Indiana Institute of Technology

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2019 Undergraduate Tuition
$26,990
2% growth from 2018
2019 Average Net Price
$18,793
After Financial Aid
2017 Student Loan
23.2%
Default Rate
2019 Acceptance Rate
59.6%
3,248 Applicants
2019 Enrolled Students
2,223
79.6% Full-Time
2018 Graduation Rate
36.2%
156 Graduates

About

Indiana Institute of Technology is a higher education institution located in Allen County, IN. In 2016, the most popular Bachelor's Degree concentrations at Indiana Institute of Technology were General Business Administration & Management (63 degrees awarded), Industrial Engineering (24 degrees), and Mechanical Engineering (19 degrees).

In 2019, 508 degrees were awarded across all undergraduate and graduate programs at Indiana Institute of Technology. 38.6% of these degrees were awarded to women, and 61.4% awarded men. The most common race/ethnicity group of degree recipients was white (225 degrees), 2.92 times more than then the next closest race/ethnicity group, black or african american (77 degrees).

The median undergraduate tuition at Indiana Institute of Technology is $26,990, which is $12,490 more than the national average for Special Focus Institutions ($14,500).

Costs

The median undergraduate tuition at Indiana Institute of Technology is $26,990, which is $12,490 more than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $18,793.

In 2019, 87% of undergraduate students received federal grants, while 74% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$26,990
2019 Undergraduate Tuition

In 2019, the cost of tuition at Indiana Institute of Technology was $26,990. The cost of tuition at Indiana Institute of Technology is $12,490 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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Average Net Price

$18,793
2019 Value
6.23%
1 Year Growth

In 2019 Indiana Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $18,793. Between 2018 and 2019, the average net price of Indiana Institute of Technology grew by 6.23%.

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.

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Other Student Expenses

$8,768
Room and Board
$N/A
Books and Supplies

The average yearly cost of room and board at Indiana Institute of Technology was of $8,768 in 2019. During the same period, the average yearly cost of books and supplies was $N/A. The cost of room and board increased by 2.02% between 2018 and 2019. The cost of books and supplies remained the same by NaNM% during the same period.

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Financial Aid

Financial Aid by Income Level

87%
Of Undergraduates Receive Grants
74%
Of Undergraduates Receive Federal Loans

87% of undergraduate students at Indiana Institute of Technology received grants or loans in 2019. This represents a growth of 11.5% with respect to 2018, when 78% 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.

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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.
23.2%
2017 Default Rate
787
Number of Defaults

In 2017 the default rate for borrower's at Indiana Institute of Technology was 23.2%, which represents 787 out of the 3395 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.

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Admissions

Indiana Institute of Technology received 3,248 undergraduate applications in 2019, which represents a 14% annual decline. Out of those 3,248 applicants, 1,937 students were accepted for enrollment, representing a 59.6% acceptance rate.

There were 2,223 students enrolled at Indiana Institute of Technology in 2019, and 75% of first-time enrollees submitted SAT scores with their applications.

Indiana Institute of Technology has an overall enrollment yield of 22.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

59.6%
Acceptance Rate in 2019
1,937
Accepted Out of 3,248

In 2019, the undergraduate acceptance rate of Indiana Institute of Technology was 59.6% (1,937 admissions from 3,248 applications). This is lower than the acceptance rate of 2018, which was 63.2%. Between 2018 and 2019, the number of applicants declined by −14%, while admissions declined by −18.9%.

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SAT Scores

75%
Submission Percentage
322
Scores Submitted

75% of enrolled first-time students at Indiana Institute of Technology in 2019 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.

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Enrollment

Indiana Institute of Technology has a total enrollment of 2,223 students. The full-time enrollment at Indiana Institute of Technology is 1,769 students and the part-time enrollment is 454. This means that 79.6% 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 49.8% White, 20.1% Black or African American, 5.49% Hispanic or Latino, 3.55% Two or More Races, 1.98% Asian, 0.45% Native Hawaiian or Other Pacific Islanders, and 0.36% American Indian or Alaska Native.

Students enrolled at Indiana Institute of Technology in full-time Undergraduate programs are most commonly White Male (32.6%), followed by White Female (17.1%) and Black or African American Female (9.1%). Students enrolled in full-time Graduate programs are most commonly White Female (24.7%), followed by Black or African American Female (21.2%) and White Male (17.6%).

Full-Time vs Part-Time Enrollment

79.6%
Full-Time Enrollment

The total enrollment at Indiana Institute of Technology, both undergraduate and graduate, is 2,223 students. The full-time enrollment at Indiana Institute of Technology is 1,769 and the part-time enrollment is 454. This means that 79.6% 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.

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Retention Rate over Time

68%
2019 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 68%. Compared with the full-time retention rate at similar Special Focus Institutions (72%), 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. White
    1,106
  2. Black or African American
    447
  3. Hispanic or Latino
    122

The enrolled student population at Indiana Institute of Technology is 49.8% White, 20.1% Black or African American, 5.49% Hispanic or Latino, 3.55% Two or More Races, 1.98% Asian, 0.45% Native Hawaiian or Other Pacific Islanders, and 0.36% 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 Special Focus Institutions is 44.8% White, 15.6% 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, 99 students (4.45%) did not report their race.

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Graduates

In 2019, 116 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 (225 degrees awarded). There were 2.92 times more white graduates than the next closest race/ethnicity group, black or african american (77 degrees).

The most common Bachelor's Degree concentration at Indiana Institute of Technology is General Business Administration & Management (63 degrees awarded), followed by Industrial Engineering (24 degrees) and Mechanical Engineering (19 degrees).

