Great Value: Costs, Aid and Scholarships

Imagine the fantastic academic training you will receive to help you achieve your dreams. Imagine being a student at a world-class research university. Imagine the incredible opportunities you will find in a dynamic metropolitan area. Imagine the exhilarating atmosphere you will experience at a Big Ten campus. And imagine earning a prestigious degree from one of the nation's top public universities, all for a great value. You'll find all of this at the University of Minnesota.

Please note: Calculations reflect tuition and fees for the 2019-2020 academic year.

Using the University's Net Cost Calculator (also sometimes referred to as the Net Price Calculator,) you can get a sense of the types of need-based aid for which you may be eligible. This calculator is intended to assist you in your college planning. Please note: the University also awards a number of merit-based scholarships, which are not factored into the Net Cost Calculator. Merit-based scholarships are awarded based on an overall assessment of a complete freshman admission application. Please visit our scholarships page for more information on these merit-based awards.

Cost of Attendance Calculator for Future Transfer Students

Transfer students may wish to use this tool to estimate their individual cost of attendance.

Cost of Attendance

Find out the cost of attendance, including tuition, housing, and books.

Residency & Reciprocity

Find information about financial aid or tuition discount programs for students from your home state.

Financial Aid Basics

At the University of Minnesota, 75 percent of enrolled students receive some form of financial aid, such as loans, grants, scholarships, or work study funds. Most families use a variety of resources to pay for a college education. To assist you with your college planning, this page provides information about financial aid basics.


Last year, the U of M awarded over $30 million in academic scholarships. See the complete list and additional details here.

Raise.Me Micro-Scholarship Program

The University of Minnesota Twin Cities partners with Raise.Me to offer two micro-scholarship programs. Students at select Minnesota high schools can earn scholarships for their achievements in high school. In addition, a program is offered for new freshmen enrolling in the College of Food, Agricultural and Natural Resource Sciences.

University of Minnesota Promise Scholarship

Under the University of Minnesota Promise Scholarship (U Promise), eligible new Minnesota resident undergraduates with a family income of up to $120,000, who enroll at any of the University's five campuses, will be guaranteed a U Promise Scholarship.

Minnesota Dream Act: Resources for Undocumented Students from Minnesota

The Minnesota Dream Act, which is also known as The Prosperity Act, was passed into Minnesota law in May 2013 and then adopted as an official University of Minnesota policy in July 2013 by Board of Regents resolution. Learn more about how undocumented Minnesota high school graduates meeting certain criteria can benefit from the Dream Act to receive in-state tuition rates and be considered for financial aid from the state of Minnesota and the University of Minnesota.

Student Jobs

A bustling campus and a thriving metropolitan location mean that we have many student jobs on or near campus.

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