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Annual Costs

Undergraduate Tuition

Ivy Tech Community College Bloominton tuition is $3,234 per year for in-state residents. This is 6% cheaper than the national average public two year tuition of $3,443. The cost is 59% cheaper than the average Indiana tuition of $7,968 for 2 year colleges. Tuition ranks 5th in Indiana amongst 2 year colleges for affordability and is the 19th most expensive 2 year college in the state. If attending from out-of-state, the tuition is $6,906 which represents a 114% premium.

The school charges an additional fees of $120 in addition to tuition bringing the total effective in-state tuition to $3,354.

Housing Costs

Ivy Tech Community College Bloominton doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Bloomington area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $0.

Books and Supplies

The estimated annual cost for books and supplies is $1,070.

Other Living Expenses

Off-campus students should budget for $0 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state Indiana residents to go to Ivy Tech Community College-Bloominton is $4,424 for the 2015/2016 academic year. Out-of-state students who don't have Indiana residence can expect a one year cost of $8,096. Students residing at home with parents providing food and housing should budget a total cost of $4,424.

Citation: Price data from the U.S. Department of Education's 2016-2017 and 2015-2016 IPEDS survey response for Ivy Tech Community College Bloominton and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Ivy Tech Community College Bloominton
Estimated Budgets
Indiana Resident Total Budget (Living Off Campus)$4,424
   In-State Tuition$3,234
   Other Fees$120
   Off-Campus Housing Budget$0
   Off-Campus Other Budget$0
   Books and Supplies$1,070
Indiana Resident Total Budget (Living with Parents)$4,424
   In-State Tuition$3,234
   Other Fees$120
   Family Provided Room and Board$0
   With-Family Other Living Budget$0
   Books and Supplies$1,070

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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 $4,424 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 Ivy Tech Community College-Bloominton net price for in-state students is $0* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

0% of Ivy Tech Community College Bloominton students received grant aid in 2014/2015. The average total aid amount was $0. 49 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 $4,512. To apply for a Pell Grant to attend Ivy Tech Community College Bloominton, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Ivy Tech Community College Bloominton
Financial Aid Summary
Average Annual Net Price$0*
Percent of Students Receiving Grant Aid0%
Average Total Grant Aid$0
Percent of Students Receiving Pell Grants49%
Average Amount of Pell Grant Aid$4,512

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 $30,000n/a
$30,001 to $48,000n/a
$48,001 to $75,000n/a
$75,001 to $110,000n/a
$110,000+n/a

Average Financial Aid Mix - $4,424 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $4,424. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

0%
143%
-43%

Grants and Scholarships

 0% - $0

Money granted to you by the U.S. Department of Education, Ivy Tech Community College Bloominton or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 143% - $6,332

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

Out of Pocket

 -43% -  ($1,908)

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. Ivy Tech Community College Bloominton
Ivy Tech Community College Columbus0% less expensive
Ivy Tech Community College Wabash Valley0% less expensive
Ivy Tech Community College Central Indiana25.4% more expensive
Illinois Eastern Community Colleges Lincoln Trail College165.6% more expensive
Ivy Tech Community College South Central0% 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 Ivy Tech Community College Bloominton.

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 Ivy Tech Community College-Bloominton is $8,848 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 $10,197 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $20,394**

**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 Ivy Tech Community College Bloominton.

Indiana Resident Tuition Per Semester$1,617
Indiana Resident Total Cost Per Semester$2,212
Non-Indiana Resident Tuition Per Semester$3,453
Non-Indiana Resident Total Cost Per Semester$4,048

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 Ivy Tech Community College Bloominton 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 Ivy Tech Community College Bloominton
Price per credit hour for Indiana residents$108
Cost for one class for Indiana residents (3 credit hours)$324
Price per credit hour for out of state residents$230
Cost for one class for out of state residents (3 credit hours)$690
Cost for one class for out of state residents (4 credit hours)$920

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. 42% of Ivy Tech Community College Bloominton students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,332.

