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 2020-21 Financial Aid
Profile of 2020-21 Financial Aid
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Freshman
Financial Aid Applicants
1,569 (89.5%) of freshmen
Found to Have Financial Need
915 (58.3%) of applicants
Received Financial Aid
893 (97.6%) of applicants with financial need
Need Fully Met
265 (29.7%) of aid recipients
Average Percent of Need Met
75%
Average Award
$13,677
Need-Based Gift
Received by 852 (95.4%) of aid recipients, average amount $10,016
Need-Based Self-Help
Received by 628 (70.3%) of aid recipients, average amount $6,144
Merit-Based Gift
Received by 204 (22.8%) of aid recipients
415 (23.7%) of freshmen had no financial need and received merit aid, average amount $2,136
All Undergraduates
Financial Aid Applicants
6,296 (80.4%) of undergraduates
Found to Have Financial Need
4,093 (65.0%) of applicants
Received Financial Aid
3,994 (97.6%) of applicants with financial need
Need Fully Met
1,181 (29.6%) of aid recipients
Average Percent of Need Met
72%
Average Award
$12,833
Need-Based Gift
Received by 3,649 (91.4%) of aid recipients, average amount $9,049
Need-Based Self-Help
Received by 3,013 (75.4%) of aid recipients, average amount $6,371
Merit-Based Gift
Received by 775 (19.4%) of aid recipients
1,674 (21.4%) of undergraduates had no financial need and received merit aid, average amount $2,128
All Undergraduates
2018 Graduates Who Took Out Loans
71%
Average Indebtedness of 2018 Graduates
$31,018
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
$920
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2021-22 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2022 Peterson's LLC. All rights reserved.