Financial Aid at UMTC

Average Amount Received	% Received Financial Aid
$10,416	54%

19,606 students (54% of total 36,209 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Minnesota-Twin Cities.

The average amount of the aid awarded is $10,416. For the first-time, full-time beginning students (freshmen), 82% of total 6,840 enrolled students have received any kind of financial aid and its average amount of aid received is $11,388.

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All Undergraduate Financial Aid

At University of Minnesota-Twin Cities, 19,606 undergraduate students (54% of total 36,209 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $10,416.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	19,606	54%	$204,220,724	$10,416
Pell Grants	6,353	18%	$32,408,209	$5,101
Federal Student Loan	11,060	31%	$68,776,994	$6,219

Beginning Undergraduate Students (Freshmen) Financial Aid

5,607 beginning undergraduate students (82% of total 6,840 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 $11,388.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	5,607	82%	-	-
Grants or Scholarships	4,342	63%	$49,444,888	$11,388
Federal Grants	1,452	21%	$8,421,248	$5,800
Pell Grants	1,445	21%	$7,616,602	$5,271
Other Federal Grants	1,307	19%	$804,646	$616
State/Local Grants	2,027	30%	$12,795,193	$6,312
Institutional Grants	4,209	62%	$28,228,447	$6,707
Student Loan Aid	2,749	40%	$26,726,967	$9,722
Federal Student Loans	2,680	39%	$14,264,991	$5,323
Other Student Loans	818	12%	$12,461,976	$15,235

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 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.

Grants of Scholarship Aid Statistics By Income Level
Income Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	2,741	2,229	$30,502,646	$11,128
0-30,000	422	422	$8,656,455	$20,513
30,001-48,000	405	405	$8,267,796	$20,414
48,001-75,000	458	458	$7,600,994	$16,596
75,001-110,000	402	402	$3,644,667	$9,066
110,001 or more	1,054	542	$2,332,734	$2,213

Financial Aid at UMTC

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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