Ranken Technical College

In 2003, tuition for full-time Jr. School of Mechanical Trades students was $15,264 a year.

In 2023, tuition increased 2.09%–from $14,952 the previous year. On average, college tuition rises about 3% year.

Remember, the "sticker price" of tuition doesn't tell the full story. Many students pay a lot less than the sticker price after grants, scholarships, and tuition discounts are awarded. Additionally, student loans can make thecost of college feel more doable until you're done with college.

For information on Ranken Technical College's financial aid options for first-year students, check with the school directly.

In-state vs. Out-of-state Tuition at Ranken Technical College

Ranken Technical College is a private, nonprofit institution, which means it has the same tuition for residents of Missouri as it does for residents from other states.

Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for students who are residents of that state.

Choosing a college where you qualify for in-state status can cut the cost of college tuition. Take the time to verify your state's guidelines for how to qualify for in-state residency. Each state has different requirements to qualify as in-state resident. Most states require students to have resided in the state for a certain period of time before qualifying. There may be additional requirements too, depending on where you live.

Explore other Missouri colleges

Is Ranken Technical College's Tuition Different for International Students?

Ranken Technical College has the same tuition for international students as for those from out of state.

Students from outside of the U.S. usually do not qualify for for loans or grants from the U.S. government, but may qualify for private or Ranken Technical College-specific grants, scholarships, and other funding opportunities.

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Ranken Technical College Room, Board, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when planning for college. Let's take a look at what impacts these costs, and what to expect at Ranken Technical College.

Room and Board Costs at Ranken Technical College

Room and board at Ranken Technical College costs $7,750 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat all or some of your meals the Ranken Technical College's on-campus cafeterias and dining facilities.

Meal-plan costs may vary depending on how many meals are included in the plan you choose.

How Much Do Books Cost at Ranken Technical College?

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The actual cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be other costs associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools have ways so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at Ranken Technical College

The cost of getting around in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can drastically impact your transportation budget.

Where are a college is located can impact transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area is sometimes costly, but cities may offer more buses, trains or low-cost flight options to actually get to school. Ranken Technical Collegeis in a city in Missouri.

Other Costs

When creating a budget for college, be sure to leave some room in your budget for the cost of things like movies, takeouts, furniture or appliances for your dorm or housing, and essentials like laundry detergent, toothpaste and toilet paper.

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The Full Cost of Attending Ranken Technical College

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Ranken Technical College.

How Much Does Ranken Technical College Cost?

What will the cost of attending Ranken Technical College be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$15,264
Room and Board	$7,750
Other expenses	$2,525

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$28,939
Off-Campus	$22,434

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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Ranken Technical College Financial Aid

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Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Ranken Technical College financial aid, keep reading, or visit their financial aid website.

Scholarships at Ranken Technical College

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

Net Cost of Ranken Technical College

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Ranken Technical College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Ranken Technical College seem more manageable.

What will attending Ranken Technical College really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Ranken Technical College's net cost calculator on their website.

Ranken Technical College Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does Ranken Technical College Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Ranken Technical College's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Ranken Technical College's endowment, check with the school directly.

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Learn More About Ranken Technical College

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