by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Interested in understanding the financial aid resources available at UMN Rochester and your eligibility? Find the answers you seek below.
University of Minnesota - Rochester average financial aid offer for freshmen students is $9,997.00. A significant 93% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at University of Minnesota - Rochester.
As well as scholarships, 37% of freshmen (61 total) received a federal grant, for about $5,283.00 a person.
The stats and the chart below refer to mainly grants from federal sources, and some local and state grants.
37% of first-year students at University of Minnesota - Rochester (61 total) obtained a federal grant, averaging $5,283.00.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.20% | $17,958.00 |
| Income 30k-48k | 9.82% | $17,026.00 |
| Income 48k-75k | 9.82% | $14,155.00 |
| Income 75k-110k | 13.50% | $7,399.00 |
| Income 110k + | 9.20% | $2,023.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
93% of the 163 undergraduates at University of Minnesota - Rochester receive some sort of grant aid. This is a total of about 120 students getting an average of $9,997.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.