Cost of college went up for all students at First Institute Inc

Tuition and fees rose 2.2 percent for 2017-18 at First Institute Inc, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 2.2 percent for 2017-18 at First Institute Inc, according to the latest disclosure from the U.S. Department of Education.

Illinois students paid $15,375 to attend the private for-profit school this year $325 more than the $15,050 charged for 2016-17.

Data shows 66 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 134 students received grants or scholarships totaling $436,886 and 152 students took out student loans totaling more than $729,352.

Including all undergraduates, 212 students used grants or scholarships totaling $645,851. Another 234 took out $1.07 million 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
~219
$14,830
$14,830
$15,050
$15,375
3.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the First Institute Inc 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
122
51%
$395,886
$3,245
State / local grant or scholarship
3
1%
$28,000
$9,333
Institutional grants or scholarships
26
11%
$13,000
$500
Grant or scholarship aid total
134
56%
$436,886
$3,260
Federal student loans
152
63%
$729,352
$4,798
Other student loans
0
0%
$0
Student loan aid
152
63%
$729,352
$4,798
Total student aid
158
66%

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