PSEO Reimbursement Amount

The overview of the payment process is located in the PSEO Data & Corrections page.

The Minnesota Department of Education (MDE) updates the PSEO per credit reimbursement rate each June based on what the legislature passes in the education omnibus bill. Typically, MDE will notify all of the PSEO institutions of this rate change, but that hasn't consistently been the case. Currently, the UMT Pre-College Programs director will email our MDE contact in early to mid-June for an update on the per credit reimbursement rate.  Once that's been determined, they will email the system campuses.

Academic Year

• 2015-16 - $194.41 per credit

• 2016-17 - $198.60

• 2017-18 - $202.86

• 2018-19 - $207.22

• 2019-20 - $211.66

• 2020-21 - $216.20

• 2021-22 - $221.87

• 2022-23 - $226.62

• 2023-24 - $236.30

• 2024-25 - $241.33