TYPES OF FINANCIAL AID
Financial aid comes in three main forms:
- Aid you don't repay (grants and scholarships)
- Aid you must repay (loans)
- Aid you earn (work study and military assistance)
SCHOLARSHIPS
Scholarships are awarded based upon various criteria, which usually reflect the values and purposes of the donor or founder of the award. Scholarship money is not required to be repaid.
TUITION FREE COLLEGE OPPORTUNITIES
- North Star Promise Scholarship
- For qualifying Minnesota residents
- Austin Assurance Scholarship
- For qualifying High School seniors of Austin
- Freeborn County Community Promise Scholarship
- For qualifying Freeborn County High School seniors
- Owatonna Opportunity Scholarship
- For qualifying Owatonna High School Seniors
WORKSTUDY
If you're willing to work for your financial aid, participating in a federal work study program could be a good fit for you.
DISBURSEMENTS & REFUNDS
Disbursements and refunds are payments made to a student whose funding received, including financial aid, exceeds institutional charges.
BANKMOBILE
Riverland has partnered with BankMobile to deposit your money or refund quickly and securely.
MONEY MANAGEMENT & FINANCIAL LITERACY
Riverland offers free resources for achieving financial, career personal and other goals. Featuring GradReady
Fall 2025 | Spring 2026 | Summer 2026
Need help with Financial Aid? Explore our Tutorials
FAFSA Information you should know
| Student Type | Tuition Rate |
|---|---|
| Minnesota Residents | $219.21 |
| Online Students | $246.21 |
| Iowa/Wisconsin/North Dakota/South Dakota residents | $219.21 |
| Senior Citizen (62+) | $35.81 |
| Tuition Rates, Fees and Programs with Differential Tuition | |
Net Price calculator is a free tool for students and parents to learn about college costs, expenses and financial aid.
Tuition is the price colleges charge for classes. Students also pay other fees related to enrolling in and attending a college
Business Office & Financial Aid Department
Brad Doss
Vice President of Finance & Operations
Patty Hemann
Director of Financial Aid
Ciara Miller
Director of Business Services
Darcy Drake-Tapp
Financial Aid Advisor
Todd Fjeldberg
Accounting Technician
Chelsea Petersen
Financial Aid Advisor
Page Petersen
Purchasing Agent
Nancy Satern
Cashier
Loel Vinge
Accounts Payable
Stephanie Weckwerth
Account Clerk Senior
Linda Wasmoen
Student Affairs Generalist, Veteran's Certifying Official