| Screen last updated on: December 2016 |
The financial aid information below is valid for the 2015 academic year.
|
| Financial aid officer: |
Tina Falkner,
Director of Student Finance |
| Contacting the office: |
612 624-1111
800 400-8636 (toll free)
onestop@umn.edu |
| FAFSA number: |
003969 |
|
| Undergraduate tuition: |
$12,546; $22,210 out-of-state |
| Additional required fees: |
$1,596 |
| Book fees: |
$1,000 |
| Miscellaneous expenses: |
$2,200 |
| Other expenses: |
Transportation, personal. |
| Combined room and board expenses: |
$9,377 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | March 1 | no | N/A |
| Institution's own financial aid form | March 1 | yes | N/A |
|
| Date award notification begins: |
February 15 |
| Applied for financial aid: |
 | |
| 80% | of first-year students |
| 67% | of full-time undergraduates |
| 48% | of part-time undergraduates |
|
| Determined to have financial need: |
| |
| 62% | of first-year students |
| 72% | of full-time undergraduates |
| 85% | of part-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 99% | of first-year students |
| 98% | of full-time undergraduates |
| 87% | of part-time undergraduates |
|
| Students determined to have financial need who received any need-based gift aid: |
| |
| 86% | of first-year students |
| 84% | of full-time undergraduates |
| 76% | of part-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 81% | of first-year students |
| 82% | of full-time undergraduates |
| 72% | of part-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 10% | of first-year students |
| 7% | of full-time undergraduates |
| 2% | of part-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 30% | of first-year students |
| 24% | of full-time undergraduates |
| 8% | of part-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 78% | for first-year students |
| 73% | for full-time undergraduates |
| 44% | for part-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $13,052 | for first-year students |
| $12,851 | for full-time undergraduates |
| $7,181 | for part-time undergraduates |
|
| Average need-based gift award: |
| |
| $10,320 | for first-year students |
| $9,919 | for full-time undergraduates |
| $5,086 | for part-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $5,188 | for first-year students |
| $5,472 | for full-time undergraduates |
| $4,603 | for part-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $3,687 | for first-year students |
| $4,651 | for full-time undergraduates |
| $4,332 | for part-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 13% | of first-year students |
| 7% | of full-time undergraduates |
| 1% | of part-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $5,371 | for first-year students |
| $5,088 | for full-time undergraduates |
| $2,686 | for part-time undergraduates |
|
| Students who received a non-need-based athletic award: |
| |
| 1% | of first-year students |
| 0% | of full-time undergraduates |
| 0% | of part-time undergraduates |
|
| Average non-need-based athletic award: |
| |
| $5,578 | for first-year students |
| $8,476 | for full-time undergraduates |
| $7,454 | for part-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- Federal Perkins Loans
|
|
| Parent loans packaged to meet need: |
no |
| Percent of undergraduates who have borrowed through all loan programs: |
59% |
| Average student debt upon graduation: |
$26,006 |
| Types of payment plans: |
|
- family tuition reduction
- FACTS Tuition Management.
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- academic merit scholarships/grants
- athletic scholarships
- ROTC scholarships
- internationals scholarships/grants
|
|
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