Cost of Attendance
Illinois Valley Community College is known for offering a wide range of programs in a variety of streams, providing quality education to students. Compared to the tuition fees charged at most colleges, the cost of education at IVCC is quite low. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $11,512, which includes the total tuition fees and other expenses. The books and supplies cost $1,400, while the other expenses add up to $4,440.
Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at Illinois Valley Community College, the total tuition and fees for the enrolled students come out to be around $11,512 in a year. Other than that, they will need to shell out an amount of $1,400 for books and supplies, $6,750 for room and boarding charges, and $4,440 toward other expenses on average in a year. So, the overall cost of attending IVCC comes out to be about $24,102 per year, according to the most recent information available. Moreover, the tuition fees that the candidates have to pay stand at $11,032 and $11,992 for in-state and out-state students, respectively.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net price of attending Illinois Valley Community 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 $6,209 at IVCC. The net price for students with an annual family income below $30,000 is reported to be around $4,715. For the individuals who come under the $30,001-$48,000 income category, the net cost is $5,682. On the other hand, an estimated net cost of $8,577 is charged for the $48,001-$75,000 income bracket, $10,441 for the $75,001-$110,000 income category, and $11,405 for an annual family income more than $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Illinois Valley Community College (IVCC)
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $12,244
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
At Illinois Valley Community College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $11,512 in a year. Moreover, the applicants must also pay an amount of $6,750 towards room and boarding charges. In view of this information, the estimated total cost for undergraduate students at IVCC adds up to $24,102.
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 Valley Community College varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $88. At present, Illinois Valley Community College also offers various online programs to students across as many as 24 different majors.
Students of IVCC who opt to live off-campus will be required to pay $11,190 per year toward housing. However, it is important to note that on-campus housing facilities have not been made available to students by the college. Moreover, off-campus candidates will have to pay an amount of $6,750 toward room and boarding charges. On the other hand, the charges toward books and supplies come to around $1,400. Meanwhile, the other expenses that one needs to plan for add up to $4,440 for off-campus students.
Housing & Other Expenses
Room & Boards
Book & Supplies
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 $120,923. In comparison, the total expenses for undergraduate students stood at $6,209 for 2018-2019, $5,929 for 2017-2018, and $7,054 for 2016-2017.