Number Received Financial Aid (All Undergraduate)
1,964
Percent Received Financial Aid(All Undergraduate)
68%
Average Aid Amount
$5,030
Number Received Financial Aid (Freshmen)
302
Percent Received Financial Aid (Freshmen)
83%
Financial Aid Information at Ridgewater
For the academic year 2023-2024, a total of 1,964 students (68% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $5,030. For freshmen (Full-time, first-time degree-seeking undergraduate students), 302 students (83% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Ridgewater College is $6,121, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,964 students (68% of all students) have received grants or scholarships and the average received aid amount is $5,030. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Ridgewater College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,964 | 68% | $5,030 |
| Pell Grants | 974 | 34% | $4,129 |
| Federal Student Loans | 796 | 27% | $6,100 |
Beginning Students Financial Aid
a total of 302 beginning students (83% of all freshmen) have received any financial aid and 276 students (76% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Ridgewater College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 302 | 83% | - |
| Grants or Scholarship from All Sources | 232 | 64% | $6,063 |
| Federal Grants | 187 | 52% | $5,164 |
| Pell Grants | 179 | 49% | $4,910 |
| Other Federal Grants | 96 | 26% | $904 |
| State/Local Grants | 217 | 60% | $2,000 |
| Institutional Grants | 3 | 1% | $2,333 |
| Student Loans | 114 | 31% | $5,421 |
| Federal Student Loans | 113 | 31% | $4,873 |
| Other Student Loans | 8 | 2% | $8,417 |
Students Headcount by Living Status
For academic year 2023-2024, total 219 full-time beginning students have enrolled and attended Ridgewater College. Among them, 0 students have lived on campus and 129 students lived off campus (without family). The following table shows the students count by living status and years.
| Living Status | 2021 | 2022 | 2023 |
|---|---|---|---|
| Living On-Campus | 0 | 0 | 0 |
| Living Off-Campus with Family | 95 | 90 | 89 |
| Living Off-Campus without Family | 121 | 121 | 129 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2023-2024 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 227 | 188 | $1,189,571 | $5,240 |
| $0 - $30,000 | 59 | 59 | $459,898 | $7,795 |
| $30,001 - $48,000 | 53 | 52 | $375,164 | $7,079 |
| $48,001 - $75,000 | 54 | 51 | $277,001 | $5,130 |
| $75,001 - $110,000 | 31 | 21 | $70,601 | $2,277 |
| $110,001 or more | 30 | 5 | $6,907 | $230 |
Know about Minnesota Colleges
- Which colleges accept Tuition payment plan in Minnesota?
- How many colleges require the SAT Test Score in Minnesota?
- How much is Typical Board Charge in Minnesota?
- Which colleges offer Two but Less than 4 years certificate program in Minnesota?
- What is the Average SAT Math Score in Minnesota?
- What is the Average SAT Score in Minnesota?
- How many colleges require the high school rank in Minnesota?
- Which colleges grant Credit for military training in Minnesota?
- How many colleges require the Completion of college-preparatory program in Minnesota?
- How much is Average Graduate Tuition & Fees in Minnesota?