R
Public 2 Year

Rend Lake College Tuition & Cost

Ina, Illinois

 1 Reviews

How much does it cost to attend?

In District Illinois Resident Sticker Price
$18,882
In District Costs for Rend Lake College
Fee Cost
Tuition$3,300
Books and Supplies$1,800
Other Fees$750
Estimated Off Campus Cost of Living $8,532
Other Expenses Budget$4,500
In State Illinois Resident Sticker Price
$20,832
In State Costs for Rend Lake College
Fee Cost
Tuition$5,250
Books and Supplies$1,800
Other Fees$750
Estimated Off Campus Cost of Living $8,532
Other Expenses Budget$4,500

In district Illinois residents should budget an annual total cost of $18,882 to attend Rend Lake College on a full time basis. This fee is comprised of $3,300 for tuition, $8,532 off-campus housing, $1,800 for books and supplies and $750 for other fees.

All price data is sourced from the 2019/2020 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 Rend Lake College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$6,327
Net Price by Income Rend Lake College
Family Income Net Price Paid
$0 to $30,000$4,905
$30,001 to $48,000$5,283
$48,001 to $75,000$7,450
$75,001 to $110,000$6,568
$110,000+$8,161

The average reported annual net price for Rend Lake College for students receiving grants or scholarship aid was $6,327 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

74% of full-time undergrad Rend Lake College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,012 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 0% of students received Federal Student Loans averaging $0 and 5% of undergrads took out private student loans averaging $5,995.

Finanical Aid Rend Lake College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,012 74%
Institutional Grants and Scholarships $2,387 44%
Pell Grants $4,512 47%
Other Federal Grants $798 8%
State and Local Grants $1,614 27%
Federal Student Loans $0 0%
Other Student Loans $5,995 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rend Lake College, we've modeled a ten year student loan with an original principal value of $15,480. The loan balance of $15,480 is a two year multiple of the $7,740 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 $148 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 2.75%.

Example Loan $15,480
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $147.70
Total Interest Paid $2,243.55
Sum of All Loan Payments $17,723.55

Projected 2 Year Degree Price

2 Year Sticker Price
$41,664
Year Illinois Residents Non Residents
1 $20,832 $21,582
2 $21,575 $22,352

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Rend Lake College to be $41,664 - assuming graduation in normal time. The estimation assumes a 3.6% 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 Rend Lake College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $110 $330 $440
Illinois Residents $175 $525 $700
Out of State Residents $200 $600 $800

Estimated cost for a class at Rend Lake 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 Rend Lake College versus other colleges.

Tuition Payment Plans Available

Rend Lake 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=148256 IPEDS survey data for Rend Lake College.