Illinois Institute of Technology

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2017 Undergraduate Tuition

$43,869

2.05% growth from 2016

2017 Average Net Price

$26,324

After Financial Aid

2016 Student Loan

2.47%

Default Rate

2017 Acceptance Rate

54%

4,705 Applicants

2017 Enrolled Students

7,164

85.2% Full-Time

2017 Graduation Rate

72.2%

320 Graduates

About

Illinois Institute of Technology is a higher education institution located in Cook County, IL. In 2016, the most popular Bachelor's Degree concentrations at Illinois Institute of Technology were Architecture (105 degrees awarded), Mechanical Engineering (88 degrees), and Electrical & Electronics Engineering (66 degrees).

In 2017, 2,775 degrees were awarded across all undergraduate and graduate programs at Illinois Institute of Technology. 34% of these degrees were awarded to women, and 66% awarded men. The majority of degree recipients were white (583 degrees), 3.71 times more than then the next closest race/ethnicity group, asian (157 degrees).

The median undergraduate tuition at Illinois Institute of Technology is $43,869, which is $17,369 more than the national average for Doctoral Universities ($26,500).

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

The median undergraduate tuition at Illinois Institute of Technology is $43,869, which is $17,369 more than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $26,324.

In 2017, 98% of undergraduate students received federal grants, while 44% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$43,869

2017 Undergraduate Tuition

In 2017, the cost of tuition at Illinois Institute of Technology was $43,869. The cost of tuition at Illinois Institute of Technology is $17,369 more than than the overall (public and private) national average for Doctoral Universities ($26,500).

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

Average Net Price

$26,324

2017 Value

1.85%

1 Year Growth

In 2017 Illinois Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $26,324. Between 2016 and 2017, the average net price of Illinois Institute of Technology grew by 1.85%.

This chart compares the average net price of Illinois 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

$11,809

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Illinois Institute of Technology was of $11,809 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 5.83% between 2016 and 2017. The cost of books and supplies did not change during the same period.

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

Financial Aid

Financial Aid by Income Level

98%

Of Undergraduates Receive Grants

44%

Of Undergraduates Receive Federal Loans

98% of undergraduate students at Illinois Institute of Technology received grants or loans in 2017. This represents a growth of 5.38% with respect to 2016, when 93% of undergraduate students received financial aid.

This chart compares the average award discount at Illinois 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.

2.47%

2016 Default Rate

Number of Defaults

In 2016 the default rate for borrower's at Illinois Institute of Technology was 2.47%, which represents 22 out of the 892 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

Illinois Institute of Technology received 4,705 undergraduate applications in 2017, which represents a 9.75% annual growth. Out of those 4,705 applicants, 2,542 students were accepted for enrollment, representing a 54% acceptance rate.

There were 7,164 students enrolled at Illinois Institute of Technology in 2017, and 33% of first-time enrollees submitted SAT scores with their applications.

Illinois Institute of Technology has an overall enrollment yield of 18.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

54%

Acceptance Rate in 2017

2,542

Accepted Out of 4,705

In 2017, the undergraduate acceptance rate of Illinois Institute of Technology was 54% (2,542 admissions from 4,705 applications). This is lower than the acceptance rate of 2016, which was 57.1%. Between 2016 and 2017, the number of applicants grew by 9.75%, while admissions grew by 3.84%.

This chart compares the acceptance rate of Illinois Institute of Technology (in red) with that of other similar universities.

SAT Scores

33%

Submission Percentage

156

Scores Submitted

33% of enrolled first-time students at Illinois Institute of Technology in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Illinois Institute of Technology has a total enrollment of 7,164 students. The full-time enrollment at Illinois Institute of Technology is 6,103 students and the part-time enrollment is 1,061. This means that 85.2% of students enrolled at Illinois Institute of Technology are enrolled full-time.

The enrolled student population at Illinois Institute of Technology, both undergraduate and graduate, is 26.1% White, 8.86% Hispanic or Latino, 8.05% Asian, 4.12% Black or African American, 1.8% Two or More Races, 0.0698% Native Hawaiian or Other Pacific Islanders, and 0.0558% American Indian or Alaska Native.

Students enrolled at Illinois Institute of Technology in full-time Undergraduate programs are majority White Male (24.1%), followed by Hispanic or Latino Male (11.5%) and Asian Male (10%). Students enrolled in full-time Graduate programs are majority White Male (9.74%), followed by White Female (8.06%) and Hispanic or Latino Female (1.81%).

Full-Time vs Part-Time Enrollment

85.2%

Full-Time Enrollment

The total enrollment at Illinois Institute of Technology, both undergraduate and graduate, is 7,164 students. The full-time enrollment at Illinois Institute of Technology is 6,103 and the part-time enrollment is 1,061. This means that 85.2% of students enrolled at Illinois Institute of Technology are enrolled full-time compared with 78% at similar Doctoral Universities.

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

Retention Rate over Time

90%

2017 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 Illinois Institute of Technology was 90%. Compared with the full-time retention rate at similar Doctoral Universities (83%), Illinois Institute of Technology had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
1,873
Hispanic or Latino
635
Asian
577

The enrolled student population at Illinois Institute of Technology is 26.1% White, 8.86% Hispanic or Latino, 8.05% Asian, 4.12% Black or African American, 1.8% Two or More Races, 0.0698% Native Hawaiian or Other Pacific Islanders, and 0.0558% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 349 students (4.87%) did not report their race.

