University of Minnesota-Twin Cities

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    2024 Undergraduate Tuition
    $15,148
    4.5% growth from 2023
    2024 Average Net Price
    $17,209
    After Financial Aid
    2024 Acceptance Rate
    79.7%
    41,496 Applicants
    2024 Enrolled Students
    56,666
    69.9% Full-Time
    2024 Graduation Rate
    85.3%
    5,083 Graduates

    About

    University of Minnesota-Twin Cities is a higher education institution located in Hennepin County, MN. In 2024, the most popular Bachelors Degree concentrations at University of Minnesota-Twin Cities were Computer Science (601 degrees awarded), General Psychology (559 degrees), and Other Multidisciplinary Studies (406 degrees).

    In 2024, 12,810 degrees were awarded across all undergraduate and graduate programs at University of Minnesota-Twin Cities. 55.2% of these degrees were awarded to women, and 44.8% awarded men. The most common race/ethnicity group of degree recipients was white (7,800 degrees), 5.75 times more than then the next closest race/ethnicity group, asian (1,356 degrees).

    The median undergraduate tuition at University of Minnesota-Twin Cities is $15,148, which is $−16,772 less than the national average for Doctoral Universities ($31,920).

    About the photo: Mayo Memorial Building

    Costs

    In 2024, the median undergraduate tuition at University of Minnesota-Twin Cities is $15,148, which is $16,772 less than the national average for Doctoral Universities ($31,920).

    After taking grants and loans into account, the average net price for students is $17,209.

    In 2024, 51% of undergraduate students attending University of Minnesota-Twin Cities received financial aid through grants. Comparatively, 28% of undergraduate students received financial aid through loans.

    Tuition Costs

    $15,148
    2024 Undergraduate Tuition

    In 2024, the cost of tuition at University of Minnesota-Twin Cities was $15,148. The cost of tuition at University of Minnesota-Twin Cities is $−16,772 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

    This chart compares the tuition costs of University of Minnesota-Twin Cities (in red) with those of other similar universities.

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    Average Net Price

    $17,209
    2024 Value
    2.86%
    1 Year Growth

    In 2024 University of Minnesota-Twin Cities had an average net price — the price paid after factoring in grants and loans — of $17,209. Between 2023 and 2024, the average net price of University of Minnesota-Twin Cities grew by 2.86%.

    This chart compares the average net price of University of Minnesota-Twin Cities (in red) with that of other similar universities.

    Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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    Other Student Expenses

    $13,028
    Room and Board
    $1,000
    Books and Supplies

    The average yearly cost of room and board at University of Minnesota-Twin Cities was of $13,028 in 2024. The cost of room and board increased by 9.53% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

    This chart compares the average student costs at University of Minnesota-Twin Cities (in red) with that of similar universities.

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    Financial Aid by Income Level

    51%
    Undergraduates Receiving Financial Aid through Grants
    28%
    Undergraduates Receiving Financial Aid through Loans

    51% of undergraduate students at University of Minnesota-Twin Cities received financial aid through grants or loans in 2024. This represents a growth of 0% with respect to 2023, when 51% of undergraduate students received financial aid.

    This chart compares the average award discount at University of Minnesota-Twin Cities (in red) with that of other similar universities.

    The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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    Admissions

    University of Minnesota-Twin Cities received 41,496 undergraduate applications in 2024, which represents a 4.1% annual growth. Out of those 41,496 applicants, 33,091 students were accepted for enrollment, representing a 79.7% acceptance rate.

    There were 56,666 students enrolled at University of Minnesota-Twin Cities in 2024. 8% of first-time enrollees submitted SAT scores with their applications.

    University of Minnesota-Twin Cities has an overall enrollment yield of 22.3%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    79.7%
    Acceptance Rate in 2024
    33,091
    Accepted Out of 41,496

    In 2024, the undergraduate acceptance rate of University of Minnesota-Twin Cities was 79.7% (33,091 admissions from 41,496 applications). This is higher than the acceptance rate of 2023, which was 77%. Between 2023 and 2024, the number of applicants grew by 4.1%, while admissions grew by 7.77%.

    This chart compares the acceptance rate of University of Minnesota-Twin Cities (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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    SAT Scores

    8%
    Submission Percentage (2024)
    606
    Scores Submitted (2024)

    8% of enrolled first-time students at University of Minnesota-Twin Cities in 2024 submitted SAT scores with their applications.

    The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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    Enrollment

    University of Minnesota-Twin Cities had a total enrollment of 56,666 students in 2024. The full-time enrollment at University of Minnesota-Twin Cities is 39,612 students and the part-time enrollment is 17,054. This means that 69.9% of students enrolled at University of Minnesota-Twin Cities are enrolled full-time.

