20,320 students (51% of total 39,556 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of Minnesota-Twin Cities (UMTC). The average amount of the aid awarded is $12,094.
For the first-time, full-time beginning students (freshmen), 81% of total 6,697 enrolled students have received any kind of financial aid and its average amount of aid received is $12,552.
At University of Minnesota-Twin Cities, 20,320 undergraduate students (51% of total 39,556 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $12,094.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 20,320 | 51% | $245,741,770 | $12,094 |
| Pell Grants | 6,982 | 18% | $40,934,747 | $5,863 |
| Federal Student Loan | 11,193 | 28% | $69,592,451 | $6,217 |
5,407 beginning undergraduate students (81% of total 6,697 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of Minnesota-Twin Cities. The average amount of aid received is $12,552.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 5,407 | 81% | - | - |
| Grants or Scholarships | 4,383 | 65% | $55,014,840 | $12,552 |
| Federal Grants | 1,588 | 24% | $10,256,931 | $6,459 |
| Pell Grants | 1,586 | 24% | $9,451,006 | $5,959 |
| Other Federal Grants | 1,340 | 20% | $805,925 | $601 |
| State/Local Grants | 2,091 | 31% | $15,006,884 | $7,177 |
| Institutional Grants | 4,213 | 63% | $29,751,025 | $7,062 |
| Student Loan Aid | 2,637 | 39% | $28,726,041 | $10,893 |
| Federal Student Loans | 2,573 | 38% | $13,661,536 | $5,310 |
| Other Student Loans | 929 | 14% | $15,064,505 | $16,216 |
The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at University of Minnesota-Twin Cities.
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.
| Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
|---|---|---|---|---|
| All level | 2,774 | 2,233 | $32,938,000 | $11,874 |
| 0-30,000 | 424 | 424 | $9,222,481 | $21,751 |
| 30,001-48,000 | 361 | 361 | $7,717,665 | $21,379 |
| 48,001-75,000 | 474 | 474 | $8,604,142 | $18,152 |
| 75,001-110,000 | 433 | 432 | $4,807,910 | $11,104 |
| 110,001 or more | 1,082 | 542 | $2,585,802 | $2,390 |
Share your experiences and thoughts about University of Minnesota-Twin Cities. It will be a great help to applicants and prospective students!