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All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Minnesota Colleges since 2012. For that period, the average number of students who received grants aid/scholarships is 2,524, which is 73.00 % of all undergraduate students. 2,061 students which is 58.10% of undergraduate students received federal student loans and the average loan amount: $7,063.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-132,617 (73%)$10,8391,308 (37%)$3,7622,471 (66%)$7,177
2013-142,592 (73%)$11,4131,257 (36%)$3,8102,357 (64%)$7,240
2014-152,487 (72%)$11,4511,198 (34%)$3,8082,261 (61%)$7,148
2015-162,433 (72%)$12,0141,130 (33%)$3,9292,172 (61%)$7,268
2016-172,438 (70%)$12,6171,082 (32%)$3,9502,115 (59%)$7,106
2017-182,375 (73%)$13,6261,068 (34%)$4,1731,976 (59%)$7,197
2018-192,464 (72%)$14,2281,094 (31%)$4,3312,009 (56%)$6,895
2019-202,694 (74%)$14,9851,062 (30%)$4,3121,863 (54%)$6,885
2020-212,580 (75%)$15,645998 (29%)$4,5561,737 (52%)$6,936
2021-222,558 (76%)$15,929980 (29%)$4,4621,648 (49%)$6,779
Average2,524 (73.00%)$13,2751,118 (32.50%)$4,1092,061 (58.10%)$7,063

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

OverviewGrants/ScholarshipStudent Loans
For the last 10 years, on average, 472 (87.00 % of students) received grants or scholarships and its average amount is $14,781. It can cover 99.61% of tuition & fees ($14,839) based on out-of-state rate. In addition, 374 (67.50 % of students) students get helped from the students loans (average amount : $8,301).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2012-13469 (85%)$12,259412 (72%)$8,216
2013-14474 (84%)$12,406408 (70%)$8,328
2014-15466 (86%)$13,253399 (73%)$8,417
2015-16453 (83%)$13,593378 (67%)$8,288
2016-17500 (87%)$14,549406 (67%)$7,858
2017-18474 (89%)$15,120367 (70%)$8,503
2018-19487 (87%)$15,992391 (67%)$8,088
2019-20507 (91%)$16,370362 (66%)$8,604
2020-21434 (89%)$17,072312 (62%)$8,509
2021-22455 (89%)$17,194309 (61%)$8,194
Average472 (87.00%)$14,781374 (67.50%)$8,301
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 169 (37.90 % of students) received Pell (federal) grants and its average amount is $4,350. In addition, 209 students received State/local government grants/scholarships (38.00 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2012-13182 (40%)$4,11091 (13%)$1,640208 (37%)$3,219428 (74%)$9,808
2013-14181 (38%)$4,01490 (12%)$1,783210 (36%)$3,417440 (76%)$10,122
2014-15172 (39%)$4,11588 (15%)$1,680209 (38%)$3,668436 (78%)$10,799
2015-16163 (37%)$4,12783 (17%)$1,628192 (34%)$3,944430 (76%)$11,463
2016-17173 (36%)$4,16484 (14%)$1,720211 (36%)$4,277454 (79%)$11,594
2017-18167 (40%)$4,42885 (16%)$1,740215 (40%)$4,456455 (81%)$12,196
2018-19177 (39%)$4,50884 (15%)$1,704233 (42%)$4,642447 (76%)$12,628
2019-20168 (39%)$4,531272 (49%)$1,414219 (42%)$4,577431 (76%)$12,967
2020-21150 (36%)$4,736191 (39%)$1,485198 (37%)$4,786399 (79%)$13,699
2021-22152 (35%)$4,765186 (34%)$1,902199 (38%)$4,914451 (83%)$14,249
Average169 (37.90%)$4,350125 (22.40%)$1,670209 (38.00%)$4,190437 (77.80%)$11,953
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 374 (67.50 % of students) get any students loan help and its average loan amount is $374.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2012-13412 (72%)$8,216404 (71%)$6,089120 (18%)$9,455
2013-14408 (70%)$8,328400 (68%)$5,894120 (19%)$10,141
2014-15399 (73%)$8,417392 (71%)$6,091120 (19%)$9,880
2015-16378 (67%)$8,288370 (66%)$5,829130 (19%)$11,003
2016-17406 (67%)$7,858398 (66%)$5,584126 (17%)$10,817
2017-18367 (70%)$8,503359 (69%)$5,843117 (18%)$10,720
2018-19391 (67%)$8,088383 (66%)$5,430141 (19%)$11,644
2019-20362 (66%)$8,604354 (65%)$5,527119 (18%)$11,747
2020-21312 (62%)$8,509304 (61%)$5,587102 (16%)$11,899
2021-22309 (61%)$8,194301 (59%)$5,413102 (15%)$12,153
Average374 (67.50%)$8,301367 (66.20%)$5,729120 (17.80%)$10,946
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