by our College Data Analytics TeamMost students are not billed 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 sum total of attendance at Ringling College of Art and Design can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial assistance options will Ringling College offer you, and what will you qualify for? Read on for more information. Keep reading to see how much school funding could be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Ringling College of Art and Design.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Ringling College of Art and Design, 100% of entering full-time freshmen got some type of financial assistance around 446 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,442 |
| Institutional grants & scholarships | 99% | $15,656 |
| Federal Pell grants | 20% | $6,131 |
| State/local grants | 24% | $6,251 |
| Federal student loans | 35% | $5,448 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Ringling College, around 100% of the undergraduate population received grant aid that averaged $18,219 (across roughly 1719 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $18,219 |
| Federal Pell grants | 21% | $5,759 |
| Federal student loans | 38% | $6,819 |
For students living on campus and receiving title-IV aid, grants averaged $22,534.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $50,460 |
| $30,001 – $75,000 | $52,492 |
| Over $75,000 | $59,369 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $57,742 |
| Off-campus title-IV students | $55,390 |
To get a personalized net price estimate, try Ringling College’s net price calculator: npc.collegeboard.org/student/app/ringling.
A typical borrower at Ringling College leaves with $27,000 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $27,000 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Ringling College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $35,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $26,421 |
| Middle income | $27,000 |
| High income | $27,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $27,000 |
| Continuing-generation students | $27,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $27,000 |
| Independent students | $32,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Ringling College.
Stafford loans make up the bulk of federal direct lending to undergraduates. Below is the annual Stafford program activity at Ringling College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3967 |
| Total Stafford loan amount | $82,212,086 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 49 |
| Total GI Bill amount | $1,784,880 |
| Average GI Bill amount per recipient | $36,426 |
References
More about our data sources and methodologies.