Financial Aid for Undergraduate Students

Â鶹ÊÓƵAPK a picure view to Anderson Center

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 Â鶹ÊÓƵAPK, 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 2025-2026 FAFSA is required for need-based financial aid consideration for students enrolling in the fall 2025, winter 2026, spring 2026, and summer 2026 semesters. According to the US Department of Education, the 2025-2026 FAFSA application should be available on and after December 1, 2024.

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

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Homecoming

Best value

1st

Â鶹ÊÓƵAPK is ranked as the #1 "Best Value" Regional University in Minnesota and 22nd in the Midwest
–U.S. News & World Report, 2023

Generous offers

$46K+

Value of the average financial aid package for incoming first-year students with financial need*

Wide eligibility

100%

of first-time, full-time, on-campus undergraduate students receive Â鶹ÊÓƵAPK grants and scholarships.

*For new first-year students enrolled in fall 2023 with financial need, the average financial aid package was $46,712, per enrolled student data. This total includes gift aid, work-study, and loans to the students.  Â鶹ÊÓƵAPK Institutional Effectiveness, July 2024

 

Financial aid pie chart
Average offer for first year student with financial need, 2022-2023
66.3% Â鶹ÊÓƵAPK 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. 

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Sydney Lavelle '26, music and education

I am so glad that I said "yes" to Â鶹ÊÓƵAPK because I have been able to make my own path, find people that I truly connect with, and won't graduate with so much debt.

Sydney Lavelle '26, music and education; of Wabasha, MN

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