Indiana Institute of Technology

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2017 Undergraduate Tuition

$25,940

0% growth from 2016

2017 Average Net Price

$24,691

After Financial Aid

2016 Student Loan

25.6%

Default Rate

2017 Acceptance Rate

76.1%

3,834 Applicants

2017 Enrolled Students

7,871

59.5% Full-Time

2017 Graduation Rate

33.6%

141 Graduates

About

Indiana Institute of Technology is a higher education institution located in Allen County, IN. In 2016, the most popular Bachelor's Degree concentrations at Indiana Institute of Technology were General Business Administration & Management (279 degrees awarded), Accounting (40 degrees), and Criminal Justice - Safety Studies (40 degrees).

In 2017, 1,055 degrees were awarded across all undergraduate and graduate programs at Indiana Institute of Technology. 56.7% of these degrees were awarded to women, and 43.3% awarded men. The majority of degree recipients were white (550 degrees), 2.39 times more than then the next closest race/ethnicity group, black or african american (230 degrees).

The median undergraduate tuition at Indiana Institute of Technology is $25,940, which is $11,940 more than the national average for Special Focus Institutions ($14,000).

Costs

The median undergraduate tuition at Indiana Institute of Technology is $25,940, which is $11,940 more than the national average for Special Focus Institutions ($14,000).

After taking grants and loans into account, the average net price for students is $24,691.

In 2017, 81% of undergraduate students received federal grants, while 83% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$25,940

2017 Undergraduate Tuition

In 2017, the cost of tuition at Indiana Institute of Technology was $25,940. The cost of tuition at Indiana Institute of Technology is $11,940 more than than the overall (public and private) national average for Special Focus Institutions ($14,000).

This chart compares the tuition costs of Indiana Institute of Technology (in red) with those of other similar universities.

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Average Net Price

$24,691

2017 Value

24.3%

1 Year Growth

In 2017 Indiana Institute of Technology had an average net price — the price paid after factoring in grants and loans — of $24,691. Between 2016 and 2017, the average net price of Indiana Institute of Technology grew by 24.3%.

This chart compares the average net price of Indiana Institute of Technology (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$8,383

Room and Board

$N/A

Books and Supplies

The average yearly cost of room and board at Indiana Institute of Technology was of $8,383 in 2017. During the same period, the average yearly cost of books and supplies was $N/A. The cost of room and board increased by 1.16% between 2016 and 2017. The cost of books and supplies remained the same by NaNk% during the same period.

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Financial Aid

Financial Aid by Income Level

81%

Of Undergraduates Receive Grants

83%

Of Undergraduates Receive Federal Loans

81% of undergraduate students at Indiana Institute of Technology received grants or loans in 2017. This represents a growth of 0% with respect to 2016, when 81% of undergraduate students received financial aid.

This chart compares the average award discount at Indiana Institute of Technology (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

25.6%

2016 Default Rate

873

Number of Defaults

In 2016 the default rate for borrower's at Indiana Institute of Technology was 25.6%, which represents 873 out of the 3406 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Indiana Institute of Technology received 3,834 undergraduate applications in 2017, which represents a 16.8% annual growth. Out of those 3,834 applicants, 2,919 students were accepted for enrollment, representing a 76.1% acceptance rate.

There were 7,871 students enrolled at Indiana Institute of Technology in 2017, and 55% of first-time enrollees submitted SAT scores with their applications.

Indiana Institute of Technology has an overall enrollment yield of 45%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

76.1%

Acceptance Rate in 2017

2,919

Accepted Out of 3,834

In 2017, the undergraduate acceptance rate of Indiana Institute of Technology was 76.1% (2,919 admissions from 3,834 applications). This is higher than the acceptance rate of 2016, which was 69.2%. Between 2016 and 2017, the number of applicants grew by 16.8%, while admissions grew by 28.6%.

This chart compares the acceptance rate of Indiana Institute of Technology (in red) with that of other similar universities.

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SAT Scores

55%

Submission Percentage

294

Scores Submitted

55% of enrolled first-time students at Indiana Institute of Technology in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Indiana Institute of Technology has a total enrollment of 7,871 students. The full-time enrollment at Indiana Institute of Technology is 4,687 students and the part-time enrollment is 3,184. This means that 59.5% of students enrolled at Indiana Institute of Technology are enrolled full-time.

