[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 Statistics (All Undergraduate Students) - IIT
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship2,76783% $107,171,404$38,732
Pell Grants99530% $5,680,727$5,709
Federal Student Loan95229% $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 AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid528100% --
Grants or Scholarships528100%$23,520,949$44,547
Federal Grants24947%$1,806,697$7,256
Pell Grants24947%$1,534,697$6,163
Other Federal Grants13926%$272,000$1,957
State/Local Grants22843%$1,801,240$7,900
Institutional Grants528100%$19,913,012$37,714
Student Loan Aid19136%$1,316,399$6,892
Federal Student Loans18735%$950,854$5,085
Other Student Loans183%$365,545$20,308

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