Minneapolis Community and Technical College

www.minneapolis.edu

2024 Undergraduate Tuition

$5,264

2024 Average Net Price

$13,623

After Financial Aid

2023 Default Rate

0.989%

on Student Loans

2024 Enrolled Students

6,733

33.6% Full-Time

2024 Graduation Rate

19.6%

83 Graduates

Costs

In 2024, the median undergraduate tuition at Minneapolis Community and Technical College is $5,264, which is $2,896 less than the national average for Associates Colleges ($8,160).

After taking grants and loans into account, the average net price for students is $13,623.

In 2024, 62% of undergraduate students attending Minneapolis Community and Technical College received financial aid through grants. Comparatively, 20% of undergraduate students received financial aid through loans.

Tuition Costs

$5,264

2024 Undergraduate Tuition

In 2024, the cost of tuition at Minneapolis Community and Technical College was $5,264. The cost of tuition at Minneapolis Community and Technical College is $−2,896 less than than the overall (public and private) national average for Associates Colleges ($8,160).

This chart compares the tuition costs of Minneapolis Community and Technical College (in red) with those of other similar universities.

Average Net Price

$13,623

2024 Value

3.87%

1 Year Growth

In 2024 Minneapolis Community and Technical College had an average net price — the price paid after factoring in grants and loans — of $13,623. Between 2023 and 2024, the average net price of Minneapolis Community and Technical College grew by 3.87%.

This chart compares the average net price of Minneapolis Community and Technical College (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

$13,345

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Minneapolis Community and Technical College was of $13,345 in 2024. The cost of room and board increased by 9.34% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,000. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Minneapolis Community and Technical College (in red) with that of similar universities.

Financial Aid by Income Level

62%

Undergraduates Receiving Financial Aid through Grants

20%

Undergraduates Receiving Financial Aid through Loans

62% of undergraduate students at Minneapolis Community and Technical College received financial aid through grants or loans in 2024. This represents a decline of 4.62% with respect to 2023, when 65% of undergraduate students received financial aid.

This chart compares the average award discount at Minneapolis Community and Technical College (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.

0.989%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at Minneapolis Community and Technical College was 0.989%, which represents 11 out of the 1112 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.

Enrollment

Minneapolis Community and Technical College had a total enrollment of 6,733 students in 2024. The full-time enrollment at Minneapolis Community and Technical College is 2,261 students and the part-time enrollment is 4,472. This means that 33.6% of students enrolled at Minneapolis Community and Technical College are enrolled full-time.

The enrolled student population at Minneapolis Community and Technical College, both undergraduate and graduate, is 36.4% Black or African American, 29.3% White, 13.1% Hispanic or Latino, 6.04% Two or More Races, 5.45% Asian, 1.16% American Indian or Alaska Native, and 0.0446% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Minneapolis Community and Technical College in full-time Undergraduate programs are most commonly Black or African American Female (19%), followed by White Male (17.8%) and Black or African American Male (16.1%).

Full-Time vs Part-Time Enrollment

33.6%

Full-Time Enrollment

The total enrollment at Minneapolis Community and Technical College in 2024, both undergraduate and graduate, is 6,733 students. The full-time enrollment at Minneapolis Community and Technical College is 2,261 and the part-time enrollment is 4,472. This means that 33.6% of students enrolled at Minneapolis Community and Technical College are enrolled full-time compared with 31.9% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at Minneapolis Community and Technical College (in red) compares to similar universities.

Retention Rate over Time

56%

2024 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 Minneapolis Community and Technical College was 56%. Compared with the full-time retention rate at similar Associates Colleges (64%), Minneapolis Community and Technical College had a retention rate lower than its peers.

This chart shows the retention rate over time at Minneapolis Community and Technical College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

Black or African American
2,450 enrolled students
White
1,975 enrolled students
Hispanic or Latino
880 enrolled students

The enrolled student population at Minneapolis Community and Technical College is 36.4% Black or African American, 29.3% White, 13.1% Hispanic or Latino, 6.04% Two or More Races, 5.45% Asian, 1.16% American Indian or Alaska Native, and 0.0446% 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 Associates Colleges is 41.3% White, 28.4% 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, 433 students (6.43%) did not report their race.

Operations

Minneapolis Community and Technical College has an endowment valued at nearly $4.62M, as of the end of the 2024 fiscal year. The return on its endowment was of 1.23M (26.6%) compared to the 12.8% average return (818k on 6.41M) across all Associates Colleges.

In 2024, Minneapolis Community and Technical College had a total salary expenditure of 71.7M. Minneapolis Community and Technical College employs 94 Instructors. Most academics at Minneapolis Community and Technical College are Female Instructor (58), and Male Instructor (36).

The most common positions for non-instructional staff at Minneapolis Community and Technical College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 90 employees, Office and Administrative Support, with 33 employees, and Business and Financial Operations with 22 employees.

Endowment

$4.62M

2024 Endowment

10.7%

growth from 2023

Minneapolis Community and Technical College has an endowment valued at about $4.62M, as of the end of the 2024 fiscal year. The endowment of Minneapolis Community and Technical College grew 10.7% from the previous year. The value of their endowment was $1.79M lower than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Minneapolis Community and Technical College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: Mixed Transfer/Career & Technical-Mixed Traditional/Nontraditional Carnegie Classification grouping.

Salary Expenditure

$32.9M

2024 Salaries

3.56%

growth from 2023

In 2024, Minneapolis Community and Technical College paid a median of $32.9M in salaries, which represents 46% of their overall expenditure ($71.7M) and a 3.56% growth from the previous year. This is compared to a 4.35% growth between 2022 and 2023, and a 4.36% growth between 2021 and 2022.

Instructional Salaries

$8.08M

Instructional Salaries

Number of Employees

In 2024, Minneapolis Community and Technical College paid a total of $8.08M to 94 employees working as instructors, which represents 24.5% of all salaries paid.

This is compared to a median of $720k (4.04%) for similar Associates Colleges.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Minneapolis Community and Technical College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 90 employees, Office and Administrative Support with 33 employees, and Business and Financial Operations with 22 employees.

Minneapolis Community and Technical College

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Minneapolis Community and Technical College

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Salary Expenditure

Instructional Salaries

Occupations by Share

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