Reid State Technical College Tuition 2021| The College Monk

$3,870

Tuition

N/A

Cost of Attendance

$3,413

Net Price

Reid State Technical College Tuition and Fees

Reid State Technical College provides a diverse range of programs across different fields, offering quality education to students. The cost of education here is quite low compared to the tuition fees charged by different colleges. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $6,825, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The books and supplies and other expenses cost $1,125 and $1,500, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$4,800	$8,670
Book & Supplies	$1,125	$1,125
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

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. There are several other expenses that are involved in the cost of attending the university, which primarily includes housing, dining, textbooks, supplies, and the cost of living. The total tuition and fees for students attending Reid State Technical College come out to be around $6,825 per year. Other than that, they will need to shell out an amount of $1,125 for books and supplies, $5,000 for room and boarding charges, and $1,500 toward other expenses on average in a year. Hence, based on this information, the overall cost of attending the college adds up to around $14,450 per year. At the university, in-state students will be required to pay an amount of $4,860 toward tuition and fees, while out-state candidates need to shell out $8,790.

Average Net Price by Family Income

Net Price

$3,413

Family Income

Avg. Net Price

$0 to $30,000

$3,365

$30,001 to $48,000

$1,021

$48,001 to $75,000

$2,204

$75,001 to $110,000

$110,000+

As for the net cost for attending RSTC, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. 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 $2,918 at RSTC. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $3,022. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $2,825. Meanwhile, the net price stands at $1,390 for students whose annual family income is between $48,000 and $75,000.

Student Loans

Example Loans

$3,802

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$39

Total interest paid

$933

Sum of Loan Payments

$4,735

To have a realistic understanding of how much it will cost to study at Reid State 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 $3,802 for example. This will result in a $474 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 $4,735 which is $933 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$4,800	$8,670
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At Reid State Technical College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $6,825 in a year. Moreover, the applicants must also pay an amount of $5,000 towards room and boarding charges. Accordingly, the overall cost for undergraduate students at the college totals about $14,450 per year, based on the available data.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$129

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend RSTC. The cost per credit hour for the graduate courses at the college sits at $52. At present, Reid State Technical College also offers various online programs to students across as many as 3 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$5,000
Other Expense	N/A	$1,500
Book & Supplies	$1,125	$1,125

As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $6,500 per year. However, it should be noted that on-campus lodging facilities are not available at the college. The room and boarding charges for the university’s off-campus students come to around $5,000. In addition to that, the candidates will have to pay an amount of about $1,125 for books and supplies. Apart from these, the other expenses that students should plan for add up to $1,500 for students who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$5,000

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$1,500

Housing & Other Expenses

Book & Supplies

On Campus

$1,125

Off Campus

$1,125

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at RSTC are projected to cost around $72,710 as per official data. In contrast, the total expenses for undergraduate students amounted to $2,918 in 2018-2019, $3,413 in 2017-2018, and $3,598 in 2016-2017.