Cost & financial aid brief
University of Minnesota-Twin Cities Tuition, Costs & Financial Aid
How much does UMN cost after financial aid?
At University of Minnesota-Twin Cities, the average net price—what aid recipients pay after grants and scholarships—is $16,778, a $13,283 reduction from the published cost of $30,061 (an average). For the typical recipient, aid covers about 44% of that sticker price.
Average net prices by family-income band are $6,642 for those earning under $30,000, $7,283 for the $30,001–$48,000 band, $9,931 for $48,001–$75,000, $16,415 for $75,001–$110,000, and $27,008 for families earning over $110,000. The $20,366 spread between those extremes reflects aid that is concentrated on lower-income families.
University of Minnesota-Twin Cities publishes a cost of attendance of $30,061, an average across living arrangements. In-state tuition and fees are $17,214, and room and board are $13,856.
For families earning under $30,000, the average net price—what aid recipients pay after grants and scholarships—is $6,642, rising to $9,931 for the $48,001–$75,000 band and $27,008 for families earning over $110,000. The spread between the lowest and highest bands is $20,366, a difference of averages that reflects the university's sliding-scale aid structure.
Azimuth ranks the university #392 for affordability among nonprofit four-year institutions. Aid covers about 44% of the published cost for the average aid recipient, an offset of $13,283 against the sticker price.
The average net price across all aid recipients is $16,778, which sits above the peer median of $15,634 for comparable institutions (same type and size) by $1,144. Out-of-state students face a higher published tuition of $38,362, though aid packages adjust accordingly.
Graduates who borrow federal loans leave with a median federal student debt of $19,500, below the peer median of $20,076 by $576. About 87.7% of federal aid recipients take federal loans.
That debt corresponds to an estimated payment of $222 a month if repaid over ten years. Parents who borrow through Parent PLUS carry a separate median of $25,729.
Student loans: what does repayment look like?
Borrowing is common at University of Minnesota-Twin Cities, where 87.7% of undergraduates take federal loans, yet the debt levels that completers carry are moderate and sit below the peer median. Among those who finish a degree, the median federal student debt is $19,500.
That median is below the $20,076 median for comparable institutions (same type and size) by $576. Parent borrowers, a separate population, carry a median Parent PLUS loan of $25,729.
University of Minnesota-Twin Cities posts a median of $71,941 four years after completion among federally aided graduates who are working and not enrolled. The median lands in the 79th percentile among nonprofit four-year institutions.
That figure is $6,331 above the $65,610 level for comparable institutions (same type and size). Graduates earn about $5,833 more than expects for similar students.
That gap falls at the 73rd percentile. Earnings scenarios estimated from the program mix range from $53,789 to $99,824, with $71,941 as the typical outcome.
Borrowers who complete hold a median of $19,500 in federal loans. That amount is $576 below the $20,076 median for comparable institutions (same type and size).
That debt corresponds to an estimated payment of $222 a month if repaid over ten years.
Median Parent PLUS borrowing, a separate parent-borrower population, is $25,729. The estimated monthly student payment if repaid over ten years is $222.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $25,729
- Estimated parent payment
- $327/mo
| Household income | Share of income above basic expenses | Risk level |
|---|---|---|
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 19.3% | High pressure |
| $100,000 | 8.6% | Caution |
| $150,000 | 4.1% | Safe |
| $200,000 | 2.7% | Safe |
The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. Open the parent tool for your own numbers. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $19,500
- Institution Parent PLUS debt
- $25,729
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $222/mo
- Estimated Parent PLUS payment · monthly
- $327/mo
- Modeled student + parent payments
- $549/mo
Payments use school-wide median balances, not a specific major’s.
Student payment as a share of available income
At median graduate earnings of $71,941, with a $23,940 annual allowance for basic expenses:
5.5% of income above the allowance · Excellent
- Excellent Under 8% · selected scenario
- Good 8–under 12%
- Concerning 12–20%
- High risk Over 20%
How this estimate works
These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.
Payment assumptions
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, founder of College Azimuth.
Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.
Figure notes link to sources and limitations. About College Azimuth.
Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.
A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.