University of Minnesota-Twin Cities

https://twin-cities.umn.edu

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2023 Undergraduate Tuition

$14,496

3.5% growth from 2022

2023 Average Net Price

$16,730

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

77%

39,863 Applicants

2023 Enrolled Students

54,890

70% Full-Time

2023 Graduation Rate

84.8%

5,241 Graduates

About

University of Minnesota-Twin Cities is a higher education institution located in Hennepin County, MN. In 2023, the most popular Bachelors Degree concentrations at University of Minnesota-Twin Cities were Computer Science (612 degrees awarded), General Psychology (531 degrees), and Other Multidisciplinary Studies (455 degrees).

In 2023, 13,831 degrees were awarded across all undergraduate and graduate programs at University of Minnesota-Twin Cities. 56% of these degrees were awarded to women, and 44% awarded men. The most common race/ethnicity group of degree recipients was white (8,412 degrees), 6.17 times more than then the next closest race/ethnicity group, asian (1,363 degrees).

The median undergraduate tuition at University of Minnesota-Twin Cities is $14,496, which is $−16,507 less than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at University of Minnesota-Twin Cities was 0%, corresponding to 0 out of the 7,872 total borrowers.

About the photo: Mayo Memorial Building

Photo by A Gude

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at University of Minnesota-Twin Cities is $14,496, which is $16,508 less than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $16,730.

In 2023, 51% of undergraduate students attending University of Minnesota-Twin Cities received financial aid through grants. Comparatively, 29% of undergraduate students received financial aid through loans.

Tuition Costs

$14,496

2023 Undergraduate Tuition

In 2023, the cost of tuition at University of Minnesota-Twin Cities was $14,496. The cost of tuition at University of Minnesota-Twin Cities is $−16,508 less than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of University of Minnesota-Twin Cities (in red) with those of other similar universities.

Average Net Price

$16,730

2023 Value

4.44%

1 Year Growth

In 2023 University of Minnesota-Twin Cities had an average net price — the price paid after factoring in grants and loans — of $16,730. Between 2022 and 2023, the average net price of University of Minnesota-Twin Cities grew by 4.44%.

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

$11,894

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at University of Minnesota-Twin Cities was of $11,894 in 2023. The cost of room and board increased by 8.78% between 2022 and 2023.

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

29%

Undergraduates Receiving Financial Aid through Loans

51% of undergraduate students at University of Minnesota-Twin Cities received financial aid through grants or loans in 2023. This represents a decline of 5.56% with respect to 2022, when 54% 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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at University of Minnesota-Twin Cities was 0%, which represents 0 out of the 7872 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.

Admissions

University of Minnesota-Twin Cities received 39,863 undergraduate applications in 2023, which represents a 4.76% annual growth. Out of those 39,863 applicants, 30,705 students were accepted for enrollment, representing a 77% acceptance rate.

There were 54,890 students enrolled at University of Minnesota-Twin Cities in 2023. 8% of first-time enrollees submitted SAT scores with their applications.

University of Minnesota-Twin Cities has an overall enrollment yield of 21.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

77%

Acceptance Rate in 2023

30,705

Accepted Out of 39,863

In 2023, the undergraduate acceptance rate of University of Minnesota-Twin Cities was 77% (30,705 admissions from 39,863 applications). This is higher than the acceptance rate of 2022, which was 74.9%. Between 2022 and 2023, the number of applicants grew by 4.76%, while admissions grew by 7.72%.

This chart compares the acceptance rate of University of Minnesota-Twin Cities (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

Submission Percentage (2023)

536

Scores Submitted (2023)

8% of enrolled first-time students at University of Minnesota-Twin Cities in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

University of Minnesota-Twin Cities had a total enrollment of 54,890 students in 2023. The full-time enrollment at University of Minnesota-Twin Cities is 38,441 students and the part-time enrollment is 16,449. This means that 70% 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 56.2% White, 11.2% Asian, 7.2% Black or African American, 6.07% Hispanic or Latino, 4.55% Two or More Races, 0.428% American Indian or Alaska Native, and 0.051% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Minnesota-Twin Cities in full-time Undergraduate programs are most commonly White Female (32.4%), followed by White Male (27.1%) and Asian Female (7.08%). Students enrolled in full-time Graduate programs are most commonly White Female (32.1%), followed by White Male (18.4%) and Asian Female (5.17%).

Full-Time vs Part-Time Enrollment

70%

Full-Time Enrollment

The total enrollment at University of Minnesota-Twin Cities in 2023, both undergraduate and graduate, is 54,890 students. The full-time enrollment at University of Minnesota-Twin Cities is 38,441 and the part-time enrollment is 16,449. This means that 70% of students enrolled at University of Minnesota-Twin Cities are enrolled full-time compared with 77.9% 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%

2023 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 (84%), 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 (2023)

White
30,825 enrolled students
Asian
6,137 enrolled students
Black or African American
3,952 enrolled students

The enrolled student population at University of Minnesota-Twin Cities is 56.2% White, 11.2% Asian, 7.2% Black or African American, 6.07% Hispanic or Latino, 4.55% Two or More Races, 0.428% American Indian or Alaska Native, and 0.051% 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 46.5% White, 15.9% Hispanic or Latino, and 9.78% 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, 2,650 students (4.83%) did not report their race.

Graduates

In 2023, 1,663 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 (8,412 degrees awarded). There were 6.17 times more white recipients than the next closest race/ethnicity group, asian (1,363 degrees).

The most common Bachelor's Degree concentration at University of Minnesota-Twin Cities is Computer Science (612 degrees awarded), followed by General Psychology (531 degrees) and Other Multidisciplinary Studies (455 degrees).

