Michigan State University

https://www.msu.edu

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2022 Undergraduate Tuition

$16,437

2.95% growth from 2021

2022 Average Net Price

$22,803

After Financial Aid

2020 Default Rate

0.0126%

on Student Loans

2022 Acceptance Rate

88%

53,341 Applicants

2022 Enrolled Students

50,023

88.5% Full-Time

2022 Graduation Rate

81.9%

6,430 Graduates

About

Michigan State University is a higher education institution located in Ingham County, MI. In 2022, the most popular Bachelors Degree concentrations at Michigan State University were General Biological Sciences (521 degrees awarded), General Psychology (476 degrees), and General Finance (361 degrees).

In 2022, 13,090 degrees were awarded across all undergraduate and graduate programs at Michigan State University. 54.3% of these degrees were awarded to women, and 45.7% awarded men. The most common race/ethnicity group of degree recipients was white (9,053 degrees), 10.8 times more than then the next closest race/ethnicity group, black or african american (835 degrees).

The median undergraduate tuition at Michigan State University is $16,437, which is $−13,713 less than the national average for Doctoral Universities ($30,150).

In 2020 the default rate for borrower's at Michigan State University was 0.0126%, corresponding to 1 out of the 7965 total borrowers.

Photo by John Martinez Pavliga

Doctoral Universities: Highest Research Activity Doctoral Universities

Costs

In 2022, the median undergraduate tuition at Michigan State University is $16,437, which is $13,713 less than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $22,803.

In 2022, 69% of undergraduate students attending Michigan State University received financial aid through grants. Comparatively, 34% of undergraduate students received financial aid through loans.

Tuition Costs

$16,437

2022 Undergraduate Tuition

In 2022, the cost of tuition at Michigan State University was $16,437. The cost of tuition at Michigan State University is $−13,713 less than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

Average Net Price

$22,803

2022 Value

161%

1 Year Growth

In 2022 Michigan State University had an average net price — the price paid after factoring in grants and loans — of $22,803. Between 2021 and 2022, the average net price of Michigan State University grew by 161%.

This chart compares the average net price of Michigan 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.

Other Student Expenses

$10,676

Room and Board

$1,168

Books and Supplies

The average yearly cost of room and board at Michigan State University was of $10,676 in 2022. The cost of room and board increased by 1.46% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,168. The cost of books and supplies increased by 1.21% during the same period.

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

Financial Aid by Income Level

69%

Undergraduates Receiving Financial Aid through Grants

34%

Undergraduates Receiving Financial Aid through Loans

69% of undergraduate students at Michigan State University received financial aid through grants or loans in 2022. This represents a growth of 16.9% with respect to 2021, when 59% of undergraduate students received financial aid.

This chart compares the average award discount at Michigan 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.

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.

0.0126%

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Michigan State University was 0.0126%, which represents 1 out of the 7965 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.

Admissions

Michigan State University received 53,341 undergraduate applications in 2022, which represents a 5.35% annual growth. Out of those 53,341 applicants, 46,914 students were accepted for enrollment, representing a 88% acceptance rate.

There were 50,023 students enrolled at Michigan State University in 2022. 39% of first-time enrollees submitted SAT scores with their applications.

Michigan State University has an overall enrollment yield of 21%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

88%

Acceptance Rate in 2022

46,914

Accepted Out of 53,341

In 2022, the undergraduate acceptance rate of Michigan State University was 88% (46,914 admissions from 53,341 applications). This is higher than the acceptance rate of 2021, which was 83.3%. Between 2021 and 2022, the number of applicants grew by 5.35%, while admissions grew by 11.3%.

This chart compares the acceptance rate of Michigan State University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

39%

Submission Percentage (2022)

3,834

Scores Submitted (2022)

39% of enrolled first-time students at Michigan State University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Michigan State University had a total enrollment of 50,023 students in 2022. The full-time enrollment at Michigan State University is 44,292 students and the part-time enrollment is 5,731. This means that 88.5% of students enrolled at Michigan State University are enrolled full-time.

The enrolled student population at Michigan State University, both undergraduate and graduate, is 64.9% White, 7.56% Asian, 6.45% Black or African American, 6.12% Hispanic or Latino, 3.87% Two or More Races, 0.26% American Indian or Alaska Native, and 0.06% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Michigan State University in full-time Undergraduate programs are most commonly White Female (35.2%), followed by White Male (31.8%) and Black or African American Female (3.94%). Students enrolled in full-time Graduate programs are most commonly White Female (31.5%), followed by White Male (22.5%) and Asian Female (4.08%).

Full-Time vs Part-Time Enrollment

88.5%

Full-Time Enrollment

The total enrollment at Michigan State University in 2022, both undergraduate and graduate, is 50,023 students. The full-time enrollment at Michigan State University is 44,292 and the part-time enrollment is 5,731. This means that 88.5% of students enrolled at Michigan State University are enrolled full-time compared with 77.4% at similar Doctoral Universities.

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

Retention Rate over Time

89%

2022 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 Michigan State University was 89%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Michigan State University had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
32,451 enrolled students
Asian
3,781 enrolled students
Black or African American
3,228 enrolled students

The enrolled student population at Michigan State University is 64.9% White, 7.56% Asian, 6.45% Black or African American, 6.12% Hispanic or Latino, 3.87% Two or More Races, 0.26% American Indian or Alaska Native, and 0.06% 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 Doctoral Universities is 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 1,036 students (2.07%) did not report their race.

Graduates

In 2022, 1,136 more women than men received degrees from Michigan State University. The most common race/ethnicity group of degree recipients at Michigan State University is white (9,053 degrees awarded). There were 10.8 times more white recipients than the next closest race/ethnicity group, black or african american (835 degrees).

