Compared with public higher education institutions and private universities, private institutes of technology in Taiwan encounter more disadvantages. Due to the low birthrate in recent years, private institutes of technology, highly dependent on tuition, have experienced financial difficulties, and some institutions lacking sufficient enrollments have been forced to shut down. The purpose of this paper was to describe the financial structure of private institutes of technology from 2006 to 2008 and then it compares the institutes with good recruitment records with those with bad records. The results show that tuition is the most important source of income for private institutes of technology. Yet when facing the challenge of the low birthrate, increasing sources of financial revenue and cutting expenditures will still be inadequate. Institutes with other sources of income and relatively less dependent on tuition revenue are committed to the improvement of the quality of education and learning conditions. On the contrary, institutes with poor recruitment records have been unable to improve their financial performance and teaching environments. This paper ends by offering advice for private institutes of technology with good and poor records of recruiting students.