Rose-Hulman Institute of Technology

In 2022, tuition for full-time students at RHIT was $52,998 a year.

In 2023, tuition increased 4%–from $50,961 the prior year. Usually, college tuition rises about 3% year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is far less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make the amount you do have to pay for college more manageable until you've finishing school and found a job.

Rose-Hulman Institute of Technology meets 72% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Rose-Hulman Institute of Technology is around $37,282 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $55,774 of debt.

Does Rose-Hulman Institute of Technology Offer In-State and Out-of-State Tuition?

Rose-Hulman Institute of Technology is a private, nonprofit institution, so it has the same tuition for residents of Indiana as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a school where you qualify for the reduced tuition offered to state residentscan save students a lot of money on the overall cost of college. Don't forget to confirm your state's eligibility criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements as well, depending on where you live.

Explore other Indiana colleges

Tuition for International Students at Rose-Hulman Institute of Technology

Tuition at Rose-Hulman Institute of Technology is the same for each student.

Students from outside of the U.S. are not eligible for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities.

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

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Rose-Hulman Institute of Technology Living Expenses, Fees, and More

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In addition to 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 Rose-Hulman Institute of Technology.

House and Food Costs at Rose-Hulman Institute of Technology

Housing and campus dining at Rose-Hulman Institute of Technology costs $17,718 a year. This includes the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat in the school dining halls.

Meal-plan costs can depend on how many meals are included in the plan you choose.

How Much Do Books Cost at Rose-Hulman Institute of Technology?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

Most schools also have fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.

There may be other costs associated with participating in special activities, like joining a fraternity or sorority, or participating in sports or other extracurriculars. Many schools have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these fees.

Planes, Trains, and Automobiles: Transportation costs at Rose-Hulman Institute of Technology

The total cost of transportation in college can really vary. 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 walkable? Do you own a car, or will you need to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Rose-Hulman Institute of Technology, freshman are allowed to park on campus.

Where are a college is located can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area could be costly, but cities may offer more buses, trains or low-cost flight options to actually get to school. Rose-Hulman Institute of Technologyis in a suburb in Indiana, not far from Indianapolis.

Other Costs

When budgeting for college, don’t forget to consider the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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The Full Cost of Attending Rose-Hulman Institute of Technology

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Now, let’s go over all of the costs we've covered, to get a better idea of what is really costs to go to Rose-Hulman Institute of Technology.

Total Cost of Rose-Hulman Institute of Technology

What will the cost of attending Rose-Hulman Institute of Technology be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$52,998
Room and Board	$17,718
Other expenses	$1,998

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

Total Estimated Costs
On-Campus	$73,890
Off-Campus	$54,174

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.

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Financial Aid at Rose-Hulman Institute of Technology

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The majority of Rose-Hulman Institute of Technology undergrads use financial aid to finance their education. In 2023, 1,221 of the 2,176 undergrads enrolled received financial aid. Rose-Hulman Institute of Technology meets 72% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $37,282 a year. Around 50% of Rose-Hulman Institute of Technology undergrads take out student loans to cover any remaining costs. Rose-Hulman Institute of Technology graduates who have student loans graduate with an average of $55,774 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$23,595
Private Loans	$75,483

Most Common Loans for Rose-Hulman Institute of Technology Students
Federal Loans	50%
Private loans	22%

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 Rose-Hulman Institute of Technology financial aid, keep reading, or visit their financial aid website.

Scholarships at Rose-Hulman Institute of Technology

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, Rose-Hulman Institute of Technology awarded 1,216 need-based scholarships to students, giving away total of $42.4 million to help students with financial need cover the cost of school. An additional $21.98 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Rose-Hulman Institute of Technology 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 Rose-Hulman Institute of Technology 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 Rose-Hulman Institute of Technology was $37,282 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Rose-Hulman Institute of Technology seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$36,608
Off-Campus	$16,892

What will attending Rose-Hulman Institute of Technology 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Rose-Hulman Institute of Technology's net cost calculator on their website.

Rose-Hulman Institute of Technology Tuition Payment Plans

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

Rose-Hulman Institute of Technology does not have guaranteed tuition.

Rose-Hulman Institute of Technology offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

RHIT Tuition Waivers

Schools sometimes waiver tuition for certain groups, to make attending more affordable. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.

RHIT 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.

Rose-Hulman Institute of Technology'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.

As of 2022, the total market value of Rose-Hulman Institute of Technology's endowment was $250.6 million. The average college endowment was $905 million in 2021. For each full-time student, Rose-Hulman Institute of Technology spends about $17,687 a year.

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Learn More About Rose-Hulman Institute of Technology

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