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    Illinois Institute of Technology

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    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.

    More on Financial Aid
    Applying for Financial Aid

    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.

    First-Year Student Scholarships

    All domestic first-year students are considered for the Heald scholarship, an institutional tuition award ranging from $60,000 to $120,000 over four years of undergraduate study. No additional application is necessary to be considered for the Heald scholarship. Additional institutional and donor funded scholarships can also be availed and mostly require application.

    Undergraduate Transfer Student Scholarships

    Transfer students are eligible for scholarships between $56,000 and $100,000 over four years of undergraduate study without needing to fill out a separate application. Students who submit an updated FAFSA to Illinois Tech will be considered for additional grants. One as a transfer student can also apply for our institutional scholarships.

    International Undergraduate Student Scholarships

    Illinois Tech is committed to enrolling a diverse and talented student body, and we offer institutional scholarships to international students ranging from $40,000-$100,000 over four years of undergraduate study. Both international first-year and transfer students can get a mix of scholarships and grants, which may include institutional scholarships and Phi Theta Kappa membership. The university automatically checks each application for these scholarships, considering academic performance, community involvement, and other accomplishments. No extra application is needed.

    $71,080,
    Sticker Price
    Cost of Attendance
    $22,166
    Net Price
    Cost of Attendance
    $25,000
    Median Debt
    Cost of Attendance

    Costs

    Tuition
    $50,490
    Books & Supplies
    $1,200
    Room & Board
    $15,240
    Other
    $4,150
    Total
    $71,080

    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.

    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:


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