C
Private 4 Year

Columbia College Tuition & Cost

Chicago, Illinois

 1 Reviews

How much does it cost to attend?

Sticker Price
$48,698
Costs for Columbia College Chicago
Fee Cost
Tuition$26,610
Books and Supplies$1,600
Other Fees$1,176
Room and Board $16,456
Other Expenses Budget$2,856

Annual Prices

The annual tuition to attend Columbia College Chicago is $26,610. The cost is the same for both in-state and out-of-state students. Room and board fees are an additional $16,456. For educational materials, students should allocate approximately $1,600 for books and supplies plus $1,176 for other fees charged by the school. Finally, students should budget $2,856 for miscellaneous expenses throughout the year. With all these fees considered, the expected total cost to attend Columbia College Chicago on a full-time basis is $48,698 per annum.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The net price provides a more realistic estimate of the true cost of attending Columbia College Chicago, once common grants and scholarships have been taken into account. It's important to note that this net price can fluctuate based on factors such as family income and individual financial need.

Average Net Price 2019/2020
$28,568
Net Price by Income Columbia College Chicago
Family Income Net Price Paid
$0 to $30,000$21,344
$30,001 to $48,000$22,304
$48,001 to $75,000$26,626
$75,001 to $110,000$30,369
$110,000+$32,511

The average reported annual net price for Columbia College Chicago for students receiving grants or scholarship aid was $28,568 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

98% of full-time undergrad Columbia College Chicago received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $17,400 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 61% of students received Federal Student Loans averaging $5,452 and 7% of undergrads took out private student loans averaging $17,168.

Finanical Aid Columbia College Chicago
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $17,400 98%
Institutional Grants and Scholarships $13,218 97%
Pell Grants $4,868 43%
Other Federal Grants $682 83%
State and Local Grants $4,793 30%
Federal Student Loans $5,452 61%
Other Student Loans $17,168 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Columbia College Chicago, we've modeled a ten year student loan with an original principal value of $111,736. The loan balance of $111,736 is a four year multiple of the $27,934 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,185 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.99%.

Example Loan $111,736
Stafford Loan Interest Rate 4.99%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,184.59
Total Interest Paid $30,414.51
Sum of All Loan Payments $142,150.51

Projected 4 Year Degree Price

4 Year Sticker Price
$194,792
Year All Residents
1 $48,698
2 $49,498
3 $50,311
4 $51,138

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Columbia College Chicago to be $194,792 - assuming graduation in normal time. The estimation assumes a 1.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Columbia College Chicago
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $919 $2,757 $3,676

Estimated cost for a class at Columbia College Chicago based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Columbia College Chicago versus other colleges.

Tuition Payment Plans Available

Columbia College Chicago Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=144281 IPEDS survey data for Columbia College Chicago.