Fee | Cost |
---|---|
Tuition | $12,194 |
Books and Supplies | $1,200 |
Other Fees | $1,486 |
Room and Board | $8,374 |
Other Expenses Budget | $2,320 |
Fee | Cost |
---|---|
Tuition | $17,394 |
Books and Supplies | $1,200 |
Other Fees | $1,486 |
Room and Board | $8,374 |
Other Expenses Budget | $2,320 |
Residents of Minnesota pay an annual total price of $25,574 to attend University of Minnesota Duluth on a full time basis. This fee is comprised of $12,194 for tuition, $8,374 room and board, $1,200 for books and supplies and $1,486 for other fees.
Out of state residents are charged a total cost of $30,774 which is 20.3% higher than Minnesota residents. The tuition charge is $17,394 while room and board is $8,374, books and supplies are $1,200 and other fees come in at $1,486.
All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.Find out how likely you are to get accepted at University of Minnesota-Duluth based on your GPA, test scores, and even extracurricular activities. Then, get custom recommendations for how to improve your odds - completely for free.
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Net price is indicative of what it actually costs to attend University of Minnesota Duluth when typical grants and scholarships are considered. The net price varies by family income and financial need.
Family Income | Net Price Paid |
---|---|
$0 to $30,000 | $7,443 |
$30,001 to $48,000 | $7,992 |
$48,001 to $75,000 | $12,438 |
$75,001 to $110,000 | $19,042 |
$110,000+ | $23,064 |
The average reported annual net price for University of Minnesota Duluth for students receiving grants or scholarship aid was $16,828 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses
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75% of full-time undergrad University of Minnesota Duluth received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $7,238 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 62% of students received Federal Student Loans averaging $5,208 and 22% of undergrads took out private student loans averaging $11,768.
Type | Avg./Student | Students Receiving |
---|---|---|
Total Grant and Scholarship Aid | $7,238 | 75% |
Institutional Grants and Scholarships | $3,013 | 73% |
Pell Grants | $4,729 | 24% |
Other Federal Grants | $726 | 9% |
State and Local Grants | $5,280 | 38% |
Federal Student Loans | $5,208 | 62% |
Other Student Loans | $11,768 | 22% |
To gauge a more realistic picture of what it may really cost you out of pocket to go to University of Minnesota Duluth, we've modeled a ten year student loan with an original principal value of $64,072. The loan balance of $64,072 is a four year multiple of the $16,018 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $611 could be required to satisfy your student loan.
Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.
Example Loan | $64,072 |
Stafford Loan Interest Rate | 2.75% |
Time to Pay Off Student Loan | 10 years |
Example Monthly Payment | $611.32 |
Total Interest Paid | $9,286.11 |
Sum of All Loan Payments | $73,358.11 |
Year | Minnesota Residents | Non Residents |
---|---|---|
1 | $25,574 | $30,774 |
2 | $25,781 | $31,023 |
3 | $25,989 | $31,274 |
4 | $26,200 | $31,527 |
Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of Minnesota Duluth to be $102,296 - assuming graduation in normal time. The estimation assumes a 0.8% annual increase over the next 4 years which has been the recent trend for this school.
Price Per Credit | 3 Credit Class | 4 Credit Class | |
---|---|---|---|
Minnesota Residents | $469 | $1,407 | $1,876 | Out of State Residents | $669 | $2,007 | $2,676 |
Estimated cost for a class at University of Minnesota Duluth based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at University of Minnesota Duluth versus other colleges.
Tuition Payment Plan | Yes |
Prepaid Tuition Plan | No |
Alternative Tuition Plan | Yes |
Guaranteed Tuition Plan | No |
Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=174233 IPEDS survey data for University of Minnesota Duluth.