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The Illinois Institute of Technology (IIT) is an elite private research university situated in Chicago. Renowned for its rich history and dedication to innovation, IIT provides an impressive range of academic programs for students looking for an exceptional educational experience. Elevate, IIT's signature program, provides students with hands-on experiences and personalized mentoring that enables them to apply classroom knowledge in real life situations and gain invaluable skills that can set them apart for future career success.
Overview of Illinois Institute of Technology (IIT)
IIT stands out among its peers by its commitment to giving students real-world opportunities. Through its partnerships with various industries, the university provides internships, co-ops, and research experiences that allow students to apply their classroom learning while developing practical skills. IIT ranks number one in Illinois among private colleges for return on investment and graduates boast an incredible 92.8% employment rate within six months of graduation - evidence that these students are prepared to enter the workforce and excel in their chosen fields.
General Information
School Type | Private not-for-profit |
---|---|
Campus Setting | City: Large |
Campus Housing | Yes |
Student Faculty Ratio | 13 : 1 |
Graduation Rate | 75% |
Year Founded | 1940 |
Student Enrollment
Total Students6,943
3,125
3,818
Undergraduate Student
Male 2,125
Female 1,000
Graduate Student
Male 2,596
Female 1,222
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Top Rankings For Illinois Institute of Technology
APPLICATIONS7,243
ACCEPTANCE4,418
Acceptance Rate61%
Enrollment 619
Admissions | |
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Application Fee | NA |
High School GPA | Not Required, But Considered |
High School Rank | Not Required, But Considered |
High School Transcripts | Required To Be Considered |
College Prep Courses | Required To Be Considered |
Recommendations | Required To Be Considered |
Formal demonstration of competencies | Not Required, But Considered |
Work experience | Not Required, But Considered |
Personal statement or essay | Required To Be Considered |
Legacy status | Not Considered |
SAT/ACT | Not Required, But Considered (Test Optional) |
Other Test (Wonderlic,WISC-III,etc) | Not Required, But Considered (Test Optional) |
English Proficiency Test | Required To Be Considered |
Application Deadline | August 1 |
Common Application Accepted | Yes |
IIT Tuition Cost & Financial Aid
Tuition costs play an essential part in student decisions; therefore, it's crucial for prospective students to understand all financial implications when making their college selection. The Illinois Institute of Technology charges different tuition fees for its undergraduate and graduate programs, as do most institutions, and the average tuition fee varies by program type.
However, undergraduate tuition at IIT averaged an estimated $50,640 in 2022-23 for undergraduate programs. Additional expenses such as technology fees, lab fees, books and supplies (estimated $1,200), room and board ($15,570), health insurance costs, and other costs or charges ($4,500) may apply; these supplementary costs vary based on specific program and individual circumstances. Graduate program tuition fees depend on the field of study. For accurate tuition costs for each graduate program, visit IIT's official website or reach out to its admissions office.
Estimating the total costs during academic year of 2022-23, they were around $72,000 for the full year. This estimated total includes tuition, fees, housing, meals, books, and personal expenses. This cost is why it’s so important that students prepare themselves financially by budgeting ahead. However, IIT provides various forms of financial assistance options to assist its students with managing the burdens associated with higher education such as scholarships, grants, work-study programs, and student loans. Students should explore all available opportunities by connecting with its Office of Financial Aid to determine eligibility and application procedures. The average net price after financial aid had been applied in the 2021-22 year was just $28,702.
Average net price | 2021-2022 |
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Net Price | $28,702 |
Average Total Aid | $40,243 |
Students Receiving Financial Aid | 99% |
Room & Board | $15,570 |
Sticker Price
- Tuition In-State - $50,640
- Tuition Out-of-State - $50,640
- Books and Supplies - $1,200
- Room & Board - $15,570
- Other - $4,500
Popular Academic Programs at IIT
With its wide array of academic programs, Illinois Institute of Technology (IIT) gives its students numerous options to follow their passions. Ranging from degrees in manufacturing engineering and engineering management to physical and social sciences programs, its vast range of disciplines provides plenty of choices for students to discover their true callings. Again, IIT stands out among its academic counterparts by emphasizing hands-on experiences and personalized mentorship for its students through its Elevate program. Students will have multiple opportunities to put classroom knowledge to real-life use through internships, research experiences, competitions, and study away options (another term for study abroad opportunities in other countries). IIT makes sure that students gain practical skills that will serve them well in future careers.
IIT also provides more than just academic programs; students interested in entrepreneurship also have access to state-of-the-art maker spaces and mentorship for exploring innovative ideas into successful ventures. With an entrepreneurial mindset and spirit, students can turn their creative thoughts into successful ventures. At IIT, students benefit from personalized attention and guidance from faculty and staff who are fully invested in their success and who provide transformative educational experiences to equip graduates for success across industries.
Retention
Rate
4 year
Graduation
Rate
6 year
Graduation
Rate
Student Population Total
Student Population 6,943
3,125
3818
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
All Engineering Majors | 257 Total Graduates / 41% |
---|---|
Mechanical Engineering | 73 Graduates |
Bioengineering and Biomedical Engineering | 34 Graduates |
Civil Engineering, General | 31 Graduates |
Aerospace, Aeronautical, and Astronautical/Space Engineering, General | 28 Graduates |
All Computer and Information Sciences Majors | 172 Total Graduates / 27% |
Computer Scienc | 107 Graduates |
Information Technology | 53 Graduates |
Computer and Information Sciences, General | 6 Graduates |
Artificial Intelligence | 4 Graduates |
Architecture and Related Services | 76 Total Graduates / 12% |
Architectural and Building Sciences/Technology | 76 Graduates |
All Psychology Majors | 23 Total Graduates / 4% |
Research and Experimental Psychology, Other | 22 Graduates |
Clinical Psychology | 1 Graduates |
All Physical Sciences Majors | 21 Total Graduates / 3% |
Physics, General | 11 Graduates |
Astrophysics | 4 Graduates |
Chemistry, General | 3 Graduates |
Forensic Chemistry | 3 Graduates |
All Other Diplomas | 12% |
Outcome & Salary
Graduate outcomes at IIT are both impressive and satisfying. Boasting an expansive alumni network, with over 80,000 members, IIT students benefit from accessing numerous career services and resources to assist them with pursuing professional endeavors successfully. Handshake, an effective online platform that connects students with internship and job opportunities from top employers worldwide, can provide students with career support during their academic journey and beyond. Through Handshake, students can explore internships or full-time positions that align with their interests and career goals.
IIT also hosts career fairs regularly, giving students an opportunity to meet with recruiters from a range of industries and gain invaluable industry insight. Students have the chance to showcase their abilities while meeting potential recruiters through this platform. IIT also provides professional development workshops designed to further prepare its students for career success such as resume writing, interview preparation, and networking strategies. These sessions equip them with essential skills needed to stand out in today's highly competitive job market.
Graduates Salary | |
---|---|
College Grads Early Career Salary | $70,300 |
College Grads Average Salary | $88,000 |
College Grads Mid Career Salary | $127,000 |
Return on Investment (ROI) | |
---|---|
10 Year Salary Earnings Potential | $880,000 |
20 Year Salary Earnings Potential | $2,150,000 |
Cost of Education (Net Price) 4 Year | $114,808 |
10 Year Projected ROI | $765,192 |
20 Year Projected ROI | $2,035,192 |
No College Education Salary Comparison | |
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National Average Salary | $38,792 |
10 Year Projected Income | $387,920 |
20 Year Projected Income | $775,840 |
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