Undergraduate Tuition & Aid
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.
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 tuition cap.
The tuition and fees listed below cover one academic year (two semesters) of enrollment. The figures below are estimated for the 2023-2024 academic year and are shared for planning purposes. Tuition has been approved 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 and the Office of Admissions Cost of Attendance.
Cost of Attendance
2023-2024 Academic Year
Categories | Resident | Non-resident |
|---|---|---|
| Tuition & Fees* | $16,654 | $36,568 |
| Room & Board | $13,028 | $13,028 |
| Tuition Surcharge | $2,600 | $2,600 |
| Books & Supplies | $1,000 | $1,000 |
| Personal/Misc. | $2,000 | $2,000 |
| Loan Fee | $150 | $150 |
| Transportation | $200 | $1,700 |
| Estimated Cost of Attendance | $35,632 | $57,046 |
*For an explanation of fees that apply to Carlson School students, including varying Collegiate Fees by UMN college, see the One Stop Fees resource.
Financial Aid
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.
FAQ
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 $1,300 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.
| Category | Tuition Surcharge | Collegiate Fee |
|---|---|---|
| Cost per semester (9 or more credits) | $1,300 | $580 |
| Cost per semester (Fewer than 9 credits) | 10% of each credit | $290 |
| Who is assessed the fees? | All Carlson School students* (only Carlson and CSE have a surcharge at the U of M) | All Carlson School students (all colleges at the U of M have collegiate fees) |
| What do the fees fund? | Instructional costs: - Investment in tenure-track faculty that are leading experts in their field - Maintain small classes - Retain exceptional instructional faculty - Support innovative learning environments & experiential teaching | Student support services: - Academic Advising - Student engagement activities - Undergraduate Business Career Center (partially) - Study Abroad support - Technology support (Computer Labs, printing) |
*Except for Pell-eligible and UPromise students enrolled full time
All Carlson School undergraduate students are assessed the surcharge. However, about 25% of Carlson School students (Pell-eligible and U Promise scholarship recipients) receive the offset and do not pay the surcharge.
Yes. The surcharge is based on your college of enrollment, not on the coursework you are taking.
The program fees for Learning Abroad Center (LAC) semester-length programs do not include the surcharge.
Students who study abroad on a Carlson Global Institute (CGI) semester or summer-length exchange program pay the surcharge while they are abroad (if you pay it here). You are essentially paying UM tuition while attending a Carlson School partner school.
Short-term programs are folded into the semester tuition cost, which includes the surcharge.