1. Hanover Central High School January 19, 2017 Financial Aid & Private Schools

2. Private schools discount tuition significantly.
In average published tuition and fees at private not for profit 4 year colleges nationally was $33,480.
Average net tuition and fees paid was $14,190.
Net = tuition and fees minus grant aid.
College Board – Trends in Higher Education

3. In Indiana there are 31 private, nonprofit colleges and universities.
In 2014/15 93% of ICI first time FT freshmen received gift aid. Averages:
Institutional Gift Aid $17,978 (83%)
State Grant ,572 (30%)
Federal Grant ,005 (20%)
Source IPEDS NCES

4. All schools that participate in Title IV programs are required to post a net price calculator. The calculator yields an estimated net price of attendance (cost of attendance minus grant and scholarship aid) based on what similar students paid in a previous year.

5. http://nces.ed.gov/collegenavigator also has info on average gift aid.
INCOME
2014/15
Total Costs
% Receiving
2014/15 Avg gift
Dartmouth
$65,133 46
$41,963
Notre Dame
$62,461 55
$34,552
Rose-Hulman
$58,740 99
$17,634
Valparaiso University
$47,760 91
$22,809

6. ICI research ---
In Indiana 15% of undergrads are ICI but
we award 29% of degrees.

7. ENROLLMENT DASHBOARDS
5/28/2018
The real cost of staying in school an extra year is the foregone wages.
Avg starting salaries
Business $54,366
Engineering $61,114
Liberal Arts $38,049
Nursing $55,300
NACE – National Association of Colleges and Employers 9/12

8. ENROLLMENT DASHBOARDS
5/28/2018
In your college search:
Never rule out a school because of
“sticker price”
1. Apply to schools that have your
academic program and values, and
then
2. Apply for scholarships and file the FAFSA to determine your “net price”.