Scholarships, Grants, and Loan Trends at Minnesota West Community and Technical

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,076, which is 64.22 % of all undergraduate students. 832 students which is 25.89% of undergraduate students received federal student loans and the average loan amount is $6,398.
For full-time, first-time beginning students (freshmen), 74.33% of students received grants or scholarships and 53% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Minnesota West Community and Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,076, which is 64.22 % of all undergraduate students. 832 students which is 25.89% of undergraduate students received federal student loans and the average loan amount is $6,398.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,042 (63%)$3,5651,163 (36%)$3,6481,284 (40%)$6,735
2014-152,039 (64%)$3,3381,017 (32%)$3,6401,047 (33%)$6,490
2015-161,951 (64%)$3,281927 (31%)$3,636947 (31%)$6,747
2016-171,943 (64%)$3,515875 (29%)$3,769869 (28%)$6,979
2017-181,887 (60%)$3,490827 (26%)$3,696783 (25%)$6,537
2018-192,033 (60%)$3,381829 (25%)$3,939795 (24%)$6,001
2019-202,549 (75%)$3,014793 (23%)$3,911724 (21%)$5,942
2020-212,032 (62%)$3,532600 (18%)$3,869557 (17%)$6,327
2021-222,211 (66%)$4,085564 (17%)$3,983485 (14%)$5,822
Average2,076 (64.22%)$3,467844 (26.33%)$3,788832 (25.89%)$6,398

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

For the last 10 years, on average, 218 (74.33 % of students) received grants or scholarships and its average amount is $4,966. It can cover 40.27% of tuition & fees ($12,332) based on out-of-state rate.
In addition, 156 (52.89 % of students) students get helped from the students loans (average amount : $5,530).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14194 (68%)$4,424201 (70%)$5,882
2014-15174 (68%)$4,660154 (60%)$5,444
2015-16194 (68%)$4,790163 (57%)$5,819
2016-17190 (70%)$5,101129 (47%)$5,731
2017-18219 (73%)$4,856152 (50%)$5,090
2018-19258 (71%)$5,292225 (62%)$5,573
2019-20287 (89%)$4,216157 (48%)$5,629
2020-21201 (75%)$4,951110 (41%)$5,158
2021-22243 (87%)$6,403115 (41%)$5,441
Average218 (74.33%)$4,966156 (52.89%)$5,530
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 168 (57.11 % of students) received Pell (federal) grants and its average amount is $4,338.
In addition, 147 students received State/local government grants/scholarships (50.33 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14171 (60%)$3,99254 (19%)$329138 (48%)$1,0863 (1%)$2,663
2014-15150 (59%)$4,16221 (8%)$438138 (54%)$1,13322 (9%)$958
2015-16173 (60%)$4,13216 (6%)$550149 (52%)$1,26611 (4%)$1,542
2016-17150 (55%)$4,27315 (5%)$427139 (51%)$2,22012 (4%)$1,087
2017-18189 (63%)$4,20834 (11%)$518168 (56%)$1,43414 (5%)$686
2018-19225 (62%)$4,65615 (4%)$747177 (49%)$1,7168 (2%)$341
2019-20187 (58%)$4,407232 (72%)$477151 (47%)$1,7747 (2%)$1,053
2020-21129 (48%)$4,308156 (58%)$985141 (53%)$1,9757 (3%)$1,045
2021-22136 (49%)$4,903241 (86%)$2,732121 (43%)$1,8519 (3%)$742
Average168 (57.11%)$4,33887 (29.89%)$800147 (50.33%)$1,60610 (3.67%)$1,124
*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..
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, 156 (52.89 % of students) get any students loan help and its average loan amount is $156.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14201 (70%)$5,882199 (69%)$5,49819 (7%)$4,639
2014-15154 (60%)$5,444154 (60%)$5,10910 (4%)$5,152
2015-16163 (57%)$5,819160 (56%)$5,40313 (5%)$6,466
2016-17129 (47%)$5,731129 (47%)$5,3508 (3%)$6,137
2017-18152 (50%)$5,090152 (50%)$5,0393 (1%)$2,586
2018-19225 (62%)$5,573221 (61%)$5,31616 (4%)$4,941
2019-20157 (48%)$5,629155 (48%)$5,08712 (4%)$7,942
2020-21110 (41%)$5,158107 (40%)$4,7498 (3%)$7,412
2021-22115 (41%)$5,441112 (40%)$5,1087 (3%)$7,662
Average156 (52.89%)$5,530154 (52.33%)$5,18411 (3.78%)$5,882
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