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Friday, November 22, 2024

Cost of college went up for all students at the University of Minnesota-Morris

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In-state tuition and fees rose 1.9 percent for 2018-19 at the University of Minnesota-Morris, according to recent data from the U.S. Department of Education.

Minnesota residents paid $13,314 to attend the four-year public institution this year – $242 more than the $13,072 charged for 2017-18.

Non-residents paid 15.2 percent more than residents this year, or $15,342. Their price tag grew 1.7 percent from $15,092 in 2017-18.

About 77 percent of the school's undergraduate population are Minnesota residents. About 20 percent are residents of other states and 3 percent are citizens of other countries.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 338 students received grants or scholarships totaling $4.1 million and 181 students took out student loans totaling more than $1.1 million.

Including all undergraduates (1,552), 1,406 students used grants or scholarships totaling $16.2 million, and 723 students took out $4.1 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~1,195$12,846$12,846$13,072$13,3143.6%
Out-of-state~310$12,846$14,846$15,092$15,34219.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the University of Minnesota-Morris in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants16948%$812,896$4,810
State / local grant or scholarship16747%$834,916$4,999
Institutional grants or scholarships33896%$2,430,200$7,190
Grant or scholarship aid total33896%$4,078,012$12,065
Federal student loans17650%$879,448$4,997
Other student loans237%$225,030$9,784
Student loan aid18151%$1,104,478$6,102
Total student aid34799%--

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