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 2019-20 Financial Aid
Profile of 2019-20 Financial Aid
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Freshman
Financial Aid Applicants
5,095 (81.4%) of freshmen
Found to Have Financial Need
2,956 (58.0%) of applicants
Received Financial Aid
2,932 (99.2%) of applicants with financial need
Need Fully Met
805 (27.5%) of aid recipients%
Average Percent of Need Met
77%
Average Award
$14,956
Need-Based Gift
Received by 2,601 (88.7%) of aid recipients, average amount $12,676
Need-Based Self-Help
Received by 2,293 (78.2%) of aid recipients, average amount $4,745
Merit-Based Gift
Received by 297 (10.1%) of aid recipients
Merit-Based Gift
Received by 297 (10.1%) of aid recipients
966 (15.4%) of freshmen had no financial need and received merit aid, average amount $6,116
All Undergraduates
Financial Aid Applicants
19,844 (67.9%) of undergraduates
Found to Have Financial Need
13,501 (68.0%) of applicants
Received Financial Aid
13,307 (98.6%) of applicants with financial need
Need Fully Met
3,335 (25.1%) of aid recipients%
Average Percent of Need Met
74%
Average Award
$14,347
Need-Based Gift
Received by 11,630 (87.4%) of aid recipients, average amount $11,235
Need-Based Self-Help
Received by 10,756 (80.8%) of aid recipients, average amount $5,602
Merit-Based Gift
Received by 984 (7.4%) of aid recipients
2,778 (9.5%) of undergraduates had no financial need and received merit aid, average amount $5,200
All Undergraduates
2018 Graduates Who Took Out Loans
55%
Average Indebtedness of 2018 Graduates
$27,077
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 2019-20 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.