Payback
EarningsPlus
Economic score
Minnesota State University, Mankato is a public regional university located in Mankato, Minnesota. Minnesota State University-Mankato is moderately inclusive in their admissions.
Return on educational investment at Minnesota State University-Mankato is in the top 50% of all ranked schools. The median student earns $51,689 10 years after enrolling, 21st in Minnesota, and in the top 50% nationally. When adjusted for earning differences by major, Minnesota State University-Mankato bachelor students earn 2% more than the national average. Minnesota State University-Mankato is ranked 18th in Minnesota.
Minnesota State University, Mankato’s median net annual cost of $17,159 and average years to graduate of 4.8 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Minnesota State University-Mankato sorted by number of graduates - Registered Nursing, Business Administration, Psychology, Comms & Media Studies, Health & Fitness, Marketing - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$17,159
Average years to graduate
4.8
Computer and Information Sciences
Rank: #100
Economic score: 1.59
Air Transportation
Rank: #11
Economic score: 2.14
Dental Support Services
Rank: #26
Economic score: 2.34
Accounting
Rank: #236
Economic score: 2.5
Finance
Rank: #174
Economic score: 2.76
Criminal Justice
Rank: #84
Economic score: 3.27
Social Work
Rank: #67
Economic score: 4.16
Biology
Rank: #204
Economic score: 4.97
Education (subject specific)
Rank: #155
Economic score: 5.32
Education
Rank: #183
Economic score: 5.47
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 6 graduate programs at Minnesota State University-Mankato - Special Education, Communication disorder sciences, Accounting, Health & Fitness, Education (subject specific), Social Work - are shown below. To see more programs, click on "see additional programs".
Clinical / Counseling Psych
Rank: #2
Economic score: 0.21
Educ. Administration
Rank: #27
Economic score: 0.23
Registered Nursing
Rank: #89
Economic score: 0.34
English Language & Lit
Rank: #2
Economic score: 0.41
Education, General
Rank: #71
Economic score: 0.47
Outdoor Education.
Rank: #1
Economic score: 0.48
Comms & Media Studies
Rank: #19
Economic score: 0.57
Rhetoric & Composition
Rank: #19
Economic score: 0.84
The average full-time graduate completes their degree in 4.8 years. 55% of all students graduate within 8 years including part-time students. The graduation rate at Minnesota State University-Mankato is 9% lower than the state average, and 3% below the average for all regional universities in the country.
At Minnesota State University-Mankato, Pell Grant recipients represent 23% of the measured graduating class, 12% lower than the national average of 35%. The average Pell Grant recipient at Minnesota State University-Mankato graduates within 4.9 years.
Minnesota State University-Mankato is in the bottom 25% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Minnesota State University, Mankato’s economic mobility score of 13.04 is calculated by adjusting the 3.22 economic score of lower-income students by the 23% pell grant recipients within the student body. Minnesota State University-Mankato’s EMS of 13.04 ranks in the bottom 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 50%
The average Title IV recipient at Minnesota State University, Mankato pays $17,159 a year, $4,505 less than the $21,664 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $17,159
Much of the gap between net price and sticker price is filled by institutional and government grants. At Minnesota State University-Mankato, 57% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $17,159 on average to be covered by the student – be it through loans or out of pocket. In total, 60% of students take out loans, federal or private, at an average amount of $9,314. This is 6% more than the national average.
Federal grants
$5,516
Pell grants
$4,215
State grants
$3,113
Institutional grants
$2,149
Minnesota State University, Mankato offers 4 online bachelor programs, all of which are held exclusively online. At the master’s level Minnesota State University-Mankato offers 16 programs, all of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
20
Percentage of programs online
11%
Minnesota State University, Mankato's moderately inclusive admissions are indicated by their 69% acceptance rate. In 2021, the school had 9,859 applicants, of which 6,850 were admitted and 2,113 enrolled. Minnesota State University-Mankato has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
91%
83%
Female
57%
59%
First time
61%
59%
In-state
83%
68%
1st generation
24%
35%
White
72%
52%
Black
6%
14%
Hispanic
5%
15%
Asian
4%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
13%
12%