Financial Aid at MSU

Average Amount Received	% Received Financial Aid
$5,327	72%

1,811 students (72% of total 2,530 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Minot State University.

The average amount of the aid awarded is $5,327. For the first-time, full-time beginning students (freshmen), 94% of total 359 enrolled students have received any kind of financial aid and its average amount of aid received is $5,569.

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All Undergraduate Financial Aid

At Minot State University, 1,811 undergraduate students (72% of total 2,530 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $5,327.

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	1,811	72%	$9,647,715	$5,327
Pell Grants	610	24%	$2,673,887	$4,383
Federal Student Loan	940	37%	$6,046,751	$6,433

Beginning Undergraduate Students (Freshmen) Financial Aid

339 beginning undergraduate students (94% of total 359 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Minot State University. The average amount of aid received is $5,569.

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	339	94%	-	-
Grants or Scholarships	327	91%	$1,821,101	$5,569
Federal Grants	92	26%	$472,395	$5,135
Pell Grants	92	26%	$443,395	$4,820
Other Federal Grants	58	16%	$29,000	$500
State/Local Grants	180	50%	$379,249	$2,107
Institutional Grants	304	85%	$969,457	$3,189
Student Loan Aid	167	47%	$969,954	$5,808
Federal Student Loans	164	46%	$779,463	$4,753
Other Student Loans	25	7%	$190,491	$7,620

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 2022-2023 at Minot State University.

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	204	192	$1,147,857	$5,627
0-30,000	42	42	$390,654	$9,301
30,001-48,000	22	22	$203,866	$9,267
48,001-75,000	33	33	$220,356	$6,677
75,001-110,000	34	32	$144,708	$4,256
110,001 or more	73	63	$188,273	$2,579

Financial Aid at MSU

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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