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What about costs?
Application Fee:
A $200 administrative fee is charged to all NSE applicants. Your U of M student account will automatically be billed the $200 administrative fee once you submit your application. This fee is used to support the operation of the NSE program, including services provided to you both prior to and during your exchange. THIS PAYMENT IS NON-REFUNDABLE.
Tuition and Fees:
There are two tuition plans available through NSE: - Plan A:
U of M students pay in-state (resident) tuition and fees at their host NSE campus. Students placed on Plan A are not billed tuition by the U of M and are exempt from paying most student services and university fees to the U of M. Plan A tuition rates for each NSE school are listed in the NSE directory, or online at www.nse.org.
- Plan B:
U of M students pay their normal tuition and fees to the U of M. Minnesota residents pay full-time resident-rate tuition and fees, and reciprocity students pay full-time reciprocity-rate tuition and fees. (If you currently pay out-of-state tuition, talk with an NSE advisor.)
PLEASE NOTE: Regarding tuition plans, you will choose between "B only" and "A or B" on the application form. If you choose "B only", this means you are only willing to be placed on Plan B. Students with significant financial aid packages from the U of M or those that do not want to pay tuition to their host school typically choose this option. If you choose "A or B", this means you are willing to be placed on either tuition Plan A or tuition Plan B. If you circle "A or B" on the application, it is U of M policy to first attempt to place you on Plan B, however the host school will ultimately decide which tuition plan you will be placed on.
Other Fees/Expenses:
Housing and meals are always paid to the host campus. (If you live off-campus, you are also responsible for those costs). Also paid to the host campus, regardless of the tuition payment plan, are fees that are assessed as a condition of enrollment (e.g., application, laboratory, general service, computer, technology, art and photography supplies, etc.). You will also be responsible for the costs you incur for transportation, personal expenses, and sightseeing opportunities.
What about financial aid?
The information below is intended for a general audience and does not apply to every U of M student. We strongly encourage you to meet with a financial aid representative to learn more about your specific financial aid situation. Contact an NSE advisor for more information. Students who participate in National Student Exchange are eligible for most forms of financial aid. The tuition plan of your exchange determines the source of financial aid funding: - Students on Plan A (tuition and fees paid to the host institution) receive financial aid funding from the host institution and must apply through that institution for those funds. (An NSE advisor will assist you with this process.) Financial aid is not available through the U of M for students on Plan A.
- Students on Plan B apply for and receive their funding from the U of M (including most scholarships and grants). Financial aid is not available through the host institution for students on Plan B. If you're a Plan B student, NCAA scholarships and College Work Study funding cannot be applied to the National Student Exchange.
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