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 recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA Code is 003969 Free
Profile of 2023-24 Financial Aid
Profile of 2023-24 Financial Aid
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Freshman
Financial Aid Applicants
5,512 (82.3%) of freshmen
Found to Have Financial Need
3,405 (61.8%) of applicants
Received Financial Aid
3,380 (99.3%) of applicants with financial need
Need Fully Met
918 (27.2%) of aid recipients
Average Percent of Need Met
77%
Average Award
$17,880
Need-Based Gift
Received by 3,028 (89.6%) of aid recipients, average amount $15,530
Need-Based Self-Help
Received by 2,661 (78.7%) of aid recipients, average amount $5,040
Merit-Based Gift
Received by 304 (9.0%) of aid recipients
988 (14.8%) of freshmen had no financial need and received merit aid, average amount $5,481
All Undergraduates
Financial Aid Applicants
19,666 (68.9%) of undergraduates
Found to Have Financial Need
13,646 (69.4%) of applicants
Received Financial Aid
13,457 (98.6%) of applicants with financial need
Need Fully Met
3,624 (26.9%) of aid recipients
Average Percent of Need Met
77%
Average Award
$17,405
Need-Based Gift
Received by 11,985 (89.1%) of aid recipients, average amount $14,537
Need-Based Self-Help
Received by 10,489 (77.9%) of aid recipients, average amount $5,720
Merit-Based Gift
Received by 1,212 (9.0%) of aid recipients
2,663 (9.3%) of undergraduates had no financial need and received merit aid, average amount $5,745
All Undergraduates
2024 Graduates Who Took Out Loans
46%
Average Indebtedness of 2024 Graduates
$26,841
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 Profession Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
ROTC Scholarship
Academic Merit Scholarship
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 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.