Illinois Institute of Technology

Private, Four-years School Located in Chicago, IL

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How much is the IIT tuition? For the academic year 2023-2024, IIT's tuition & fees is $51,763.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $73,033 when a student lives on-campus.

IIT Tuition & Expenses

2022-2023 Rate
Tuition & Fees$51,763
Books & Supplies Costs$1,200
On-campus Room & Board$15,570
On-campus Expenses$4,500
Off-campus Room & Board$12,600
Off-campus Expenses$5,200
2023-2024 Projection
Tuition & Fees$50,640

How Much Does it Cost to Go to IIT for 4 Years?

For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $222,788 at IIT. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $310,357. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $153,107.
The following table computes the 4 years tuition and COA by class of year.
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2023-24)$53,291$74,065$36,450
Sophomore (2024-25)$54,864$76,366$37,642
Junior (2025-26)$56,483$78,739$38,872
Senior (2026-27)$58,150$81,187$40,143
4 Years Total$222,788$310,357$153,107
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2024-25)$54,864$76,366$37,642
Sophomore (2025-26)$56,483$78,739$38,872
Junior (2026-27)$58,150$81,187$40,143
Senior (2027-28)$59,866$83,711$41,456
4 Years Total$229,363$320,004$158,112
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2025-26)$56,483$78,739$38,872
Sophomore (2026-27)$58,150$81,187$40,143
Junior (2027-28)$59,866$83,711$41,456
Senior (2028-29)$61,633$86,315$42,812
4 Years Total$236,133$329,952$163,282
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2026-27)$58,150$81,187$40,143
Sophomore (2027-28)$59,866$83,711$41,456
Junior (2028-29)$61,633$86,315$42,812
Senior (2029-30)$63,453$88,999$44,212
4 Years Total$243,103$340,212$168,623
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2027-28)$59,866$83,711$41,456
Sophomore (2028-29)$61,633$86,315$42,812
Junior (2029-30)$63,453$88,999$44,212
Senior (2030-31)$65,325$91,768$45,659
4 Years Total$250,278$350,793$174,139

Average Tuition By School Type and Comparison

Compared to four-years schools nationwide, IIT' tuition is much higher than the average tuition of $20,937. Compared to private, four-years colleges in Illinois, its tuition is much higher than the average tuition of $21,542.
In-StateOut-of-State
Illinois Institute of Technology$51,763
U.S. Four-years Colleges$18,672
Public Schools$7,199$12,960
Private Schools$20,937
Illinois Four-years Colleges$19,795
Public Schools$10,585$13,638
Private Schools$21,542

Compare Similar School's Tuition

The next table compares the tuition & fees between IIT and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
LocationUndergraduateGraduate
Illinois Institute of TechnologyChicago, IL$51,763$33,810
Brigham Young UniversityProvo, UT$6,496$8,096
Washington University in St LouisSaint Louis, MO$62,982$62,366
Drexel UniversityPhiladelphia, PA$60,663$37,074
Villanova UniversityVillanova, PA$64,701$21,361
Boston UniversityBoston, MA$65,168$64,712
American UniversityWashington, DC$56,543$33,239
George Washington UniversityWashington, DC$64,990$35,154
Marquette UniversityMilwaukee, WI$48,700$23,845
University of DenverDenver, CO$59,340$58,347
Syracuse UniversitySyracuse, NY$63,061$46,318

Financial Aid and COA

At Illinois Institute of Technology, 2,865 students (96%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $36,536.
After receiving financial aid, the cost of attendance (COA) at IIT is $36,497 for students living on-campus and $34,227 for students living off-campus.
For beginning students (i.e. first-time freshmen), 496 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $40,243 and the average amount of student loans is $7,227.
The financial aid data is based on 2021-2022 statistics from IPEDS.
COA (on-campus)$73,033
COA (off-campus)$70,763
Tuition & Fees$51,763
Indirect Costs (on-campus)$21,270
Indirect Costs (off-campus)$19,000
COA (on-campus) after Receiving Aid$36,497
COA (off-campus) after Receiving Aid$34,227
Average Financial Aid$36,536
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Grant or Scholarship2,86596%$36,536
Pell Grants87929%$5,034
Federal Student Loan1,09036%$6,887
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Financial Aid49699%-
Grants or Scholarships49699%$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 Loan Aid21142%$7,227
Federal Student Loans21142%$5,362
Other Student Loans245%$16,397

Admission Stats and Requirements to Apply

IIT's acceptance rate is 66.11%. A total of 6,521 applicants applied to and 4,311 students were accepted. Of the admitted students, 505 enrolled finally, and the yield (i.e. enrollment rate) is 11.71%.
To apply to IIT, 3 items are required - Secondary school record, Recommendations and TOEFL (Test of English as a Foreign Language) and 3 items are recommended to submit - Secondary school GPA, Secondary school rank and Completion of college-preparatory program. SAT and ACT scores are considered during the admissions process but are not required to be submitted.
TotalMenWomen
Applicants6,5214,268$2,253
Admitted4,3112,703$1,608
Enrolled505343$162
Acceptance Rate66.11%63.33%71.37%
Yield (Enrollment Rate)11.71%12.69%10.07%
Secondary school GPARecommended
Secondary school rankRecommended
Secondary school recordRequired
Completion of college-preparatory programRecommended
RecommendationsRequired
Formal demonstration of competenciesNeither Required Nor Recommended
Admission test scoresConsidered But Not Required
TOEFL (Test of English as a Foreign Language)Required
Other Test (Wonderlic, WISC-III, etc.)Neither Required Nor Recommended

SAT and ACT Scores

The SAT and ACT scores are considered but not required to apply to IIT. The average SAT score of the enrolled first-time students is 1,320 and the average ACT score (ACT composite) is 29.
Its SAT score is higher than the national average score of 1,168. The ACT score is higher than the national average score of 24.
Average25th75th
SAT Total1,3201,2301,410
National Average1,168
Illinois Average1,140
SAT EBRW640600680
SAT Math680630730
ACT Composite292632
National Average24
Illinois Average25
ACT Math292632
ACT English292533

Student Population

Illinois Institute of Technology has a total of 6,943 students including 3,125 undergraduate and 3,818 graduate students. By gender, there are 4,111 male students and 2,375 female students attending IIT. The school offers online degree programs and 1,012 students enrolled online exclusively (14.58% of all students).
TotalMaleFemale
Total6,486 4,1112,375
Undergraduate2,998 2,025973
Graduate3,488 2,0861,402

Directory & Academic Information

Directory Information
Address10 West 35th Street, Chicago, IL
Phone312-567-3000
WEBweb.iit.edu/
Degree & Programs
DegreeUndergraduate, Graduate
Program Offered150 Programs
Online Program Offered7 Online Programs
Graduate Program Offered97 Graduate Programs
Academic Stats
Acceptance Rate61.44%
Yield13.93%
Student Population6,943
Graduation Rate75%
Transfer-out Rate13%
Retention Rate85% (Full-time), 67% (Part-time)
Students to Faculty Ratio Rate13 to 1
Faculty & Staffs
Number of Faculties387
Number of Staffs1,019 (Full-time), 285 (Part-time)
Average Faculty Salary$118,842
Average Staff Salary$76,603