R
Private 4 Year

RMC Tuition & Cost

Billings, Montana

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How much does it cost to attend?

Sticker Price
$42,574
Costs for Rocky Mountain College
Fee Cost
Tuition$28,962
Books and Supplies$1,300
Other Fees$590
Room and Board $8,452
Other Expenses Budget$3,270

Annual Prices

The annual list price to attend Rocky Mountain College on a full time basis for 2018/2019 is $42,574 for all students regardless of their residency. This fee is comprised of $28,962 for tuition, $8,452 room and board, $1,300 for books and supplies and $590 for other fees. Out of state tuition for Rocky Mountain College is $28,962, the same as Montana residents.

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 Rocky Mountain College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$18,999
Net Price by Income Rocky Mountain College
Family Income Net Price Paid
$0 to $30,000$16,334
$30,001 to $48,000$15,758
$48,001 to $75,000$17,151
$75,001 to $110,000$19,007
$110,000+$22,099

The average reported annual net price for Rocky Mountain College for students receiving grants or scholarship aid was $18,999 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

100% of full-time undergrad Rocky Mountain 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 $20,787 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 71% of students received Federal Student Loans averaging $5,296 and 7% of undergrads took out private student loans averaging $16,356.

Finanical Aid Rocky Mountain College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $20,787 100%
Institutional Grants and Scholarships $19,100 100%
Pell Grants $4,652 33%
Other Federal Grants $778 22%
State and Local Grants $0 0%
Federal Student Loans $5,296 71%
Other Student Loans $16,356 7%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rocky Mountain College, we've modeled a ten year student loan with an original principal value of $71,036. The loan balance of $71,036 is a four year multiple of the $17,759 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 $678 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 $71,036
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $677.76
Total Interest Paid $10,295.42
Sum of All Loan Payments $81,331.42

Projected 4 Year Degree Price

4 Year Sticker Price
$170,296
Year All Residents
1 $42,574
2 $44,317
3 $46,132
4 $48,021

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Rocky Mountain College to be $170,296 - assuming graduation in normal time. The estimation assumes a 4.1% 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 Rocky Mountain College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,207 $3,621 $4,828

Estimated cost for a class at Rocky Mountain 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 Rocky Mountain College versus other colleges.

Tuition Payment Plans Available

Rocky Mountain 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=180595 IPEDS survey data for Rocky Mountain College.