Morrison Institute
of Technology
Private College in Morrison, IL. Six-year graduation rate 90%. Median 10-year earnings $63,571.
Students who entered Morrison Institute of Technology reach a median of $63,571 ten years later, which puts this school in the upper band of undergraduate earnings outcomes. Completion is a strength: 90% of students finish within six years. Borrowing stays contained, with median debt at graduation of $12,000.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.19 — healthy (below the 0.40 threshold)
- ✓ Graduation rate 90% — well above the national average
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
90% of students finish within six years, putting completion well above the national norm. Retention is strong at 89%, and first-year attrition is where most degrees are lost. A 8:1 ratio points to small classes and accessible faculty. Judge these figures against other institutions of the same type — sector explains more of the variation in completion than any single campus factor. At 54 undergraduates, expect a small, closely-held student body.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 54 degree- or certificate-seeking undergraduates
Students pay an average of $21,336 annually once grants are applied. Net price swings hard on family income here, from $12,574 at the $0–30k band to $29,086 at $110k+. Grant aid is widespread — 85% of students receive it, averaging $8,839. Borrowing is widespread: 80% take federal loans.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 19 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $12,574 |
| $30–48k | $13,941 |
| $48–75k | $18,799 |
| $75–110k | $24,713 |
| $110k+ | $29,086 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 43 of these 54 students, totalling $254,250 — an average of $5,913 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Whiteside County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)