University of Minnesota-Twin Cities

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2021 Undergraduate Tuition
$13,532
1.61% growth from 2020
2021 Average Net Price
$17,468
After Financial Aid
2019 Student Loan
0.604%
Default Rate
2021 Acceptance Rate
73.2%
71,810 Applicants
2021 Enrolled Students
104,752
73.9% Full-Time
2021 Graduation Rate
84.2%
9,692 Graduates

About

University of Minnesota-Twin Cities is a higher education institution located in Hennepin County, MN. In 2021, the most popular Bachelors Degree concentrations at University of Minnesota-Twin Cities were General Psychology (556 degrees awarded), Other Multidisciplinary Studies (548 degrees), and Computer Science (528 degrees).

In 2021, 14,640 degrees were awarded across all undergraduate and graduate programs at University of Minnesota-Twin Cities. 55.5% of these degrees were awarded to women, and 44.5% awarded men. The most common race/ethnicity group of degree recipients was white (9,320 degrees), 7.22 times more than then the next closest race/ethnicity group, asian (1,291 degrees).

The median undergraduate tuition at University of Minnesota-Twin Cities is $13,532, which is $−15,460 less than the national average for Doctoral Universities ($28,992).

About the photo: Mayo Memorial Building

dollarCosts

In 2021, the median undergraduate tuition at University of Minnesota-Twin Cities is $13,532, which is $−15,460 less than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $17,468.

In 2021, 53% of undergraduate students attending University of Minnesota-Twin Cities received financial aid through grants. Comparatively, 32% of undergraduate students received financial aid through loans.

Tuition Costs

$13,532
2021 Undergraduate Tuition

In 2021, the cost of tuition at University of Minnesota-Twin Cities was $13,532. The cost of tuition at University of Minnesota-Twin Cities is $−15,460 less than than the overall (public and private) national average for Doctoral Universities ($28,992).

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Average Net Price

$17,468
2021 Value
1.47%
1 Year Growth

In 2021 University of Minnesota-Twin Cities had an average net price — the price paid after factoring in grants and loans — of $17,468. Between 2020 and 2021, the average net price of University of Minnesota-Twin Cities grew by 1.47%.

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.

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Other Student Expenses

$10,358
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at University of Minnesota-Twin Cities was of $10,358 in 2021. The cost of room and board did not change between 2020 and 2021.

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.

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Financial Aid by Income Level

53%
Undergraduates Receiving Financial Aid through Grants
32%
Undergraduates Receiving Financial Aid through Loans

53% of undergraduate students at University of Minnesota-Twin Cities received financial aid through grants or loans in 2021. This represents a decline of 5.36% with respect to 2020, when 56% 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.

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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.
0.604%
2019 Default Rate
49
Number of Defaults

In 2019 the default rate for borrower's at University of Minnesota-Twin Cities was 0.604%, which represents 49 out of the 8112 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.

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predictive-analysisAdmissions

University of Minnesota-Twin Cities received 71,810 undergraduate applications in 2021, which represents a 6.1% annual decline. Out of those 71,810 applicants, 52,590 students were accepted for enrollment, representing a 73.2% acceptance rate.

There were 104,752 students enrolled at University of Minnesota-Twin Cities in 2021. 7% of first-time enrollees submitted SAT scores with their applications.

University of Minnesota-Twin Cities has an overall enrollment yield of 26.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

73.2%
Acceptance Rate in 2021
52,590
Accepted Out of 71,810

In 2021, the undergraduate acceptance rate of University of Minnesota-Twin Cities was 73.2% (52,590 admissions from 71,810 applications). This is higher than the acceptance rate of 2020, which was 69.6%. Between 2020 and 2021, the number of applicants declined by −6.1%, while admissions declined by −1.25%.

This chart compares the acceptance rate of University of Minnesota-Twin Cities (in red) with that of other similar universities.

