Ridgewater College

www.ridgewater.edu

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2020 Undergraduate Tuition

$5,316

0% growth from 2019

2020 Average Net Price

$10,664

After Financial Aid

2018 Student Loan

8.23%

Default Rate

2020 Enrolled Students

3,176

55.2% Full-Time

2020 Graduation Rate

44.4%

234 Graduates

About

Ridgewater College is a higher education institution located in Kandiyohi County, MN. In 2016, the most popular Bachelor's Degree concentrations at Ridgewater College were .

In 2020, 817 degrees were awarded across all undergraduate and graduate programs at Ridgewater College. 53.7% of these degrees were awarded to women, and 46.3% awarded men. The most common race/ethnicity group of degree recipients was white (688 degrees), 10.8 times more than then the next closest race/ethnicity group, hispanic or latino (64 degrees).

The median undergraduate tuition at Ridgewater College is $5,316, which is $−2,664 less than the national average for Associates Colleges ($7,980).

Associates Colleges: Mixed Transfer/Career & Technical-High Traditional Associates Colleges

Costs

The median undergraduate tuition at Ridgewater College is $5,316, which is $−2,664 less than the national average for Associates Colleges ($7,980).

After taking grants and loans into account, the average net price for students is $10,664.

In 2020, 82% of undergraduate students received federal grants, while 33% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$5,316

2020 Undergraduate Tuition

In 2020, the cost of tuition at Ridgewater College was $5,316. The cost of tuition at Ridgewater College is $−2,664 less than than the overall (public and private) national average for Associates Colleges ($7,980).

This chart compares the tuition costs of Ridgewater College (in red) with those of other similar universities.

Average Net Price

$10,664

2020 Value

4.02%

1 Year Growth

In 2020 Ridgewater College had an average net price — the price paid after factoring in grants and loans — of $10,664. Between 2019 and 2020, the average net price of Ridgewater College grew by 4.02%.

This chart compares the average net price of Ridgewater College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$7,720

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Ridgewater College was of $7,720 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board did not change between 2019 and 2020. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Ridgewater College (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

82%

Of Undergraduates Receive Grants

33%

Of Undergraduates Receive Federal Loans

82% of undergraduate students at Ridgewater College received grants or loans in 2020. This represents a growth of 30.2% with respect to 2019, when 63% of undergraduate students received financial aid.

This chart compares the average award discount at Ridgewater College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

8.23%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Ridgewater College was 8.23%, which represents 81 out of the 984 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Ridgewater College has a total enrollment of 3,176 students. The full-time enrollment at Ridgewater College is 1,752 students and the part-time enrollment is 1,424. This means that 55.2% of students enrolled at Ridgewater College are enrolled full-time.

The enrolled student population at Ridgewater College, both undergraduate and graduate, is 80.7% White, 8.5% Hispanic or Latino, 4.44% Black or African American, 2.39% Two or More Races, 1.2% Asian, 0.441% American Indian or Alaska Native, and 0.0945% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ridgewater College in full-time Undergraduate programs are most commonly White Female (48.5%), followed by White Male (32.8%) and Hispanic or Latino Female (5.02%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

55.2%

Full-Time Enrollment

The total enrollment at Ridgewater College, both undergraduate and graduate, is 3,176 students. The full-time enrollment at Ridgewater College is 1,752 and the part-time enrollment is 1,424. This means that 55.2% of students enrolled at Ridgewater College are enrolled full-time compared with 34.4% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Ridgewater College (in red) compares to similar universities.

Retention Rate over Time

63%

2020 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Ridgewater College was 63%. Compared with the full-time retention rate at similar Associates Colleges (60%), Ridgewater College had a retention rate higher than its peers.

This chart shows the retention rate over time at Ridgewater College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
2,562
Hispanic or Latino
270
Black or African American
141

The enrolled student population at Ridgewater College is 80.7% White, 8.5% Hispanic or Latino, 4.44% Black or African American, 2.39% Two or More Races, 1.2% Asian, 0.441% American Indian or Alaska Native, and 0.0945% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 44.5% White, 26.8% Hispanic or Latino, and 12.2% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 64 students (2.02%) did not report their race.

Graduates

In 2020, 61 more women than men received degrees from Ridgewater College. The most common race/ethnicity group of degree recipients at Ridgewater College is white (688 degrees awarded). There were 10.8 times more white graduates than the next closest race/ethnicity group, hispanic or latino (64 degrees).

The most common Bachelor's Degree concentration at Ridgewater College is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at Ridgewater College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Agriculture (92 degrees awarded), Construction (51 degrees), and Precision Production (36 degrees).

Workforce

Common Jobs by Major

Other managers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Ridgewater College are Other managers (87,607 people), Elementary & middle school teachers (62,292 people), Construction managers (47,584 people), Software developers (38,528 people), and Sales representatives, wholesale & manufacturing (33,741 people).

