Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,831, which is 62.56 % of all undergraduate students. 2,726 students which is 34.00% of undergraduate students received federal student loans and the average loan amount is $7,052.

For full-time, first-time beginning students (freshmen), 73.44% of students received grants or scholarships and 28% 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 Minneapolis Community and Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,831, which is 62.56 % of all undergraduate students. 2,726 students which is 34.00% of undergraduate students received federal student loans and the average loan amount is $7,052.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,346 (65%)$3,4655,329 (55%)$3,1754,827 (50%)$7,442
2014-156,048 (65%)$3,5954,909 (53%)$3,2294,289 (46%)$7,700
2015-165,318 (62%)$3,5784,223 (49%)$3,1673,512 (41%)$7,042
2016-174,676 (59%)$3,6703,520 (44%)$3,2442,802 (35%)$6,694
2017-184,434 (59%)$3,6503,376 (45%)$3,3152,452 (33%)$6,528
2018-194,085 (59%)$3,9573,056 (44%)$3,4792,011 (29%)$6,693
2019-204,636 (66%)$3,6953,013 (43%)$3,3771,871 (27%)$6,691
2020-214,051 (63%)$4,0212,461 (38%)$3,3351,534 (24%)$7,181
2021-223,883 (65%)$5,1332,403 (40%)$3,2551,234 (21%)$7,497
Average4,831 (62.56%)$3,8633,588 (45.67%)$3,2862,726 (34.00%)$7,052
*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, 385 (73.44 % of students) received grants or scholarships and its average amount is $5,196. It can cover 84.80% of tuition & fees ($6,128) based on out-of-state rate.

In addition, 153 (27.78 % of students) students get helped from the students loans (average amount : $5,891).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14509 (77%)$4,486290 (44%)$6,353
2014-15488 (75%)$4,884253 (39%)$6,396
2015-16427 (72%)$4,650189 (32%)$5,873
2016-17374 (72%)$4,833150 (29%)$5,551
2017-18394 (74%)$4,906137 (26%)$5,201
2018-19343 (70%)$5,342113 (23%)$5,691
2019-20351 (75%)$5,232112 (24%)$5,540
2020-21305 (72%)$5,41583 (20%)$6,523
2021-22276 (74%)$7,01949 (13%)$5,893
Average385 (73.44%)$5,196153 (27.78%)$5,891
*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, 343 (65.00 % of students) received Pell (federal) grants and its average amount is $4,417.

In addition, 284 students received State/local government grants/scholarships (54.33 % 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
2013-14476 (72%)$4,16928 (4%)$527307 (46%)$9221 (0%)$1,242
2014-15455 (70%)$4,41248 (7%)$806374 (57%)$902--
2015-16380 (64%)$4,26818 (3%)$692336 (57%)$1,045--
2016-17336 (64%)$4,34220 (4%)$774297 (57%)$1,122--
2017-18358 (67%)$4,44149 (9%)$769290 (54%)$1,0059 (2%)$1,570
2018-19304 (62%)$4,71470 (14%)$795277 (56%)$1,15312 (2%)$2,037
2019-20302 (65%)$4,407238 (51%)$871240 (52%)$1,2272 (0%)$1,750
2020-21240 (57%)$4,445250 (59%)$1,034240 (57%)$1,23611 (3%)$2,706
2021-22240 (64%)$4,554229 (61%)$2,572197 (53%)$1,15618 (5%)$1,535
Average343 (65.00%)$4,417106 (23.56%)$982284 (54.33%)$1,0859 (3.00%)$1,807
*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, 153 (27.78 % of students) get any students loan help and its average loan amount is $153.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14290 (44%)$6,353290 (44%)$6,2156 (1%)$6,712
2014-15253 (39%)$6,396252 (39%)$6,2956 (1%)$5,287
2015-16189 (32%)$5,873189 (32%)$5,8311 (0%)$8,000
2016-17150 (29%)$5,551148 (28%)$5,3613 (1%)$13,035
2017-18137 (26%)$5,201137 (26%)$5,1501 (0%)$7,000
2018-19113 (23%)$5,691113 (23%)$5,6201 (0%)$8,000
2019-20112 (24%)$5,540112 (24%)$5,3102 (0%)$12,859
2020-2183 (20%)$6,52382 (19%)$6,2602 (0%)$14,051
2021-2249 (13%)$5,89349 (13%)$5,893--
Average153 (27.78%)$5,891152 (27.56%)$5,7713 (1.00%)$9,368

Ratings & Review

Share your experiences and thoughts about Minneapolis Community and Technical College. It will be a great help to applicants and prospective students!