How U of Minnesota-Duluth'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 University of Minnesota-Duluth since 2013.

For that period, the average number of students who received grants aid/scholarships is 5,973, which is 61.70 % of all undergraduate students. 5,108 students which is 52.50% of undergraduate students received federal student loans and the average loan amount is $6,272.

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	5,913 (59%)	$6,745	2,436 (24%)	$4,169	5,884 (58%)	$6,550
2014-15	5,897 (59%)	$7,230	2,340 (23%)	$4,289	5,706 (57%)	$6,582
2015-16	5,802 (59%)	$7,323	2,208 (22%)	$4,369	5,469 (56%)	$6,447
2016-17	5,981 (60%)	$7,194	2,164 (22%)	$4,293	5,530 (55%)	$6,505
2017-18	6,265 (62%)	$7,241	2,201 (22%)	$4,402	5,525 (55%)	$6,341
2018-19	6,278 (63%)	$7,533	2,241 (22%)	$4,642	5,364 (54%)	$6,095
2019-20	6,235 (63%)	$7,319	2,019 (21%)	$4,685	5,101 (52%)	$6,111
2020-21	5,690 (61%)	$7,470	1,736 (19%)	$4,822	4,388 (47%)	$6,022
2021-22	5,858 (65%)	$7,612	1,713 (19%)	$5,452	4,088 (45%)	$6,019
2022-23	5,814 (66%)	$7,795	1,607 (18%)	$5,284	4,024 (46%)	$6,045
Average	5,973 (61.70%)	$7,346	2,067 (21.20%)	$4,641	5,108 (52.50%)	$6,272

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

Overview

For the last 11 years, on average, 1,506 (73.40 % of students) received grants or scholarships and its average amount is $7,220. It can cover 36.53% of tuition & fees ($19,762) based on out-of-state rate.

In addition, 1,287 (62.50 % of students) students get helped from the students loans (average amount : $8,675).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,210 (59%)	$7,277	1,351 (66%)	$7,250
2014-15	1,445 (66%)	$7,382	1,390 (64%)	$7,255
2015-16	1,330 (67%)	$7,498	1,310 (66%)	$7,753
2016-17	1,503 (71%)	$7,100	1,416 (67%)	$8,846
2017-18	1,720 (76%)	$6,833	1,456 (64%)	$8,970
2018-19	1,663 (75%)	$7,238	1,397 (63%)	$9,150
2019-20	1,496 (74%)	$6,875	1,279 (63%)	$9,385
2020-21	1,256 (72%)	$7,817	962 (55%)	$9,216
2021-22	1,677 (84%)	$7,345	1,144 (57%)	$9,247
2022-23	1,763 (90%)	$6,833	1,165 (60%)	$9,681
Average	1,506 (73.40%)	$7,220	1,287 (62.50%)	$8,675

^*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 11 years, on average, 474 (22.90 % of students) received Pell (federal) grants and its average amount is $4,889.

In addition, 717 students received State/local government grants/scholarships (34.80 % 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	512 (25%)	$4,190	182 (9%)	$611	735 (36%)	$4,100	1,144 (56%)	$3,090
2014-15	538 (25%)	$4,332	192 (9%)	$501	756 (35%)	$4,605	1,373 (63%)	$3,466
2015-16	483 (24%)	$4,562	172 (9%)	$533	686 (35%)	$4,850	1,277 (64%)	$3,406
2016-17	491 (23%)	$4,471	180 (8%)	$628	743 (35%)	$4,995	1,466 (69%)	$3,173
2017-18	539 (24%)	$4,563	192 (9%)	$705	854 (38%)	$4,946	1,663 (74%)	$2,968
2018-19	540 (24%)	$4,729	200 (9%)	$726	850 (38%)	$5,280	1,610 (73%)	$3,013
2019-20	430 (21%)	$4,785	154 (8%)	$703	689 (34%)	$5,111	1,446 (71%)	$3,180
2020-21	375 (21%)	$5,069	147 (8%)	$1,160	565 (32%)	$5,482	1,222 (70%)	$3,805
2021-22	429 (21%)	$6,922	163 (8%)	$780	666 (33%)	$5,689	1,650 (83%)	$3,292
2022-23	403 (21%)	$5,266	189 (10%)	$888	629 (32%)	$6,145	1,743 (89%)	$3,381
Average	474 (22.90%)	$4,889	177 (8.70%)	$724	717 (34.80%)	$5,120	1,459 (71.20%)	$3,277

^*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 11 years, on average, 1,287 (62.50 % of students) get any students loan help and its average loan amount is $1,287.

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	1,351 (66%)	$7,250	1,319 (64%)	$5,486	256 (12%)	$9,994
2014-15	1,390 (64%)	$7,255	1,368 (63%)	$5,511	243 (11%)	$10,474
2015-16	1,310 (66%)	$7,753	1,281 (64%)	$5,427	279 (14%)	$11,484
2016-17	1,416 (67%)	$8,846	1,383 (65%)	$5,474	437 (21%)	$11,340
2017-18	1,456 (64%)	$8,970	1,421 (63%)	$5,456	458 (20%)	$11,587
2018-19	1,397 (63%)	$9,150	1,363 (62%)	$5,208	483 (22%)	$11,768
2019-20	1,279 (63%)	$9,385	1,254 (62%)	$5,222	442 (22%)	$12,342
2020-21	962 (55%)	$9,216	919 (52%)	$5,124	326 (19%)	$12,751
2021-22	1,144 (57%)	$9,247	1,108 (55%)	$5,178	366 (18%)	$13,226
2022-23	1,165 (60%)	$9,681	1,122 (57%)	$5,234	393 (20%)	$13,753
Average	1,287 (62.50%)	$8,675	1,254 (60.70%)	$5,332	368 (17.90%)	$11,872

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

All Undergraduate Students Financial Aid Over Time

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