Affordability Overview
From Illinois Tech
Founded in 1890, the Illinois Institute of Technology was established to elevate individuals from various backgrounds through educational offerings designed to meet contemporary needs. One hundred and thirty years later, our commitment to this goal remains unwavering.
Our Financial Aid Office provides students with knowledge, empowerment, and support regarding financial aid possibilities and resources, all in a friendly and accessible environment.
Scholarships Overview
From Illinois Tech
Rooted in our shared mission of advancing opportunity through education, we at Illinois Tech have several of its own competitive scholarship programs that are open to both undergraduate and graduate students. All domestic undergraduate first-year and transfer students are automatically considered for scholarships that cover a generous portion of expenses such as tuition.
Costs
The sticker price at Illinois Tech is $71,080. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
Using State Grants at Illinois Tech
Illinois residents considering Illinois Tech should be sure to look into the MAP program. In-state students who demonstrate financial need can qualify for MAP grant money from the state as long as the program is on the list of approved colleges. The program can pay up to $8,400 per year towards your education. Approved schools include both public and private options.
Apply to these scholarships due soon
See more Illinois scholarships
Illinois Institute of Technology Financial Aid
Students who are applying for financial aid at Illinois Institute of Technology need to submit the Free Application for Federal Student Aid (or FAFSA).The FAFSA opens up on October 1st, and students should apply as soon as they can! The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Illinois Institute of Technology is 001691.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
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Pell Grants at Illinois Institute of Technology
30% of students at Illinois Institute of Technology receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Illinois Institute of Technology.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Illinois Tech students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources: