Tuition & Fees

Invest in your future

With an undergraduate degree from the Carlson School of Management, you’ll position yourself for a successful business career that will pay dividends right away and for the rest of your life.


of freshman return for their sophomore year


of students graduate in 4 years

The cost of attendance is set by the Board of Regents each July and varies based on individual factors such as residency, reciprocity, financial aid, and enrollment level.

The figures below 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.

The tuition and fees listed below cover one academic year (two semesters) of enrollment. The figures below are estimated for the 2020-2021 academic year and are shared for planning purposes. Tuition has been approved with a “tuition freeze at 2019-2020 rates” by the Board of Regents. As is the case with most public colleges and universities, tuition and fees for each fall are estimated in the spring prior and finalized in July prior to classes starting. For expanded cost of attendance information, please visit the University's One Stop Website.

2020-2021 Academic Year Resident Non-resident
Tuition & Fees $13,318 $31,616
Room & Board $10,358
Collegiate Fees $1,918
Tuition Surcharge $2,000
Books & Supplies $1,000
Personal/Misc. $2,000
Transportation $228 $1,728
Estimated Cost of Attendance




Approved by the Board of Regents in 2012, the Carlson School tuition surcharge supports an investment in tenure-track faculty that are leading experts in their field. The tuition surcharge is also used to retain exceptional instructional faculty, to reduce the class size in core courses, and to support innovative learning environments & experiential teaching. 

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.

Contact Undergraduate Program