Student budget used to determine Cost of Attendance

The Financial Aid Office compiles standard student budgets, which are used to determine your Cost of Attendance when computing financial need. These budgets include the following expense categories:

  • Tuition & fees: based on full-time enrollment of 12-18 hours per quarter. If the student is enrolled for less than 12 hours, tuition will be assessed on a per-credit-hour basis (you may see the current cost per credit hour here). If the student is enrolled for more than 18 hours, the student will be assessed overload charges at a rate of $384 per hour for each hour that the enrollment exceeds 18. A technology, activity, health, and RHA fee will be included on your student invoice.
  • Room & board: based on amounts charged by campus residence halls and food service. Same figure used for students choosing to live off-campus. Amount adjusted for local students who choose to live at home with parents.
  • Books: Estimated per average student; adjusted for less than full-time enrollment. Books will NOT be billed as part of your student invoice. Students will be required to purchase books and supplies directly from the Rose-Hulman bookstore or by other resources.
  • Miscellaneous (Misc): includes estimated transportation costs and spending money the student is likely to incur during the academic year. This amount will NOT be billed as part of your student invoice.
  • Computer: reflects an annual amount to purchase the required laptop computer (freshman year only).

Applicable budgets are based on the class status achieved at the beginning of an academic year. The number of credit hours for each class status category is as follows:

Credit Hours Completed Class Status
0-44 Freshman
45-94 Sophomore
95-144 Junior
>145 Senior

If a student's class status changes at some point during the academic year and this change results in an increase in the Federal Direct Stafford Loan eligibility level, the student can submit a request for an increase in this award to the Financial Aid Office.