Payback
EarningsPlus
Economic score
Southwest Minnesota State University is a public regional university located in Marshall, Minnesota. Southwest Minnesota State University is very inclusive in their admissions.
Return on educational investment at Southwest Minnesota State University is in the bottom 50% of all ranked schools. The median student earns $43,800 10 years after enrolling, 29th in Minnesota, and in the bottom 50% nationally. When adjusted for earning differences by major, Southwest Minnesota State University bachelor students earn 6% less than the national average. Southwest Minnesota State University is ranked 23rd in Minnesota.
Southwest Minnesota State University’s median net annual cost of $13,872 and average years to graduate of 4.6 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Southwest Minnesota State University sorted by number of graduates - Registered Nursing, Education, Health & Fitness, Business Administration, Accounting, Special Education - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$13,872
Average years to graduate
4.6
Hospitality Mgmt.
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 2.73
Psychology
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 3.41
Finance
Rank: #288
Economic score: 4.02
Criminal Justice
Rank: #155
Economic score: 4.17
Social Work
Rank: #82
Economic score: 4.56
Education (subject specific)
Rank: #135
Economic score: 5.07
Agricultural Bus. and Mgmt.
Rank: #60
Economic score: 6.36
Biology
Rank: #410
Economic score: 9.28
Sociology
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 9.74
Education, General
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 33.69
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 3 graduate programs at Southwest Minnesota State University - Education, General, Business Administration, Education (subject specific) - are shown below.
The average full-time graduate completes their degree in 4.6 years. 51% of all students graduate within 8 years including part-time students. The graduation rate at Southwest Minnesota State University is 13% lower than the state average, and 6% below the average for all regional universities in the country.
At Southwest Minnesota State University, Pell Grant recipients represent 10% of the measured graduating class, 25% lower than the national average of 35%. The average Pell Grant recipient at Southwest Minnesota State University graduates within 4.7 years.
Southwest Minnesota State University is in the bottom 5% 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.
Southwest Minnesota State University’s economic mobility score of 4.01 is calculated by adjusting the 4.46 economic score of lower-income students by the 10% pell grant recipients within the student body. Southwest Minnesota State University’s EMS of 4.01 ranks in the bottom 5% 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 5%
The average Title IV recipient at Southwest Minnesota State University pays $13,872 a year, $7,958 less than the $21,830 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 $13,872
Much of the gap between net price and sticker price is filled by institutional and government grants. At Southwest Minnesota State University, 97% 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 $13,872 on average to be covered by the student – be it through loans or out of pocket. In total, 68% of students take out loans, federal or private, at an average amount of $7,049. This is 14% more than the national average.
Federal grants
$5,124
Pell grants
$4,149
State grants
$3,279
Institutional grants
$3,452
Southwest Minnesota State University offers 14 online bachelor programs, all of which are held exclusively online. At the master’s level Southwest Minnesota State University offers 1 exclusively online program. 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
15
Percentage of programs online
25%
Southwest Minnesota State University's very inclusive admissions are indicated by their 91% acceptance rate. In 2021, the school had 1,672 applicants, of which 1,522 were admitted and 421 enrolled. Southwest Minnesota State University doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Full time
81%
83%
Female
60%
59%
First time
57%
59%
In-state
71%
68%
1st generation
27%
35%
White
72%
52%
Black
9%
14%
Hispanic
6%
15%
Asian
2%
5%
American Indian
1%
1.6%
Pacific Islander
1%
0.3%
Other
9%
12%