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How many students are received the students loans at University of Minnesota Twin Cities?

For the academic year 2022-2023, total 2,749 full-time, first-time students (40% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 11,060 students (31% of all students) have received federal student loans and the average loan amount is $6,219 at University of Minnesota-Twin Cities.

Below tables show the number and amount by source of financial aid at University of Minnesota-Twin Cities.
All Undergraduate Student Financial Aid at University of Minnesota-Twin Cities
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid19,60654%$10,416
Pell Grants6,35318%$5,101
Federal Student Loans11,06031%$6,219
Beginning Students (Freshmen) Financial Aid at University of Minnesota-Twin Cities
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid5,60782%-
Grants or Scholarship from All Sources4,34263%$11,388
Federal Grants1,45221%$5,800
Pell Grants1,44521%$5,271
Other Federal Grants1,30719%$616
State/Local Grants2,02730%$6,312
Institutional Grants4,20962%$6,707
Student Loans2,74940%$9,722
Federal Student Loans2,68039%$5,323
Other Student Loans81812%$15,235

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.

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