by our College Data Analytics TeamA lot of students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Minnesota West Community and Technical College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Minnesota West offer, and what will you qualify for? Read on for more information. Keep reading to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Minnesota West Community and Technical College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Minnesota West Community and Technical College, 88% of the incoming full-time class was awarded financial aid roughly 272 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $6,569 |
| Institutional grants & scholarships | 3% | $495 |
| Federal Pell grants | 50% | $5,436 |
| State/local grants | 50% | $2,661 |
| Federal student loans | 35% | $5,158 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, roughly 63% of the undergraduate population received grant aid that averaged $3,857 (covering around 2150 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $3,857 |
| Federal Pell grants | 16% | $4,683 |
| Federal student loans | 13% | $5,864 |
Title-IV recipients living on campus saw average grant aid of $6,217.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,122 |
| $30,001 – $75,000 | $9,844 |
| Over $75,000 | $16,340 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,191 |
| Off-campus title-IV students | $11,898 |
For a customized cost estimate, visit Minnesota West’s official net price calculator: www.minnstate.edu/admissions/calculator/minnesotawest.html.
The middle student in the debt distribution at Minnesota West owes $9,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $10,987 |
| Typical 10-year monthly payment (graduates) | $116.48/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Minnesota West.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,500 |
| 25th percentile | $4,750 |
| 75th percentile | $16,500 |
| 90th percentile (highest-debt students) | $27,219 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,500 |
| Middle income | $8,488 |
| High income | $8,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,353 |
| Independent students | $10,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Minnesota West.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Minnesota West:
| Metric | Value |
|---|---|
| Stafford loan recipients | 8838 |
| Total Stafford loan amount | $113,887,710 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 13 |
| Total GI Bill amount | $77,905 |
| Average GI Bill amount per recipient | $5,993 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 7 |
| Total DoD amount | $20,904 |
| Average DoD amount per recipient | $2,986 |
References
More about our data sources and methodologies.