Understanding the Cost of Attendance at Illinois College

Choosing a college is a significant decision, and understanding the cost of attendance is a crucial part of the process. This article provides a detailed breakdown of the expenses associated with attending Illinois College, including tuition, fees, financial aid options, and potential student loan debt.

Tuition and Fees: The Sticker Price

Illinois College's tuition is $39,854, making it cheaper than the national average cost of tuition of $50,159. These figures include both tuition and fees, also referred to as the sticker price. Fees differ by institution and may fund library services, student gym facilities, student centers, technology resources and campus health centers.

Total Cost: Beyond Tuition

As you’re comparing costs of different institutions, also consider the total cost and the net price. The total cost is the sticker price, plus the cost of food and housing, books and supplies, and transportation and personal expenses. At Illinois College, the total cost is $51,004.

Understanding Net Price

Your net price is a college’s cost of attendance minus the grants and scholarships you receive. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. The Average Net Price at Illinois College is $9,027 per year. Use the college’s Net Price calculator for the most accurate estimate of your net price.

Financial Aid: Making College Affordable

Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA. At Illinois College, financial aid plays a significant role in making education accessible. 74.33% of students receive financial aid.

Read also: UCLA vs. Illinois: Basketball History

Types of Aid Available

  • Need-Based Scholarships and Grants: These are awarded based on a student's financial status. The average need-based scholarship or grant awarded to first-year students at Illinois College was $40,641. 79% of first-year students received need-based financial aid.
  • Need-Based Self-Help Aid: This includes federal loans and work-study programs. The average need-based self-help aid awarded to first-year students was $3,594.
  • Merit-Based Aid: Also called non-need-based aid, this is awarded for a specific talent or academic achievement. The average non-need-based scholarship or grant awarded to first-year students at Illinois College - excluding any athletic scholarships, if applicable - was $26,447.

Illinois College met 91% of its students’ financial aid need.

Financial Aid Dates

  • Application Due: Not available
  • Priority Application Due: Not available
  • Notification Date: Not available
  • Response Due: Not available

Financial Aid Office

Next Steps: Financial Aid Office Phone Number (Note: College profiles are based primarily on information supplied by the colleges themselves through participation in College Board's BigFuture College Profiles higher education data collection portal, with some data provided via federal and state agencies.)

Student Loan Debt: Planning for the Future

How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate. At Illinois College, the median federal loan debt among borrowers who completed their undergraduate degree is $25,565. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $271.

Additionally, 14% of graduating students at Illinois College took out private loans. Students with private loans had an average of $35,725 in private loan debt at graduation.

The Average Total Indebtedness of 2024 Graduating Class is $33,906. 77% of Graduating students who have borrowed any loan type in 2024.

Read also: Guide to Illinois Educator Pay

Scholarships: Funding You Don't Have to Repay

Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation.

Some students receive enough in scholarship money to cover their tuition and living expenses. See the types of scholarships and grants available at Illinois College below.

Jobs: Work-Study and Campus Employment

Working while in school can help lessen the burden of your student loans. Schools offer work-study programs to those who qualify and campus jobs to students looking to earn money in their free time. Some institutions match students with work-study positions, while others require them apply to the positions, like they would for any other job.

Begin your job search by checking whether your college has in-person or online job boards.

Online Program Tuition Rates

At Illinois College, we provide you with an exceptional online education at an affordable cost. Learn how affordable your education can be, especially if you’ve previously earned academic credit.

Read also: Illinois Transfer Application

  • Alcohol and Other Drug Counseling Certification: Total Credits 24, $9,000
  • BS in Accounting: Total Credits 42, Transfer Credits 88, Total with Transfer Credits $15,750
  • BS in Agribusiness Management: Total Credits 42, Transfer Credits 88, Total with Transfer Credits $15,750
  • BS in Administration: Total Credits 46, Transfer Credits 88, Total with Transfer Credits $17,250
  • BS in Behavioral Health: Total Credits 48, Transfer Credits 88, Total with Transfer Credits $18,000
  • BS in Healthcare Management: Total Credits 46, Transfer Credits 88, Total with Transfer Credits $17,250
  • BS in Human Resources Management: Total Credits 46, Transfer Credits 88, Total with Transfer Credits $17,250
  • BS in Management: Total Credits 46, Transfer Credits 88, Total with Transfer Credits $17,250
  • BS in Marketing: Total Credits 46, Transfer Credits 88, Total with Transfer Credits $17,250
  • BA in Organizational and Strategic Communication: Total Credits 44, Transfer Credits 88, Total with Transfer Credits $16,500
  • English as a Second Language (ESL) Endorsement: Total Credits 18, Transfer Credits 88, Total with Transfer Credits $6,750
  • Online Master of Science in Nursing (MSN): Total Credits 36, Transfer Credits 4, Total with Transfer Credits $27,000
  • Post-Baccalaureate Education Licensure Programs: 26-36 Starting at $9,750
  • Reading Teacher Endorsement: Total Credits 18, $6,750

Tuition rate: $375 per undergraduate credit hour, $750 per MSN credit hour. Fees: $75 per subterm. Time to completion varies by student, depending on individual progress and credits transferred, if applicable. Tuition and fees are subject to change.

International Students: Opportunities and Considerations

Illinois College offers merit-based scholarships to admitted international students with strong academic achievement and test scores. International Student Scholarships range from $20,000 - $25,000 per year and are renewable until you graduate. Illinois College will also offer two renewable #YouAreWelcomeHere Scholarships to international students.

At other institutions, textbooks are over and above tuition and vary widely from semester to semester but not at Illinois College.

Because you may not be able to travel home during school breaks, Illinois College accepts requests for students with a home address outside 500 miles to stay on campus. Unlike many other colleges in the United States, our out-of-state and international students may stay on campus for $15 day. Enrolling international students will need to certify that they have financial support to study in the United States by completing and submitting the Certificate of Finances Form. This must be done before we can issue Form I-20.

International students should visit the UICOIS - UIC Office of International Services webpage for additional information and resources.

College of Medicine: Cost of Attendance

The College of Medicine Office of Student Financial Aid (COM OSFA) lists anticipated expenses on your Financial Aid Federal Loan Offer Letter when you complete a FAFSA application. These expenses, referred to as your Cost of Attendance (COA) or budget, reflect costs you may encounter during the 12-month academic year.

Step 1 exam cost (second-year aid notification). Step 2 exam cost (third-year aid notification). The total COA is not the amount you owe the university for the year. Some items in your COA are estimated indirect variable costs not owed to the university. Please note that an average federal loan fee will be added to your COA for those that borrow a Federal Direct Loan and a Federal Grad Plus Loan.

Initial Financial Aid Notifications for prospective/new students will be sent in March prior to the start of your M1 year via the student portal. This will include aid for the Fall and Spring Semesters.

** Summer 2026 fees have not yet been finalized.

tags: #illinois #college #cost #of #attendance

Popular posts: