Cost of Attendance
International Business College-Indianapolis 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 IBCI is quite low. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at International Business College-Indianapolis comes to around $13,960, which includes tuition and other expenses as well. The housing facilities, books and supplies, and other expenses cost $9,220, $2,013, and $1,358, respectively.
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. 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. What's more, at International Business College-Indianapolis, the total tuition and fees for the enrolled students come out to be around $13,960 in a year. Apart from that, they should also pay an average amount of $2,013 toward books and supplies, $7,310 for room and boarding charges, and $1,358 toward other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $24,641 per year.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
As for the net cost for attending IBCI, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. Simply put, the family income of the candidate is a key factor in determining the net amount. At IBCI, the average net price is estimated to be $14,624. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $12,330. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $13,810. On the other hand, an estimated net cost of $19,024 is charged for the $48,001-$75,000 income bracket, $21,490 for the $75,001-$110,000 income category, and $21,687 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 International Business College-Indianapolis
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $41,288
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 International Business College-Indianapolis, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $13,960 in a year. They would also be required to pay around $7,310 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at IBCI adds up to $24,641.
The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend International Business College-Indianapolis varies between graduate and undergraduate degrees. At IBCI, the cost per credit hour for graduate courses is $107.
Moving on to the housing and related expenses at International Business College-Indianapolis, these charges depend upon whether the candidate decides to stay on-campus or off-campus. For on-campus housing, students have to pay $10,139 per year, whereas, the cost for off-campus lodging is $7,197 a year. For on-campus students at the university, the room and board charges total around $9,220 per year, while the amount charged for off-campus candidates stands at $5,400. In addition to that, the candidates will have to pay an amount of about $2,013 for books and supplies. The other expenses that students should plan for come to around $919 for on-campus candidates and $1,797 for the candidates who live off-campus.
Housing & Other Expenses
Room & Boards
Book & Supplies
A four-year undergraduate course as well as living expenses at IBCI are projected to cost around $123,228 as per official data. Notably, the total expenses for undergraduate students amounted to $14,624 in 2018-2019, $13,753 in 2017-2018, and $14,256 in 2016-2017.
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