Indiana Institute of Technology
Fort Wayne, Indiana · Private Nonprofit · 70.4% acceptance rate
ROI Score: 26/100 · Below Benchmark
Data: 2024-25 College Scorecard release
Indiana Institute of Technology (Indiana Tech) in Fort Wayne posts a 26/100 ROI score in our Below Benchmark tier - a difficult profile despite a name that suggests engineering-dominant outcomes. Sticker tuition of $31,361 is reduced to a $23,206 net price by institutional aid, pushing four-year cost to $92,824. Earnings of $38,300 six years out climb modestly to $47,327 by year ten, producing only a 13.3% earnings premium. Median debt of $26,391 yields a 0.69 debt-to-earnings ratio, and the 18.9-year payback period is moderate. The repayment rate is 41.6% one year out, 49.0% at three years and 52.0% at seven years. Completion rate of 47.8% is mediocre. With 1,441 students and a 35.2% Pell rate, Indiana Tech is small, working-to-middle-class, and primarily a regional adult-learner-friendly institution. The engineering programs (industrial engineering, CS) deliver genuine value but enroll small cohorts; the bulk of students study business, criminal justice, and psychology with weaker outcomes. Despite the 'Tech' name, Indiana Tech is broadly diversified, and most graduates end up in non-engineering tracks.
How Indiana Institute of Technology scores under our methodology
These are the College Scorecard measures that pull this school's CampusROI score down. They describe the published figures, not the quality of the education, and they are our reading of the data. Check them against your own aid offer and intended major.
- ROI Score26/100 - Below Benchmark tier of our scale (below 45). For context, 38% of the schools we score reach 60 or higher.
- Payback period18.9 years - The median payback across the schools we score is about 12 years.
Indiana Institute of Technology
Quick Numbers
| In-state tuition + fees | $31,361/yr |
| Out-of-state tuition + fees | $31,361/yr |
| Average net price | $23,206/yr |
| Total 4-year cost (net) | $92,824 |
| Median earnings (10yr post-entry) | $47,327 |
| Average earnings (6yr post-entry) | $38,300 |
| Median debt at graduation | $26,391 |
| Estimated monthly loan payment | $280 |
| Estimated payback period | 18.9 years |
| 6-year graduation rate | 47.8% |
| Undergraduate enrollment | 1,441 |
Data as of 2024-2025. Source: College Scorecard API (U.S. Department of Education).
The Full Financial Picture
The first number you'll see is the sticker price: $31,361/year, which covers tuition and fees only. After grants, scholarships, and aid, the average student here pays a net price of $23,206/year, or roughly $92,824 over four years. That's the number to plan around.
What you actually pay depends a lot on what your family earns. Families making under $30,000/year pay an average of $19,524/year here, while families earning over $110,000 pay $27,828/year.
Among graduates who borrowed, the median federal loan debt from this school is $26,391, which works out to about $280 a month on the standard 10-year repayment plan. Our debt-to-earnings ratio divides that debt by average earnings six years after entry ($38,300) and comes to 0.69, under 1.0, meaning median debt is less than a full year of those earnings.
Net Price by Family Income
What families actually pay after grants and scholarships, by income bracket.
| Family Income | Avg Net Price/Year |
|---|---|
| $0 - $30,000 | $19,524 |
| $30,001 - $48,000 | $17,194 |
| $48,001 - $75,000 | $21,077 |
| $75,001 - $110,000 | $27,042 |
| $110,001+ | $27,828 |
Cost by Income Bracket Explained
Lower-income families (under $30K)
Families under $30,000 pay $19,524 net - high relative to income. Across four years that's $78,096 against $38,300 graduate earnings. The math is genuinely difficult; the documented 49% three-year repayment rate suggests low-income borrowers struggle to keep up.
Middle-income families ($30K-$110K)
The brackets show an inversion: $30,001 - $48,000 pays $17,194. $48,001 - $75,000 pays $21,077, $75,001 - $110,000 pays $27,042. Middle-income families pay $69,000-$108,000 over four years against $38,300 early-career earnings. The math works for engineering tracks; weaker for everything else.
