In 2021, tuition for full-time students at Rust College was $9,900 a year.
Tuition was the same price in 2022 compare to the year before. Usually, college tuition rises about 3% year.
Remember, the "sticker price" of tuition doesn't always mean much if you plan to use financial aid to help pay for college. Many students find the actual cost of college is much less than the sticker price after grants, scholarships, and tuition discounts are awarded. Plus, student loans can make thecost of college feel more doable until you've finishing school and found a job.
Rust College is a private, religious institution, which means it has the same tuition for residents of MS as it does for residents from other states.
Public schools receive funds from the state to help them cover costs. Public insitutions often offer a lower cost of attendance for those who qualify as MS residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Be sure to check your state's eligibility criteria for as an in-state resident. 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 additional requirements too, depending on where you live.
Tuition at Rust College is the same for each student.
Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may be eligible for private or Rust College-specific grants, scholarships, and other funding opportunities..
International students without financial need may be eligible for merit-based institutional scholarships.
Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Rust College.
Housing and campus dining at Rust College is $4,300 a year. This covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining facilities.
Board costs may vary depending on how many meals are included in the plan you choose.
First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books 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.
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 additional fees associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Many schools offer ways for students with demonstrated need to get help covering these costs.
The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these factors can drastically impact your transportation budget. At Rust College, freshman are allowed to park on campus.
Where are a college is located can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city could be expensive, but cities may offer more trains, busses and low-cost flight options to actually get to school. The Rust College campus is in a small town setting in MS, not far from Memphis.
When you're planning for college, be sure to factor in the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.
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 Rust College.
What will the cost of attending Rust College be? Here is a breakdown of tuition and expenses.
|2022 Total Tuition and Expenses|
|Room and Board||$4,300|
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
|Total Estimated Costs|
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.
The majority of Rust College undergrads use financial aid to to cover the cost of tuition. In 2022, 806 of the 623 undergrads enrolled received financial aid. Rust College meets 60% of the demonstrated financial need for undergraduates.
The average financial aid package for a full-time, first-year student is around $6,985 a year. Around 55% of Rust College undergrads take out student loans to cover any remaining costs. Rust College graduates who have student loans graduate with an average of $9,314 of student loan debt.
|Most Common Loans for Rust 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 Rust 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 2022, Rust College awarded 741 need-based scholarships to students, giving away total of $3.2 million to help students with financial need cover the cost of school. An additional $640000 thousand 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 Rust 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 Rust College was $6,985 in 2022. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Rust College seem more manageable.
|Estimated Net Cost for Full-Time Students|
What will attending Rust 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 Rust 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.
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 schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
Check the financial aid website for more information on payment plans and tuition waivers.
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Tuition & Fees
Students Who Receive Need-Based Aid
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Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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