University of Missouri Tuition and Fees
University of Missouri Tuition and Fees
(Last Updated – 06/2025)
The University of Missouri in Columbia, Missouri — also known as Mizzou — is the largest university in the four-campus University of Missouri system. It offers more than 300 degree programs across 13 major academic divisions, with acclaimed programs in business, health care, and journalism.
Total Cost of Attendance
For the 2024-25 school year, in-state undergraduate Mizzou tuition and fees were $14,837. Out-of-state undergraduate tuition costs $36,056. However, students can expect to pay additional expenses, which are shown in the table below.
Costs for 2024-25
|
Expense |
In-State |
Out-of-State |
|
Tuition & Fees |
$14,837 |
$36,056 |
|
Books & Supplies |
$950 |
$950 |
|
Room & Board |
$13,700 |
$13,700 |
|
Other Expenses |
$3,558 |
$3,558 |
|
Total Cost of Attendance |
$33,045 |
$54,264 |
Financial Aid
Based on student loan and scholarship information from the National Center for Education Statistics, 78% of students who attend the University of Missouri receive some kind of financial aid. Students received an average award of $11,824 in federal and institutional grants and scholarships. Students who demonstrated exceptional financial need received federal Pell Grants, with an average award of $5,114.
Explore financial aid options: Missouri Student Loans & Scholarships.
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, and financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, and nonprofit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state and federal and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
• U.S. Department of Education – Search for grants from colleges and universities by state
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
Aside from gift-based financial aid, some enrolled students take out loans to cover the University of Missouri’s tuition and expenses. This includes private student loans. At Mizzou, 12% of students on average take out private loans, typically totalling $34,939 at graduation.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or state-affiliated organizations. While federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: Guide to Private Student Loans
Projected 4-Year-Degree Price
The cost of attending any college varies year over year. Based on the University of Missouri tuition for 2024-25, the projected total cost of a four-year degree at Mizzou is $132,180 for in-state students. Out-of-state students can expect to pay quite a bit more: $217,056 for a four-year degree.
For comparison, the average cost of a four-year degree for in-state students at a public institution is $115,360 and $186,920 for out-of-state students, according to College Data. As you see, a Mizzou education can be more expensive than the national average, especially for out of state students.
This student loan and scholarship information may be valuable as you research schools and costs.
Undergraduate Tuition and Fees
Costs for 2024-25
|
Expense |
In-State |
Out-of-State |
|
Tuition & Fees |
$14,837 |
$36,056 |
|
Books |
$950 |
$950 |
|
Total |
$15,832 |
$37,051 |
The cost of tuition, fees, and books for in-state students is $15,832 for the 2024-25 academic year. For out-of-state residents, the total cost is $37,051 per year.
Graduate Tuition and Fees
Costs for 2024-25
|
Expense |
In-State |
Out-of-State |
|
Tuition |
$12,600 |
$31,500 |
|
Fees |
$1,081 |
$1,081 |
|
Total |
$13,681 |
$32,581 |
The cost of tuition and fees for Missouri residents attending a Mizzou graduate program in 2024-25 was $13,681 per year. Out-of-state Mizzou graduate students paid $32,581. The average cost of one year of tuition for a master’s degree program for the same time period was $10,320 for a public university and $15,100 for a private nonprofit. Many students at Mizzou can opt for graduate loans to help cover these costs.
Cost per Credit Hour
The cost for one credit hour for an undergraduate course for in-state students at Mizzou varies with the program a student is taking, but is typically around $440. The University’s fees are significantly higher for out-of-state students, typically more than twice as much.
Certificates
The MU Extension is the hub for Mizzou’s continuing education programming, which includes a variety of custom training classes, courses, and certifications in a wide range of industries and topics, from coding to supply chain management to veterinary continuing education and more. Prices vary depending on the topic, length of session, etc. For example, a 16-week online, graduate-level class in supply-chain management is $8,190, while other courses, such as language lessons, may be several hundred dollars.
Campus Housing Expenses
Costs for 2024-25
|
Expense |
On-Campus |
Off-Campus |
|
Room & Board |
$13,700 |
$895/month* |
|
Other Expenses |
$3,558 |
$3,558 |
*Based on studio pricing. Average rate based on available apartments on University of Missouri’s off-campus housing website in 2025.
First-time students at the University of Missouri are required to live on campus and are assigned to a housing unit based on their Freshman Interest Groups (FIG) and learning community. There are dozens of different housing options for Mizzou students, including double and single community-style dormitories, suites, and apartment-style dwellings. After their first year, undergraduate students can choose to live off-campus.
Explore off-campus living options at Mizzou Off-Campus Housing .
Mizzou Acceptance Rate
Fall 2024
|
Number of applications |
21,669 |
|
Number accepted |
16,685 |
|
Percentage Accepted |
77% |
Admission Requirements
Applications open to students on Aug. 1 for the next fall session (so you can start applying on Aug. 1, 2025 to attend Mizzou in the fall of 2026), and the school advises students to apply by Nov. 15 for the best chance at receiving scholarships. Here are the requirements to apply.