Example Loan Payments and Costs

How much are student loan payments for Ivy Tech Community College Bloominton? 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 $20,394, 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 $25,304.28. This could be your effective total out of pocket cost of an education at Ivy Tech Community College Bloominton. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 0% of students at this school who receive financial aid and you are paying an average annual net price of $10,197. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Ivy Tech Community College Bloominton 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.

Ivy Tech Community College Bloominton Student Loan Payments
Example Payments
Monthly Loan Payment$210.87
Amount Borrowed$20,394.00
Interest Rate4.4%
Term10 years
Number of Monthly Payments120
Total Interest Cost$4,910.28
Sum of All Payments over 10 years$25,304.28

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Ivy Tech Community College-Bloominton? 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 Ivy Tech Community College Bloominton, 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 $25,304.28 would be needed to afford a $210.87 monthly payment in the example $20,394.00 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 Ivy Tech Community College Bloominton in the future? 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 $8,848.00. 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 Ivy Tech Community College Bloominton.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2022$5,787$11,575
Estimated Cost in 10 years for students enrolling in 2027$7,386$14,773
Estimated Cost in 15 years for students enrolling in 2032 $9,427$18,854
Estimated Cost in 18 years for students enrolling in 2035 $10,913$21,826

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Ivy Tech Community College Bloominton 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 76 58% cheaper
General Studies Associate's Degree 70 60% cheaper
Business Administration and Management, General Associate's Degree 64 61% cheaper
Executive Assistant/Executive Secretary Associate's Degree 44 53% cheaper
Criminal Justice/Safety Studies Associate's Degree 28 57% cheaper
Accounting Technology/Technician and Bookkeeping Associate's Degree 22 58% cheaper
Computer and Information Sciences, General Associate's Degree 18 57% cheaper
Information Technology Associate's Degree 18 57% cheaper
Liberal Arts and Sciences/Liberal Studies Associate's Degree 17 62% cheaper
Legal Assistant/Paralegal Associate's Degree 15 60% cheaper
Drafting and Design Technology/Technician, General Associate's Degree 13 51% cheaper
Early Childhood Education and Teaching Associate's Degree 11 56% cheaper
Respiratory Care Therapy/Therapist Associate's Degree 11 57% cheaper
Industrial Technology/Technician Associate's Degree 11 52% cheaper
Health Information/Medical Records Technology/Technician Associate's Degree 8 58% cheaper
Medical Radiologic Technology/Science - Radiation Therapist Associate's Degree 8 60% cheaper
Electrical, Electronic and Communications Engineering Technology/Technician Associate's Degree 8 60% cheaper
Biotechnology Associate's Degree 7 50% cheaper
Education, General Associate's Degree 6 55% cheaper
Hospitality Administration/Management, Other Associate's Degree 6 55% cheaper
Kinesiology and Exercise Science Associate's Degree 6 51% cheaper
Emergency Medical Technology/Technician (EMT Paramedic) Associate's Degree 5 53% cheaper
Occupational Safety and Health Technology/Technician Associate's Degree 3 48% cheaper
Manufacturing Engineering Technology/Technician Associate's Degree 1 53% cheaper
Library and Archives Assisting Associate's Degree 1 51% cheaper

Calculators

Use the calculators below to formulate a college savings plan for Ivy Tech Community College Bloominton 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 Ivy Tech Community College Bloominton 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 Ivy Tech Community College Bloominton student loan.

Prepayment Option

About Ivy Tech Community College Bloominton

Ivy Tech Community College Bloominton is a two year community college located in Bloomington, Indiana.  Full time enrollment is 2,839 and part time is 3,379.  Ivy Tech Community College Bloominton 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
Ivy Tech Community College Bloominton
200 Daniels Way
Bloomington, Indiana
47404-9272

For Profit / Not For Profit Status

Ivy Tech Community College Bloominton 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.

Ivy Tech Community College Bloominton cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=440244 IPEDS survey data.

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