University of Minnesota-Twin Cities

https://twin-cities.umn.edu

2024 Undergraduate Tuition

$15,148

4.5% growth from 2023

2024 Average Net Price

$17,209

After Financial Aid

2023 Default Rate

0.0142%

on Student Loans

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

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.

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.

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.

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.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.0142%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at University of Minnesota-Twin Cities was 0.0142%, which represents 1 out of the 7066 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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.

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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
30,824 enrolled students
Asian
6,506 enrolled students
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.

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

Physicians

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).

Highest Paying Jobs by Major

Surgeons

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).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

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).

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)

Spanish Language & Literature
5 degrees awarded
Clinical Laboratory Technologist
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.

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.

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.

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.

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.

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
7,800 degrees awarded
Asian
1,356 degrees awarded
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.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
5,476 degrees awarded
White Female
5,351 degrees awarded
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).

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.

Government Grants and Contracts

Grants & Contracts

$648M - Federal
$95M - State
$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.

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.

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.

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.

University of Minnesota-Twin Cities

About

University of Minnesota-Twin Cities

SHOW ME THE DATA

About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Graduation Rate by Race and Sex

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Government Grants and Contracts

Salary Expenditure

Instructional Salaries

Occupations by Share

Keep Exploring