Indiana Institute of Technology

www.indianatech.edu

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2023 Undergraduate Tuition

$29,936

3% growth from 2022

2023 Average Net Price

$22,148

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

56.9%

6,187 Applicants

2023 Enrolled Students

2,862

68.7% Full-Time

2023 Graduation Rate

35.5%

188 Graduates

About

Indiana Institute of Technology is a higher education institution located in Allen County, IN. In 2023, the most popular Masters Degree concentrations at Indiana Institute of Technology were General Business (252 degrees awarded), Engineering & Industrial Management (88 degrees), and General Psychology (35 degrees).

In 2023, 741 degrees were awarded across all undergraduate and graduate programs at Indiana Institute of Technology. 37.4% of these degrees were awarded to women, and 62.6% awarded men. The most common race/ethnicity group of degree recipients was white (272 degrees), 2.86 times more than then the next closest race/ethnicity group, hispanic or latino (95 degrees).

The median undergraduate tuition at Indiana Institute of Technology is $29,936, which is $14,772 more than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Indiana Institute of Technology was 0%, corresponding to 0 out of the 2,410 total borrowers.

Special Focus Four-Year: Business & Management Schools Special Focus Institutions

Costs

In 2023, the median undergraduate tuition at Indiana Institute of Technology is $29,936, which is $14,772 more than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $22,148.

In 2023, 90% of undergraduate students attending Indiana Institute of Technology received financial aid through grants. Comparatively, 77% of undergraduate students received financial aid through loans.

Tuition Costs

$29,936

2023 Undergraduate Tuition

In 2023, the cost of tuition at Indiana Institute of Technology was $29,936. The cost of tuition at Indiana Institute of Technology is $14,772 more than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of Indiana Institute of Technology (in red) with those of other similar universities.

Average Net Price

$22,148

2023 Value

0.14%

1 Year Growth

In 2023 Indiana Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $22,148. Between 2022 and 2023, the average net price of Indiana Institute of Technology grew by 0.14%.

This chart compares the average net price of Indiana Institute of Technology (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$9,498

Room and Board

The average yearly cost of room and board at Indiana Institute of Technology was of $9,498 in 2023. The cost of room and board increased by 2.4% between 2022 and 2023.

This chart compares the average student costs at Indiana Institute of Technology (in red) with that of similar universities.

Financial Aid by Income Level

90%

Undergraduates Receiving Financial Aid through Grants

77%

Undergraduates Receiving Financial Aid through Loans

90% of undergraduate students at Indiana Institute of Technology received financial aid through grants or loans in 2023. This represents a growth of 5.88% with respect to 2022, when 85% of undergraduate students received financial aid.

This chart compares the average award discount at Indiana Institute of Technology (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Indiana Institute of Technology was 0%, which represents 0 out of the 2410 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Indiana Institute of Technology received 6,187 undergraduate applications in 2023, which represents a 16.2% annual growth. Out of those 6,187 applicants, 3,520 students were accepted for enrollment, representing a 56.9% acceptance rate.

There were 2,862 students enrolled at Indiana Institute of Technology in 2023. 75% of first-time enrollees submitted SAT scores with their applications.

Indiana Institute of Technology has an overall enrollment yield of 12.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

56.9%

Acceptance Rate in 2023

3,520

Accepted Out of 6,187

In 2023, the undergraduate acceptance rate of Indiana Institute of Technology was 56.9% (3,520 admissions from 6,187 applications). This is lower than the acceptance rate of 2022, which was 64.7%. Between 2022 and 2023, the number of applicants grew by 16.2%, while admissions grew by 2.27%.

This chart compares the acceptance rate of Indiana Institute of Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

75%

Submission Percentage (2019)

322

Scores Submitted (2019)

75% of enrolled first-time students at Indiana Institute of Technology in 2019 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Indiana Institute of Technology had a total enrollment of 2,862 students in 2023. The full-time enrollment at Indiana Institute of Technology is 1,967 students and the part-time enrollment is 895. This means that 68.7% of students enrolled at Indiana Institute of Technology are enrolled full-time.

The enrolled student population at Indiana Institute of Technology, both undergraduate and graduate, is 33.1% White, 11.7% Black or African American, 4.93% Hispanic or Latino, 2.24% Two or More Races, 1.75% Asian, 0.245% American Indian or Alaska Native, and 0.21% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Indiana Institute of Technology in full-time Undergraduate programs are most commonly White Male (26.2%), followed by White Female (16.2%) and Black or African American Male (6.53%). Students enrolled in full-time Graduate programs are most commonly White Female (10.6%), followed by White Male (8.64%) and Black or African American Female (5.2%).

Full-Time vs Part-Time Enrollment

68.7%

Full-Time Enrollment

The total enrollment at Indiana Institute of Technology in 2023, both undergraduate and graduate, is 2,862 students. The full-time enrollment at Indiana Institute of Technology is 1,967 and the part-time enrollment is 895. This means that 68.7% of students enrolled at Indiana Institute of Technology are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Indiana Institute of Technology (in red) compares to similar universities.

Retention Rate over Time

66%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Indiana Institute of Technology was 66%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Indiana Institute of Technology had a retention rate lower than its peers.

This chart shows the retention rate over time at Indiana Institute of Technology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
947 enrolled students
Black or African American
334 enrolled students
Hispanic or Latino
141 enrolled students

The enrolled student population at Indiana Institute of Technology is 33.1% White, 11.7% Black or African American, 4.93% Hispanic or Latino, 2.24% Two or More Races, 1.75% Asian, 0.245% American Indian or Alaska Native, and 0.21% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 679 students (23.7%) did not report their race.

