$14,232

Tuition

$25,239

Cost of Attendance

$15,291

Net Price

Ranken Technical College Tuition and Fees

Ranken Technical College is a prominent educational institution known for offering a range of undergraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at RTC is quite low compared to the expense of education at most institutions. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Ranken Technical College comes to around $14,889, which includes tuition and other expenses as well. The housing facilities, books and supplies, and other expenses cost $5,200, $2,500, and $1,900, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$14,457$14,457
Book & Supplies$3,500$3,500
Room & Board cost$5,200$5,200
Other Expenses$2,082$2,082
Total Cost of Attendance$25,239$25,239

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. What's more, at Ranken Technical College, the total tuition and fees for the enrolled students come out to be around $14,889 in a year. Other than that, they will need to shell out an amount of $2,500 for books and supplies, $7,100 for room and boarding charges, and $1,900 toward other expenses on average in a year. Therefore, the estimated cost of attendance for one year at RTC is around $26,389, as per the available information.

Average Net Price by Family Income

Net Price

$15,291

Family Income

Avg. Net Price

$0 to $30,000

$14,447

$30,001 to $48,000

$14,524

$48,001 to $75,000

$16,184

$75,001 to $110,000

$18,876

$110,000+

$20,236

The net price of attending Ranken Technical College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $14,686 at RTC. The net price for students with an annual family income below $30,000 is reported to be around $13,980. For the individuals who come under the $30,001-$48,000 income category, the net cost is $13,436. Meanwhile, the net price stands at $15,045 for the $48,001-$75,000 income bracket and at $18,260 for an income between $75,001 and $110,000. This amount adds up to $20,080 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$74,012

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$768

Total interest paid

$18,158

Sum of Loan Payments

$92,170

To have a realistic understanding of how much it will cost to study at Ranken Technical College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $74,012 for example. This will result in a $9,217 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $92,170 which is $18,158 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$14,457$14,457
Room & Board Cost$5,200$5,200
Total Tuition & Fees$19,657$19,657

At Ranken Technical College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $14,889 in a year. They would also be required to pay around $7,100 for their room and boarding expenses. In view of this information, the estimated total cost for undergraduate students at RTC adds up to $26,389.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019N/A
Undergraduate2018 - 2019$593

The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Ranken Technical College varies between graduate and undergraduate degrees. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $114. At present, Ranken Technical College also offers various online programs to students across as many as 17 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & Board$5,200$9,000
Other Expense$2,082$1,800
Book & Supplies$3,500$3,500

As far as the housing and related charges at RTC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $7,200 per year for on-campus housing and $10,800 a year for off-campus lodging facilities. For on-campus students at the university, the room and board charges total around $5,200 per year, while the amount charged for off-campus candidates stands at $9,000. Coming to the books and supplies charges, the students will be required to pay an amount of $2,500. Aside from these, the other expenses that students should plan for add up to $2,000 for on-campus candidates and $1,800 for students who are off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$5,200

Off Campus

$9,000

Housing & Other Expenses

Other Expenses

On Campus

$2,082

Off Campus

$1,800

Housing & Other Expenses

Book & Supplies

On Campus

$3,500

Off Campus

$3,500

As far as the housing and related charges at RTC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $7,200 per year for on-campus housing and $10,800 a year for off-campus lodging facilities. For on-campus students at the university, the room and board charges total around $5,200 per year, while the amount charged for off-campus candidates stands at $9,000. Coming to the books and supplies charges, the students will be required to pay an amount of $2,500. Aside from these, the other expenses that students should plan for add up to $2,000 for on-campus candidates and $1,800 for students who are off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Bachelors NA NA

Ranken Technical College offers 1 online programs across 1 Majors.

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $132,210. To note, the total expenses for undergraduate students stood at $14,686 for 2018-2019, $15,291 for 2017-2018, and $14,937 for 2016-2017.

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