Required:
• High school transcript
• Completion of college-preparatory program
• Test of English as a Foreign language, if needed
Not required, but considered:
• High school GPA
• Secondary school rank
SAT and ACT Scores
SAT and ACT scores are not required for admission to the University of Missouri. However, scores are considered for admission, if they’re submitted.
Though there are no required test scores for admissions, here are the scores by subject at the 25th and 75th percentile:
|
Subject |
25th Percentile |
75th Percentile |
|
SAT Evidence-Based |
580 |
670 |
|
SAT Math |
570 |
660 |
|
ACT Composite |
23 |
29 |
|
ACT English |
22 |
30 |
|
ACT Math |
21 |
28 |
Popular Majors at University of Missouri
Mizzou offers more than 300 degree programs, including professional tracks. Here are the most popular:
1. Business
Students who enter University of Missouri’s business degree program can choose from different concentrations, such as finance and banking, international economics, marketing, and more.
Undergraduate degrees in 2023-24: 792
2. Health Services/Allied Health/Health Sciences
The general health sciences major prepares students for a nonclinical career path in medical case management, medical sales, and other roles. Students can select one of four areas of emphasis: health and wellness, leadership and policy, preprofessional, and rehabilitation sciences.
Undergraduate degrees in 2023-24: 528
3. Journalism
A number of the alumni of Mizzou’s journalism program have gone on to work for major publications and win Pulitzer prizes. Graduates work in a variety of communication-related careers, including media production, audience research, project management, and editing, to name a few.
Undergraduate degrees in 2023-24: 461
4. Psychology
The University of Missouri offers two undergraduate degree options in general psychology: A Bachelor of Arts in Psychological Sciences (BA) degree is for students interested in studying human behavior, and a Bachelor of Science in Psychological Sciences (BS) degree is for students interested in a more science-oriented curriculum.
Undergraduate degrees in 2023-24: 358
5. Biology/Biological Sciences
Students who are interested in biological sciences can choose between a Bachelor of Science or Bachelor of Arts degree. The BS degree requires students to take more biology, chemistry, physics, and math classes. Mizzou biology grads go on to careers in a wide range of fields, including health care, biotech, and education.
Undergraduate degrees in 2023-24: 281
6. Nursing
Mizzou offers nursing students three tracks toward a Bachelor of Science in Nursing degree, including an accelerated program. With a registered nursing degree, students can work as an acute care nurse, RN, nursing instructor, and clinical nurse specialist.
Undergraduate degrees in 2023-24: 247
7. Accounting
Students who enter Mizzou’s accounting program learn about systems, skills, auditing, and corporate finance. Graduates go onto careers as auditors, credit analysts, financial examiners and more. The undergraduate and master’s degree programs are merged into a 150-credit curriculum that prepares students for careers as professional accountants in public accounting, business, or government.
Undergraduate degrees in 2023-24: 171
8. Speech Communication and Rhetoric
The speech, language and hearing sciences program at Mizzou offers practical clinical experience in addition to the core in-class curriculum. Grads go onto careers in speech-language pathology and audiology.
Undergraduate degrees in 2023-24: 162
9. Political Science and Government
Students in the Mizzou political science program have the option to focus on pre-law, giving them a general orientation for law school. Other political science grads go on to have careers in government, public relations, media, and consulting.
Undergraduate degrees in 2023-24: 152
10. Economics
After graduating, Mizzou alumni with an economics degree can get jobs in business, consulting, finance, government, health care, nonprofits, technology, and a variety of other fields, or go on to earn a higher degree.
Undergraduate degrees in 2023-24: 132
Graduation Rate
Students who started at Mizzou in Fall 2017 had an overall graduation rate of 76%:
• 4 years: 56%
• 6 years: 76%
Post-Graduation Median Earnings
The average annual earnings of University of Missouri graduates is $63,000, according to the U.S. Department of Education College Scorecard. This prospective salary is somewhat under the national average of $68,516.
Bottom Line
Mizzou is a popular public university. Tuition, fees, and room and board total $33,045 per year for in-state students and $54,264 for non-Missouri residents. The University of Missouri may be a good choice for prospective students who want an immersive college experience at a big state university that offers a wide range of majors. There are options to help finance the cost of a University of Missouri education, including grants, scholarships, and federal and private student loans.
SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
SOISL-Q225-080
University of North Carolina (UNC) at Chapel Hill Tuition and Fees
University of North Carolina (UNC) at Chapel Hill Tuition and Fees
(Last Updated – 06/2025)
The University of North Carolina at Chapel Hill (UNC Chapel Hill) is a top-ranked public research university known for its academic excellence, rich history, and vibrant campus life. Founded in 1789 as the first public university in the U.S., UNC Chapel Hill offers 70+ bachelor’s degree programs and highly regarded graduate schools, including business, law, and medicine. Often referred to as a “public Ivy,” UNC Chapel Hill provides students with a dynamic learning environment, top-notch professors, and extensive research opportunities.
Total Cost of Attendance
Here’s what it costs to attend UNC Chapel Hill.
