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Cost & Aid

Paying for College

Make an investment in your future with Inver Hills Community College. We provide an outstanding education at a price that has been ranked as one of the best values in Minnesota.

Tuition for a full-time student is approximately $5,632 but many students will pay less than that thanks to financial aid and scholarships. Inver Hills students pursuing associate’s degrees benefit from small class sizes, a conveniently located, university-style campus, and one-on-one interaction with faculty.

Whether you plan to use your degree to start a new career or transfer to a four-year college or university, you’ll save thousands of dollars by attending Inver Hills.

Better still, if you complete the Minnesota Transfer Curriculum (MnTC) and earn a minimum 2.0 GPA in an Associate of Arts (A.A.) degree from Inver Hills, you are guaranteed admission with junior year status to any one of the seven Minnesota State universities.

Financing Options

Paying for college can be challenging, but you’ll be happy to know you have a wide range of financing options, including financial aid and a payment plan, that can make the process easier and more affordable.

Financial Aid

Financial aid has four basic types:

  1. Scholarships
  2. Grants
  3. Student employment (previously called work-study)
  4. Student loans

Many students employ a combination of the four to cover the cost of college. Our financial aid experts can help you create a plan that saves you money now and ultimately reduces your student debt.

Types of Financial Aid

Click each item below to see content

Scholarships

Scholarships are awesome because you are not required to pay back the money. Many scholarships are available to students with special interests and backgrounds.

Inver Hills scholarship page: Scholarships provided by the Inver Hills Foundation, sponsored by staff, faculty, corporations, communities, organizations and individuals.

Outside scholarships page: A list of resources for searching additional scholarships.

You can also find broader scholarship information and resources through Minnesota State CAREERwise Education.

Talk to an Inver Hills counselor or advisor to find out what scholarships might work for you.

Grants

Minnesota Grants

Minnesota State Grant

State Grants help students from low-income and moderate-income families pay for educational expenses at eligible Minnesota colleges or universities—and that includes Inver Hills. The maximum award for 2016–2017 at a public two-year college is just under $7,350; the average award is just under $1,860. Again, awesome: you don’t have to pay back the money. Visit Minnesota State Grant to learn more.

MN State Grant application due dates

  • Spring 2022 - February 8, 2022
  • Summer 2022 - June 29, 2022

Here are some additional Minnesota grants that may work for you:

  • Minnesota State Work Study Program
  • Child Care Grant
  • Minnesota GI Bill
  • Minnesota Dream Act

Federal Grants

A variety of federal grants are offered by the U.S. Department of Education to students attending four-year colleges or universities, community colleges, and career schools.

Here are some federal grants that may work for you:

  • Federal Pell Grants
  • Federal Supplemental Educational Opportunity Grants (FSEOG)
  • Iraq and Afghanistan Service Grants
  • Federal Work-Study
  • Federal TEACH Grant

Visit Federal Student Aid to learn more.

Student Employment

Getting a job on campus begins when you receive an award notification letter that lists your student employment eligibility.

  • You may still be eligible if you do not receive a student employment award
  • Check your eligibility with The Office of Financial Aid
  • Amount listed on award letter is maximum you may earn for academic year
  • Due to limited student employment funds, awards are disbursed first-come, first-served
  • Receiving a student employment award is not a guarantee of employment
  • Contact job’s supervisor via e-mail to start application process
  • Supervisor will set up an interview with you on receiving your application
  • You and your supervisor must complete the required portions of the Student Employment Authorization
  • Bring your social security card and driver’s license (or other acceptable documentation as listed in Section C of the Authorization) to The Office of Financial Aid to complete your W-4 and I-9
  • You will also be required to do Security Awareness Training on D2L
  • Training must be completed before you can begin working

To learn more about working on campus, contact:

Nate Eddy, Financial Aid Representative | 651-450-3354

On Campus Job Listings

Student Loans

Federal loan resources:

  • Federal Subsidized and Unsubsidized Loans
  • Federal PLUS Loans
Learn How Student Loans Work

FACTS Payment Plan

Inver Hills participates in a payment plan that allows students to make monthly payments for tuition, fees and books. Through an agreement with FACTS Tuition Management Company, these payments will be automatically processed each month (either on the 5th or 20th) through the responsible party's bank account.

This is not a loan and there is no interest or finance fee. The only fee to budget payments through FACTS is a non-refundable enrollment fee of $30 per semester. Students who have any scheduling changes and are enrolled in this program will see their payments automatically corrected. An email from FACTS will be sent.

The application process is quick and easy; students can sign up for FACTS through e-Services.

For any questions, email the Enrollment Center or call 651-450-3503.

Contact

  • Office of Financial Aid

  • Inver Hills Community College
  • College Center
  •   651-450-3495
  •   Email

  • Fax: 651-450-3360

Cost & Aid Resources

Here is a quick list of additional resources and information you might find helpful as you consider the cost of college.

 

Complete the Free Application for Federal Student Aid (FAFSA) to apply for financial aid. It should only take about 20 minutes.

Complete the FAFSA
Top Resources
  1. 01Paying for College
  2. 02Tuition & Costs
  3. 03Scholarships
  4. 04Apply for Financial Aid
  5. 05Financial Aid FAQs
  6. 06Office of Financial Aid - Get Help
  7. 07Student Employment
  8. 08Money Management
  9. 09Forms & Policies
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© 2023 Inver Hills Community College. Inver Hills is a member of Minnesota State, and an affirmative action, equal opportunity employer and educator. This information is available in an alternate format by calling TTY/Minnesota Relay at 1-800-627-3529 or contacting The Office for Accessibility Resources. HLC Accreditation