Graduate Domestic Students

Graduate Fellowships and Assistantships

Graduate fellowships, teaching assistantships, and research assistantships are awarded by individual academic departments to a limited number of highly qualified, full-time students (usually at the Ph.D. level) at the time of admission. If you receive a funding award, you will be notified of the award in your official admission letter. Departmental funding is based on merit and not on need, and every applicant is automatically considered upon timely submission of a complete application packet. Review application deadlines to see upcoming financial consideration deadlines. No additional paperwork is required.

NEW Professional Master’s Scholarships for Illinois Tech Alumni

Illinois Tech has established a new scholarship designed to assist university alumni in obtaining professional master’s degrees. This scholarship opportunity will cover $25,000 in tuition costs for all Illinois Tech alumni who enroll in one of our industry-leading professional master’s degree programs, offered both in-person and online. You can choose from a non-thesis or thesis-optional program. Our professional master’s degrees offer you the same high quality of our M.S. degrees—with relevant courses taught by Illinois Tech’s renowned faculty—and do not require a thesis.

ACE Award 

The ACE Award is a partial-tuition scholarship for master’s-level study at Armour College of Engineering that encourages participation in various educational, research, and/or leadership activities and projects that are expected to enhance your educational experience and contribute to your professional competence in your chosen field of study.

This award covers the cost of 3 credit hours per semester and can be used for a total of two semesters. The award cannot be used in the summer term and is not deferrable. The ACE Award is restricted to students studying on Mies Campus. Students who receive the ACE Award who excel in leadership/academics while on campus may qualify for an award for current students called the Armour Master Scholarship. 

Architecture Master’s Scholarship

The Architecture Master’s Scholarship is offered to students seeking an M.ARCH., M.S. ARCH., or M.L.A. The award covers the cost of 3, 4.5, or 5 credit hours per semester as determined by a student’s program of study. The award is available for the duration of the program, with a max of four semesters, and cannot be used in the summer term. Students can defer this award for one semester.

Chicago Innovation Scholarship

The Chicago Innovation Scholarship is offered to selected domestic students in the Accelerated M.B.A. and Online M.B.A. programs who demonstrate a continuing commitment to innovation. In addition to the scholarship, each student will receive membership in Chicago Innovation and free admission to attend the organization’s events. Selected students are awarded up to $14,000 over the course of six semesters. This award is deferrable up to one year. Students seeking joint Stuart School degrees are only eligible for one Stuart scholarship.

Chicago Talent Pipeline Scholarship

The Chicago Talent Pipeline Scholarship is a partial-tuition scholarship for master’s-level study at Stuart School of Business. The scholarship is awarded to domestic Chicago-area students seeking an M.S. in finance, management science, marketing analytics, or environmental management and sustainability. Eligible students must seek to advance their careers in the Chicago-area market. The scholarship is capped at $20,000 per degree and is spread evenly across the 11 3-credit-hour courses needed for an M.S. This award is deferrable up to one year. Students seeking joint Stuart School degrees are only eligible for one Stuart Scholarship.  

Data Science Excellence Scholarship

The Data Science Excellence Scholarship is awarded to select data science students. Scholarship values vary based on applicants’ GPA, GRE score, and academic/professional experiences. The scholarship can be used for four semesters and can be used in conjunction with other scholarships awarded by the College of Computing. The maximum award value is a flat $4,000 per semester. This award can be deferred up to one year. 
 

Graduate Housing Scholarship  

The Graduate Housing Scholarship is a two-semester award offered to incoming graduate students who wish to reside in McCormick Student Village (MSV).* To use the scholarship students must enroll in three or more credit hours and sign a nine-month lease (fall enrollees) or a four-month lease (spring enrollees). The value of this award varies based on annual contract terms.The award cannot be used during the summer term. If a students’ housing charges are less than the value of their scholarship, the scholarship will be reduced accordingly. 

*Students awarded the Graduate Housing Scholarship prior to the Fall 2019 semester can use the award for the duration of their program of study. These students can use the award to cover the cost of living in MSV, Kacek Hall, or State Street Village (SSV).

