How U of Minnesota-Morris'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-Morris since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,353, which is 82.67 % of all undergraduate students. 750 students which is 45.00% of undergraduate students received federal student loans and the average loan amount is $5,744.

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	1,479 (76%)	$8,718	577 (30%)	$4,313	970 (50%)	$6,038
2014-15	1,469 (77%)	$10,964	533 (28%)	$4,463	940 (49%)	$5,755
2015-16	1,414 (76%)	$11,632	551 (30%)	$4,543	857 (46%)	$5,935
2016-17	1,574 (89%)	$10,696	533 (30%)	$4,571	816 (46%)	$5,757
2017-18	1,406 (86%)	$11,554	540 (33%)	$4,570	723 (44%)	$5,707
2018-19	1,330 (86%)	$12,276	479 (31%)	$4,708	728 (47%)	$5,505
2019-20	1,260 (84%)	$12,828	471 (31%)	$4,869	680 (45%)	$5,710
2020-21	1,143 (85%)	$13,493	390 (29%)	$5,085	526 (39%)	$5,672
2021-22	1,099 (85%)	$13,154	356 (28%)	$5,218	506 (39%)	$5,613
Average	1,353 (82.67%)	$11,702	492 (30.00%)	$4,704	750 (45.00%)	$5,744

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

Overview

For the last 10 years, on average, 337 (93.44 % of students) received grants or scholarships and its average amount is $11,968. It can cover 72.81% of tuition & fees ($16,437) based on out-of-state rate.

In addition, 205 (55.67 % of students) students get helped from the students loans (average amount : $7,637).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	420 (90%)	$8,878	300 (64%)	$7,631
2014-15	368 (90%)	$11,340	239 (58%)	$7,769
2015-16	365 (88%)	$11,500	238 (57%)	$8,317
2016-17	361 (96%)	$11,572	224 (60%)	$5,999
2017-18	338 (96%)	$12,065	181 (51%)	$6,102
2018-19	348 (95%)	$12,038	226 (61%)	$6,975
2019-20	305 (96%)	$13,541	164 (52%)	$10,137
2020-21	258 (97%)	$12,817	126 (47%)	$7,776
2021-22	269 (93%)	$13,964	148 (51%)	$8,026
Average	337 (93.44%)	$11,968	205 (55.67%)	$7,637

^*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, 125 (34.33 % of students) received Pell (federal) grants and its average amount is $4,772.

In addition, 157 students received State/local government grants/scholarships (42.89 % 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	161 (34%)	$4,186	92 (20%)	$1,325	208 (44%)	$4,237	417 (89%)	$4,920
2014-15	136 (33%)	$4,547	100 (24%)	$1,572	159 (39%)	$4,541	363 (88%)	$7,371
2015-16	144 (35%)	$4,497	129 (31%)	$1,816	174 (42%)	$4,802	359 (87%)	$6,908
2016-17	130 (35%)	$4,612	106 (28%)	$1,504	179 (48%)	$4,832	361 (96%)	$7,074
2017-18	137 (39%)	$4,734	105 (30%)	$1,566	167 (47%)	$4,999	338 (96%)	$7,190
2018-19	127 (35%)	$4,398	116 (32%)	$1,524	160 (43%)	$5,307	347 (94%)	$7,506
2019-20	125 (39%)	$5,081	107 (34%)	$1,649	144 (45%)	$5,493	301 (95%)	$8,397
2020-21	81 (30%)	$5,589	57 (21%)	$2,186	95 (36%)	$5,306	254 (95%)	$8,762
2021-22	83 (29%)	$5,308	82 (28%)	$1,987	123 (42%)	$5,293	265 (91%)	$9,441
Average	125 (34.33%)	$4,772	99 (27.56%)	$1,681	157 (42.89%)	$4,979	334 (92.33%)	$7,508

^*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, 205 (55.67 % of students) get any students loan help and its average loan amount is $205.

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	300 (64%)	$7,631	296 (63%)	$5,385	81 (17%)	$8,583
2014-15	239 (58%)	$7,769	237 (58%)	$5,002	75 (18%)	$8,950
2015-16	238 (57%)	$8,317	230 (55%)	$5,382	78 (19%)	$9,510
2016-17	224 (60%)	$5,999	221 (59%)	$5,083	21 (6%)	$10,497
2017-18	181 (51%)	$6,102	176 (50%)	$4,997	23 (7%)	$9,784
2018-19	226 (61%)	$6,975	220 (60%)	$4,937	56 (15%)	$8,754
2019-20	164 (52%)	$10,137	160 (50%)	$7,599	41 (13%)	$10,896
2020-21	126 (47%)	$7,776	123 (46%)	$4,959	34 (13%)	$10,876
2021-22	148 (51%)	$8,026	146 (50%)	$4,976	41 (14%)	$11,254
Average	205 (55.67%)	$7,637	201 (54.56%)	$5,369	50 (13.56%)	$9,900

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

All Undergraduate Students Financial Aid Over Time

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