    The enrolled student population at University of Minnesota-Twin Cities, both undergraduate and graduate, is 54.4% White, 11.5% Asian, 8.07% Black or African American, 6.49% Hispanic or Latino, 4.66% Two or More Races, 0.424% American Indian or Alaska Native, and 0.0529% Native Hawaiian or Other Pacific Islanders.

    Students enrolled at University of Minnesota-Twin Cities in full-time Undergraduate programs are most commonly White Female (31.2%), followed by White Male (26.1%) and Asian Female (7.16%). Students enrolled in full-time Graduate programs are most commonly White Female (31.4%), followed by White Male (17.9%) and Asian Female (5.26%).

    Full-Time vs Part-Time Enrollment

    69.9%
    Full-Time Enrollment

    The total enrollment at University of Minnesota-Twin Cities in 2024, both undergraduate and graduate, is 56,666 students. The full-time enrollment at University of Minnesota-Twin Cities is 39,612 and the part-time enrollment is 17,054. This means that 69.9% of students enrolled at University of Minnesota-Twin Cities are enrolled full-time compared with 77.3% at similar Doctoral Universities.

    This chart shows the full-time vs part-time enrollment status at University of Minnesota-Twin Cities (in red) compares to similar universities.

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    Retention Rate over Time

    91%
    2024 Retention Rate

    Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at University of Minnesota-Twin Cities was 91%. Compared with the full-time retention rate at similar Doctoral Universities (82%), University of Minnesota-Twin Cities had a retention rate higher than its peers.

    This chart shows the retention rate over time at University of Minnesota-Twin Cities (highlighted in red) compares to similar universities.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      30,824 enrolled students
    2. Asian
      6,506 enrolled students
    3. Black or African American
      4,572 enrolled students

    The enrolled student population at University of Minnesota-Twin Cities is 54.4% White, 11.5% Asian, 8.07% Black or African American, 6.49% Hispanic or Latino, 4.66% Two or More Races, 0.424% American Indian or Alaska Native, and 0.0529% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% Black or African American.

    Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 2,768 students (4.88%) did not report their race.

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    Graduates

    In 2024, 1,344 more women than men received degrees from University of Minnesota-Twin Cities. The most common race/ethnicity group of degree recipients at University of Minnesota-Twin Cities is white (7,800 degrees awarded). There were 5.75 times more white recipients than the next closest race/ethnicity group, asian (1,356 degrees).

    The most common Bachelor's Degree concentration at University of Minnesota-Twin Cities is Computer Science (601 degrees awarded), followed by General Psychology (559 degrees) and Other Multidisciplinary Studies (406 degrees).

    In 2024,  the most specialized majors across all degree types at University of Minnesota-Twin Cities, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (180 degrees awarded), Math & Statistics (317 degrees), and Biology (1,192 degrees).

    Common Jobs by Major

    Most Common Job

    The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of Minnesota-Twin Cities are Physicians (470,423 people), Other managers (240,601 people), Postsecondary teachers (238,887 people), Other Physical Scientists (195,440 people), and Software developers (141,901 people).

    The most specialized majors at University of Minnesota-Twin Cities in 2024 are Architecture and Related Services (180 degrees awarded), Math & Statistics (317 degrees), Biology (1,192 degrees), Agriculture (346 degrees), and Physical Sciences (289 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    Highest Paying Job

    The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of Minnesota-Twin Cities are Surgeons, Cardiovascular technologists and technicians, Magnetic resonance imaging technologists, Physicians, and Securities, commodities, & financial services sales agents

    The most specialized majors at University of Minnesota-Twin Cities are Architecture and Related Services (180 degrees awarded), Math & Statistics (317 degrees), Biology (1,192 degrees), Agriculture (346 degrees), and Physical Sciences (289 degrees) (as of 2024).

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    Common Industries by Major

    The most common industries for people who hold a degree in one of the 5 most specialized majors at University of Minnesota-Twin Cities are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (579,323 people), Colleges, universities & professional schools, including junior colleges (504,798 people), Elementary & secondary schools (333,274 people), Scientific research & development services (242,333 people), and Architectural, engineering & related services (219,461 people).

    The most specialized majors at University of Minnesota-Twin Cities are Architecture and Related Services (180 degrees awarded), Math & Statistics (317 degrees), Biology (1,192 degrees), Agriculture (346 degrees), and Physical Sciences (289 degrees) (as of 2024).

