Average Grant & Scholarships
In 2022, 97 of freshman students at Southwest Minnesota State University received on average $7,101 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.
Average Student Loans
In 2022, 67% of freshman students at Southwest Minnesota State University received $5,124 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.
Financial Aid By Income Level
Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.
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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