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Rhodes College Tuition & Cost

Memphis, Tennessee

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How much does it cost to attend?

Sticker Price
$64,573
Costs for Rhodes College
Fee Cost
Tuition$48,888
Books and Supplies$1,125
Other Fees$310
Room and Board $11,631
Other Expenses Budget$2,619

Annual Prices

The annual list price to attend Rhodes College on a full time basis for 2018/2019 is $64,573 for all students regardless of their residency. This fee is comprised of $48,888 for tuition, $11,631 room and board, $1,125 for books and supplies and $310 for other fees. Out of state tuition for Rhodes College is $48,888, the same as Tennessee 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 Rhodes College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$30,632
Net Price by Income Rhodes College
Family Income Net Price Paid
$0 to $30,000$16,870
$30,001 to $48,000$16,061
$48,001 to $75,000$20,749
$75,001 to $110,000$26,626
$110,000+$33,644

The average reported annual net price for Rhodes College for students receiving grants or scholarship aid was $30,632 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Costs for Similar Colleges

Financial Aid

95% of full-time undergrad Rhodes 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 $32,069 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 41% of students received Federal Student Loans averaging $5,158 and 2% of undergrads took out private student loans averaging $18,481.

Finanical Aid Rhodes College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $32,069 95%
Institutional Grants and Scholarships $30,345 93%
Pell Grants $4,885 13%
Other Federal Grants $1,496 13%
State and Local Grants $4,671 27%
Federal Student Loans $5,158 41%
Other Student Loans $18,481 2%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rhodes College, we've modeled a ten year student loan with an original principal value of $102,160. The loan balance of $102,160 is a four year multiple of the $25,540 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 $975 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 $102,160
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $974.72
Total Interest Paid $14,806.29
Sum of All Loan Payments $116,966.29

Projected 4 Year Degree Price

4 Year Sticker Price
$258,292
Year All Residents
1 $64,573
2 $66,960
3 $69,435
4 $72,002

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Rhodes College to be $258,292 - assuming graduation in normal time. The estimation assumes a 3.7% 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 Rhodes College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $2,045 $6,135 $8,180

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

Tuition Payment Plans Available

Rhodes 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=221351 IPEDS survey data for Rhodes College.