Higher-income families ($110K+)
Families above $110,000 pay $27,828 - about $111,312 across four years, well above the published $92,824 total cost figure. High-income full-pay families are paying close to sticker.
Earnings by Major
Top 7 most popular majors at Indiana Institute of Technology with available earnings data.
| Major | Median Earnings | Grade |
|---|---|---|
| Business Administration, Management, and Operations | $66,296 | D |
| Criminal Justice and Corrections | $47,199 | D |
| Psychology | $46,698 | D |
| Industrial Engineering | $90,363 | B |
| Accounting | $62,603 | C+ |
| Computer and Information Sciences and Support Services, Other | $69,222 | B |
| Human Services, General | $35,467 | F |
Earnings reflect median 4-year post-completion (or 1-year where 4-year unavailable). Grades based on debt-to-earnings ratio.
Program Analysis
Why these programs deliver their earnings outcomes.
Industrial Engineering
Industrial Engineering is Indiana Tech's strongest financial program: 12 graduates with first-year earnings of $77,456 climbing to $90,363 by year four. Median debt of $32,750 yields a 0.42 debt-to-earnings ratio (B grade). Direct pipeline into northeast Indiana and Ohio manufacturing employers (BAE Systems, GE, Lincoln Financial, regional auto suppliers). For students set on engineering at a small private at this price, the program delivers genuine value despite the higher debt load.
Business Administration, Management, and Operations
Business Admin is Indiana Tech's largest program: 60 graduates with first-year earnings of $53,894 climbing to $66,296 by year four. The earnings are reasonable but the debt load is relatively high.
Criminal Justice and Corrections
Criminal Justice graduates 21 students with first-year earnings of $36,510 climbing to $47,199 by year four. Pipeline into Indiana state law enforcement, local police departments, and federal agency roles.
Psychology
Psychology graduates 15 students with first-year earnings of $36,111 climbing to $46,698 by year four. Median debt of $33,611 yields a 0.93 debt-to-earnings ratio (D grade). The bachelor's-only psych path is structurally weak; the high debt load makes Indiana Tech's psychology program one of the more questionable financial bets at the school.
Accounting
Accounting graduates 10 students with first-year earnings of $62,287 - strong for a regional private. Four-year earnings of $62,603 are essentially flat, suggesting graduates plateau early without CPA progression. Median debt of $29,048 yields a 0.47 debt-to-earnings ratio (C+ grade). For students who pursue and pass the CPA, the long-term trajectory improves substantially; the modest cohort size makes this a niche but defensible track.
How Graduates Do
Earnings
Loan Repayment
| Metric | This School | Median of schools we score |
|---|---|---|
| 1-year repayment | 41.6% | 68.8% |
| 3-year repayment | 49.0% | 73.6% |
| 5-year repayment | 50.2% | 67.7% |
| 7-year repayment | 52.0% | 72.8% |
Completion Rate
Trends Over Time
How Indiana Institute of Technology’s cost and outcomes have moved across College Scorecard releases (2009-2024).
Average Net Price
Completion Rate
Median Earnings, 10 Years After Entry (as reported)
Earnings reflect borrowers measured 10 years after entry and publish on an irregular cadence with a multi-year reporting lag, so this series shows only the years the Department of Education reported - the data is never interpolated.
Source: U.S. Department of Education College Scorecard, release years shown. Net price and completion are reported annually.
Admissions Snapshot
| Acceptance rate | 70.4% |
| Enrollment | 1,441 |
| Pell Grant recipients | 35.2% |
| Avg faculty salary (monthly) | $9,234 |
Indiana Tech admits 70.4% of applicants - moderately selective on paper. The 47.8% completion rate suggests admit standards are loosely matched to retention; many adult learners and non-traditional students enroll part-time, which complicates the standard 6-year cohort tracking. Students should evaluate Indiana Tech based on program-specific outcomes (engineering and accounting outperform the institutional median).
