ITHACA, NY—At its February meeting, the Ithaca College Board of Trustees approved a budget that features the smallest percentage increase in tuition, room and board in over half a century.
For 2016–17, the cost of attending Ithaca College for students who live on campus in a standard room will be $56,766, representing an increase of just 2.59%.
The college’s commitment to remaining affordable is underscored by the inclusion in the budget of over $118 million for institutional financial aid, the highest amount ever.
Ithaca College has been consistently ranked as a “best value” in the annual rankings by U.S. News and World Report. And in a study released last fall by the prestigious publication The Economist, IC was ranked at #47 in the country for providing economic value to its graduates. The magazine looked at earnings data from 2005–2015 to compare the gap between how much money a particular college’s alumni earn and how much they might have earned had they studied at another school with a similar student profile. Among the 1,302 four-year colleges and universities surveyed, Ithaca placed in the top 4% for boosting the earning power of its graduates.