[Last update: December 11, 2025]

1,662 students (24% of total 6,884 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Southwest Minnesota State University (Southwest Minnesota State). The average amount of the aid awarded is $7,386.

For the first-time, full-time beginning students (freshmen), 97% of total 350 enrolled students have received any kind of financial aid and its average amount of aid received is $8,674.

All Undergraduate Financial Aid

At Southwest Minnesota State University, 1,662 undergraduate students (24% of total 6,884 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $7,386.

Financial Aid Statistics (All Undergraduate Students) - Southwest Minnesota State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,66224% $12,275,579$7,386
Pell Grants83112% $3,825,952$4,604
Federal Student Loan1,06115% $7,291,885$6,873

Beginning Undergraduate Students (Freshmen) Financial Aid

338 beginning undergraduate students (97% of total 350 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Southwest Minnesota State University. The average amount of aid received is $8,674.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Southwest Minnesota State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid33897% --
Grants or Scholarships33094%$2,862,351$8,674
Federal Grants15444%$867,505$5,633
Pell Grants15043%$808,756$5,392
Other Federal Grants6017%$58,749$979
State/Local Grants16848%$691,789$4,118
Institutional Grants32192%$1,303,057$4,059
Student Loan Aid20358%$1,480,570$7,293
Federal Student Loans20057%$1,082,852$5,414
Other Student Loans4112%$397,718$9,700

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 Southwest Minnesota State University.

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 level163160$1,245,163$7,639
0-30,0002525$323,985$12,959
30,001-48,0002323$256,138$11,136
48,001-75,0003434$326,013$9,589
75,001-110,0003939$217,836$5,586
110,001 or more4239$121,191$2,886

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