Southwest Minnesota State University

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2017 Undergraduate Tuition

$7,496

3.79% growth from 2016

2017 Average Net Price

$14,854

After Financial Aid

2016 Student Loan

4.84%

Default Rate

2017 Acceptance Rate

61.6%

2,051 Applicants

2017 Enrolled Students

7,154

31% Full-Time

2017 Graduation Rate

44.7%

181 Graduates

About

Southwest Minnesota State University is a higher education institution located in Lyon County, MN. In 2016, the most popular Bachelor's Degree concentrations at Southwest Minnesota State University were General Business Administration & Management (53 degrees awarded), Early Childhood Education & Teaching (50 degrees), and Elementary Education & Teaching (38 degrees).

In 2017, 708 degrees were awarded across all undergraduate and graduate programs at Southwest Minnesota State University. 67.1% of these degrees were awarded to women, and 32.9% awarded men. The majority of degree recipients were white (560 degrees), 24.3 times more than then the next closest race/ethnicity group, black or african american (23 degrees).

The median undergraduate tuition at Southwest Minnesota State University is $7,496, which is $-13,237 less than the national average for Masters Colleges and Universities ($20,733).

Costs

The median undergraduate tuition at Southwest Minnesota State University is $7,496, which is $-13,237 less than the national average for Masters Colleges and Universities ($20,733).

After taking grants and loans into account, the average net price for students is $14,854.

In 2017, 25% of undergraduate students received federal grants, while 20% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,496

2017 Undergraduate Tuition

In 2017, the cost of tuition at Southwest Minnesota State University was $7,496. The cost of tuition at Southwest Minnesota State University is $-13,237 less than than the overall (public and private) national average for Masters Colleges and Universities ($20,733).

This chart compares the tuition costs of Southwest Minnesota State University (in red) with those of other similar universities.

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Average Net Price

$14,854

2017 Value

0.202%

1 Year Growth

In 2017 Southwest Minnesota State University had an average net price — the price paid after factoring in grants and loans — of $14,854. Between 2016 and 2017, the average net price of Southwest Minnesota State University grew by 0.202%.

This chart compares the average net price of Southwest Minnesota State University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$7,686

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Southwest Minnesota State University was of $7,686 in 2017. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 1.51% between 2016 and 2017. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Southwest Minnesota State University (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

25%

Of Undergraduates Receive Grants

20%

Of Undergraduates Receive Federal Loans

25% of undergraduate students at Southwest Minnesota State University received grants or loans in 2017. This represents a decline of 3.85% with respect to 2016, when 26% of undergraduate students received financial aid.

This chart compares the average award discount at Southwest Minnesota State University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

4.84%

2016 Default Rate

44

Number of Defaults

In 2016 the default rate for borrower's at Southwest Minnesota State University was 4.84%, which represents 44 out of the 909 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Southwest Minnesota State University received 2,051 undergraduate applications in 2017, which represents a 8.86% annual growth. Out of those 2,051 applicants, 1,264 students were accepted for enrollment, representing a 61.6% acceptance rate.

There were 7,154 students enrolled at Southwest Minnesota State University in 2017, and 0% of first-time enrollees submitted SAT scores with their applications.

Southwest Minnesota State University has an overall enrollment yield of 26.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

61.6%

Acceptance Rate in 2017

1,264

Accepted Out of 2,051

In 2017, the undergraduate acceptance rate of Southwest Minnesota State University was 61.6% (1,264 admissions from 2,051 applications). This is higher than the acceptance rate of 2016, which was 54.2%. Between 2016 and 2017, the number of applicants grew by 8.86%, while admissions grew by 23.8%.

This chart compares the acceptance rate of Southwest Minnesota State University (in red) with that of other similar universities.

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SAT Scores

0%

Submission Percentage

0

Scores Submitted

0% of enrolled first-time students at Southwest Minnesota State University in 2017 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Southwest Minnesota State University has a total enrollment of 7,154 students. The full-time enrollment at Southwest Minnesota State University is 2,217 students and the part-time enrollment is 4,937. This means that 31% of students enrolled at Southwest Minnesota State University are enrolled full-time.

