University of Minnesota-Twin Cities

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2022 Undergraduate Tuition
$14,006
3.5% growth from 2021
2022 Average Net Price
$16,018
After Financial Aid
2019 Default Rate
0.604%
on Student Loans
2022 Acceptance Rate
74.9%
38,050 Applicants
2022 Enrolled Students
54,955
69.8% Full-Time
2022 Graduation Rate
84.4%
4,939 Graduates

About

University of Minnesota-Twin Cities is a higher education institution located in Hennepin County, MN. In 2022, the most popular Bachelors Degree concentrations at University of Minnesota-Twin Cities were Computer Science (533 degrees awarded), General Psychology (523 degrees), and Other Multidisciplinary Studies (477 degrees).

In 2022, 13,676 degrees were awarded across all undergraduate and graduate programs at University of Minnesota-Twin Cities. 56.8% of these degrees were awarded to women, and 43.2% awarded men. The most common race/ethnicity group of degree recipients was white (8,585 degrees), 6.33 times more than then the next closest race/ethnicity group, asian (1,356 degrees).

The median undergraduate tuition at University of Minnesota-Twin Cities is $14,006, which is $−16,144 less than the national average for Doctoral Universities ($30,150).

About the photo: Mayo Memorial Building

Costs

In 2022, the median undergraduate tuition at University of Minnesota-Twin Cities is $14,006, which is $−16,144 less than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $16,018.

In 2022, 54% of undergraduate students attending University of Minnesota-Twin Cities received financial aid through grants. Comparatively, 31% of undergraduate students received financial aid through loans.

Tuition Costs

$14,006
2022 Undergraduate Tuition

In 2022, the cost of tuition at University of Minnesota-Twin Cities was $14,006. The cost of tuition at University of Minnesota-Twin Cities is $−16,144 less than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

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Average Net Price

$16,018
2022 Value
8.3%
1 Year Growth

In 2022 University of Minnesota-Twin Cities had an average net price — the price paid after factoring in grants and loans — of $16,018. Between 2021 and 2022, the average net price of University of Minnesota-Twin Cities grew by 8.3%.

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

$10,934
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at University of Minnesota-Twin Cities was of $10,934 in 2022. The cost of room and board increased by 5.56% between 2021 and 2022.

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

54%
Undergraduates Receiving Financial Aid through Grants
31%
Undergraduates Receiving Financial Aid through Loans

54% of undergraduate students at University of Minnesota-Twin Cities received financial aid through grants or loans in 2022. This represents a growth of 1.89% with respect to 2021, when 53% 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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Admissions

University of Minnesota-Twin Cities received 38,050 undergraduate applications in 2022, which represents a 5.97% annual growth. Out of those 38,050 applicants, 28,504 students were accepted for enrollment, representing a 74.9% acceptance rate.

There were 54,955 students enrolled at University of Minnesota-Twin Cities in 2022. 8% of first-time enrollees submitted SAT scores with their applications.

University of Minnesota-Twin Cities has an overall enrollment yield of 23.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

74.9%
Acceptance Rate in 2022
28,504
Accepted Out of 38,050

In 2022, the undergraduate acceptance rate of University of Minnesota-Twin Cities was 74.9% (28,504 admissions from 38,050 applications). This is higher than the acceptance rate of 2021, which was 73.2%. Between 2021 and 2022, the number of applicants grew by 5.97%, while admissions grew by 8.4%..

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.

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SAT Scores

8%
Submission Percentage (2022)
521
Scores Submitted (2022)

8% of enrolled first-time students at University of Minnesota-Twin Cities in 2022 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.

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Enrollment

University of Minnesota-Twin Cities had a total enrollment of 54,955 students in 2022. The full-time enrollment at University of Minnesota-Twin Cities is 38,361 students and the part-time enrollment is 16,594. This means that 69.8% 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 57.8% White, 10.6% Asian, 6.82% Black or African American, 5.65% Hispanic or Latino, 4.16% Two or More Races, 0.382% American Indian or Alaska Native, and 0.0691% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of Minnesota-Twin Cities in full-time Undergraduate programs are most commonly White Female (32.9%), followed by White Male (27.5%) and Asian Female (6.99%). Students enrolled in full-time Graduate programs are most commonly White Female (32.7%), followed by White Male (18.9%) and Asian Female (5.26%).

Full-Time vs Part-Time Enrollment

69.8%
Full-Time Enrollment

The total enrollment at University of Minnesota-Twin Cities in 2022, both undergraduate and graduate, is 54,955 students. The full-time enrollment at University of Minnesota-Twin Cities is 38,361 and the part-time enrollment is 16,594. This means that 69.8% of students enrolled at University of Minnesota-Twin Cities are enrolled full-time compared with 77.4% 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

90%
2022 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 90%. 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 (2022)
  1. White
    31,776 enrolled students
  2. Asian
    5,846 enrolled students
  3. Black or African American
    3,750 enrolled students

The enrolled student population at University of Minnesota-Twin Cities is 57.8% White, 10.6% Asian, 6.82% Black or African American, 5.65% Hispanic or Latino, 4.16% Two or More Races, 0.382% American Indian or Alaska Native, and 0.0691% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 2,762 students (5.03%) did not report their race.

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Graduates

In 2022, 1,858 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 (8,585 degrees awarded). There were 6.33 times more white recipients than the next closest race/ethnicity group, asian (1356 degrees).

