Quantcast

Annual Costs

Undergraduate Tuition

Eastern Idaho Technical College tuition is $2,464 per year for in-state residents. This is 30% cheaper than the national average public two year tuition of $3,532. The cost is 28% cheaper than the average Idaho tuition of $3,446 for 2 year colleges. Tuition ranks 1st in Idaho amongst 2 year colleges for affordability and is the 3rd most expensive 2 year college in the state. If attending from out-of-state, the tuition is $9,026 which represents a 266% premium.

The school charges an additional fees of $30 in addition to tuition bringing the total effective in-state tuition to $2,494.

Housing Costs

Eastern Idaho Technical College doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Idaho Falls area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $6,669.

Books and Supplies

The estimated annual cost for books and supplies is $3,379.

Other Living Expenses

Off-campus students should budget for $6,059 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Idaho residents to go to EITC is $18,601 for the 2017/2018 academic year. Out-of-state students who don't have Idaho residence can expect a one year cost of $25,163. Students residing at home with parents providing food and housing should budget a total cost of $11,148.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Eastern Idaho Technical College and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Eastern Idaho Technical College
Estimated Budgets
Idaho Resident Total Budget (Living Off Campus)$18,601
   In-State Tuition$2,464
   Other Fees$30
   Off-Campus Housing Budget$6,669
   Off-Campus Other Budget$6,059
   Books and Supplies$3,379
Idaho Resident Total Budget (Living with Parents)$11,148
   In-State Tuition$2,464
   Other Fees$30
   Family Provided Room and Board$0
   With-Family Other Living Budget$5,275
   Books and Supplies$3,379

Advertisement

What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $18,601 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported EITC net price for in-state students is $8,811* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

77% of Eastern Idaho Technical College students received grant aid in 2014/2015. The average total aid amount was $4,566. 75 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,532. To apply for a Pell Grant to attend Eastern Idaho Technical College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Eastern Idaho Technical College
Financial Aid Summary
Average Annual Net Price$8,811*
Percent of Students Receiving Grant Aid77%
Average Total Grant Aid$4,566
Percent of Students Receiving Pell Grants75%
Average Amount of Pell Grant Aid$4,532

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$8,527
$30,001 to $48,000$8,913
$48,001 to $75,000$9,995
$75,001 to $110,000$11,702
$110,000+n/a

Average Financial Aid Mix - $18,601 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $18,601. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

36%
54%
10%

Grants and Scholarships

 36% - $4,566

Money granted to you by the U.S. Department of Education, Eastern Idaho Technical College or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 54% - $6,724

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 10% -  $1,252

Covered by family savings, work or private student loans which you will have to repay.


*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Community Colleges in the Region

School Cost vs. Eastern Idaho Technical College
College of Southern Idaho67.2% more expensive
Montana Tech College of Technology2.4% less expensive
Central Wyoming College8.4% less expensive
Northwest College8.4% less expensive
Western Wyoming Community College8.4% less expensive

Cost of a Degree

Being a school offering two year programs, prospective students should consider the multi year outlay when budgeting the cost for two years at Eastern Idaho Technical College.

Estimated 2 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 2 year associate degree at EITC is $37,202 for students graduating in normal time. This methodology for estimating the 2 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $10,788 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $21,576**

**Based on a 2 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Eastern Idaho Technical College.

Idaho Resident Tuition Per Semester$1,232
Idaho Resident Total Cost Per Semester$9,300
Non-Idaho Resident Tuition Per Semester$4,513
Non-Idaho Resident Total Cost Per Semester$12,582

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Eastern Idaho Technical College are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Eastern Idaho Technical College
Price per credit hour for Idaho residents$108
Cost for one class for Idaho residents (3 credit hours)$324
Price per credit hour for out of state residents$216
Cost for one class for out of state residents (3 credit hours)$648
Cost for one class for out of state residents (4 credit hours)$864

Advertisements

Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 66% of Eastern Idaho Technical College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,724.