The enrolled student population at Southwest Minnesota State University, both undergraduate and graduate, is 83.9% White, 3.63% Hispanic or Latino, 2.5% Two or More Races, 2.14% Black or African American, 1.68% Asian, 0.377% American Indian or Alaska Native, and 0.0978% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Southwest Minnesota State University in full-time Undergraduate programs are majority White Female (45.2%), followed by White Male (31.4%) and Black or African American Male (3.11%). Students enrolled in full-time Graduate programs are majority White Female (56.1%), followed by White Male (15.8%) and Hispanic or Latino Female (1.05%).

Full-Time vs Part-Time Enrollment

31%

Full-Time Enrollment

The total enrollment at Southwest Minnesota State University, both undergraduate and graduate, is 7,154 students. The full-time enrollment at Southwest Minnesota State University is 2,217 and the part-time enrollment is 4,937. This means that 31% of students enrolled at Southwest Minnesota State University are enrolled full-time compared with 68.6% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Southwest Minnesota State University (in red) compares to similar universities.

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Retention Rate over Time

60%

2017 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Southwest Minnesota State University was 60%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Southwest Minnesota State University had a retention rate lower than its peers.

This chart shows the retention rate over time at Southwest Minnesota State University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    6,001

  2. Hispanic or Latino

    260

  3. Two or More Races

    179

The enrolled student population at Southwest Minnesota State University is 83.9% White, 3.63% Hispanic or Latino, 2.5% Two or More Races, 2.14% Black or African American, 1.68% Asian, 0.377% American Indian or Alaska Native, and 0.0978% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 54.4% White, 15% Hispanic or Latino, and 13.2% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 212 students (2.96%) did not report their race.

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Graduates

In 2017, 242 more women than men received degrees from Southwest Minnesota State University. The majority of degree recipients at Southwest Minnesota State University are white (560 degrees awarded). There were 24.3 times more white graduates than the next closest race/ethnicity group, black or african american (23 degrees).

The most common Bachelor's Degree concentration at Southwest Minnesota State University is General Business Administration & Management (53 degrees awarded), followed by Early Childhood Education & Teaching (50 degrees) and Elementary Education & Teaching (38 degrees).

The most specialized majors across all degree types at Southwest Minnesota State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (229 degrees awarded), Agriculture (24 degrees), and Parks, Recreation, & Leisure (43 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Southwest Minnesota State University are Elementary & middle school teachers (2,104,993 people), Accountants & auditors (1,118,054 people), Other managers (709,881 people), Financial managers (442,395 people), and Secondary school teachers (365,761 people).

The most specialized majors at Southwest Minnesota State University are Education (229 degrees awarded), Agriculture (24 degrees), Parks, Recreation, & Leisure (43 degrees), Business (211 degrees), and History (8 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Southwest Minnesota State University are Surgeons, Dentists, Securities, commodities, & financial services sales agents, Physicians, and Geoscientists and hydrologists, except geographers

The most specialized majors at Southwest Minnesota State University are Education (229 degrees awarded), Agriculture (24 degrees), Parks, Recreation, & Leisure (43 degrees), Business (211 degrees), and History (8 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Southwest Minnesota State University are Elementary & secondary schools (3,210,304 people), Colleges, universities & professional schools, including junior colleges (590,230 people), Banking & related activities (520,264 people), Computer Systems Design (451,564 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (441,848 people).

The most specialized majors at Southwest Minnesota State University are Education (229 degrees awarded), Agriculture (24 degrees), Parks, Recreation, & Leisure (43 degrees), Business (211 degrees), and History (8 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Southwest Minnesota State University.

In 2017, the most common bachelors degree concentration at Southwest Minnesota State University was General Business Administration & Management with 53 degrees awarded.

This visualization illustrates the percentage of degree recipients from bachelors degree programs at Southwest Minnesota State University according to their major.