The most specialized majors at Ridgewater College are Agriculture (92 degrees awarded), Construction (51 degrees), Precision Production (36 degrees), Engineering Technologies (58 degrees), and Communication Technologies (8 degrees).

Highest Paying Jobs by Major

Dentists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Ridgewater College are Dentists, Lawyers, & judges, magistrates, & other judicial workers, Physicians, Chief executives & legislators, and Real estate brokers & sales agents

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Ridgewater College are Elementary & secondary schools (143,782 people), Construction (124,341 people), Colleges, universities & professional schools, including junior colleges (67,947 people), Computer Systems Design (57,917 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (36,132 people).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Ridgewater College.

Most Common

N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In false, the most common bachelors degree concentration at Ridgewater College was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Ridgewater College according to their major.

Sex Breakdown for Common Majors

378

Degrees Awarded to Men

in 2020

439

Degrees Awarded to Women

in 2020

In 2020, 378 degrees were awarded to men at Ridgewater College, which is 0.861 times less than the number of degrees awarded to females (439).

This chart displays the sex disparity between the top 5 majors at Ridgewater College by degrees awarded.

Most Common Male Majors

In false, 66 degrees were awarded to men at Ridgewater College in Liberal Arts & Sciences, which is 0.579 times less than the 114 female recipients with that same degree.

Most Common Female Majors

In false, 114 degrees were awarded to women at Ridgewater College in Liberal Arts & Sciences, which is 1.73 times more than the 66 male recipients with that same degree.

Time to Complete

34%

100% Completion Time

42%

150% Completion Time

In 2020, 34% of students graduating from Ridgewater College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 42% completed their degrees within 150% of the normal time, and 45% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Diversity

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (53.6%)

The student demographic with the highest graduation rate at Ridgewater College is Female and White (53.6% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (72.4%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
688 degrees awarded
Hispanic or Latino
64 degrees awarded
Black or African American
33 degrees awarded

The most common race/ethnicity at Ridgewater College is white (688 degrees awarded). There were 10.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (64 degrees).

0.245% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
374 degrees awarded
White Male
314 degrees awarded
Hispanic or Latino Female
42 degrees awarded

The most common race/ethnicity and sex grouping at Ridgewater College is white female (374 degrees awarded). There were 1.19 times more white female recipients than the next closest race/ethnicity group, white male (314 degrees).

Operations

Ridgewater College has an endowment valued at nearly $2.42M, as of the end of the 2020 fiscal year. The return on its endowment was of $367k (15.2%), compared to the 5.11% average return ($226k on $4.42M) across all Associates Colleges.

In 2020, Ridgewater College had a total salary expenditure of $40.7M. Ridgewater College employs 93 Instructors, 0 N/A, and 0 N/A. Most academics at Ridgewater College are Male Instructors (50), Female Instructors(43), and N/A (0).

The most common positions for non-instructional staff at Ridgewater College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 22 employees, Office and Administrative Support, with 21 employees, and Management with 11 employees.

Finances

Endowment

$2.42M

2020 Endowment

7.02%

decline from 2019

Ridgewater College has an endowment valued at about $2.42M, as of the end of the 2020 fiscal year. The endowment of Ridgewater College declined 7.02% from the previous year. The value of their endowment was $2M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Ridgewater College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: Mixed Transfer/Career & Technical-High Traditional Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2020, Ridgewater College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$18.7M

2020 Salaries

0.16%

decline from 2019

In 2020, Ridgewater College paid a median of $18.7M in salaries, which represents 46% of their overall expenditure ($40.7M) and a 0.16% decline from the previous year. This is compared to a 2.84% growth from 2018 and a 4.31% decline from 2017.

The median for similar Associates Colleges is 16.8M (43.6% of overall expenditures).

Instructional Salaries

$6.81M

Instructional Salaries

Number of Employees

In 2020, Ridgewater College paid a total of $6.81M to 93 employees working as instructors, which represents 36.3% of all salaries paid.

This is compared to a median of $4.98M (29.6%) for similar Associates Colleges.

Faculty and Staff

Occupations by Share

Instructor

Most Common Instructor

93 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

22 Employees

In 2020, the most common positions for instructional staff at Ridgewater College were Instructor with 93 employees; false with 0 employees; and false with 0 employees.

In 2020, the most common positions for non-instructional staff at Ridgewater College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 22 employees; Office and Administrative Support with 21 employees; and Management with 11 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Instructor
Female Instructor

In 2020, the most common demographic for instructional staff at Ridgewater College was Male Instructor with 50 employees, and Female Instructor with 43 employees.

This chart shows the sex split between each academic rank present at Ridgewater College.

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