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 required
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 002388 Free
Profile of 2021-22 Financial Aid
Profile of 2021-22 Financial Aid
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Freshman
Financial Aid Applicants
1,792 (89.6%) of freshmen
Found to Have Financial Need
1,024 (57.1%) of applicants
Received Financial Aid
1,020 (99.6%) of applicants with financial need
Need Fully Met
324 (31.8%) of aid recipients
Average Percent of Need Met
78%
Average Award
$14,195
Need-Based Gift
Received by 994 (97.5%) of aid recipients, average amount $9,978
Need-Based Self-Help
Received by 746 (73.1%) of aid recipients, average amount $6,423
Merit-Based Gift
Received by 252 (24.7%) of aid recipients
682 (34.1%) of freshmen had no financial need and received merit aid, average amount $1,795
All Undergraduates
Financial Aid Applicants
6,000 (79.0%) of undergraduates
Found to Have Financial Need
3,764 (62.7%) of applicants
Received Financial Aid
3,718 (98.8%) of applicants with financial need
Need Fully Met
1,112 (29.9%) of aid recipients
Average Percent of Need Met
74%
Average Award
$13,480
Need-Based Gift
Received by 3,477 (93.5%) of aid recipients, average amount $9,417
Need-Based Self-Help
Received by 2,745 (73.8%) of aid recipients, average amount $6,613
Merit-Based Gift
Received by 767 (20.6%) of aid recipients
2,020 (26.6%) of undergraduates had no financial need and received merit aid, average amount $2,164
All Undergraduates
2018 Graduates Who Took Out Loans
69%
Average Indebtedness of 2018 Graduates
$32,042
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 2022-23 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2023 Peterson's LLC. All rights reserved.