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Saturday, September 21, 2024

Cost of college went up for all students at Ridgewater College

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Tuition and fees rose 0.1 percent for 2018-19 at Ridgewater College, according to recent data from the U.S. Department of Education.

Minnesota students paid $5,765 to attend the two-year public institution this year – $6 more than the $5,759 charged for 2017-18.

Data shows 85 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 332 students received grants or scholarships totaling $1.6 million and 252 students took out student loans totaling more than $1.3 million.

Including all undergraduates (3,298), 2,235 students used grants or scholarships totaling $9.2 million, and 1,229 students took out $7.1 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~3,100$5,406$5,370$5,759$5,7656.6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Ridgewater College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants27451%$1,155,641$4,218
State / local grant or scholarship27250%$396,704$1,458
Institutional grants or scholarships-0%--
Grant or scholarship aid total33261%$1,553,733$4,680
Federal student loans25046%$1,224,056$4,896
Other student loans102%$72,398$7,240
Student loan aid25247%$1,296,454$5,145
Total student aid46185%--

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