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Friday, April 26, 2024

Cost of college went up for all students at Wabash Valley College

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In-state tuition and fees rose 3.7 percent for 2017-18 at Wabash Valley College, according to the latest disclosure from the U.S. Department of Education.

Illinois residents paid $9,743 to attend the two-year public institution this year $344 more than the $9,399 charged for 2016-17.

Non-residents paid 20.4 percent more than residents this year, or $11,734. Their price tag grew 3 percent from $11,390 in 2016-17.

About 87 percent of the school's undergraduate population are Illinois residents. And about 13 percent are residents of other states.

Data shows 98 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 191 students received grants or scholarships totaling $876,716 and 29 students took out student loans totaling more than $138,838.

Including all undergraduates, 2,484 students used grants or scholarships totaling $4.34 million. Another 109 took out $487,515 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
In-state
~3,767
$9,079
$9,079
$9,399
$9,743
7.3%
Out-of-state
~563
$11,070
$11,070
$11,390
$11,734
6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Wabash Valley 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
98
44%
$496,142
$5,063
State / local grant or scholarship
23
10%
$32,378
$1,408
Institutional grants or scholarships
189
84%
$348,196
$1,842
Grant or scholarship aid total
191
85%
$876,716
$4,590
Federal student loans
28
13%
$129,858
$4,638
Other student loans
0%
Student loan aid
29
13%
$138,838
$4,788
Total student aid
220
98%

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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