Did you know that the median income of Minnesota FAFSA-filing families at our colleges — $83,000 — is lower than the median family income for the state of Minnesota, which is $86,400?
And consider this: 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:
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