In 2021, Rhodes College's tuition was .
On average, colleges raise tuition about 3% each year.
If this makes attending the college of your dreams feel scary, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts kick in. Plus, student loans can make theactual cost of attending college more manageable until after graduation.
Rhodes College is a private, nonprofit institution, so it has the same tuition for students from Tennessee as it does for students who live in other states.
Public colleges and universities receive funding from the state government. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency..
Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to confirm your state's rules for in-state tuition. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on the state you and your parents currently live in.
Rhodes College has the same tuition for international students as for those from out of state.
International students usually do not qualify for for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities.. International students with need may qualify for the following types of financial support at Rhodes College:
International students without financial need may be eligible for merit-based institutional scholarships.
In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Rhodes College.
Housing and campus dining at Rhodes College costs $11,816 a year. This number includes the cost of living in dorms or other on-campus housing, and a meal plan that enables you to eat all or some of your meals the school dining facilities. Students who live off campus but still want to use the dining facilities can pay for a meal plan. The cost of a mean plan, or board-only, is $5,373.
Board costs can depend on the numnber of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges charge some yearly fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.
There may be optional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have resources for students who may struggle to participate because of cost can find ways to lower or eliminate these costs.
The cost of getting around 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 plan to bring a car or will you need to use busses, subways, or other modes of transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.
Where are a college is located can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in a city is usually expensive, but cities may offer more buses, trains or low-cost flight options to actually get to school. The Rhodes College campus is in a urban setting in Tennessee, near Memphis.
When budgeting for college, don’t forget to consider personal expenses, like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
Now, let’s do a rundown of all of the costs associated with college, to get a better idea of what is really costs to go to Rhodes College.
|2021 Total Tuition and Expenses|
|Room and Board||$11,816|
|Total Estimated Costs|
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
The majority of Rhodes College undergrads use financial aid to to cover the cost of tuition. In 2021, 955 of the 1,840 undergrads enrolled received financial aid. Rhodes College meets 91% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $43,614 a year. Around 47% 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 $25,385 of student loan debt.
The average debt for each loan type varies.
|Average Debt By Loan Type|
|Rhodes College-Specific Loans||$0|
|Most Common Loans for Rhodes College Students|
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.
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 2021, Rhodes College awarded 946 need-based scholarships to students, giving away total of $33.3 million to help students with financial need cover the cost of school. An additional $26.66 million in merit-based scholarship money was awarded to students without demonstrated financial need.
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 $43,614 in 2021. 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.
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 get a better idea of 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.
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.
A Prepaid Tuition Plan is not available for Rhodes College students.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, students are usually responsible for housing, meal plans, and other expenses.
Rhodes College has some full or partial tuition waivers available for: - International Students - Employees or Children of Employees
Check the financial aid website for more information on payment plans and tuition waivers.
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