Indiana Institute of Technology

www.indianatech.edu/

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2021 Undergraduate Tuition

$28,356

3% growth from 2020

2021 Average Net Price

$21,397

After Financial Aid

2019 Student Loan

Default Rate

2021 Acceptance Rate

65%

2,492 Applicants

2021 Enrolled Students

2,450

73.1% Full-Time

2021 Graduation Rate

39.7%

155 Graduates

About

Indiana Institute of Technology is a higher education institution located in Allen County, IN. In 2021, the most popular Masters Degree concentrations at Indiana Institute of Technology were General Business (105 degrees awarded), Engineering & Industrial Management (39 degrees), and General Psychology (35 degrees).

In 2021, 559 degrees were awarded across all undergraduate and graduate programs at Indiana Institute of Technology. 42.6% of these degrees were awarded to women, and 57.4% awarded men. The most common race/ethnicity group of degree recipients was white (295 degrees), 3.17 times more than then the next closest race/ethnicity group, black or african american (93 degrees).

The median undergraduate tuition at Indiana Institute of Technology is $28,356, which is $13,856 more than the national average for Special Focus Institutions ($14,500).

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

Costs

In 2021, the median undergraduate tuition at Indiana Institute of Technology is $28,356, which is $13,856 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 $21,397.

In 2021, 88% of undergraduate students attending Indiana Institute of Technology received financial aid through grants. Comparatively, 76% of undergraduate students received financial aid through loans.

Tuition Costs

$28,356

2021 Undergraduate Tuition

In 2021, the cost of tuition at Indiana Institute of Technology was $28,356. The cost of tuition at Indiana Institute of Technology is $13,856 more than than the overall (public and private) national average for Special Focus Institutions ($14,500).

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

Average Net Price

$21,397

2021 Value

4.53%

1 Year Growth

In 2021 Indiana Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $21,397. Between 2020 and 2021, the average net price of Indiana Institute of Technology grew by 4.53%.

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

$9,114

Room and Board

The average yearly cost of room and board at Indiana Institute of Technology was of $9,114 in 2021. The cost of room and board increased by 1.6% between 2020 and 2021.

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

Financial Aid by Income Level

88%

Undergraduates Receiving Financial Aid through Grants

76%

Undergraduates Receiving Financial Aid through Loans

88% of undergraduate students at Indiana Institute of Technology received financial aid through grants or loans in 2021. This represents a growth of 2.33% with respect to 2020, when 86% 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.

2019 Default Rate

199

Number of Defaults

In 2019 the default rate for borrower's at Indiana Institute of Technology was 7%, which represents 199 out of the 2842 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 2,492 undergraduate applications in 2021, which represents a 26.6% annual growth. Out of those 2,492 applicants, 1,620 students were accepted for enrollment, representing a 65% acceptance rate.

There were 2,450 students enrolled at Indiana Institute of Technology in 2021.

Indiana Institute of Technology has an overall enrollment yield of 27.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

65%

Acceptance Rate in 2021

1,620

Accepted Out of 2,492

In 2021, the undergraduate acceptance rate of Indiana Institute of Technology was 65% (1,620 admissions from 2,492 applications). This is higher than the acceptance rate of 2020, which was 63.1%. Between 2020 and 2021, the number of applicants grew by 26.6%, while admissions declined by −24.4%..

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.

Enrollment

Indiana Institute of Technology had a total enrollment of 2,450 students in 2021. The full-time enrollment at Indiana Institute of Technology is 1,791 students and the part-time enrollment is 659. This means that 73.1% 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 43.7% White, 15.2% Black or African American, 9.35% Hispanic or Latino, 3.35% Two or More Races, 2.04% Asian, 0.408% American Indian or Alaska Native, and 0.367% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Indiana Institute of Technology in full-time Undergraduate programs are most commonly White Male (34.9%), followed by White Female (21.6%) and Black or African American Male (8.69%). Students enrolled in full-time Graduate programs are most commonly Hispanic or Latino Male (18.4%), followed by White Female (13.4%) and White Male (11.6%).

Full-Time vs Part-Time Enrollment

73.1%

Full-Time Enrollment

The total enrollment at Indiana Institute of Technology in 2021, both undergraduate and graduate, is 2,450 students. The full-time enrollment at Indiana Institute of Technology is 1,791 and the part-time enrollment is 659. This means that 73.1% of students enrolled at Indiana Institute of Technology are enrolled full-time compared with 69.7% 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

62%

2021 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 62%. Compared with the full-time retention rate at similar Special Focus Institutions (69%), 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 (2021)

White
1,070 enrolled students
Black or African American
372 enrolled students
Hispanic or Latino
229 enrolled students

The enrolled student population at Indiana Institute of Technology is 43.7% White, 15.2% Black or African American, 9.35% Hispanic or Latino, 3.35% Two or More Races, 2.04% Asian, 0.408% American Indian or Alaska Native, and 0.367% 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 43.6% White, 18.4% Hispanic or Latino, and 14% 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, 406 students (16.6%) did not report their race.

Graduates

In 2021, 83 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 (295 degrees awarded). There were 3.17 times more white recipients than the next closest race/ethnicity group, black or african american (93 degrees).

