Cost Details
- In-State Tuition
- $6,109
- Out-of-State Tuition
- $6,109
- Average Net Price
- $10,955
- Students Receiving Financial Aid
- 33.5%
- Room & Board (Off Campus)
- $7,720
- Books & Supplies
- $1,200
- Median Debt at Graduation
- $12,000
- Estimated Monthly Loan Payment
- $127/mo
- Loan Repayment Rate
- 58.4%
- Students Taking Federal Loans
- 27.4%
- Pell Grant Recipients
- 33.5%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $8,400 |
| $30,001 – $48,000 | $9,116 |
| $48,001 – $75,000 | $11,065 |
| $75,001 – $110,000 | $13,918 |
| $110,001+ | $15,965 |
Cost Estimator
Cost Overview
Families earning under $30,000 pay about $8,400 per year at Ridgewater, while those making over $110,000 pay $15,965. That's a two-year total ranging from $16,800 to $31,930 depending on family income. The college charges the same $6,109 tuition whether you're from Minnesota or anywhere else, which makes it a rare deal for out-of-state students at community colleges.
Most graduates leave with $12,000 in debt, creating monthly payments of $127. Since the median earnings hit $41,202 right after graduation, that loan payment takes up about 3.7% of gross income. Only 27% of students even need federal loans, and just 34% get financial aid at all. The best deal goes to out-of-state students who want technical training without the usual residency penalty, plus Minnesota families who qualify for the lowest net price tier.
Most graduates leave with $12,000 in debt, creating monthly payments of $127. Since the median earnings hit $41,202 right after graduation, that loan payment takes up about 3.7% of gross income. Only 27% of students even need federal loans, and just 34% get financial aid at all. The best deal goes to out-of-state students who want technical training without the usual residency penalty, plus Minnesota families who qualify for the lowest net price tier.
Official Net Price Calculator
Get a personalized cost estimate from Ridgewater College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.