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SAT Scores

7%
Submission Percentage (2021)
992
Scores Submitted (2021)

7% of enrolled first-time students at University of Minnesota-Twin Cities in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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bookEnrollment

University of Minnesota-Twin Cities had a total enrollment of 104,752 students in 2021. The full-time enrollment at University of Minnesota-Twin Cities is 77,442 students and the part-time enrollment is 27,310. This means that 73.9% 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 59.6% White, 10.1% Asian, 6.13% Black or African American, 4.93% Hispanic or Latino, 3.87% Two or More Races, 0.355% American Indian or Alaska Native, and 0.0611% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Minnesota-Twin Cities in full-time Undergraduate programs are most commonly White Female (33.9%), followed by White Male (28.5%) and Asian Female (6.65%). Students enrolled in full-time Graduate programs are most commonly White Female (33.9%), followed by White Male (20.3%) and Asian Female (4.77%).

Full-Time vs Part-Time Enrollment

73.9%
Full-Time Enrollment

The total enrollment at University of Minnesota-Twin Cities in 2021, both undergraduate and graduate, is 104,752 students. The full-time enrollment at University of Minnesota-Twin Cities is 77,442 and the part-time enrollment is 27,310. This means that 73.9% of students enrolled at University of Minnesota-Twin Cities are enrolled full-time compared with 76.6% 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.

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Retention Rate over Time

92%
2021 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 92%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    62,434 enrolled students
  2. Asian
    10,542 enrolled students
  3. Black or African American
    6,420 enrolled students

The enrolled student population at University of Minnesota-Twin Cities is 59.6% White, 10.1% Asian, 6.13% Black or African American, 4.93% Hispanic or Latino, 3.87% Two or More Races, 0.355% American Indian or Alaska Native, and 0.0611% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 5,496 students (5.25%) did not report their race.

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learningGraduates

In 2021, 1,602 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 (9,320 degrees awarded). There were 7.22 times more white recipients than the next closest race/ethnicity group, asian (1291 degrees).

The most common Bachelor's Degree concentration at University of Minnesota-Twin Cities is General Psychology (556 degrees awarded), followed by Other Multidisciplinary Studies (548 degrees) and Computer Science (528 degrees).

In 2021,  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 (219 degrees awarded), Math & Statistics (428 degrees), and Agriculture (286 degrees).

Common Jobs by Major

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 (381,682 people), Other managers (180,187 people), Postsecondary teachers (169,163 people), Elementary & middle school teachers (120,863 people), and Other Physical Scientists (98,078 people).

The most specialized majors at University of Minnesota-Twin Cities in 2021 are Architecture and Related Services (219 degrees awarded), Math & Statistics (428 degrees), Agriculture (286 degrees), Natural Resources & Conservation (237 degrees), and Biology (1,246 degrees) (as of 2021).

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Highest Paying Jobs by Major

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 Surgeons, Securities, commodities, & financial services sales agents, Physicians, Dentists, and Chief executives & legislators

The most specialized majors at University of Minnesota-Twin Cities are Architecture and Related Services (219 degrees awarded), Math & Statistics (428 degrees), Agriculture (286 degrees), Natural Resources & Conservation (237 degrees), and Biology (1,246 degrees) (as of 2021).

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Common Industries by Major

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 General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (452,970 people), Colleges, universities & professional schools, including junior colleges (350,706 people), Elementary & secondary schools (269,999 people), Architectural, engineering & related services (185,710 people), and Offices of physicians (181,119 people).

The most specialized majors at University of Minnesota-Twin Cities are Architecture and Related Services (219 degrees awarded), Math & Statistics (428 degrees), Agriculture (286 degrees), Natural Resources & Conservation (237 degrees), and Biology (1,246 degrees) (as of 2021).

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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 (2021)
  1. 556 degree-majors awarded
  2. 548 degree-majors awarded
  3. 528 degree-majors awarded

In 2021, the most common bachelors degree concentration at University of Minnesota-Twin Cities was General Psychology with 556 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.

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Sex Breakdown for Common Majors

6,519
Degrees Awarded to Men
in 2021
8,121
Degrees Awarded to Women
in 2021

In 2021, 6,519 degrees were awarded to men at University of Minnesota-Twin Cities, which is 0.803 times less than the number of degrees awarded to females (8,121).