The most common Masters Degree concentration at Indiana Institute of Technology is General Business (105 degrees awarded), followed by Engineering & Industrial Management (39 degrees) and General Psychology (35 degrees).

In 2021, 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 (39 degrees awarded), Engineering (82 degrees), and Business (265 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 (1,101,697 people), Accountants & auditors (1,086,135 people), Software developers (1,012,700 people), Financial managers (519,167 people), and Chief executives & legislators (513,150 people).

The most specialized majors at Indiana Institute of Technology in 2021 are Engineering Technologies (39 degrees awarded), Engineering (82 degrees), Business (265 degrees), Computer and Information Sciences and Support Services (62 degrees), and Psychology (46 degrees) (as of 2021).

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 Architectural & engineering managers

The most specialized majors at Indiana Institute of Technology are Engineering Technologies (39 degrees awarded), Engineering (82 degrees), Business (265 degrees), Computer and Information Sciences and Support Services (62 degrees), and Psychology (46 degrees) (as of 2021).

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 (1,440,166 people), Elementary & secondary schools (873,851 people), Colleges, universities & professional schools, including junior colleges (685,864 people), Construction (676,567 people), and Banking & related activities (606,043 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 (2021)

General Business Administration & Management
59 degree-majors awarded
Criminal Justice - Safety Studies
24 degree-majors awarded
Mechanical Engineering
23 degree-majors awarded

In 2021, the most common bachelors degree concentration at Indiana Institute of Technology was General Business Administration & Management with 59 degrees awarded.

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

Sex Breakdown for Common Majors

321

Degrees Awarded to Men

in 2021

238

Degrees Awarded to Women

in 2021

In 2021, 321 degrees were awarded to men at Indiana Institute of Technology, which is 1.35 times more than the number of degrees awarded to females (238).

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

Most Common Male Majors

In 2021, 50 degrees were awarded to men at Indiana Institute of Technology in General Business, which is 0.909 times less than the 55 female recipients with that same degree.

Most Common Female Majors

In 2021, 55 degrees were awarded to men at Indiana Institute of Technology in General Business, which is 1.1 times more than the 50 male recipients with that same degree.

Time to Complete

27%

100% Completion Time

39%

150% Completion Time

In 2021, 27% 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 40% 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Indiana Institute of Technology is Male and American Indian or Alaska Native (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (72.9%).

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, 7.74% of graduates (12 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
295 degrees awarded
Black or African American
93 degrees awarded
Hispanic or Latino
25 degrees awarded

The most common race/ethnicity at Indiana Institute of Technology is white (295 degrees awarded). There were 3.17 times more white recipients than the next closest race/ethnicity group, black or african american (93 degrees).

3.22% of degree recipients (18 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
159 degrees awarded
White Female
136 degrees awarded
Black or African American Female
55 degrees awarded

The most common race/ethnicity and sex grouping at Indiana Institute of Technology is white male (159 degrees awarded). There were 1.17 times more white male recipients than the next closest race/ethnicity group, white female (136 degrees).

Operations

Indiana Institute of Technology has an endowment valued at nearly $170M, as of the end of the 2021 fiscal year. The return on its endowment was of 33.5M (19.7%) compared to the 4.56% average return (574k on 12.6M) across all Special Focus Institutions.

In 2021, Indiana Institute of Technology had a total salary expenditure of 62.7M. Indiana Institute of Technology employs 26 Assistant professors, 23 Associate professors and 8 Professors. Most academics at Indiana Institute of Technology are Male Associate professor (15), Male Assistant professor (15), and Female Assistant professor (11).

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, Office and Administrative Support, with 41 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 36 employees.

Endowment

$170M

2021 Endowment

23.8%

growth from 2020

Indiana Institute of Technology has an endowment valued at about $170M, as of the end of the 2021 fiscal year. The endowment of Indiana Institute of Technology grew 23.8% from the previous year. The value of their endowment was $158M 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

$24.4M

2021 Salaries

2.67%

decline from 2020

In 2021, Indiana Institute of Technology paid a median of $24.4M in salaries, which represents 39% of their overall expenditure ($62.7M) and a 2.67% decline from the previous year.

The median for similar Special Focus Institutions is 3.06M (42.8% of overall expenditures).

Instructional Salaries

$4.94M

Instructional Salaries

Number of Employees

In 2021, Indiana Institute of Technology paid a total of $4.94M to 63 employees working as instructors, which represents 20.2% of all salaries paid.

This is compared to a median of $871k (28.4%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

26 Employees

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

Most Common Non-Instructional Employee

77 Employees

In 2021, the most common positions for instructional staff at Indiana Institute of Technology were Assistant professor with 26 employees, Associate professor with 23 employees, and Professor with 8 employees.

In 2021, 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, Office and Administrative Support with 41 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 36 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Associate professor
Male Assistant professor
Female Assistant professor

In 2021, the most common demographic for instructional staff at Indiana Institute of Technology was Male Associate professor with 15 employees, Male Assistant professor with 15 employees, and Female Assistant professor with 11 employees.

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