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Friday, April 26, 2024

Cost of college went up for all students at Morrison Institute of Technology

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Tuition and fees rose 2 percent for 2017-18 at Morrison Institute of Technology, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $16,100 to attend the two-year private not-for-profit institution this year $309 more than the $15,791 charged for 2016-17.

Data shows 88 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 43 students received grants or scholarships totaling $242,506 and 36 students took out student loans totaling more than $356,565.

Including all undergraduates, 69 students used grants or scholarships totaling $438,970. Another 65 took out $563,779 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
~79
$15,590
$15,600
$15,791
$16,100
3.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Morrison 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
25
50%
$124,838
$4,994
State / local grant or scholarship
18
36%
$82,068
$4,559
Institutional grants or scholarships
31
62%
$35,600
$1,148
Grant or scholarship aid total
43
86%
$242,506
$5,640
Federal student loans
36
72%
$300,665
$8,352
Other student loans
6
12%
$55,900
$9,317
Student loan aid
36
72%
$356,565
$9,905
Total student aid
44
88%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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