R
Public 2 Year

RACC Tuition & Cost

Reading, Pennsylvania

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How much does it cost to attend?

In District Pennsylvania Resident Sticker Price
$23,240
In District Costs for Reading Area Community College
Fee Cost
Tuition$3,960
Books and Supplies$1,800
Other Fees$1,680
Estimated Off Campus Cost of Living $10,800
Other Expenses Budget$5,000
In State Pennsylvania Resident Sticker Price
$27,200
In State Costs for Reading Area Community College
Fee Cost
Tuition$7,920
Books and Supplies$1,800
Other Fees$1,680
Estimated Off Campus Cost of Living $10,800
Other Expenses Budget$5,000

In district Pennsylvania residents should budget an annual total cost of $23,240 to attend Reading Area Community College on a full time basis. This fee is comprised of $3,960 for tuition, $10,800 off-campus housing, $1,800 for books and supplies and $1,680 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 Reading Area Community College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$9,542
Net Price by Income Reading Area Community College
Family Income Net Price Paid
$0 to $30,000$8,586
$30,001 to $48,000$8,061
$48,001 to $75,000$10,988
$75,001 to $110,000$13,297
$110,000+$13,800

The average reported annual net price for Reading Area Community College for students receiving grants or scholarship aid was $9,542 in 2017/2018. 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

Finanical Aid Reading Area Community College
Type Avg./Student Students Receiving
Annual Total Grant Aid $4,580 91%
Pell Grant $4,306 70%
Federal Student Loan $4,673 40%

The average reported annual net price for Reading Area Community College for students receiving grants or scholarship aid was $9,542 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Reading Area Community College, we've modeled a ten year student loan with an original principal value of $20,344. The loan balance of $20,344 is a two year multiple of the $10,172 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 $211 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 $20,344
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $211.13
Total Interest Paid $4,991.18
Sum of All Loan Payments $25,335.18

Projected 2 Year Degree Price

2 Year Sticker Price
$54,400
Year Pennsylvania Residents Non Residents
1 $27,200 $28,190
2 $29,013 $30,069

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Reading Area Community College to be $54,400 - assuming graduation in normal time. The estimation assumes a 6.7% 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 Reading Area Community College
Price Per Credit 3 Credit Class 4 Credit Class
In District Residents $186 $558 $744
Pennsylvania Residents $320 $960 $1,280
Out of State Residents $353 $1,059 $1,412

Estimated cost for a class at Reading Area 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 Reading Area Community College versus other colleges.

Tuition Payment Plans Available

Reading Area 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=215585 IPEDS survey data for Reading Area Community College.