Costs for 2024-25
|
Expenses |
In-State |
Out-of-State |
|
Tuition & Fees |
$8,994 |
$41,203 |
|
Books & Supplies |
$1,290 |
$1,290 |
|
Room & Board |
$13,804 |
$13,804 |
|
Other Expenses |
$2,932 |
$2,932 |
|
Total Cost of Attendance |
$27,020 |
$59,229 |
Financial Aid
To help cover UNC tuition and other fees, 58% of students use some form of financial aid, which can include student loans, scholarships, or grants.
UNC Chapel Hill is need-blind, which means your ability (or lack thereof) to pay for your tuition will not be a factor in acceptance.
Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
• U.S. Department of Education – Search for grants from colleges and universities by state
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
When it comes to student loans, 18% of students take out federal loans and 10% take out private loans to help with UNC Chapel Hill tuition. The average private student loan is $7,725.
Private college loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: Guide to Private Student Loans
Projected 4-Year-Degree Price
The cost for attending UNC for four years would be, based on 2024-25 numbers, $108,080 for students who live in North Carolina. This is lower than the average total four-year cost of attending a public university in the U.S. for in-state students, which is $115,360.
The projected four-year degree price at UNC for out-of-state students is $236,916. This is considerably higher than the average cost of a four-year degree at a public university for an out-of-state student, which is $186,920.
Recommended: North Carolina Student Loan & Scholarship Information
Undergraduate Tuition and Fees
Costs for 2024-25
• Tuition and fees for in-state students: $8,994
Books were $1,290 for a total of $10,284
• Tuition and fees for out-of-state students: $41,203
Books were $1,290 for a total of $42,493
Find out about student loan and scholarship information.
Graduate Tuition and Fees
Costs for 2024-25
|
Expense |
In-State |
Out-of-State |
|
Tuition |
$10,764 |
$29,421 |
|
Fees |
$1,987 |
$1,987 |
|
Total |
$12,751 |
$31,408 |
The University of North Carolina at Chapel Hill has some well-respected graduate programs. For the 2023-24 academic year, UNC tuition and fees for graduate school was $12,751 for in-state students and $31,408 for out-of-state students. There are graduate loans available to help with these costs.
Cost per Credit Hour
The UNC cost per credit hour is $292.46 for in-state students and $1,634.50 for out-of-state students (note: these costs do not include student fees).
Campus Housing Expenses
Costs for 2024-25
|
|
On-Campus |
Off-Campus |
|
Room & Board |
$13,804 |
$1,125/month and up |
|
Other Expenses |
$2,932 |
$2,932 |
Incoming freshmen are required to live on campus in one of the 14 residential communities spread across the campus.
Once you complete your first year on campus, there are many options off-campus near the school. You can rent a studio or one-bedroom apartment on your own or live with roommates in an apartment, duplex, or house. This resource will help you explore the off-campus options.
University of North Carolina at Chapel Hill Acceptance Rate
Fall 2023
|
Number of applications |
57,902 |
|
Number accepted |
11,001 |
|
Percentage Accepted |
19% |
With the UNC Chapel Hill acceptance rate at 19%, the school can be challenging to get into.
Admission Requirements
To apply to UNC you’ll need to fill out the Common Application. You’ll also need to submit a letter of recommendation and an official transcript and school report. UNC is generally test-optional. However, starting in 2025-26, students with a weighted high school GPA greater than or equal to 2.50 and less than 2.80 are required to submit a standardized test score (ACT or SAT).
The deadline for Early Action is October 15, with a decision given by January 31. The deadline for Regular Decision is January 15, with a decision by March 31. You can apply here .
SAT and ACT Scores
For the cohort of students who enrolled in Fall 2023, 29% opted to submit SAT scores and 34% opted to submit ACT scores. Here’s a look at those scores. (Note: The 25th percentile means that 25% of students scored at or below these scores; 75th percentile means 25% of students scored above these scores.)
|
Subject |
25th Percentile |
75th Percentile |
|
SAT Evidence-Based |
680 |
750 |
|
SAT Math |
690 |
780 |
|
ACT Composite |
30 |
34 |
|
ACT English |
29 |
35 |
|
ACT Math |
27 |
33 |
Popular Majors at UNC – Chapel Hill
UNC Chapel Hill offers more than 80 majors and minors. Here are some of the most popular majors at UNC.
1. Biology
Biology is the study of life, from the molecule and cell to the organism and ecosystem. UNC offers both a Bachelor’s of Arts (BA) and a Bachelor’s of Science (BS) degree in biology. This BS program is designed for students who intend to continue graduate study in biological or health sciences.
Undergraduate degrees in 2023-24: 499
2. Interdisciplinary Studies
The interdisciplinary studies program is for students who are self-disciplined and crave to learn outside of the classroom. Students can create their studies around a theme, problem, or interest. Behavioral science is a key topic explored, and it’s very popular with University of North Carolina at Chapel Hill students.
Undergraduate degrees in 2023-24: 415
3. Business Administration
After completing a Bachelor of Arts or Science in business administration, students will be able to analyze and make decisions about business, utilize communication skills, and work with team members.
