Colorado students paid $12,960 to attend the two-year private for-profit institution this year – $360 more than the $12,600 charged for 2017-18.
Data shows 90 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 274 students received grants or scholarships totaling $931,244 and 289 students took out student loans totaling more than $2.1 million.
Including all undergraduates (405), 291 students used grants or scholarships totaling $1.3 million, and 308 students took out $2.2 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~397 | $12,240 | $12,600 | $12,600 | $12,960 | 5.9% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at IBMC 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 | 273 | 85% | $827,444 | $3,031 |
| State / local grant or scholarship | 21 | 7% | $19,425 | $925 |
| Institutional grants or scholarships | 135 | 42% | $84,375 | $625 |
| Grant or scholarship aid total | 274 | 85% | $931,244 | $3,399 |
| Federal student loans | 289 | 90% | $2,065,650 | $7,148 |
| Other student loans | 0 | 0% | $0 | - |
| Student loan aid | 289 | 90% | $2,065,650 | $7,148 |
| Total student aid | 289 | 90% | - | - |
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