Minnesota State University-Mankato

https://mnsu.edu

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2024 Undergraduate Tuition

$8,355

0.012% growth from 2023

2024 Average Net Price

$18,861

After Financial Aid

2024 Acceptance Rate

88.4%

9,098 Applicants

2024 Enrolled Students

15,271

70.8% Full-Time

2024 Graduation Rate

53.5%

1,265 Graduates

About

Minnesota State University-Mankato is a higher education institution located in Blue Earth County, MN. In 2024, the most popular Bachelors Degree concentrations at Minnesota State University-Mankato were Registered Nursing (383 degrees awarded), General Business Administration & Management (179 degrees), and General Psychology (139 degrees).

In 2024, 3,751 degrees were awarded across all undergraduate and graduate programs at Minnesota State University-Mankato. 60.5% of these degrees were awarded to women, and 39.5% awarded men. The most common race/ethnicity group of degree recipients was white (2,762 degrees), 12.8 times more than then the next closest race/ethnicity group, black or african american (216 degrees).

The median undergraduate tuition at Minnesota State University-Mankato is $8,355, which is $−15,645 less than the national average for Masters Colleges and Universities ($24,000).

Photo by bendas2

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

In 2024, the median undergraduate tuition at Minnesota State University-Mankato is $8,355, which is $15,645 less than the national average for Masters Colleges and Universities ($24,000).

After taking grants and loans into account, the average net price for students is $18,861.

In 2024, 57% of undergraduate students attending Minnesota State University-Mankato received financial aid through grants. Comparatively, 40% of undergraduate students received financial aid through loans.

Tuition Costs

$8,355

2024 Undergraduate Tuition

In 2024, the cost of tuition at Minnesota State University-Mankato was $8,355. The cost of tuition at Minnesota State University-Mankato is $−15,645 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

Average Net Price

$18,861

2024 Value

9.49%

1 Year Growth

In 2024 Minnesota State University-Mankato had an average net price — the price paid after factoring in grants and loans — of $18,861. Between 2023 and 2024, the average net price of Minnesota State University-Mankato grew by 9.49%.

This chart compares the average net price of Minnesota State University-Mankato (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

$11,224

Room and Board

$1,042

Books and Supplies

The average yearly cost of room and board at Minnesota State University-Mankato was of $11,224 in 2024. The cost of room and board increased by 22.2% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,042. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

57%

Undergraduates Receiving Financial Aid through Grants

40%

Undergraduates Receiving Financial Aid through Loans

57% of undergraduate students at Minnesota State University-Mankato received financial aid through grants or loans in 2024. This represents a growth of 5.56% with respect to 2023, when 54% of undergraduate students received financial aid.

This chart compares the average award discount at Minnesota State University-Mankato (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.

Admissions

Minnesota State University-Mankato received 9,098 undergraduate applications in 2024, which represents a 1.38% annual growth. Out of those 9,098 applicants, 8,046 students were accepted for enrollment, representing a 88.4% acceptance rate.

There were 15,271 students enrolled at Minnesota State University-Mankato in 2024. 3% of first-time enrollees submitted SAT scores with their applications.

Minnesota State University-Mankato has an overall enrollment yield of 29.4%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

88.4%

Acceptance Rate in 2024

8,046

Accepted Out of 9,098

In 2024, the undergraduate acceptance rate of Minnesota State University-Mankato was 88.4% (8,046 admissions from 9,098 applications). This is lower than the acceptance rate of 2023, which was 91.3%. Between 2023 and 2024, the number of applicants grew by 1.38%, while admissions declined by 1.83%.

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

SAT Scores

Submission Percentage (2016)

Scores Submitted (2016)

3% of enrolled first-time students at Minnesota State University-Mankato in 2016 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

Minnesota State University-Mankato had a total enrollment of 15,271 students in 2024. The full-time enrollment at Minnesota State University-Mankato is 10,812 students and the part-time enrollment is 4,459. This means that 70.8% of students enrolled at Minnesota State University-Mankato are enrolled full-time.

The enrolled student population at Minnesota State University-Mankato, both undergraduate and graduate, is 70.8% White, 6.06% Hispanic or Latino, 5.89% Black or African American, 3.54% Two or More Races, 3.14% Asian, 0.334% American Indian or Alaska Native, and 0.0327% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Minnesota State University-Mankato in full-time Undergraduate programs are most commonly White Female (38.8%), followed by White Male (32.4%) and Hispanic or Latino Female (3.2%). Students enrolled in full-time Graduate programs are most commonly White Female (50.5%), followed by White Male (17.5%) and Black or African American Female (4.85%).

Full-Time vs Part-Time Enrollment

70.8%

Full-Time Enrollment

The total enrollment at Minnesota State University-Mankato in 2024, both undergraduate and graduate, is 15,271 students. The full-time enrollment at Minnesota State University-Mankato is 10,812 and the part-time enrollment is 4,459. This means that 70.8% of students enrolled at Minnesota State University-Mankato are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

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

Retention Rate over Time

80%

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 Minnesota State University-Mankato was 80%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Minnesota State University-Mankato had a retention rate higher than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

White
10,819 enrolled students
Hispanic or Latino
925 enrolled students
Black or African American
900 enrolled students

The enrolled student population at Minnesota State University-Mankato is 70.8% White, 6.06% Hispanic or Latino, 5.89% Black or African American, 3.54% Two or More Races, 3.14% Asian, 0.334% American Indian or Alaska Native, and 0.0327% 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 Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 199 students (1.3%) did not report their race.

