Morrison Institute of Technology: Tuition & Loans

Overall Rating:Quality:Safety:Costs:

ReviewMajors / RatingsTuition / LoansFaculty / SalariesCampus Crime

Tuition and fees per year

$19,400

High

Average tuition charges at Morrison Institute of Technology are fairly high - around $17,500 annually. The additional fees at Morrison Institute of Technology (not included in tuition costs) are about $1,900, which comes to a total of $19,400 annually.

If you were considering a more affordable option in IL, look at the Affordable Colleges in Illinois ranking. The chart below shows Morrison Institute of Technology tuition costs and additional fees compared to the competing and nearby colleges:

Books and Supplies

The average cost of books and additional supplies required to study at Morrison Institute of Technology is $1,000 a year; which is a good bargain if compared to other colleges in Illinois.

FAFSA Application

FAFSA Code
2023-2024

008880

If you would like to file your FAFSA application for Federal Student Aid, the postsecondary institution code for Morrison Institute of Technology is 008880. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides money for college to eligible students and families. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate

11%

Medium

The government reported that the median federal student loan amount for Morrison Institute of Technology is approximately $5,600.

At the same time, 10.6% of the recent Morrison Institute of Technology graduates have failed to maintain their federal student loan repayments. This rate of loan repayment defaults (10.6%) is below average and might lead to a conclusion that Morrison Institute of Technology graduates have good career perspectives.