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 (54 degrees awarded), Engineering (91 degrees), and Business (232 degrees).

Workforce

Common Jobs by Major

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 (1,026,179 people), Accountants & auditors (1,019,476 people), Software developers (559,648 people), Financial managers (525,512 people), and Chief executives & legislators (499,467 people).

The most specialized majors at Indiana Institute of Technology are Engineering Technologies (54 degrees awarded), Engineering (91 degrees), Business (232 degrees), Psychology (45 degrees), and Human Sciences (9 degrees).

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Highest Paying Jobs by Major

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 Surgeons, Lawyers, & judges, magistrates, & other judicial workers, Cardiovascular technologists and technicians, Computer hardware engineers, and Diagnostic medical sonographers

The most specialized majors at Indiana Institute of Technology are Engineering Technologies (54 degrees awarded), Engineering (91 degrees), Business (232 degrees), Psychology (45 degrees), and Human Sciences (9 degrees).

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Common Industries by Major

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 (921,636 people), Elementary & secondary schools (883,999 people), Construction (655,571 people), Colleges, universities & professional schools, including junior colleges (632,125 people), and Banking & related activities (546,623 people).

The most specialized majors at Indiana Institute of Technology are Engineering Technologies (54 degrees awarded), Engineering (91 degrees), Business (232 degrees), Psychology (45 degrees), and Human Sciences (9 degrees).

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Degrees

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
  1. 63 degree-majorss awarded
  2. 24 degree-majorss awarded
  3. 19 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Indiana Institute of Technology was General Business Administration & Management with 63 degrees awarded.

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

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Gender Breakdown for Common Majors

312
Degrees Awarded to Men
in 2019
196
Degrees Awarded to Women
in 2019

In 2019, 312 degrees were awarded to men at Indiana Institute of Technology, which is 1.59 times more than the number of degrees awarded to females (196).

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

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Most Common Male Majors

In 2019, 50 degrees were awarded to men at Indiana Institute of Technology in General Business, which is 0.893 times less than the 56 female recipients with that same degree.

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Most Common Female Majors

In 2019, 56 degrees were awarded to women at Indiana Institute of Technology in General Business, which is 1.12 times more than the 50 male recipients with that same degree.

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Time to Complete

20%
100% Completion Time
36%
150% Completion Time

In 2019, 20% 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, 36% completed their degrees within 150% of the normal time, and 37% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (51.3%)

The student demographic with the highest graduation rate at Indiana Institute of Technology is Female and White (51.3% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (69.1%).

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, 4.49% of graduates (7 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    225 degrees awarded
  2. Black or African American
    77 degrees awarded
  3. Unknown
    39 degrees awarded

The most common race/ethnicity at Indiana Institute of Technology is white (225 degrees awarded). There were 2.92 times more white recipients than the next closest race/ethnicity group, black or african american (77 degrees).

7.68% of degree recipients (39 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    128 degrees awarded
  2. White Female
    97 degrees awarded
  3. Black or African American Female
    44 degrees awarded

The most common race/ethnicity and gender grouping at Indiana Institute of Technology is white male (128 degrees awarded). There were 1.32 times more white male recipients than the next closest race/ethnicity group, white female (97 degrees).

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Operations

Indiana Institute of Technology has an endowment valued at nearly $137M, as of the end of the 2019 fiscal year. The return on its endowment was of $6.25M (4.56%), compared to the 2.77% average return ($279k on $10.1M) across all Special Focus Institutions.

In 2019, Indiana Institute of Technology had a total salary expenditure of $62.8M. Indiana Institute of Technology employs 29 Associate professors, 25 Assistant professors, and 6 Professors. Most academics at Indiana Institute of Technology are Male Associate professors (15), Female Associate professors(14), and Male Assistant professors (13).

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 81 employees, Office and Administrative Support, with 52 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 38 employees.

Finances

Endowment

$137M
2019 Endowment
4.52%
growth from 2018

Indiana Institute of Technology has an endowment valued at about $137M, as of the end of the 2019 fiscal year. The endowment of Indiana Institute of Technology grew 4.52% from the previous year. The value of their endowment was $127M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $15.4M - Federal
  2. $7.96M - State
  3. $0 - Local

As of 2019, Indiana Institute of Technology received $15.4M in grants and contracts from the federal government, $7.96M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$26.4M
2019 Salaries
10.4%
growth from 2018

In 2019, Indiana Institute of Technology paid a median of $26.4M in salaries, which represents 42.1% of their overall expenditure ($62.8M) and a 10.4% growth from the previous year. This is compared to a 4.08% growth from 2017 and a 2.69% decline from 2016.

The median for similar Special Focus Institutions is 2.89M (42.3% of overall expenditures).

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Instructional Salaries

$4.56M
Instructional Salaries
63
Number of Employees

In 2019, Indiana Institute of Technology paid a total of $4.56M to 63 employees working as instructors, which represents 17.3% of all salaries paid.

This is compared to a median of $857k (29.6%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Associate professor
Most Common Instructor
29 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
81 Employees

In 2019, the most common positions for instructional staff at Indiana Institute of Technology were Associate professor with 29 employees; Assistant professor with 25 employees; and Assistant professor with 6 employees.

In 2019, 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 81 employees; Office and Administrative Support with 52 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 38 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Associate professor
  2. Female Associate professor
  3. Male Assistant professor

In 2019, the most common demographic for instructional staff at Indiana Institute of Technology was Male Associate professor with 15 employees, Female Associate professor with 14 employees, and Male Assistant professor with 13 employees.

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

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