University of Minnesota, Twin Cities Campus

In 2022, tuition for full-time students at UMN Twin Cities was $14,496 a year for in-state students and $34,410 a year for out-of-state students.

Usually, college tuition rises about 3% year.

Remember, the total cost of tuition isn't the final cost for attending college. Many students owe way less than the sticker price after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make the amount you do have to pay for college feel more doable until you've finishing school and found a job.

International students can expect to pay 34,410 per year for tuition at University of Minnesota, Twin Cities Campus.

University of Minnesota, Twin Cities Campus meets 77% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at University of Minnesota, Twin Cities Campus is around $16,337 a year.

Students in the class of 2023 who had taken out student loans graduated with an average of $26,576 of debt.

In-state vs. Out-of-state Tuition at University of Minnesota, Twin Cities Campus

University of Minnesota, Twin Cities Campus is a public, state institution, so it offers a reduced tuition rate of $14,496 for in-state students who attend full-time.Non-Minnesota residents can expect to pay 34,410 per year for tuition.

Public schools receive funds from the state to help them cover costs. Public, state schools can offer lower tuition for students who meet the requirements for in-state residency.

Choosing a school where you qualify for the reduced tuition offered to state residentscan drastically reduce the cost of tuition, as well as loans and interest owed. Be sure to check your state's rules for in-state residency. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements as well, depending on the state you and your parents currently reside in.

Explore other Minnesota colleges

University of Minnesota, Twin Cities Campus International Student Tuition

University of Minnesota, Twin Cities Campus has the same tuition for international students as for those from out of state.

International students at University of Minnesota, Twin Cities Campus usually pay around $34,410 per year, before any scholarships or financial aid.

International students are not eligible for federal financial aid, but may be eligible for private or school-specific grants, scholarships, and other funding opportunities.

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University of Minnesota, Twin Cities Campus Living Expenses, Fees, and More

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Tuition is not the only cost of attending college; there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at University of Minnesota, Twin Cities Campus.

Room and Board Costs at University of Minnesota, Twin Cities Campus

Room and board at University of Minnesota, Twin Cities Campus is $13,028 a year. This includes the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining halls.

Meal-plan costs vary based on on the number of meals you intend to eat on-campus

Cost of Books at University of Minnesota, Twin Cities Campus

The cost of books often surprises first-year college students. The actual cost of books depends on the courses you take and the textbooks, computer programs, or other materials are required.. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

Most schools charge some yearly fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be additional fees associated with participating in certain activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have resources for students with demonstrated need to find ways to lower or eliminate these fees.

Transportation costs

The cost of getting around in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your estimated cost of transportation. At University of Minnesota, Twin Cities Campus, freshman are allowed to park on campus.

A school's location can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area may be costly, but cities may offer more trains, busses or affordable flights to actually get to school. The University of Minnesota, Twin Cities Campus campus is located in a city in Minnesota, near Minneapolis-St. Paul.

Other Costs

When budgeting for college, be sure to factor in personal expenses, like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at University of Minnesota, Twin Cities Campus

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Now, let’s go over all of the costs we've covered, to get a better estimate of how much students can expect to shell out for University of Minnesota, Twin Cities Campus.

How Much Does University of Minnesota, Twin Cities Campus Cost?

What will the cost of attending University of Minnesota, Twin Cities Campus be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
In-state Tuition	$14,496
Out-of-State Tuition	$34,410
Room and Board	$13,028
Other expenses	$2,000

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

University of Minnesota, Twin Cities Campus’s tuition and fees change based on: •Campus location for full-time and part-time students •Course load for both full and part-time students

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University of Minnesota, Twin Cities Campus Financial Aid

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In 2023, 13,002 of the 39,248 undergrads enrolled received financial aid. University of Minnesota, Twin Cities Campus meets 77% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $16,337 a year. Around 51% of University of Minnesota, Twin Cities Campus undergrads take out student loans to cover any remaining costs. University of Minnesota, Twin Cities Campus graduates who have student loans graduate with an average of $26,576 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$18,394
State Loans	$27,887
University of Minnesota, Twin Cities Campus-Specific Loans	$4,595
Private Loans	$31,296

Most Common Loans for University of Minnesota, Twin Cities Campus Students
Federal Loans	49%
State loans	5%
Institutional Loans	2%
Private loans	9%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on University of Minnesota, Twin Cities Campus financial aid, keep reading, or visit their financial aid website.

Scholarships at University of Minnesota, Twin Cities Campus

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, University of Minnesota, Twin Cities Campus awarded 11,601 need-based scholarships to students, giving away total of $174.6 million to help students with financial need cover the cost of school. An additional $24.36 million in merit-based scholarship money was awarded to students without demonstrated financial need.

University of Minnesota, Twin Cities Campus Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for University of Minnesota, Twin Cities Campus students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at University of Minnesota, Twin Cities Campus was $16,337 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Minnesota, Twin Cities Campus seem more manageable.

Estimated Net Cost for Full-Time Students
In-State, On-Campus	$-2,150
Net In-state, Off-campus	$-841
Out-of-State, On-Campus	$34,101

Note: a negative number can indicate that a refund will be given to use toward other expenses such as housing, fees, and books. In such cases, be sure to reach out to the school directly for any clarification or questions.

What will attending University of Minnesota, Twin Cities Campus really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the University of Minnesota, Twin Cities Campus's net cost calculator on their website.

University of Minnesota, Twin Cities Campus Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

University of Minnesota, Twin Cities Campus does not have guaranteed tuition.

University of Minnesota, Twin Cities Campus offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

UMN Twin Cities Tuition Waivers

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

University of Minnesota, Twin Cities Campus's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of University of Minnesota, Twin Cities Campus's endowment was $2.3 billion. The average college endowment was $905 million in 2021.

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Learn More About University of Minnesota, Twin Cities Campus

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