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Friday, May 3, 2024

Cost of college was unchanged for all students at the HVAC Technical Institute

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Tuition and fees were unchanged for 2018-19 at the HVAC Technical Institute, according to recent data from the U.S. Department of Education.

Illinois students paid $15,000 to attend the private for-profit school in both the 2017-18 and 2018-19 academic years.

Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 24 students received grants or scholarships totaling $59,954 and 58 students took out student loans totaling more than $566,612.

Including all undergraduates (118), 75 students used grants or scholarships totaling $178,989, and 74 students took out $295,213 in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~113$15,000$15,000$15,000$15,0000%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the HVAC Technical Institute in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants2440%$59,954$2,498
State / local grant or scholarship00%$0-
Institutional grants or scholarships00%$0-
Grant or scholarship aid total2440%$59,954$2,498
Federal student loans2440%$103,506$4,313
Other student loans5897%$463,106$7,985
Student loan aid5897%$566,612$9,769
Total student aid5897%--

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