College Factual  by our College Data Analytics Team
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How Much UMN Rochester Fin Aid Could You Qualify For?

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.

Interested in understanding the financial aid resources available at UMN Rochester and your eligibility? Find the answers you seek below.

Here you’ll Discover:

First-Time Students at UMN Rochester: Estimating Financial Aid Opportunities

University of Minnesota - Rochester average financial aid offer for freshmen students is $9,997.00. A significant 93% of freshmen benefit from financial aid, with the main type being grants and scholarships.

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Is it a Discount?

Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.

What About Student Loans?

Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at University of Minnesota - Rochester.

As well as scholarships, 37% of freshmen (61 total) received a federal grant, for about $5,283.00 a person.

How Much Aid Is Available That Won’t Put Me in Debt? & A.K.A. Scholarships & Grants

The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.

37% of first-year students at University of Minnesota - Rochester (61 total) obtained a federal grant, averaging $5,283.00.

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Amount of Financial Aid Per Family Income

The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k9.20%$17,958.00
Income 30k-48k9.82%$17,026.00
Income 48k-75k9.82%$14,155.00
Income 75k-110k13.50%$7,399.00
Income 110k +9.20%$2,023.00

Title IV Aid

The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.

The Average Undergraduate Who Gets a Grant or Scholarship Will Get $9,997.00.

93% of the 163 undergraduates at University of Minnesota - Rochester receive some sort of grant aid. This is a total of about 120 students getting an average of $9,997.00 per person.

Want to Know More About Tuition and Fee Prices?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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