Saturday, August 18, 2018

Saturday, August 18, 2018

Cost of college went up for all students at Inver Hills Community College

Tuition and fees rose 0.9 percent for 2017-18 at Inver Hills Community College, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 0.9 percent for 2017-18 at Inver Hills Community College, according to the latest disclosure from the U.S. Department of Education.

Minnesota students paid $5,332 to attend the two-year public institution this year $47 more than the $5,285 charged for 2016-17.

Data shows 74 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 218 students received grants or scholarships totaling $955,023 and 182 students took out student loans totaling more than $907,645.

Including all undergraduates, 2,531 students used grants or scholarships totaling $8.6 million. Another 1,711 took out $9.98 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
4,848
$5,272
$5,288
$5,285
$5,332
1.1%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Inver Hills Community College in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
184
42%
$775,681
$4,216
State / local grant or scholarship
166
38%
$151,129
$910
Institutional grants or scholarships
11
3%
$28,213
$2,565
Grant or scholarship aid total
218
50%
$955,023
$4,381
Federal student loans
182
42%
$900,145
$4,946
Other student loans
0%
Student loan aid
182
42%
$907,645
$4,987
Total student aid
326
74%

Editor's note: A previous version of this story incorrectly described the cost of attendance, which includes both tuition and fees.

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Inver Hills Community College

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