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Money Matters

Finance News

Tuition, room, and board

Current transportation costs, including parking rates and busing options, can be found at the Parking and Transportation Services website. See U-Pass for information about this discount bus program for University students.

Financial Aid, Scholarships, Loans, and Tax Benefits

Financial Aid

Free Application for Federal Student Aid (FAFSA).

En Español—FAFSA: Solicitud Gratuita de Ayuda Federal para Estudiantes.

Financial Aid Guide

Find out more about how to apply for financial aid and scholarships, determine aid eligibility, locate aid alternatives, and more on One Stop's Financial Aid Basics.

Scholarships

A list of merit-based, campus-wide or college-specific scholarships can be found on the Admissions website.

Additional scholarship opportunities are listed on the student One Stop site, including a scholarship search for current undergraduates. The search matches University of Minnesota, Twin Cities, scholarships with a students' profiles to give them an individualized list of scholarships for which they may be able to apply, brief scholarship descriptions, and links to where they can learn more.

Loans

PLUS Loans—Questions and answers for parents about the Parent Loan for Undergraduate Students (PLUS).

Education Tax Benefits

The University of Minnesota provides an Education Tax Benefits website for University of Minnesota students and their parents who may be eligible for education related tax breaks, including the Hope Scholarship Tax Credit, Lifetime Learning Tax Credit, and Student Loan Interest Deduction.

Seminar for Parents: College Finance

Seminar for Parents: College Finance includes talking points and information for working with your student about successfully navigating their finances during college.

Student Employment

See information about on- and off-campus jobs, work-study, and the documentation students need when they begin working.

See Student Employment >

Articles of Interest

Affording college during a recession

Help with applying for financial aid

Parents' Voices of Experience: Advising Students on Finances, Credit Cards, and Spending

A piggy bank.

Parents' Finance FAQs

One Stop Student Services has compiled a list of parents' most frequently asked questions about finance.

Pay Tuition and Access Your Student's Records

Questions and answers about the University's electronic billing system and parent/guest access to student information (including bills, financial aid status, grades, and more).

See Paying Tuition and Student Record Access >

Insurance

Information about insurance for health, personal belongings, and more.

See Insurance >

Protecting Your Finances

One Stop Student Services encourages students to be aware of different types of scams and fraud. The U.S. Department of Education also encourages students to be alert to identity fraud.

Beware of Scholarship Fraud

The Minnesota Attorney General's office urges families to beware of fraudulent college financial aid schemes.

The federal government provides additional information about scholarship scams. En Español.

Boynton offers free financial counseling to students

Free financial counseling services are available to University students at Boynton Health Service. Boynton Health Service and Lutheran Social Service (LSS) Financial Counseling offer help with debt management plans, free budget counseling, and information about credit and consumer protection.

For more information, see the Boynton Health Service website.