Financial Aid at MSU

Financial Aid Amount Received

$5,327 (61.71% of tuition)

Percent of Financial Aid Received

72% of 2,530 students

1,811 undergraduate students (72% 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 $5,327 and the average loan amount is $6,433. The average financial aid amount is 61.71% of tuition & fees based on out-of-state rate (tuition & fees: $8,633).

	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or scholarship aid	1,811	72%	$9,647,715	$5,327
Pell Grants	610	24%	$2,673,887	$4,383
Federal Students Loans	940	37%	$6,046,751	$6,433

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), 327 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 $5,569 and the average amount of student loans awarded to full-time first-time undergraduate students is $5,808.

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	338	94%	-	-
Grant or scholarship aid	327	91%	$1,821,101	$5,569
Federal Grants	92	26%	$472,395	$5,135
Pell Grants	92	26%	$443,395	$4,820
Other Federal Grants	58	16%	$29,000	$500
State/Local Grants	180	50%	$379,249	$2,107
Institutional Grants	304	85%	$969,457	$3,189
Student Loans	167	47%	$969,954	$5,808
Federal Student Loans	164	46%	$779,463	$4,753
Other Student Loans	25	7%	$190,491	$7,620

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	-	-	$1,147,857	$5,627
0 - $30,000	42	42	$390,654	$9,301
$30,001 - $48,000	22	22	$203,866	$9,267
$48,001 - $75,000	33	33	$220,356	$6,677
$75,001 - $110,000	34	32	$144,708	$4,256
$110,001 - more	73	63	$188,273	$2,579

Number of Students by Living Arrangement (Freshmen)

At Minot State University, 149 full-time/first-time students live on-campus such as dormitory and campus-owned apartments, and 33 students live off-campus. In addition, 82 students live with their family.