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UMN makes tuition free for students from families making under $50,000

Twin Cities Pioneer Press logo Twin Cities Pioneer Press 2/15/2021 Josh Verges
a tree in front of a building: Northrop Auditorium at the University of Minnesota's Twin Cities campus, Monday, August 24, 2020. (Scott Takushi / Pioneer Press) © Provided by Twin Cities Pioneer Press Northrop Auditorium at the University of Minnesota's Twin Cities campus, Monday, August 24, 2020. (Scott Takushi / Pioneer Press)

Tuition at any University of Minnesota campus will be free starting this fall for students from families making less than $50,000 a year.

The Board of Regents last week established the benchmark as part of a new strategic plan for the university.

The income figure pertains to a family’s adjusted gross income, which excludes pretax retirement contributions and health insurance premiums, among other expenses.

U students from families making less than $50,000 already pay little tuition, if any, thanks to state and federal grants and university scholarships. Some even get aid packages that exceed the sticker price.

The tuition-free pledge does not cover other costs of attending college. The U says Twin Cities undergraduates living in a dorm or apartment can expect to pay $13,800 per year for room and board, books, transportation, personal items and loan fees.

The U’s strategic plan, called MPACT, also includes a goal of reducing the average debt at graduation to $25,000 from $26,876 among graduates who borrow for college.

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