Cost Details
- In-State Tuition
- $9,490
- Out-of-State Tuition
- $18,860
- Average Net Price
- $18,609
- Students Receiving Financial Aid
- 20.5%
- Room & Board (On Campus)
- $11,224
- Room & Board (Off Campus)
- $11,224
- Books & Supplies
- $1,042
- Total Cost of Attendance
- $21,756
- Median Debt at Graduation
- $21,106
- Estimated Monthly Loan Payment
- $224/mo
- Loan Repayment Rate
- 69.9%
- Students Taking Federal Loans
- 42.5%
- Pell Grant Recipients
- 20.5%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $11,920 |
| $30,001 – $48,000 | $12,568 |
| $48,001 – $75,000 | $15,200 |
| $75,001 – $110,000 | $19,870 |
| $110,001+ | $21,860 |
Cost Estimator
Cost Overview
Families actually pay between $11,920 and $21,860 per year depending on income, well below the $21,756 sticker price. Low-income students get the biggest discount at Minnesota State Mankato. Middle-class families earning $48,000-$75,000 pay around $15,200 annually. Over four years, total costs range from $47,680 to $87,440.
The school keeps debt manageable with typical graduates owing $21,106. Monthly loan payments average $224, reasonable against the $56,922 median salary graduates earn after ten years. Nearly 70% of borrowers stay current on payments. Only 42% of students need federal loans, suggesting many families can afford the costs upfront.
Minnesota residents get the best financial deal here. They make up 83% of students and pay in-state rates starting at $9,490 in tuition. Less than 10% of students receive institutional grants, but when awarded, they average $4,849.
The school keeps debt manageable with typical graduates owing $21,106. Monthly loan payments average $224, reasonable against the $56,922 median salary graduates earn after ten years. Nearly 70% of borrowers stay current on payments. Only 42% of students need federal loans, suggesting many families can afford the costs upfront.
Minnesota residents get the best financial deal here. They make up 83% of students and pay in-state rates starting at $9,490 in tuition. Less than 10% of students receive institutional grants, but when awarded, they average $4,849.
Official Net Price Calculator
Get a personalized cost estimate from Minnesota State University-Mankato:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.