The enrolled student population at Indiana Institute of Technology, both undergraduate and graduate, is 42% White, 37.8% Black or African American, 4.4% Hispanic or Latino, 2.24% Two or More Races, 0.623% Asian, 0.305% American Indian or Alaska Native, and 0.0889% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Indiana Institute of Technology in full-time Undergraduate programs are majority Black or African American Female (25.1%), followed by White Female (24%) and White Male (19.7%). Students enrolled in full-time Graduate programs are majority White Female (21.3%), followed by White Male (18.4%) and Black or African American Female (16.9%).

Full-Time vs Part-Time Enrollment

59.5%

Full-Time Enrollment

The total enrollment at Indiana Institute of Technology, both undergraduate and graduate, is 7,871 students. The full-time enrollment at Indiana Institute of Technology is 4,687 and the part-time enrollment is 3,184. This means that 59.5% of students enrolled at Indiana Institute of Technology are enrolled full-time compared with 71.1% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Indiana Institute of Technology (in red) compares to similar universities.

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Retention Rate over Time

60%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Indiana Institute of Technology was 60%. Compared with the full-time retention rate at similar Special Focus Institutions (71%), Indiana Institute of Technology had a retention rate lower than its peers.

This chart shows the retention rate over time at Indiana Institute of Technology (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    3,304

  2. Black or African American

    2,975

  3. Hispanic or Latino

    346

The enrolled student population at Indiana Institute of Technology is 42% White, 37.8% Black or African American, 4.4% Hispanic or Latino, 2.24% Two or More Races, 0.623% Asian, 0.305% American Indian or Alaska Native, and 0.0889% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.7% White, 15.6% Hispanic or Latino, and 15.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 505 students (6.42%) did not report their race.

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Graduates

In 2017, 141 more women than men received degrees from Indiana Institute of Technology. The majority of degree recipients at Indiana Institute of Technology are white (550 degrees awarded). There were 2.39 times more white graduates than the next closest race/ethnicity group, black or african american (230 degrees).

The most common Bachelor's Degree concentration at Indiana Institute of Technology is General Business Administration & Management (279 degrees awarded), followed by Accounting (40 degrees) and Criminal Justice - Safety Studies (40 degrees).

The most specialized majors across all degree types at Indiana Institute of Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (630 degrees awarded), Protective Services (103 degrees), and Engineering (83 degrees).

Workforce

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Indiana Institute of Technology are Accountants & auditors (1,120,531 people), Other managers (908,767 people), Financial managers (450,630 people), Software developers (439,484 people), and Chief executives & legislators (402,421 people).

The most specialized majors at Indiana Institute of Technology are Business (630 degrees awarded), Protective Services (103 degrees), Engineering (83 degrees), Legal (21 degrees), and Public Administration and Social Service (27 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Indiana Institute of Technology are Surgeons, Physicians, Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining, Other financial specialists, and Music directors and composers

The most specialized majors at Indiana Institute of Technology are Business (630 degrees awarded), Protective Services (103 degrees), Engineering (83 degrees), Legal (21 degrees), and Public Administration and Social Service (27 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Indiana Institute of Technology are Computer Systems Design (778,741 people), Elementary & secondary schools (599,872 people), Construction (569,709 people), Banking & related activities (544,898 people), and Colleges, universities & professional schools, including junior colleges (490,935 people).

The most specialized majors at Indiana Institute of Technology are Business (630 degrees awarded), Protective Services (103 degrees), Engineering (83 degrees), Legal (21 degrees), and Public Administration and Social Service (27 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Indiana Institute of Technology.

Most Common

  1. 279 degrees awarded

  2. 40 degrees awarded

  3. 40 degrees awarded

In 2017, the most common bachelors degree concentration at Indiana Institute of Technology was General Business Administration & Management with 279 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Indiana Institute of Technology according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 457

  2. 598

In 2017, 457 degrees were awarded to men at Indiana Institute of Technology, which is 0.764 times less than the number of degrees awarded to females (598).

