Mayo Clinic College of Medicine and Science

www.mayo.edu/mayo-clinic-school-of-medicine

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2022 Undergraduate Tuition
$10,342
11.9% growth from 2021
2022 Average Net Price
$11,830
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Acceptance Rate
63.6%
55 Applicants
2022 Enrolled Students
1,237
95.7% Full-Time

About

Mayo Clinic College of Medicine and Science is a higher education institution located in Olmsted County, MN. In 2022, the most popular Professional Doctorate concentrations at Mayo Clinic College of Medicine and Science were Medicine (97 degrees awarded).

In 2022, 501 degrees were awarded across all undergraduate and graduate programs at Mayo Clinic College of Medicine and Science. 65.1% of these degrees were awarded to women, and 34.9% awarded men. The most common race/ethnicity group of degree recipients was white (302 degrees), 5.7 times more than then the next closest race/ethnicity group, asian (53 degrees).

The median undergraduate tuition at Mayo Clinic College of Medicine and Science is $10,342, which is $−4,599 less than the national average for Special Focus Institutions ($14,942).

In 2020 the default rate for borrower's at Mayo Clinic College of Medicine and Science was 0%, corresponding to 0 out of the 139 total borrowers.

Special Focus Four-Year: Medical Schools & CentersSpecial Focus Institutions

Costs

In 2022, the median undergraduate tuition at Mayo Clinic College of Medicine and Science is $10,342, which is $4,600 less than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $11,830.

In 2022, 66% of undergraduate students attending Mayo Clinic College of Medicine and Science received financial aid through grants. Comparatively, 16% of undergraduate students received financial aid through loans.

Tuition Costs

$10,342
2022 Undergraduate Tuition

In 2022, the cost of tuition at Mayo Clinic College of Medicine and Science was $10,342. The cost of tuition at Mayo Clinic College of Medicine and Science is $−4,600 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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Average Net Price

$11,830
2022 Value
5.74%
1 Year Growth

In 2022 Mayo Clinic College of Medicine and Science had an average net price — the price paid after factoring in grants and loans — of $11,830. Between 2021 and 2022, the average net price of Mayo Clinic College of Medicine and Science grew by 5.74%.

This chart compares the average net price of Mayo Clinic College of Medicine and Science (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

$7,392
Room and Board
$200
Books and Supplies

The average yearly cost of room and board at Mayo Clinic College of Medicine and Science was of $7,392 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $200. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

66%
Undergraduates Receiving Financial Aid through Grants
16%
Undergraduates Receiving Financial Aid through Loans

66% of undergraduate students at Mayo Clinic College of Medicine and Science received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Mayo Clinic College of Medicine and Science (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.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Mayo Clinic College of Medicine and Science was 0%, which represents 0 out of the 139 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

Mayo Clinic College of Medicine and Science received 55 undergraduate applications in 2022, which represents a 3.77% annual growth. Out of those 55 applicants, 35 students were accepted for enrollment, representing a 63.6% acceptance rate.

There were 1,237 students enrolled at Mayo Clinic College of Medicine and Science in 2022.

Mayo Clinic College of Medicine and Science has an overall enrollment yield of 85.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

63.6%
Acceptance Rate in 2022
35
Accepted Out of 55

In 2022, the undergraduate acceptance rate of Mayo Clinic College of Medicine and Science was 63.6% (35 admissions from 55 applications). This is higher than the acceptance rate of 2021, which was 49.1%. Between 2021 and 2022, the number of applicants grew by 3.77%, while admissions grew by 34.6%.

This chart compares the acceptance rate of Mayo Clinic College of Medicine and Science (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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Enrollment

Mayo Clinic College of Medicine and Science had a total enrollment of 1,237 students in 2022. The full-time enrollment at Mayo Clinic College of Medicine and Science is 1,184 students and the part-time enrollment is 53. This means that 95.7% of students enrolled at Mayo Clinic College of Medicine and Science are enrolled full-time.

The enrolled student population at Mayo Clinic College of Medicine and Science, both undergraduate and graduate, is 52.5% White, 15.6% Asian, 8.25% Hispanic or Latino, 5.66% Black or African American, 0.728% Two or More Races, 0.647% American Indian or Alaska Native, and 0.404% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Mayo Clinic College of Medicine and Science in full-time Undergraduate programs are most commonly White Female (56.9%), followed by White Male (16.7%) and Asian Female (5.56%). Students enrolled in full-time Graduate programs are most commonly White Female (27.6%), followed by White Male (21.8%) and Asian Female (9.61%).

