Main Content:
Cost Information
Who do you think contributes the most...financially speaking...to
your college education? Your first response probably wasn’t the state
of Minnesota. Or was it? For every $1 you spend, the state of Minnesota kicks
in more. Not bad. Minnesota really invests in its residents.
RCTC invests big in our students too. The RCTC Foundation has annually awarded around 200 scholarships totalling over $200,000!
Financial Aid
Need more help paying for college? Apply for financial aid. RCTC awards in
excess of $12 million from a variety of financial aid programs 
including
grants, scholarships, work study earnings, and student loans. More than 80%
of RCTC students are eligible for financial aid.
All students who wish to apply for financial aid must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA can be filed in a paper format or via the internet using the FAFSA on the web. Applications are available after January 1. Applying before the first of May gives you the best chance at being considered for funds which are limited.
For further information about financial aid at RCTC or applying for financial aid, click here. You can also contact our Financial Aid Office at 1-800-247-1296 ext. 7271 or 507-285-7271 or TTY 1-800-627-3529.
Cost of Attendance - Selected Minnesota Colleges - 2009 - 2010
| RCTC/ 2- year public | State Universities | University of Minnesota | Four-year Private | |
| Tuition | $4,708* | $6,639** | $11,466** | $29,023** |
* Average
full-time tuition and fees for MN residents as reported by Minnesota State
Colleges and Universities.
** Average annual resident and undergraduate tuition and required fees as
reported by the Minnesota Office of Higher Education.
Source: http://www.ohe.state.mn.us/tPg.cfm?pageID=812&1534-D83A_1933715A=5b0d53eee88ac8fb
FOR
CURRENT RCTC TUTION AND FEE
Add It Up
A college education can really add up. It adds up BIG over a lifetime. Whether
completing a degree or even a few courses. Make a huge impact on your earning
potential. We’re talking hundreds of thousands of dollars. As
follows is a chart with average earnings of year-round full-time workers,
25 years and older, nationwide 2008.
* Source:
U.S. Bureau of Labor Statistics, Current Population Survey.
| EDUCATION | ANNUAL SALARY |
| Less than High School Diploma | $23,556 |
| High School Graduate | $32,136 |
| Associate Degree | $39,364 |
| Bachelor's Degree | $52,624 |
| Master's Degree | $64,116 |
| Doctoral Degree | $81,172 |
Rochester Community and Technical College