OVERVIEWPROGRAMS AND TUITIONADMISSIONS FINANCIAL AID

Illinois Valley Community College (IVCC) Tuition and Fees

A public university by the name of Illinois Valley Community College is located in Oglesby, IL. The foundation of Illinois Valley Community College was laid down in the year 1924. Taking into account all the courses offered at Illinois Valley Community College, the total enrolment stands at 2,841. To teach various courses to the students, the school has employed a total of 91 (full time), 157 (part time) faculty. There are around 58% of the students who are females and 42% are males at Illino

$10,680

Tuition

N/A

Cost of Attendance

$5,929

Net Price

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Illinois Valley Community College (IVCC) Tuition and Fees

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.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$10,912	$11,782
Book & Supplies	$1,400	$1,400
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

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.

Average Net Price by Family Income

Net Price

$5,929

Family Income

Avg. Net Price

$0 to $30,000

$4,817

$30,001 to $48,000

$4,968

$48,001 to $75,000

$8,636

$75,001 to $110,000

$10,594

$110,000+

$11,082

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.

Student Loans

Example Loans

$12,244

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$127

Total interest paid

$3,004

Sum of Loan Payments

$15,248

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 $1,525 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 $15,248 which is $3,004 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	$10,912	$11,782
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

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.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$356

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.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$6,750
Other Expense	N/A	$4,440
Book & Supplies	$1,400	$1,400

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.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$6,750

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$4,440

Housing & Other Expenses

Book & Supplies

On Campus

$1,400

Off Campus

$1,400

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 $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.

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