Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 93.44% of students received grants or scholarships and 56% 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 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,479 (76%)$8,718577 (30%)$4,313970 (50%)$6,038
2014-151,469 (77%)$10,964533 (28%)$4,463940 (49%)$5,755
2015-161,414 (76%)$11,632551 (30%)$4,543857 (46%)$5,935
2016-171,574 (89%)$10,696533 (30%)$4,571816 (46%)$5,757
2017-181,406 (86%)$11,554540 (33%)$4,570723 (44%)$5,707
2018-191,330 (86%)$12,276479 (31%)$4,708728 (47%)$5,505
2019-201,260 (84%)$12,828471 (31%)$4,869680 (45%)$5,710
2020-211,143 (85%)$13,493390 (29%)$5,085526 (39%)$5,672
2021-221,099 (85%)$13,154356 (28%)$5,218506 (39%)$5,613
Average1,353 (82.67%)$11,702492 (30.00%)$4,704750 (45.00%)$5,744
*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, 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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14420 (90%)$8,878300 (64%)$7,631
2014-15368 (90%)$11,340239 (58%)$7,769
2015-16365 (88%)$11,500238 (57%)$8,317
2016-17361 (96%)$11,572224 (60%)$5,999
2017-18338 (96%)$12,065181 (51%)$6,102
2018-19348 (95%)$12,038226 (61%)$6,975
2019-20305 (96%)$13,541164 (52%)$10,137
2020-21258 (97%)$12,817126 (47%)$7,776
2021-22269 (93%)$13,964148 (51%)$8,026
Average337 (93.44%)$11,968205 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14161 (34%)$4,18692 (20%)$1,325208 (44%)$4,237417 (89%)$4,920
2014-15136 (33%)$4,547100 (24%)$1,572159 (39%)$4,541363 (88%)$7,371
2015-16144 (35%)$4,497129 (31%)$1,816174 (42%)$4,802359 (87%)$6,908
2016-17130 (35%)$4,612106 (28%)$1,504179 (48%)$4,832361 (96%)$7,074
2017-18137 (39%)$4,734105 (30%)$1,566167 (47%)$4,999338 (96%)$7,190
2018-19127 (35%)$4,398116 (32%)$1,524160 (43%)$5,307347 (94%)$7,506
2019-20125 (39%)$5,081107 (34%)$1,649144 (45%)$5,493301 (95%)$8,397
2020-2181 (30%)$5,58957 (21%)$2,18695 (36%)$5,306254 (95%)$8,762
2021-2283 (29%)$5,30882 (28%)$1,987123 (42%)$5,293265 (91%)$9,441
Average125 (34.33%)$4,77299 (27.56%)$1,681157 (42.89%)$4,979334 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14300 (64%)$7,631296 (63%)$5,38581 (17%)$8,583
2014-15239 (58%)$7,769237 (58%)$5,00275 (18%)$8,950
2015-16238 (57%)$8,317230 (55%)$5,38278 (19%)$9,510
2016-17224 (60%)$5,999221 (59%)$5,08321 (6%)$10,497
2017-18181 (51%)$6,102176 (50%)$4,99723 (7%)$9,784
2018-19226 (61%)$6,975220 (60%)$4,93756 (15%)$8,754
2019-20164 (52%)$10,137160 (50%)$7,59941 (13%)$10,896
2020-21126 (47%)$7,776123 (46%)$4,95934 (13%)$10,876
2021-22148 (51%)$8,026146 (50%)$4,97641 (14%)$11,254
Average205 (55.67%)$7,637201 (54.56%)$5,36950 (13.56%)$9,900

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