Chicago City Wire

Chicago City Wire

Monday, February 24, 2020

Cost of college went up for all students at Illinois Institute of Technology

Schools

By Local Labs News Service | Jul 3, 2018

Collegeclassroom577

Tuition and fees rose 1.4 percent for 2017-18 at Illinois Institute of Technology, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $45,864 to attend the four-year private not-for-profit institution this year $650 more than the $45,214 charged for 2016-17.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 479 students received grants or scholarships totaling $15.36 million and 235 students took out student loans totaling more than $1.6 million.

Including all undergraduates, 2,773 students used grants or scholarships totaling $78.42 million. Another 1,250 took out $9.91 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~4,406
$41,645
$43,680
$45,214
$45,864
10.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Illinois Institute of Technology in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
152
32%
$908,616
$5,978
State / local grant or scholarship
140
29%
$538,394
$3,846
Institutional grants or scholarships
479
100%
$13,913,237
$29,046
Grant or scholarship aid total
479
100%
$15,360,247
$32,067
Federal student loans
227
47%
$1,339,628
$5,901
Other student loans
23
5%
$263,893
$11,474
Student loan aid
235
49%
$1,603,521
$6,823
Total student aid
479
100%

Want to get notified whenever we write about Illinois Institute of Technology ?

Sign-up Next time we write about Illinois Institute of Technology, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Illinois Institute of Technology

More News