Randall University Tuition and Fees: A Comprehensive Guide for Prospective Students

For prospective students considering Randall University, understanding the costs associated with attending this institution is crucial. This article provides a detailed breakdown of tuition fees, financial aid opportunities, work-study programs, and other factors influencing the overall cost of education at Randall University.

Understanding the Cost of Attendance

Knowing what a school costs is Step #1 in managing college costs. The "Cost of Attendance" is the total amount of money the average student has to pay, WITHOUT any financial aid, to attend a particular school. Think of it as a school’s sticker price.

The projected sticker price for Randall University is $31,435. This figure encompasses tuition, fees, room and board, books, and supplies. However, the actual cost for individual students can vary significantly based on financial aid and other factors.

Tuition and Fees

The tuition and fees at Randall University amount to 16,190 USD, placing it in the bottom 15% of colleges and universities in terms of affordability. In addition to tuition, students will need to budget for books and supplies, which are estimated to cost 1,110 USD, placing this expense in the bottom 45% of institutions.

Room and Board

A significant factor to consider when evaluating the cost of attending Randall University is the room and board charges. The university provides on-campus housing, with a total dormitory capacity of 132 students. First-time degree-seeking students are required to live on campus, and the room and board charges amount to 8,192 USD, which is also in the bottom 15% of colleges and universities. The average yearly cost of room and board at Randall University was of $9,045 in 2023. The cost of room and board increased by 2.73% between 2022 and 2023.

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Comparison to National Averages

To put these costs into perspective, it is helpful to compare them to the average total annual costs of studying in the United States. Attending a public two-year college typically costs 15,862 USD, while in-state students at a four-year public college can expect to pay around 25,707 USD. Out-of-state students at a four-year public college face an average cost of 44,014 USD, and private non-profit four-year colleges have an average annual cost of 54,501 USD.

In summary, the total cost of studying for a year at Randall University, including tuition, fees, books, supplies, and room and board, is significantly lower than the average costs of attending a four-year public or private college in the United States.

Net Price: What You'll Actually Pay

The Cost of Attendance listed above might be intimidating. The Net Price is the total cost minus the total aid given. In other words, this is the price you have to pay to the school out of pocket. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. Use the college’s Net Price calculator for the most accurate estimate of your net price. The projected average net price for This year at Randall University, we project that on average students will pay $18,838, while the advertised price of attendance is $31,435. That’s a difference of $12,597.

Financial Aid and Benefits

Randall University offers financial aid in the form of grants to its students, with a significant 84% of them receiving some form of assistance. This places the university in the top 40% when it comes to the percentage of students benefiting from financial aid. However, it is important to note that the average amount of financial aid received by students at Randall University is relatively low compared to other institutions.

Grants and Scholarships

We’re focusing on grants and scholarships first because they’re the most important forms of financial aid. Grants and scholarships are better than loans because students don’t ever have to pay them back. Although it’s useful to know how many students get grant aid, it’s also important to know how much grant aid people tend to receive. Altogether, this is mixed news - at Randall University, MORE students get aid, but the ones who do get LESS than average. The grant dollar amounts we’ve seen so far have included aid from all sources - both federal and institutional. To figure out how strong Randall University’s own financial aid program is, we’ll look at how they award their own (non-federal) financial aid dollars. Because more Randall University students get institutional aid, it likely offers relatively competitive financial aid. The amount of money that students actually get is just as important (if not more important) than the percent of students who get grants. Right away, it seems like Randall University offers less institutional aid than other schools. Second, this can also mean that the school just costs less than the typical school of its type.

Student Loans

Aside from grants, the other major way to pay for college is with student loans. The more student loan money you borrow, the more debt you’ll end up with after graduation. Ideally, you want to minimize your student debt as much as possible. It’s generally a bad sign if a school has many students taking out a lot of loans.

In terms of student indebtedness, Randall University ranks in the bottom 50%, with 41% of its students receiving financial aid through loans. High numbers of students with loans is a red flag, and Randall University is above average.

At Randall University, 67% of all students take out federal loans. At Randall University, the average annual federal loan amount is $6924. At Randall University, 2% of students take out private loans. The average private loan amount at Randall University is $6000. The percentage of students getting federal loans is greater than those getting private loans, which is a good sign.

Military Benefits

For those with military affiliations, Randall University provides military benefits to both graduate and undergraduate students. The average amount of these benefits is 13786 USD for both levels of study. While this places the university in the top 35% for graduate military benefits, it falls in the bottom 50% for undergraduate military benefits.

