Rhodes College

In 2022, tuition for full-time students at Rhodes College was $54,082 a year.

Tuition increased 4% in 2023–from $52,000 the prior year. On average, college tuition goes up about 3% every year.

If this information makes going to college seem daunting, remember, the total cost of tuition isn't the final cost for attending college. Many students pay a lot less than the total tuition after grants, scholarships, and tuition discounts are applied. And, student loans can make theprice of collegefeel more doable until after graduation.

Rhodes College meets 92.06% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Rhodes College is around $47,066 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $21,967 of debt.

Rhodes College: In-state vs. Out-of-State Tuition

Rhodes College is a private, nonprofit institution, so it has the same tuition for residents of Tennessee as it does for students who live in other states.

Public colleges and universities receive funding from the state government. Public insitutions often offer reduced tuition for those who qualify as Tennessee residents.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to verify your state's criteria for in-state residency. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on where you live.

Explore other Tennessee colleges

Tuition for International Students at Rhodes College

Tuition at Rhodes College is the same for each student.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but should research private or school-specific aid and scholarships. International students who demonstrate financial need may qualify for the following types of financial support at Rhodes College:

•On-campus jobs •Rhodes College-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

---

Rhodes College Room, Board, Fees, and More

---

In addition to the cost of tuition, room and board, books, transportation and fees are also costs it consider when budgeting for college. Let's take a look at what impacts these costs, and what to expect at Rhodes College.

Room and Board Costs at Rhodes College

Room and board at Rhodes College is $12,910 a year. This includes the cost of living in dorms or other on-campus housing, and a dining plan that enables you to eat all or some of your meals the Rhodes College's on-campus cafeterias and dining facilities. Students who live off campus but still want to use the dining facilities can pay for a meal plan. The cost of board-only is $6,455.

Meal-plan costs can depend on the number of meals you intend to eat on-campus

How Much Do Books Cost at Rhodes College?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and what kinds of books and materials they require. To save money, many students choose to use books from the library or buy used textbooks and materials.

Yearly Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be optional fees associated with participating in certain activities, like Greek Life, or participating in sports or other extracurriculars. Most colleges offer ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Transportation costs

The total cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use public transportation? All of these factors can make a big difference in your transportation budget. At Rhodes College, freshman are allowed to park on campus.

A school's location can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in a city can be costly, but there may be more buses, trains and low-cost flight options to actually get to school. The Rhodes College campus is in a city in Tennessee, not far from Memphis.

Other Costs

When you're planning for college, be sure to leave some room in your budget for personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

---

The Full Cost of Attending Rhodes College

---

Now, let’s look at the breakdown of all expenses, to get a better idea of what is really costs to go to Rhodes College.

How Much Does Rhodes College Cost?

What will the cost of attending Rhodes College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$54,082
Room and Board	$12,910
Board Only	$6,455
Other expenses	$1,490

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$69,292
Off-Campus	$62,837

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

Rhodes College’s tuition and fees change based on: •Course load for part-time students

---

Financial Aid at Rhodes College

---

In 2023, 925 of the 1,996 undergrads enrolled received financial aid. Rhodes College meets 92.06% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $47,066 a year. Around 39% of Rhodes College undergrads take out student loans to cover any remaining costs. Rhodes College graduates who have student loans graduate with an average of $21,967 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$17,711
Private Loans	$31,544

Most Common Loans for Rhodes College Students
Federal Loans	38%
Private loans	6%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Rhodes College financial aid, keep reading, or visit their financial aid website.

Scholarships at Rhodes College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Rhodes College awarded 912 need-based scholarships to students, giving away total of $34.1 million to help students with financial need cover the cost of school. An additional $35.66 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Rhodes College Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Rhodes College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Rhodes College was $47,066 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Rhodes College seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$22,226
Off-Campus	$15,771

What will attending Rhodes College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Rhodes College's net cost calculator on their website.

Rhodes College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Rhodes College does not have guaranteed tuition.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Rhodes College Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

Rhodes College has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Rhodes College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

Rhodes College's endowment was valued at $394.3 million in 2023, compared to a national average of $905 million. For each full-time student, Rhodes College spends about $16,460 a year.

---

Learn More About Rhodes College

---

Choose one of the options below to find out more about about Rhodes College:

Overview

Student Life

Academics

Admissions

Connect with other students, parents, and admissions professionals to learn more about about Rhodes College in the College Confidential forums