University of Minnesota–Twin Cities

Overview of University of Minnesota–Twin Cities (UMN)

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Students are able to choose campus housing if they want to be close to their classes. The student body is large, with 50,700+ students enrolled. Undergraduates make up 69% of the enrolled students; 34,400+ students are seeking their bachelor’s degrees. Graduate students at the school number closer to 36,300, or 31% of the population. Females make up 53% of the student enrollment, while males make up 47%. The student-to-faculty ratio is a little high at 17 to 1; students may need to make more of an effort to get in to see instructors if they have issues with their classes.

Top Rankings For University of Minnesota–Twin Cities

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UMN Acceptance Rate and Admissions

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UMN Tuition Cost & Financial Aid

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Tuition, fees, books, supplies, room/board, and other expenses bring the total cost for a recent academic year to around $28,800. In-state students pay $15,027 for tuition, while out-of-state students pay $33,325. Depending on your family income, this could easily be too expensive for students and their families to undertake.

This is where the average net price comes in. At the UofM, for a recent academic year, this was $16,691. This is lower than the sticker price quoted above because it is calculated after financial aid kicks in; this is what average student and their family have left to pay after their full financial aid package comes through.

The average net price is established by income, as outlined below.

Financial aid granted to beginning students looks like this - 5,019 students, or 81%, received this aid. Grants and scholarships were awarded to 3,852 students (63%) with an average total of $9,521; institutional grants and scholarships were awarded to 3,735 students (60%) with average awards of $6,095.

Sticker Price

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Academics

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The student retention rate for freshmen at this institution is 93%; this means that most first-time students return for a second year of academic instruction. The 4-year graduation rate for those who continue to attend is 65%. There is an ongoing trend of students taking more than four years to complete their degrees, so many schools report the 6-year graduation rate as well, which is 80% at this institution.

With a 17 to 1 student faculty ratio and a student population of almost 51,000, it’s clear that the campus is a larger one. Students who have to work during the day may want to attend evening classes and, at the UofM Twin Cities campus, they can. They can also take their classes via online classes, which allows them to keep up with students who are attending face-to-face classes.

Student Population Total

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Outcome & Salary

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The outcome and salary for graduates of the University of Minnesota is high enough that they can benefit from a solid return on investment (ROI). Their average salary is $72,000; their average early-career salary is $57,200 and their average mid-career salary rises to $104,000. As the 4-year cost of their education is an average of $66,764, you can see that what they will make after earning their degree will more than cover the cost of said education. A graduate’s 10-year salary earnings potential is $720,000 and their 20-year salary earnings potential is $1,760,000.

This makes the 10-year projected ROI $653,236 and their 20-year projected ROI as high as $1,693,236.

Students graduating high school who don’t go to college earn a national average salary of $38,792. Their 10-year projected income is $387,920 and their 20-year projected income is $775,840.

Photos & Videos

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