Undergraduate degrees in 2023-24: 384
4. Computer Science
Computer science students will dive deep into concepts related to computer science as well as sharpen their critical thinking skills. They will also have the opportunity to learn from real-world experience in the field.
Undergraduate degrees in 2023-24: 340
5. Communications
Communications majors will learn communication theories and how to apply them to different professions. They will also learn how to analyze information and how it is communicated through different media forms.
Undergraduate degrees in 2023-24: 339
6. Sports, Kinesiology, and Physical Education/Fitness
UNC Chapel Hill offers three degrees in exercise and sport science with these emphases: fitness professional, sport administration, and general.
Undergraduate degrees in 2023-24: 287
7. Political Science
In this program, students learn about politics in the West and around the world, and gain the skills necessary to evaluate and analyze political theories.
Undergraduate degrees in 2023-24: 223
8. Economics
UNC offers both a BA and BS in economics. Students will explore the principles and problems of modern economic life to prepare for either private employment, government employment, or graduate programs in economics, business administration, international studies, law, public policy, and other fields.
Undergraduate degrees in 2023-24: 221
9. Nursing
Through clinical experiences, students in this program develop the knowledge and skills needed to practice nursing in contemporary society.
Undergraduate degrees in 2023-24: 199
10. Mathematics
A BA or BS in mathematics at UNC will teach you core mathematical reasoning and problem-solving skills, and prepare you for a master’s degree or for a profession in diverse math-related fields.
Undergraduate degrees in 2023-24: 128
Learn more about the fields of study you can major in at UNC here .
Graduation Rate
Here is the graduation rate for students who started attending UNC Chapel Hill in 2017:
• 4 years: 86%
• 6 years: 92%
Post-Graduation Median Earnings
Graduates from UNC Chapel Hill earn a median annual salary of $72,200, which is more than the median national figure of $68,516.
Bottom Line
Ranked as number five in top public schools by U.S. News & World Report, UNC Chapel Hill strives to make exceptional education affordable and accessible. While the admissions process is highly selective, UNC Chapel Hill can be an excellent choice for top students looking for an Ivy-like education without the Ivy price tag. This is especially true for in-state students. But regardless of where you hail from, financial aid, including federal and private student loans, is likely available to help you achieve your educational goals.
SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
SOISL-Q225-081
University of Minnesota Tuition and Fees
University of Minnesota Tuition and Fees
(Last Updated – 06/2025)
Located in the Twin Cities of Minneapolis and Saint Paul, the University of Minnesota (UMN) is a public research university that has been educating students for more than 150 years. UMN’s schools of management, law, and education rank highly. The university’s faculty members have invented things like the pacemaker, cancer therapies, and biodegradable plastics.
Total Cost of Attendance
University of Minnesota tuition for state residents was $17,214 in 2024-25, and $38,362 for out-of-state students. This is more than the national average of $11,260 for in-state tuition at public universities, and $29,150 for out-of-state students.
Costs for 2024-2025
|
Student Type |
In-State |
Out-of-State |
|
Tuition & Fees |
$17,214 |
$38,362 |
|
Books & Supplies |
$1,000 |
$1,000 |
|
Room & Board |
$13,856 |
$13,856 |
|
Other Expenses |
$2,350 |
$2,350 |
|
Total Cost of Attendance |
$34,420 |
$55,568 |
Financial Aid
At UMN, 81% of students receive one or more forms of financial aid, including scholarships, loans, and grants.
Explore financial aid options: New Jersey Student Loans & Scholarships.
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, and non-profit organizations, offering grants for student loans to help reduce education costs.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
• U.S. Department of Education – Search for grants from colleges and universities by state
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
While 40% of University of Minnesota students take out federal student loans, 14% take out private loans averaging $15,893.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: Guide to Private Student Loans
Projected 4-Year-Degree Price
The University of Minnesota’s four-year cost for state residents would be $137,680, based on 2024-25 numbers. For out-of-state students, the University of Minnesota cost for four years would be $222,272.
Compare these costs to the national average cost of attendance of $115,360 for in-state college students and $186,920 for out-of-state attendees. University of Minnesota is, as you see, considerably more expensive than the national norm.
Here’s some Student Loan & Scholarship Information for you.
Undergraduate Tuition and Fees
Costs for 2024-25
|
Student Type |
In-State |
Out-of-State |
|
Tuition & Fees |
$17,214 |
$38,362 |
|
Books |
$1,000 |
$1,000 |
|
Total |
$18,214 |
$39,362 |
For in-state students, the combination of UMN tuition and fees plus book costs was $18,214 in 2024-25. For out-of-state students, it was $39,362.
Graduate Tuition and Fees
Costs for 2024-25
|
Student Type |
In-State |
Out-of-State |
|
Tuition |
$19,980 |
$31,212 |
|
Fees |
$2,037 |
$2,037 |
|
Total |
$22,017 |
$33,249 |
University of Minnesota tuition for graduate school, including fees, was $22,017 for in-state students, and $33,249 for out-of-state students.
There are many options for graduate loans that can help with these costs.
Cost per Credit Hour
The University of Minnesota lists their costs per credit. The charge for residents is $498.40, and $710.95 for nonresidents.
