$4,218

Avg. Federal Grant

$4,896

Avg. Federal Loan

$9,167,759

Total Aid Awarded

Ridgewater College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

66%

Total Aid Amount Average Total Aid Awarded per year.

$9.168M

Financial Aid Official Website

ridgewater.edu/admission-aid/paying-for-college/financial-aid/

Notably, 86% of the students at Ridgewater College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,435,448. At RC, the total percentage of applicants who receive the Federal Grant stands at 51%. Meanwhile, 66% of the applicants receive the Student Grant, while 51% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,740. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 43% of the applicants to Ridgewater College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

50%

Institution Grant Aid

N/A

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$4,218

State Grant Aid

$1,458

Institution Grant Aid

$1,388

Pell Grant

$4,070

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,745

$30,001 - $48,000

$5,805

$48,001 - $75,000

$3,274

$75,001 - $110,000

$766

Over $110,000

N/A

Student Loans for Ridgewater College

Average Loan Amount Average Loan Amount received per year.

$5,145/Year

Students Taking Out Loans

47%

Loan Default Rate

12.6%

Other Colleges In Minnesota


Online Education at Rasmussen College

  • The college has been offering distance education programs for an Associate degree, Bachelor’s degree, Certificates, and Diplomas.

  • It offers both on-campus and online programs in majors such as 

St. Cloud, Minnesota 4 years Private For-Profit

A private university by the name of Carleton College is located in Northfield, Minnesota. Taking into account all the courses offered at Carleton College, the total enrolment stands at 2,115. The school has an academic staff of 235 who teach various courses to the students. At Carleton College, a

Northfield, Minnesota 4 years Private Not-For-Profit

#N/A

Winona, Minnesota 4 years Public

Other Public Colleges


Online Education at GPTC

The goal of distance education and online studies at Georgia Piedmont Technical College is to provide our students with the opportunity to access quality instruction anytime, anywhere. Such access facilitates a barrier-free delivery of ins

Clarkston, Georgia 2 years Public

Great Basin College is a public university located in Elko, Nevada. Taking into account all the courses offered at Great Basin College, the total enrolment stands at 3,852. The school has an academic staff of 226 who teach various courses to the students. Speaking of gender distribution, there are a

Elko, Nevada 4 years Public


Online Education at JMU

  • This option is available for the working professionals and students who possess the required qualifications and want to st

Harrisonburg, Virginia 4 years Public