2,865 students (96% of total 2,998 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 $36,536.

For the first-time, full-time beginning students (freshmen), 99% of total 499 enrolled students have received any kind of financial aid and its average amount of aid received is $40,243.

All Undergraduate Financial Aid

At Illinois Institute of Technology, 2,865 undergraduate students (96% of total 2,998 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $36,536.

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 Scholarship2,86596% $104,674,255$36,536
Pell Grants87929% $4,425,201$5,034
Federal Student Loan1,09036% $7,506,584$6,887

Beginning Undergraduate Students (Freshmen) Financial Aid

496 beginning undergraduate students (99% of total 499 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 $40,243.

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 Aid49699% --
Grants or Scholarships49699%$19,960,295$40,243
Federal Grants18637%$1,376,830$7,402
Pell Grants14930%$825,730$5,542
Other Federal Grants18637%$551,100$2,963
State/Local Grants13026%$705,280$5,425
Institutional Grants49699%$17,878,185$36,045
Student Loan Aid21142%$1,524,880$7,227
Federal Student Loans21142%$1,131,352$5,362
Other Student Loans245%$393,528$16,397

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