Cost Details
- In-State Tuition
- $16,488
- Out-of-State Tuition
- $36,402
- Average Net Price
- $17,139
- Students Receiving Financial Aid
- 16.9%
- Room & Board (On Campus)
- $13,028
- Room & Board (Off Campus)
- $13,028
- Books & Supplies
- $1,000
- Total Cost of Attendance
- $30,516
- Median Debt at Graduation
- $19,500
- Estimated Monthly Loan Payment
- $207/mo
- Loan Repayment Rate
- 74.7%
- Students Taking Federal Loans
- 29.1%
- Pell Grant Recipients
- 16.9%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $7,262 |
| $30,001 – $48,000 | $7,634 |
| $48,001 – $75,000 | $10,861 |
| $75,001 – $110,000 | $17,909 |
| $110,001+ | $26,623 |
Cost Estimator
Cost Overview
Most families pay far less than the $30,516 sticker price at Minnesota. Low-income students pay just $7,262 annually, while families earning over $110,000 pay $26,623. The average net price sits at $17,139 per year. Over four years, that translates to roughly $68,556 total.
Graduates leave with a median debt of $19,500. Monthly loan payments average $207, which looks manageable against the $69,020 median salary ten years out. That represents about 3.5% of monthly income going to loans. The 96% employment rate shows strong job prospects after graduation.
Minnesota residents get the biggest bargain here. In-state tuition runs $16,488 compared to $36,402 for outsiders. With 70% of students coming from Minnesota, the university clearly serves its home state well. Only 29% of students take federal loans, suggesting many families can afford the costs without heavy borrowing.
Graduates leave with a median debt of $19,500. Monthly loan payments average $207, which looks manageable against the $69,020 median salary ten years out. That represents about 3.5% of monthly income going to loans. The 96% employment rate shows strong job prospects after graduation.
Minnesota residents get the biggest bargain here. In-state tuition runs $16,488 compared to $36,402 for outsiders. With 70% of students coming from Minnesota, the university clearly serves its home state well. Only 29% of students take federal loans, suggesting many families can afford the costs without heavy borrowing.
Official Net Price Calculator
Get a personalized cost estimate from University of Minnesota-Twin Cities:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.