Parent Home > Money Matters
Tuition, room, and board
- Tuition rates and fees.
- Find out when, where, and how to pay tuition.
- Rates for room and board are posted on the Housing and Residential Life website.
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
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.
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.
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.
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
Parents' Voices of Experience: Advising Students on Finances, Credit Cards, and Spending
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).
Information about insurance for health, personal belongings, and more.
See Insurance >
Protecting Your Finances
Beware of Scholarship Fraud
The Minnesota Attorney General's office urges families to beware of fraudulent college financial aid schemes.
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.