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Saturday, November 23, 2024

Cost of college went up for all students at Ivy Tech Community College

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In-state tuition and fees rose 2.7 percent for 2018-19 at Ivy Tech Community College, according to recent data from the U.S. Department of Education.

Indiana residents paid $4,368 to attend the two-year public institution this year – $113 more than the $4,255 charged for 2017-18.

Non-residents paid 92.4 percent more than residents this year, or $8,402. Their price tag grew 2.3 percent from $8,211 in 2017-18.

About 96 percent of the school's undergraduate population are Indiana residents. And about 3 percent are residents of other states.

Data shows 74 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 3,060 students received grants or scholarships totaling $19.5 million and 965 students took out student loans totaling more than $3.8 million.

Including all undergraduates (72,006), 32,704 students used grants or scholarships totaling $145.2 million, and 14,645 students took out $59.8 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~69,126$4,115$4,175$4,255$4,3686.1%
Out-of-state~2,160$7,992$8,052$8,211$8,4025.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Ivy Tech Community College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants2,71957%$13,158,184$4,839
State / local grant or scholarship2,04943%$5,988,180$2,922
Institutional grants or scholarships53811%$397,116$738
Grant or scholarship aid total3,06064%$19,543,480$6,387
Federal student loans96520%$3,774,598$3,912
Other student loans70%$35,564$5,081
Student loan aid96520%$3,810,162$3,948
Total student aid3,57474%--

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