R
Public 2 Year

Rainy River Community College Tuition & Cost

International Falls, Minnesota

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How much does it cost to attend?

In State Minnesota Resident Sticker Price
$15,640
In State Costs for Rainy River Community College
Fee Cost
Tuition$4,944
Books and Supplies$800
Other Fees$596
Room and Board $5,600
Other Expenses Budget$3,700
Out of State Resident Sticker Price
$16,875
Out of State Costs for Rainy River Community College
Fee Cost
Tuition$6,179
Books and Supplies$800
Other Fees$596
Room and Board $5,600
Other Expenses Budget$3,700

Residents of Minnesota pay an annual total price of $15,640 to attend Rainy River Community College on a full time basis. This fee is comprised of $4,944 for tuition, $5,600 room and board, $800 for books and supplies and $596 for other fees.

Out of state residents are charged a total cost of $16,875 which is 7.9% higher than Minnesota residents. The tuition charge is $6,179 while room and board is $5,600, books and supplies are $800 and other fees come in at $596.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Rainy River Community College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
$7,862
Net Price by Income Rainy River Community College
Family Income Net Price Paid
$0 to $30,000$9,172
$30,001 to $48,000$5,598
$48,001 to $75,000$8,048
$75,001 to $110,000$13,022
$110,000+n/a

The average reported annual net price for Rainy River Community College for students receiving grants or scholarship aid was $7,862 in 2019/2020. 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

69% of full-time undergrad Rainy River Community 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 $5,282 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 36% of students received Federal Student Loans averaging $4,374 and 2% of undergrads took out private student loans averaging $7,500.

Finanical Aid Rainy River Community College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,282 69%
Institutional Grants and Scholarships $0 0%
Pell Grants $4,712 53%
Other Federal Grants $956 60%
State and Local Grants $2,072 27%
Federal Student Loans $4,374 36%
Other Student Loans $7,500 2%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Rainy River Community College, we've modeled a ten year student loan with an original principal value of $14,628. The loan balance of $14,628 is a two year multiple of the $7,314 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 $140 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 $14,628
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $139.57
Total Interest Paid $2,120.07
Sum of All Loan Payments $16,748.07

Projected 2 Year Degree Price

2 Year Sticker Price
$31,280
Year Minnesota Residents Non Residents
1 $15,640 $16,875
2 $15,782 $17,028

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Rainy River Community College to be $31,280 - assuming graduation in normal time. The estimation assumes a 0.9% 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 Rainy River Community College
Price Per Credit 3 Credit Class 4 Credit Class
Minnesota Residents $165 $495 $660
Out of State Residents $206 $618 $824

Estimated cost for a class at Rainy River 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 Rainy River Community College versus other colleges.

Tuition Payment Plans Available

Rainy River 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=174604 IPEDS survey data for Rainy River Community College.