University of Minnesota
University Relations
http://www.umn.edu/urelate
612-624-6868

Tuition and Financial Aid

A Carlson MBA provides academic grounding, hands-on experience, and global connections that can translate into new opportunities and long-term career growth.

Financial Aid

Most Full-Time MBA students receive loans, even if they qualify for other types of financial aid. The University of Minnesota offers many need- and non-need-based loan programs, administered through the Office of Student Finance. To be considered for loan programs, you must complete the Free Application for Federal Student Aid (FAFSA). You can submit applications as early as January, but only after you file income taxes. We encourage you to use the application online. If you have questions about loan programs, contact the Carlson MBA financial aid representative (612-626-0750).

Tuition

Costs are for the 2009-2010 year over 12 months. For full details of tuition costs, please visit the tuition section of the One Stop Website. Financial aid is calculated only on expenses incurred in fall and spring semesters.

A $500 tuition deposit is required to confirm your intention to enroll in the MBA program and is applied toward the first academic term.

2009-2010 Tuition
Minnesota Residents $27,520
Non-residents: $39,184
Other education-related costs
Books: $2,200 (estimate)
Health insurance: $1,814
Student services fee: $696.82
Collegiate and Technology fee: $960* **
Laptop fee: $1,500***
Other fees: $57.02
Global Discovery Fee: $5,150****
International student fees: $184
Approximate total annual cost
Minnesota residents: $36,572.84
Non-residents: $48,236.84
International students: $48,420.84

 

*Collegiate Fee: $330 (Includes: Newspaper Readership Program, Business Career Center services, new business development for internship and placement opportunities).

**Technology Fee: $630
http://www.carlsonschool.umn.edu/techfees

***Laptop Fee only charged the first year.
****Global Discovery Fee only charged in the second year.

Average cost of living in the Twin Cities for one year is $14,000.