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How Affordable Is Randolph-Macon College?

This overview lays out the cost of attending Randolph-Macon College, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.

$61,174.00 Cost of Attendance
$27,866.00 Avg Net Price
$22,500.00 Median Grad Debt

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What You Will Pay to Attend Randolph-Macon College?

The total published cost of attendance at Randolph-Macon College stands at about $61,174.00 per year.

Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.

Sticker Cost for Students (no aid)

Tuition and fees $49,466.00
+ Room, board & other expenses $11,708.00
Total cost $61,174.00
That is 87% above the national average net price.

What Students Actually Pay — Students (with average aid)

Total cost $61,174.00
− Grants and scholarships −$36,119.00
Net price $25,055.00
That is 24% below the national average net price.

Average Net Price for Low-Income Undergraduates

Total cost $61,174.00
− Grants and scholarships −$47,384.00
Net price $13,790.00
That is 58% below the national average net price.
Explore each piece on tuition and fees plus living costs.

The Long-Run Cost of a Degree at Randolph-Macon College

Published costs have climbed year over year by around 3.1% a year, so a full degree will cost more than a single year — the tables below carry that forward. These tables carry the cost across a degree for three cases: low-income w/ aid, average aid, and no aid. The repayment figures use a ten-year loan at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.1% 3.1% 3.1%
Freshman year $14,216.00 $25,829.00 $63,064.00
Senior year $15,575.00 $28,298.00 $69,093.00
Total 4-year net price $59,555.00 $108,205.00 $264,193.00
10-year loan interest @ 6.8% $22,688.00 $41,222.00 $100,648.00
Total monthly payment $685.00 $1,245.00 $3,040.00
Total amount paid $82,243.00 $149,427.00 $364,840.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.1% 3.1% 3.1%
Freshman year $14,216.00 $25,829.00 $63,064.00
Senior year $14,655.00 $26,627.00 $65,013.00
Total 2-year net price $28,872.00 $52,457.00 $128,077.00
10-year loan interest @ 6.8% $10,999.00 $19,984.00 $48,793.00
Total monthly payment $332.00 $604.00 $1,474.00
Total amount paid $39,871.00 $72,441.00 $176,870.00

For the complete net-price picture, see the net price section below.

What Families Actually Pay at Randolph-Macon College

The net price is the real out-of-pocket cost — what families pay after grant and scholarship aid is applied. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.

Average net price (on-campus) $27,866.00
Average net price (off-campus) $27,759.00

What families actually pay shifts with income, since need-based grants are larger for lower-income students. Below, average net price is broken out by family income:

Family income Average net price
Under $30,000 $20,959.00
$30,000 to $48,000 $24,278.00
$48,001 to $75,000 $28,921.00
$75,001 to $110,000 $28,916.00
Over $110,000 $29,417.00

Use Randolph-Macon College Net Price Calculator, or contact the financial aid office.

Dig into how aid is awarded on the financial aid page.

Student Debt at Randolph-Macon College

The median amount borrowed by graduates of Randolph-Macon College amounts to $22,500.00, landing it in the Moderate ($20-30k) debt-load classification.

The percentile spread of debt at graduation is shown below:

Percentile Debt at graduation
10th $5,500.00
25th $11,250.00
Median (50th) $22,500.00
75th $27,000.00
90th $33,000.00

The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.

Dig deeper into debt on the student loan debt page.

How Income Shapes Debt at Randolph-Macon College

Median debt at graduation differs meaningfully across income brackets. Below the data splits borrowers across three income groups:

Family income Median debt at graduation
Low income $24,270.00
Middle income $23,500.00
High income $20,750.00

Graduates from lower-income families carry $3,520.00 more debt than high-income graduates.

Debt by First-Generation Status at Randolph-Macon College

First-generation students frequently graduate with different debt than continuing-generation students.

Student group Median debt at graduation
First-generation students $23,976.00
Continuing-generation students $19,500.00

First-gen students at Randolph-Macon College take on $4,476.00 more than continuing-generation graduates.

Debt by Pell Status at Randolph-Macon College

Pell Grants are the federal government’s primary need-based undergraduate aid program. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.

The median debt difference between Pell-eligible and non-Pell graduates of Randolph-Macon College is $6,500.00. Federal data flags this school for Pell-related debt inequity.

Default and Repayment Outcomes at Randolph-Macon College

The Department of Education default-rate tier for Randolph-Macon College is Low (<5%).

Window Cohort default rate
2-year 6.5%

For a sense of scale, Stafford disbursements at Randolph-Macon College total $76,465,928.00 across 4,627 recipients.

Veteran Education Benefits at Randolph-Macon College

Veterans and active-duty servicemembers can tap dedicated federal aid programs including the GI Bill and Tuition Assistance from the Department of Defense.

GI Bill recipients 29
Avg GI Bill amount $25,814.00

Explore GI Bill and military aid in detail on the college veterans page.

Things to Think About

Numbers only tell part of the story. As you weigh Randolph-Macon College, think through the questions below:

Continue Your Research regarding Randolph-Macon College

Dig further into the cost picture with the related pages below:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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