$4,769

Tuition

N/A

Cost of Attendance

$10,554

Net Price

Inver Hills Community College Tuition and Fees

Inver Hills 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 IHCC is quite low. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Inver Hills Community College comes to around $5,485, which includes tuition and other expenses as well. While books and supplies cost $1,200, the charges for other expenses stand at $6,332.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$5,332$5,332
Book & Supplies$1,200$1,200
Room & Board costNANA
Other ExpensesNANA
Total Cost of AttendanceNANA

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the 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. For students attending the university, the total tuition and fees for one year add up to about $5,485. Apart from that, they should also pay an average amount of $1,200 toward books and supplies, $6,984 for room and boarding charges, and $6,332 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at IHCC is around $20,001, as per the available information.

Average Net Price by Family Income

Net Price

$10,554

Family Income

Avg. Net Price

$0 to $30,000

$9,040

$30,001 to $48,000

$9,989

$48,001 to $75,000

$11,975

$75,001 to $110,000

$14,025

$110,000+

$14,825

The net cost of attending Inver Hills Community College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Usually, the individuals who have a higher family income will be required to pay a higher net amount, too. So, it all essentially depends on the family income bracket of the student. At IHCC, the average net price is estimated to be around $10,977. The net price for students with an annual family income below $30,000 is reported to be around $9,395. For the individuals who come under the $30,001-$48,000 income category, the net cost is $10,156. Meanwhile, the net price stands at $11,582 for the $48,001-$75,000 income bracket and at $13,754 for an income between $75,001 and $110,000. This amount adds up to $14,982 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$31,916

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$331

Total interest paid

$7,830

Sum of Loan Payments

$39,746

To have a realistic understanding of how much it will cost to study at Inver Hills Community College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $31,916 for example. This will result in a $3,975 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 $39,746 which is $7,830 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$5,332$5,332
Room & Board CostN/AN/A
Total Tuition & FeesN/AN/A

At Inver Hills Community College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $5,485 per year. Moreover, the applicants must also pay an amount of $6,984 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $20,001.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$157

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 Inver Hills Community College varies between graduate and undergraduate degrees. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $42. At present, Inver Hills Community College also offers various online programs to students across as many as 28 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & BoardN/A$6,984
Other ExpenseN/A$6,332
Book & Supplies$1,200$1,200

Students of IHCC who opt to live off-campus will be required to pay $13,316 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. For off-campus students at the university, the room and board charges total about $6,984 per year. In addition to that, the candidates will have to pay an amount of about $1,200 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $6,332 for off-campus students.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$6,984

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$6,332

Housing & Other Expenses

Book & Supplies

On Campus

$1,200

Off Campus

$1,200

Students of IHCC who opt to live off-campus will be required to pay $13,316 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. For off-campus students at the university, the room and board charges total about $6,984 per year. In addition to that, the candidates will have to pay an amount of about $1,200 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $6,332 for off-campus students.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Associate $11,265 $188
Certificate $2,816 $188
Certificate $2,816 $188

Inver Hills Community College offers 21 online programs across 4 Majors.

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 $100,258. In contrast, the total expenses for undergraduate students amounted to $10,977 in 2018-2019, $10,554 in 2017-2018, and $10,934 in 2016-2017.

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