Compared to Similar Schools
Peer institutions matched by type, size, and selectivity.
| School | ROI | Net Price | 10yr Earnings |
|---|---|---|---|
| Indiana Institute of Technology (this school) | 26 | $23,206 | $47,327 |
| Bethel University | 34 | $18,610 | $48,860 |
| Anderson University | 32 | $25,021 | $48,899 |
| William Woods University | 26 | $26,569 | $42,401 |
| Atlantic University | 26 | $6,425 | $25,272 |
| Missouri Baptist University | 25 | $27,006 | $46,660 |
Who Thrives Here
Indiana Tech fits Indiana and Ohio working adults seeking flexible scheduling for engineering, business, or criminal justice degrees, particularly those targeting the Fort Wayne and northeast Indiana labor market. With 1,441 students and a 35.2% Pell rate, the campus is small and working-class-leaning. Strong outcomes for the small industrial engineering cohort ($77,456 first-year earnings, B grade); decent for accounting; weaker for the larger business administration and criminal justice flows.
The Verdict: Below Benchmark Under Our Scoring
Under our methodology, Indiana Institute of Technology scores 26/100, which falls in the Below Benchmark tier (below 45). At a net price of $23,206 per year, with typical graduate earnings of $47,327 ten years after entry, we estimate the payback period at about 18.9 years. In our view that makes the financial case a hard one to make on the numbers alone, but those numbers are averages: your major, your aid package and what you want from a degree all change the picture, so run your own numbers before you commit.
What to keep an eye on: weak earnings relative to cost, its 47.8% graduation rate, a debt-to-earnings ratio of 0.69 (median across the schools we score: 0.61), a three-year loan repayment rate of 49.0% (median across the schools we score: 73.6%), a long payback period.
Median debt of $26,391 among graduates who borrowed, against average earnings of $38,300 six years after entry, gives a debt-to-earnings ratio of 0.69. That is under 1.0 (a full year of those earnings); the median across the schools we score is about 0.61. Your major - and how much you borrow - really matters.
Indiana Institute of Technology: Common Questions
Is Indiana Institute of Technology worth it?
In our view, the financial case is a hard one to make on the numbers alone. Indiana Institute of Technology scores 26/100 on our ROI scale, in the Below Benchmark tier (below 45). At $23,206 a year after aid against $47,327 in typical earnings ten years out, we estimate the payback period at about 18.9 years. Your major and aid package can change the picture, so run your own numbers.
How much does Indiana Institute of Technology cost after financial aid?
The average net price - the cost of attendance (tuition, fees, books, supplies and average living costs) minus grants and scholarships, for full-time, first-time students receiving federal aid - is about $23,206 a year, or roughly $92,824 over four years. Because it counts living costs, it can run above tuition alone. That is the number to plan around. Actual cost varies by family income, per the U.S. Department of Education's College Scorecard.
What do Indiana Institute of Technology graduates earn?
The typical graduate earns about $47,327 ten years after enrolling, roughly $5,527 a year more than the median high-school graduate ($41,800, per NCES, 2022). That earnings gap is what has to cover the cost of the degree.
How long does it take to pay off Indiana Institute of Technology?
We estimate the payback period - the time it takes for the earnings bump over a high-school graduate to cover what you spent - at about 18.9 years for Indiana Institute of Technology. The median across the schools we track is about 12 years.
How much debt do Indiana Institute of Technology graduates take on?
Among graduates who borrowed, median federal loan debt from this school is about $26,391, against average earnings of $38,300 six years after entry - a debt-to-earnings ratio of 0.69. That is under 1.0 (a full year of those earnings); the median across the schools we score is about 0.61. How much you borrow really matters.
What is the graduation rate at Indiana Institute of Technology?
The six-year graduation rate is 47.8%. The national average for four-year schools is 64% (NCES, 2022). Completion is 15% of our ROI score, since a degree you don't finish rarely pays back.
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Data: College Scorecard API (U.S. Department of Education)
Vintage: 2024-2025 · Last updated: 2026-03-25
Earnings reflect median outcomes for all federal financial aid recipients. Individual results vary by major, effort, and career path.