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Financial Aid

Paying for college

Financing your education is seldom easy, but our Financial Aid Office has the tools, resources and know-how to help you find your best opportunities for financial assistance. We are dedicated to providing you with the highest quality service to make sure you achieve your academic and career goals.

Cost of Attendance

Determining cost and financial need

You and your family should plan on contributing to the cost of your education. Your contributions are determined through the financial needs analysis process. To determine your financial need, the Financial Aid Office must establish your cost of attending Inver Hills for an academic year.

If you attend Inver Hills less than full-time, you may be eligible for financial aid. Budget, family contributions and maximum awards may be adjusted proportionately.

A calculation of costs example for the academic year is displayed in the table below. All budget items shown are for nine months and full-time attendance (15 credits per term). Rates are estimated for 2015–2016.

Cost of Attendance (Estimated)

Budget Items Amount
Tuition/Fees
(Based on 15 credits per term at $175.73 per credit. Includes the technology fee, parking fee, activity fee, and the student association fee.)
$5,272
Books/Supplies $1,200
Room/Board* $6,984
Transportation*
(Allowance for gas, oil, parking, bus fare, and general upkeep of vehicle; does not include car payments, insurance, repairs, etc.)
$2,360
Personal/Misc.*
(Includes clothing, laundry, and dry-cleaning, personal care, recreation, etc.)
$3,972
Academic Year Total Cost: $19,788
*Room/Board, Transportation and Personal/Miscellaneous figures provided by The College Board’s Living Expense Budget

Financial Aid Estimator (Minnesota Office of Higher Education)

Grant and loan numbers may change once actual data is submitted to our Financial Aid Office.

Net Price Calculator

As a prospective first-time, full-time student seeking a degree or certificate, you can use the Net Price Calculator to determine your estimated net cost of attending Inver Hills.

Net Price Calculator

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