univstats

Ridgewater Financial Aid

Number Received Financial Aid (All Undergraduate) 2,179
Percent Received Financial Aid(All Undergraduate) 77%
Average Aid Amount $5,836
Number Received Financial Aid (Freshmen) 327
Percent Received Financial Aid (Freshmen) 85%

Financial Aid Information at Ridgewater

For the academic year 2021-2022, a total of 2,179 students (77% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $5,836. For freshmen (Full-time, first-time degree-seeking undergraduate students), 327 students (85% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Ridgewater College is $6,114 for Minnesota residents and $6,109 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 2,179 students (77% of all students) have received grants or scholarships and the average received aid amount is $5,836. 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.
Undergraduate Student Financial Aid at Ridgewater College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,17977%$5,836
Pell Grants1,00435%$3,884
Federal Student Loans82429%$5,984

Beginning Students Financial Aid

a total of 327 beginning students (85% of all freshmen) have received any financial aid and 311 students (81% 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.
Beginning Students (Freshmen) Financial Aid at Ridgewater College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid32785%-
Grants or Scholarship from All Sources28374%$6,935
Federal Grants27571%$5,712
Pell Grants17946%$4,853
Other Federal Grants27271%$2,582
State/Local Grants20252%$1,915
Institutional Grants41%$1,270
Student Loans13234%$5,337
Federal Student Loans13134%$4,944
Other Student Loans62%$9,461

Students Headcount by Living Status

For academic year 2021-2022, total 214 full-time beginning students have enrolled and attended Ridgewater College. Among them, 0 students have lived on campus and 121 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at Ridgewater College
Living Status201920202021
Living On-Campus000
Living Off-Campus with Family1379590
Living Off-Campus without Family156121121

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 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Grants of Scholarship Aid Statistics By Income Level at Ridgewater College
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level239190$1,164,271$4,871
$0 - $30,0007776$559,421$7,265
$30,001 - $48,0004343$289,371$6,730
$48,001 - $75,0004242$239,857$5,711
$75,001 - $110,0004824$65,418$1,363
$110,001 or more295$10,204$352