Graduates

In 2017, 889 fewer women than men received degrees from Illinois Institute of Technology. The majority of degree recipients at Illinois Institute of Technology are white (583 degrees awarded). There were 3.71 times more white graduates than the next closest race/ethnicity group, asian (157 degrees).

The most common Bachelor's Degree concentration at Illinois Institute of Technology is Architecture (105 degrees awarded), followed by Mechanical Engineering (88 degrees) and Electrical & Electronics Engineering (66 degrees).

The most specialized majors across all degree types at Illinois Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (157 degrees awarded), Legal (331 degrees), and Engineering (918 degrees).

Workforce

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Illinois Institute of Technology are Software developers (961,194 people), Other managers (402,602 people), Miscellaneous engineers, including nuclear engineers (356,944 people), Civil engineers (277,722 people), and Mechanical engineers (205,915 people).

The most specialized majors at Illinois Institute of Technology are Architecture and Related Services (157 degrees awarded), Legal (331 degrees), Engineering (918 degrees), Computer and Information Sciences and Support Services (716 degrees), and Math & Statistics (48 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

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

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 Illinois Institute of Technology are Computer Systems Design (981,940 people), Architectural, engineering & related services (575,200 people), Construction (333,889 people), Colleges, universities & professional schools, including junior colleges (299,943 people), and Elementary & secondary schools (212,074 people).

Degrees

Majors Awarded

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

Most Common

Architecture
105 degree-majorss awarded
Mechanical Engineering
88 degree-majorss awarded
Electrical & Electronics Engineering
66 degree-majorss awarded

In 2017, the most common bachelors degree concentration at Illinois Institute of Technology was Architecture with 105 degree-majorss awarded.

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

Gender Breakdown for Common Majors

Degrees Awarded to Men

1,832
943

In 2017, 1,832 degrees were awarded to men at Illinois Institute of Technology, which is 1.94 times more than the number of degrees awarded to females (943).

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

Most Common Male Majors

In 2017, 334 degrees were awarded to men at Illinois Institute of Technology in Computer Science, which is 3.63 times more than the 92 female recipients with that same degree.

Most Common Female Majors

In 2017, 110 degrees were awarded to women at Illinois Institute of Technology in Law, which is 0.948 times less than the 116 male recipients with that same degree.

Time to Complete

38%

100% Completion Time

73%

150% Completion Time

In 2017, 38% of students graduating from Illinois Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 73% completed their degrees within 150% of the normal time, and 74% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Illinois Institute of Technology is Male and Two or More Races (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

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, 2.81% of graduates (9 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
583 degrees awarded
Asian
157 degrees awarded
Hispanic or Latino
156 degrees awarded

The most common race/ethnicity at Illinois Institute of Technology is white (583 degrees awarded). There were 3.71 times more white recipients than the next closest race/ethnicity group, asian (157 degrees).

3.89% of degree recipients (108 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Male
378 degrees awarded
White Female
205 degrees awarded
Asian Male
108 degrees awarded

The most common race/ethnicity and gender grouping at Illinois Institute of Technology is white male (378 degrees awarded). There were 1.84 times more white male recipients than the next closest race/ethnicity group, white female (205 degrees).

Operations

Illinois Institute of Technology has an endowment valued at nearly $242M, as of the end of the 2017 fiscal year. The return on its endowment was of $24.3M (10%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Illinois Institute of Technology had a total salary expenditure of $272M. Illinois Institute of Technology employs 157 Professors, 108 Associate professors, and 88 Assistant professors. Most academics at Illinois Institute of Technology are Male Professors (123), Male Associate professors(85), and Male Assistant professors (55).

The most common positions for non-instructional staff at Illinois Institute of Technology are: Management, with 193 employees, Office and Administrative Support, with 132 employees, and Business and Financial Operations with 117 employees.

Finances

Endowment

$242M

2017 Endowment

7.87%

growth from 2016

Illinois Institute of Technology has an endowment valued at about $242M, as of the end of the 2017 fiscal year. The endowment of Illinois Institute of Technology grew 7.87% from the previous year. The value of their endowment was $44.6M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Illinois 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 Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$49.5M - Federal
$2.55M - State
$520k - Local

As of 2017, Illinois Institute of Technology received $49.5M in grants and contracts from the federal government, $2.55M from state grants and contracts, and $520k from local grants and contracts.

Expenses

Salary Expenditure

$121M

2017 Salaries

5.88%

decline from 2016

In 2017, Illinois Institute of Technology paid a median of $121M in salaries, which represents 44.5% of their overall expenditure ($272M) and a 5.88% decline from the previous year. This is compared to a 0.82% growth from 2015 and a 5.02% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

Instructional Salaries

$48.4M

Instructional Salaries

413

Number of Employees

In 2017, Illinois Institute of Technology paid a total of $48.4M to 413 employees working as instructors, which represents 40.1% of all salaries paid.

This is compared to a median of $64.9M (30.2%) for similar Doctoral Universities.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

157 Employees

Management

Most Common Non-Instructional Employee

193 Employees

In 2017, the most common positions for instructional staff at Illinois Institute of Technology were Professor with 157 employees; Associate professor with 108 employees; and Associate professor with 88 employees.

In 2017, the most common positions for non-instructional staff at Illinois Institute of Technology were Management with 193 employees; Office and Administrative Support with 132 employees; and Business and Financial Operations with 117 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Male Associate professor
Male Assistant professor

In 2017, the most common demographic for instructional staff at Illinois Institute of Technology was Male Professor with 123 employees, Male Associate professor with 85 employees, and Male Assistant professor with 55 employees.

This chart shows the gender split between each academic rank present at Illinois Institute of Technology.

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