R
Holly Springs, Mississippi

Rust College Tuition & Cost

How much does it cost to attend?

Sticker Price
$16,500
Costs for Rust College
Fee Cost
Tuition$9,700
Books and Supplies$250
Other Fees$0
Room and Board $4,300
Other Expenses Budget$2,250

Annual Prices

The annual list price to attend Rust College on a full time basis for 2017/2018 is $16,500 for all students regardless of their residency. This fee is comprised of $9,700 for tuition, $4,300 room and board, $250 for books and supplies and $0 for other fees. Out of state tuition for Rust College is $9,700, the same as Mississippi residents.

All price data is sourced from the 2017/2018 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 Rust College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$9,358
Net Price by Income Rust College
Family Income Net Price Paid
$0 to $30,000$9,501
$30,001 to $48,000$9,699
$48,001 to $75,000$13,339
$75,001 to $110,000n/a
$110,000+n/a

The average reported annual net price for Rust College for students receiving grants or scholarship aid was $9,358 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Rust College
Type Avg./Student Students Receiving
Annual Total Grant Aid $6,745 92%
Pell Grant $5,572 86%
Federal Student Loan $7,035 86%

The average reported annual net price for Rust College for students receiving grants or scholarship aid was $9,358 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rust College, we've modeled a ten year student loan with an original principal value of $27,232. The loan balance of $27,232 is a four year multiple of the $6,808 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 $284 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 4.7%.

Example Loan $27,232
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $284.33
Total Interest Paid $6,887.98
Sum of All Loan Payments $34,119.98

Projected 4 Year Degree Price

4 Year Sticker Price
$66,000
Year All Residents
1 $16,500
2 $17,057
3 $17,632
4 $18,227

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Rust College to be $66,000 - assuming graduation in normal time. The estimation assumes a 3.4% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Rust College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $413 $1,239 $1,652

Estimated cost for a class at Rust 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 Rust College versus other colleges.

Tuition Payment Plans Available

Rust 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=176318 IPEDS survey data for Rust College.