Example Loan Payments and Costs

How much are student loan payments for Eastern Idaho Technical College? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $21,576, 100% of the estimated average net price for a two year program and paid nothing while enrolled. The total of all payments including interest would sum $26,770.87. This could be your effective total out of pocket cost of an education at Eastern Idaho Technical College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 77% of students at this school who receive financial aid and you are paying an average annual net price of $10,788. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Eastern Idaho Technical College student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Eastern Idaho Technical College Student Loan Payments
Example Payments
Monthly Loan Payment$223.09
Amount Borrowed$21,576.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$5,194.87
Sum of All Payments over 10 years$26,770.87

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend EITC? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Eastern Idaho Technical College, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $26,770.87 would be needed to afford a $223.09 monthly payment in the example $21,576.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Eastern Idaho Technical College in the future? In the past four years, this school's published in-state tuition and fee total rose from $2,022 to $2,464. This amounts to an average annual price increase of 4.4%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 2 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 2 year cost of $37,202.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Eastern Idaho Technical College.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$24,334$48,667
Estimated Cost in 10 years for students enrolling in 2029$31,057$62,113
Estimated Cost in 15 years for students enrolling in 2034 $39,637$79,274
Estimated Cost in 18 years for students enrolling in 2037 $45,885$91,769

Tuition History

What was tuition at EITC five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases in the past as it provides indication as to how the school may raise tuition in the next few years. Historical tuition and fees for all available data years back to 1987 follows.

YearIn-StateOut-of-stateAnnual Increase
2012$1,932$7,078 5%
2011$1,840$1,840 -2.1%
2010$1,880$6,544 4.7%
2009$1,796$6,238 -18.9%
2008$2,215$7,620 2.6%
2007$2,159$7,416 18.2%
2006$1,826$5,912 -1.8%
2005$1,860$1,860 25.7%
2004$1,480$5,048 2.1%
2003$1,450$5,048 -0.7%
2002$1,460$4,920 8.8%
2001$1,342$4,664 3.5%
2000$1,296$4,469 5.9%
1999$1,224$4,312 6.6%
1998$1,148$4,034 4.6%
1997$1,098$3,850 3.8%
1996$1,058$3,678 12.6%
1995$940$3,322 5.6%
1994$890$2,478 -11.9%
1993$1,010$2,597 37.4%
1992$735$1,703 5%
1991$700$1,668 7.4%
1990$652$1,620

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Eastern Idaho Technical College to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Registered Nursing/Registered Nurse Associate's Degree 20 25% costlier
Medical/Clinical Assistant Associate's Degree 13 24% costlier
Accounting Associate's Degree 12 24% costlier
Computer Systems Networking and Telecommunications Associate's Degree 12 34% costlier
Surgical Technology/Technologist Associate's Degree 11 29% costlier
Legal Assistant/Paralegal Associate's Degree 9 24% costlier
Marketing/Marketing Management, General Associate's Degree 7 29% costlier
Web Page, Digital/Multimedia and Information Resources Design Associate's Degree 6 25% costlier
Administrative Assistant and Secretarial Science, General Associate's Degree 4 34% costlier
Welding Technology/Welder Associate's Degree 3 38% costlier
Diesel Mechanics Technology/Technician Associate's Degree 1 39% costlier
Automobile/Automotive Mechanics Technology/Technician Associate's Degree 1 38% costlier

Calculators

Use the calculators below to formulate a college savings plan for Eastern Idaho Technical College or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Eastern Idaho Technical College in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Eastern Idaho Technical College student loan.

Prepayment Option

About Eastern Idaho Technical College

Eastern Idaho Technical College is a two year community college located in Idaho Falls, Idaho.  Full time enrollment is 321 and part time is 355.  Eastern Idaho Technical College has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes.

Only undergraduate degrees are offered at this school.

Address
Eastern Idaho Technical College
1600 S 25th E
Idaho Falls, Idaho
83404-5788

For Profit / Not For Profit Status

Eastern Idaho Technical College is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

Eastern Idaho Technical College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=142179 IPEDS survey data.