In 2023, 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 (199 degrees awarded), Agriculture (385 degrees), and Biology (1,250 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 (434,375 people), Other managers (213,545 people), Postsecondary teachers (180,325 people), Elementary & middle school teachers (135,755 people), and Other Physical Scientists (130,176 people).

The most specialized majors at University of Minnesota-Twin Cities in 2023 are Architecture and Related Services (199 degrees awarded), Agriculture (385 degrees), Biology (1,250 degrees), Interdisciplinary Studies (846 degrees), and Math & Statistics (312 degrees) (as of 2023).

Highest Paying Jobs by Major

Podiatrists

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 Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Nurse anesthetists

The most specialized majors at University of Minnesota-Twin Cities are Architecture and Related Services (199 degrees awarded), Agriculture (385 degrees), Biology (1,250 degrees), Interdisciplinary Studies (846 degrees), and Math & Statistics (312 degrees) (as of 2023).

Common Industries by Major

Colleges, universities & professional schools, including junior colleges

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 Colleges, universities & professional schools, including junior colleges (639,411 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (638,723 people), Computer Systems Design (626,153 people), Elementary & secondary schools (604,473 people), and Architectural, engineering & related services (472,110 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 (2023)

Computer Science
612 degrees awarded
General Psychology
531 degrees awarded
Other Multidisciplinary Studies
455 degrees awarded

In 2023, the most common bachelors degree concentration at University of Minnesota-Twin Cities was Computer Science with 612 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at University of Minnesota-Twin Cities according to their major.

Sex Breakdown for Common Majors

6,084

Degrees Awarded to Men

in 2023

7,747

Degrees Awarded to Women

in 2023

In 2023, 6,084 degrees were awarded to men at University of Minnesota-Twin Cities, which is 0.785 times less than the number of degrees awarded to females (7,747).

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 2023, 575 degrees were awarded to men at University of Minnesota-Twin Cities in Computer Science, which is 3.78 times more than the 152 female recipients with that same degree.

Most Common Female Majors

In 2023, 397 degrees were awarded to men at University of Minnesota-Twin Cities in General Psychology, which is 2.76 times more than the 144 male recipients with that same degree.

Time to Complete

72%

100% Completion Time

84%

150% Completion Time

In 2023, 72% 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.

Asian Female

Highest Graduation Rate (88%)

The student demographic with the highest graduation rate in 2023 at University of Minnesota-Twin Cities is Female and Asian (88% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 1.03% of graduates (54 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
8,412 degrees awarded
Asian
1,363 degrees awarded
Black or African American
730 degrees awarded

The most common race/ethnicity at University of Minnesota-Twin Cities is white (8,412 degrees awarded). There were 6.17 times more white recipients than the next closest race/ethnicity group, asian (1,363 degrees).

2.18% of degree recipients (301 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Female
4,838 degrees awarded
White Male
3,574 degrees awarded
Asian Female
784 degrees awarded

The most common race/ethnicity and sex grouping at University of Minnesota-Twin Cities is white female (4,838 degrees awarded). There were 1.35 times more white female recipients than the next closest race/ethnicity group, white male (3,574 degrees).

Operations

University of Minnesota-Twin Cities has an endowment valued at nearly $5.11B, as of the end of the 2023 fiscal year. The return on its endowment was of 91.4M (1.79%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, University of Minnesota-Twin Cities had a total salary expenditure of 3.68B. University of Minnesota-Twin Cities employs 931 Professors, 603 Associate professors and 523 Assistant professors. Most academics at University of Minnesota-Twin Cities are Male Professor (629), Male Associate professor (311), and Female Professor (302).

The most common positions for non-instructional staff at University of Minnesota-Twin Cities are: Computer, Engineering, and Science, with 2,047 employees, Business and Financial Operations, with 1,720 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 1,391 employees.

Endowment

$5.11B

2023 Endowment

4.23%

growth from 2022

University of Minnesota-Twin Cities has an endowment valued at about $5.11B, as of the end of the 2023 fiscal year. The endowment of University of Minnesota-Twin Cities grew 4.23% from the previous year. The value of their endowment was $4.67B 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

$602M - Federal
$95M - State
$13.4M - Local

As of 2023, University of Minnesota-Twin Cities received $602M in grants and contracts from the federal government, $95M from state grants and contracts, and $13.4M from local grants and contracts.

Salary Expenditure

$1.74B

2023 Salaries

8.2%

growth from 2022

In 2023, University of Minnesota-Twin Cities paid a median of $1.74B in salaries, which represents 47.4% of their overall expenditure ($3.68B) and a 8.2% growth from the previous year. This is compared to a 7.96% growth between 2021 and 2022, and a 6.34% decline between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$314M

Instructional Salaries

2,413

Number of Employees

In 2023, University of Minnesota-Twin Cities paid a total of $314M to 2,413 employees working as instructors, which represents 18% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

931 Employees

Computer, Engineering, and Science

Most Common Non-Instructional Employee

2,047 Employees

In 2023, the most common positions for instructional staff at University of Minnesota-Twin Cities were Professor with 931 employees, Associate professor with 603 employees, and Assistant professor with 523 employees.

In 2023, the most common positions for non-instructional staff at University of Minnesota-Twin Cities were Computer, Engineering, and Science with 2,047 employees, Business and Financial Operations with 1,720 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 1,391 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Male Associate professor
Female Professor

In 2023, the most common demographic for instructional staff at University of Minnesota-Twin Cities was Male Professor with 629 employees, Male Associate professor with 311 employees, and Female Professor with 302 employees.

This chart shows the sex split between each academic rank present at University of Minnesota-Twin Cities.

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