I
Public 2 Year

IVCC Tuition & Cost

Oglesby, Illinois

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How much does it cost to attend?

In District Illinois Resident Sticker Price
$16,590
In District Costs for Illinois Valley Community College
Fee Cost
Tuition$3,768
Books and Supplies$1,400
Other Fees$232
Estimated Off Campus Cost of Living $6,750
Other Expenses Budget$4,440
In State Illinois Resident Sticker Price
$23,622
In State Costs for Illinois Valley Community College
Fee Cost
Tuition$10,800
Books and Supplies$1,400
Other Fees$232
Estimated Off Campus Cost of Living $6,750
Other Expenses Budget$4,440

In district Illinois residents should budget an annual total cost of $16,590 to attend Illinois Valley Community College on a full time basis. This fee is comprised of $3,768 for tuition, $6,750 off-campus housing, $1,400 for books and supplies and $232 for other fees.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Illinois Valley Community College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$6,209
Net Price by Income Illinois Valley Community College
Family Income Net Price Paid
$0 to $30,000$4,715
$30,001 to $48,000$5,682
$48,001 to $75,000$8,577
$75,001 to $110,000$10,441
$110,000+$11,405

The average reported annual net price for Illinois Valley Community College for students receiving grants or scholarship aid was $6,209 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

53% of full-time undergrad Illinois Valley Community College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,130 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 7% of students received Federal Student Loans averaging $4,243.

Finanical Aid Illinois Valley Community College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,130 53%
Institutional Grants and Scholarships $1,885 7%
Pell Grants $4,665 48%
Other Federal Grants $807 2%
State and Local Grants $1,174 31%
Federal Student Loans $4,243 7%
Other Student Loans $0 0%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Illinois Valley Community College, we've modeled a ten year student loan with an original principal value of $12,244. The loan balance of $12,244 is a two year multiple of the $6,122 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 $117 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 2.75%.

Example Loan $12,244
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $116.82
Total Interest Paid $1,774.55
Sum of All Loan Payments $14,018.55

Projected 2 Year Degree Price

2 Year Sticker Price
$47,244
Year Illinois Residents Non Residents
1 $23,622 $24,582
2 $24,276 $25,263

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Illinois Valley Community College to be $47,244 - assuming graduation in normal time. The estimation assumes a 2.8% annual increase over the next 2 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Illinois Valley Community College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $126 $378 $504
Illinois Residents $360 $1,080 $1,440
Out of State Residents $392 $1,176 $1,568

Estimated cost for a class at Illinois Valley Community College 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 Illinois Valley Community College versus other colleges.

Tuition Payment Plans Available

Illinois Valley Community College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=145831 IPEDS survey data for Illinois Valley Community College.