Campus Housing Expenses
Costs for 2024-25
|
Room & Board |
$13,856 |
|
Other Expenses |
$2,350 |
There are a dozen diverse residence halls and student apartments on campus for students to choose from. You can also opt for a Living Learning community, where you live with students who have the same interests. Freshmen aren’t required to live on campus, but 80% of them do. For those who want to live off-campus, there are many apartments nearby. You can explore UMN’s off-campus housing options .
University Of Minnesota Acceptance Rate
Fall 2023
|
Number of Applications |
Number Accepted |
Percentage Accepted |
|
39,863 |
30,705 |
77% |
The University of Minnesota’s acceptance rate is 77%. In Fall 2023, 30,705 students were accepted to the university.
Admission Requirements
Here are the required and recommended materials if you’re considering applying to UMN.
Required:
• Secondary-school record
Not required but considered:
• Recommendations
• Personal statement
• SAT or ACT scores
The deadline for Early Action is November 1, with a decision given by January 31. The deadline for Early Action II is December 1, with a decision given by February 15. The Regular deadline is January 1, with a decision given by March 31.
SAT and ACT Scores
Though test scores currently aren’t required with your application, here’s a look at the average standardized test scores at UMN.
|
Subject |
25th Percentile |
75th Percentile |
|
SAT Evidence-Based |
640 |
720 |
|
SAT Math |
670 |
760 |
|
ACT Composite |
27 |
31 |
|
ACT English |
25 |
33 |
|
ACT Math |
25 |
31 |
Popular Majors at the University of Minnesota
From Accounting to Youth Studies, UMN has almost every major you can think of. Here are the most popular undergrad programs.
1. Computer Science
Computer Science is the top major at UMN. Students learn and develop programming languages and operating systems, design computer software and hardware, apply computational techniques to other sciences, and explore artificial intelligence and robotics.
Undergraduate degrees in 2023-24: 604
2. Psychology
UMN offers both a Bachelor of Arts and a Bachelor of Science in Psychology. Students take courses like Biological and Quantitative Psychology, Neuroscience, Cognitive Science, Computer Science, Biology, Chemistry, and Mathematics.
Undergraduate degrees in 2023-24: 495
3. Biology
Courses for biology students include Nature of Life; Foundations of Biology for Biological Sciences Majors; Ecosystem Ecology; Sex, Evolution, and Behavior: Examining Human Evolutionary Biology; and Fungi – A Kingdom of Their Own.
Undergraduate degrees in 2023-24: 331
4. Finance
After getting a foundation in courses like Business Statistics, Finance Fundamentals, Business Analytics, and Options & Derivatives, Finance majors can go on to work as financial analysts, financial consultants, commercial bankers, financial planners, and more.
Undergraduate degrees in 2023-24: 296
5. Marketing
After starting with a base in business and economics, Marketing majors dive into topics like Marketing Foundations, Marketing Research, Business Communication, Buyer Behavior, and Marketing Analysis.
Undergraduate degrees in 2023-24:211
6. Education
One popular program prepares students to become elementary school teachers. It includes Elementary Teaching, Reading Foundations, and Special Education Foundations, as well as 1,200 classroom hours.
Undergraduate degrees in 2023-24: 201
7. Mechanical Engineering
While all Mechanical Engineering students take coursework in Mathematics, Physics, Chemistry, Engineering Science, and Applied Engineering, they have the option to further their studies in fields like System Design and Control, Manufacturing Engineering, Thermodynamics and Heat Transfer, Power and Propulsion, and more.
Undergraduate degrees in 2023-24: 187
8. Political Science
Political Science majors can personalize their studies to suit their interests. They can focus on political theory, international relations, comparative government and policy, and more. They also have the opportunity to participate in internships and political/social justice student groups.
Undergraduate degrees in 2023-24: 176
9. Kinesiology
UMN has a highly regarded kinesiology department, according to the National Academy of Kinesiology. Students get the opportunity to work in some of the 14 labs and centers on campus.
Undergraduate degrees in 2023-24: 163
10. Mathematics
UMN offers both a BS and a BA in Mathematics. Students can select a specialization, including Actuarial Mathematics, Mathematical Biology (Genomics or Physiology), Computer Applications, or Mathematics Education.
Undergraduate degrees in 2023-24: 143
Graduation Rate
Here are the graduation rates at the University of Minnesota based on the class that entered in Fall 2017.
• 4 years: 74%
• 6 years: 85%
Post-Graduation Median Earnings
After completing their studies at UMN, graduates can expect to earn an average of $69,000, which is just a tiny bit higher than the U.S. average for graduates of $68,516.
Bottom Line
The University of Minnesota provides a quality education, and the school’s acceptance rate is high, so qualified applicants have a good chance of being offered admission. While the tuition can be somewhat higher than national averages, the majority of students receive financial aid to help pay for their education, which can include grants, scholarships, and federal and/or private loans.
SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
SOISL-Q225-079
University of Miami Tuition and Fees
University of Miami Tuition and Fees
(Last Updated – 06/2025)
Founded in 1925, the University of Miami is a well-respected private research institution. Currently, more than 12,000 undergraduates are enrolled at the school’s picturesque campus, which is studded with palm trees, as you might expect to see in Florida. Here’s more about the cost of attending and how to afford it.
Total Cost of Attendance
University of Miami tuition for 2024-53 is $62,616. This is significantly above the national average for four-year private universities of $41,540.
Costs for 2024-25
|
Tuition & Fees |
$62,616 |
|
Books & Supplies |
$1,266 |
|
Room & Board |
$23,790 |
|
Other Expenses |
$6,220 |
|
Total Cost of Attendance |
$93,892 |
Financial Aid
Most students don’t pay for UMiami tuition out of pocket, but instead take out financial aid in the form of student loans, grants, or scholarships. In fact, 81% receive financial aid of some kind.
Generally, financial aid is monetary assistance awarded to students based on personal need and merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, or nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, and nonprofit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
• U.S. Department of Education – Search for grants from colleges and universities by state
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
There are two types of student loans: private and federal. At the University of Miami, 29% of students take out federal loans and 7% take out private loans. The average private student loan amount is $29,813.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: Guide to Private Student Loans
Projected 4-Year-Degree Price
The University of Miami cost for four years, based on 2024-25 estimates, would be $375,568. In contrast, the average cost for tuition and room and board for four years at a private college is $241,680. University of Miami is considerably higher than the national average cost of a 4-year education.
Here’s some Florida Student Loan & Scholarship Information for you.
Undergraduate Tuition and Fees
Costs for 2024-25
|
Student Type |
In-State |
Out-of-State |
|
Tuition & Fees |
$62,616 |
$62,616 |
|
Books |
$1,266 |
$1,266 |
|
Total Cost of Attendance |
$63,882 |
$63,882 |
In 2024-25, students paid $63,882 for tuition, fees and books at University of Miami.
Graduate Tuition and Fees
Costs for 2024-25
|
Student Type |
In-State |
Out-of-State |
|
Tuition |
$45,540 |
$45,540 |
|
Fees |
$1,330 |
$1,330 |
|
Total Cost of Attendance |
$46,870 |
$46,870 |
The university offers highly regarded graduate programs, too. University of Miami average tuition for grad school students was $45,540 in 2022-23, plus $1,330 in fees, totaling $46,870. The national average for grad school was much lower, at $21,730 per year for tuition and fees. There is the option to apply for graduate loans available to help with these costs.
Cost per Credit Hour
The University of Miami tuition covered above is for a course load of 12 to 20 credits. For students wishing to attend part-time, the cost is $2,644 per credit hour.
Campus Housing Expenses
Costs for 2024-25
|
Student Type |
On-Campus |
Off-Campus |
|
Room & Board |
$23,790 |
$24,650 |
|
Other Expenses |
$6,220 |
$6,220 |
Non-local freshmen are required to live on campus at the University of Miami. The school offers four residential colleges and two apartment properties on campus.
For upperclassmen who prefer to live off campus, there are a variety of affordable options. Living with roommates can bring your costs down. This resource can help you find off-campus housing opportunities.
University of Miami Acceptance Rate
Fall 2023
|
Number of applications |
48,286 |
|
Number accepted |
8,940 |
|
Percentage Accepted |
19% |
Admission Requirements
Here’s what’s required with your application to the University of Miami.
Required:
• High school transcript and GPA
• Letter of recommendation
• Personal statement
Recommended:
• SAT or ACT scores
For Fall 2026, the deadline for Early Decision I is November 1, with a decision given by mid December. The deadline for Early Action is also November 1, with a decision by late January. The deadline for Early Decision II is January 5 with a decision by late February. The deadline for Regular Decision is January 5 with a decision by April 1. You can apply here .
SAT and ACT Scores
Though the University of Miami does not currently require test scores to be submitted with applications, it can be helpful to see the average scores that students have earned. Here are the 25th and 75th percentile test results from Fall 2023.
|
Subject |
25th Percentile |
75th Percentile |
|
SAT Evidence-Based |
660 |
720 |
|
SAT Math |
670 |
750 |
|
ACT Composite |
30 |
33 |
|
ACT English |
31 |
35 |
|
ACT Math |
27 |
32 |
Popular Majors at the University of Miami
At the University of Miami, there are more than 180 majors and programs to choose from. Here are the most popular.
1. Nursing
Nursing is the most popular major at UMiami. Students take courses in biology, human anatomy, physiology, theories and concepts in nursing, statistics in healthcare, and more.
Undergraduate degrees in 2023-24: 213
2. Finance
Finance majors learn about financial management, investments, and financial markets, and have the opportunity to put their knowledge to use in real-world experiences.
Undergraduate degrees in 2023-24: 189
3. Psychology
The University of Miami offers both a Bachelor of Science and a Bachelor of Arts in psychology. Students learn about different aspects of human behavior, including how people think, behave, feel, and relate to others. Many students go on to graduate studies in the field.
Undergraduate degrees in 2023-24: 150
4. Marketing
With one of the best marketing departments in the country, University of Miami offers marketing students courses in consumer psychology, marketing strategy, marketing analytics, behavioral pricing, corporate social responsibility, and marketing communications.
