Rocky Mountain College Tuition 2024| The College Monk

$27,982

Tuition

$41,472

Cost of Attendance

$18,330

Net Price

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Rocky Mountain College Tuition and Fees

Rocky Mountain College offers undergraduate, postgraduate, and doctoral programs across different fields, providing quality education to students. The expense of education here is very moderate, compared to the tuition fees charged by different colleges. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Rocky Mountain College comes to around $29,552, which includes tuition and other expenses as well. The housing facilities, books and supplies, and other expenses cost $8,452, $1,300, and $3,270, respectively.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$28,572	$28,572
Book & Supplies	$1,300	$1,300
Room & Board cost	$8,330	$8,330
Other Expenses	$3,270	$3,270
Total Cost of Attendance	$41,472	$41,472

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. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $29,552. Apart from that, they should also pay an average amount of $1,300 toward books and supplies, $8,451 for room and boarding charges, and $3,270 toward other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $42,573 per year.

Average Net Price by Family Income

Net Price

$18,330

Family Income

Avg. Net Price

$0 to $30,000

$15,381

$30,001 to $48,000

$13,967

$48,001 to $75,000

$16,506

$75,001 to $110,000

$19,079

$110,000+

$22,131

The net cost of attending Rocky Mountain 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. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $18,999 at RMC. The net price for students with an annual family income below $30,000 is reported to be around $16,334. For the individuals who come under the $30,001-$48,000 income category, the net cost is $15,758. On the other hand, an estimated net cost of $17,151 is charged for the $48,001-$75,000 income bracket, $19,007 for the $75,001-$110,000 income category, and $22,099 for an annual family income more than $110,000.

Student Loans

Example Loans

$71,036

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$737

Total interest paid

$17,428

Sum of Loan Payments

$88,464

To have a realistic understanding of how much it will cost to study at Rocky Mountain College here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $71,036 for example. This will result in a $8,846 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 $88,464 which is $17,428 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	$28,572	$28,572
Room & Board Cost	$8,330	$8,330
Total Tuition & Fees	$36,902	$36,902

At Rocky Mountain College, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $29,552 per year. They would also be required to pay around $8,451 for their room and boarding expenses. Accordingly, the overall cost for undergraduate students at the college totals about $42,573 per year, based on the available data.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$30,552	$30,552
Fees	$3,905	$3,905

Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at RMC, the amount stands at $34,605 per year. This includes $30,552 for the graduate tuition as well as an amount of $4,053 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$1,166
Undergraduate	2018 - 2019	$1,166

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 Rocky Mountain College varies between graduate and undergraduate degrees. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $576 and the undergraduate cost per credit hour at $227.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$8,330	$8,329
Other Expense	$3,270	$3,270
Book & Supplies	$1,300	$1,300

Now, coming to the lodging and related expenses at RMC, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $11,722 per year, while students have to pay $11,721 a year for off-campus housing. Besides, on-campus candidates will have to pay about $8,452 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $8,451. On the other hand, the charges toward books and supplies come to around $1,300. Apart from these, the other expenses that a candidate needs to plan for add up to around $3,270.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$8,330

Off Campus

$8,329

Housing & Other Expenses

Other Expenses

On Campus

$3,270

Off Campus

$3,270

Housing & Other Expenses

Book & Supplies

On Campus

$1,300

Off Campus

$1,300

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at RMC are projected to cost around $214,404 as per official data. In comparison, the total expenses for undergraduate students stood at $18,999 for 2018-2019, $18,330 for 2017-2018, and $20,276 for 2016-2017.

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