Illinois College Tuition 2026: $38676 + Cost Breakdown

$38,676

Tuition

$43,870

Cost of Attendance

$18,298

Net Price

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Illinois College Tuition and Fees

Illinois College is a prominent educational institution known for offering a range of undergraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at IC is quite moderate compared to the expense of education at most institutions. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $33,740, which includes the total tuition fees and other expenses. The housing facilities cost $9,374, while the other expenses add up to $1,500.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$38,676	$38,676
Book & Supplies	NA	NA
Room & Board cost	$9,280	$9,280
Other Expenses	$1,500	$1,500
Total Cost of Attendance	$43,870	$43,870

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending Illinois College come out to be around $33,740 per year. In addition to this, the students will be required to pay an average amount of $7,657 toward room and boarding and $1,500 for various other expenses. Therefore, the estimated cost of attendance for one year at IC is around $42,897, as per the available information.

Average Net Price by Family Income

Net Price

$18,298

Family Income

Avg. Net Price

$0 to $30,000

$12,366

$30,001 to $48,000

$12,657

$48,001 to $75,000

$15,457

$75,001 to $110,000

$18,586

$110,000+

$21,034

The net price of attending Illinois College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $17,594 at IC. The net price for students with an annual family income below $30,000 is reported to be around $11,376. For the individuals who come under the $30,001-$48,000 income category, the net cost is $12,454. On the other hand, an estimated net cost of $14,942 is charged for the $48,001-$75,000 income bracket, $19,711 for the $75,001-$110,000 income category, and $22,687 for an annual family income more than $110,000.

Student Loans

Example Loans

$60,296

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$626

Total interest paid

$14,793

Sum of Loan Payments

$75,089

To have a realistic understanding of how much it will cost to study at Illinois College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $60,296 for example. This will result in a $7,509 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $75,089 which is $14,793 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$38,676	$38,676
Room & Board Cost	$9,280	$9,280
Total Tuition & Fees	$42,370	$42,370

At Illinois College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $33,740 in a year. Alongside that, they will likewise need to shell out around $7,657 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $42,897.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$400
Undergraduate	2018 - 2019	$1,015

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Illinois College varies for graduate and undergraduate courses. The cost per credit hour for the graduate courses at the college sits at $259. At present, Illinois College also offers various online programs to students across as many as 37 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$9,280	$5,940
Other Expense	$1,500	$1,500
Book & Supplies	N/A	N/A

Now, coming to the lodging and related expenses at IC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $10,874 per year, while students have to pay $7,440 a year for off-campus housing. For on-campus students at the university, the room and board charges total around $9,374 per year, while the amount charged for off-campus candidates stands at $5,940. Meanwhile, the other expenses that a student needs to plan for add up to $1,500.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$9,280

Off Campus

$5,940

Housing & Other Expenses

Other Expenses

On Campus

$1,500

Off Campus

$1,500

Housing & Other Expenses

Book & Supplies

On Campus

N/A

Off Campus

N/A

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $215,449. To note, the total expenses for undergraduate students stood at $17,594 for 2018-2019, $16,865 for 2017-2018, and $17,177 for 2016-2017.

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