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How many students are received the students loans at Minneapolis College of Art and Design?

For the academic year 2022-2023, total 155 full-time, first-time students (95% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 597 students (88% of all students) have received federal student loans and the average loan amount is $5,541 at Minneapolis College of Art and Design.

Below tables show the number and amount by source of financial aid at Minneapolis College of Art and Design.
All Undergraduate Student Financial Aid at Minneapolis College of Art and Design
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid66599%$24,195
Pell Grants26639%$4,708
Federal Student Loans59788%$5,541
Beginning Students (Freshmen) Financial Aid at Minneapolis College of Art and Design
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid163100%-
Grants or Scholarship from All Sources163100%$26,025
Federal Grants7144%$4,604
Pell Grants7144%$4,402
Other Federal Grants74%$2,046
State/Local Grants5534%$5,938
Institutional Grants163100%$22,016
Student Loans15595%$7,820
Federal Student Loans15595%$5,135
Other Student Loans2515%$16,642

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

Know more about MCAD

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