Pay for College
The Big Question: Is the Cost of College Worth It?
As college tuition trends upward, students across the nation find themselves asking that very question. Our students take confidence in knowing that UMR's in-demand degrees, experiential learning opportunities, and industry connections will make it easier to land a well-paying career.
If you’re committed to taking on the challenge of earning a degree at the University of Minnesota Rochester (UMR), then we’re committed to working with you and your family to make it possible. We understand that your education is a significant investment for both you and your family and we’re ready to help guide you through the financial aid process at UMR. This section of our website will assist you with tools and information as you progress through the financial aid process.
How will I pay for college?
It’s a common question. Almost 90% of BSHS and BSHP students receive some form of financial aid. Financial assistance for college is available from a number of sources including merit-based scholarships, need-based grants, loans, and employment opportunities.
Net Price Calculator for Future First Year Students
Tuition is only a portion of the costs that students must cover in order to succeed at the University. UMR provides an estimated complete cost of attendance that gives you a more complete picture of what a year will cost.
Using the Net Cost Calculator for Future Freshmen, you can get a sense of the types of need-based aid for which you may be eligible. This calculator is intended to assist you in your college planning.
Note: University of Minnesota Rochester students can use these tools to estimate costs. Questions should be referred to One Stop at (507) 258-8069.
"I have taken advantage of financial opportunities in order to fund my education. I have taken out loans to fund my education but am confident that I will be able to manage the costs." — Kadie, Senior
Other Financial Aid
No matter where you plan to attend college, the first step in the financial aid process is to complete the Free Application for Federal Student Aid (FAFSA). Seniors, it’s a good idea to get started on your FAFSA early and to complete it by March 1, UMR's priority FAFSA deadline, if possible.You should also fully complete your application for admission, as this is also your application for merit based scholarships for incoming students at UMR. Take some time to go through the important resources and links listed below.
- Health Care Scholars Day
- Free Application for Federal Student Aid (Use code 003969)
- University of Minnesota Promise Scholarship
- FinAid! The SmartStudent Guide to Financial Aid
- Minnesota Dream Act
- National Association of Student Financial Aid Administrators
- Fast Web
- Minnesota Office of Higher Education
- College Goal Sunday
- Your High School Guidance or Counseling Office
- Public Library