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Rich Mountain Community College Tuition & Cost

Mena, Arkansas

How much does it cost to attend?

In District Arkansas Resident Sticker Price
$17,562
In District Costs for Rich Mountain Community College
Fee Cost
Tuition$1,944
Books and Supplies$660
Other Fees$936
Estimated Off Campus Cost of Living $6,966
Other Expenses Budget$7,056
In State Arkansas Resident Sticker Price
$17,898
In State Costs for Rich Mountain Community College
Fee Cost
Tuition$2,280
Books and Supplies$660
Other Fees$936
Estimated Off Campus Cost of Living $6,966
Other Expenses Budget$7,056

In district Arkansas residents should budget an annual total cost of $17,562 to attend Rich Mountain Community College on a full time basis. This fee is comprised of $1,944 for tuition, $6,966 off-campus housing, $660 for books and supplies and $936 for other fees.

All price data is sourced from the 2018/2019 U.S. Department of Education National Center for Education Statistics survey.

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Net Price

Net price is indicative of what it actually costs to attend Rich Mountain Community College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$4,821
Net Price by Income Rich Mountain Community College
Family Income Net Price Paid
$0 to $30,000$4,045
$30,001 to $48,000$4,983
$48,001 to $75,000$5,402
$75,001 to $110,000$6,874
$110,000+n/a

The average reported annual net price for Rich Mountain Community College for students receiving grants or scholarship aid was $4,821 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

Finanical Aid Rich Mountain Community College
Type Avg./Student Students Receiving
Annual Total Grant Aid $5,586 98%
Pell Grant $4,964 85%
Federal Student Loan $0 0%

The average reported annual net price for Rich Mountain Community College for students receiving grants or scholarship aid was $4,821 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rich Mountain Community College, we've modeled a ten year student loan with an original principal value of $5,884. The loan balance of $5,884 is a two year multiple of the $2,942 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $61 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.529%.

Example Loan $5,884
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $61.06
Total Interest Paid $1,443.58
Sum of All Loan Payments $7,327.58

Projected 2 Year Degree Price

2 Year Sticker Price
$35,796
Year Arkansas Residents Non Residents
1 $17,898 $18,618
2 $18,793 $19,549

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Rich Mountain Community College to be $35,796 - assuming graduation in normal time. The estimation assumes a 5% annual increase over the next 2 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Rich Mountain Community College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $81 $243 $324
Arkansas Residents $95 $285 $380
Out of State Residents $125 $375 $500

Estimated cost for a class at Rich Mountain Community College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Rich Mountain Community College versus other colleges.

Tuition Payment Plans Available

Rich Mountain Community College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=107743 IPEDS survey data for Rich Mountain Community College.