In 2022, tuition for full-time students at Illinois College was $36,870 a year.
In 2023, tuition increased 3%–from $35,796 the previous year. On average, college tuition rises about 3% year.
If these numbers feel scary, remember, the "sticker price" of tuition does not always give you enough information to determine the actual cost of attending any given college. Many students find the actual cost of college is a lot less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make thecost of college more manageable until you've finishing school and found a job.
Illinois College meets 89.6% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Illinois College is around $33,844 a year.
Students in the class of 2023 who had taken out student loans graduated with an average of $33,193 of debt.
Illinois College is a private, religious institution, which means it has the same tuition for students from Illinois as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.
Attending a college where you are eligible for in-state tuition can drastically reduce the cost of tuition, as well as loans and interest owed. Be sure to confirm your state's guidelines for how to qualify for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on the state you and your parents currently live in.
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Illinois College has the same tuition for international students as for those from out of state.
International students are not eligible for federal financial aid, but may be eligible for private or Illinois College-specific aid and scholarships.
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Illinois College.
Housing and campus dining at Illinois College costs $10,264 a year. This number covers the cost of living in dorms or other on-campus housing, plus a dining plan that enables you to eat all or some of your meals the Illinois College's on-campus cafeterias and dining facilities.
Board costs may vary depending on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.
The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
Keep in mind, there could also be other costs associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have ways for students with financial need to find ways to lower or eliminate these costs.
The cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these questions can drastically impact your transportation budget. At Illinois College, freshman are allowed to park on campus.
The location of a college or university can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area could be pricey, but cities may offer more trains, busses or low-cost flight options to actually get to school. Illinois Collegeis located in a town in Illinois, not far from St. Louis.
When budgeting for college, be sure to factor in the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s do a rundown of all of the costs associated with college, to get a better estimate of the actual cost of attending Illinois College.
What will the cost of attending Illinois College be? Here is a breakdown of tuition and expenses.
2023 Total Tuition and Expenses | |
---|---|
Tuition | $36,870 |
Room and Board | $10,264 |
Other expenses | $900 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Total Estimated Costs | |
---|---|
On-Campus | $48,634 |
Off-Campus | $38,370 |
The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.
The majority of Illinois College undergrads use financial aid to to cover the cost of tuition. In 2023, 809 of the 1,028 undergrads enrolled received financial aid. Illinois College meets 89.6% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $33,844 a year. Around 82.56% of Illinois College undergrads take out student loans to cover any remaining costs. Illinois College graduates who have student loans graduate with an average of $33,193 of student loan debt.
The average debt for each loan type varies.
Average Debt By Loan Type | |
---|---|
Federal Loans | $24,946 |
Private Loans | $31,575 |
Most Common Loans for Illinois College Students | |
---|---|
Federal Loans | 81.98% |
Private loans | 16.86% |
Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Illinois College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
In 2023, Illinois College awarded 809 need-based scholarships to students, giving away total of $21.5 million to help students with financial need cover the cost of school. An additional $5.57 million in merit-based scholarship money was awarded to students without demonstrated financial need.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Illinois College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
The average amount of financial aid received by a full-time first year student with demonstrated need at Illinois College was $33,844 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Illinois College seem more manageable.
Estimated Net Cost for Full-Time Students | |
---|---|
On-Campus | $14,790 |
Off-Campus | $4,526 |
What will attending Illinois College really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Illinois College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes offer tuition waivers to certain groups, to make attending more affordable. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.
Check the financial aid website for more information on payment plans and tuition waivers.
An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.
For more information about Illinois College's endowment, check with the school directly.
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Tuition & Fees
$47,734
In State$47,734
Out-of-StateStudents Who Receive Need-Based Aid
Average Financial Aid Package
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
Total Enrollment
Campus Setting
Acceptance Rate
Fall Freshmen
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