University of St. Thomas

In 2021, University of Saint Thomas's tuition was $50,788 a year.

In 2023, tuition increased 3.8%–from $48,930 the previous year. Usually, college tuition rises about 3% year.

If this information makes going to college seem daunting, remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts are applied. Plus, student loans can make the amount you do have to pay for college feel more doable until you've finishing school and found a job.

University of St. Thomas meets 89% of the demonstrated financial need for undergraduates. First-year students that attend University of St. Thomas full-time are awarded $31,687 a year in financial aid, on average.

In 2020, students graduated with an average of $41,500 in student loans for each student with debt.

University of St. Thomas: In-state vs. Out-of-State Tuition

University of St. Thomas is a private, religious institution, which means it has the same tuition for residents of Minnesota as it does for residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Minnesota residents.

Choosing a college where you qualify for in-state tuition can cut the cost of college tuition. Be sure to check your state's eligibility criteria for in-state tuition. Every state has its own rules about what makes someone eligible for in-state tuition. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria as well, depending on the state you and your parents currently live in.

Explore other Minnesota colleges

Do International Students Pay More to Go to University of St. Thomas?

University of St. Thomas 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 be eligible for private or University of St. Thomas-specific aid and scholarships. International students with need may be eligible for the following types of financial support at University of St. Thomas:

•University of St. Thomas-specific scholarships

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University of St. Thomas Housing Expenses, Fees, and More

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In addition to the cost of tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at University of St. Thomas.

House and Food Costs at University of St. Thomas

Housing and campus dining at University of St. Thomas is $13,764 a year. This number covers the cost of living in dorms or other on-campus housing, plus a meal plan that allows you to eat in the school dining halls.

Board costs may vary depending on the number of meals you intend to eat on-campus

How Much Do Books Cost at University of St. Thomas?

The cost of books often surprises first-year college students. The actual cost of books 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.

Yearly Fees

The majority of colleges charge some yearly fees to help cover the cost of facilties, like the library, gym and computer labs.

Keep in mind, there could also be other costs associated with participating in special activities, like Greek Life, or playing on an intramural sports team. Most colleges have ways for students with financial need to get help covering these fees.

Planes, Trains, and Automobiles: Transportation costs at University of St. Thomas

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 small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use public transportation? All of these questions can drastically impact your transportation budget. Keeping in mind, first-year students are allowed to park a car on campus.

The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area could be costly, but cities may offer more trains, busses and affordable flights to actually get to school. University of St. Thomasis in a city in Minnesota, not far from Minneapolis-St. Paul.

Other Costs

When estimating your budget for college, don’t forget to consider personal expenses, like entertainment, clothes, furnishings and toiletries.

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The Full Cost of Attending University of St. Thomas

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Now, let’s look at the breakdown of all expenses, to get a better idea of the actual cost of attending University of St. Thomas.

Total Cost of University of St. Thomas

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

2023 Total Tuition and Expenses
Tuition	$50,788
Room and Board	$13,764
Other expenses	$1,531

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

Total Estimated Costs
On-Campus	$68,579
Off-Campus	$53,284

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

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University of St. Thomas Financial Aid

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The majority of University of St. Thomas undergrads use financial aid to help pay for school. In 2023, 3,409 of the 6,446 undergrads enrolled received financial aid. University of St. Thomas meets 89% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $31,687 a year. Around 54% of University of St. Thomas undergrads take out student loans to cover any remaining costs. University of St. Thomas graduates who have student loans graduate with an average of $41,500 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$21,941
State Loans	$33,595
Private Loans	$45,237

Most Common Loans for University of St. Thomas Students
Federal Loans	61%
State loans	6%
Private loans	22%

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 St. Thomas financial aid, keep reading, or visit their financial aid website.

Scholarships at University of St. Thomas

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 St. Thomas awarded 3,341 need-based scholarships to students, giving away total of $80.3 million to help students with financial need cover the cost of school. An additional $60.25 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Net Cost of University of St. Thomas

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 St. Thomas 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 St. Thomas was $31,687 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 St. Thomas seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$36,892
Off-Campus	$21,597

What will attending University of St. Thomas 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 get a better idea of the actual cost of attending that school, based on their financial situation. You can find the University of St. Thomas's net cost calculator on their website.

University of St. Thomas 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 University of Saint Thomas Offer Tuition Waivers?

Schools sometimes offer tuition waivers to certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, students are usually responsible for housing, meal plans, and other expenses.

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

University of St. Thomas'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.

University of St. Thomas's endowment was valued at $494 million in 2023, compared to a national average of $905 million.

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Learn More About University of St. Thomas

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

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