Applying For Financial Aid
Applying For Financial Aid
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Email
umdhelp@d.umn.edu
Net Price Calculator
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Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis beginning February 1
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 002388 Free
Profile of 2022-23 Financial Aid
Profile of 2022-23 Financial Aid
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Freshman
Financial Aid Applicants
1,774 (90.7%) of freshmen
Found to Have Financial Need
1,004 (56.6%) of applicants
Received Financial Aid
998 (99.4%) of applicants with financial need
Need Fully Met
356 (35.7%) of aid recipients
Average Percent of Need Met
80%
Average Award
$15,581
Need-Based Gift
Received by 978 (98.0%) of aid recipients, average amount $10,497
Need-Based Self-Help
Received by 767 (76.9%) of aid recipients, average amount $7,299
Merit-Based Gift
Received by 298 (29.9%) of aid recipients
780 (39.9%) of freshmen had no financial need and received merit aid, average amount $2,023
All Undergraduates
Financial Aid Applicants
5,799 (79.3%) of undergraduates
Found to Have Financial Need
3,573 (61.6%) of applicants
Received Financial Aid
3,530 (98.8%) of applicants with financial need
Need Fully Met
1,166 (33.0%) of aid recipients
Average Percent of Need Met
76%
Average Award
$14,633
Need-Based Gift
Received by 3,310 (93.8%) of aid recipients, average amount $10,309
Need-Based Self-Help
Received by 2,650 (75.1%) of aid recipients, average amount $6,983
Merit-Based Gift
Received by 839 (23.8%) of aid recipients
2,184 (29.9%) of undergraduates had no financial need and received merit aid, average amount $2,208
All Undergraduates
2024 Graduates Who Took Out Loans
68%
Average Indebtedness of 2024 Graduates
$31,677
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
State Loans
Available
Other Loans
College/University Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Ethnic Background
First-Generation College Students
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$1,271
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2023-24 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2024 Peterson's LLC. All rights reserved.