Graduate Meal Plan Award

The Graduate Meal Plan Award is a two-semester award offered to graduate students who wish to reside in campus housing.* To use the award students must enroll in three or more credit hours and sign a nine-month lease or four-month lease. The value of this award varies based on annual contract terms. The Graduate Meal Plan Award cannot be used during the summer term. If a students’ meal plan charges are less than the value of their award, the award will be reduced accordingly. Cambridge Education Group (CEG) students are not eligible for this award.

*Students awarded the Graduate Meal Plan Award prior to the Fall 2019 semester can use the award for the duration of their program of study. 

Graduate Pathways 

The Graduate Pathways award is offered to on-spot admits in any master’s program. Eligible students are awarded up to $5,000 per semester for a total of two semesters.* This award can be deferred up to one year and cannot be used in the summer. Students participating in the India Online program are not eligible for this award. 

*Less than full-time students who enrolled prior to the spring 2020 term received prorated scholarships and were permitted to use forgone funding in a third term.

IIT College Scholarship 

The IIT College Scholarship is awarded to students studying chemistry, applied mathematics, or physics. The scholarship caps out at $2,500 per semester and is renewable for four semesters. This award can be used for summer and can be deferred up to one year. Students participating in the India Online program are not eligible for this award.

Science Frontier Scholarship 

The Science Frontier Scholarship is awarded to domestic students studying in the Lewis College of Science and Letters* The award caps out at $2,250 per semester and is offered for four semesters.** This award can be deferred up to one year and cannot be used during the summer term.

*Students studying computer science, biology for health professions, and analytical chemistry are not eligible for the Science Frontier Scholarship.
**Students admitted prior to the fall 2020 term were eligible for $9,000 in prorated scholarship funding across three semesters.

Stuart School of Business M.P.A. Scholarship

The Stuart School of Business M.P.A. Scholarship is available to students pursuing a Master of Public Administration. Students can use this scholarship for a maximum of six terms. The value of the scholarship will vary as it covers a fixed percentage of tuition charges from the Stuart School. This percentage varies by applicant; the maximum value available is 35 percent of the Stuart School charges. This award is deferrable up to one year. Students seeking joint Stuart School degrees are only eligible for one Stuart Scholarship. 

TechEdge Scholarship

The TechEdge Scholarship is awarded to selected information technology and management students. Scholarship values vary; the maximum award is $2,500 per semester for a total of four semesters. This award can be deferred up to one year. Students participating in the India Online program are not eligible for a TechEdge Scholarship. The TechEdge Scholarship cannot be used during the summer term.
 

Other Financial Support

Financial support for graduate study is also available from a number of other sources. U.S. citizens and permanent residents may be eligible for federal student loan and work-study programs. For information on student loans and other financing options, visit the Office of Financial Aid website or contact that office directly at finaid@iit.edu or 312.567.7219.

Payment Plans

Illinois Tech offers tuition deferral and installment payment plans. If your employer offers a tuition reimbursement plan, you may be able to apply for a deferred payment plan that will allow you to delay payment until you have received reimbursement from your employer. You must submit an application and fee and a letter from your employer in order to participate. Illinois Tech also offers installment payment plans for full- and part-time students. For further information, please visit the Student Accounting Office website or contact that office directly at bursar@iit.edu or 312.567.3785.

On-Campus Jobs

Illinois Tech’s Student Employment Office maintains an online database of on-campus jobs. If you are admitted to Illinois Tech, you can create a Handshake account to search for open positions after you arrive on campus and check in during orientation.

International students should be aware that there are restrictions on the types of employment they may accept while in the United States on a student visa. Please contact Illinois Tech's International Center at icenter@iit.edu or 312.567.3680 for additional information.

Private Loans

When selecting a private loan, consider using FASTChoice, a compilation of lenders who are selected by our staff because of their friendly lending practices. Once a student selects a lender, the student will need to apply for the loan itself. If the student is approved for a loan, the lender will contact Illinois Tech requesting we certify the loan. Upon certification of the loan, the student will receive an email within 24 hours. The loan will disburse to your account within three weeks of certification (presuming class is in session) assuming no additional information is required by the lender or the Office of Financial Aid.