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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
$25,731
In State Costs for Oregon Institute of Technology
Fee Cost
Tuition$9,212
Books and Supplies$1,225
Other Fees$2,057
Room and Board $9,936
Other Expenses Budget$3,301
Out of State Resident Sticker Price
$45,841
Out of State Costs for Oregon Institute of Technology
Fee Cost
Tuition$29,322
Books and Supplies$1,225
Other Fees$2,057
Room and Board $9,936
Other Expenses Budget$3,301

Residents of Oregon pay an annual total price of $25,731 to attend Oregon Institute of Technology on a full time basis. This fee is comprised of $9,212 for tuition, $9,936 room and board, $1,225 for books and supplies and $2,057 for other fees.

Out of state residents are charged a total cost of $45,841 which is 78.2% higher than Oregon residents. The tuition charge is $29,322 while room and board is $9,936, books and supplies are $1,225 and other fees come in at $2,057.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

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 2019/2020
$16,702
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
$110,000+$19,655

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 $475 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 2.75%.

Example Loan $49,800
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $475.15
Total Interest Paid $7,217.63
Sum of All Loan Payments $57,017.63

Projected 4 Year Degree Price

4 Year Sticker Price
$102,924
Year Oregon Residents Non Residents
1 $25,731 $45,841
2 $27,058 $48,206
3 $28,454 $50,693
4 $29,922 $53,308

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 $102,924 - assuming graduation in normal time. The estimation assumes a 5.2% 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 $205 $615 $820
Out of State Residents $652 $1,956 $2,608

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.