General Information

Residency

To establish Minnesota residency for University of Minnesota purposes and thus be eligible for resident admission standards and resident tuition rates, you must be able to show that you have resided in Minnesota continuously for at least one calendar year prior to the first day of the semester for which you are seeking admission or resident tuition status and show that school attendance is not your primary reason for residing in this state.

International students who are in this country on student visas are not eligible for residency.

For an application or more information contact:

Residency Classification Office
240 Williamson Hall
231 Pillsbury Drive SE
Minneapolis, MN 55455
Phone: (612) 625-6330 (8:00-4:30 M-F)

Reciprocity

Residents of South Dakota who attend the University of Minnesota may be able to apply for reciprocity privileges and pay a tuition rate comparable to the resident rate. Application for reciprocity is separate from the regular admissions application. If you are eligible, you should obtain a reciprocity application form from the South Dakota Reciprocity Program office. Processing of the form by your home state will take from four to six weeks. If you are a non-resident and have not applied or are not eligible for reciprocity, you will be charged non-resident tuition rates.

Applicants from this reciprocity state should contact the following office:

South Dakota Board of Regents
Reciprocity Program
Box 2201
Brookings, SD 57007
Phone: (605) 688-4497

Residents of North Dakota admitted to the University of Minnesota Medical School prior to August 2006 will continue to be charged the Minnesota in-state tuition.

Financial Aid Payments

For billing and payment of tuition, fees, and on-campus housing, Accounts Receivable/One Stop assigns an account to each student. Most financial aid funds will be electronically transferred to your account each semester.

If a credit balance remains in your account after your tuition, fees, and on-campus housing charges have been paid, the funds will be automatically mailed to your address on file. Therefore, it is important to keep your current mailing address up-to-date by making address changes at www.onestop.umn.edu using the Personal Information "Quick Link." Any and all name changes shoud be processed through the Medical School Student Affairs Office in B-680 of the Mayo Building.  Their phone number is (612) 624-8101.

If you would like to sign up for the direct deposit of your credit balance, you may apply online at www.onestop.umn.edu. With Direct Deposit, your credit balance funds will be automatically deposited into either your checking or savings account. You are encouraged to use Direct Deposit, as it is quicker and safer than receiving a paper check in the mail.

You can see your student account information and recent transactions on the Web at www.onestop.umn.edu.

Tuition & Fees Payments

Billing notifications are sent approximately two weeks after the University semester begins. These notifications are sent to your University-assigned e-mail address (the "umn.edu" e-mail address). Billing notices list both a new balance and, usually, a minimum payment amount. Billing notices will list financial aid credits received electronically as of the billing "sent" date. Late fees are assessed if you are not paid in full on the due date. An installment plan is available with an additional fee that is explained within the billing notification e-mail.

Unpaid Tuition Bills

Students with unpaid tuition bills from the previous semester are not able to be officially registered for subsequent semesters. A "hold" is put on a student's record and the student's registration is not processed until the back tuition has been paid. No further course work will be recorded on transcripts. Registration will be completed when the student's account is paid in full. Financial aid cannot be processed or released if there is a hold on the student's record.

Loan Deferments

Student loan deferment forms, provided by your lender, are completed by the University Certifications Office at:

One Stop
Deferment Certifications
130 Coffey Hall
1420 Eckles Ave.
St. Paul, MN 55108
Phone: (612) 624-1111

Depending on your lender or servicer, you may have to defer loans yearly or each semester. The latest information the Medical School Financial Aid Office has received states that if you have used all grace periods on loans prior to beginning medical school, you may be required to submit semester deferments. If you have not used any grace periods, in most cases, you will be required to defer yearly. If you have questions regarding your specific case, you should contact your bank or servicer directly.

Entrance & Exit Interviews

Before receiving a Federal Direct Subsidized or Unsubsidized Loan, first-time borrowers at the University of Minnesota are required by federal regulations to participate in an entrance interview with a financial aid counselor. Medical students usually attend a group session during Orientation. The purpose of this regulation is to make sure you understand the terms and conditions of the money you are borrowing and the responsibilities you now have as a borrower.

Any student who borrows federal and/or institutional loan funds is required by federal law to participate in a financial aid exit interview before graduating, withdrawing, or taking a leave of absence. Group exit interviews are held in the spring, and the following individualized information is provided: the total amount borrowed under each loan program, the amount and date repayment begins on each loan, other repayment provisions (length of repayment term, forbearance, deferments, cancellation), and the consequences of default. In addition, it is strongly recommended that all graduating seniors with medical school debt schedule an appointment with a Medical School Financial Aid counselor to obtain personalized information on repayment options, including loan consolidation and an analysis of future debt payments and projected income.

Basic Tips for Student Borrowers

  • Be knowledgeable about sources of financial assistance and the processes of applying to these programs.
  • Keep up to date with changes in legislation, bank regulations, or loan terms that affect each borrower.
  • Be certain of the deadlines and make every effort to meet them.
  • Be responsible for filling out accurately and completely the applications for FAFSA, scholarship programs, and service programs. Careless handling of these documents could create problems that are both costly and might impose time delays.
  • The Medical School has several need-based financial aid programs. You will be awarded financial aid from these programs only if complete, detailed, and documented information is provided. Timeliness is important.
  • Additional documentation is frequently necessary in order to receive financial aid.
  • If you believe there are extenuating circumstances that would affect the amount of your award, please see a counselor in the Medical School Financial Aid Office.
  • The Medical School Financial Aid Office also offers financial counseling, planning, and assistance with budgeting and debt management.