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Indiana Institute of Technology Tuition and Fees

A private university by the name of Indiana Institute of Technology is located in Fort Wayne, Indiana. Indiana Institute of Technology occupies a total area of about 42 acres. In 1930, Indiana Institute of Technology was founded. Orange, black and white are the official colors of the Indiana Institute of Technology. Out of total 9,652 students enrolled at IIT, 1,576 belong to undergraduate courses while 647 are postgraduate students. The school has an academic staff of 544 including full time

$26,460

Tuition

$41,116

Cost of Attendance

$20,041

Net Price

College Search

Indiana Institute of Technology Tuition and Fees

Indiana Institute of Technology offers undergraduate, postgraduate, and doctoral programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $27,440, which includes the total tuition fees and other expenses. The housing facilities and other expenses cost $10,252 and $4,847, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$26,900	$26,900
Book & Supplies	NA	NA
Room & Board cost	$10,020	$10,020
Other Expenses	$4,196	$4,196
Total Cost of Attendance	$41,116	$41,116

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $27,440. Apart from that, they should also pay an average amount of $8,970 for room and boarding charges and $4,847 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at IIT is around $41,257, as per the available information.

Average Net Price by Family Income

Net Price

$20,041

Family Income

Avg. Net Price

$0 to $30,000

$18,830

$30,001 to $48,000

$17,778

$48,001 to $75,000

$19,729

$75,001 to $110,000

$23,188

$110,000+

$21,942

The net price of attending Indiana Institute of Technology is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. Simply put, the family income of the candidate is a key factor in determining the net amount. At IIT, the average net price is estimated to be $18,793. For students with a family income below $30,000, the estimated net price is $19,286, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $16,649. On the other hand, an estimated net cost of $18,453 is charged for the $48,001-$75,000 income bracket, $20,786 for the $75,001-$110,000 income category, and $20,423 for an annual family income more than $110,000.

Student Loans

Example Loans

$88,260

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$916

Total interest paid

$21,654

Sum of Loan Payments

$109,914

To have a realistic understanding of how much it will cost to study at Indiana Institute of Technology here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $88,260 for example. This will result in a $10,991 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $109,914 which is $21,654 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$26,900	$26,900
Room & Board Cost	$10,020	$10,020
Total Tuition & Fees	$36,920	$36,920

At Indiana Institute of Technology, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $27,440 per year. Alongside that, they will likewise need to shell out around $8,970 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $41,257.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$10,026	$10,026
Fees	$90	$90

As for the students looking to enroll in postgraduate programs at IIT, the tuition and fees they are charged add up to $10,026 per year. Notably, no graduation fee is collected from the students at Indiana Institute of Technology.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$557
Undergraduate	2018 - 2019	$530

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Indiana Institute of Technology varies for graduate and undergraduate courses. As per the 2019-2020 fee structure, the cost per credit hour for graduate courses is $167 and for undergraduate courses, it stands at $211. At present, Indiana Institute of Technology also offers various online programs to students across as many as 18 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$10,020	$7,515
Other Expense	$4,196	$5,218
Book & Supplies	N/A	N/A

Now, coming to the lodging and related expenses at IIT, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $14,536 per year, while students have to pay $13,099 a year for off-campus housing. Besides, on-campus candidates will have to pay about $10,252 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $7,689. Meanwhile, the other expenses that one needs to plan for add up to $4,284 for on-campus students and $5,410 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$10,020

Off Campus

$7,515

Housing & Other Expenses

Other Expenses

On Campus

$4,196

Off Campus

$5,218

Housing & Other Expenses

Book & Supplies

On Campus

N/A

Off Campus

N/A

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Bachelors	$48,480	$404
Masters	$18,540	$515
Associate	$24,240	$404
Doctorate	NA	$515

Indiana Institute of Technology offers 39 online programs across 11 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Indiana Institute of Technology is around $206,847 as per official data. For undergraduate students, the total expenses added up to $18,793 in 2018-2019, $20,041 in 2017-2018, and $24,691 in 2016-2017.

Explore Programs by Major

Accounting Programs

Bachelor of Science

Tuition

Credits

Bachelor of Science in Accounting

Type: online

Total Cost : $ 48480

Cost per credit: $ 404

Total Credits: 120

Indiana Institute of Technology Tuition and Fees

Total Cost of Attendance

Average Net Price by Family Income

Student Loans

Undergraduate Tuition and Fees

Graduate Tuition and Fees

Cost Per Credit Hour

Campus Housing Expenses

Campus Housing Expenses

Online Degree Programs, Tuition and Cost Per Credit Summary

Projected Price for a 4 year degree

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Accounting Programs

Business Management Programs

Criminal Justice Programs

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