#3 Best Public Universities in Oregon

OIT Tuition & Cost

Klamath Falls, Oregon

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How much does it cost to attend?

In State Oregon Resident Sticker Price
In State Costs for Oregon Institute of Technology
Fee Cost
Books and Supplies$1,225
Other Fees$2,050
Room and Board $10,214
Other Expenses Budget$3,568
Out of State Resident Sticker Price
Out of State Costs for Oregon Institute of Technology
Fee Cost
Books and Supplies$1,225
Other Fees$2,050
Room and Board $10,214
Other Expenses Budget$3,568

In-state tuition at Oregon Institute of Technology for undergraduate students residing in Oregon is $9,572. Room and board charges total $10,214 per year. Students will also need to budget for books and supplies, which typically amount to $1,225 annually. Other administrative or academic fees are $2,050 for the year. Additionally, students should plan an estimated $3,568 for other miscellaneous expenses throughout the year. In sum, residents attending Oregon Institute of Technology full time should expect a total annual cost of $26,629.

Undergraduate tuition at Oregon Institute of Technology is $30,465 for out-of-state students. Additionally, out-of-state students are charged $10,214 for room and board, $1,225 for textbooks and educational resources, plus fees of $2,050. Students are advised to budget $3,568 for other expenses. When these costs are combined, annual out-of-state charges total $47,522. This figure is 78.5% higher than what Oregon residents pay.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending Oregon Institute of Technology, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020
Net Price by Income Oregon Institute of Technology
Family Income Net Price Paid
$0 to $30,000$10,906
$30,001 to $48,000$12,662
$48,001 to $75,000$16,695
$75,001 to $110,000$19,011

The average reported annual net price for Oregon Institute of Technology for students receiving grants or scholarship aid was $16,702 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

93% of full-time undergrad Oregon Institute of Technology received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,850 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 46% of students received Federal Student Loans averaging $5,170 and 7% of undergrads took out private student loans averaging $13,681.

Finanical Aid Oregon Institute of Technology
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $6,850 93%
Institutional Grants and Scholarships $4,151 86%
Pell Grants $4,591 37%
Other Federal Grants $777 17%
State and Local Grants $3,031 24%
Federal Student Loans $5,170 46%
Other Student Loans $13,681 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Oregon Institute of Technology, we've modeled a ten year student loan with an original principal value of $49,800. The loan balance of $49,800 is a four year multiple of the $12,450 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $528 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.99%.

Example Loan $49,800
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $527.96
Total Interest Paid $13,555.55
Sum of All Loan Payments $63,355.55

Projected 4 Year Degree Price

4 Year Sticker Price
Year Oregon Residents Non Residents
1 $26,629 $47,522
2 $27,589 $49,235
3 $28,584 $51,011
4 $29,614 $52,850

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Oregon Institute of Technology to be $106,516 - assuming graduation in normal time. The estimation assumes a 3.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Oregon Institute of Technology
Price Per Credit 3 Credit Class 4 Credit Class
Oregon Residents $213 $639 $852
Out of State Residents $677 $2,031 $2,708

Estimated cost for a class at Oregon Institute of Technology based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Oregon Institute of Technology versus other colleges.

Tuition Payment Plans Available

Oregon Institute of Technology Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=209506 IPEDS survey data for Oregon Institute of Technology.