Undergraduate degrees in 2023-24: 116
5. Health Services/Health Sciences
For those interested in a career in a health or medical field, the health sciences degree provides a good start. Coursework in biology, chemistry, genetics, statistics, and physiology prepare students for further education or jobs in health care.
Undergraduate degrees in 2023-24: 108
6. Economics
Students learn economic theories, supported by data analysis, to understand modern economic problems. The program prepares students for careers in business, government, international agencies, and graduate studies. Economics students will select one of two tracks: Political Economy (P&S) or Quantitative Economics (STEM).
Undergraduate degrees in 2023-24: 93
7. Political Science
Political science grads are ready to go out into the world to take on a variety of careers. Students study courses like public affairs, American government, comparative politics, and international relations. There is also an opportunity to study abroad in London.
Undergraduate degrees in 2023-24: 82
8. Biology
Students in the biology program will get a solid foundation in biology and then go on to learn more advanced content in biotechnology, ecology, genetics and society, human hereditary disease, and more.
Undergraduate degrees in 2023-24: 81
9. General Business
The business program allows students to customize their studies based on their interests in finance, marketing, accounting, business analytics, legal studies, and more.
Undergraduate degrees in 2023-24: 80
10. Advertising
Students in this program can choose one of two tracks: advertising creative or advertising management. They will learn how to build advertising campaigns, and will have the opportunity to intern in the field.
Undergraduate degrees in 2023-24: 67
Find out more here about the fields of study at the University of Miami.
Graduation Rate
Here is the graduation rate of students who started their studies at the University of Miami in 2017:
• 4 years: 73%
• 6 years: 84%
Post-Graduation Median Earnings
Graduates of UMiami earn, on average, $75,000 per year. This is more than the national average of $68,516.
Bottom Line
The University of Miami is a well-respected private university with diverse offerings in terms of areas of study and quality educational opportunities. However, the cost of a University of Miami education can be considerably higher than the national average. However, there are a variety of scholarships, grants, and student loans (both federal and private) available to help students make ends meet.
SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
SOISL-Q225-078
University of Iowa Tuition and Fees
University of Iowa Tuition and Fees
(Last Updated – 06/2025)
The University of Iowa is a public research university with widely recognized programs in the arts and sciences, and hundreds of different areas of study. Founded in 1847, its picturesque campus is located in Iowa City along the banks of the Iowa River. As of the fall 2024 term, 32,199 students were enrolled, pursuing an array of academic degrees and dreams.
Total Cost of Attendance
The University of Iowa tuition for state residents was $11,283 in 2024-25. This is on par with the national average of $11,260 for in-state tuition at public universities. For residents of other states, tuition was $33,371, which is somewhat higher than the national average of $29,150 for out-of-state tuition.
Costs for 2024-2025
|
Student Type |
In-State |
Out-of-State |
|
Tuition & Fees |
$11,283 |
$33,371 |
|
Books & Supplies |
$950 |
$950 |
|
Room & Board |
$12,920 |
$12,920 |
|
Other Expenses |
$4,066 |
$4,066 |
|
Total Cost of Attendance |
$29,219 |
$51,307 |
Financial Aid
To help with the University of Iowa cost, 88% of students use one or more forms of financial aid, such as scholarships, grants, loans, or a combination of them.
Explore financial aid options: Iowa Student Loan & Scholarships.
Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, or nonprofit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
• US Department of Education – Search for grants from colleges and universities by state
• College Scholarship Service Profile (CSS) – A global college scholarship application used by select institutions to award financial aid
Recommended: The Differences Between Grants, Scholarships, and Loans
Private Student Loans
Of the students who use student loans to help with University of Iowa tuition, 46% have federal loans and 13% have private loans. The average amount they have in federal student loans is $5,262 and, in private student loans, $18,217.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school throughout the year, private loans can potentially help you make your payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: Guide to Private Student Loans
Projected 4-Year-Degree Price
The University of Iowa cost for four years, including tuition and fees, room and board, books, and other expenses, would be $29,219 per year, for a total of $116,876, for in-state students. For out-of-state students, the per-year cost would be $51,307, for a total of $205,228.
Comparatively, the national average for four years of in-state tuition and fees at public universities would be $115,360, and $186,920 for out-of-state students, based on $28,840 and $46,730 annual costs, respectively. As you can see, the cost is just slightly higher for in-state students, but considerably higher for those who are out-of-state.
Here’s some Student Loan & Scholarship Information for you.
Undergraduate Tuition and Fees
Costs for 2024-25
|
Student Type |
In-State |
Out-of-State |
|
Tuition & Fees |
$11,283 |
$33,371 |
|
Books |
$950 |
$950 |
|
Total |
$12,233 |
$34,321 |
The combined cost of University of Iowa tuition and fees plus books in 2024-25 was $12,233 for Iowa residents and $34,321 for other students.
