Cost Details
- In-State Tuition
- $19,900
- Out-of-State Tuition
- $19,900
- Average Net Price
- $24,326
- Students Receiving Financial Aid
- 38.2%
- Room & Board (On Campus)
- $8,374
- Room & Board (Off Campus)
- $8,488
- Median Debt at Graduation
- $12,000
- Estimated Monthly Loan Payment
- $127/mo
- Loan Repayment Rate
- 71.7%
- Students Taking Federal Loans
- 77.9%
- Pell Grant Recipients
- 38.2%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $23,751 |
| $30,001 – $48,000 | $17,833 |
| $48,001 – $75,000 | $22,358 |
| $75,001 – $110,000 | $28,138 |
| $110,001+ | $29,167 |
Cost Estimator
Cost Overview
Most families pay far less than the $19,900 sticker price at this technical powerhouse. Students from families earning under $48,000 typically pay around $17,833 to $23,751 annually after aid. The net price climbs to $29,167 for higher-income families. Over two years, total costs range from roughly $36,000 to $58,000 including room and board.
Morrison's specialized automotive and diesel programs deliver strong returns on investment. Graduates earn a median of $63,571 ten years after enrollment, while carrying just $12,000 in debt. Monthly loan payments average $127, easily manageable against those earnings. The 97.4% employment rate reflects industry demand for skilled technicians. About 54% of students receive institutional grants averaging $8,218.
Lower-income students get the best financial deal here. They face the lowest net prices while accessing the same high-paying career tracks that make Morrison's rural Illinois campus a launching pad into technical trades.
Morrison's specialized automotive and diesel programs deliver strong returns on investment. Graduates earn a median of $63,571 ten years after enrollment, while carrying just $12,000 in debt. Monthly loan payments average $127, easily manageable against those earnings. The 97.4% employment rate reflects industry demand for skilled technicians. About 54% of students receive institutional grants averaging $8,218.
Lower-income students get the best financial deal here. They face the lowest net prices while accessing the same high-paying career tracks that make Morrison's rural Illinois campus a launching pad into technical trades.
Official Net Price Calculator
Get a personalized cost estimate from Morrison Institute of Technology:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.