1,541 students (24% of total 6,515 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Southwest Minnesota State University (Southwest Minnesota State). The average amount of the aid awarded is $6,588.

For the first-time, full-time beginning students (freshmen), 93% of total 319 enrolled students have received any kind of financial aid and its average amount of aid received is $7,455.


All Undergraduate Financial Aid

At Southwest Minnesota State University, 1,541 undergraduate students (24% of total 6,515 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,588.

Financial Aid Statistics (All Undergraduate Students) - Southwest Minnesota State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,54124% $10,151,975$6,588
Pell Grants70411% $3,005,592$4,269
Federal Student Loan99815% $6,735,013$6,749

Beginning Undergraduate Students (Freshmen) Financial Aid

296 beginning undergraduate students (93% of total 319 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Southwest Minnesota State University. The average amount of aid received is $7,455.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Southwest Minnesota State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid29693% --
Grants or Scholarships29091%$2,161,934$7,455
Federal Grants12639%$639,656$5,077
Pell Grants11536%$568,299$4,942
Other Federal Grants6219%$71,357$1,151
State/Local Grants13041%$534,808$4,114
Institutional Grants26382%$987,470$3,755
Student Loan Aid17555%$1,334,704$7,627
Federal Student Loans17354%$938,702$5,426
Other Student Loans4313%$396,002$9,209

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2022-2023 at Southwest Minnesota State University.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level163160$1,245,163$7,639
0-30,0002525$323,985$12,959
30,001-48,0002323$256,138$11,136
48,001-75,0003434$326,013$9,589
75,001-110,0003939$217,836$5,586
110,001 or more4239$121,191$2,886

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