Oregon Institute of Technology

In 2022, tuition for full-time OIT students was $10,002 a year for in-state students and $31,837 a year for out-of-state students.

Usually, college tuition rises about 3% year.

If these numbers sound impossible, remember, the total cost of tuition isn't the final cost for attending college. Many students pay much less than the sticker price after grants, scholarships, and tuition discounts kick in. And, student loans can make theprice of collegemore manageable until you're done with college.

Oregon Institute of Technology meets 36.2% of the demonstrated financial need for undergraduates. First-year students that attend Oregon Institute of Technology full-time are awarded $14,304 a year in financial aid, on average.

Students in the class of 2023 who had taken out student loans graduated with an average of $28,631 of debt.

Oregon Institute of Technology: In-state vs. Out-of-State Tuition

Oregon Institute of Technology is a public, state institution, which means it offers a reduced tuition rate of $10,002 for students who qualify as state residents and attend full-time.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for students who are residents of that state.

Attending an insitution where you qualify for the reduced tuition offered to state residentscan drastically reduce the overall cost of college. Don't forget to check your state's requirements for as an in-state resident. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on the state you and your parents currently live in.

Explore other Oregon colleges

Is Oregon Institute of Technology's Tuition Different for International Students?

Tuition at Oregon Institute of Technology is the same for every student.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or school-specific aid and scholarships.

International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.

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Oregon Institute of Technology Living Expenses, Fees, and More

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In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Oregon Institute of Technology.

House and Food Costs at Oregon Institute of Technology

Housing and campus dining at Oregon Institute of Technology costs $9,936 a year. This number includes the cost of living in dorms or other on-campus housing, plus a dining plan that allows you to eat in the Oregon Institute of Technology's on-campus cafeterias and dining facilities.

Board costs may vary depending on how many meals are included in the plan you choose.

Cost of Books at Oregon Institute of Technology

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

The majority of colleges also have fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be additional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer ways for students with financial need to find ways to lower or eliminate these costs.

Transportation costs

The total cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

The location of a college or university can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city could be pricey, but cities may offer more trains, busses and low-cost flight options to actually get to school. The Oregon Institute of Technology campus is located in a rural area in Oregon.

Other Costs

When creating a budget for college, don’t forget to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending Oregon Institute of Technology

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Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending Oregon Institute of Technology.

How Much Does Oregon Institute of Technology Cost?

What will the cost of attending Oregon Institute of Technology be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$10,002
Out-of-State Tuition	$31,837
Room and Board	$9,936

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Oregon Institute of Technology Financial Aid

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In 2023, 979 of the 4,811 undergrads enrolled received financial aid. Oregon Institute of Technology meets 36.2% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $14,304 a year. Around 57.7% of Oregon Institute of Technology undergrads take out student loans to cover any remaining costs. Oregon Institute of Technology graduates who have student loans graduate with an average of $28,631 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$21,915
Oregon Institute of Technology-Specific Loans	$2,833
Private Loans	$55,740

Most Common Loans for Oregon Institute of Technology Students
Federal Loans	56.3%
Institutional Loans	3.7%
Private loans	7.5%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Oregon Institute of Technology financial aid, keep reading, or visit their financial aid website.

Scholarships at Oregon Institute of Technology

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Oregon Institute of Technology awarded 594 need-based scholarships to students, giving away total of $7.4 million to help students with financial need cover the cost of school. An additional $2.8 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Oregon Institute of Technology Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Oregon Institute of Technology students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Oregon Institute of Technology was $14,304 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Oregon Institute of Technology seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$-5,325
Net In-state, Off-campus	$-957
Out-of-State, On-Campus	$30,814.05

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending Oregon Institute of Technology really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Oregon Institute of Technology's net cost calculator on their website.

Oregon Institute of Technology Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Oregon Institute of Technology Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Oregon Institute of Technology's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Oregon Institute of Technology's endowment was valued at $8.2 million in 2023, compared to a national average of $905 million. The school spends $4,220 for each full-time student enrolled.

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Learn More About Oregon Institute of Technology

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

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