by our College Data Analytics TeamA large number of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Ripon College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial aid solutions can Ripon deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Ripon College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Ripon College, 100% of first-year full-time students received aid of some kind approximately 195 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $39,716 |
| Institutional grants & scholarships | 100% | $36,403 |
| Federal Pell grants | 30% | $4,933 |
| State/local grants | 41% | $3,738 |
| Federal student loans | 72% | $4,959 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, around 98% of undergrads got grants or scholarships worth on average $40,815 (across roughly 716 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $40,815 |
| Federal Pell grants | 34% | $5,411 |
| Federal student loans | 70% | $6,414 |
Title-IV recipients living on campus saw average grant aid of $43,324.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $13,313 |
| $30,001 – $75,000 | $16,223 |
| Over $75,000 | $26,180 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $20,216 |
| Off-campus title-IV students | $21,176 |
To get a personalized net price estimate, try Ripon’s online cost calculator: www.ripon.edu/admission/calculator/.
The middle student in the debt distribution at Ripon owes $19,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Ripon.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,500 |
| 75th percentile | $29,200 |
| 90th percentile (highest-debt students) | $34,787 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $17,621 |
| Middle income | $18,625 |
| High income | $19,750 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $20,920 |
| Continuing-generation students | $19,473 |
A handful of calculated indicators summarize the debt outlook at Ripon.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Ripon:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3451 |
| Total Stafford loan amount | $60,137,103 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $80,790 |
| Average GI Bill amount per recipient | $20,198 |
References
More about our data sources and methodologies.