The University of Minnesota—one of the nation’s top research universities—is committed to providing all students with a superb college experience at a great value. In fact, the U of M was named a “Best Value College” in 2013 by both Kiplinger’s Personal Finance and The Princeton Review, based on factors like quality of academics, overall costs, and available financial aid.

Best Value College by The Princeton ReviewGreat Value and Great Opportunities

The value of a University of Minnesota education goes far beyond the affordable world-class academics. Our value also includes the wealth of opportunities provided on campus and in the community.

U of M students enjoy the many advantages of living in the heart of a thriving, metropolitan area. In addition, the Twin Cities boast a more affordable cost of living when compared with other large cities in the United States. For career and internship opportunities, this is a great place to be. There are 18 Fortune 500 companies based in Minnesota, plus a large number of private companies representing important industries like healthcare, medical technology, general merchandising, and financial services.  

Over 50,000 students call the University andMinneapolis home.

As a top research university, the U of M provides an amazing range of facilities and resources on campus. With more than 2.1 million square feet of research space, 14 libraries, educational and personal student support services, research programs and centers, social organizations, and career preparation resources, each student is equipped for success while in school and in the future.

Scholarships for Undergraduates

The University of Minnesota offers undergraduate scholarships to international students based on merit and financial need:

  • Global Excellence Scholarships (merit-based awards)
  • International Student and Scholar Services Scholarships (need-based awards)
  • Undergraduate Research Opportunities Scholarship (UROS)

Assistantships are one form of financial aidavailable to graduate students.

Assistantships for Graduate Students

For graduate students, the most common financial assistance is through graduate assistantships (teaching or research under the direction of a faculty member), which are awarded by individual graduate programs. Qualified graduate students who receive an assistantship will have full or partial tuition waived and will receive a salary and health insurance. Yearly salaries for full-time graduate assistants range from approximately $15,000 to $29,000.

Other Ways to Keep Costs Down

In addition to affordable tuition and living expenses, the University of Minnesota offers other ways for undergraduate students to keep costs down:

Free Tuition After 13 Credits

Most degree programs at the U of M are designed to becompleted in four years.

At the University of Minnesota, every undergraduate credit after 13 is free of charge. This keeps your costs down, so you can take 15-16 credits per semester and graduate in four years. You could save around $12,000 by graduating in four, rather than five, years. Simply put, your education will cost you less as you are able to increase your credit load.