Ranken Technical's tuition & fees has increased from $14,457 (2014) to $17,490 (2024), and the rate of tuition increase is 20.98% over the past 10 years.
Ranken Technical's tuition increase rate is higher than the Missouri's average increase rate of 17.54%. 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 38.59% from 2014 ($25,239).
For the current academic year 2023-2024, Ranken Technical's COA is $34,978, which is increased by 5.55% from last year.
The following table and chart show changes to Ranken Technical's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 20.98% for the last 10 years , and the 2024 tuition & fees are $17,490. The following table and chart show the tuition & fees changes at Ranken Technical College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $2,500, and it has decreased -28.57% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $3,500 | - |
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| 2015-16 | $3,500 | |
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| 2016-17 | $3,500 | |
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| 2017-18 | $3,500 | |
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| 2018-19 | $3,500 | |
|---|
| 2019-20 | $2,500 | -28.57% |
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| 2020-21 | $2,500 | |
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| 2021-22 | $2,500 | |
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| 2022-23 | $2,500 | |
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| 2023-24 | $2,500 | |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 33.08% when a student lives on-campus facilities and 23.96% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Ranken Technical College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $7,282 | $10,800 | - |
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| 2015-16 | $7,282 | $10,800 | |
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| 2016-17 | $7,282 | $10,800 | |
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| 2017-18 | $7,282 | $10,800 | |
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| 2018-19 | $7,282 | $10,800 | |
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| 2019-20 | $7,200 | $10,800 | -1.13% |
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| 2020-21 | $7,900 | $10,800 | 9.72% |
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| 2021-22 | $10,275 | $15,400 | 30.06% |
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| 2022-23 | $13,680 | $20,400 | 33.14% |
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| 2023-24 | $14,988 | $22,374 | 9.56% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Ranken Technical College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Ranken Technical College | $17,490 | $16,960 | 3.13% |
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| Washington University in St Louis | $62,982 | $60,590 | 3.95% |
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|
| Saint Louis University | $53,244 | $50,644 | 5.13% |
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|
| Maryville University of Saint Louis | $27,166 | $27,166 | - |
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|
| Park University | $12,808 | $9,702 | 32.01% |
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| Lindenwood University | $21,100 | $19,300 | 9.33% |
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