Indiana Institute of Technology

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    2024 Undergraduate Tuition
    $30,836
    3.01% growth from 2023
    2024 Average Net Price
    $24,208
    After Financial Aid
    2024 Acceptance Rate
    70.4%
    5,643 Applicants
    2024 Enrolled Students
    2,770
    71% Full-Time
    2024 Graduation Rate
    47%
    201 Graduates

    About

    Indiana Institute of Technology is a higher education institution located in Allen County, IN. In 2024, the most popular Masters Degree concentrations at Indiana Institute of Technology were General Business (177 degrees awarded), Engineering & Industrial Management (118 degrees), and Information Science (41 degrees).

    In 2024, 717 degrees were awarded across all undergraduate and graduate programs at Indiana Institute of Technology. 44.9% of these degrees were awarded to women, and 55.1% awarded men. The most common race/ethnicity group of degree recipients was white (247 degrees), 3.21 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 $30,836, which is $6,836 more than the national average for Masters Colleges and Universities ($24,000).

    Costs

    In 2024, the median undergraduate tuition at Indiana Institute of Technology is $30,836, which is $6,836 more than the national average for Masters Colleges and Universities ($24,000).

    After taking grants and loans into account, the average net price for students is $24,208.

    In 2024, 82% of undergraduate students attending Indiana Institute of Technology received financial aid through grants. Comparatively, 69% of undergraduate students received financial aid through loans.

    Tuition Costs

    $30,836
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at Indiana Institute of Technology was $30,836. The cost of tuition at Indiana Institute of Technology is $6,836 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

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    Average Net Price

    $24,208
    2024 Value
    9.3%
    1 Year Growth

    In 2024 Indiana Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $24,208. Between 2023 and 2024, the average net price of Indiana Institute of Technology grew by 9.3%.

    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

    $12,038
    Room and Board

    The average yearly cost of room and board at Indiana Institute of Technology was of $12,038 in 2024. The cost of room and board increased by 26.7% between 2023 and 2024.

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

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    Financial Aid by Income Level

    82%
    Undergraduates Receiving Financial Aid through Grants
    69%
    Undergraduates Receiving Financial Aid through Loans

    82% of undergraduate students at Indiana Institute of Technology received financial aid through grants or loans in 2024. This represents a decline of 8.89% with respect to 2023, when 90% 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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    Admissions

    Indiana Institute of Technology received 5,643 undergraduate applications in 2024, which represents a 8.79% annual growth. Out of those 5,643 applicants, 3,972 students were accepted for enrollment, representing a 70.4% acceptance rate.

    There were 2,770 students enrolled at Indiana Institute of Technology in 2024. 75% of first-time enrollees submitted SAT scores with their applications.

    Indiana Institute of Technology has an overall enrollment yield of 13.3%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    70.4%
    Acceptance Rate in 2024
    3,972
    Accepted Out of 5,643

    In 2024, the undergraduate acceptance rate of Indiana Institute of Technology was 70.4% (3,972 admissions from 5,643 applications). This is higher than the acceptance rate of 2023, which was 56.9%. Between 2023 and 2024, the number of applicants declined by 8.79%, while admissions grew by 12.8%.

    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.

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    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.

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    Enrollment

    Indiana Institute of Technology had a total enrollment of 2,770 students in 2024. The full-time enrollment at Indiana Institute of Technology is 1,967 students and the part-time enrollment is 803. This means that 71% 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, 12% Black or African American, 5.52% Hispanic or Latino, 2.24% Two or More Races, 1.34% Asian, 0.289% American Indian or Alaska Native, and 0.217% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at Indiana Institute of Technology in full-time Undergraduate programs are most commonly White Male (29%), followed by White Female (17.8%) and Black or African American Male (7.89%). Students enrolled in full-time Graduate programs are most commonly White Female (12.9%), followed by White Male (9.51%) and Black or African American Female (5.38%).

    Full-Time vs Part-Time Enrollment

    71%
    Full-Time Enrollment

    The total enrollment at Indiana Institute of Technology in 2024, both undergraduate and graduate, is 2,770 students. The full-time enrollment at Indiana Institute of Technology is 1,967 and the part-time enrollment is 803. This means that 71% of students enrolled at Indiana Institute of Technology are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

    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

    59%
    2024 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 59%. Compared with the full-time retention rate at similar Masters Colleges and Universities (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.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      917 enrolled students
    2. Black or African American
      333 enrolled students
    3. Hispanic or Latino
      153 enrolled students

    The enrolled student population at Indiana Institute of Technology is 33.1% White, 12% Black or African American, 5.52% Hispanic or Latino, 2.24% Two or More Races, 1.34% Asian, 0.289% American Indian or Alaska Native, and 0.217% 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 Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 550 students (19.9%) did not report their race.

