The cost of attending Illinois Institute of Technology is 51 lakhs for undergraduate courses and 70 lakhs for graduate programmes. To help students with their tuition budgets at this private college, the university grants up to full tuition fee waivers to overseas students in need.

Resident Hall provides a vibrant living-learning environment. Graduate students have the option of purchasing meal plans. Students can select a single-gender floor, a coed floor, a residential hall, a room type, and a roommate preference. Single, double, and triple occupancy rooms, 1 and 2 bedroom flats with single and double occupancy, Double occupancy suits, Single room studio apartments, Family housing studio, and Family housing den are all available in residence halls. Given the low cost (11 lakh INR), the quality of living and meals is adequate.

There are 6566 students enrolled at the university, with 2,823 of them being international students. The university's admittance rate in 2021 was 61 percent, making it fairly selective.

The Illinois Institute of Technology contains five campuses in Chicago, as well as two schools and a few research facilities. Every year, the university hosts over 650 events and has over 150 student clubs. There are ten Greek chapters, eight fraternities and two sororities. Competitions in casual gaming and community service Students appreciate the simple availability of public transportation and the opportunity to experience city life. All amenities are provided 24 hours a day, including dining, parks, a gym, sports, and cultural events.

Illinois Institute of Technology is accredited by the Higher Learning Commission.

After 6 months of degree completion, the institute's graduates have an 88 percent career result rate. Payscale estimates. The engineering programmes at Illinois Institute of Technology are ranked 24th in the United States for graduate return on investment. An Illinois Institute of Technology graduate's average beginning pay is 62,654 USD. Envestnet, Google, Bank of America, Morning Star, Motorola, Samsung, HSBC, Goldman Sachs, and PwC are among the companies recruiting at the university.