Scholarships, Grants, and Loan Trends at U of Minnesota-Duluth

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,991, which is 61.22 % of all undergraduate students. 5,228 students which is 53.22% of undergraduate students received federal student loans and the average loan amount is $6,297.
For full-time, first-time beginning students (freshmen), 71.56% of students received grants or scholarships and 63% 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 University of Minnesota-Duluth since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,991, which is 61.22 % of all undergraduate students. 5,228 students which is 53.22% of undergraduate students received federal student loans and the average loan amount is $6,297.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145,913 (59%)$6,7452,436 (24%)$4,1695,884 (58%)$6,550
2014-155,897 (59%)$7,2302,340 (23%)$4,2895,706 (57%)$6,582
2015-165,802 (59%)$7,3232,208 (22%)$4,3695,469 (56%)$6,447
2016-175,981 (60%)$7,1942,164 (22%)$4,2935,530 (55%)$6,505
2017-186,265 (62%)$7,2412,201 (22%)$4,4025,525 (55%)$6,341
2018-196,278 (63%)$7,5332,241 (22%)$4,6425,364 (54%)$6,095
2019-206,235 (63%)$7,3192,019 (21%)$4,6855,101 (52%)$6,111
2020-215,690 (61%)$7,4701,736 (19%)$4,8224,388 (47%)$6,022
2021-225,858 (65%)$7,6121,713 (19%)$5,4524,088 (45%)$6,019
Average5,991 (61.22%)$7,2962,118 (21.56%)$4,5695,228 (53.22%)$6,297

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

For the last 10 years, on average, 1,478 (71.56 % of students) received grants or scholarships and its average amount is $7,263. It can cover 36.75% of tuition & fees ($19,762) based on out-of-state rate.
In addition, 1,301 (62.78 % of students) students get helped from the students loans (average amount : $8,564).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,210 (59%)$7,2771,351 (66%)$7,250
2014-151,445 (66%)$7,3821,390 (64%)$7,255
2015-161,330 (67%)$7,4981,310 (66%)$7,753
2016-171,503 (71%)$7,1001,416 (67%)$8,846
2017-181,720 (76%)$6,8331,456 (64%)$8,970
2018-191,663 (75%)$7,2381,397 (63%)$9,150
2019-201,496 (74%)$6,8751,279 (63%)$9,385
2020-211,256 (72%)$7,817962 (55%)$9,216
2021-221,677 (84%)$7,3451,144 (57%)$9,247
Average1,478 (71.56%)$7,2631,301 (62.78%)$8,564
*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, 482 (23.11 % of students) received Pell (federal) grants and its average amount is $4,847.
In addition, 727 students received State/local government grants/scholarships (35.11 % 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
2013-14512 (25%)$4,190182 (9%)$611735 (36%)$4,1001,144 (56%)$3,090
2014-15538 (25%)$4,332192 (9%)$501756 (35%)$4,6051,373 (63%)$3,466
2015-16483 (24%)$4,562172 (9%)$533686 (35%)$4,8501,277 (64%)$3,406
2016-17491 (23%)$4,471180 (8%)$628743 (35%)$4,9951,466 (69%)$3,173
2017-18539 (24%)$4,563192 (9%)$705854 (38%)$4,9461,663 (74%)$2,968
2018-19540 (24%)$4,729200 (9%)$726850 (38%)$5,2801,610 (73%)$3,013
2019-20430 (21%)$4,785154 (8%)$703689 (34%)$5,1111,446 (71%)$3,180
2020-21375 (21%)$5,069147 (8%)$1,160565 (32%)$5,4821,222 (70%)$3,805
2021-22429 (21%)$6,922163 (8%)$780666 (33%)$5,6891,650 (83%)$3,292
Average482 (23.11%)$4,847176 (8.56%)$705727 (35.11%)$5,0061,428 (69.22%)$3,266
*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, 1,301 (62.78 % of students) get any students loan help and its average loan amount is $1,301.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,351 (66%)$7,2501,319 (64%)$5,486256 (12%)$9,994
2014-151,390 (64%)$7,2551,368 (63%)$5,511243 (11%)$10,474
2015-161,310 (66%)$7,7531,281 (64%)$5,427279 (14%)$11,484
2016-171,416 (67%)$8,8461,383 (65%)$5,474437 (21%)$11,340
2017-181,456 (64%)$8,9701,421 (63%)$5,456458 (20%)$11,587
2018-191,397 (63%)$9,1501,363 (62%)$5,208483 (22%)$11,768
2019-201,279 (63%)$9,3851,254 (62%)$5,222442 (22%)$12,342
2020-21962 (55%)$9,216919 (52%)$5,124326 (19%)$12,751
2021-221,144 (57%)$9,2471,108 (55%)$5,178366 (18%)$13,226
Average1,301 (62.78%)$8,5641,268 (61.11%)$5,343366 (17.67%)$11,663
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