Tim Downs, vice president of Finance and Administration and chief financial officer, said the college is a tuition-dependent institution and that room and board make about 90% of the net operating revenue. Tuition for the 2021–22 academic year is $46,610 on top of the $6,868 standard meal plan and a double room cost of $8,976. Former President Shirley M. Collado said she wanted to move the college away from relying on tuition because of lower enrollment. During the State of the College meeting Oct. 5, Downs said the total revenue from tuition and room and board was $211,472,084 in 2019, $190,142,130 in 2020 and $137,978,111 in 2021.
https://theithacan.org/news/ic-community-discusses-budget-cuts-and-tuition-amid-pandemic/
