Ripon College is incorporated in the state of Wisconsin as an independent, privately endowed college governed by a self-perpetuating board of trustees. The president sits on that board and serves as the institution's chief executive officer. The president's administrative council comprises five vice presidents: the vice president and dean of faculty, the vice president and dean of students, the vice president for admission and financial aid, the vice president for advancement and the vice president for finance.

The faculty is governed through an elected committee system and in monthly meetings of the entire body. Ripon students participate in college governance by their representation on major committees, at faculty meetings and on committees of the board of trustees. A graduating senior is elected annually by the student body to serve one year as a Special Graduate Trustee. The student senate is the formal channel for general expression of student attitudes and interests.

Free interchange of ideas is facilitated by Ripon’s small size and the accessibility of faculty and administration.