RMWC's tuition & fees has increased from $34,110 (2014) to $29,010 (2024), and the rate of tuition increase is 14.95% over the past 10 years. The graduate school tuition & fees has raised from $12,200 (year 2014) to $17,310 (year 2024).
RMWC's tuition increase rate is lower than the Virginia's average increase rate of 27.81%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by -5.89% from 2014 ($47,860).
For the current academic year 2023-2024, RMWC's COA is $45,040, which is increased by 3.01% from last year.
The following table and chart show changes to RMWC's COA over the past 10 years.
Off-campus living costs are not available.
Tuition & Fees Changes
The tuition & fees have decreased 14.95% for the last 10 years , and the 2024 tuition & fees are $29,010. The following table and chart show the tuition & fees changes at Randolph College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,240, and it has increased 24.00% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,000 | - |
|---|
| 2015-16 | $1,000 | |
|---|
| 2016-17 | $1,100 | 10.00% |
|---|
| 2017-18 | $1,100 | |
|---|
| 2018-19 | $1,230 | 11.82% |
|---|
| 2019-20 | $1,230 | |
|---|
| 2020-21 | $1,280 | 4.07% |
|---|
| 2021-22 | $1,280 | |
|---|
| 2022-23 | $1,280 | |
|---|
| 2023-24 | $1,240 | -3.13% |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 1.65% when a student lives on-campus facilities from the year 2014 to 2024. The following table shows the changes in living costs at Randolph College.
| Year | Living On Campus | Change by Year |
|---|
| 2014-15 | $12,750 | - |
|---|
| 2015-16 | $13,506 | 5.93% |
|---|
| 2016-17 | $14,480 | 7.21% |
|---|
| 2017-18 | $14,970 | 3.38% |
|---|
| 2018-19 | $16,300 | 8.88% |
|---|
| 2019-20 | $16,519 | 1.34% |
|---|
| 2020-21 | $14,082 | -14.75% |
|---|
| 2021-22 | $14,082 | |
|---|
| 2022-23 | $14,512 | 3.05% |
|---|
| 2023-24 | $14,790 | 1.92% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Randolph College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Randolph College | $29,010 | $27,930 | 3.87% |
|---|
|
| Liberty University | $15,822 | $16,203 | -2.35% |
|---|
|
| Regent University | $20,686 | $19,680 | 5.11% |
|---|
|
| Shenandoah University | $36,028 | $35,170 | 2.44% |
|---|
|
| University of Richmond | $62,600 | $60,330 | 3.76% |
|---|
|
| Marymount University | $38,250 | $36,800 | 3.94% |
|---|
|