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    Graduates

    In 2024, 73 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 (247 degrees awarded). There were 3.21 times more white recipients than the next closest race/ethnicity group, black or african american (77 degrees).

    The most common Masters Degree concentration at Indiana Institute of Technology is General Business (177 degrees awarded), followed by Engineering & Industrial Management (118 degrees) and Information Science (41 degrees).

    In 2024,  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 (119 degrees awarded), Business (356 degrees), and Legal (22 degrees).

    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 (1,116,870 people), Accountants & auditors (1,055,542 people), Software developers (678,378 people), Financial managers (572,551 people), and Chief executives & legislators (541,784 people).

    The most specialized majors at Indiana Institute of Technology in 2024 are Engineering Technologies (119 degrees awarded), Business (356 degrees), Legal (22 degrees), Engineering (47 degrees), and Psychology (49 degrees) (as of 2024).

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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, Cardiovascular technologists and technicians, Podiatrists, Actuaries, and Securities, commodities, & financial services sales agents

    The most specialized majors at Indiana Institute of Technology are Engineering Technologies (119 degrees awarded), Business (356 degrees), Legal (22 degrees), Engineering (47 degrees), and Psychology (49 degrees) (as of 2024).

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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 (1,105,528 people), Elementary & secondary schools (920,080 people), Construction (749,432 people), Colleges, universities & professional schools, including junior colleges (675,237 people), and Architectural, engineering & related services (592,099 people).

    The most specialized majors at Indiana Institute of Technology are Engineering Technologies (119 degrees awarded), Business (356 degrees), Legal (22 degrees), Engineering (47 degrees), and Psychology (49 degrees) (as of 2024).

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    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 (2024)
    1. 6 degrees awarded
    2. 1 degrees awarded

    In 2024, the most common associates degree concentration at Indiana Institute of Technology was General Business Administration & Management with 6 degrees awarded.

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

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    Sex Breakdown for Common Majors

    395
    Degrees Awarded to Men
    in 2024
    322
    Degrees Awarded to Women
    in 2024

    In 2024, 395 degrees were awarded to men at Indiana Institute of Technology, which is 1.23 times more than the number of degrees awarded to females (322).

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

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    Most Common Male Majors

    In 2024, 98 degrees were awarded to men at Indiana Institute of Technology in General Business, which is 1.24 times more than the 79 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 79 degrees were awarded to men at Indiana Institute of Technology in General Business, which is 0.806 times less than the 98 male recipients with that same degree.

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    Time to Complete

    29%
    100% Completion Time
    40%
    150% Completion Time

    In 2024, 29% 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, 40% 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 Masters Colleges and 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.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      247 degrees awarded
    2. Black or African American
      77 degrees awarded
    3. Hispanic or Latino
      55 degrees awarded

    The most common race/ethnicity at Indiana Institute of Technology is white (247 degrees awarded). There were 3.21 times more white recipients than the next closest race/ethnicity group, black or african american (77 degrees).

    12.8% of degree recipients (92 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      326 degrees awarded
    2. White Male
      306 degrees awarded
    3. White Female
      297 degrees awarded

    The most common race/ethnicity and sex grouping at Indiana Institute of Technology is white female (326 degrees awarded). There were 1.07 times more white female recipients than the next closest race/ethnicity group, white male (306 degrees).

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    Operations

    Indiana Institute of Technology has an endowment valued at nearly $166M, as of the end of the 2024 fiscal year. The return on its endowment was of 12.4M (7.49%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

    In 2024, Indiana Institute of Technology had a total salary expenditure of 68.3M. Indiana Institute of Technology employs 27 Associate professors, 14 Assistant professors and 12 Instructors. Most academics at Indiana Institute of Technology are Male Associate professor (16), Female Associate professor (11), and Male Assistant 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 77 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 47 employees, and Management with 37 employees.

    Endowment

    $166M
    2024 Endowment
    3.19%
    growth from 2023

    Indiana Institute of Technology has an endowment valued at about $166M, as of the end of the 2024 fiscal year. The endowment of Indiana Institute of Technology grew 3.19% from the previous year. The value of their endowment was $120M higher than than the median endowment of Masters Colleges and Universities 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 Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

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    Salary Expenditure

    $26.3M
    2024 Salaries
    3.42%
    growth from 2023

    In 2024, Indiana Institute of Technology paid a median of $26.3M in salaries, which represents 38.5% of their overall expenditure ($68.3M) and a 3.42% growth from the previous year. This is compared to a 4.21% growth between 2022 and 2023, and a 0.117% decline between 2021 and 2022.

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    Instructional Salaries

    $5.82M
    Instructional Salaries
    64
    Number of Employees

    In 2024, Indiana Institute of Technology paid a total of $5.82M to 64 employees working as instructors, which represents 22.1% of all salaries paid.

    This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

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    Occupations by Share

    In 2024, 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 77 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 47 employees, and Management with 37 employees.

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