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Financial Aid

The One Stop website and One Stop counselors are your primary financial aid resources on campus. Please thoroughly review the Financial Aid Rights and Responsibilities.

Application Guide

The above link takes you to an outline and orientation to the process of getting financial aid at the University of Minnesota. Newcomers, please review the entire process, or go straight to your task listed below.

Apply for financial aid

The basics of how to get financial aid at the University

The University's personalized tool for guiding you through each step in the financial aid process.

Respond to your Financial Aid Award Notice (eFAAN)

An email notification will link you to this offer of financial aid awards.

Complete loan documents

If you choose to accept loans, use Financial Aid Status to complete all your documentation

Disbursement of funds

Your financial aid pays into your student account, and you get either a credit balance (usingĀ ) or a bill.

Modify your awards or eligibility

You may be able to change your awards or explain extenuating circumstances that may impact your financial aid.

May & summer term aid

Based on May session and summer term enrollment combined, summer options are limited.

Study abroad & off-campus learning

The University supports admitted students in pursuing off-campus academic opportunities that add to the value of your degree.

Financial Aid FAQ

Aid sources

Once your FAFSA results are received by the University, you will be awarded financial aid, according to your eligibility. You are considered first for gift aid, then work-study (if requested on the FAFSA or earned last year), and last, loans, from one or more of the following sources:

Grants, waivers, & education benefits

Grant awards are based on your financial need as calculated by a federally-mandated formula and other eligibility as determined by the University of Minnesota. Tuition waivers and education benefits may have additional eligibility requirements or applications.

Scholarships

University, college, and departmental scholarships, national and local awards; resources for searching and tips for successful application

Work-study

Federal or state funds that are awarded as financial aid and paid as a wage

Loans

University-based, federal, state, and/or private student loans

Education tax benefits

Information about tax form 1098T, the American Opportunity Tax Credit, and other education tax benefits considered sources of aid