Quick fact: Grant aid
Grant aid going to students at Minnesota’s Private Colleges has grown 211% over the last 15 years; the vast majority of that has come from the grants that institutions give.
The growth in funding for grants from Minnesota’s Private Colleges is important to students and families. Nine out of 10 first-year students receive grants that reduce their college costs. The average first-year student at our colleges receives $17,677 per year in grants — financial aid that never has to be paid back. Read more on grants and paying for college.