Saint Mary's University of Minnesota

In 2022, tuition for full-time students at Saint Mary's University of Minnesota was $42,500 a year.

Tuition increased 4.89% in 2023–from $40,520 the prior year. Usually, college tuition goes up about 3% every year.

Remember, the displayed price of tuition does not always give you enough information to determine the actual cost of attending any given college. Many students owe far less than the total tuition after grants, scholarships, and tuition discounts are applied. Additionally, student loans can make thecost of college feel more doable until after graduation.

Saint Mary's University of Minnesota meets 85.3% of the demonstrated financial need for undergraduates. First-year students that attend Saint Mary's University of Minnesota full-time are awarded $35,257 a year in financial aid, on average.

The average student debt for graduates in the class of 2023 was around $43,209 per student, not including those with no debt.

In-state vs. Out-of-state Tuition at Saint Mary's University of Minnesota

Saint Mary's University of Minnesota is a private, religious institution, which means it has the same tuition for residents of Minnesota as it does for residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer a lower cost of attendance for those who qualify as Minnesota residents.

Choosing a college where you qualify for in-state residency can cut the cost of college tuition. Take the time to confirm your state's rules for as an in-state resident. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be additional requirements too, depending on where you live.

Explore other Minnesota colleges

Saint Mary's University of Minnesota International Student Tuition

Tuition at Saint Mary's University of Minnesota is the same for all students.

Students from outside of the U.S. are not eligible for federal financial aid, but should research private or school-specific grants, scholarships, and other funding opportunities. International students who demonstrate financial need may be eligible for the following types of financial support at Saint Mary's University of Minnesota:

•On-campus jobs •Loans from outsideSaint Mary's University of Minnesota •Saint Mary's University of Minnesota-specific scholarships

International students without financial need may be eligible for merit-based institutional scholarships.

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Saint Mary's University of Minnesota Living Expenses, Fees, and More

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In addition to tuition, there are other costs associated with college, like room and board, facility fees, and books and supplies. Let's take a look at what impacts these costs, and what to expect at Saint Mary's University of Minnesota.

House and Food Costs at Saint Mary's University of Minnesota

Housing and campus dining at Saint Mary's University of Minnesota is $10,720 a year. This covers the cost of living in dorms or other on-campus housing, and a dining plan that allows you to eat in the school dining facilities. Students who live off campus but would like to be able to eat in the campus dining can choose to be on a meal plan. The cost of a mean plan, or board-only, is $6,000.

Meal-plan costs can depend on the number of meals you intend to eat on-campus

Cost of Books at Saint Mary's University of Minnesota

The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Yearly Fees

The majority of colleges also have fees to help cover the cost of facilties, like the computer labs and libraries, athletic facilities, and more.

Keep in mind, there could also be other costs associated with participating in special activities, like joining a fraternity or sorority, or playing on an intramural sports team. Most colleges have resources for students with demonstrated need to find ways to lower or eliminate these fees.

The Cost of Transportation at Saint Mary's University of Minnesota

The cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you own a car, or are you planning to use public transportation? All of these questions can make a big difference in your estimated cost of transportation. Keeping in mind, first-year students are allowed to park a car on campus.

The location of a college or university can impact your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the other hand transportation in an urban area is sometimes costly, but cities may offer more buses, trains and low-cost flight options to actually get to school. Saint Mary's University of Minnesotais located in a town in Minnesota.

Other Costs

When budgeting for college, be sure to take into account personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.

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The Full Cost of Attending Saint Mary's University of Minnesota

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Now, let’s do a rundown of all of the costs associated with college, to get a better idea of how much students can expect to shell out for Saint Mary's University of Minnesota.

Total Cost of Saint Mary's University of Minnesota

What will the cost of attending Saint Mary's University of Minnesota be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses
Tuition	$42,500
Room and Board	$10,720
Board Only	$4,720
Other expenses	$750

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Total Estimated Costs
On-Campus	$54,630
Off-Campus	$48,630

The breakdowns above provide a good estimate of the total cost of attendance before financial aid and scholarships. Tuition and fees may vary depending on program, course level, location, and more.

Saint Mary's University of Minnesota’s tuition and fees change based on: •Campus location for full-time and part-time students •Academic program for part-time students •Course load for both full and part-time students

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Saint Mary's University of Minnesota Financial Aid

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The majority of Saint Mary's University of Minnesota undergrads use financial aid to help pay for school. In 2023, 585 of the 1,104 undergrads enrolled received financial aid. Saint Mary's University of Minnesota meets 85.3% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $35,257 a year. Around 78% of Saint Mary's University of Minnesota undergrads take out student loans to cover any remaining costs. Saint Mary's University of Minnesota graduates who have student loans graduate with an average of $43,209 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$24,138
Private Loans	$42,120

Most Common Loans for Saint Mary's University of Minnesota Students
Federal Loans	77%
Private loans	36%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Saint Mary's University of Minnesota financial aid, keep reading, or visit their financial aid website.

Scholarships at Saint Mary's University of Minnesota

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Saint Mary's University of Minnesota awarded 582 need-based scholarships to students, giving away total of $25.2 million to help students with financial need cover the cost of school.

Net Cost of Saint Mary's University of Minnesota

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Saint Mary's University of Minnesota students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Saint Mary's University of Minnesota was $35,257 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Saint Mary's University of Minnesota seem more manageable.

Estimated Net Cost for Full-Time Students
On-Campus	$19,373
Off-Campus	$13,373

What will attending Saint Mary's University of Minnesota really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families get a better idea of the actual cost of attending that school, based on their financial situation. You can find the Saint Mary's University of Minnesota's net cost calculator on their website.

Saint Mary's University of Minnesota Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Saint Mary's University of Minnesota does not have guaranteed tuition.

Saint Mary's University of Minnesota offers an Installment Payment Plan, which allows students to pay tuition in a series of smaller chunks instead of one lump sum.

Does Saint Mary's University of Minnesota Offer Tuition Waivers?

Schools sometimes waiver tuition for certain groups, to offset the cost of attending. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Saint Mary's University of Minnesota has some full or partial tuition waivers available for: - Employees or Children of Employees

Check the financial aid website for more information on payment plans and tuition waivers.

Saint Mary's University of Minnesota's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

As of 2022, the total market value of Saint Mary's University of Minnesota's endowment was $68.8 million. The average college endowment was $905 million in 2021.

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Learn More About Saint Mary's University of Minnesota

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