[Last update: December 11, 2025]

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.


All Undergraduate Financial Aid

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.

Financial Aid Statistics (All Undergraduate Students) - UMTC
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship20,32051% $245,741,770$12,094
Pell Grants6,98218% $40,934,747$5,863
Federal Student Loan11,19328% $69,592,451$6,217

Beginning Undergraduate Students (Freshmen) Financial Aid

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.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - UMTC
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid5,40781% --
Grants or Scholarships4,38365%$55,014,840$12,552
Federal Grants1,58824%$10,256,931$6,459
Pell Grants1,58624%$9,451,006$5,959
Other Federal Grants1,34020%$805,925$601
State/Local Grants2,09131%$15,006,884$7,177
Institutional Grants4,21363%$29,751,025$7,062
Student Loan Aid2,63739%$28,726,041$10,893
Federal Student Loans2,57338%$13,661,536$5,310
Other Student Loans92914%$15,064,505$16,216

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

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.

Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,7742,233$32,938,000$11,874
0-30,000424424$9,222,481$21,751
30,001-48,000361361$7,717,665$21,379
48,001-75,000474474$8,604,142$18,152
75,001-110,000433432$4,807,910$11,104
110,001 or more1,082542$2,585,802$2,390

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