IBMC's tuition & fees has increased from $11,700 (2014) to $15,320 (2024), and the rate of tuition increase is 30.94% over the past 10 years.
IBMC's tuition increase rate is higher than the Colorado's average increase rate of 19.44%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 30.04% from 2014 ($24,055).
For the current academic year 2023-2024, IBMC's COA is $31,280, which is increased by 10.58% from last year.
The following table and chart show changes to IBMC's COA over the past 10 years.
On-campus living costs are not available.
Tuition & Fees Changes
The tuition & fees have increased 30.94% for the last 10 years , and the 2024 tuition & fees are $15,320. The following table and chart show the tuition & fees changes at IBMC College over last the 10 years.
Living Costs Changes
The living costs including room, board, and other living expenses have increased 48.70% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at IBMC College.
| Year | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,405 | - |
|---|
| 2015-16 | $10,675 | 2.59% |
|---|
| 2016-17 | $10,675 | |
|---|
| 2017-18 | $11,872 | 11.21% |
|---|
| 2018-19 | $12,952 | 9.10% |
|---|
| 2019-20 | $12,952 | |
|---|
| 2020-21 | $12,928 | -0.19% |
|---|
| 2021-22 | $13,328 | 3.09% |
|---|
| 2022-23 | $13,328 | |
|---|
| 2023-24 | $15,960 | 19.75% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between IBMC College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| IBMC College | $15,320 | $14,960 | 2.41% |
|---|
|
| Auguste Escoffier School of Culinary Arts-Boulder | $21,476 | $20,743 | 3.53% |
|---|
|
| Lincoln College of Technology-Denver | $36,101 | $34,665 | 4.14% |
|---|
|
| Intellitec College-Grand Junction | $23,730 | $22,509 | 5.42% |
|---|
|
| Pima Medical Institute-Denver | $17,158 | $16,355 | 4.91% |
|---|
|
| Intellitec College-Colorado Springs | $40,392 | $39,403 | 2.51% |
|---|
|