by our College Data Analytics TeamA lot of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Riverland Community College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financial assistance options will Riverland Community College offer, and what will you qualify for? Read on for more information. Read on to see just how much financial aid could be open to you.
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 Riverland Community College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Riverland Community College, 91% of first-year full-time students received aid of some kind some 280 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $6,593 |
| Institutional grants & scholarships | 15% | $1,552 |
| Federal Pell grants | 58% | $5,363 |
| State/local grants | 68% | $2,393 |
| Federal student loans | 21% | $5,296 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Across the undergraduate body at Riverland Community College, around 55% of undergrads got grants or scholarships worth on average $4,899 (across approximately 1958 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 55% | $4,899 |
| Federal Pell grants | 24% | $4,400 |
| Federal student loans | 14% | $6,645 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,015.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,199 |
| $30,001 – $75,000 | $7,945 |
| Over $75,000 | $12,503 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,427 |
| Off-campus title-IV students | $8,463 |
For an estimate tailored to your family circumstances, see Riverland Community College’s online cost calculator: www.minnstate.edu/admissions/calculator/riverland.html.
The median student at Riverland Community College graduates with $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Riverland Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,136 |
| 25th percentile | $4,283 |
| 75th percentile | $17,750 |
| 90th percentile (highest-debt students) | $29,210 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,500 |
| Middle income | $9,500 |
| High income | $6,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $11,986 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Riverland Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. Below is the annual Stafford program activity at Riverland Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9099 |
| Total Stafford loan amount | $123,433,288 |
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
| Metric | Value |
|---|---|
| GI Bill recipients | 20 |
| Total GI Bill amount | $78,303 |
| Average GI Bill amount per recipient | $3,915 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.