Eligibility for financial aid
Many students qualify for some type of financial aid. The eligibility requirements for most types of financial aid are below. You can find more information at Federal Student Aid.
Information about financial aid opportunities for undocumented students under the Minnesota Dream Act is also available.
Formal admission is different from just taking classes. Most financial aid requires admission to a degree-seeking program.
"Term-based" online courses are counted towards your credit eligibility for financial aid. Term-based courses take a full semester to complete and are often taken directly through an academic department. "Extended-term" courses are not eligible for financial aid. Typically these courses are only offered through the University’s College of Continuing Education.
When you satisfy all requirements for your first degree, you will no longer be eligible to receive federal financial aid for subsequent terms due to US Department of Education regulations. However, you may still be eligible to receive other non-federal financial aid.
If you are admitted to a second undergraduate degree program, you may be eligible for Federal Direct Subsidized and Unsubsidized loans. If you add a second major after completing a bachelor’s degree, or if you are continuing coursework to complete a second major in a degree program from which you’ve already graduated, you are not eligible for financial aid, including loans.