Cost of college went down for all students at Institute of Technology

Tuition and fees fell 6.2 percent for 2017-18 at Institute of Technology, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees fell 6.2 percent for 2017-18 at Institute of Technology, according to the latest disclosure from the U.S. Department of Education.

Oregon students paid $16,228 to attend the private for-profit school this year $1,080 less than the $17,308 charged for 2016-17.

Data shows 91 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 173 students received grants or scholarships totaling $790,325 and 162 students took out student loans totaling more than $1.13 million.

Including all undergraduates, 372 students used grants or scholarships totaling $1.91 million. Another 347 took out $2.3 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
311
$17,575
$17,575
$17,308
$16,228
-7.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Institute of Technology in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
163
73%
$638,530
$3,917
State / local grant or scholarship
20
9%
$112,502
$5,625
Institutional grants or scholarships
29
13%
$39,293
$1,355
Grant or scholarship aid total
173
78%
$790,325
$4,568
Federal student loans
160
72%
$1,104,315
$6,902
Other student loans
76
34%
$27,694
$364
Student loan aid
162
73%
$1,132,009
$6,988
Total student aid
202
91%

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