Financial Aid at IIT

[Last update: December 11, 2025]

2,767 students (83% of total 3,316 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Illinois Institute of Technology (IIT). The average amount of the aid awarded is $38,732.

For the first-time, full-time beginning students (freshmen), 100% of total 528 enrolled students have received any kind of financial aid and its average amount of aid received is $44,547.

All Undergraduate Financial Aid

At Illinois Institute of Technology, 2,767 undergraduate students (83% of total 3,316 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $38,732.

Financial Aid Trends

Financial Aid Statistics (All Undergraduate Students) - IIT
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	2,767	83%	$107,171,404	$38,732
Pell Grants	995	30%	$5,680,727	$5,709
Federal Student Loan	952	29%	$6,317,267	$6,636

Beginning Undergraduate Students (Freshmen) Financial Aid

528 beginning undergraduate students (100% of total 528 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Illinois Institute of Technology. The average amount of aid received is $44,547.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - IIT
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	528	100%	-	-
Grants or Scholarships	528	100%	$23,520,949	$44,547
Federal Grants	249	47%	$1,806,697	$7,256
Pell Grants	249	47%	$1,534,697	$6,163
Other Federal Grants	139	26%	$272,000	$1,957
State/Local Grants	228	43%	$1,801,240	$7,900
Institutional Grants	528	100%	$19,913,012	$37,714
Student Loan Aid	191	36%	$1,316,399	$6,892
Federal Student Loans	187	35%	$950,854	$5,085
Other Student Loans	18	3%	$365,545	$20,308

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Financial Aid at IIT

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

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