Financial Assistance

IIT Institute of Design (ID) regularly provides fellowships and scholarships to offset the cost of tuition. Awards are based on merit and typically announced in the fall semester.

All newly admitted students are automatically considered for fellowships and scholarships, with early admissions considered first. No additional materials are required.

Merit Fellowships
Additional Financial Aid
Merit Scholarships
Frequently Asked Questions

Merit Fellowships

Fellowships are funded by generous patrons who share in our commitment to improve the world through advanced design theory and practice. Fellowships are awarded to newly admitted MDes and MDes + MBA students.

ID Alumni Graduate Fellowships
Funded by the contributions from the ID alumni network, this fellowship aims to continue to build the community of design leaders by funding students of outstanding promise. Awards vary.

Grace Colby Fellowship
Funded by ID alumna and former board member Grace Colby (BS 1985), this fellowship supports a PhD student of outstanding promise.

Jay Doblin Fellowship
This fellowship honors the legacy of Jay Doblin, ID dean from 1955 to 1969, who made a significant and permanent impact on the ID curriculum and the field of design. The fellowship provides up to 25 percent of tuition over four semesters to a student of outstanding promise.

Sam Farber Fellowship
Created by friends and family to honor the legacy of Sam Farber (the former CEO of Copco who brought human-centered design to food preparation by launching the OXO brand of kitchen implements), this fellowship provides up to 100 percent of tuition over four semesters to a student of outstanding promise.

Insitum Fellowship
Created by five ID alumni at the helm of leading innovation consultancy Insitum, the Insitum Fellowship offers merit-based support for ID students.

Debbie Lo Fellowship
The Debbie Lo Fellowship is an opportunity for an outstanding student from Hong Kong or mainland China to receive up to 100% of tuition for four semesters for the Master of Design program. Victor Lo, chairman and chief executive of Gold Peak Industries, is a distinguished ID alum.

Rob Pew Fellowship
Funded by board member emeritus, Rob Pew, this fellowship provides up to 100 percent of tuition over four semesters to a student of outstanding promise.

Powell Fellowship
Funded by Ryan Powell (MDes 2001), head of UX research and design at Waymo, the Powell Fellowship is a merit- and needs-based fellowship for MDes students at ID.

Carole and Gordon Segal Endowed Fellowship
Endowed by Carole and Gordon Segal, the Segal fellowship provides support to an ID student of outstanding promise.

Merit Scholarships

Scholarships are funded by ID to recognize students of particular merit. Scholarships are awarded to newly admitted MDes and MDes + MBA students.

Additional Financial Aid

IIT Office of Financial Aid
Please visit IIT’s financial aid website for additional guidance on financing your education. They can be reached at 312-567-7219 or To expedite the process, all domestic students should complete a FAFSA application. Alternate funding options are available for international students.

Frequently Asked Questions

How do I apply for a fellowship or scholarship?
All newly admitted students are automatically considered based on their admission materials. No separate application is needed.

What is the difference between a fellowship and a scholarship?
Fellowships are sponsored by donors; scholarships are sponsored by IIT Institute of Design.

When will I be notified of an award?
Decisions are typically awarded after admission. We will send notification via email. Only those who have been awarded a scholarship or fellowship will receive notification of an award.

Do you award fellowships or scholarships based on need?
All fellowships and scholarships are awarded on merit. Past, present, and likely future accomplishments are considered.

If I am admitted and do not receive a fellowship or scholarship, can I apply once I begin the program?
Fellowships and scholarships are only awarded on the entering semester for newly admitted students to the program.

How much money will I be awarded?
Specific amounts will vary. In the past, fellowships and scholarships have provided approximately 5% of tuition up to 50% of tuition.

Can I pick which fellowship I want to apply for?
To maximize the impact of awards, the fellowship committee decides which fellowships are distributed to whom.

Do all your programs award scholarships and fellowships?
Our scholarships and fellowships are available only for newly admitted Master of Design and Master of Design + MBA students.

If I defer my admission, will I still receive my fellowship or scholarship when I enter the program?
Fellowships and scholarships cannot be transferred from semester to semester or year to year. If you are unable to attend in the semester in which you were awarded a fellowship or scholarship, you will be considered again for for the semester in which you enroll. However, due to the competitive nature of our programs, we cannot guarantee it will be available to you at that time.

Join our Graduate Program

Get complete information on application requirements.

Application Deadlines

Spring 2021 admission
October 30, 2020
Fall 2021 admission
January 22, 2021 (early round)
March 5, 2021 (final round)
Late applications may be considered, please contact us
Admission to the MDes program with Foundation is offered for the fall semester only. Your application must be completed by 5pm (CST/Chicago time) on the due date to be considered for that round. You will receive an email confirmation when all of your materials have been received. Admission decisions will be communicated roughly four weeks after this confirmation.

Additional Questions

If you have additional questions regarding our application process or requirements, please send an email to or call us at 312 595 4900.

Frequently Asked Questions

Visit our FAQ page for more information. 

Applying from outside the US?

Visit the International Applicants page to view specific information for your situation.