IIT vs. Lake Forest College

Should I go to Illinois Institute of Technology or Lake Forest College? Compare 50+ facts and figures about the colleges to help you determine if IIT or Lake Forest College is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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Illinois Institute of Technology vs. Lake Forest College comparison
Illinois Institute of Technology Lake Forest College College 3 College 4
Illinois Institute of Technology Lake Forest College
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Overview

IIT Lake Forest College
Location Chicago, IL Lake Forest, IL
Setting Large City Large Suburban
Enrollment 6,943 1,753
Type Private 4 Year Private 4 Year
National Ranking #186 #267
Religious Affiliation - - - -
Status Non-profit Non-profit
Website iit.edu lakeforest.edu
Team Colors                    

Costs

IIT Lake Forest College
Tuition (In State) $48,670 $52,000
Tuition (Out of State) $48,670 $52,000
Room & Board $15,570 $11,898
Avg Net Price $28,702 $27,839
Avg Grant Aid $40,243 $37,907
% Receiving Grant Aid 99% 100%

Admission

IIT Lake Forest College
Admission Chances Calculate Calculate
Applied 7,243 4,665
Admitted 4,450 2,786
Acceptance Rate 61.4% 59.7%
Enrolled % 13.9% 16%
Avg High School GPA 3.84 3.62
Typical High School Grades A- B+
Admissions Standards Very High Difficult
Applicant Competition Low Low
ACT Range 28/32 26/31
SAT Range 1220/1410 1153/1340
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not required for admission, but considered if submitted (Test Optional)
Application Deadline Mar 1, 2024 Feb 15, 2024

Academics

IIT Lake Forest College
Student to Faculty Ratio 13:1 12:1
Popular Majors
  • Engineering (50%)
  • Architecture (20%)
  • Computer and Information Sciences (8%)
  • Business (7%)
  • Biology (4%)
  • Social Sciences (27%)
  • Business (9%)
  • Communication (9%)
  • English and Literature (8%)
  • Foreign Languages (8%)

Outcomes

IIT Lake Forest College
Graduation Rate 64% 68%
Median Earnings (After 10 years) $79,300 $53,800
Making Student Loan Payments 81% 78%
Median Student Loan Debt $27,000 $27,000
Median Loan Payment $279 $279

Diversity

IIT Lake Forest College
% Men 63% 41%
% Women 37% 59%
Racial Diversity Very High High
HBCU No No
% White 33% 58%
% Black 6% 7%
% Hispanic 16% 17%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 2% 3%
% International 26% 8%
% Unknown Race 4% 3%

Students

IIT Lake Forest College
% In-State 60% 48%
% Out-of-State 29% 52%

Campus

IIT Lake Forest College
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes Yes No
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Illinois Institute of Technology is larger than than Lake Forest College based on total student enrollment (6,943 students vs. 1,753 students)

IIT vs. Lake Forest College Cost Comparison

Which college is more expensive, IIT or Lake Forest College?

  • Lake Forest College is 6.8% more expensive to attend than IIT for in-state tuition ($52,000.00 vs. $48,670.00)
  • Out of state tuition is 6.8% higher at Lake Forest College than Illinois Institute of Technology ($52,000.00 vs. $48,670.00)
  • The typical actual cost that students pay to attend (average net price) is less at Lake Forest College than IIT ($27,839 vs. $28,702)
  • Living costs (room and board or off-campus housing budget) at Lake Forest College are 30.9% lower than costs at Illinois Institute of Technology ($11,898 vs. $15,570)
  • More students receive financial grant aid at Lake Forest College than Illinois Institute of Technology (100% vs. 99%)
  • The average total grant financial aid received by Illinois Institute of Technology students is 6.2% larger than aid received Lake Forest College ($40,243 vs. $37,907)

IIT vs. Lake Forest College Admissions Difficulty Comparison

Which college is harder to get into, IIT or Lake Forest College? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Lake Forest College or IIT .

  • Accepted freshman IIT students have a 0.22 point higher average high school GPA (3.84) than students at Lake Forest College (3.62)
  • IIT has a higher acceptance rate (61.4%) than Lake Forest College (59.7%)

IIT vs. Lake Forest College Graduation Outcomes Comparison

Which is better, IIT or Lake Forest College? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between Lake Forest College and IIT.

  • The graduation rate at Lake Forest College is higher than Illinois Institute of Technology (68% vs. 64%)
  • Graduates from Illinois Institute of Technology earn on average $25,500 more per year than Lake Forest College graduates after ten years. ($79,300 vs. $53,800)
  • Lake Forest College and IIT graduates both have the same median student loan debt upon graduation ($27,000 vs. $27,000)
  • Lake Forest College and IIT graduates both have a median monthly student loan payment upon graduation ($279 vs. $279)
  • More IIT graduates are actively paying back their federal student loan debt than former Lake Forest College students, three years after graduation. (81% vs. 78%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/