The total costs of attendance has increased 45.96% from year 2015 where current year costs are $55,500 at Formations Institute.
The tuition & fees of the largest program has raised from $12,600 (year 2015) to $17,400 (year 2024).
The following table and chart illustrate the changes of total cost of attendance (COA) for Formations Institute over the past 9 years. The COA has increased 45.96% for that period where last year costs was $55,500. The total cost includes the tuition & fees and books & supplies costs of the largest vocational program in addition to the living costs.
| Year | Living off Campus | Changes by Year |
|---|---|---|
| 2015-16 | $38,025 | - |
| 2016-17 | $38,538 | 1.35% |
| 2017-18 | $38,051 | -1.26% |
| 2018-19 | $34,840 | -8.44% |
| 2019-20 | $39,378 | 13.03% |
| 2020-21 | $41,850 | 6.28% |
| 2021-22 | $45,600 | 8.96% |
| 2022-23 | $45,600 | |
| 2023-24 | $55,500 | 21.71% |
The following table and chart shows the tuition & fees change of the largest program at Formations Institute. The tuition & fees has increased 38.10% for last 9 years where the recent tuition & fees are $17,400.
| Year | Tuition & Fees | Changes By Year |
|---|---|---|
| 2015-16 | $12,600 | - |
| 2016-17 | $12,900 | 2.38% |
| 2017-18 | $13,200 | 2.33% |
| 2018-19 | $13,440 | 1.82% |
| 2019-20 | $13,440 | |
| 2020-21 | $14,400 | 7.14% |
| 2021-22 | $15,150 | 5.21% |
| 2022-23 | $15,150 | |
| 2023-24 | $17,400 | 14.85% |
The costs for purchasing books & supplies required/recommended for courses have increased 12.12% from year 2015 to 2024 where current year costs are $1,850.
| Year | Books & Supplies | Changes by Year |
|---|---|---|
| 2015-16 | $1,300 | - |
| 2016-17 | $1,500 | 15.38% |
| 2017-18 | $1,500 | |
| 2018-19 | $1,500 | |
| 2019-20 | $1,500 | |
| 2020-21 | $1,500 | |
| 2021-22 | $1,650 | 10.00% |
| 2022-23 | $1,650 | |
| 2023-24 | $1,850 | 12.12% |
The living costs including room, board, and other living expenses have increased 31.58% when living off campus from year 2015 to 2024.
| Year | Living Off Campus | Changes by Year |
|---|---|---|
| 2015-16 | $11,075 | - |
| 2016-17 | $9,100 | 0.05% |
| 2017-18 | $8,413 | -3.26% |
| 2018-19 | $5,499 | -14.78% |
| 2019-20 | $8,812 | 22.80% |
| 2020-21 | $10,924 | 6.19% |
| 2021-22 | $12,449 | 10.98% |
| 2022-23 | $12,449 | |
| 2023-24 | $14,499 | 25.87% |
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