Applying For Financial Aid
Applying For Financial Aid
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Email
umdhelp@d.umn.edu
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 2019-20 Financial Aid
Profile of 2019-20 Financial Aid
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Freshman
Financial Aid Applicants
1,856 (91.5%) of freshmen
Found to Have Financial Need
1,127 (60.7%) of applicants
Received Financial Aid
1,115 (98.9%) of applicants with financial need
Need Fully Met
337 (30.2%) of aid recipients
Average Percent of Need Met
76%
Average Award
$13,841
Need-Based Gift
Received by 1,034 (92.7%) of aid recipients, average amount $9,026
Need-Based Self-Help
Received by 909 (81.5%) of aid recipients, average amount $7,028
Merit-Based Gift
Received by 272 (24.4%) of aid recipients
459 (22.6%) of freshmen had no financial need and received merit aid, average amount $1,789
All Undergraduates
Financial Aid Applicants
6,874 (81.7%) of undergraduates
Found to Have Financial Need
4,677 (68.0%) of applicants
Received Financial Aid
4,612 (98.6%) of applicants with financial need
Need Fully Met
1,354 (29.4%) of aid recipients
Average Percent of Need Met
73%
Average Award
$13,229
Need-Based Gift
Received by 4,190 (90.8%) of aid recipients, average amount $8,654
Need-Based Self-Help
Received by 3,758 (81.5%) of aid recipients, average amount $6,836
Merit-Based Gift
Received by 935 (20.3%) of aid recipients
1,627 (19.3%) of undergraduates had no financial need and received merit aid, average amount $2,010
All Undergraduates
2018 Graduates Who Took Out Loans
72%
Average Indebtedness of 2018 Graduates
$31,837
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
Not reported
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$894
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 © 2022 Peterson's LLC. All rights reserved.