How Minnesota North'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 Minnesota North College since 2013.

For that period, the average number of students who received grants aid/scholarships is 993, which is 69.11 % of all undergraduate students. 606 students which is 43.44% of undergraduate students received federal student loans and the average loan amount is $6,096.

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	981 (71%)	$4,380	731 (53%)	$3,835	797 (58%)	$6,268
2014-15	923 (71%)	$4,615	693 (53%)	$3,883	706 (54%)	$6,305
2015-16	868 (65%)	$4,820	637 (47%)	$3,859	619 (46%)	$6,035
2016-17	905 (69%)	$5,335	564 (43%)	$3,725	582 (44%)	$6,287
2017-18	792 (66%)	$4,834	490 (41%)	$3,803	487 (40%)	$6,360
2018-19	698 (62%)	$4,942	433 (39%)	$3,960	455 (41%)	$6,128
2019-20	842 (81%)	$4,673	422 (41%)	$3,985	422 (41%)	$5,830
2020-21	615 (67%)	$5,205	325 (36%)	$3,702	318 (35%)	$6,052
2021-22	2,317 (70%)	$6,952	1,147 (35%)	$4,237	1,071 (32%)	$5,603
Average	993 (69.11%)	$5,084	605 (43.11%)	$3,888	606 (43.44%)	$6,096

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

Overview

For the last 10 years, on average, 167 (73.11 % of students) received grants or scholarships and its average amount is $5,500. It can cover 75.32% of tuition & fees ($7,302) based on out-of-state rate.

In addition, 118 (51.78 % of students) students get helped from the students loans (average amount : $5,652).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	171 (72%)	$4,767	166 (69%)	$5,526
2014-15	148 (74%)	$4,858	121 (60%)	$5,639
2015-16	128 (71%)	$5,080	93 (52%)	$5,752
2016-17	139 (74%)	$5,596	99 (53%)	$5,471
2017-18	109 (65%)	$5,268	89 (53%)	$5,983
2018-19	103 (68%)	$5,008	75 (50%)	$5,629
2019-20	152 (94%)	$5,754	81 (50%)	$5,244
2020-21	71 (65%)	$5,558	36 (33%)	$5,946
2021-22	485 (75%)	$7,609	302 (46%)	$5,682
Average	167 (73.11%)	$5,500	118 (51.78%)	$5,652

^*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 10 years, on average, 125 (54.89 % of students) received Pell (federal) grants and its average amount is $4,414.

In addition, 118 students received State/local government grants/scholarships (54.78 % 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	149 (62%)	$4,372	28 (12%)	$374	135 (56%)	$999	24 (10%)	$766
2014-15	124 (62%)	$4,150	38 (19%)	$365	123 (61%)	$1,432	19 (9%)	$754
2015-16	101 (56%)	$4,397	28 (16%)	$419	104 (58%)	$1,688	20 (11%)	$938
2016-17	97 (52%)	$4,242	18 (10%)	$378	115 (61%)	$2,942	30 (16%)	$705
2017-18	87 (52%)	$4,707	22 (13%)	$368	87 (52%)	$1,680	12 (7%)	$867
2018-19	79 (52%)	$4,209	19 (13%)	$434	79 (52%)	$1,846	19 (13%)	$1,539
2019-20	99 (61%)	$4,854	141 (87%)	$805	109 (67%)	$2,370	16 (10%)	$1,383
2020-21	49 (45%)	$4,157	53 (48%)	$930	51 (46%)	$1,954	18 (16%)	$2,334
2021-22	336 (52%)	$4,640	448 (69%)	$3,416	261 (40%)	$1,912	78 (12%)	$1,305
Average	125 (54.89%)	$4,414	88 (31.89%)	$832	118 (54.78%)	$1,869	26 (11.56%)	$1,177

^*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 10 years, on average, 118 (51.78 % of students) get any students loan help and its average loan amount is $118.

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	166 (69%)	$5,526	164 (69%)	$5,342	9 (4%)	$4,580
2014-15	121 (60%)	$5,639	120 (60%)	$5,400	6 (3%)	$5,730
2015-16	93 (52%)	$5,752	92 (51%)	$5,281	9 (5%)	$5,453
2016-17	99 (53%)	$5,471	99 (53%)	$5,143	5 (3%)	$6,500
2017-18	89 (53%)	$5,983	88 (53%)	$5,517	10 (6%)	$4,698
2018-19	75 (50%)	$5,629	74 (49%)	$4,860	8 (5%)	$7,819
2019-20	81 (50%)	$5,244	81 (50%)	$4,971	4 (2%)	$5,525
2020-21	36 (33%)	$5,946	35 (32%)	$5,201	4 (4%)	$8,000
2021-22	302 (46%)	$5,682	302 (46%)	$4,915	26 (4%)	$8,907
Average	118 (51.78%)	$5,652	117 (51.44%)	$5,181	9 (4.00%)	$6,357

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Scholarships, Grants, and Loan Trends at Minnesota North

All Undergraduate Students Financial Aid Over Time

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