National university
#25 Best value colleges in the Midwest in AmericaIllinois Institute of Technology
Chicago, IL · Private nonprofit · 4-year
Your real cost
Average price after aid About $18,000 a year
Median debt at graduation: $25,000 (all students)
Estimate your own price · the college’s net price calculator
Rankings
Where this college places on our top lists. Lists are worked out from official data and our own research; places in the top quarter of each list are shown. See every list
In America
- Best colleges for business in America#137 of 1,563
- Colleges that pay for themselves fastest in America#55 of 598
- Best colleges for communications and journalism in America#119 of 1,238
- Colleges with the best earnings for the price in America#66 of 681
- Colleges with the biggest discount off the sticker price in America#76 of 690
- Best colleges in America#214 of 1,829
Show 15 more
- Best colleges for psychology in America#168 of 1,418
- Best test-optional colleges in America#185 of 1,481
- Best colleges for biology and pre-med in America#171 of 1,358
- Best colleges in the Chicago area#5 of 39
- Best value colleges in the Midwest in America#25 of 177
- Best mid-size colleges in America#96 of 667
- Colleges with the highest graduation rates in America#270 of 1,829
- Best colleges for chemistry in America#172 of 1,162
- Best colleges for political science and pre-law in America#168 of 1,116
- Best colleges for computer science in America#120 of 750
- Best value colleges in America#111 of 674
- Best colleges for engineering in America#130 of 749
- Best colleges for NCAA Division III athletes in America#75 of 430
- Most affordable colleges with strong academics in America#142 of 690
- Best colleges for economics in America#167 of 788
In Illinois
- Best colleges for business in Illinois#5 of 52
- Best colleges in Illinois#6 of 57
- Best test-optional colleges in Illinois#6 of 56
- Best colleges for psychology in Illinois#6 of 49
- Colleges with the highest graduation rates in Illinois#7 of 57
- Best colleges for biology and pre-med in Illinois#6 of 48
Show 14 more
- Best colleges for communications and journalism in Illinois#6 of 48
- Best colleges for chemistry in Illinois#6 of 46
- Best colleges for political science and pre-law in Illinois#6 of 44
- Colleges with the biggest discount off the sticker price in Illinois#3 of 21
- Best colleges for computer science in Illinois#6 of 39
- Colleges that pay for themselves fastest in Illinois#3 of 19
- Best mid-size colleges in Illinois#4 of 24
- Best colleges for economics in Illinois#6 of 34
- Best colleges for engineering in Illinois#5 of 27
- Best colleges for NCAA Division III athletes in Illinois#4 of 21
- Colleges with the best earnings for the price in Illinois#5 of 21
- Most selective colleges in Illinois#5 of 21
- Best value colleges in Illinois#6 of 21
- Best value colleges in the Midwest in Illinois#6 of 21
Academic Excellence
Each measure counts for the share shown.
- Graduation rate 35% of scoreThis measure counts for 35% of the Academic Excellence score.75%
- First-year retention 20% of scoreThis measure counts for 20% of the Academic Excellence score.86%
- Entering students' test scores 15% of scoreThis measure counts for 15% of the Academic Excellence score.SAT 1,311 · ACT 29
- Student-to-faculty ratio 15% of scoreThis measure counts for 15% of the Academic Excellence score.14 to 1
- Instructional spending per student 15% of scoreThis measure counts for 15% of the Academic Excellence score.$11,936
Bars show points on each measure’s scale. How Academic Excellence is computed.
Source: College Scorecard (College Scorecard, most recent cohorts (data release 06/10/2026))
What families pay, by income
Average paid by families who received aid, by income. Families who get no aid pay the full cost of attendance: $68,164 a year.
| Family income | Price after aid |
|---|---|
| Up to $30,000 | |
| $30,001–$48,000 | |
| $48,001–$75,000 | |
| $75,001–$110,000 | |
| Over $110,000 |
Use the college’s net price calculator for your own estimate.
Cost and value
Federal data: what families pay after aid, what graduates earn, and what they owe.
