Financial Aid for Undergraduate Students
First year and transfer students financial aid info
At first glance, the price of a college education may seem overwhelming—but with a closer look, you’ll find many ways that cost can be different than the sticker price. At °ÄÃÅÌØÂí½ñÍí¿ª½±, we’re dedicated to providing you with an exemplary education at a reasonable rate. Our admission counselors and financial aid team will work with you and your family or guardians to ensure you get the most out of your college experience without sacrificing peace of mind.
Ready to start the process? Complete the FAFSA
To be eligible for any of the financial aid opportunities listed above, you first have to complete the Free Application for Federal Student Aid (FAFSA).
The FAFSA form for students entering college in the school year of 2024-2025 is available.
New to the process? Don't worry; we'll walk you through how to apply for financial aid.
Learn how to apply for financial aid
Value, by the numbers
Best value
°ÄÃÅÌØÂí½ñÍí¿ª½± is ranked as the #1 Best Value Regional University in Minnesota
- U.S. News & World Report, 2023
Generous offers
Value of the average financial aid package for incoming first-year students with financial need*
Wide eligibility
of first-time, full-time, on-campus undergraduate students receive °ÄÃÅÌØÂí½ñÍí¿ª½± grants and scholarships.
*The average financial aid package for new first-year students enrolled in Fall 2023 with financial need (includes gift aid, work-study, and loans to the students) was $46,712, per enrolled student data. °ÄÃÅÌØÂí½ñÍí¿ª½± Institutional Effectiveness, July 2024
Types of financial aid for undergraduate students
°ÄÃÅÌØÂí½ñÍí¿ª½± supports incoming first-year and on-campus transfer students through a variety of financial aid options
| 66.3% | °ÄÃÅÌØÂí½ñÍí¿ª½± scholarships and grants |
| 12.5% | Loans to the student |
| 8.4% | State grant/scholarship |
| 6.4% | Federal grant/scholarship |
| 5.1% | Work study |
| 1.3% | Outside grant/scholarship |
What does an average financial aid package look like?
An average financial aid package is made up of several things, which can include scholarships and discounts that do not have to be repaid, on-campus employment, and loans. Represented here is the average financial aid package offered to first-year students with financial need for the 2023-2024 school year.
Money and loans are stressful, but the financial aid office was so informative. They walked me through the financial aid steps and highlighted the most important parts of what it would look like down the line. It's hard to come to a university thinking, 'Oh my gosh, it's so much money, what am I supposed to do?' But after sitting down with them, I was totally confident that I could do this."
Calculate your costs
Find out how to better plan for the cost of your education.
Contact information
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Undergraduate Admission
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°ÄÃÅÌØÂí½ñÍí¿ª½±
