univstats
Financial Aid Scoreboard
Number Received Financial Aid (All Undergraduate) 19,559
Percent Received Financial Aid(All Undergraduate) 56%
Average Aid Amount $9,528
Number Received Financial Aid (Freshmen) 5,013
Percent Received Financial Aid (Freshmen) 80%

Financial Aid Information at UMTC

For the academic year 2020-2021, a total of 19,559 students (56% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $9,528. For freshmen (Full-time, first-time degree-seeking undergraduate students), 5,013 students (80% of enrolled students) received financial aid.
The 2022 undergraduate tuition & fees at University of Minnesota-Twin Cities is $15,254 for Minnesota residents and $33,818 for out-of-state students, for reference.

All Undergraduate Students Financial Aid

For the academic year 2020-2021, a total of 19,559 students (56% of all students) have received grants or scholarships and the average received aid amount is $9,528. 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 aid19,55956%$9,528
Pell Grants6,28118%$4,805
Federal Student Loans12,90537%$6,278

Beginning Students Financial Aid

a total of 5,013 beginning students (80% of all freshmen) have received any financial aid and 4,797 students (77% 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 Aid5,01380%-
Grants or Scholarship from All Sources3,83061%$10,519
Federal Grants1,12718%$5,511
Pell Grants1,12418%$4,915
Other Federal Grants1,06617%$644
State/Local Grants1,62526%$5,909
Institutional Grants3,73560%$6,553
Student Loans2,55841%$8,087
Federal Student Loans2,49740%$5,175
Other Student Loans5629%$13,816

Students Headcount by Living Status

For academic year 2020-2021, total 2,983 full-time beginning students have enrolled and attended University of Minnesota-Twin Cities. Among them, 2,430 students have lived on campus and 115 students lived off campus (without family). Next table shows the students count by living status and years.
Student Headcount by Living Location/Setting at University of Minnesota-Twin Cities
Living Status201820192020
Living On-Campus2,1612,2242,430
Living Off-Campus with Family282283325
Living Off-Campus without Family83103115

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

Next 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 2020-2021 . 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 level2,5222,003$24,653,883$9,776
$0 - $30,000354354$7,064,383$19,956
$30,001 - $48,000296296$5,637,266$19,045
$48,001 - $75,000392392$5,779,438$14,743
$75,001 - $110,000434433$3,782,684$8,716
$110,001 or more1,046528$2,390,112$2,285