This chart displays the sex disparity between the top 5 majors at University of Minnesota-Twin Cities by degrees awarded.

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Most Common Male Majors

In 2021, 513 degrees were awarded to men at University of Minnesota-Twin Cities in Computer Science, which is 3.89 times more than the 132 female recipients with that same degree.

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Most Common Female Majors

In 2021, 400 degrees were awarded to men at University of Minnesota-Twin Cities in General Psychology, which is 2.52 times more than the 159 male recipients with that same degree.

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Time to Complete

69%
100% Completion Time
83%
150% Completion Time

In 2021, 69% 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, 83% completed their degrees within 150% of the normal time, and 84% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at University of Minnesota-Twin Cities is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

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, 0.31% of graduates (30 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    9,320 degrees awarded
  2. Asian
    1,291 degrees awarded
  3. Hispanic or Latino
    708 degrees awarded

The most common race/ethnicity at University of Minnesota-Twin Cities is white (9,320 degrees awarded). There were 7.22 times more white recipients than the next closest race/ethnicity group, asian (1291 degrees).

1.69% of degree recipients (247 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    5,309 degrees awarded
  2. White Male
    4,011 degrees awarded
  3. Asian Female
    740 degrees awarded

The most common race/ethnicity and sex grouping at University of Minnesota-Twin Cities is white female (5,309 degrees awarded). There were 1.32 times more white female recipients than the next closest race/ethnicity group, white male (4011 degrees).

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briefcaseOperations

University of Minnesota-Twin Cities has an endowment valued at nearly $5.16B, as of the end of the 2021 fiscal year. The return on its endowment was of 1.52B (29.5%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, University of Minnesota-Twin Cities had a total salary expenditure of 3.27B. University of Minnesota-Twin Cities employs 1,858 Professors, 1,234 Associate professors and 962 Assistant professors. Most academics at University of Minnesota-Twin Cities are Male Professor (1,280), Male Associate professor (664), and Female Professor (578).

The most common positions for non-instructional staff at University of Minnesota-Twin Cities are: Business and Financial Operations, with 3,752 employees, Computer, Engineering, and Science, with 3,678 employees, and Management with 2,164 employees.

Endowment

$5.16B
2021 Endowment
39.4%
growth from 2020

University of Minnesota-Twin Cities has an endowment valued at about $5.16B, as of the end of the 2021 fiscal year. The endowment of University of Minnesota-Twin Cities grew 39.4% from the previous year. The value of their endowment was $4.77B 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.

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Government Grants and Contracts

Grants & Contracts
  1. $966M - Federal
  2. $137M - State
  3. $24.2M - Local

As of 2021, University of Minnesota-Twin Cities received $966M in grants and contracts from the federal government, $137M from state grants and contracts, and $24.2M from local grants and contracts.

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Salary Expenditure

$1.49B
2021 Salaries
6.34%
decline from 2020

In 2021, University of Minnesota-Twin Cities paid a median of $1.49B in salaries, which represents 45.7% of their overall expenditure ($3.27B) and a 6.34% decline from the previous year. This is compared to a 3.66% growth from 2019 and a 2.9% growth from 2018.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

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Instructional Salaries

$579M
Instructional Salaries
4,744
Number of Employees

In 2021, University of Minnesota-Twin Cities paid a total of $579M to 4,744 employees working as instructors, which represents 19.4% of all salaries paid.

This is compared to a median of $142M (60.6%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
1,858 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
3,752 Employees

In 2021, the most common positions for instructional staff at University of Minnesota-Twin Cities were Professor with 1,858 employees, Associate professor with 1,234 employees, and Assistant professor with 962 employees.

In 2021, the most common positions for non-instructional staff at University of Minnesota-Twin Cities were Business and Financial Operations with 3,752 employees, Computer, Engineering, and Science with 3,678 employees, and Management with 2,164 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Male Professor
  2. Male Associate professor
  3. Female Professor

In 2021, the most common demographic for instructional staff at University of Minnesota-Twin Cities was Male Professor with 1,280 employees, Male Associate professor with 664 employees, and Female Professor with 578 employees.

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

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