What to Know About Tuition & Fees
Prepare financially for your degree. Compare UMN Twin Cities' fees and tuition to other U.S. colleges. Check for price developments and potential increases to see if you have to allocate more money for the next four years of paying for college.
How Does University of Minnesota - Twin Cities Compare to Other Schools?
The subsequent table outlines how UMN Twin Cities measures up to other schools nationally, regionally and by state.
|Nationwide||The Plains States||Minnesota|
|Tuition and Fees||Above Average||Above Average||Above Average|
|In-State Tuition and Fees||Average||Average||Below Average|
In-State Students Can Receive a Discounted Tuition
UMN Twin Cities tuition and fees is significantly lowered for residents of Minnesota. For in-state students, tuition and fees is set at $14,417 for the 2017 - 2018 year, 45.8% off the price charged to out-of-state students. Tuition is $12,800 and fees $1,617.
UMN Twin Cities out-of-state undergrads paid $26,603 in fees and tuition in 2017 - 2018. $1,617 was for fees, and $24,986 was tuition.
The subsequent table outlines the costs described above for the 2017 - 2018 academic year.
For more info, visit UMN Twin Cities Cost Per Credit Hour.
Future Full-Time Tuition and Fees
University of Minnesota - Twin Cities tuition and fees for out-of-state students grew with a typical yearly rate of 6.7% in the last 5 years. In the same time period, tuition grew by 7.0% and fees grew by 3.0%. Based on this, we estimate the cost of tuition and fees this year will total $28,393.
For a two-year degree, we estimate tuition and fees will be $58,698 and $125,562 for a four-year degree. Remember, this does not cover additional charges including room and board, transportation, and books.
The next chart displays projected future fees and tuition which includes residence based discounts for undergrads at UMN Twin Cities.
Because of inflation along with other variables, the price of college is likely to grow every year. For this reason your final year of college could be much more than your initial year.
Get your finance college questions answered in our tuition & fees FAQ.