19,909 students (51% of total 39,248 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Minnesota-Twin Cities (UMTC). The average amount of the aid awarded is $11,363.
For the first-time, full-time beginning students (freshmen), 81% of total 6,705 enrolled students have received any kind of financial aid and its average amount of aid received is $11,807.
At University of Minnesota-Twin Cities, 19,909 undergraduate students (51% of total 39,248 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $11,363.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
---|---|---|---|---|
Grant or Scholarship | 19,909 | 51% | $226,222,104 | $11,363 |
Pell Grants | 6,621 | 17% | $36,074,381 | $5,448 |
Federal Student Loan | 11,406 | 29% | $71,302,560 | $6,251 |
5,427 beginning undergraduate students (81% of total 6,705 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of Minnesota-Twin Cities. The average amount of aid received is $11,807.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
---|---|---|---|---|
Any Financial Aid | 5,427 | 81% | - | - |
Grants or Scholarships | 4,183 | 62% | $49,387,244 | $11,807 |
Federal Grants | 1,479 | 22% | $9,407,352 | $6,361 |
Pell Grants | 1,474 | 22% | $8,600,202 | $5,835 |
Other Federal Grants | 1,336 | 20% | $807,150 | $604 |
State/Local Grants | 2,041 | 30% | $13,990,263 | $6,855 |
Institutional Grants | 4,068 | 61% | $25,989,629 | $6,389 |
Student Loan Aid | 2,791 | 42% | $28,964,416 | $10,378 |
Federal Student Loans | 2,696 | 40% | $14,216,168 | $5,273 |
Other Student Loans | 928 | 14% | $14,748,248 | $15,893 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2022-2023 at University of Minnesota-Twin Cities.
The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
---|---|---|---|---|
All level | 2,774 | 2,233 | $32,938,000 | $11,874 |
0-30,000 | 424 | 424 | $9,222,481 | $21,751 |
30,001-48,000 | 361 | 361 | $7,717,665 | $21,379 |
48,001-75,000 | 474 | 474 | $8,604,142 | $18,152 |
75,001-110,000 | 433 | 432 | $4,807,910 | $11,104 |
110,001 or more | 1,082 | 542 | $2,585,802 | $2,390 |
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