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Minnesota Office of Higher Education

Home > Research, Data & Reports > Financial Aid Data & Trends > Financial Aid at a Glance

 

Financial Aid at a Glance

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Students attending Minnesota postsecondary institutions receive financial aid from federal student aid programs, private sources, and several Minnesota state-funded financial aid programs.

Find data on percent of undergraduates receiving financial aid at each institution. Or, search individual institutions for detailed data on financial aid awarded to enrolled undergraduates in Fiscal Year 2013.

Financial Aid Awarded to Undergraduates at Minnesota Institutions by Source
Source of Aid
2001200320052007200920112013
Federal Government $648,698,123 $890,595,623 $1,014,026,092 $1,112,702,833 $1,653,086,861 $2,206,712,012 $2,047,586,989
State of Minnesota $231,134,855 $245,415,817 $287,532,060 $324,634,094 $307,773,684 $387,428,358 $279,183,419
Postsecondary Institutions $235,396,573 $203,479,512 $370,755,989 $420,973,102 $541,866,453 $663,163,566 $737,102,530
Private and Other Sources $55,295,199 $116,481,353 $197,398,151 $265,969,582 $260,504,758 $240,384,582 $239,687,859
Total $1,170,524,750 $1,555,972,305 $1,869,712,292 $2,124,279,612 $2,763,231,756 $3,397,688,518 $3,303,560,796
Type of Aid
2001200320052007200920112013
Grants from All Sources $528,888,738 $687,483,357 $781,903,077 $864,343,958 $1,071,431,191 $1,501,752,297 $1,523,443,150
Loans to Students $554,501,073 $777,226,553 $949,349,799 $1,079,720,410 $1,535,387,297 $1,689,031,977 $1,592,550,278
Loans to Parents $51,157,677 $67,089,364 $99,855,268 $140,599,912 $118,704,439 $161,056,571 $139,959,733
Student Earnings from Work Study Jobs $35,977,262 $24,173,031 $38,604,148 $39,615,331 $37,708,832 $45,847,673 $47,607,185
Total $1,170,524,750 $1,555,972,305 $1,869,712,292 $2,124,279,612 $2,763,231,759 $3,397,688,518 $3,303,560,796

Source: Office of Higher Education, Financial Aid Awarded Survey


Find staff reports on student financial aid and data about Minnesota's student financing programs.

 

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