Graduate Tuition and Fees
Costs for 2024-25
|
Student Type |
In-State |
Out-of-State |
|
Tuition |
$11,650 |
$30,597 |
|
Fees |
$1,775 |
$1,775 |
|
Total Cost of Attendance |
$13,425 |
$32,372 |
Tuition and fees for grad school at the University of Iowa was $13,425 for in-state students and $32,372 for out-of-state students in 2024-25. The average cost for grad school is $21,730 per year.
There are many options for graduate loans that can help with these costs.
Cost per Credit Hour
The cost per credit hour for part-time University of Iowa students is $387 to $434, depending on the undergraduate program of study.
Campus Housing Expenses
Costs for 2024-25
|
Student Type |
In-State |
Out-of-State |
|
Room & Board |
$12,920 |
$12,920 |
|
Other Expenses |
$4,066 |
$4,066 |
Off-campus housing is calculated at the same price for the 2024-25 school year.
Prospective students can learn more here .
University of Iowa Acceptance Rate
Fall 2023
|
Number of Applications |
Number Accepted |
Percentage Accepted |
|
25,682 |
21,830 |
85% |
The University of Iowa has a high acceptance rate of 85%.
Admission Requirements
Here’s what you’re required to submit, and what’s recommended, with your application to the University of Iowa.
Required:
• High school transcript with GPA
• Proof of English proficiency
Recommended:
• SAT or ACT scores
SAT and ACT Scores
Recently, 19% of applicants provided SAT scores and 59% submitted ACT scores. The University of Iowa is test-optional. Here are the standardized test scores at the 25th and 75th percentile at UI.
|
Subject |
25th Percentile |
75th Percentile |
|
SAT Evidence-Based |
570 |
660 |
|
SAT Math |
560 |
660 |
|
ACT Composite |
22 |
28 |
|
ACT English |
20 |
28 |
|
ACT Math |
20 |
27 |
Popular Majors at the University of Iowa
The University of Iowa offers more than 200 areas of study for undergraduates. Here are the most popular majors.
1. Exercise Science and Kinesiology
After taking courses on the body’s response to the various effects of exercise, students are prepared for careers in personal training, group fitness, strength and conditioning, and sport coaching. Many choose to further their studies in physical therapy, occupational therapy, cardiac and pulmonary rehabilitation, or chiropractic, or by going to medical school.
Undergraduate degrees in 2023-24: 393
2. Finance
Finance majors take Financial Accounting and Reporting, Financial Information Technology, Investment Management, and Corporate Finance. Students also have the opportunity to participate in the Hawkinson Institute, a program that provides a two-course seminar, investment management speakers, and individualized professional development to sharpen their analytical abilities, market knowledge, technical tools, and skills in investment banking.
Undergraduate degrees in 2023-24: 344
3. Marketing and Marketing Management
Marketing majors can go beyond their coursework to deepen their knowledge through The Marketing Institute, a program that provides a two-course seminar with executives from top corporations, case competitions, and professional development in teamwork, writing, interviewing, and oral communications. Additionally, students can join UI’s chapter of the American Marketing Association.
Undergraduate degrees in 2023-24: 262
4. Nursing
Nursing students study Principles of Human Anatomy, Fundamentals of Human Physiology, Nutrition and Health, and Healthcare Finance. They also complete around 700 hours of clinical experience.
Undergraduate degrees in 2023-24: 229
5. Organization Leadership
In this program, business students learn about company structures, key strategies to lead, and other vital management issues.
Undergraduate degrees in 2023-24: 195
6. Liberal Studies
This online degree program gives students the chance to choose a track in one of the following: Expression in Writing and Arts; Family, Community, and Social Support; Global Studies; Health and Human Studies; Justice and Ethics; or Organizational Studies.
Undergraduate degrees in 2023-24: 184
7. Labor and Industrial Relations
Majors in this program learn about leadership, labor issues, workplace dynamics, and legal guidelines.
Undergraduate degrees in 2023-24: 159
8. Speech Communication and Rhetoric
This program in the communications department prepares students for a career in communications and/or journalism. It involves a deep dive into media and society, interpersonal and relational communication, and more.
Undergraduate degrees in 2023-24: 156
9. Elementary Education
This rigorous program gives future elementary educators the skills they need. Students can choose a specialty like Art K-8, English as a Second Language K-12, Middle School 5-8, Reading K-8, Talented and Gifted PK-12, and more.
Undergraduate degrees in 2023-24: 154
10. Accounting
Students get a solid business background in working with numbers. They learn how to analyze, manage, summarize, and report financial data to prepare for a career in accounting.
Undergraduate degrees in 2023-24: 143
Graduation Rate
These are the graduation rates at the University of Iowa’s class of 2017:
• 4 years: 57%
• 6 years: 73%
Post-Graduation Median Earnings
After earning their degree, University of Iowa undergrads make a median salary of $65,000 per year. That’s slightly less than the annual average of $68,516 for undergraduates nationally.
Bottom Line
University of Iowa is a well-regarded public school that provides good value for a quality education with numerous fields of study to choose from. Costs are on par with the national average for in-state students, but somewhat higher for those from out of state. However, with many financial aid options available (including federal and private student loans), paying for an education at the University of Iowa can likely be within your reach.
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