INDIANAPOLIS – Ivy Tech Community College students who transferred their Ivy Tech credits to each of the state’s public institutions during the 2012-13 school year saved more than $34.8 million in tuition costs.

More than 11,000 Ivy Tech students transferred 226,333 credit hours in 2012-13 – a savings that equates to $34.8 million.  The savings calculations are determined by taking the total credit hour cost at the transfer institutions minus the Ivy Tech per credit hour rate.

In the previous 2011-12 school year, Ivy Tech students who transferred credits to the state’s public institutions saved $32.6 million, with two year total savings equating to more than $67 million.

Of those Ivy Tech students transferring credit in the 2012-13 school year, 15 percent completed an Ivy Tech associate degree or a certificate before transferring while 85 percent did not.

IUPUI is the largest recipient of Ivy Tech transfer students with 2,287 students transferring 69,301 credit hours, which also equates to the largest amount of savings totaling $11.9 million.  Indiana University’s Bloomington campus received 2,260 Ivy Tech transfer students, while Purdue University’s West Lafayette campus received 1,935 students.

Ivy Tech Community College is the state’s largest public postsecondary institution and the nation’s largest singly accredited statewide community college system serving nearly 200,000 students annually.  Ivy Tech has campuses throughout Indiana. It serves as the state’s engine of workforce development, offering affordable degree programs and training that are aligned with the needs of its community along with courses and programs that transfer to other colleges and universities in Indiana. It is accredited by the Higher Learning Commission and a member of the North Central Association.