| Screen last updated on: December 2016 |
The financial aid information below is valid for the 2014 academic year.
|
| Financial aid officer: |
Abby McGrath,
Director of Financial Aid |
| Contacting the office: |
312 567-7219
312 567-3982 (fax)
finaid@iit.edu |
| FAFSA number: |
001691 |
|
| Undergraduate tuition: |
$43,500; $43,500 out-of-state |
| Additional required fees: |
$1,714 |
| Book fees: |
$1,250 |
| Miscellaneous expenses: |
$4,135 |
| Other expenses: |
Transportation, miscellaneous. |
| Combined room and board expenses: |
$11,612 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | February 1 | no | N/A |
|
| Date award notification begins: |
March 15 |
| Applied for financial aid: |
 | |
| 70% | of first-year students |
| 57% | of full-time undergraduates |
| 50% | of part-time undergraduates |
|
| Determined to have financial need: |
| |
| 92% | of first-year students |
| 96% | of full-time undergraduates |
| 92% | of part-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 91% | of part-time undergraduates |
|
| Students determined to have financial need who received any need-based gift aid: |
| |
| 100% | of first-year students |
| 99% | of full-time undergraduates |
| 91% | of part-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 63% | of first-year students |
| 76% | of full-time undergraduates |
| 70% | of part-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 19% | of first-year students |
| 10% | of full-time undergraduates |
| 2% | of part-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 22% | of first-year students |
| 13% | of full-time undergraduates |
| 4% | of part-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 83% | for first-year students |
| 75% | for full-time undergraduates |
| 41% | for part-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $37,589 | for first-year students |
| $35,527 | for full-time undergraduates |
| $13,681 | for part-time undergraduates |
|
| Average need-based gift award: |
| |
| $32,136 | for first-year students |
| $29,733 | for full-time undergraduates |
| $12,469 | for part-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $5,072 | for first-year students |
| $6,006 | for full-time undergraduates |
| $4,161 | for part-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $3,657 | for first-year students |
| $5,001 | for full-time undergraduates |
| $4,242 | for part-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 35% | of first-year students |
| 36% | of full-time undergraduates |
| 23% | of part-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $24,656 | for first-year students |
| $22,595 | for full-time undergraduates |
| $13,221 | for part-time undergraduates |
|
| Students who received a non-need-based athletic award: |
| |
| 0% | of first-year students |
| 0% | of full-time undergraduates |
| 0% | of part-time undergraduates |
|
| Average non-need-based athletic award: |
| |
| $0 | for first-year students |
| $12,239 | for full-time undergraduates |
| $0 | for part-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- FFEL Subsidized Stafford Loans
- FFEL Unsubsidized Stafford Loans
- FFEL PLUS Loans
- Federal Perkins Loans
|
|
| Parent loans packaged to meet need: |
yes |
| Percent of undergraduates who have borrowed through all loan programs: |
59% |
| Average student debt upon graduation: |
$30,569 |
| Types of payment plans: |
|
- deferred payment plan
- school's own payment plan(s)
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- academic merit scholarships/grants
- athletic scholarships
- ROTC scholarships
|
|
|
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