Financial aid
New!
We have revised the financial aid section of One Stop. Our goals are to provide you with quicker pathways to action, and a better, more comprehensive basic orientation. Let us know what you think.
The One Stop website and One Stop counselors are your primary financial aid resources on campus.
Financial aid basics
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
Check your Financial Aid Status
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 (using direct deposit) 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.
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