by our College Data Analytics TeamMost students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to University of Minnesota-Morris can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will UMN Morris offer you, and what will you qualify for? Read on for more information. Read on to see what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from University of Minnesota-Morris.
Financial 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 aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at University of Minnesota-Morris, 99% of first-year full-time students received aid of some kind (about 268 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $16,752 |
| Institutional grants & scholarships | 94% | $10,874 |
| Federal Pell grants | 36% | $6,264 |
| State/local grants | 44% | $6,071 |
| Federal student loans | 40% | $4,753 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At UMN Morris, about 91% of undergrads got grants or scholarships worth on average $15,803 (among about 931 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $15,803 |
| Federal Pell grants | 33% | $5,859 |
| Federal student loans | 36% | $5,575 |
For on-campus title-IV students, average grant aid came to $18,202.
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 | $134 |
| $30,001 – $75,000 | $3,360 |
| Over $75,000 | $15,258 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,837 |
| Off-campus title-IV students | $9,110 |
To project your own net price, use UMN Morris’s online cost calculator: morris.umn.edu/costs-financial-aid/cost-attendance/net-price-calculator.
The median federal debt load at UMN Morris comes to $12,377 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,377 |
| Median federal debt (graduates only) | $18,995 |
| Typical 10-year monthly payment (graduates) | $201.38/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at UMN Morris.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,012 |
| 25th percentile | $5,500 |
| 75th percentile | $24,253 |
| 90th percentile (highest-debt students) | $27,850 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $10,889 |
| Middle income | $12,245 |
| High income | $13,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $12,566 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,517 |
| Independent students | $8,347 |
These indicators are derived from the underlying debt data and summarize the overall picture at UMN Morris.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at UMN Morris:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5260 |
| Total Stafford loan amount | $72,123,833 |
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 | 8 |
| Total GI Bill amount | $76,807 |
| Average GI Bill amount per recipient | $9,601 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $4,000 |
| Average DoD amount per recipient | $4,000 |
References
More about our data sources and methodologies.