MCTC Provided $5,415 in Grant/Scholarship to 72% Students in 2022

Average Grant & Scholarships

In 2022, 72 of freshman students at Minneapolis Community and Technical College received on average $5,415 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

	Students Receiving Aid	Average Amount	Total Amount
Pell Grant	240	57%	$4,445	$1,066,716
Other Federal Grant	294	69%	$4,507	$1,325,135
State Grant/Scholarships	240	57%	$1,236	$296,715
Institutional Grant/Scholarships	11	3%	$2,706	$29,763
Total Grant & Scholarships	305	72%	$5,415	$1,651,613

Students Receiving Aid

Average Amount

Total Amount

Pell Grant

240

57%

$4,445

$1,066,716

Other Federal Grant

294

69%

$4,507

$1,325,135

State Grant/Scholarships

240

57%

$1,236

$296,715

Institutional Grant/Scholarships

$2,706

$29,763

Total Grant & Scholarships

305

72%

$5,415

$1,651,613

	Students Receiving Loan	Average Amount	Total Amount
Federal Student Loans	82	19%	$6,260	$513,327
Private Loans	2	0%	$14,051	$28,102
Total Loans	83	20%	$6,523	$541,429

Students Receiving Loan

Average Amount

Total Amount

Federal Student Loans

19%

$6,260

$513,327

Private Loans

$14,051

$28,102

Total Loans

20%

$6,523

$541,429

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

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Minneapolis Community and Technical College

Average Grant & Scholarships

Average Student Loans

Financial Aid By Income Level

Yellow Ribbon Program

Post-9/11 GI Bill

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