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What is the average financial aid amount at Minneapolis Community and Technical College?

For the academic year 2022-2023, total 301 full-time, first-time students (80% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 3,883 students (65% of all students) received grants or scholarships and the average grant amount is $5,133. In addition, 1,234 students received student loans and the average loan amount is $7,497.

Below tables show the number and amount by source of financial aid at Minneapolis Community and Technical College.
All Undergraduate Student Financial Aid at Minneapolis Community and Technical College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid3,88365%$5,133
Pell Grants2,40340%$3,255
Federal Student Loans1,23421%$7,497
Beginning Students (Freshmen) Financial Aid at Minneapolis Community and Technical College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid30180%-
Grants or Scholarship from All Sources27674%$7,019
Federal Grants26671%$6,323
Pell Grants24064%$4,554
Other Federal Grants22961%$2,572
State/Local Grants19753%$1,156
Institutional Grants185%$1,535
Student Loans4913%$5,893
Federal Student Loans4913%$5,893
Other Student Loans00%$0

Know more about Minneapolis Community and Technical

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