College Costs in Savoy, IL 2026
Compare tuition, housing, and financial aid across 2 colleges in Savoy, Illinois. Use our free calculator to estimate your total cost.
Avg Public Tuition
$15,400
per year
Avg Private Tuition
$38,000
per year
Avg Rent Near Campus
$525
per month
Colleges & Universities
2
institutions
Savoy Overview
Population
26,996
Student Population
2,310 (8.6%)
Cost of Living Index
88.2 (avg: 100)
Walk Score
33/100
Transit Score
13/100
Unemployment Rate
4.9%
College Cost Calculator for Savoy
Cost Inputs
Total Cost (4 Years, Public In-State)
$115,232
Total After Financial Aid
$115,232
Annual Cost
$28,808
Annual After Aid
$28,808
Cost Breakdown (4 Years)
If Financed (10-Year Loan at 6.5%)
| Loan Amount | $115,232 |
| Monthly Payment | $1,308 |
| Total Interest | $41,780 |
| Total Loan Cost | $157,012 |
Universities in Savoy
| University | Type | Annual Tuition |
|---|---|---|
| Savoy State University | Public | $15,117 |
| Savoy Community College | Community | $5,209 |
Savoy has 2 total colleges and universities. Tuition figures are approximate annual in-state rates for the 2025-2026 academic year.
Cost of Living in Savoy vs. National Average
| Category | Savoy | National Avg | Difference |
|---|---|---|---|
| Public Tuition (In-State) | $15,400 | $10,940 | +$4,460 |
| Monthly Rent Near Campus | $525 | $1,050 | -$525 |
| Cost of Living Index | 88.2 | 100 | -11.799999999999997 |
Savoy's cost of living is below the national average. This makes it a more affordable city for students compared to many other college towns.
Student Life in Savoy
Walk Score
Car-Dependent
Transit Score
Minimal Transit
Student Population
2,310 students
Savoy has a total population of 26,996, with approximately 2,310 college students (8.6% of the population). Savoy has a significant student presence that contributes to a diverse cultural scene with restaurants, entertainment, and networking opportunities.
Post-Graduation Outlook in Savoy
$36,303
Starting Salary
4.9%
Unemployment Rate
52%
Graduation Rate
~88 yrs
ROI Payback Period
Return on Investment Analysis
Graduates from colleges in Savoy earn a median starting salary of $36,303, which is $1,303 more per year than the average high school graduate salary of $35,000. At a 4-year public university cost of $115,232 (including room and board), it would take approximately 88 years of the salary premium to recoup the investment. With average financial aid of $9,638 per student per year, the net cost and payback period can be significantly reduced.
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