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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 Minnesota State University-Mankato since 2011.
For that period, the average number of students who received grants aid/scholarships is 7,126, which is 54.73 % of all undergraduate students. 7,065 students which is 53.82% of undergraduate students received federal student loans and the average loan amount is $6,442.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-126,457 (47%)$4,4603,933 (29%)$3,7718,390 (61%)$6,515
2012-136,544 (48%)$4,9093,944 (29%)$3,8458,009 (59%)$6,562
2013-146,581 (49%)$4,8613,887 (29%)$3,9177,943 (59%)$6,652
2014-156,459 (48%)$5,0763,772 (28%)$3,9137,794 (58%)$6,513
2015-166,318 (48%)$5,0753,606 (27%)$3,9737,482 (56%)$6,463
2016-176,487 (49%)$5,2163,455 (26%)$3,9287,217 (55%)$6,513
2017-186,870 (54%)$5,4713,483 (27%)$4,0176,812 (53%)$6,417
2018-196,768 (54%)$5,6243,179 (25%)$4,1316,359 (51%)$6,238
2019-2010,495 (84%)$4,0623,063 (25%)$4,1006,360 (51%)$6,263
2020-217,392 (57%)$5,9512,912 (23%)$4,2155,936 (46%)$6,286
2021-228,011 (64%)$7,3002,814 (22%)$4,1745,416 (43%)$6,440
Average7,126 (54.73%)$5,2733,459 (26.36%)$3,9997,065 (53.82%)$6,442

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

OverviewGrants/ScholarshipStudent Loans
For the last 12 years, on average, 1,421 (61.64 % of students) received grants or scholarships and its average amount is $5,058. It can cover 26.82% of tuition & fees ($18,860) based on out-of-state rate.
In addition, 1,531 (65.91 % of students) students get helped from the students loans (average amount : $8,428).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-121,384 (55%)$4,2701,825 (72%)$7,561
2012-131,308 (57%)$4,6571,599 (70%)$7,562
2013-141,326 (54%)$4,6911,676 (69%)$7,867
2014-151,269 (56%)$4,8441,613 (71%)$7,992
2015-161,264 (53%)$4,9211,603 (67%)$8,190
2016-171,373 (57%)$5,1081,586 (65%)$8,485
2017-181,376 (61%)$5,3661,413 (63%)$8,396
2018-191,383 (59%)$5,5371,509 (64%)$8,728
2019-202,163 (96%)$3,7781,533 (68%)$9,104
2020-211,271 (57%)$5,5021,323 (60%)$9,314
2021-221,515 (73%)$6,9611,162 (56%)$9,511
Average1,421 (61.64%)$5,0581,531 (65.91%)$8,428
*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, 669 (28.73 % of students) received Pell (federal) grants and its average amount is $4,201.
In addition, 809 students received State/local government grants/scholarships (34.82 % 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
2011-12812 (32%)$3,865299 (12%)$695890 (35%)$1,745555 (22%)$1,820
2012-13738 (32%)$4,004316 (14%)$718860 (37%)$2,195537 (23%)$1,904
2013-14783 (32%)$4,056322 (13%)$759862 (35%)$1,950546 (22%)$2,049
2014-15728 (32%)$4,059346 (15%)$698846 (37%)$2,096491 (22%)$2,397
2015-16705 (30%)$4,228303 (13%)$709840 (35%)$2,215494 (21%)$2,356
2016-17669 (28%)$4,072306 (13%)$722793 (33%)$2,494649 (27%)$3,221
2017-18669 (30%)$4,231311 (14%)$703804 (36%)$2,694674 (30%)$3,218
2018-19643 (27%)$4,381329 (14%)$717841 (36%)$2,900687 (29%)$3,153
2019-20613 (27%)$4,3182,012 (89%)$565809 (36%)$2,967609 (27%)$3,263
2020-21510 (23%)$4,485787 (35%)$1,207683 (31%)$3,113758 (34%)$2,149
2021-22484 (23%)$4,511991 (48%)$3,365672 (32%)$3,2151,097 (53%)$2,614
Average669 (28.73%)$4,201575 (25.45%)$987809 (34.82%)$2,508645 (28.18%)$2,559
*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, 1,531 (65.91 % of students) get any students loan help and its average loan amount is $1,531.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-121,825 (72%)$7,5611,815 (72%)$5,635462 (18%)$7,733
2012-131,599 (70%)$7,5621,581 (69%)$5,652403 (18%)$7,833
2013-141,676 (69%)$7,8671,666 (68%)$5,700426 (17%)$8,662
2014-151,613 (71%)$7,9921,602 (70%)$5,693425 (19%)$8,871
2015-161,603 (67%)$8,1901,591 (67%)$5,570453 (19%)$9,419
2016-171,586 (65%)$8,4851,577 (65%)$5,749467 (19%)$9,402
2017-181,413 (63%)$8,3961,406 (62%)$5,700402 (18%)$9,573
2018-191,509 (64%)$8,7281,489 (63%)$5,497472 (20%)$10,561
2019-201,533 (68%)$9,1041,516 (67%)$5,492529 (23%)$10,644
2020-211,323 (60%)$9,3141,302 (59%)$5,516426 (19%)$12,068
2021-221,162 (56%)$9,5111,133 (55%)$5,492393 (19%)$12,289
Average1,531 (65.91%)$8,4281,516 (65.18%)$5,609442 (19.00%)$9,732

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