Financial Aid at MSU

Financial Aid Amount Received

$5,717 (66.21% of tuition)

Percent of Financial Aid Received

76% of 2,530 students

1,968 undergraduate students (76% of all students) have received grants, scholarships, and/or federal student loans at Minot State University. The percentage of students who received financial aid much higher compared to Public, 4-Years Colleges in North Dakota.

Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $5,717 and the average loan amount is $6,364. The average financial aid amount is 66.21% of tuition & fees based on out-of-state rate (tuition & fees: $8,634).

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	1,968	76%	$11,250,203	$5,717
Pell Grants	596	23%	$2,501,378	$4,197
Federal Students Loans	967	38%	$6,153,589	$6,364

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 320 students have received one or more types of financial aid at Minot State University.

The average amount of federal, state, local or institutional grant aid is $5,542 and the average amount of student loans awarded to full-time first-time undergraduate students is $6,537.

The following table shows the financial data by type of aid at Minot State University.

First-time Undergraduate Financial Aid by Type

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	333	95%	-	-
Grant or scholarship aid	320	91%	$1,773,537	$5,542
Federal Grants	215	61%	$723,399	$3,365
Pell Grants	82	23%	$367,861	$4,486
Other Federal Grants	215	61%	$355,538	$1,654
State/Local Grants	153	43%	$345,002	$2,255
Institutional Grants	265	75%	$705,136	$2,661
Student Loans	147	42%	$960,927	$6,537
Federal Student Loans	145	41%	$696,402	$4,803
Other Student Loans	34	10%	$264,525	$7,780

Financial Aid by Income Level

The following table summarizes the number of schools receiving financial aid and its average amount by income levels at Minot State University.

Income Level	# of Students	# of Students Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
All Income Level	-	-	$963,436	$5,152
0 - $30,000	34	34	$276,862	$8,143
$30,001 - $48,000	21	21	$204,327	$9,730
$48,001 - $75,000	27	27	$175,256	$6,491
$75,001 - $110,000	39	37	$151,192	$3,877
$110,001 - more	66	52	$155,799	$2,361

Number of Students by Living Arrangement (Freshmen)

At Minot State University, 140 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 24 students live off-campus. In addition, 80 students live with their family.