The University of Minnesota is an excellent public university located in St. Paul, Minnesota. It is a part of “Public Ivies,” which is a group of public universities that are known for its high-quality education and alumni success. There have been many notable alumni that have graduated from this university including numerous Nobel Laureates including Bob Dylan, a famous singer who received the Nobel Prize for Literature. So, do you want to join this excellent university that has produced these famous alumni?
This article will help you to finance your education at this institution by introducing you to the University of Minnesota Scholarships and Financial Aid. So, let’s get started!
University of Minnesota Cost of Attendance
The cost to attend before receiving any scholarships is $28,000 per year for students from Minnesota. This is broken down into $15,000 in tuition, $10,000 in room and board, and the rest in personal expenses. For students not from Minnesota, the cost of attendance is $48,000 per year.
This is a huge sum of money, but we will discuss ways to decrease that cost through financial aid and scholarships offered at the University of Minnesota. Only a very few people pay that money each year.
University of Minnesota Scholarships
There are many scholarships that are awarded in the University of Minnesota. So, how are these scholarships awarded? The scholarship committee focuses on students’ high school courswork, GPA, and SAT/ACT Scores. To be a successful applicant, you need to balance between the coursework and GPA.
If your courses are very easy, and your GPA is high, the scholarship committee is not going to look on that favorably, and if your courses are hard, but your GPA is low, that’s not good either. So, you need to find a balance between hard courses and good GPA.
Other aspects of the application that you need to focus on are talent or ability, community service, leadership, extracurricular activities, etc. These will play a role in your University of Minnesota scholarship application.
1. University-Wide Scholarships
One type of scholarships is those that are administered university wide. You do not need to apply separately for these scholarships. There are some high-value scholarships in this list.
Maroon and Gold Leadership Scholarship is a $12,000 a year award given to Minnesota Residents who show exceptional ability in academics. These students are top of their graduating class and took difficult classes. Another award is Gold Scholar Award, which awards up to $10,000 to National Merit Scholars who have chosen the University of Minnesota as their first choice university. Another major scholarship is the Presidential scholarship that has awards up to $10,000 a year. There are many other scholarships with different eligibility criteria.
Please remember that you don’t have to submit additional documents to be eligible for these scholarships. You can go to the University-Wide Scholarship Page for more information.
2. College-Specific Scholarships
There are many scholarships that are awarded individually by different colleges and universities. Some of these scholarships have a separate application, so you need to pay attention to that. Some of these award a lot of money, so if you receive this type of scholarships with the university-wide ones, you are in a good place. Visit College-Specific Scholarships Page if you are interested!
3. Scholarships Requiring Separate Application
There are different scholarships that require a separate application. You can view these scholarships here.
4. Upromise Scholarships
This scholarship is for Minnesota residents whose family makes less than $120,000 a year. If you fit these criteria, you are guaranteed to receive scholarships up to $4,000 a year. For more information about this scholarship, visit the page here.
I hope that this scholarship summary was useful. The University of Minnesota awards millions of dollars in scholarships alone to make its education affordable to its students. After all, it is a public university, so it wants to help the public by educating them. After looking at how to apply for scholarships, we will be looking at other types of financial aid, which is grants and work-study.
How to Apply for University of Minnesota Scholarships
For many of these scholarships, you just need to file your admission application and FAFSA to be eligible. However, there is a list of scholarships that require a separate application. I highly suggest you to look over those scholarships and see if you are eligible for any of them. The reason is that there is less competition since not everyone is not eligible and even those who are eligible do not all apply. So, you have a much better chance of receiving scholarships that require a separate application. Therefore, why not apply?
University of Minnesota have grants, which are gift aid, to students. These are awards that do not need to be repaid like loans. They have several type including federal grants, which come from the government, and institutional aid, which comes from University of Minnesota’s funds.
Many students in University of Minnesota work to help pay their tuition and personal expenses. In fact, more than 3/4 of the students either work on-campus or off-campus. University of Minnesota might offer you work-study in your financial aid package. You have a choice to accept or reject, but I highly recommend you to accept it.
These campus jobs are flexible, and you can work around your class schedules. Also, these jobs are generally very easy such as sitting at the front desk of a library. If you do get an off-campus job, however, it certainly won’t be easy, and they might not work around your schedule. So, accept the work-study if they give you!
I hope that this article on University of Minnesota scholarships and financial aid was helpful. If you are interested, I highly suggest that you take a look at Minnesota Scholarship Category to see other universities in the state if you are from Minnesota. These will most likely give you the highest aid than universities in other states. Also, if you are not from Minnesota, I suggest that you go to Authority Scholarships Website.
Thank you for reading, and please have a great day!