October 2019

The $83,400 median income of Minnesota FAFSA-filing families at our private colleges is lower than the state of Minnesota’s median family income at $86,400. What’s more, it also falls within a similar range as the state’s public universities.

  • $87,300 at the University of Minnesota
  • $83,400 at Minnesota Private Colleges*
  • $62,800 at Minnesota State universities

This can be broken down even further into three general income categories:

family income distribution

Source: Minnesota State Grant End-of-Year Statistics Fiscal Year 2018 report, Minnesota Office of Higher Education
Note: Uses adjusted gross income, includes only Minnesota residents who file a FAFSA
*The Minnesota Private College Council’s 17 member institutions