Tuition & Expenses
When considering college costs, it’s important to note that no student pays the full cost of a Rhodes education. The amount the college incurs to educate a student is about $43,000, yet tuition is $30,342.
In fact, when you look at the median institutional gift aid awarded students—$11,500—the net cost of a Rhodes education decreases to $18,842. In other words, the net price of a Rhodes education is about $24,150 (about 56%) less than the full cost of educating a student.
How can this be? Rhodes' endowment, made up of gifts from alumni, friends of the college, and foundations, supplements tuition and room-and-board fees paid by students to make up the difference.
| Semester | Year | ||
| Tuition | $16,068 | $32,136 | |
| Activity Fee | $155 | $310 | |
| Room & Board | |||
| Room Type | Meals Per Week | ||
| Standard Multiple | 15 | $3,774 | $7,548 |
| Standard Single | 15 | $4,000 | $8,000 |
| Standard Multiple | 21 | $3,921 | $7,842 |
| Standard Single | 21 | $4,146 | $8,292 |
| East Village Multiple | 7 | $4,293 | $8,586 |
| East Village Single | 7 | $4,509 | $9,018 |
| East Village Multiple | 15 | $4,687 | $9,374 |
| East Village Single | 15 | $4,904 | $9,808 |
| East Village Multiple | 21 | $4,833 | $9,666 |
| East Village Single | 21 | $5,050 | $10,100 |
| Commuter | 5 | $567 | $1,134 |
| Commuter | 7 | $761 | $1,522 |
| Commuter | 15 | $1,442 | $2,884 |
| Commuter | 21 | $1,837 | $3,674 |
The regular college plan provides for payment of tuition, room and board in two installments. The payment for the Fall Semester is due August 9th, and the payment for the Spring Semester is due November 22nd. Students are billed less deposits already made.
If monthly payments are preferred by parents and/or guardians, Rhodes allows such payments through one agency: Key Education Resources (1-800-KEY-LEND). Information on the various plans offered by Key will be mailed to all parents well before the first payment is due. If a monthly plan is chosen, arrangements should be made prior to the date the first payment is due. The College has made arrangements with A.W.G. Dewar, Inc. to offer a tuition refund plan to Rhodes parents that will provide a refund in case of illness or accident causing the student to withdraw before the semester is completed. Information concerning the tuition refund plan will be mailed along with the first tuition bill in July that details the protection provided and cost of this coverage.
