More selective than 81% of Illinois colleges we cover.
College Scorecard, Fall 2024 entering class
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $68,164. College Scorecard.
Higher than 88% of Illinois colleges we cover and 86% of colleges nationwide. U.S. median 54%.
Within 6 years · College Scorecard
Higher than 95% of Illinois colleges we cover and 94% of colleges nationwide. U.S. median $53,263.
Median, 10 years after starting · College Scorecard
Illinois Institute of Technology acceptance rate & admissions
Of 8,912 applicants, Illinois Institute of Technology admitted 4,939 and 534 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1180–1440 on the SAT or 26–32 on the ACT.
IPEDS Admissions, Fall 2023 entering class
Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS
Illinois Institute of Technology tuition, cost & net price
What families actually pay per year, by income
Average net price after grants and scholarships for students who receive federal aid. Tap your income band.
College Scorecard, latest reported year (federal aid recipients)
Sticker price (before aid)
IPEDS 2023-24 cost items; total from College Scorecard
College Scorecard; Urban Institute Education Data Portal
What Illinois Institute of Technology costs to finish, and how fast it pays back
Graduates of Illinois Institute of Technology took 4.6 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Illinois. The figures follow your residency and income choices above.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | $12,964 | $59,505 | 1.3 years |
| $30–48k | $13,415 | $61,575 | 1.3 years |
| $48–75k | $17,217 | $79,026 | 1.7 years |
| $75–110k | $21,858 | $100,328 | 2.1 years |
| $110k+ | $29,950 | $137,471 | 2.9 years |
Cost to finish = yearly price × 4.6 years, the average time graduates took (35% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($82,592) minus $35,797 for high school graduates ages 25-34 in IL (Census ACS 2020-2024), a gain of $46,795 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.
Illinois Institute of Technology majors, earnings & careers
Illinois Institute of Technology offers 44 bachelor's majors across 8 areas. Earnings below are for this school's graduates of each major, four years after finishing.
- Engineering · 14
- Science & Math · 8
- Social Sciences & Public Service · 8
- Technology & Computing · 4
- Business & Finance · 3
- Communications & Media · 3
- Humanities & Languages · 3
- Health & Medicine · 1
Highest-earning majors at Illinois Institute of Technology
| Major | Earnings, 4 yrs | Median debt |
|---|---|---|
| Computer Science | $120,953 | $23,250 |
| Computer Engineering | $114,930 | $26,500 |
| Aerospace, Aeronautical, and Astronautical / Space Engineering | $110,956 | $27,000 |
| Electrical Engineering | $98,743 | $25,500 |
| Computer and Information Sciences | $97,153 | $24,750 |
| Biomedical Engineering | $88,378 | $27,000 |
| Civil Engineering | $87,884 | $26,000 |
| Mechanical Engineering | $87,789 | $27,000 |
Quick list of all 44 majors
- Aerospace, Aeronautical, and Astronautical / Space Engineering$110,956
- Applied Mathematics—
- Architectural Engineering—
- Architectural Sciences and Technology—
- Architecture$68,358
- Astronomy and Astrophysics—
- Behavioral Sciences—
- Biochemistry—
- Biology—
- Biomathematics, Bioinformatics, and Computational Biology—
- Biomedical Engineering$88,378
- Broadcasting / Digital Media—
- Business Administration$57,960
- Chemical Engineering$84,876
- Chemistry—
- Civil Engineering$87,884
- Communication, Journalism, and Related Programs, Other—
- Computer and Information Sciences$97,153
- Computer Engineering$114,930
- Computer Science$120,953
- Computer Systems Networking and Telecommunications—
- Economics—
- Economics and Computer Science—
- Electrical Engineering$98,743
- Engineering—
- Engineering Physics—
- Engineering-Related Fields$84,305
- Information Technology—
- International / Global Studies—
- Liberal Arts / General Studies—
- Management Science / Analytics—
- Materials Engineering—
- Mechanical Engineering$87,789
- Pharmacy, Pharmaceutical Sciences, and Administration—
- Physics—
- Political Science—
- Psychology—
- Psychology (Clinical / Counseling)—
- Psychology (Research)—
- Psychology, Other—
- Public Relations and Advertising—
- Social Sciences—
- Sociology—
- Statistics—
— means too few graduates to report earnings.