The most common Bachelor's Degree concentration at University of Minnesota-Twin Cities is Computer Science (533 degrees awarded), followed by General Psychology (523 degrees) and Other Multidisciplinary Studies (477 degrees).

In 2022,  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 Math & Statistics (398 degrees awarded), Biology (1,250 degrees), and Interdisciplinary Studies (728 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 Software developers (527,068 people), Other managers (496,911 people), Physicians (467,849 people), Miscellaneous engineers, including nuclear engineers (360,007 people), and Postsecondary teachers (309,314 people).

The most specialized majors at University of Minnesota-Twin Cities in 2022 are Math & Statistics (398 degrees awarded), Biology (1,250 degrees), Interdisciplinary Studies (728 degrees), Engineering (1,156 degrees), and English (313 degrees) (as of 2022).

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

The most specialized majors at University of Minnesota-Twin Cities are Math & Statistics (398 degrees awarded), Biology (1,250 degrees), Interdisciplinary Studies (728 degrees), Engineering (1,156 degrees), and English (313 degrees) (as of 2022).

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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 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).

The most specialized majors at University of Minnesota-Twin Cities are Math & Statistics (398 degrees awarded), Biology (1,250 degrees), Interdisciplinary Studies (728 degrees), Engineering (1,156 degrees), and English (313 degrees) (as of 2022).

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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 (2022)
  1. 533 degrees awarded
  2. 523 degrees awarded
  3. 477 degrees awarded

In 2022, the most common bachelors degree concentration at University of Minnesota-Twin Cities was Computer Science with 533 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

5,909
Degrees Awarded to Men
in 2022
7,767
Degrees Awarded to Women
in 2022

In 2022, 5,909 degrees were awarded to men at University of Minnesota-Twin Cities, which is 0.761 times less than the number of degrees awarded to females (7,767).

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 2022, 509 degrees were awarded to men at University of Minnesota-Twin Cities in Computer Science, which is 4.1 times more than the 124 female recipients with that same degree.

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Most Common Female Majors

In 2022, 398 degrees were awarded to men at University of Minnesota-Twin Cities in General Psychology, which is 2.99 times more than the 133 male recipients with that same degree.

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Time to Complete

71%
100% Completion Time
84%
150% Completion Time

In 2022, 71% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
White Female
Highest Graduation Rate (86.8%)

The student demographic with the highest graduation rate in 2022 at University of Minnesota-Twin Cities is Female and White (86.8% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

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, 0.547% of graduates (27 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    8,585 degrees awarded
  2. Asian
    1,356 degrees awarded
  3. Black or African American
    663 degrees awarded

The most common race/ethnicity at University of Minnesota-Twin Cities is white (8,585 degrees awarded). There were 6.33 times more white recipients than the next closest race/ethnicity group, asian (1356 degrees).

1.89% of degree recipients (258 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    4,962 degrees awarded
  2. White Male
    3,623 degrees awarded
  3. Asian Female
    788 degrees awarded

The most common race/ethnicity and sex grouping at University of Minnesota-Twin Cities is white female (4,962 degrees awarded). There were 1.37 times more white female recipients than the next closest race/ethnicity group, white male (3623 degrees).

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Operations

University of Minnesota-Twin Cities has an endowment valued at nearly $4.9B, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNk (−0.000589%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, University of Minnesota-Twin Cities had a total salary expenditure of 3.24B. University of Minnesota-Twin Cities employs 929 Professors, 607 Associate professors and 494 Assistant professors. Most academics at University of Minnesota-Twin Cities are Male Professor (642), Male Associate professor (312), and Female Associate professor (295).

The most common positions for non-instructional staff at University of Minnesota-Twin Cities are: Computer, Engineering, and Science, with 1,932 employees, Business and Financial Operations, with 1,631 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 1,306 employees.

Endowment

$4.9B
2022 Endowment
4.93%
decline from 2021

University of Minnesota-Twin Cities has an endowment valued at about $4.9B, as of the end of the 2022 fiscal year. The endowment of University of Minnesota-Twin Cities declined 4.93% from the previous year. The value of their endowment was $4.53B 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. $539M - Federal
  2. $87.7M - State
  3. $12.4M - Local

As of 2022, University of Minnesota-Twin Cities received $539M in grants and contracts from the federal government, $87.7M from state grants and contracts, and $12.4M from local grants and contracts.

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Salary Expenditure

$1.61B
2022 Salaries
7.96%
growth from 2021

In 2022, University of Minnesota-Twin Cities paid a median of $1.61B in salaries, which represents 49.7% of their overall expenditure ($3.24B) and a 7.96% growth from the previous year.

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

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Instructional Salaries

$300M
Instructional Salaries
2,375
Number of Employees

In 2022, University of Minnesota-Twin Cities paid a total of $300M to 2,375 employees working as instructors, which represents 18.6% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
929 Employees
Computer, Engineering, and Science
Most Common Non-Instructional Employee
1,932 Employees

In 2022, the most common positions for instructional staff at University of Minnesota-Twin Cities were Professor with 929 employees, Associate professor with 607 employees, and Assistant professor with 494 employees.

In 2022, the most common positions for non-instructional staff at University of Minnesota-Twin Cities were Computer, Engineering, and Science with 1,932 employees, Business and Financial Operations with 1,631 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 1,306 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Male Associate professor
  3. Female Associate professor

In 2022, the most common demographic for instructional staff at University of Minnesota-Twin Cities was Male Professor with 642 employees, Male Associate professor with 312 employees, and Female Associate professor with 295 employees.

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

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