Incoming Exchange Students: Fees & Expenses
Estimated Expenses 2025–2026
The exchange program covers the cost of tuition and most student fees. Students are responsible for any additional costs.
| Item | Cost |
|---|---|
| Tuition & Student Fees | $0 (covered by exchange program) |
| Fees | $355 |
| Estimated Living Expenses (such as housing, meals, daily living expenses, etc.) | $9,772 |
| Student Health Benefit Plan (Health Insurance) | $1,795 |
| Total Estimated Expenses for the Semester | $11,922 |
Incoming exchange students will need to submit documents as proof of financial means in order to be issued an I-20 visa document. Students will submit these documents electronically (through an online portal) after they are admitted to the University of Minnesota. Instructions will be provided to students directly.
Student Health Benefit Plan
All non-US passport holders are required to purchase the Student Health Benefit Plan for each semester that they are studying at the Carlson School. Students are automatically enrolled in the plan. For plan details, please refer to the following resources:
Charges on UMN Student Account
After you arrive at the Carlson School, your University of Minnesota student account will be charged several different fees. Some of the fees will be paid by the Carlson School and exchange students are responsible for others. We will discuss these fees, payment procedures, and deadlines in detail during the Welcome Program. You do not need to make any payments to your UMN student account until after the Welcome Program.
Carlson School Pays:
Tuition (12-20 credits), Carlson Tuition Surcharge, Student Service Fees, Carlson Collegiate Fee, Transportation & Safety Fee, and International Student Engagement Fee.
Exchange Students Pay:
Housing/meals, International Student Support Fee, Academic Record Fee, Student Health Benefit Plan, and any additional charges made to student account such as course fees.