College Scorecard field of study, latest release
All majors by area with earnings 1 and 4 years out, and debt →Mechanical Engineering → Mechanical engineer
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 11.2% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Computer and Information Sciences → Software developer
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.2% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Living in Chicago
Overall prices in the Chicago-Naperville-Elgin, IL-IN area.
BEA Regional Price Parities, 2024
2 bedrooms $2,011. Housing costs 12% above the U.S. average.
HUD Fair Market Rent, FY2027
January and July average highs. 44 inches of rain a year, 39 inches of snow.
NOAA Climate Normals 1991-2020
Highest: tornado (very high); river flooding (very high); heat wave (very high); winter weather (very high).
FEMA National Risk Index, Cook County
Campus & students
IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute
Cook County at a glance
U.S. Census Bureau, ACS 5-year 2024
Compare Illinois Institute of Technology with similar schools
Similar private colleges in Illinois by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.
| School | Acceptance | You'd pay | Graduation | Earnings, 10 yrs | Price gap |
|---|---|---|---|---|---|
| Illinois Institute of Technology | 55% | $18,425 | 75% | $82,592 | This school |
| Lake Forest College | 57% | $28,673 | 78% | $61,825 | |
| Augustana College | 63% | $22,736 | 73% | $62,971 | |
| Olivet Nazarene University | 56% | $20,729 | 61% | $53,213 | |
| Elmhurst University | 74% | $24,185 | 70% | $61,462 |
College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.
Why the price is different
Illinois Institute of Technology would cost you $10,248 less per year than Lake Forest College, on average.
- Lower sticker price at Illinois Institute of Technology, mostly from lower tuition & fees (−$4,016).
- Illinois Institute of Technology gives aided families $7,757 more in grants, on average.
| Per year, Illinois resident | Illinois Institute of Technology | Lake Forest College | Difference |
|---|---|---|---|
| Tuition & fees | $52,386 | $56,402 | −$4,016 |
| Books & supplies | $1,200 | $1,350 | −$150 |
| Housing & meals | $16,528 | $12,480 | +$4,048 |
| Personal & travel | $3,500 | $3,318 | +$182 |
| Living-at-home adjustment | −$5,450 | −$2,895 | −$2,555 |
| Sticker price | $68,164 | $70,655 | −$2,491 |
| Average grants | −$49,739 | −$41,982 | −$7,757 |
| You pay | $18,425 | $28,673 | −$10,248 |
“+” means Illinois Institute of Technology costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.
Common questions about Illinois Institute of Technology
What is the Illinois Institute of Technology acceptance rate?
Illinois Institute of Technology accepts 55% of applicants (College Scorecard). In the latest IPEDS admissions year, 4,939 of 8,912 applicants were admitted. The middle half of enrolled first-year students scored 1180–1440 on the SAT or 26–32 on the ACT.
How much does Illinois Institute of Technology cost per year?
The sticker price (cost of attendance) is $68,164 a year. After grants and scholarships, students receiving federal aid pay $18,425 a year on average; families earning $0–30k pay $12,964 and families earning $110k+ pay $29,950.
How much do Illinois Institute of Technology graduates earn?
Former Illinois Institute of Technology students earn a median $82,592 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.
What is the Illinois Institute of Technology graduation rate?
75% of first-time, full-time students graduate within six years, and 86% return for their second year.
How long does a Illinois Institute of Technology degree take to pay off?
For a family earning $48–75k, finishing at Illinois Institute of Technology costs about $79,026 after grants ($17,217 a year for 4.6 years, the average time graduates took). Former students earn a median $82,592 ten years after starting, $46,795 more than high school graduates in Illinois ($35,797), so the cost is repaid in 1.7 years of that gain, before taxes and interest (EducationGuide calculation).
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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Illinois Institute of Technology: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/illinois-institute-of-technology (College Scorecard and IPEDS data).