Graduates

In 2023, 187 fewer women than men received degrees from Indiana Institute of Technology. The most common race/ethnicity group of degree recipients at Indiana Institute of Technology is white (272 degrees awarded). There were 2.86 times more white recipients than the next closest race/ethnicity group, hispanic or latino (95 degrees).

The most common Masters Degree concentration at Indiana Institute of Technology is General Business (252 degrees awarded), followed by Engineering & Industrial Management (88 degrees) and General Psychology (35 degrees).

In 2023, the most specialized majors across all degree types at Indiana Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering Technologies (90 degrees awarded), Business (460 degrees), and Engineering (51 degrees).

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Indiana Institute of Technology are Other managers (1,129,137 people), Accountants & auditors (1,063,585 people), Software developers (645,176 people), Financial managers (566,050 people), and Chief executives & legislators (539,652 people).

The most specialized majors at Indiana Institute of Technology in 2023 are Engineering Technologies (90 degrees awarded), Business (460 degrees), Engineering (51 degrees), Psychology (52 degrees), and Protective Services (22 degrees) (as of 2023).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Indiana Institute of Technology are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Indiana Institute of Technology are Engineering Technologies (90 degrees awarded), Business (460 degrees), Engineering (51 degrees), Psychology (52 degrees), and Protective Services (22 degrees) (as of 2023).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Indiana Institute of Technology are Computer Systems Design (994,679 people), Elementary & secondary schools (923,448 people), Construction (689,240 people), Colleges, universities & professional schools, including junior colleges (648,114 people), and Banking & related activities (556,960 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Indiana Institute of Technology.

Most Common (2023)

General Business
252 degrees awarded
Engineering & Industrial Management
88 degrees awarded
General Psychology
35 degrees awarded

In 2023, the most common masters degree concentration at Indiana Institute of Technology was General Business with 252 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Indiana Institute of Technology according to their major.

Sex Breakdown for Common Majors

464

Degrees Awarded to Men

in 2023

277

Degrees Awarded to Women

in 2023

In 2023, 464 degrees were awarded to men at Indiana Institute of Technology, which is 1.68 times more than the number of degrees awarded to females (277).

This chart displays the sex disparity between the top 5 majors at Indiana Institute of Technology by degrees awarded.

Most Common Male Majors

In 2023, 156 degrees were awarded to men at Indiana Institute of Technology in General Business, which is 1.63 times more than the 96 female recipients with that same degree.

Most Common Female Majors

In 2023, 96 degrees were awarded to men at Indiana Institute of Technology in General Business, which is 0.615 times less than the 156 male recipients with that same degree.

Time to Complete

26%

100% Completion Time

39%

150% Completion Time

In 2023, 26% of students graduating from Indiana Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 39% completed their degrees within 150% of the normal time, and 41% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Indiana Institute of Technology is Male and Asian (100% graduation rate). Across all Special Focus Institutions, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 7.45% of graduates (14 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
272 degrees awarded
Hispanic or Latino
95 degrees awarded
Black or African American
79 degrees awarded

The most common race/ethnicity at Indiana Institute of Technology is white (272 degrees awarded). There were 2.86 times more white recipients than the next closest race/ethnicity group, hispanic or latino (95 degrees).

20.4% of degree recipients (151 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
150 degrees awarded
White Female
122 degrees awarded
Hispanic or Latino Male
67 degrees awarded

The most common race/ethnicity and sex grouping at Indiana Institute of Technology is white male (150 degrees awarded). There were 1.23 times more white male recipients than the next closest race/ethnicity group, white female (122 degrees).

Operations

Indiana Institute of Technology has an endowment valued at nearly $161M, as of the end of the 2023 fiscal year. The return on its endowment was of 7.71M (4.8%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, Indiana Institute of Technology had a total salary expenditure of 65.3M. Indiana Institute of Technology employs 23 Associate professors, 15 Assistant professors and 11 Professors. Most academics at Indiana Institute of Technology are Male Associate professor (14), Male Assistant professor (9), and Female Associate professor (9).

The most common positions for non-instructional staff at Indiana Institute of Technology are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 76 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 43 employees, and Management with 39 employees.

Endowment

$161M

2023 Endowment

2.38%

decline from 2022

Indiana Institute of Technology has an endowment valued at about $161M, as of the end of the 2023 fiscal year. The endowment of Indiana Institute of Technology declined 2.38% from the previous year. The value of their endowment was $148M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Indiana Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Business & Management Schools Carnegie Classification grouping.

Salary Expenditure

$25.4M

2023 Salaries

4.21%

growth from 2022

In 2023, Indiana Institute of Technology paid a median of $25.4M in salaries, which represents 38.9% of their overall expenditure ($65.3M) and a 4.21% growth from the previous year. This is compared to a 0.117% decline between 2021 and 2022, and a 2.67% decline between 2020 and 2021.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$4.98M

Instructional Salaries

Number of Employees

In 2023, Indiana Institute of Technology paid a total of $4.98M to 57 employees working as instructors, which represents 19.6% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

Occupations by Share

Associate professor

Most Common Instructor

23 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

76 Employees

In 2023, the most common positions for instructional staff at Indiana Institute of Technology were Associate professor with 23 employees, Assistant professor with 15 employees, and Professor with 11 employees.

In 2023, the most common positions for non-instructional staff at Indiana Institute of Technology were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 76 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 43 employees, and Management with 39 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Associate professor
Male Assistant professor
Female Associate professor

In 2023, the most common demographic for instructional staff at Indiana Institute of Technology was Male Associate professor with 14 employees, Male Assistant professor with 9 employees, and Female Associate professor with 9 employees.

This chart shows the sex split between each academic rank present at Indiana Institute of Technology.

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