Applying For Financial Aid
Applying For Financial Aid
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Email
umr1stop@r.umn.edu
Net Price Calculator
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Application Process
Application Deadline
Rolling
Award Notification
On a rolling basis beginning March 20
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Free
Profile of 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
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Freshman
Financial Aid Applicants
146 (90.1%) of freshmen
Found to Have Financial Need
103 (70.5%) of applicants
Received Financial Aid
103 (100.0%) of applicants with financial need
Need Fully Met
36 (35.0%) of aid recipients
Average Percent of Need Met
89%
Average Award
$18,702
Need-Based Gift
Received by 96 (93.2%) of aid recipients, average amount $16,209
Need-Based Self-Help
Received by 80 (77.7%) of aid recipients, average amount $4,628
Merit-Based Gift
Received by 10 (9.7%) of aid recipients
23 (14.2%) of freshmen had no financial need and received merit aid, average amount $5,685
All Undergraduates
Financial Aid Applicants
464 (86.2%) of undergraduates
Found to Have Financial Need
353 (76.1%) of applicants
Received Financial Aid
351 (99.4%) of applicants with financial need
Need Fully Met
119 (33.9%) of aid recipients
Average Percent of Need Met
85%
Average Award
$18,694
Need-Based Gift
Received by 335 (95.4%) of aid recipients, average amount $15,233
Need-Based Self-Help
Received by 265 (75.5%) of aid recipients, average amount $5,504
Merit-Based Gift
Received by 44 (12.5%) of aid recipients
59(11.0%)of undergraduates had no financial need and received merit aid,average amount $3,894
All Undergraduates
2024 Graduates Who Took Out Loans
56%
Average Indebtedness of 2024 Graduates
$28,037
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Federal Perkins 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
U Promise Plus
Native American Promise Tuition Program
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
Not reported
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
Average Earnings from On-Campus Employment
Not reported
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 © 2025 Peterson's LLC. All rights reserved.