Randolph-Macon College
Ashland, VA, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$26,061
Calculate your net cost
Average Net Price By Family Income
Income
Average Amount
< $30k
$19,930
$30k - $48k
$20,292
$48k - $75k
$22,796
$75k - $110k
$26,742
$110k+
$28,764
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$45,150
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$45,150
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$13,130
Books and Supplies
$1,000
Tuition Payment Plan
Yes
Financial Aid: visit page
Financial Aid Email: [email protected]

Aid & Grants

0
100
83%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
21%
Average Aid Per Year
$30,524
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
21%
Average Federal Grant Aid Per Year
$4,963
Average Institution Grant Aid Per Year
$26,796
Students receiving state aid
80%
Average State Grant Aid Per Year
$3,305
Students receiving federal aid
22%
Average Federal Grant Aid Per Year
$4,963
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$36,055
$30k - $48k
$36,482
$48k - $75k
$33,888
$75k - $110k
$30,632
$110k+
$27,720
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$29,538,304
Total Non-Need-Based Scholarships/Grants
$17,422,039

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
66%
Average Loan Amount Per Year
$8,459
Students receiving federal loans
65%
Average Federal Loans Per Year
$5,480
Average Other Loans Per Year
$16,525
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$21,500
Loan Default Rate
7%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$258

What Students Are Saying

3.50 Average Rating
RMC is a private college so it is expensive, but it is worth every penny. One can make sure they get their monies worth by going to the gym to workout, eating in the dining facility and enjoying the dorm rooms. Freedom is nice in college and at RMC you have this opportunity.
Megan from Stafford, VA
The college makes every attempt possible for every student who wishes to attend. Without having any sort of familial support, Randolph-Macon helped me find ways to pay for the tuition and fees without having to submerge myself in debt. Although the cost is pricey for many families, you get what you pay for with every dollar in education, networking opportunities and socialization.
Tracilyn from Hillsboro, OH
Even with all R-MC has to offer in terms of education and campus life, it is a very expensive school. I ONLY get by on student loans, lots of scholarships, academic awards, and the fact that I make a decent amount of money at my job. However, this school is worth it.
Morris from Gloucester, VA

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