Cost Details
- In-State Tuition
- $10,304
- Out-of-State Tuition
- $10,304
- Average Net Price
- $14,760
- Students Receiving Financial Aid
- 10.8%
- Room & Board (On Campus)
- $10,666
- Room & Board (Off Campus)
- $10,666
- Books & Supplies
- $1,200
- Total Cost of Attendance
- $22,170
- Median Debt at Graduation
- $20,500
- Estimated Monthly Loan Payment
- $217/mo
- Loan Repayment Rate
- 65.9%
- Students Taking Federal Loans
- 15.3%
- Pell Grant Recipients
- 10.8%
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 | $9,440 |
| $30,001 – $48,000 | $11,263 |
| $48,001 – $75,000 | $12,810 |
| $75,001 – $110,000 | $16,813 |
| $110,001+ | $19,513 |
Cost Estimator
Cost Overview
Most families at Southwest Minnesota State pay far less than the $10,304 sticker price. Students from families earning under $30,000 pay just $9,440 per year after aid, while those from families making over $110,000 pay $19,513. Over four years, that means total costs range from about $38,000 to $78,000. The school keeps costs manageable because it's a smaller public university in rural Minnesota, not a flagship campus competing for prestige.
Graduates leave with a median debt of $20,500, which translates to monthly payments of $217. With median earnings of $51,342 ten years after graduation, that payment represents about 5% of gross income, which is very reasonable. The best deal goes to low-income students, who get the same degree for less than $10,000 per year. Women make up 66% of students, and this is the kind of place where you can get a solid education without the financial stress of bigger universities.
Graduates leave with a median debt of $20,500, which translates to monthly payments of $217. With median earnings of $51,342 ten years after graduation, that payment represents about 5% of gross income, which is very reasonable. The best deal goes to low-income students, who get the same degree for less than $10,000 per year. Women make up 66% of students, and this is the kind of place where you can get a solid education without the financial stress of bigger universities.
Official Net Price Calculator
Get a personalized cost estimate from Southwest Minnesota State University:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.