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Friday, April 26, 2024

Cost of college was unchanged for all students at Innovations Design Academy

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Tuition and fees was unchanged for 2017-18 at Innovations Design Academy, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $15,325 to attend the private for-profit school in both the 2016-17 and 2017-18 academic years.

Data shows 91 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 42 students received grants or scholarships totaling $200,288 and 37 students took out student loans totaling more than $229,281.

Including all undergraduates, 45 students used grants or scholarships totaling $215,887. Another 40 took out $244,781 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
35
$15,325
$15,325
$15,325
$15,325
0%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Innovations Design Academy 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
40
75%
$181,893
$4,547
State / local grant or scholarship
7
13%
$18,395
$2,628
Institutional grants or scholarships
0
0%
$0
Grant or scholarship aid total
42
79%
$200,288
$4,769
Federal student loans
37
70%
$220,281
$5,954
Other student loans
4%
Student loan aid
37
70%
$229,281
$6,197
Total student aid
48
91%

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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