Applying For Financial Aid
Applying For Financial Aid
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Email
onestop@umn.edu
Net Price Calculator
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Application Process
Application Deadline
January 1
Award Notification
On a rolling basis beginning March 1
High School Program
College preparatory program is required
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 003969 Free
Profile of 2020-21 Financial Aid
Profile of 2020-21 Financial Aid
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Freshman
Financial Aid Applicants
4,909 (82.9%) of freshmen
Found to Have Financial Need
2,734 (55.7%) of applicants
Received Financial Aid
2,705 (98.9%) of applicants with financial need
Need Fully Met
786 (29.1%) of aid recipients
Average Percent of Need Met
78%
Average Award
$14,917
Need-Based Gift
Received by 2,455 (90.8%) of aid recipients, average amount $13,077
Need-Based Self-Help
Received by 1,846 (68.2%) of aid recipients, average amount $4,468
Merit-Based Gift
Received by 349 (12.9%) of aid recipients
1,067 (18.0%) of freshmen had no financial need and received merit aid, average amount $5,417
All Undergraduates
Financial Aid Applicants
19,397 (68.0%) of undergraduates
Found to Have Financial Need
12,830 (66.1%) of applicants
Received Financial Aid
12,616 (98.3%) of applicants with financial need
Need Fully Met
3,275 (26.0%) of aid recipients
Average Percent of Need Met
75%
Average Award
$14,114
Need-Based Gift
Received by 11,180 (88.6%) of aid recipients, average amount $11,555
Need-Based Self-Help
Received by 9,266 (73.4%) of aid recipients, average amount $5,275
Merit-Based Gift
Received by 1,216 (9.6%) of aid recipients
3,044 (10.7%) of undergraduates had no financial need and received merit aid, average amount $5,090
All Undergraduates
2018 Graduates Who Took Out Loans
54%
Average Indebtedness of 2018 Graduates
$26,644
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
Federal Nursing Loans
State Loans
Available
Other Loans
College/University Loans
Health Professions Student Loans (Hpsl)
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
ROTC Scholarships
academic merit scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Agriculture
Architecture
Area/Ethnic Studies
Biological Sciences
Business
Communication
Computer Science
Education
Engineering/Technologies
English
Foreign Languages
Health Fields
Home Economics
Humanities
International Studies
Library Science
Mathematics
Military Science
Physical Sciences
Premedicine
Religion/Biblical Studies
Social Sciences
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Hobbies/Interests
Leadership
Number of Awards
Not reported
Special Characteristics Award Areas
Local/State Students
Members of Minorities
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other 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 2020-21 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2021 Peterson's LLC. All rights reserved.