Morrison Institute of Technology: Tuition & Loans

Overall Rating: Overall Ranking - Very GoodQuality: Education Quality Rating - GoodSafety: Capmus Safety Rating - OustandingCosts: Tuition & Fees Cost Rating - Good
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Tuition and fees per year
$15,100
Average tuition costs at Morrison Institute of Technology are slightly high - around $13,900 per academic year. The additional fees at Morrison Institute of Technology not covered by tuition are nearly $1,200; which makes it a total of $15,100 a year.

The chart below shows Morrison Institute of Technology tuition costs and additional fees compared to the competing and nearby colleges:

Anunual Tuition and Fees in Morrison Institute of Technology and Competing Colleges

Morrison Institute of Technology Tuition Comparison Chart

Books and Supplies

The average cost of books and additional supplies required to study at Morrison Institute of Technology is $1,050 a year; this is a good bargain if compared to other colleges in Illinois.

FAFSA Application

FAFSA Code
2015-2016
008880
If you wish to file your FAFSA application for Federal Student Aid, the college 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 financial aid 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
19%
The government reported that the median federal student loan amount for Morrison Institute of Technology is approximately $6,400.

At the same time, 18.60% of the recent Morrison Institute of Technology graduates have failed to maintain their federal student loan repayments in 2012

This rate of loan repayment defaults (18.60%) is moderate and might lead to a conclusion that Morrison Institute of Technology graduates have reasonable career perspectives.

Learn More About Morrison Institute of Technology

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