| Undergraduate students Fall enrollment (IPEDS) | 3,316 |
|---|---|
| Men and women College Scorecard, fall 2023 | Men 66% · Women 34% |
| First-generation students College Scorecard | 32% |
| Total students | 8,563 |
| Average net price (per year) After grants and scholarships, for students receiving federal aid | About $18,000 |
| Cost of attendance (per year) | $68,164 |
| Median federal debt at graduation | $25,000 |
| Graduation rate First-time, full-time students finishing within 150% of normal time | 75% |
| Graduation rate for Pell grant recipients College Scorecard, within 6 years | 69% |
| Graduation rate for first-generation students College Scorecard, within 6 years | 68% |
| Borrowers paying down their loans within 3 years College Scorecard, within 3 years | 80% |
| First-year retention | 86% |
| Median earnings 10 years after entry | $82,592 |
| Admission rate | 55% |
| Application fee IPEDS, 2023–24 | No application fee |
| Early decision deadline College website, 2026-27 | November 1 |
| Early action deadline College website, 2026-27 | November 15 |
| Regular decision deadline College website, 2026-27 | July 15 |
| Typical rent HUD fair market rent, FY2026 | About $1,581 a month for a one-bedroom |
| Students receiving Pell grants | 30% |
| Average SAT | 1311 |
|---|---|
| SAT reading & writing | 590–720 |
| SAT math | 590–720 |
| ACT composite | 26–32 |
| Test policy | Considered but not required |
Value: Excellent · Top 17% (how it’s computed)
Sources: College Scorecard · IPEDS College Navigator · Net price calculator
College Scorecard, most recent cohorts (data release 06/10/2026); IPEDS 2024-25 directory and institutional characteristics; fall 2023 enrollment.
Earnings by major
Median earnings of bachelor’s graduates a few years after finishing, by major (College Scorecard).
| Major | Median earnings |
|---|---|
| Computer science | |
| Computer engineering | |
| Aerospace, Aeronautical, and Astronautical/Space Engineering | |
| Electrical engineering | |
| Computing and information science | |
| Biomedical/Medical Engineering | |
| Civil engineering | |
| Mechanical engineering | |
| Chemical Engineering | |
| Engineering-Related Fields | |
| Architecture | |
| Business administration |
Also offered (no earnings published yet): Applied mathematics, Architectural Engineering, Architectural Sciences and Technology, Astronomy and Astrophysics, Behavioral Sciences, Biochemistry, Biology, Biomathematics, Bioinformatics, and Computational Biology, Broadcasting, Chemistry, Clinical and counseling psychology, Economics, Economics and Computer Science, Engineering (general), Engineering Physics, Experimental psychology, Global studies, Information technology, Liberal arts, Management science, Materials Engineering, Networking, Other communication, journalism, and related programs, Other psychology, Pharmacy, Pharmaceutical Sciences, and Administration, Physics, Political science, Psychology, Public relations, Social sciences, Sociology, Statistics.
What students study most
Share of bachelor’s degrees by field, first majors in 2023–24 (IPEDS).
| Field | Share of degrees |
|---|---|
| Engineering | |
| Computer and information sciences | |
| Architecture | |
| Engineering technologies | |
| Biology |
Campus life
| School colors | |
|---|---|
| Setting | City |
| Part-time undergraduates | 6% |
| Undergraduates aged 25 and older | 10% |
| On-campus room and board (per year) | $17,356 |
| Sports | NCAA Division III · Northern Athletics Collegiate Conference |
| ROTC | Army · Navy · Air Force |
| Study abroad | Offered |
| Students per faculty member | 14 to 1 |
| Disability services | Visit the office’s pageThe college’s own page |
| Faculty who are full-time | 60%College Scorecard, fall 2023 |
| Endowment per student | $34,735IPEDS, 2023, per student |
| Dorm space | For about 52% of studentsBeds per undergraduate; not who lives on campus |
| Nearest airport with airline service | Chicago Midway International Airport (MDW)About 7 miles away · about 20 minutes by car |
| Town population | 2,711,226Census, 2020–2024 |
| Nearest city of 250,000 people or more | ChicagoAbout 3 miles away · about 5 minutes by car |
| Typical weather | 26°F in January · 74°F in JulyNOAA, 1991–2020, from Chicago Northerly Is, IL |
Federal data (IPEDS and College Scorecard), except school colors.
Questions families ask
- What is Illinois Institute of Technology’s Compass Score?
- Excellent (grade A-). It ranks in the top 12% of rated colleges. The grade comes from outcomes (40%: graduation, retention and earnings), entering students (40%: test scores and selectivity), cost (15%: debt and price after aid) and teaching (5%: class size), all from federal data.
- How much does Illinois Institute of Technology cost after financial aid?
- The average net price is about $18,000 a year for students who receive federal aid, after grants and scholarships. What your family pays depends on income; the college’s net price calculator gives your own estimate.
- How hard is it to get into Illinois Institute of Technology?
- Illinois Institute of Technology admitted 55% of applicants in the most recent federal data.
- How do Illinois Institute of Technology’s graduates do?
- 75% of first-time, full-time students graduate within six years; the median earnings of former students ten years after entry are $82,592; the median federal debt at graduation is $25,000.
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About this school’s data
- IPEDS unit ID 145725
- Carnegie classification: Doctoral university (high research)
- Accreditation: Higher Learning Commission (U.S. Department of Education DAPIP)
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Colleges like this one
The same kind of school first, then the closest in selectivity, size and cost.
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