Cost of Attendance
Ridgewater College provides a diverse range of programs across different fields, offering quality education to students. The cost of education here is quite low compared to the tuition fees charged by different colleges. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Ridgewater College comes to around $5,939, which includes tuition and other expenses as well. While books and supplies cost $1,200, the charges for other expenses stand at $4,550.
Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $5,939. Apart from that, they should also pay an average amount of $1,200 toward books and supplies, $7,720 for room and boarding charges, and $4,550 toward other expenses in a year. Therefore, the estimated cost of attendance for one year at RC is around $19,409, as per the available information.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net price of attending Ridgewater College is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At RC, the average net price is estimated to be around $11,111. The net price for students with an annual family income below $30,000 is reported to be around $9,547. For the individuals who come under the $30,001-$48,000 income category, the net cost is $10,099. Meanwhile, the net price stands at $11,909 for the $48,001-$75,000 income bracket and at $14,711 for an income between $75,001 and $110,000. This amount adds up to $15,652 for students whose annual family income is more than $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Ridgewater College
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $17,174
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
At Ridgewater College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $5,939 in a year. Alongside that, they will likewise need to shell out around $7,720 toward their room and boarding charges. In view of this information, the estimated total cost for undergraduate students at RC adds up to $19,409.
The cost per credit hour – the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend Ridgewater College varies between graduate and undergraduate degrees. The cost per credit hour for the graduate courses at the college sits at $45.
As far as the housing and related charges are concerned, the off-campus housing facilities will cost students $12,270 per year. However, it should be noted that on-campus lodging facilities are not available at the college. The room and boarding charges for the university’s off-campus students come to around $7,720. On the other hand, the charges toward books and supplies come to around $1,200. Apart from these, the other expenses that students should plan for add up to $4,550 for students who live off-campus.
Housing & Other Expenses
Room & Boards
Book & Supplies
Ridgewater College offers 13 online programs
As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the college is estimated to be around $97,739. In contrast, the total expenses for undergraduate students amounted to $11,111 in 2018-2019, $11,782 in 2017-2018, and $11,161 in 2016-2017.
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St. Cloud, Minnesota