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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 Minneapolis College of Art and Design since 2011.
For that period, the average number of students who received grants aid/scholarships is 638, which is 94.82 % of all undergraduate students. 586 students which is 87.09% of undergraduate students received federal student loans and the average loan amount is $6,722.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12512 (86%)$13,388231 (39%)$3,895520 (88%)$7,732
2012-13550 (92%)$15,018234 (39%)$4,112526 (88%)$7,589
2013-14602 (88%)$15,564239 (35%)$4,274612 (89%)$6,416
2014-15629 (94%)$16,199248 (37%)$4,213565 (84%)$6,544
2015-16651 (96%)$17,615260 (38%)$4,329577 (85%)$7,265
2016-17683 (97%)$18,933293 (42%)$4,293604 (86%)$7,539
2017-18671 (98%)$20,084286 (42%)$4,411606 (88%)$6,222
2018-19710 (96%)$21,287301 (41%)$4,476633 (85%)$5,835
2019-20691 (97%)$21,801264 (37%)$4,557616 (87%)$6,803
2020-21656 (100%)$23,496264 (40%)$4,740594 (90%)$6,452
2021-22665 (99%)$24,195266 (39%)$4,708597 (88%)$5,541
Average638 (94.82%)$18,871262 (39.00%)$4,364586 (87.09%)$6,722

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 139 (98.55 % of students) received grants or scholarships and its average amount is $20,537. It can cover 46.86% of tuition & fees ($43,824).
In addition, 134 (95.36 % of students) students get helped from the students loans (average amount : $7,808).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1274 (89%)$13,01474 (89%)$9,698
2012-13118 (99%)$17,158115 (97%)$7,985
2013-14112 (97%)$17,180109 (95%)$7,545
2014-15120 (100%)$18,877116 (97%)$7,677
2015-16145 (100%)$19,396136 (94%)$7,683
2016-17163 (100%)$20,621154 (94%)$7,943
2017-18133 (100%)$21,246130 (98%)$6,750
2018-19173 (99%)$22,754169 (97%)$7,172
2019-20178 (100%)$23,684173 (97%)$6,862
2020-21154 (100%)$25,957148 (96%)$8,749
2021-22163 (100%)$26,025155 (95%)$7,820
Average139 (98.55%)$20,537134 (95.36%)$7,808
*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 12 years, on average, 56 (40.27 % of students) received Pell (federal) grants and its average amount is $4,403.
In addition, 42 students received State/local government grants/scholarships (29.00 % 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
2011-1237 (45%)$3,7436 (7%)$1,83317 (20%)$3,57874 (89%)$10,172
2012-1354 (45%)$4,4402 (2%)$1,50027 (23%)$3,466118 (99%)$14,308
2013-1438 (33%)$4,6252 (2%)$1,50029 (25%)$4,766112 (97%)$14,350
2014-1551 (43%)$4,38611 (9%)$1,99029 (24%)$4,329120 (100%)$15,784
2015-1661 (42%)$4,3919 (6%)$1,97332 (22%)$4,893145 (100%)$16,347
2016-1755 (34%)$4,20712 (7%)$1,98246 (28%)$5,207163 (100%)$17,586
2017-1852 (39%)$4,3613 (2%)$1,55942 (32%)$5,508133 (100%)$17,766
2018-1967 (39%)$4,16217 (10%)$1,80868 (39%)$4,966173 (99%)$19,012
2019-2063 (35%)$4,92011 (6%)$1,89360 (34%)$5,186178 (100%)$20,077
2020-2168 (44%)$4,7991 (1%)$2,00059 (38%)$5,635154 (100%)$21,666
2021-2271 (44%)$4,4027 (4%)$2,04655 (34%)$5,938163 (100%)$22,016
Average56 (40.27%)$4,4037 (5.09%)$1,82642 (29.00%)$4,861139 (98.55%)$17,189
*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 12 years, on average, 134 (95.36 % of students) get any students loan help and its average loan amount is $134.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1274 (89%)$9,69874 (89%)$5,67622 (27%)$13,530
2012-13115 (97%)$7,985115 (97%)$6,38317 (14%)$10,834
2013-14109 (95%)$7,545109 (95%)$5,75218 (16%)$10,855
2014-15116 (97%)$7,677116 (97%)$6,41413 (11%)$11,268
2015-16136 (94%)$7,683136 (94%)$6,09814 (10%)$15,399
2016-17154 (94%)$7,943154 (94%)$5,44128 (17%)$13,761
2017-18130 (98%)$6,750130 (98%)$4,76221 (16%)$12,306
2018-19169 (97%)$7,172169 (97%)$4,42330 (17%)$15,487
2019-20173 (97%)$6,862173 (97%)$4,64626 (15%)$14,749
2020-21148 (96%)$8,749148 (96%)$5,41631 (20%)$15,914
2021-22155 (95%)$7,820155 (95%)$5,13525 (15%)$16,642
Average134 (95.36%)$7,808134 (95.36%)$5,46822 (16.18%)$13,704

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