Financial Aid at Minnesota State University-Mankato

Average Amount Received	% Received Financial Aid
$7,300	64%

8,011 students (64% of total 12,613 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Minnesota State University-Mankato.

The average amount of the aid awarded is $7,300. For the first-time, full-time beginning students (freshmen), 90% of total 2,073 enrolled students have received any kind of financial aid and its average amount of aid received is $6,961.

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All Undergraduate Financial Aid

At Minnesota State University-Mankato, 8,011 undergraduate students (64% of total 12,613 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $7,300.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	8,011	64%	$58,476,729	$7,300
Pell Grants	2,814	22%	$11,746,303	$4,174
Federal Student Loan	5,416	43%	$34,880,861	$6,440

Beginning Undergraduate Students (Freshmen) Financial Aid

1,870 beginning undergraduate students (90% of total 2,073 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Minnesota State University-Mankato. The average amount of aid received is $6,961.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	1,870	90%	-	-
Grants or Scholarships	1,515	73%	$10,545,354	$6,961
Federal Grants	995	48%	$5,517,637	$5,545
Pell Grants	484	23%	$2,183,089	$4,511
Other Federal Grants	991	48%	$3,334,548	$3,365
State/Local Grants	672	32%	$2,160,597	$3,215
Institutional Grants	1,097	53%	$2,867,120	$2,614
Student Loan Aid	1,162	56%	$11,052,203	$9,511
Federal Student Loans	1,133	55%	$6,222,715	$5,492
Other Student Loans	393	19%	$4,829,488	$12,289

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Minnesota State University-Mankato.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	1,147	828	$4,602,285	$4,012
0-30,000	118	118	$1,145,683	$9,709
30,001-48,000	124	124	$1,169,903	$9,435
48,001-75,000	188	186	$1,318,672	$7,014
75,001-110,000	223	174	$652,858	$2,928
110,001 or more	494	226	$315,169	$638

Financial Aid at Minnesota State University-Mankato

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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