Criteria for Awarding Funds
The University of Minnesota decides who receives funds from University Grants and Scholarships, Federal Supplemental Educational Opportunity Grants (FSEOG), Federal/State College Work-Study (CWS), and Federal Perkins Loans. These are called “campus-based” funds and are awarded using the following criteria:
- Financial need as calculated by the Free Application for Federal Student Aid (FAFSA);
- Amount of aid available from federal, state, University and private sources for the academic year;
- Distribution formulas established by the Office of Admissions and Student Financial Aid under the direction of the University administration.
Federal Pell Grants, Minnesota State Grants, and many other funding programs are awarded based on the criteria established by the funding agency
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