Full-Time vs Part-Time Enrollment

95.7%
Full-Time Enrollment

The total enrollment at Mayo Clinic College of Medicine and Science in 2022, both undergraduate and graduate, is 1,237 students. The full-time enrollment at Mayo Clinic College of Medicine and Science is 1,184 and the part-time enrollment is 53. This means that 95.7% of students enrolled at Mayo Clinic College of Medicine and Science are enrolled full-time compared with 71.2% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Mayo Clinic College of Medicine and Science (in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    650 enrolled students
  2. Asian
    193 enrolled students
  3. Hispanic or Latino
    102 enrolled students

The enrolled student population at Mayo Clinic College of Medicine and Science is 52.5% White, 15.6% Asian, 8.25% Hispanic or Latino, 5.66% Black or African American, 0.728% Two or More Races, 0.647% American Indian or Alaska Native, and 0.404% 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 Special Focus Institutions is 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 42 students (3.4%) did not report their race.

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Graduates

In 2022, 151 more women than men received degrees from Mayo Clinic College of Medicine and Science. The most common race/ethnicity group of degree recipients at Mayo Clinic College of Medicine and Science is white (302 degrees awarded). There were 5.7 times more white recipients than the next closest race/ethnicity group, asian (53 degrees).

The most common Professional Doctorate concentration at Mayo Clinic College of Medicine and Science is Medicine (97 degrees awarded).

In 2022,  the most specialized majors across all degree types at Mayo Clinic College of Medicine and Science, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (464 degrees awarded), Biology (32 degrees), and Engineering (5 degrees).

Common Jobs by Major

Registered nurses
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mayo Clinic College of Medicine and Science are Registered nurses (1,476,081 people), Physicians (524,212 people), Software developers (455,224 people), Other managers (441,309 people), and Miscellaneous engineers, including nuclear engineers (349,915 people).

The most specialized majors at Mayo Clinic College of Medicine and Science in 2022 are Health (464 degrees awarded), Biology (32 degrees), and Engineering (5 degrees) (as of 2022).

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Highest Paying Jobs by Major

Podiatrists
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Mayo Clinic College of Medicine and Science are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Chief executives & legislators

The most specialized majors at Mayo Clinic College of Medicine and Science are Health (464 degrees awarded), Biology (32 degrees), and Engineering (5 degrees) (as of 2022).

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Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Mayo Clinic College of Medicine and Science are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,984,767 people), Colleges, universities & professional schools, including junior colleges (530,498 people), Computer Systems Design (508,280 people), Architectural, engineering & related services (449,436 people), and Elementary & secondary schools (427,949 people).

The most specialized majors at Mayo Clinic College of Medicine and Science are Health (464 degrees awarded), Biology (32 degrees), and Engineering (5 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Mayo Clinic College of Medicine and Science.
Most Common (2022)
  1. Radiographer
    41 degrees awarded
  2. Diagnostic Medical Sonography & Ultrasound Technician
    28 degrees awarded
  3. Respiratory Care Therapist
    14 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Mayo Clinic College of Medicine and Science was Radiographer with 41 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Mayo Clinic College of Medicine and Science according to their major.

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Sex Breakdown for Common Majors

175
Degrees Awarded to Men
in 2022
326
Degrees Awarded to Women
in 2022

In 2022, 175 degrees were awarded to men at Mayo Clinic College of Medicine and Science, which is 0.537 times less than the number of degrees awarded to females (326).

This chart displays the sex disparity between the top 5 majors at Mayo Clinic College of Medicine and Science by degrees awarded.

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Most Common Male Majors

In 2022, 47 degrees were awarded to men at Mayo Clinic College of Medicine and Science in Medicine, which is 0.94 times less than the 50 female recipients with that same degree.

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Most Common Female Majors

In 2022, 56 degrees were awarded to men at Mayo Clinic College of Medicine and Science in Phlebotamy Technician, which is 5.6 times more than the 10 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    302 degrees awarded
  2. Asian
    53 degrees awarded
  3. Black or African American
    48 degrees awarded

The most common race/ethnicity at Mayo Clinic College of Medicine and Science is white (302 degrees awarded). There were 5.7 times more white recipients than the next closest race/ethnicity group, asian (53 degrees).

2.99% of degree recipients (15 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    198 degrees awarded
  2. White Male
    104 degrees awarded
  3. Asian Female
    38 degrees awarded

The most common race/ethnicity and sex grouping at Mayo Clinic College of Medicine and Science is white female (198 degrees awarded). There were 1.9 times more white female recipients than the next closest race/ethnicity group, white male (104 degrees).

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Operations

The most common positions for non-instructional staff at Mayo Clinic College of Medicine and Science are: Office and Administrative Support, with 38 employees, Management, with 27 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 20 employees.

Salary Expenditure

$50M
2022 Salaries
14.4%
growth from 2021

In 2022, Mayo Clinic College of Medicine and Science paid a median of $50M in salaries, a 14.4% growth from the previous year. This is compared to a 5.12% growth between 2020 and 2021, and a 10.2% growth between 2019 and 2020.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Occupations by Share

Office and Administrative Support
Most Common Non-Instructional Employee
38 Employees

In 2022, the most common positions for non-instructional staff at Mayo Clinic College of Medicine and Science were Office and Administrative Support with 38 employees, Management with 27 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 20 employees.

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