assistance information for Illinois Institute of Technology
In-State Tuition
$49,607
Out-of-State Tuition
$49,607
Average Net Price
$25,001
Price Difference
$24,606
Avg. financial aid
Tuition & Fees
Annual tuition for residents of IL
Annual tuition for non-residents
Average amount students pay after grants and scholarships
Net Price by Family Income
Average net price for students receiving Title IV federal financial aid (2022-23)
$0 - $30,000
$13,222
$30,001 - $48,000
$15,488
$48,001 - $75,000
$16,566
$75,001 - $110,000
$22,765
Over $110,000
$31,456
Financial Aid Overview
For first-time, full-time undergraduate students (2022-23)
Students Receiving Any Financial Aid
600 of 603 students
Grants & Scholarships
Recipients
600 (100%)
Average Award
$43,437
Federal Pell Grants
Recipients
230 (38%)
Average Award
$5,805
Aid by Source
State & Local Grants
214 recipients (35%)
$6,812 avg
Institutional Grants
600 recipients (100%)
$38,325 avg
Student Loans
Federal student loan data for all undergraduates (2022-23)
Total Borrowers
1,019
33% of students
Average Loan Amount
$6,848
Financial Aid Resources
Net Price Calculator
Estimate your actual cost after financial aid
Financial Aid Office
Learn about available aid programs and apply
FAFSA Information
Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.
Apply for FAFSA →Payment Plans Available
Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:
- Monthly payment plans
- Deferred payment options
- Employer tuition assistance programs
Quick Links
Need Help?
Contact the financial aid office for personalized assistance with:
- Scholarship opportunities
- Grant eligibility
- Work-study programs
- Payment plan options
Phone
3125673000Federal School Codes
Use these codes when applying for federal financial aid