How MSUM'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 State University Moorhead since 2013.

For that period, the average number of students who received grants aid/scholarships is 3,116, which is 62.78 % of all undergraduate students. 2,908 students which is 57.22% of undergraduate students received federal student loans and the average loan amount is $6,707.

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	3,269 (53%)	$4,328	2,000 (32%)	$3,652	3,926 (64%)	$7,062
2014-15	3,068 (54%)	$4,479	1,738 (30%)	$3,695	3,529 (62%)	$7,047
2015-16	2,931 (56%)	$4,511	1,502 (29%)	$3,662	3,106 (59%)	$6,926
2016-17	2,867 (55%)	$4,670	1,429 (27%)	$3,730	3,008 (58%)	$7,071
2017-18	2,951 (58%)	$4,901	1,502 (29%)	$3,847	2,884 (56%)	$6,697
2018-19	2,905 (60%)	$5,221	1,398 (29%)	$4,037	2,723 (56%)	$6,362
2019-20	3,876 (83%)	$4,360	1,394 (30%)	$3,950	2,566 (55%)	$6,342
2020-21	3,115 (70%)	$5,271	1,246 (28%)	$4,138	2,351 (53%)	$6,239
2021-22	3,059 (76%)	$6,405	1,113 (28%)	$4,269	2,076 (52%)	$6,615
Average	3,116 (62.78%)	$4,905	1,480 (29.11%)	$3,887	2,908 (57.22%)	$6,707

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

Overview

For the last 10 years, on average, 613 (78.56 % of students) received grants or scholarships and its average amount is $4,843. It can cover 46.85% of tuition & fees ($10,336) based on out-of-state rate.

In addition, 538 (67.78 % of students) students get helped from the students loans (average amount : $9,112).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	607 (64%)	$4,221	655 (69%)	$8,953
2014-15	566 (64%)	$4,462	608 (69%)	$9,095
2015-16	525 (73%)	$4,204	459 (64%)	$9,154
2016-17	626 (73%)	$4,414	589 (69%)	$9,544
2017-18	650 (78%)	$4,802	597 (72%)	$9,141
2018-19	610 (78%)	$4,894	547 (70%)	$9,181
2019-20	744 (96%)	$4,556	543 (70%)	$9,354
2020-21	610 (85%)	$5,127	463 (65%)	$8,707
2021-22	579 (96%)	$6,905	377 (62%)	$8,879
Average	613 (78.56%)	$4,843	538 (67.78%)	$9,112

^*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, 238 (30.11 % of students) received Pell (federal) grants and its average amount is $4,149.

In addition, 261 students received State/local government grants/scholarships (33.11 % 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	289 (31%)	$3,880	135 (14%)	$790	296 (31%)	$1,955	354 (38%)	$2,134
2014-15	269 (30%)	$3,927	146 (16%)	$764	270 (30%)	$2,265	334 (38%)	$2,234
2015-16	191 (27%)	$3,850	99 (14%)	$764	209 (29%)	$2,462	424 (59%)	$2,079
2016-17	245 (29%)	$3,965	168 (20%)	$786	255 (30%)	$2,540	478 (56%)	$2,117
2017-18	283 (34%)	$3,985	177 (21%)	$782	312 (38%)	$2,787	483 (58%)	$2,041
2018-19	229 (29%)	$4,447	98 (12%)	$817	263 (33%)	$3,048	493 (63%)	$2,201
2019-20	248 (32%)	$4,292	676 (87%)	$627	290 (37%)	$3,297	475 (61%)	$1,990
2020-21	205 (29%)	$4,422	365 (51%)	$953	241 (34%)	$3,302	443 (62%)	$2,432
2021-22	180 (30%)	$4,577	412 (68%)	$2,538	216 (36%)	$3,688	513 (85%)	$2,597
Average	238 (30.11%)	$4,149	253 (33.67%)	$980	261 (33.11%)	$2,816	444 (57.78%)	$2,203

^*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, 538 (67.78 % of students) get any students loan help and its average loan amount is $538.

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	655 (69%)	$8,953	641 (68%)	$6,109	233 (25%)	$8,361
2014-15	608 (69%)	$9,095	601 (68%)	$6,284	204 (23%)	$8,592
2015-16	459 (64%)	$9,154	449 (63%)	$6,245	165 (23%)	$8,472
2016-17	589 (69%)	$9,544	581 (68%)	$6,513	206 (24%)	$8,920
2017-18	597 (72%)	$9,141	583 (70%)	$5,833	227 (27%)	$9,059
2018-19	547 (70%)	$9,181	535 (68%)	$5,290	229 (29%)	$9,571
2019-20	543 (70%)	$9,354	524 (67%)	$5,398	219 (28%)	$10,278
2020-21	463 (65%)	$8,707	445 (62%)	$5,197	175 (24%)	$9,822
2021-22	377 (62%)	$8,879	363 (60%)	$5,326	136 (22%)	$10,399
Average	538 (67.78%)	$9,112	525 (66.00%)	$5,799	199 (25.00%)	$9,275

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Scholarships, Grants, and Loan Trends at MSUM

All Undergraduate Students Financial Aid Over Time

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