Costs Per Credit Hour
General fees are based on the number of credit hours for which the student has registered. Out-of-state students pay an additional fee per credit hour. For more information, see our current schedule of fees.
Cost of Attendance
The cost of attendance consists of the following base components: tuition and fees, books and supplies, transportation, room and board, and personal expenses. Adjustments may be made to the cost of attendance for students enrolled in distance education courses. Cost of attendance estimates vary depending on a student's enrollment level and living situation. Four enrollment categories are:
Enrollment Status Credit Hours
| Full-time | 12 credit hours or more |
| Three-quarter time | 9 - 11 credit hours |
| Half-time | 6 - 8 credit hours |
| Less than half-time | 1 - 5 credit hours |
For students who live with parents and do not have dependents themselves, a lower cost of attendance is estimated for room, board, and personal expenses. When estimating your cost of attendance, keep in mind that living expenses are estimated and would be incurred regardless of whether or not you're enrolled in college.
Disbursement Procedures
Federal financial aid funds will arrive at the school approximately 30 days after the semester begins. If you have financial aid in excess of tuition, you may be eligible for bookstore credit for necessary books and supplies. Once the aid applies to your Bursar bill (including any bookstore charges), the excess aid will be sent to you in the form of a paper check. If you receive federal financial aid, and you withdraw or stop attending all of your classes during a term, you may owe money back to the federal government.
Federal Return of Funds
Federal financial aid recipients who withdraw or stop attending all classes before the 60 percent point in the term will owe money back to the federal government and/or Ivy Tech. More information on Federal Return of Funds.
Drug Conviction
An applicant loses eligibility for Title IV aid if the drug related offense for which the student was convicted occurred while the student was receiving Title IV aid. The student’s date of eligibility begins on the date of conviction.
If you have questions about any of the financial aid policies, please contact your financial aid office. You can also view current detailed information about your financial aid account at Campus Connect. All policies and procedures are subject to an ongoing review by the College. Changes are made when necessary to ensure that the needs of both the students and College are met. The College reserves the right to change policies and/or procedures at any time without notice.
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Central Indiana (Indianapolis) FAFSA School Code: 009917 |
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The financial Aid staff is available for walk-ins at the following campus locations:
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Office Hours: Monday - Thursday Friday Saturday |
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>Contact Us: Phone: 317-921-4777 Fax: 317-921-4326 Email: finaid@ivytech.net Chat online with an Ivy Tech Representative. |
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