Scholarships, Grants, and Loan Trends at Saint Mary's University of Minnesota

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,232, which is 79.11 % of all undergraduate students. 926 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $6,704.
For full-time, first-time beginning students (freshmen), 99.67% of students received grants or scholarships and 67% 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 Saint Mary's University of Minnesota since 2013.
For that period, the average number of students who received grants aid/scholarships is 1,232, which is 79.11 % of all undergraduate students. 926 students which is 58.33% of undergraduate students received federal student loans and the average loan amount is $6,704.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,395 (72%)$14,712587 (30%)$3,7611,187 (61%)$7,889
2014-151,323 (69%)$16,705479 (25%)$4,1351,104 (58%)$7,619
2015-161,321 (75%)$16,657525 (30%)$3,8231,107 (63%)$7,888
2016-171,233 (78%)$17,795480 (30%)$3,626990 (62%)$5,954
2017-181,201 (80%)$22,035448 (30%)$4,551904 (60%)$7,648
2018-191,111 (77%)$21,205389 (27%)$3,920817 (57%)$6,277
2019-201,221 (83%)$25,500440 (30%)$4,187878 (60%)$6,942
2020-211,157 (87%)$24,948345 (26%)$4,214764 (57%)$6,251
2021-221,129 (91%)$23,618309 (25%)$4,035581 (47%)$3,867
Average1,232 (79.11%)$20,353445 (28.11%)$4,028926 (58.33%)$6,704

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

For the last 10 years, on average, 286 (99.67 % of students) received grants or scholarships and its average amount is $24,415. It can cover 56.57% of tuition & fees ($43,160).
In addition, 192 (66.56 % of students) students get helped from the students loans (average amount : $8,424).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14304 (99%)$18,606212 (69%)$9,263
2014-15331 (99%)$20,875244 (73%)$7,965
2015-16275 (99%)$21,115174 (63%)$8,368
2016-17283 (100%)$21,359181 (64%)$8,266
2017-18299 (100%)$23,830197 (66%)$8,444
2018-19306 (100%)$26,845220 (72%)$8,424
2019-20301 (100%)$27,210203 (67%)$7,445
2020-21239 (100%)$29,804159 (67%)$8,536
2021-22234 (100%)$30,091136 (58%)$9,101
Average286 (99.67%)$24,415192 (66.56%)$8,424
*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, 85 (29.33 % of students) received Pell (federal) grants and its average amount is $4,367.
In addition, 76 students received State/local government grants/scholarships (26.33 % 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
2013-14100 (33%)$4,15017 (6%)$2,87998 (32%)$3,778304 (99%)$15,862
2014-15101 (30%)$4,34623 (7%)$2,30469 (21%)$4,517331 (99%)$18,447
2015-1674 (27%)$4,5791 (0%)$2,00061 (22%)$5,004275 (99%)$18,766
2016-1788 (31%)$4,24333 (12%)$2,51866 (23%)$4,970283 (100%)$18,587
2017-1891 (30%)$4,30634 (11%)$3,14787 (29%)$4,849299 (100%)$20,751
2018-1999 (32%)$4,44631 (10%)$2,45696 (31%)$5,852306 (100%)$23,322
2019-2080 (27%)$4,166249 (83%)$1,31876 (25%)$4,906301 (100%)$23,774
2020-2169 (29%)$4,254169 (71%)$1,91569 (29%)$5,517239 (100%)$25,628
2021-2259 (25%)$4,813214 (91%)$1,62958 (25%)$5,352234 (100%)$26,060
Average85 (29.33%)$4,36786 (36.38%)$2,24176 (26.33%)$4,972286 (99.67%)$21,244
*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, 192 (66.56 % of students) get any students loan help and its average loan amount is $192.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14212 (69%)$9,263209 (68%)$6,47958 (19%)$10,512
2014-15244 (73%)$7,965241 (72%)$6,21635 (10%)$12,728
2015-16174 (63%)$8,368171 (62%)$5,88536 (13%)$12,490
2016-17181 (64%)$8,266178 (63%)$5,47148 (17%)$10,882
2017-18197 (66%)$8,444193 (64%)$5,01056 (19%)$12,439
2018-19220 (72%)$8,424216 (71%)$5,34153 (17%)$13,198
2019-20203 (67%)$7,445201 (67%)$5,17845 (15%)$10,456
2020-21159 (67%)$8,536154 (64%)$5,07443 (18%)$13,389
2021-22136 (58%)$9,101132 (56%)$5,06745 (19%)$12,642
Average192 (66.56%)$8,424188 (65.22%)$5,52547 (16.33%)$12,082
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