Rock Valley College (RVC) Tuition 2024| The College Monk

$8,100

Tuition

N/A

Cost of Attendance

$8,419

Net Price

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Rock Valley College (RVC) Tuition and Fees

Rock Valley 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. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the college adds up to about $13,214, which includes the total tuition fees and other expenses. The books and supplies and other expenses cost $1,170 and $3,058, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$8,414	$15,224
Book & Supplies	$1,201	$1,201
Room & Board cost	NA	NA
Other Expenses	NA	NA
Total Cost of Attendance	NA	NA

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. 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 Rock Valley College come out to be around $13,214 per year. Other than that, they will need to shell out an amount of $1,170 for books and supplies, $7,785 for room and boarding charges, and $3,058 toward other expenses on average in a year. So, the overall cost of attending RVC comes out to be about $25,227 per year, according to the most recent information available. At RVC, the tuition and fees come out to be around $9,434 for in-state students and $16,994 for out-state candidates.

Average Net Price by Family Income

Net Price

$8,419

Family Income

Avg. Net Price

$0 to $30,000

$6,687

$30,001 to $48,000

$7,917

$48,001 to $75,000

$10,175

$75,001 to $110,000

$11,476

$110,000+

The net cost of attending Rock Valley College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. Simply put, the family income of the candidate is a key factor in determining the net amount. At RVC, the average net price is estimated to be $7,603. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $6,249. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $7,404. On the other hand, an estimated net cost of $9,532 is charged for the $48,001-$75,000 income bracket and $10,530 for the $75,001-$110,000 income category.

Student Loans

Example Loans

$8,672

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$90

Total interest paid

$2,128

Sum of Loan Payments

$10,800

To have a realistic understanding of how much it will cost to study at Rock Valley College (RVC) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $8,672 for example. This will result in a $1,080 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 $10,800 which is $2,128 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	$8,414	$15,224
Room & Board Cost	N/A	N/A
Total Tuition & Fees	N/A	N/A

At Rock Valley College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $13,214 per year. Alongside that, they will likewise need to shell out around $7,785 toward their room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $25,227.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$287

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 Rock Valley College varies between graduate and undergraduate degrees. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $101. Also, Rock Valley College currently offers a number of online courses to students across 32 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	N/A	$7,569
Other Expense	N/A	$2,950
Book & Supplies	$1,201	$1,201

Students of RVC who opt to live off-campus will be required to pay $10,843 per year toward housing. However, it is important to note that on-campus housing facilities have not been made available to students by the college. Moreover, off-campus candidates will have to pay an amount of $7,785 toward room and boarding charges. In addition to that, the candidates will have to pay an amount of about $1,170 for books and supplies. The other expenses that students need to plan for come to around $3,058 for candidates who live off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$7,569

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$2,950

Housing & Other Expenses

Book & Supplies

On Campus

$1,201

Off Campus

$1,201

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 $126,994. In contrast, the total expenses for undergraduate students amounted to $7,603 in 2018-2019, $8,419 in 2017-2018, and $8,275 in 2016-2017.

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