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#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
$24,252
In State Costs for Oregon Institute of Technology
Fee Cost
Tuition$8,498
Books and Supplies$1,225
Other Fees$1,620
Room and Board $9,579
Other Expenses Budget$3,330
Out of State Resident Sticker Price
$42,802
Out of State Costs for Oregon Institute of Technology
Fee Cost
Tuition$27,048
Books and Supplies$1,225
Other Fees$1,620
Room and Board $9,579
Other Expenses Budget$3,330

Residents of Oregon pay an annual total price of $24,252 to attend Oregon Institute of Technology on a full time basis. This fee is comprised of $8,498 for tuition, $9,579 room and board, $1,225 for books and supplies and $1,620 for other fees.

Out of state residents are charged a total cost of $42,802 which is 76.5% higher than Oregon residents. The tuition charge is $27,048 while room and board is $9,579, books and supplies are $1,225 and other fees come in at $1,620.

All price data is sourced from the 2018/2019 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Oregon Institute of Technology when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$16,503
Net Price by Income Oregon Institute of Technology
Family Income Net Price Paid
$0 to $30,000$13,824
$30,001 to $48,000$14,534
$48,001 to $75,000$16,108
$75,001 to $110,000$20,275
$110,000+$19,826

The average reported annual net price for Oregon Institute of Technology for students receiving grants or scholarship aid was $16,503 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

Finanical Aid Oregon Institute of Technology
Type Avg./Student Students Receiving
Annual Total Grant Aid $5,674 74%
Pell Grant $4,334 34%
Federal Student Loan $5,414 50%

The average reported annual net price for Oregon Institute of Technology for students receiving grants or scholarship aid was $16,503 in 2017/2018.

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 $517 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 4.529%.

Example Loan $49,800
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $516.82
Total Interest Paid $12,217.89
Sum of All Loan Payments $62,017.89

Projected 4 Year Degree Price

4 Year Sticker Price
$97,008
Year Oregon Residents Non Residents
1 $24,252 $42,802
2 $25,860 $45,640
3 $27,575 $48,667
4 $29,404 $51,894

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 $97,008 - assuming graduation in normal time. The estimation assumes a 6.6% 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 $184 $552 $736
Out of State Residents $585 $1,755 $2,340

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

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