univstats
Number Received Financial Aid (All Undergraduate) 19,606
Percent Received Financial Aid(All Undergraduate) 54%
Average Aid Amount $10,416
Number Received Financial Aid (Freshmen) 5,607
Percent Received Financial Aid (Freshmen) 82%

Financial Aid Information at UMTC

For the academic year 2021-2022, a total of 19,606 students (54% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $10,416. For freshmen (Full-time, first-time degree-seeking undergraduate students), 5,607 students (82% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at University of Minnesota-Twin Cities is $16,488 for Minnesota residents and $36,402 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 19,606 students (54% of all students) have received grants or scholarships and the average received aid amount is $10,416. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at University of Minnesota-Twin Cities for all undergraduate students.
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 Financial Aid

a total of 5,607 beginning students (82% of all freshmen) have received any financial aid and 5,375 students (79% 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 University of Minnesota-Twin Cities.
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

Students Headcount by Living Status

For academic year 2021-2022, total 3,294 full-time beginning students have enrolled and attended University of Minnesota-Twin Cities. Among them, 2,298 students have lived on campus and 234 students lived off campus (without family). The following table shows the students count by living status and years.
Student Headcount by Living Location/Setting at University of Minnesota-Twin Cities
Living Status201920202021
Living On-Campus2,4302,3782,298
Living Off-Campus with Family325367586
Living Off-Campus without Family115146234

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.
Grants of Scholarship Aid Statistics By Income Level at University of Minnesota-Twin Cities
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level2,7412,229$30,502,646$11,128
$0 - $30,000422422$8,656,455$20,513
$30,001 - $48,000405405$8,267,796$20,414
$48,001 - $75,000458458$7,600,994$16,596
$75,001 - $110,000402402$3,644,667$9,066
$110,001 or more1,054542$2,332,734$2,213