University of Minnesota Rochester

On average, colleges raise tuition about 3% each year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students pay far less than the total tuition after grants, scholarships, and tuition discounts are awarded. And, student loans can make the amount you do have to pay out of pocket more manageable until you've finishing school and found a job.

University of Minnesota Rochester meets 82% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at University of Minnesota Rochester is around $16,552 a year.

Graduates in the class of 2023 had an average of $26,631 in student loans per borrower.

In-state vs. Out-of-state Tuition at University of Minnesota Rochester

**University of Minnesota Rochester is a public, state institution, **

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Minnesota residents.

Attending an insitution where you are eligible for in-state tuition can drastically reduce the overall cost of college. Don't forget to confirm your state's eligibility criteria for in-state residency. Each state has different requirements to qualify as in-state resident. The most common requirement is that students must have lived in the state for a full year before starting school. There may be additional requirements too, depending on where you live.

Explore other Minnesota colleges

Is University of Minnesota Rochester's Tuition Different for International Students?

University of Minnesota Rochester has the same tuition for international students as for those from out of state.

Students from outside of the U.S. usually do not qualify for for federal financial aid, but may qualify for private or school-specific aid and scholarships. International students with need may be eligible for the following types of financial support at University of Minnesota Rochester:

•University of Minnesota Rochester-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

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University of Minnesota Rochester Housing Expenses, Fees, and More

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Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at University of Minnesota Rochester.

Room and Board Costs at University of Minnesota Rochester

Meal-plan costs vary based on on the number of meals you intend to eat on-campus

Cost of Books at University of Minnesota Rochester

First-year students are sometimes surprised by how much books and supplies cost–and not in a good way. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.

Annual Fees

Most schools charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

There may be other costs associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have resources so that those who may struggle to participate because of cost can find ways to lower or eliminate these costs.

Planes, Trains, and Automobiles: Transportation costs at University of Minnesota Rochester

The cost of transportation in college depends on a few key factors. Will you drive, fly, or take public transportation to school? Is on-campus parking free, or will you need to budget for parking? Is the campus easy to get around on foot? Do you own a car, or will you need to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. At University of Minnesota Rochester, freshman are allowed to park on campus.

A school's location can also have a big effect on transportation costs. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand getting around in an urban area is often costly, but cities may offer more buses, trains or affordable flights to actually get to school. University of Minnesota Rochesteris in a city in Minnesota.

Other Costs

When creating a budget for college, don’t forget to leave some room in your budget for the cost of things like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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Total Tuition and Expenses at University of Minnesota Rochester

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Now, let’s go over all of the costs we've covered, to get a better estimate of what is really costs to go to University of Minnesota Rochester.

Total Cost of University of Minnesota Rochester

What will the cost of attending University of Minnesota Rochester be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Financial Aid at University of Minnesota Rochester

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The majority of University of Minnesota Rochester undergrads use financial aid to help pay for school. In 2023, 393 of the 630 undergrads enrolled received financial aid. University of Minnesota Rochester meets 82% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $16,552 a year. Around 64% of University of Minnesota Rochester undergrads take out student loans to cover any remaining costs. University of Minnesota Rochester graduates who have student loans graduate with an average of $26,631 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$18,686
State Loans	$20,469
University of Minnesota Rochester-Specific Loans	$2,667
Private Loans	$26,852

Most Common Loans for University of Minnesota Rochester Students
Federal Loans	64%
State loans	5%
Institutional Loans	3%
Private loans	16%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on University of Minnesota Rochester financial aid, keep reading, or visit their financial aid website.

Scholarships at University of Minnesota Rochester

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, University of Minnesota Rochester awarded 366 need-based scholarships to students, giving away total of $4.9 million to help students with financial need cover the cost of school. An additional $430,000 in merit-based scholarship money was awarded to students without demonstrated financial need.

University of Minnesota Rochester Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for University of Minnesota Rochester students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at University of Minnesota Rochester was $16,552 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of University of Minnesota Rochester seem more manageable.

What will attending University of Minnesota Rochester really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the University of Minnesota Rochester's net cost calculator on their website.

University of Minnesota Rochester Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Does UMN Rochester Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some schools offer tuition waivers for faculty, staff, and their families , underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

University of Minnesota Rochester's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about University of Minnesota Rochester's endowment, check with the school directly.

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Learn More About University of Minnesota Rochester

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Click below to find out more about the admissions requirements and deadlines, student life, academics, majors and more.

Overview

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