Expected Family Contribution (EFC)

Once again, the Net Price is the total cost of attending, minus the aid you can expect to get (grants and scholarships). The US government has come up with a standardized way to calculate how much a typical family can afford to pay without help. As an example, a family that brings home $80,000 in income before taxes, with no assets and no other children in college, has an EFC of around $7,000. Colleges use this number as a guideline to decide how much aid to give you, but it's just a guideline. So we're going to calculate your EFC and compare it to Randall University's Net Price. If the Net Price is higher than the EFC, the school will cost more than you can typically afford.

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Work-Study Opportunities

Randall University provides a diverse range of work-study, internship, and on-campus employment opportunities for its students.

CampusReel

One such platform is CampusReel, which offers flexible work options for current students. The pay for these positions varies depending on the role, with some students earning hundreds of dollars every semester, while others work on a volunteer basis, gaining valuable resume experience and other perks.

On-Campus Employment

On-campus employment is also available at Randall University, with the institution encouraging students to take advantage of these opportunities. This allows students to conveniently earn money and gain valuable work experience simultaneously. The pay for on-campus positions depends on the role and the number of hours worked.

Internships

Internships are another option for students at Randall University, particularly for those enrolled in the Sports Management program. These internships enable students to apply the knowledge acquired in their classes, expand their portfolios, network with sport managers, and establish themselves as practicing sport managers. The Sports Management program at Randall University focuses on professional selling, sports facility management, sports fundraising and sponsorships, and planning/operating sport and recreation facilities or events.

International Student Work-Study

International students at Randall University can also benefit from work-study opportunities. These positions allow international students to earn money while gaining valuable work experience. The university offers a variety of work-study roles, with pay varying based on the role and the number of hours worked.

Value and Affordability

As a regional school, Randall University may not be a household name nationwide, but it's known to people in the local area as a solid school. Compared to some other regional schools, Randall University didn't appear on our best value lists. This might be because the net price is higher than for other schools of similar reputation. This isn't the end of the world - you can likely still afford Randall University by taking out loans, earning scholarships, or working part-time. Overall, Randall University is a decent value, and going to college here will likely pay off over time.

Prices at Randall University over time for $10K$20K$30K14-1516-1718-1920-2122-2324-25$31,435sticker price$18,838net priceUpper net price estimationProjected net priceLower net price estimationYearNet in-state price at Randall UniversityIn-state sticker price at Randall University25-26$18,838$31,43524-25$18,506$30,88223-24$18,181$30,33822-23$17,827$29,74821-22$20,952$29,78820-21$17,614$29,57319-20$18,278$28,94618-19$17,261$27,65617-18$16,873$25,95416-17$15,597$24,98215-16$18,565$26,30414-15$14,840$25,69413-14$16,132$24,954How much a student actually pays usually depends, at least in part, on their family's household income. At Randall University this year, we project students with incomes over $110K will pay around $23,388, while students with incomes between $30K and $48K will pay around $11,667. That's a difference of $11,721.

Net price by income bracket, 25-26 school year$15,718$11,667$15,585$20,772$23,388<$30K$30K-$48K$48K-$75K$75K-$110K>$110KIncome bracketProjected net price at Randall University<$30K$15,718$30K-$48K$11,667$48K-$75K$15,585$75K-$110K$20,772>$110K$23,388

Academic Success and Graduation Rates

A school’s graduation rate can indicate how likely a student is to complete their degree. At Randall University, over the last five years 28% of students earned their bachelor’s degree within six years of enrolling.

Nat’l averageStudents from different demographic backgrounds often graduate at different rates, so it can be helpful to look beyond the overall graduation rate. This chart shows how students of different races and ethnicities fare earning their degrees at Randall University.American Indian/Alaska NativeAsianBlackHispanicNative Hawaiian/Pacific IslanderWhiteMultiple racesUnknown raceNat’l avg.45%50%11%31%27%17%50%Demographic categoryGraduation rate at Randall UniversityNational averageAmerican Indian/Alaska Native45%31%Asian50%45%Black11%34%Hispanic31%41%Native Hawaiian/Pacific Islander28%White27%50%Multiple races17%37%Unknown race50%37%Student RetentionStudent retention, or how often students return to continue their degree after completing their first year, is another helpful indicator. Over the last five years, at Randall University, about 61% of full-time students returned the following fall to continue their degree.Full-time studentsNat’l average: 64%Part-time studentsNat’l average: 32%

Student Demographics

The size and demographic makeup of a school’s student body can have a large impact on a student’s experience. Add Comparison2023 Undergraduate Tuition$12,0603.52% growth from 20222023 Average Net Price$17,827After Financial Aid2021 Default Rate0%on Student Loans2023 Acceptance Rate44.8%183 Applicants2023 Enrolled Students29781.1% Full-Time2023 Graduation Rate16.9%11 Graduates

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