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The combined 'green' initiatives are expected to produce savings of $300,000 per year in comparison with traditional classroom buildings on the UIUC campus. [4] The cost of construction was approximately $60 million and covers 160,000 sq ft (15,000 m 2)
In 2017, a federal endowment tax was enacted in the Tax Cuts and Jobs Act of 2017 in the form of an excise tax of 1.4% on institutions that have at least 500 tuition-paying students and net assets of at least $500,000 per student. The $500,000 is not adjusted for inflation, so the threshold is effectively lowered over time.
Tuition and fees do not include the cost of housing and food. For most students in the US, the cost of living away from home, whether in a dorm room or by renting an apartment, would exceed the cost of tuition and fees. [7] [9] In the 2023–2024 school year, living on campus (room and board) usually cost about $12,000 to $15,000 per student. [7]
A college cost calculator, in the United States, is an online tool allowing students and their parents to calculate how much college is likely to cost. [ 1 ] [ 2 ] Numbers are input into the online calculator, and if done properly, it gives an estimate of the likely expenses for that student attending that particular college.
The University of Illinois System is a system of public universities in the U.S. state of Illinois, consisting of three campuses located in Chicago, Springfield, and Urbana-Champaign. Across all campuses, the University of Illinois System enrolls more than 94,000 students. [4] It had an operating budget of $7.18 billion in 2021. [5]
The Illinois MakerLab is the world's first business school 3D printing lab located on the third floor of the Business Instructional Facility. After opening in spring of 2013, the MakerLab has provided printing, custom designing and prototyping, educational, and other related services for both the Urbana-Champaign and University of Illinois ...
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The College has the third-highest per-dollar research expenditure in the nation with over $202 million spent annually. The College is home to 26 research centers, 10 major laboratories, and nine affiliate programs. In total, the College employs 408 research faculty members, 2,681 graduate researchers, and over 1,200 staff members.