How Minneapolis Business's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Minneapolis Business College since 2013.

For that period, the average number of students who received grants aid/scholarships is 176, which is 78.20 % of all undergraduate students. 206 students which is 91.60% of undergraduate students received federal student loans and the average loan amount is $6,930.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	205 (75%)	$5,250	180 (66%)	$4,276	257 (94%)	$6,867
2014-15	177 (78%)	$5,704	150 (66%)	$4,093	195 (86%)	$7,439
2015-16	176 (82%)	$5,238	145 (67%)	$4,141	195 (91%)	$6,905
2016-17	161 (77%)	$5,859	135 (65%)	$4,253	192 (92%)	$6,773
2017-18	159 (79%)	$5,479	143 (71%)	$4,122	191 (95%)	$6,668
Average	176 (78.20%)	$5,506	151 (67.00%)	$4,177	206 (91.60%)	$6,930

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 6 years, on average, 80 (75.40 % of students) received grants or scholarships and its average amount is $6,306. It can cover 41.71% of tuition & fees ($15,120).

In addition, 95 (89.00 % of students) students get helped from the students loans (average amount : $9,056).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	89 (77%)	$6,193	109 (95%)	$9,597
2014-15	85 (71%)	$5,794	93 (78%)	$8,722
2015-16	72 (75%)	$6,289	82 (85%)	$9,099
2016-17	84 (71%)	$6,772	106 (90%)	$8,723
2017-18	72 (83%)	$6,482	84 (97%)	$9,137
Average	80 (75.40%)	$6,306	95 (89.00%)	$9,056

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 69 (65.00 % of students) received Pell (federal) grants and its average amount is $5,026.

In addition, 71 students received State/local government grants/scholarships (67.20 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	79 (69%)	$5,160	79 (69%)	$346	79 (69%)	$1,289	14 (12%)	$1,027
2014-15	67 (56%)	$4,985	67 (56%)	$403	71 (59%)	$1,639	15 (13%)	$1,009
2015-16	61 (64%)	$5,085	61 (64%)	$370	62 (65%)	$1,707	13 (14%)	$1,100
2016-17	73 (62%)	$4,866	73 (62%)	$589	78 (66%)	$2,003	14 (12%)	$1,029
2017-18	64 (74%)	$5,034	64 (74%)	$232	67 (77%)	$1,801	8 (9%)	$1,125
Average	69 (65.00%)	$5,026	69 (65.00%)	$388	71 (67.20%)	$1,688	13 (12.00%)	$1,058

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 6 years, on average, 95 (89.00 % of students) get any students loan help and its average loan amount is $95.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	109 (95%)	$9,597	108 (94%)	$8,341	21 (18%)	$6,915
2014-15	93 (78%)	$8,722	92 (77%)	$8,023	11 (9%)	$6,638
2015-16	82 (85%)	$9,099	80 (83%)	$7,950	15 (16%)	$7,340
2016-17	106 (90%)	$8,723	106 (90%)	$7,802	10 (8%)	$9,763
2017-18	84 (97%)	$9,137	84 (97%)	$8,278	12 (14%)	$6,017
Average	95 (89.00%)	$9,056	94 (88.20%)	$8,079	14 (13.00%)	$7,335

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Scholarships, Grants, and Loan Trends at Minneapolis Business

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time