Number Received Financial Aid (All Undergraduate)
8,011
Percent Received Financial Aid(All Undergraduate)
64%
Average Aid Amount
$7,300
Number Received Financial Aid (Freshmen)
1,870
Percent Received Financial Aid (Freshmen)
90%
Financial Aid Information at Minnesota State University-Mankato
For the academic year 2021-2022, a total of 8,011 students (64% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $7,300. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,870 students (90% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Minnesota State University-Mankato is $9,490 for Minnesota residents and $18,860 for out-of-state students, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 8,011 students (64% of all students) have received grants or scholarships and the average received aid amount is $7,300. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Minnesota State University-Mankato for all undergraduate students.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Federal, state, local, institutional or other grant aid | 8,011 | 64% | $7,300 |
Pell Grants | 2,814 | 22% | $4,174 |
Federal Student Loans | 5,416 | 43% | $6,440 |
Beginning Students Financial Aid
a total of 1,870 beginning students (90% of all freshmen) have received any financial aid and 1,835 students (89% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Minnesota State University-Mankato.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Any Student Financial Aid | 1,870 | 90% | - |
Grants or Scholarship from All Sources | 1,515 | 73% | $6,961 |
Federal Grants | 995 | 48% | $5,545 |
Pell Grants | 484 | 23% | $4,511 |
Other Federal Grants | 991 | 48% | $3,365 |
State/Local Grants | 672 | 32% | $3,215 |
Institutional Grants | 1,097 | 53% | $2,614 |
Student Loans | 1,162 | 56% | $9,511 |
Federal Student Loans | 1,133 | 55% | $5,492 |
Other Student Loans | 393 | 19% | $12,289 |
Student Headcounts by Tuition Rates
For academic year 2021-2022, total 1,659 have paid in-state tuition rates (80% of undergraduate students) and 413 students (20%) have paid the tuition & fee based on out-of-state rates at Minnesota State University-Mankato.
Type of Tuition Rate | Number of Students | Percent | Tuition & Fees |
---|---|---|---|
In-State Rate | 1,659 | 80% | $9,490 |
Out-of-State Rate | 413 | 20% | $18,860 |
Students Headcount by Living Status
For academic year 2021-2022, total 1,096 full-time beginning students have enrolled and attended Minnesota State University-Mankato. Among them, 874 students have lived on campus and 95 students lived off campus (without family). The following table shows the students count by living status and years.
Living Status | 2019 | 2020 | 2021 |
---|---|---|---|
Living On-Campus | 878 | 822 | 874 |
Living Off-Campus with Family | 43 | 61 | 72 |
Living Off-Campus without Family | 73 | 69 | 95 |
Grants and Scholarship Aid By Income Level (Paying In-State Tuition)
The following table shows number of students who paid the in-state or in-district tuition rate and were awarded any grant/scholarship by income level for academic year 2021-2022 . The sources of grants and scholarship aid are the federal government, state/local government, or the institution.
Income Level | Number of Students | Number of Students Awarded | Total Amount Aid Awarded | Average Amount Aid Awarded |
---|---|---|---|---|
All level | 1,147 | 828 | $4,602,285 | $4,012 |
$0 - $30,000 | 118 | 118 | $1,145,683 | $9,709 |
$30,001 - $48,000 | 124 | 124 | $1,169,903 | $9,435 |
$48,001 - $75,000 | 188 | 186 | $1,318,672 | $7,014 |
$75,001 - $110,000 | 223 | 174 | $652,858 | $2,928 |
$110,001 or more | 494 | 226 | $315,169 | $638 |
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