by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
Minnesota State College Southeast average financial aid offer for freshmen students is $4,820.00. About 90% of first year students receive financial aid, most of which is in the form of loans.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Minnesota State College Southeast you may end up taking on.
As well as scholarships, 80% of freshmen (129 total) received a federal grant, for about $3,300.00 a person.
Information on institutional scholarships and grants for first year students at MSC Southeast is not accessible. This could happen when a college specializes in adult learners instead of traditional freshmen students. If you keep reading, we might report some facts below for all undergrads.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 19.75% | $6,239.00 |
| Income 30k-48k | 12.35% | $5,642.00 |
| Income 48k-75k | 6.17% | $3,930.00 |
| Income 75k-110k | 5.56% | $1,180.00 |
| Income 110k + | 0.62% | $417.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
90% of the 162 undergraduates at Minnesota State College Southeast receive some sort of grant aid. This is a total of about 135 students getting an average of $4,820.00 per person.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.