Graduates

In 2024, 791 more women than men received degrees from Minnesota State University-Mankato. The most common race/ethnicity group of degree recipients at Minnesota State University-Mankato is white (2,762 degrees awarded). There were 12.8 times more white recipients than the next closest race/ethnicity group, black or african american (216 degrees).

The most common Bachelor's Degree concentration at Minnesota State University-Mankato is Registered Nursing (383 degrees awarded), followed by General Business Administration & Management (179 degrees) and General Psychology (139 degrees).

In 2024, the most specialized majors across all degree types at Minnesota State University-Mankato, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Transportation (93 degrees awarded), Parks, Recreation, & Leisure (166 degrees), and English (85 degrees).

Common Jobs by Major

Elementary & middle school teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Minnesota State University-Mankato are Elementary & middle school teachers (1,583,773 people), Secondary school teachers (561,424 people), Education administrators (294,233 people), Special education teachers (207,045 people), and Other managers (187,890 people).

The most specialized majors at Minnesota State University-Mankato in 2024 are Transportation (93 degrees awarded), Parks, Recreation, & Leisure (166 degrees), English (85 degrees), Education (503 degrees), and Language & Linguistics (45 degrees) (as of 2024).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Minnesota State University-Mankato are Physicians, Surgeons, Nuclear medicine technologists and medical dosimetrists, Nurse anesthetists, and Models, demonstrators, & product promoters

The most specialized majors at Minnesota State University-Mankato are Transportation (93 degrees awarded), Parks, Recreation, & Leisure (166 degrees), English (85 degrees), Education (503 degrees), and Language & Linguistics (45 degrees) (as of 2024).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Minnesota State University-Mankato are Elementary & secondary schools (2,960,777 people), Colleges, universities & professional schools, including junior colleges (405,657 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (217,963 people), Computer Systems Design (137,479 people), and Legal services (107,554 people).

Majors Awarded

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

Liberal Arts & Sciences

Most Common (2024)

76 degrees awarded

In 2024, the most common associates degree concentration at Minnesota State University-Mankato was Liberal Arts & Sciences with 76 degrees awarded.

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

Sex Breakdown for Common Majors

1,480

Degrees Awarded to Men

in 2024

2,271

Degrees Awarded to Women

in 2024

In 2024, 1,480 degrees were awarded to men at Minnesota State University-Mankato, which is 0.652 times less than the number of degrees awarded to females (2,271).

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

Most Common Male Majors

In 2024, 118 degrees were awarded to men at Minnesota State University-Mankato in General Business Administration & Management, which is 1.23 times more than the 96 female recipients with that same degree.

Most Common Female Majors

In 2024, 329 degrees were awarded to men at Minnesota State University-Mankato in Registered Nursing, which is 6.09 times more than the 54 male recipients with that same degree.

Time to Complete

30%

100% Completion Time

52%

150% Completion Time

In 2024, 30% of students graduating from Minnesota State University-Mankato completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 55% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and 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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

White
2,762 degrees awarded
Black or African American
216 degrees awarded
Hispanic or Latino
191 degrees awarded

The most common race/ethnicity at Minnesota State University-Mankato is white (2,762 degrees awarded). There were 12.8 times more white recipients than the next closest race/ethnicity group, black or african american (216 degrees).

0.587% of degree recipients (22 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

White Female
1,769 degrees awarded
White Female
1,761 degrees awarded
White Female
1,743 degrees awarded

The most common race/ethnicity and sex grouping at Minnesota State University-Mankato is white female (1,769 degrees awarded). There were 1 times more white female recipients than the next closest race/ethnicity group, white female (1,761 degrees).

Operations

Minnesota State University-Mankato has an endowment valued at nearly $80.6M, as of the end of the 2024 fiscal year. The return on its endowment was of 4.62M (5.73%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

In 2024, Minnesota State University-Mankato had a total salary expenditure of 289M. Minnesota State University-Mankato employs 222 Professors, 152 Associate professors and 136 Assistant professors. Most academics at Minnesota State University-Mankato are Male Professor (122), Female Professor (100), and Female Associate professor (78).

The most common positions for non-instructional staff at Minnesota State University-Mankato are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 187 employees, Office and Administrative Support, with 139 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 130 employees.

Endowment

$80.6M

2024 Endowment

13.6%

growth from 2023

Minnesota State University-Mankato has an endowment valued at about $80.6M, as of the end of the 2024 fiscal year. The endowment of Minnesota State University-Mankato grew 13.6% from the previous year. The value of their endowment was $34.7M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Minnesota State University-Mankato (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Larger Programs Carnegie Classification grouping.

Salary Expenditure

$132M

2024 Salaries

6.47%

growth from 2023

In 2024, Minnesota State University-Mankato paid a median of $132M in salaries, which represents 45.7% of their overall expenditure ($289M) and a 6.47% growth from the previous year. This is compared to a 4.32% growth between 2022 and 2023, and a 1.41% growth between 2021 and 2022.

Instructional Salaries

$52.5M

Instructional Salaries

518

Number of Employees

In 2024, Minnesota State University-Mankato paid a total of $52.5M to 518 employees working as instructors, which represents 39.7% of all salaries paid.

This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at Minnesota State University-Mankato were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 187 employees, Office and Administrative Support with 139 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 130 employees.

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