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University of Minnesota-Morris Tuition and Fees

A public university by the name of University of Minnesota-Morris is located in Morris, MN. University of Minnesota system is the parent institution of the University of Minnesota-Morris. University of Minnesota-Morris was founded in the year 1960. University of Minnesota-Morris believes in imparting education and contributing to society by focusing on innovation, research, education, and commitment. The motto of the university is A renewable, sustainable education and its official colors are

$12,142

Tuition

$24,256

Cost of Attendance

$11,403

Net Price

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University of Minnesota-Morris Tuition and Fees

University of Minnesota-Morris is known for offering a wide range of undergraduate programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at UMM is quite low. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at University of Minnesota-Morris comes to around $14,605, which includes tuition and other expenses as well. The housing costs $8,452, books and supplies cost $800, while the other expenses add up to $1,850.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$13,314	$15,342
Book & Supplies	$900	$900
Room & Board cost	$8,342	$8,342
Other Expenses	$1,700	$1,700
Total Cost of Attendance	$24,256	$26,284

Coming to the cost of attendance, students need to understand that the tuition fee is just a single aspect of the expenses that come under the overall cost of attending the university. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $14,605. Apart from that, they should also pay an average amount of $800 toward books and supplies, $8,452 for room and boarding charges, and $1,850 toward other expenses in a year. So, the overall cost of attending UMM comes out to be about $25,707 per year, according to the most recent information available. At UMM, the tuition and fees come out to be around $13,578 for in-state students and $15,632 for out-state candidates.

Average Net Price by Family Income

Net Price

$11,403

Family Income

Avg. Net Price

$0 to $30,000

$4,040

$30,001 to $48,000

$4,725

$48,001 to $75,000

$7,163

$75,001 to $110,000

$14,818

$110,000+

$17,929

The net cost of attending University of Minnesota-Morris – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. Generally, the higher the family income of the candidate, the higher is the net amount to be paid. While the actual net cost is subject to one’s family income bracket, the average net price is estimated to be $11,682 at UMM. For students with a family income below $30,000, the estimated net price is $4,230, while for the individuals who fall in the $30,001-$48,000 income bracket, the net cost is $3,435. Meanwhile, the net price stands at $7,558 for the $48,001-$75,000 income bracket and at $13,194 for an income between $75,001 and $110,000. This amount adds up to $18,736 for students whose annual family income is more than $110,000.

Student Loans

Example Loans

$54,324

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$564

Total interest paid

$13,328

Sum of Loan Payments

$67,652

To have a realistic understanding of how much it will cost to study at University of Minnesota-Morris here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $54,324 for example. This will result in a $6,765 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $67,652 which is $13,328 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$13,314	$15,342
Room & Board Cost	$8,342	$8,342
Total Tuition & Fees	$21,656	$23,684

For students pursuing undergraduate courses at University of Minnesota-Morris, the tuition and fees are estimated to be $14,605 per year. Moreover, the applicants must also pay an amount of $8,452 towards room and boarding charges. In this way, for one year, the total cost for undergraduate students comes to around $25,707.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	N/A
Undergraduate	2018 - 2019	$467

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend University of Minnesota-Morris varies for graduate and undergraduate courses. The students, who enroll for graduate courses, will have to bear a cost per credit hour of $112. At present, University of Minnesota-Morris also offers various online programs to students across as many as 36 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$8,342	$8,342
Other Expense	$1,700	$1,700
Book & Supplies	$900	$900

As far as the housing and related charges are concerned, these expenses remain the same for both on-campus or off-campus candidates at UMM. To note, students have to pay $10,302 per year toward these facilities. Besides, the room and boarding charges for the students come to around $8,452 per year. Coming to the books and supplies charges, the students will be required to pay an amount of $800. Apart from these, the other expenses that a candidate needs to plan for add up to around $1,850.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$8,342

Off Campus

$8,342

Housing & Other Expenses

Other Expenses

On Campus

$1,700

Off Campus

$1,700

Housing & Other Expenses

Book & Supplies

On Campus

$900

Off Campus

$900

Projected Price for a 4 year degree

A four-year undergraduate course as well as living expenses at UMM are projected to cost around $129,023 as per official data. In comparison, the total expenses for undergraduate students stood at $11,682 for 2018-2019, $11,403 for 2017-2018, and $11,472 for 2016-2017.

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