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    Majors Awarded

    IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University of Minnesota-Twin Cities.
    Most Common (2024)
    1. 5 degrees awarded
    2. 4 degrees awarded

    In 2024, the most common 1 to 2 year postsecondary certificate concentration at University of Minnesota-Twin Cities was Spanish Language & Literature with 5 degrees awarded.

    This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at University of Minnesota-Twin Cities according to their major.

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    Sex Breakdown for Common Majors

    5,733
    Degrees Awarded to Men
    in 2024
    7,077
    Degrees Awarded to Women
    in 2024

    In 2024, 5,733 degrees were awarded to men at University of Minnesota-Twin Cities, which is 0.81 times less than the number of degrees awarded to females (7,077).

    This chart displays the sex disparity between the top 5 majors at University of Minnesota-Twin Cities by degrees awarded.

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    Most Common Male Majors

    In 2024, 562 degrees were awarded to men at University of Minnesota-Twin Cities in Computer Science, which is 3.53 times more than the 159 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 436 degrees were awarded to men at University of Minnesota-Twin Cities in General Psychology, which is 3.28 times more than the 133 male recipients with that same degree.

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    Time to Complete

    73%
    100% Completion Time
    84%
    150% Completion Time

    In 2024, 73% of students graduating from University of Minnesota-Twin Cities completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 85% within 200%.

    The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

    Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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    Graduation Rate by Race and Sex

    Showing demographic groups with ≥ 5 graduating students.
    White Female
    Highest Graduation Rate (87.6%)

    The student demographic with the highest graduation rate in 2024 at University of Minnesota-Twin Cities is Female and White (87.6% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

    The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

    The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 2.85% of graduates (145 students) did not report their race.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      7,800 degrees awarded
    2. Asian
      1,356 degrees awarded
    3. Black or African American
      721 degrees awarded

    The most common race/ethnicity at University of Minnesota-Twin Cities is white (7,800 degrees awarded). There were 5.75 times more white recipients than the next closest race/ethnicity group, asian (1,356 degrees).

    2.35% of degree recipients (301 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Female
      5,476 degrees awarded
    2. White Female
      5,351 degrees awarded
    3. White Female
      5,309 degrees awarded

    The most common race/ethnicity and sex grouping at University of Minnesota-Twin Cities is white female (5,476 degrees awarded). There were 1.02 times more white female recipients than the next closest race/ethnicity group, white female (5,351 degrees).

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    Operations

    University of Minnesota-Twin Cities has an endowment valued at nearly $5.51B, as of the end of the 2024 fiscal year. The return on its endowment was of 218M (3.95%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

    In 2024, University of Minnesota-Twin Cities had a total salary expenditure of 4.1B. University of Minnesota-Twin Cities employs 937 Professors, 601 Associate professors and 537 Assistant professors. Most academics at University of Minnesota-Twin Cities are Male Professor (627), Male Associate professor (313), and Female Professor (310).

    The most common positions for non-instructional staff at University of Minnesota-Twin Cities are: Computer, Engineering, and Science, with 2,145 employees, Business and Financial Operations, with 1,820 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 1,435 employees.

    Endowment

    $5.51B
    2024 Endowment
    7.9%
    growth from 2023

    University of Minnesota-Twin Cities has an endowment valued at about $5.51B, as of the end of the 2024 fiscal year. The endowment of University of Minnesota-Twin Cities grew 7.9% from the previous year. The value of their endowment was $5.26B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

    This line chart shows how the endowment at University of Minnesota-Twin Cities (in red) compares to that of some similar universities.

    The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

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    Government Grants and Contracts

    Grants & Contracts
    1. $648M - Federal
    2. $95M - State
    3. $14.5M - Local

    As of 2024, University of Minnesota-Twin Cities received $648M in grants and contracts from the federal government, $95M from state grants and contracts, and $14.5M from local grants and contracts.

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    Salary Expenditure

    $1.87B
    2024 Salaries
    7.5%
    growth from 2023

    In 2024, University of Minnesota-Twin Cities paid a median of $1.87B in salaries, which represents 45.7% of their overall expenditure ($4.1B) and a 7.5% growth from the previous year. This is compared to a 8.2% growth between 2022 and 2023, and a 7.96% growth between 2021 and 2022.

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    Instructional Salaries

    $327M
    Instructional Salaries
    2,444
    Number of Employees

    In 2024, University of Minnesota-Twin Cities paid a total of $327M to 2,444 employees working as instructors, which represents 17.4% of all salaries paid.

    This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at University of Minnesota-Twin Cities were Computer, Engineering, and Science with 2,145 employees, Business and Financial Operations with 1,820 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 1,435 employees.

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