Tuition and Cost to Attend Columbia College Chicago

Annual Total Cost

The annual total list price cost to go to Columbia College Chicago was $36,857 for the 2013/2014 academic year. The cost is the same for all students regardless of Illinois residence status as there is no in-state discount. The breakdown of this total cost is detailed as follows.

Undergraduate Tuition

Tuition for Columbia College Chicago is $22,132 for the 2013/2014 academic year. This is 10% cheaper than the national average private non-profit four year college tuition of $24,476. The cost is $893 and 4% more expensive than the average Illinois tuition of $21,239 for 4 year colleges. Tuition ranks 46th in Illinois amongst 4 year colleges for affordability and is the 41st most expensive 4 year college in the state. Price does not vary by residence.

The school charges an additional "other" fee of $660 in addition to tuition bringing the total effective in-state tuition to $22,792.

Housing Costs

On campus room and board is provided by the school at a cost of $12,375 per year. If you elect to live off campus elsewhere in Chicago, you should budget at least this amount.

Books and Supplies

The estimated annual cost for books and supplies is $1,690.

Cost Itemization

Costs and Tuition Detail for Columbia College Chicago
Expenditure Price
Illinois Resident Total Cost$36,857
Non-Resident Total Cost$36,857
   In-State Tuition$22,132
   Out-of-State Tuition$22,132
   Other Fees$660
   Room and Board$12,375
   Books and Supplies$1,690

All price data are reprinted from the U.S. Department of Education's 2013-2014 and 2012-2013 IPEDS Survey and represent reported costs for the 2013-2014 and 2012-2013 academic years.

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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 $36,857 published price if scholarship or grant aid is made available to you.

Net Price

The net out of pocket price you end up paying or financing though student loans is known as the net price. The reported Columbia College Chicago net price for in-state students receiving aid was $27,934* for the 2010/2011 academic year.

Pell Grants and other Grant Aid

51% of Columbia College Chicago students received grant aid in 2010/2011 to help defray the cost of tuition. The average total aid amount was $8,013. 36 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2010/2011 was $4,014. To apply for a Pell Grant to attend Columbia College Chicago, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Columbia College Chicago
Financial Aid Summary
Average Annual Net Price$27,934*
Percent of Students Receiving Grant Aid51%
Average Total Grant Aid$8,013
Percent of Students Receiving Pell Grants36%
Average Amount of Pell Grant Aid$4,014

Average Financial Aid Mix - $36,857 In-State Total Cost

Estimated coverage of the annual in-state tuition and living expenses of $36,857. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

8013
7315
21529

 22% - $8,013

Grants and Scholarships

Money granted to you by the U.S. Department of Education or Columbia College Chicago. These are not loans and do not need to be repaid.

 20% - $7,315

Federal Loans

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

 58% -  $21,529

Out of Pocket

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

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 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.


Cost of a Degree

When considering the cost to go to Columbia College Chicago, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Columbia College Chicago.

Estimated 4 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Columbia College Chicago is $147,428 for students graduating in normal time. This methodology for estimating the 4 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 $27,934 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $111,736**

If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $184,285 or $139,670 using an average net price.

**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 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 Columbia College Chicago.

Illinois Resident Tuition Per Semester$11,066
Illinois Resident Total Cost Per Semester$18,428

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 Columbia College Chicago 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 Columbia College Chicago
Price per credit hour$694
Cost for one class (3 credit hours)$2,082
Cost for one class (4 credit hours)$2,776

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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. 70% of Columbia College Chicago students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $7,315.

Example Loan Payments and Costs

How much are student loan payments for Columbia College Chicago? 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 $111,736, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $139,998.16. This could be your effective total out of pocket cost of an education at Columbia College Chicago. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 51% of students at this school who receive financial aid and you are paying an average annual net price of $27,934. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Columbia College Chicago 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.

Columbia College Chicago Student Loan Payments
Example Payments
Monthly Loan Payment$1,166.65
Amount Borrowed$111,736.00
Interest Rate4.7%
Term10 years
Number of Monthly Payments120
Total Interest Cost$28,262.16
Sum of All Payments over 10 years$139,998.16

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Columbia College Chicago? 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 Columbia College Chicago, 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 $139,998.16 would be needed to afford a $1,166.65 monthly payment in the example $111,736.00 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.

For Profit / Not For Profit Status

Columbia College Chicago is a private not for profit institution.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Columbia College Chicago in the future? In the past five years, this school's published in-state tuition and fee total rose from $16,768 to $20,644. This amounts to an average annual price increase of 4.6%. 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 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $147,428.00. 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 Columbia College Chicago.