The most common Bachelor's Degree concentration at Michigan State University is General Biological Sciences (521 degrees awarded), followed by General Psychology (476 degrees) and General Finance (361 degrees).

In 2022, the most specialized majors across all degree types at Michigan State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Biology (1,472 degrees awarded), Legal (386 degrees), and Engineering (972 degrees).

Common Jobs by Major

Physicians

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Michigan State University are Physicians (489,470 people), Software developers (488,546 people), Other managers (460,165 people), Miscellaneous engineers, including nuclear engineers (371,030 people), and Civil engineers (287,511 people).

The most specialized majors at Michigan State University in 2022 are Biology (1,472 degrees awarded), Legal (386 degrees), Engineering (972 degrees), Parks, Recreation, & Leisure (355 degrees), and Physical Sciences (217 degrees) (as of 2022).

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 Michigan State University are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Chief executives & legislators

The most specialized majors at Michigan State University are Biology (1,472 degrees awarded), Legal (386 degrees), Engineering (972 degrees), Parks, Recreation, & Leisure (355 degrees), and Physical Sciences (217 degrees) (as of 2022).

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 Michigan State University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (624,971 people), Colleges, universities & professional schools, including junior colleges (567,019 people), Computer Systems Design (543,128 people), Architectural, engineering & related services (482,610 people), and Elementary & secondary schools (342,429 people).

Majors Awarded

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

Most Common (2022)

Advertising
542 degrees awarded
General Biological Sciences
521 degrees awarded
General Psychology
476 degrees awarded

In 2022, the most common bachelors degree concentration at Michigan State University was Advertising with 542 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Michigan State University according to their major.

Sex Breakdown for Common Majors

5,977

Degrees Awarded to Men

in 2022

7,113

Degrees Awarded to Women

in 2022

In 2022, 5,977 degrees were awarded to men at Michigan State University, which is 0.84 times less than the number of degrees awarded to females (7,113).

This chart displays the sex disparity between the top 5 majors at Michigan State University by degrees awarded.

Most Common Male Majors

In 2022, 285 degrees were awarded to men at Michigan State University in Advertising, which is 1.08 times more than the 265 female recipients with that same degree.

Most Common Female Majors

In 2022, 401 degrees were awarded to men at Michigan State University in General Psychology, which is 3.93 times more than the 102 male recipients with that same degree.

Time to Complete

58%

100% Completion Time

82%

150% Completion Time

In 2022, 58% of students graduating from Michigan State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 82% completed their degrees within 150% of the normal time, and 83% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (87.2%)

The student demographic with the highest graduation rate in 2022 at Michigan State University is Female and White (87.2% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

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, 0.513% of graduates (33 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
9,053 degrees awarded
Black or African American
835 degrees awarded
Asian
805 degrees awarded

The most common race/ethnicity at Michigan State University is white (9,053 degrees awarded). There were 10.8 times more white recipients than the next closest race/ethnicity group, black or african american (835 degrees).

1.07% of degree recipients (140 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
4,982 degrees awarded
White Male
4,071 degrees awarded
Black or African American Female
531 degrees awarded

The most common race/ethnicity and sex grouping at Michigan State University is white female (4,982 degrees awarded). There were 1.22 times more white female recipients than the next closest race/ethnicity group, white male (4,071 degrees).

Operations

Michigan State University has an endowment valued at nearly $4.38B, as of the end of the 2022 fiscal year. The return on its endowment was of −164M (−3.74%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Michigan State University had a total salary expenditure of 2.87B. Michigan State University employs 761 Professors, 702 Assistant professors and 619 Associate professors. Most academics at Michigan State University are Male Professor (547), Female Assistant professor (364), and Male Assistant professor (338).

The most common positions for non-instructional staff at Michigan State University are: Management, with 1,454 employees, Office and Administrative Support, with 1,194 employees, and Computer, Engineering, and Science with 1,127 employees.

Endowment

$4.38B

2022 Endowment

1.23%

decline from 2021

Michigan State University has an endowment valued at about $4.38B, as of the end of the 2022 fiscal year. The endowment of Michigan State University declined 1.23% from the previous year. The value of their endowment was $4B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Michigan 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 Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$416M - Federal
$16.8M - State
$9.49M - Local

As of 2022, Michigan State University received $416M in grants and contracts from the federal government, $16.8M from state grants and contracts, and $9.49M from local grants and contracts.

Salary Expenditure

$1.32B

2022 Salaries

8.93%

growth from 2021

In 2022, Michigan State University paid a median of $1.32B in salaries, which represents 46% of their overall expenditure ($2.87B) and a 8.93% growth from the previous year. This is compared to a 5.18% decline between 2020 and 2021, and a 3.83% growth between 2019 and 2020.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$304M

Instructional Salaries

2,450

Number of Employees

In 2022, Michigan State University paid a total of $304M to 2,450 employees working as instructors, which represents 23% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

761 Employees

Management

Most Common Non-Instructional Employee

1,454 Employees

In 2022, the most common positions for instructional staff at Michigan State University were Professor with 761 employees, Assistant professor with 702 employees, and Associate professor with 619 employees.

In 2022, the most common positions for non-instructional staff at Michigan State University were Management with 1,454 employees, Office and Administrative Support with 1,194 employees, and Computer, Engineering, and Science with 1,127 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Female Assistant professor
Male Assistant professor

In 2022, the most common demographic for instructional staff at Michigan State University was Male Professor with 547 employees, Female Assistant professor with 364 employees, and Male Assistant professor with 338 employees.

This chart shows the sex split between each academic rank present at Michigan State University.

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