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Facts About Financial Aid


Minnesota undergraduates annually receive over $3 billion financial aid from all sources. Loans are the largest type of aid.
More information on financial aid awarded to Minnesota undergraduates.

Minnesota undergraduate and graduate students annually borrow nearly $70 million under the SELF Loan Program. In addition to Minnesotans attending in-state institutions, borrowers included Minnesota residents attending institutions in other states and residents of other states attending Minnesota institutions. The SELF program does not receive state appropriations. SELF Loans are financed by the sale of revenue bonds, loan repayments, and interest earnings on funds in the program.
More information on SELF Loans.

The Minnesota State Grant Program is the state's largest financial aid program providing need-based grant assistance to Minnesota undergraduates.
More information on the State Grant Program.