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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Ridgewater College since 2011.
For that period, the average number of students who received grants aid/scholarships is 2,307, which is 65.82 % of all undergraduate students. 1,444 students which is 40.00% of undergraduate students received federal student loans and the average loan amount is $5,728.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-122,503 (60%)$3,8951,781 (43%)$3,5232,185 (53%)$5,696
2012-132,432 (60%)$4,1041,727 (42%)$3,5572,054 (50%)$5,715
2013-142,364 (63%)$3,9751,604 (43%)$3,5371,884 (50%)$5,571
2014-152,263 (60%)$4,0091,493 (40%)$3,5811,665 (44%)$5,710
2015-162,186 (61%)$3,9371,333 (37%)$3,5501,485 (42%)$5,735
2016-172,234 (62%)$4,1901,280 (36%)$3,5961,407 (39%)$5,659
2017-182,235 (66%)$4,1021,279 (38%)$3,6311,229 (37%)$5,755
2018-192,076 (63%)$4,3231,179 (36%)$3,7401,136 (34%)$5,665
2019-202,671 (82%)$3,8421,157 (36%)$3,8341,087 (33%)$5,673
2020-212,230 (70%)$4,4681,070 (34%)$3,761926 (29%)$5,849
2021-222,179 (77%)$5,8361,004 (35%)$3,884824 (29%)$5,984
Average2,307 (65.82%)$4,2441,355 (38.18%)$3,6541,444 (40.00%)$5,728

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 349 (65.55 % of students) received grants or scholarships and its average amount is $4,811. It can cover 78.75% of tuition & fees ($6,109) based on out-of-state rate.
In addition, 269 (48.36 % of students) students get helped from the students loans (average amount : $5,203).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12456 (62%)$4,244479 (65%)$5,449
2012-13410 (65%)$4,539387 (62%)$5,453
2013-14358 (59%)$4,252350 (58%)$5,084
2014-15335 (61%)$4,643293 (53%)$5,311
2015-16323 (57%)$4,666288 (51%)$4,965
2016-17347 (62%)$4,987266 (48%)$5,030
2017-18332 (61%)$4,680252 (47%)$5,145
2018-19302 (66%)$4,973197 (43%)$5,264
2019-20433 (89%)$4,035193 (40%)$5,014
2020-21258 (65%)$4,966122 (31%)$5,178
2021-22283 (74%)$6,935132 (34%)$5,337
Average349 (65.55%)$4,811269 (48.36%)$5,203
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 270 (49.91 % of students) received Pell (federal) grants and its average amount is $4,168.
In addition, 286 students received State/local government grants/scholarships (53.09 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12401 (54%)$3,77924 (3%)$846389 (53%)$1,027--
2012-13348 (56%)$3,91941 (7%)$901366 (58%)$1,258--
2013-14302 (50%)$3,87631 (5%)$673309 (51%)$1,071--
2014-15280 (51%)$4,11956 (10%)$883288 (52%)$1,224--
2015-16271 (48%)$3,99866 (12%)$680267 (47%)$1,418--
2016-17265 (47%)$4,15860 (11%)$944294 (53%)$1,946--
2017-18274 (51%)$4,07057 (11%)$711272 (50%)$1,4581 (0%)$1,388
2018-19235 (51%)$4,33171 (15%)$681258 (56%)$1,689--
2019-20246 (51%)$4,180364 (75%)$572277 (57%)$1,7953 (1%)$4,438
2020-21173 (44%)$4,566205 (52%)$668219 (55%)$1,6034 (1%)$771
2021-22179 (46%)$4,853272 (71%)$2,582202 (52%)$1,9154 (1%)$1,270
Average270 (49.91%)$4,168113 (24.73%)$922286 (53.09%)$1,4913 (1.00%)$1,967
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 12 years, on average, 269 (48.36 % of students) get any students loan help and its average loan amount is $269.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-12479 (65%)$5,449476 (65%)$4,93947 (6%)$5,514
2012-13387 (62%)$5,453386 (62%)$5,16222 (4%)$5,346
2013-14350 (58%)$5,084348 (58%)$4,72324 (4%)$5,658
2014-15293 (53%)$5,311292 (53%)$4,89121 (4%)$6,095
2015-16288 (51%)$4,965284 (50%)$4,72113 (2%)$6,865
2016-17266 (48%)$5,030265 (47%)$4,73815 (3%)$5,502
2017-18252 (47%)$5,145250 (46%)$4,89610 (2%)$7,240
2018-19197 (43%)$5,264196 (43%)$4,74515 (3%)$7,136
2019-20193 (40%)$5,014190 (39%)$4,68112 (2%)$6,528
2020-21122 (31%)$5,178122 (31%)$4,8235 (1%)$8,646
2021-22132 (34%)$5,337131 (34%)$4,9446 (2%)$9,461
Average269 (48.36%)$5,203267 (48.00%)$4,84217 (3.00%)$6,726

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