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 233

  2. 475

In 2017, 233 degrees were awarded to men at Southwest Minnesota State University, which is 0.491 times less than the number of degrees awarded to females (475).

This chart displays the gender disparity between the top 5 majors at Southwest Minnesota State University by degrees awarded.

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Most Common Male Majors

In 2017, 53 degrees were awarded to men at Southwest Minnesota State University in General Business Administration & Management, which is 0.639 times less than the 83 female recipients with that same degree.

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Most Common Female Majors

In 2017, 83 degrees were awarded to women at Southwest Minnesota State University in General Business Administration & Management, which is 1.57 times more than the 53 male recipients with that same degree.

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Time to Complete

22%

100% Completion Time

39%

150% Completion Time

In 2017, 22% of students graduating from Southwest Minnesota State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 39% completed their degrees within 150% of the normal time, and 43% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (75%)

The student demographic with the highest graduation rate at Southwest Minnesota State University is Male and Two or More Races (75% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (68.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    560 degrees awarded

  2. Black or African American

    23 degrees awarded

  3. Hispanic or Latino

    15 degrees awarded

The most common race/ethnicity at Southwest Minnesota State University is white (560 degrees awarded). There were 24.3 times more white recipients than the next closest race/ethnicity group, black or african american (23 degrees).

0.847% of degree recipients (6 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    394 degrees awarded

  2. White Male

    166 degrees awarded

  3. Black or African American Male

    15 degrees awarded

The most common race/ethnicity and gender grouping at Southwest Minnesota State University is white female (394 degrees awarded). There were 2.37 times more white female recipients than the next closest race/ethnicity group, white male (166 degrees).

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Operations

Southwest Minnesota State University has an endowment valued at nearly $2.75M, as of the end of the 2017 fiscal year. The return on its endowment was of $208k (7.57%), compared to the 6.94% average return ($2.3M on $33.1M) across all Masters Colleges and Universities.

In 2017, Southwest Minnesota State University had a total salary expenditure of $56.2M. Southwest Minnesota State University employs 53 Professors, 26 Assistant professors, and 25 Associate professors. Most academics at Southwest Minnesota State University are Male Professors (29), Female Professors(24), and Female Associate professors (14).

The most common positions for non-instructional staff at Southwest Minnesota State University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 38 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 35 employees, and Service with 28 employees.

Finances

Endowment

$2.75M

2017 Endowment

5.92%

decline from 2016

Southwest Minnesota State University has an endowment valued at about $2.75M, as of the end of the 2017 fiscal year. The endowment of Southwest Minnesota State University declined 5.92% from the previous year. The value of their endowment was $30.4M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Southwest Minnesota State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2017, Southwest Minnesota State University received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$24.1M

2017 Salaries

5.65%

growth from 2016

In 2017, Southwest Minnesota State University paid a median of $24.1M in salaries, which represents 42.8% of their overall expenditure ($56.2M) and a 5.65% growth from the previous year. This is compared to a 5.04% decline from 2015 and a 3.54% decline from 2014.

The median for similar Masters Colleges and Universities is 31.4M (40.5% of overall expenditures).

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Instructional Salaries

$8.7M

Instructional Salaries

105

Number of Employees

In 2017, Southwest Minnesota State University paid a total of $8.7M to 105 employees working as instructors, which represents 36.1% of all salaries paid.

This is compared to a median of $8.02M (34.2%) for similar Masters Colleges & Universities: Medium Programs.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

53 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

38 Employees

In 2017, the most common positions for instructional staff at Southwest Minnesota State University were Professor with 53 employees; Assistant professor with 26 employees; and Assistant professor with 25 employees.

In 2017, the most common positions for non-instructional staff at Southwest Minnesota State University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 38 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 35 employees; and Service with 28 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Professor

  3. Female Associate professor

In 2017, the most common demographic for instructional staff at Southwest Minnesota State University was Male Professor with 29 employees, Female Professor with 24 employees, and Female Associate professor with 14 employees.

This chart shows the gender split between each academic rank present at Southwest Minnesota State University.

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