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Anoka-Ramsey Community College Financial Aid & Debt Outcomes

69% Freshmen Get Financial Aid
$4,382 Average Grant & Scholarship
50% Undergrads Get Grant Aid

Many students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Anoka-Ramsey Community College can feel tremendous, but do not forget that almost all students receive some sort of financial help.

Just what financial assistance solutions will Anoka-Ramsey Community College-Coon Rapids Campus provide, and just what are you going to be eligible for? Read on for answers. Keep going to learn just how much financial aid will be open to you.

Importance of Anoka-Ramsey Community College-Coon Rapids Campus Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Anoka-Ramsey Community College.

Freshman Financial Aid at Anoka-Ramsey Community College

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

For freshmen starting at Anoka-Ramsey Community College, 69% of new full-time first-years were awarded at least some aid some 398 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)54%$5,190
Institutional grants & scholarships10%$576
Federal Pell grants41%$4,857
State/local grants47%$1,541
Federal student loans22%$4,686

Scholarship and Grant Awards at Anoka-Ramsey Community College

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Anoka-Ramsey Community College-Coon Rapids Campus, roughly 50% of undergraduate students received gift aid averaging $4,382 (across roughly 3934 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)50%$4,382
Federal Pell grants20%$4,004
Federal student loans14%$5,866

Title-IV recipients living on campus saw average grant aid of $4,634.

Aid by Income Level at Anoka-Ramsey Community College

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$9,482
$30,001 – $75,000$10,658
Over $75,000$15,198

Each amount is the average cost remaining once grant aid is subtracted, by income band.

The Real Cost of Attending Anoka-Ramsey Community College

Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.

CohortAverage Net Price
On-campus title-IV students$16,434
Off-campus title-IV students$11,471

To get a personalized net price estimate, try Anoka-Ramsey Community College-Coon Rapids Campus’s net price calculator: www.anokaramsey.edu/cost-aid/net-price-calculator/.

How Much Students Borrow at Anoka-Ramsey Community College

The median student at Anoka-Ramsey Community College-Coon Rapids Campus graduates with $8,750 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$8,750
Median federal debt (graduates only)$13,500
Typical 10-year monthly payment (graduates)$143.12/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Anoka-Ramsey Community College-Coon Rapids Campus.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,162
25th percentile$4,000
75th percentile$15,750
90th percentile (highest-debt students)$28,419

How Debt Outcomes Vary by Student Group at Anoka-Ramsey Community College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$9,500
Middle income$8,812
High income$6,500

By First-Generation Status

CohortMedian federal debt
First-generation students$9,240
Continuing-generation students$7,860

By Dependency Status

CohortMedian federal debt
Dependent students$6,500
Independent students$10,638

At-a-Glance Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Anoka-Ramsey Community College-Coon Rapids Campus.

Student Loans at Anoka-Ramsey Community College

Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Anoka-Ramsey Community College-Coon Rapids Campus:

MetricValue
Stafford loan recipients22222
Total Stafford loan amount$287,919,822

Veteran and Military Aid at Anoka-Ramsey Community College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients52
Total GI Bill amount$173,676
Average GI Bill amount per recipient$3,340

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients0
Total DoD amount$0

External Resources for Anoka-Ramsey Community College

References

More about our data sources and methodologies.

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