This chart displays the gender disparity between the top 5 majors at Indiana Institute of Technology by degrees awarded.

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Most Common Male Majors

In 2017, 156 degrees were awarded to men at Indiana Institute of Technology in General Business Administration & Management, which is 0.65 times less than the 240 female recipients with that same degree.

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Most Common Female Majors

In 2017, 240 degrees were awarded to women at Indiana Institute of Technology in General Business Administration & Management, which is 1.54 times more than the 156 male recipients with that same degree.

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Time to Complete

19%

100% Completion Time

32%

150% Completion Time

In 2017, 19% of students graduating from Indiana Institute of Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 32% completed their degrees within 150% of the normal time, and 35% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (44.6%)

The student demographic with the highest graduation rate at Indiana Institute of Technology is Female and White (44.6% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (68.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.84% of graduates (4 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    550 degrees awarded

  2. Black or African American

    230 degrees awarded

  3. Unknown

    164 degrees awarded

The most common race/ethnicity at Indiana Institute of Technology is white (550 degrees awarded). There were 2.39 times more white recipients than the next closest race/ethnicity group, black or african american (230 degrees).

15.5% of degree recipients (164 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    288 degrees awarded

  2. White Male

    262 degrees awarded

  3. Black or African American Female

    159 degrees awarded

The most common race/ethnicity and gender grouping at Indiana Institute of Technology is white female (288 degrees awarded). There were 1.1 times more white female recipients than the next closest race/ethnicity group, white male (262 degrees).

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Operations

Indiana Institute of Technology has an endowment valued at nearly $123M, as of the end of the 2017 fiscal year. The return on its endowment was of $10.7M (8.69%), compared to the 2.38% average return ($240k on $10.1M) across all Special Focus Institutions.

In 2017, Indiana Institute of Technology had a total salary expenditure of $58.1M. Indiana Institute of Technology employs 28 Associate professors, 22 Assistant professors, and 5 Professors. Most academics at Indiana Institute of Technology are Male Associate professors (19), Female Assistant professors(17), and Female Associate professors (9).

The most common positions for non-instructional staff at Indiana Institute of Technology are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 92 employees, Office and Administrative Support, with 41 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 28 employees.

Finances

Endowment

$123M

2017 Endowment

20%

growth from 2016

Indiana Institute of Technology has an endowment valued at about $123M, as of the end of the 2017 fiscal year. The endowment of Indiana Institute of Technology grew 20% from the previous year. The value of their endowment was $113M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Indiana Institute of Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Business & Management Schools Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $19.9M - Federal

  2. $8.75M - State

  3. $0 - Local

As of 2017, Indiana Institute of Technology received $19.9M in grants and contracts from the federal government, $8.75M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$23M

2017 Salaries

2.69%

decline from 2016

In 2017, Indiana Institute of Technology paid a median of $23M in salaries, which represents 39.6% of their overall expenditure ($58.1M) and a 2.69% decline from the previous year. This is compared to a 9.47% growth from 2015 and a 8.14% growth from 2014.

The median for similar Special Focus Institutions is 2.59M (39.4% of overall expenditures).

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Instructional Salaries

$3.92M

Instructional Salaries

57

Number of Employees

In 2017, Indiana Institute of Technology paid a total of $3.92M to 57 employees working as instructors, which represents 17% of all salaries paid.

This is compared to a median of $385k (29%) for similar Special Focus Four-Year: Business & Management Schools.

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Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

28 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

92 Employees

In 2017, the most common positions for instructional staff at Indiana Institute of Technology were Associate professor with 28 employees; Assistant professor with 22 employees; and Assistant professor with 5 employees.

In 2017, the most common positions for non-instructional staff at Indiana Institute of Technology were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 92 employees; Office and Administrative Support with 41 employees; and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 28 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Associate professor

  2. Female Assistant professor

  3. Female Associate professor

In 2017, the most common demographic for instructional staff at Indiana Institute of Technology was Male Associate professor with 19 employees, Female Assistant professor with 17 employees, and Female Associate professor with 9 employees.

This chart shows the gender split between each academic rank present at Indiana Institute of Technology.

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