Annual4 Year Degree
Estimated Cost in 5 years for students enrolling in 2019$50,687$202,748
Estimated Cost in 10 years for students enrolling in 2024$64,691$258,763
Estimated Cost in 15 years for students enrolling in 2029 $82,564$330,255
Estimated Cost in 18 years for students enrolling in 2032 $95,578$382,311

Tuition History

What was tuition at Columbia College Chicago 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 the past as it provides indication as to how the school may raise tuition in the next few years if you enrolled. Historical tuition and fees for all available data years back to 1988 follows.

YearTuitionAnnual Increase
2010$18,9603%
2009$18,4154.7%
2008$17,5844.9%
2007$16,7684.7%
2006$16,0184.8%
2005$15,2800.1%
2004$15,2708.3%
2003$14,1049.8%
2002$12,8449.4%
2001$11,7408.4%
2000$10,83013.5%
1999$9,54412.3%
1998$8,4985.8%
1997$8,0304.7%
1996$7,6704.9%
1995$7,3105.5%
1994$6,9284%
1993$6,6645.8%
1992$6,2966.9%
1991$5,8886.7%
1990$5,5209.2%
1989$5,0568.1%
1988$4,6757.1%
1987$4,364

Cost for Popular Majors

Below are the most popular undergraduate areas of study at Columbia College Chicago ranked by degrees conferred during the 2010/2011 academic year along with their estimated total program cost. Please consult the school's website for further information as actual costs for specific program may vary. Price estimates assume graduation in normal time. Our methodology for estimating these costs is a two or four year multiple of the current one year tuition and living cost of $36,857. Associates degrees are assumed to be completed in two years and bachelors degrees are assumed to take four years.

Area of Study Graduates Estimated Degree + Living Expense Cost
Cinematography and Film/Video Production Bachelor's Degree 406 $147,428
4 year estimate
Fine and Studio Arts Management Bachelor's Degree 306 $147,428
4 year estimate
Marketing/Marketing Management, General Bachelor's Degree 199 $147,428
4 year estimate
Photography Bachelor's Degree 124 $147,428
4 year estimate
Radio and Television Bachelor's Degree 123 $147,428
4 year estimate
Journalism Bachelor's Degree 118 $147,428
4 year estimate
Recording Arts Technology/Technician Bachelor's Degree 111 $147,428
4 year estimate
Drama and Dramatics/Theatre Arts, General Bachelor's Degree 106 $147,428
4 year estimate
Creative Writing Bachelor's Degree 96 $147,428
4 year estimate
Graphic Design Bachelor's Degree 90 $147,428
4 year estimate
Fashion/Apparel Design Bachelor's Degree 51 $147,428
4 year estimate
Multi-/Interdisciplinary Studies, Other Bachelor's Degree 41 $147,428
4 year estimate
Music, General Bachelor's Degree 40 $147,428
4 year estimate
Commercial and Advertising Art Bachelor's Degree 35 $147,428
4 year estimate
Fine Arts and Art Studies, Other Bachelor's Degree 32 $147,428
4 year estimate
Fine/Studio Arts, General Bachelor's Degree 30 $147,428
4 year estimate
Dance, General Bachelor's Degree 28 $147,428
4 year estimate
Illustration Bachelor's Degree 22 $147,428
4 year estimate
Interior Design Bachelor's Degree 21 $147,428
4 year estimate
Animation, Interactive Technology, Video Graphics and Special Effects Bachelor's Degree 19 $147,428
4 year estimate
Art History, Criticism and Conservation Bachelor's Degree 18 $147,428
4 year estimate
Ethnic, Cultural Minority, Gender, and Group Studies, Other Bachelor's Degree 16 $147,428
4 year estimate
Early Childhood Education and Teaching Bachelor's Degree 15 $147,428
4 year estimate
Liberal Arts and Sciences/Liberal Studies Bachelor's Degree 13 $147,428
4 year estimate
Industrial and Product Design Bachelor's Degree 10 $147,428
4 year estimate
Intermedia/Multimedia Bachelor's Degree 9 $147,428
4 year estimate
Sign Language Interpretation and Translation Bachelor's Degree 8 $147,428
4 year estimate
Playwriting and Screenwriting Bachelor's Degree 5 $147,428
4 year estimate
Retail Management Bachelor's Degree 2 $147,428
4 year estimate
Web Page, Digital/Multimedia and Information Resources Design Bachelor's Degree 2 $147,428
4 year estimate

About Columbia College Chicago

Columbia College Chicago is a four year private college located in Chicago, Illinois.  Full time enrollment is 10,287 and part time is 1,338.  Columbia College Chicago has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes.

Students attending this school may pursue both undergraduate and graduate degrees.

Learn more about getting in to Columbia College Chicago at CollegeSimply.

Address
Columbia College Chicago
600 South Michigan
Chicago, Illinois
60605-1996

Calculators

Use the calculators below to formulate a college savings plan for Columbia College Chicago or model a student loan.

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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 Columbia College Chicago student loan.

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