What This Means For You
Your financial aid, as well as scholarships and grants, will be based upon your need. The data available here will tell you how much you will likely obtain at University of Minnesota - Twin Cities depending on family income and any other factor you may need to consider.
How Much Financial Aid is Offered?
University of Minnesota - Twin Cities' standard financial aid offer for incoming freshmen is $16,310. About 62.0% of new students get some kind of financial aid, the majority of which is scholarships and grants.
Financial aid includes scholarships, grants, and student loans. However, student loans need to be paid back, so they aren't a genuine college discount.
A college loan is not a legitimate college discount, but rather an additional cost consideration. Discover how much student loan debt from UMN Twin Cities you could end up taking on.
Number of UMN Twin Cities Grants & Scholarships
The numbers below refer to scholarships and grants mainly provided by University of Minnesota - Twin Cities.
59.0% of freshmen (3,409 total) were given scholarships at University of Minnesota - Twin Cities, averaging $5,561 per person. This puts it in the middle 20th percentile of all schools nationwide.
1,086 freshmen also received federal grant aid. A total of 19.0% of UMN Twin Cities first years received grants around $4,899 each recipient.
The graph below shows the typical amount of grant and scholarship aid given to all freshmen.
Scholarships are merit-based, while grants are need based.
Financial Aid per Family Income
The next table shows scholarship and grant distributions by income level for first year students getting any type of federal Title IV assistance, which includes Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||13.4%||$1,563|
Title IV aid includes loans, grants, or work-study granted by the federal government typically according to need. Learn more here.
Grants & Scholarships for All Undergraduate Students Average $8,628
Of the 34,071 undergraduates at University of Minnesota - Twin Cities around 54.0% (18,284 in total) receive some form of grant aid. The standard amount granted was $8,628.
Financial Aid Links from University of Minnesota - Twin Cities
|Financial Aid Department Website||https://onestop.umn.edu/finances/receiving-financial-aid|
|Net Price Calculator||https://npc.collegeboard.org/student/app/tcumn|