1,749 students (27% of total 6,546 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 $6,831.

For the first-time, full-time beginning students (freshmen), 95% of total 414 enrolled students have received any kind of financial aid and its average amount of aid received is $7,389.

All Undergraduate Financial Aid

At Southwest Minnesota State University, 1,749 undergraduate students (27% of total 6,546 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,831.

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 Scholarship1,74927% $11,947,235$6,831
Pell Grants67910% $2,771,841$4,082
Federal Student Loan1,01315% $6,489,179$6,406

Beginning Undergraduate Students (Freshmen) Financial Aid

395 beginning undergraduate students (95% of total 414 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 $7,389.

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 Aid39595% --
Grants or Scholarships38994%$2,874,270$7,389
Federal Grants29070%$1,221,426$4,212
Pell Grants13332%$616,521$4,635
Other Federal Grants28970%$604,905$2,093
State/Local Grants12330%$410,954$3,341
Institutional Grants34283%$1,241,890$3,631
Student Loan Aid24459%$1,858,398$7,616
Federal Student Loans22655%$1,154,539$5,109
Other Student Loans6315%$703,859$11,172

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 2021-2022 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 level169162$1,160,922$6,869
0-30,0002020$244,515$12,226
30,001-48,0002524$256,059$10,242
48,001-75,0003535$317,550$9,073
75,001-110,0003534$189,274$5,408
110,001 or more5449$153,524$2,843

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