Paying for School

The Carlson School of Management provides an excellent educational experience for a great value. You will have access to strong student support services, a dedicated career center and education abroad office, professional academic advisers, on-site IT support, and much more at a moderate cost.

The cost of attendance varies from student to student and is based on individual factors such as residency, reciprocity, financial aid, and enrollment level. The University of Minnesota estimates tuition and fees for the upcoming academic year during the spring and finalizes the numbers in mid-summer. For a comprehensive overview of tuition and fees, scholarships, and other information, please visit One Stop.

2018-2019 Academic Year Resident Non-resident
Tuition & Fees $14,760 $30,438
Room & Board $9,910
Collegiate Fees $1,160
Surcharge $2,000
Other Expenses* $3,436 $4,963
Estimated Cost of Attendance $31,266 $48,444

*Estimated other expenses include the cost of books and supplies, transportation, miscellaneous and personal expenses, and loan fees.


These figures are based on full-time enrollment of 13 credits or more per semester. As part of the great value of the University of Minnesota, credits beyond 13 are available at no additional charge based on the 13-credit policy.

Approved by the Board of Regents in 2012, the Carlson School tuition surcharge supports the exceptional education and student services offered specifically to Carlson School undergraduate students. Funds raised by the surcharge are invested directly into the Carlson School Undergraduate Program to reduce the class size in core courses and to invest in tenure track faculty to teach in the Undergraduate Program.

The surcharge is $1,000 per semester for students taking 9 or more credits. For students taking less than 9 credits, the surcharge is 10% of each credit.

UPromise students enrolled in 13 or more credits per semester are eligible for the surcharge offset. If a student is less than full time, they are not eligible for the U Promise scholarship and therefore not eligible for the offset. For a list of frequently asked questions and eligibility requirements, please see the U Promise Scholarship website.

The first step to applying for financial aid is completing the Free Application for Federal Student Aid (FAFSA). The University of Minnesota will use the FAFSA to determine your eligibility for federal, state, and University aid. Students who complete the FAFSA will receive a separate letter once they are admitted that outlines their complete financial aid package including scholarships, grants, loans, etc.

If you have questions about financial aid, you can speak with a financial aid counselor at the One Stop student services center by calling 612-624-1111 or 1-800-400-8636.

Over $2 million scholarship dollars awarded annually Award amounts range from $1,000-$10,000 per year

The Carlson Schools works to provide as much support as possible to incoming and current students. New freshman and transfer students are given consideration for awards at the time of admission. Additional scholarship opportunities can also be found on the sites below. Current students have opportunities to apply annually for various scholarships on our current student website.

Scholarship recipients will be notified by the Office of Admissions no later than April prior to admission.

Contact Undergraduate Program