Payback
EarningsPlus
Economic score
Indiana Institute of Technology is a private regional university located in Fort Wayne, Indiana. Indiana Institute of Technology is moderately inclusive in their admissions.
Return on educational investment at Indiana Institute of Technology is in the bottom 50% of all ranked schools. The median student earns $46,035 10 years after enrolling, 23rd in Indiana, and in the bottom 50% nationally. When adjusted for earning differences by major, Indiana Institute of Technology bachelor students earn 8% less than the national average.
Indiana Institute of Technology’s median net annual cost of $19,697 and average years to graduate of 4.8 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Indiana Institute of Technology sorted by number of graduates - Business Administration, Criminal Justice, Mechanical Engineering, Biomedical/Medical Engineering, Computer and Information Sciences and Support Services, Other, Industrial Engineering - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$19,697
Average years to graduate
4.8
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Accounting
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 5.55
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 2 graduate programs at Indiana Institute of Technology - Business and Commerce, Business Administration - are shown below.
The average full-time graduate completes their degree in 4.8 years. 17% of all students graduate within 8 years including part-time students. The graduation rate at Indiana Institute of Technology is 43% lower than the state average, and 41% below the average for all regional universities in the country.
At Indiana Institute of Technology, Pell Grant recipients represent 39% of the measured graduating class, 4% higher than the national average of 35%. The average Pell Grant recipient at Indiana Institute of Technology graduates within 5.2 years.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Indiana Institute of Technology’s economic mobility score of 7.51 is calculated by adjusting the 7.4 economic score of lower-income students by the 39% pell grant recipients within the student body. Indiana Institute of Technology’s EMS of 7.51 ranks in the bottom 25% nationally. Please note that the economic mobility score considers only students that have graduated.
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 25%
The average Title IV recipient at Indiana Institute of Technology pays $19,697 a year, $23,097 less than the $42,794 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $19,697
Much of the gap between net price and sticker price is filled by institutional and government grants. At Indiana Institute of Technology, 100% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $19,697 on average to be covered by the student – be it through loans or out of pocket. In total, 96% of students take out loans, federal or private, at an average amount of $5,354. This is 42% more than the national average.
Federal grants
$3,966
Pell grants
$4,657
State grants
$6,784
Institutional grants
$14,763
Indiana Institute of Technology's moderately inclusive admissions are indicated by their 65% acceptance rate. In 2021, the school had 2,492 applicants, of which 1,620 were admitted and 446 enrolled. Indiana Institute of Technology has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Indiana Institute of Technology does not consider standardized testing in their admissions process.
Full time
58%
83%
Female
66%
59%
First time
49%
59%
In-state
57%
68%
1st generation
53%
35%
White
51%
52%
Black
18%
14%
Hispanic
7%
15%
Asian
2%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
21%
12%