Understanding Russell Sage College Tuition and Costs

Choosing a college is a significant investment, and understanding the costs associated with tuition, fees, and financial aid is crucial. This article provides a comprehensive overview of the tuition, fees, and financial aid options available at Russell Sage College.

The Cost of Attendance

Tuition

The median undergraduate tuition at Russell Sage College is $35,206, which is $10,631 more than the national average for Masters Colleges and Universities ($24,575). In 2023, the cost of tuition at Russell Sage College was $35,206. The cost of tuition at Russell Sage College is $10,631 more than than the overall (public and private) national average for Masters Colleges and Universities ($24,575).

Net Price

In 2023 Russell Sage College had an average net price - the price paid after factoring in grants and loans - of $23,588. Between 2022 and 2023, the average net price of Russell Sage College grew by 5.04%. Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Expenses

The average yearly cost of room and board at Russell Sage College was of $10,872 in 2023. The cost of room and board increased by 1.12% between 2022 and 2023. During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

Fees differ by institution and may fund library services, student gym facilities, student centers, technology resources and campus health centers. At Russell Sage College, the total cost is $55,987.

Financial Aid

Availability

98% of undergraduate students at Russell Sage College received financial aid through grants or loans in 2023. This represents a decline of 1.01% with respect to 2022, when 99% of undergraduate students received financial aid.

Types of Aid

Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA.

Grants: In 2023, 98% of undergraduate students attending Russell Sage College received financial aid through grants.
Loans: Comparatively, 93% of undergraduate students received financial aid through loans.
Scholarships: Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation.

Financial Aid Statistics

Average Aid Packages Awarded: $23,643
Need-Based Scholarship or Grant Award: $25,452
Need-Based Loan Amount: $4,078

The average need-based scholarship or grant awarded to first-year students at Russell Sage College was $29,494. Additionally, 87% of first-year students received need-based financial aid in fall 2023. The average non-need-based scholarship or grant awarded to first-year students at Russell Sage College - excluding any athletic scholarships, if applicable - was $4,702.

Work-Study Programs

Russell Sage College offers various work-study options for students seeking part-time employment while pursuing their education. On-campus jobs provide practical experience and a chance to engage with the college community. The college facilitates internships that help bridge academic learning with professional development, allowing students to gain valuable industry experience during their studies. Work-study programs at Russell Sage College are available to eligible students, including those who qualify through federal and institutional aid criteria. International students at Russell Sage College are also eligible to participate in work-study programs, subject to federal regulations and college policies.

Default Rate

In 2022 the default rate for borrower's at Russell Sage College was 0%, corresponding to 0 out of the 713 total borrowers.

Read also: A Guide to Russell Sage College

Admissions and Enrollment

Acceptance Rate

In 2023, the undergraduate acceptance rate of Russell Sage College was 76.2% (1,261 admissions from 1,655 applications). This is higher than the acceptance rate of 2022, which was 73.6%. Between 2022 and 2023, the number of applicants declined by 4.72%, while admissions declined by 1.41%.

Enrollment

Russell Sage College had a total enrollment of 2,064 students in 2023. The full-time enrollment at Russell Sage College is 1,437 students and the part-time enrollment is 627. This means that 69.6% of students enrolled at Russell Sage College are enrolled full-time.

The enrolled student population at Russell Sage College, both undergraduate and graduate, is 61.8% White, 11.5% Black or African American, 10.7% Hispanic or Latino, 4.8% Asian, 2.96% Two or More Races, 0.63% American Indian or Alaska Native, and 0.145% Native Hawaiian or Other Pacific Islanders.

Graduation and Completion

Graduation Rate

The student demographic with the highest graduation rate in 2023 at Russell Sage College is Male and Hispanic or Latino (100% graduation rate).

Time to Complete

In 2023, 52% of students graduating from Russell Sage College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 63% within 200%.

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Student Loan Debt

At Russell Sage College, the median federal loan debt among borrowers who completed their undergraduate degree is $22,000. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $233.

Average Total Indebtedness of 2024 Graduating Class: $24,571

Academic Programs and Outcomes

Degrees Awarded

In 2023, 688 degrees were awarded across all undergraduate and graduate programs at Russell Sage College. 82.6% of these degrees were awarded to women, and 17.4% awarded men. The most common race/ethnicity group of degree recipients was white (419 degrees), 5.66 times more than then the next closest race/ethnicity group, black or african american (74 degrees).

In 2023, the most specialized majors across all degree types at Russell Sage College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Psychology (149 degrees awarded), Interdisciplinary Studies (53 degrees), and Health (289 degrees).

Common Jobs and Industries for Graduates

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Russell Sage College are Elementary & middle school teachers (1,705,599 people), Registered nurses (1,590,058 people), Secondary school teachers (570,704 people), Other managers (351,720 people), and Education administrators (343,255 people).

The most common industries for people who hold a degree in one of the 5 most specialized majors at Russell Sage College are Elementary & secondary schools (3,427,884 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,927,394 people), uninformed (835,435 people), Colleges, universities & professional schools, including junior colleges (643,962 people), and Outpatient care centers (503,611 people).

Operations and Endowment

Russell Sage College has an endowment valued at nearly $44.4M, as of the end of the 2023 fiscal year. The return on its endowment was of 3.24M (7.3%) compared to the 5.72% average return (2.84M on 49.7M) across all Masters Colleges and Universities. In 2023, Russell Sage College had a total salary expenditure of 47.7M.

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