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

For the academic year 2022-2023, total 494 full-time, first-time students (90% 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 2,813 students (52% of all students) received grants or scholarships and the average grant amount is $5,225. In addition, 1,437 students received student loans and the average loan amount is $5,892.

Below tables show the number and amount by source of financial aid at Minnesota State Community and Technical College.
All Undergraduate Student Financial Aid at Minnesota State Community and Technical College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,81352%$5,225
Pell Grants1,42527%$3,594
Federal Student Loans1,43727%$5,892
Beginning Students (Freshmen) Financial Aid at Minnesota State Community and Technical College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid49490%-
Grants or Scholarship from All Sources39772%$5,902
Federal Grants36867%$5,035
Pell Grants22641%$4,424
Other Federal Grants36466%$2,344
State/Local Grants21439%$2,015
Institutional Grants336%$1,789
Student Loans24044%$5,844
Federal Student Loans23643%$5,117
Other Student Loans265%$7,493

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