Avg. Federal Grant


Avg. Federal Loan


Total Aid Awarded

Ringling College of Art and Design Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.


Total Aid Amount Average Total Aid Awarded per year.


Financial Aid Official Website


It is interesting to note that, every year, around 95% of students at RCAD receive some kind of financial aid, while the total amount of assistance/loans provided is $5,587,790. More information regarding the financial assistance schemes can be accessed on RCAD’s official financial aid page at https://www.ringling.edu/financialaid. Notably, a total of 25% of the applicants to Ringling College of Art and Design receive the Federal Grant every year. Meanwhile, 95% of the applicants receive the Student Grant and 93% are awarded the Institution Grant, while 25% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,596, and the same stands at $5,702 for State Grant awardees and $12,232 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,757. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $19,284 on average in a year. The average aid amount stands at $17,212 for an annual family income between $30,001 and $48,000. This amount comes to $14,962 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $12,852. And, for those with a family income of more than $110,000, the amount stands at $10,983. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At RCAD, an estimated number of 47% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Average Aid Awarded

Federal Grant Aid


State Grant Aid


Institution Grant Aid


Pell Grant


Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000


$30,001 - $48,000


$48,001 - $75,000


$75,001 - $110,000


Over $110,000


Student Loans for Ringling College of Art and Design

Average Loan Amount Average Loan Amount received per year.


Students Taking Out Loans


Loan Default Rate


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