Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 361, which is 84.33 % of all undergraduate students. 353 students which is 84.00% of undergraduate students received federal student loans and the average loan amount is $9,549.

For full-time, first-time beginning students (freshmen), 90.22% of students received grants or scholarships and 84% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Herzing University-Minneapolis since 2013.

For that period, the average number of students who received grants aid/scholarships is 361, which is 84.33 % of all undergraduate students. 353 students which is 84.00% of undergraduate students received federal student loans and the average loan amount is $9,549.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14203 (77%)$5,182153 (58%)$3,942215 (82%)$8,417
2014-15203 (77%)$5,563163 (62%)$4,040222 (84%)$10,477
2015-16242 (84%)$5,733182 (63%)$4,041247 (86%)$9,743
2016-17257 (83%)$6,599188 (61%)$4,175270 (87%)$9,518
2017-18335 (90%)$6,886232 (62%)$4,555316 (85%)$8,997
2018-19389 (89%)$8,190276 (63%)$4,473368 (85%)$10,018
2019-20451 (88%)$6,928285 (55%)$4,496446 (87%)$9,966
2020-21549 (89%)$6,203364 (59%)$4,486503 (81%)$9,275
2021-22617 (82%)$6,816412 (55%)$4,323589 (79%)$9,528
Average361 (84.33%)$6,456251 (59.78%)$4,281353 (84.00%)$9,549
*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.

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

For the last 10 years, on average, 27 (90.22 % of students) received grants or scholarships and its average amount is $7,280. It can cover 54.25% of tuition & fees ($13,420).

In addition, 24 (83.78 % of students) students get helped from the students loans (average amount : $9,055).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-145 (83%)$4,2165 (83%)$8,800
2014-1517 (100%)$6,35112 (71%)$10,329
2015-169 (90%)$9,1018 (80%)$9,635
2016-1729 (94%)$7,66327 (87%)$8,813
2017-1829 (85%)$8,13231 (91%)$8,888
2018-1926 (87%)$8,75526 (87%)$9,391
2019-206 (86%)$5,6637 (100%)$8,666
2020-2153 (96%)$7,87444 (80%)$9,303
2021-2272 (91%)$7,76459 (75%)$7,669
Average27 (90.22%)$7,28024 (83.78%)$9,055
*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, 21 (71.67 % of students) received Pell (federal) grants and its average amount is $4,628.

In addition, 19 students received State/local government grants/scholarships (68.78 % 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
2013-144 (67%)$1,733--4 (67%)$3,5241 (17%)$50
2014-159 (53%)$4,9257 (41%)$12914 (82%)$3,6463 (18%)$3,902
2015-169 (90%)$4,8547 (70%)$3218 (80%)$2,4221 (10%)$16,605
2016-1723 (74%)$5,44716 (52%)$23624 (77%)$2,9419 (29%)$2,508
2017-1821 (62%)$5,59313 (38%)$23822 (65%)$2,51023 (68%)$2,612
2018-1922 (73%)$4,86413 (43%)$33819 (63%)$3,56214 (47%)$3,467
2019-206 (86%)$3,6705 (71%)$1205 (71%)$6894 (57%)$1,978
2020-2141 (75%)$5,61128 (51%)$38829 (53%)$2,88821 (38%)$4,413
2021-2251 (65%)$4,95131 (39%)$30648 (61%)$3,23254 (68%)$2,627
Average21 (71.67%)$4,62815 (50.63%)$26019 (68.78%)$2,82414 (39.11%)$4,240
*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, 24 (83.78 % of students) get any students loan help and its average loan amount is $24.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-145 (83%)$8,8005 (83%)$5,8661 (17%)$14,671
2014-1512 (71%)$10,32911 (65%)$10,9811 (6%)$3,153
2015-168 (80%)$9,6358 (80%)$8,7891 (10%)$6,770
2016-1727 (87%)$8,81327 (87%)$8,813--
2017-1831 (91%)$8,88831 (91%)$7,9704 (12%)$7,117
2018-1926 (87%)$9,39126 (87%)$8,2773 (10%)$9,651
2019-207 (100%)$8,6667 (100%)$7,5141 (14%)$8,066
2020-2144 (80%)$9,30344 (80%)$8,9063 (5%)$5,831
2021-2259 (75%)$7,66957 (72%)$6,9158 (10%)$7,292
Average24 (83.78%)$9,05524 (82.78%)$8,2263 (10.50%)$7,819

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