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What is the average loan amount at University of Minnesota Rochester?

For the academic year 2022-2023, total 96 full-time, first-time students (56% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 306 students (47% of all students) have received federal student loans and the average loan amount is $5,870 at University of Minnesota-Rochester.

Below tables show the number and amount by source of financial aid at University of Minnesota-Rochester.
All Undergraduate Student Financial Aid at University of Minnesota-Rochester
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid48876%$10,973
Pell Grants23937%$5,190
Federal Student Loans30647%$5,870
Beginning Students (Freshmen) Financial Aid at University of Minnesota-Rochester
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid15289%-
Grants or Scholarship from All Sources11467%$11,833
Federal Grants6236%$6,047
Pell Grants6236%$5,514
Other Federal Grants5532%$600
State/Local Grants8047%$6,507
Institutional Grants10360%$4,403
Student Loans9656%$10,668
Federal Student Loans9455%$4,895
Other Student Loans4225%$13,428

Know more about Minnesota-Rochester

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