College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Is Illinois Tech a Good School for the Money?

Below Average National Value
Unknown In-State Value
$179,703 Avg Total Cost

Illinois Institute of Technology Value Report

Is an Illinois Tech degree worth it? Only you know for sure, but College Factual's value analysis can help answer that question. Keep reading for more.

Below Average Value Nationwide

Below Average National Value
Top 15% National Quality
Expensive Price

Illinois Institute of Technology is ranked #1,888 out of 2,223 for value nationwide.

Based on our analysis of other colleges at similar price points, we believe Illinois Institute of Technology is overpriced for the quality education it provides. (This takes into account average financial aid and may not apply to you if you have further scholarships, grant or aid provided to you.)

National Value Ranking  1888 out of 2223
Overpriced
Great Value
National Value Score  15.75 out of 100
Overpriced
Great Value

Prices of Institutions with Similar Quality Scores

SchoolTotal PriceValue Grade

*Total price is determined by multiplying average annual cost by time to graduate.

We're Looking at a Total Cost of $179,703 for an Illinois Tech Degree

The Illinois Tech time to graduate is about 4.5 years and will cost an estimated $39,934 per year. This brings the total cost to 179,703.

Amount
Average Yearly Cost$39,934
Average Years to Graduate4.5
Estimated Avg Total Cost of Degree$179,703

Many Factors Affect Net Price

There are many ways you can lower the cost of a college education. Consider taking advantage of in-state tuition, or shortening the length of your degree by taking summer classes. Learn more about Illinois Tech cost for other factors that may affect net price such as the financial aid you qualify for that is largely based on your family's income.

Does This School Make Financial Sense To You?

$169,214 In-State With Aid
$319,086 Avg Cost No Aid
4.5 Years to Graduate

The net price YOU pay may be very different than the typical net price.

Look at the table below to get a sense of how Illinois Tech value for your educational dollar might vary.

Nationwide Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$319,086#0F
All Students$179,703#1,888F
Only Students Receiving Aid$169,214#1,603D
In-State Value by Aid GroupAvg Degree CostValue RankValue Grade
Students with no Aid$319,086#F
All Students$179,703#F
Only Students Receiving Aid$169,214#F

Note: the Value Grade for in-state students is calculated by looking only at other schools in the state of Illinois.

About 100% of Illinois Tech students receive financial aid. Get more details on what Illinois Tech financial aid you may qualify for.

How to Finance The Gap

How to Calculate Value

College Factual calculates average total cost by multiplying net price by time to graduation. We then compare the average total cost to other schools of a similar quality to determine value. If the school is priced fairly based on the educational quality it receives a fair ranking. If it is underpriced it receives a good or excellent value.

Read the full Best for the Money Ranking Methodology.

References

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options