Minnesota State University-Mankato

https://mankato.mnsu.edu/

Add Comparison

2019 Undergraduate Tuition

$7,394

2.99% growth from 2018

2019 Average Net Price

$14,464

After Financial Aid

2017 Student Loan

4.47%

Default Rate

2019 Acceptance Rate

62.7%

10,349 Applicants

2019 Enrolled Students

14,325

77% Full-Time

2018 Graduation Rate

48.7%

1,120 Graduates

About

Minnesota State University-Mankato is a higher education institution located in Blue Earth County, MN. In 2016, the most popular Bachelor's Degree concentrations at Minnesota State University-Mankato were Registered Nursing (240 degrees awarded), General Business Administration & Management (135 degrees), and General Marketing & Marketing Management (114 degrees).

In 2019, 3,415 degrees were awarded across all undergraduate and graduate programs at Minnesota State University-Mankato. 59.5% of these degrees were awarded to women, and 40.5% awarded men. The most common race/ethnicity group of degree recipients was white (2,535 degrees), 17 times more than then the next closest race/ethnicity group, black or african american (149 degrees).

The median undergraduate tuition at Minnesota State University-Mankato is $7,394, which is $-14,632 less than the national average for Masters Colleges and Universities ($22,027).

Photo by bendas2

Masters Colleges & Universities: Larger Programs Masters Colleges and Universities

Costs

The median undergraduate tuition at Minnesota State University-Mankato is $7,394, which is $-14,632 less than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $14,464.

In 2019, 54% of undergraduate students received federal grants, while 51% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,394

2019 Undergraduate Tuition

In 2019, the cost of tuition at Minnesota State University-Mankato was $7,394. The cost of tuition at Minnesota State University-Mankato is $-14,632 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

Average Net Price

$14,464

2019 Value

0.379%

1 Year Growth

In 2019 Minnesota State University-Mankato had an average net price — the price paid after factoring in grants and loans — of $14,464. Between 2018 and 2019, the average net price of Minnesota State University-Mankato grew by 0.379%.

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

$8,332

Room and Board

$1,002

Books and Supplies

The average yearly cost of room and board at Minnesota State University-Mankato was of $8,332 in 2019. During the same period, the average yearly cost of books and supplies was $1,002. The cost of room and board increased by 2.71% between 2018 and 2019. The cost of books and supplies decreased by 1.96% 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

Financial Aid by Income Level

54%

Of Undergraduates Receive Grants

51%

Of Undergraduates Receive Federal Loans

54% of undergraduate students at Minnesota State University-Mankato received grants or loans in 2019. This represents a growth of 0% with respect to 2018, 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.

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.

4.47%

2017 Default Rate

163

Number of Defaults

In 2017 the default rate for borrower's at Minnesota State University-Mankato was 4.47%, which represents 163 out of the 3643 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

Minnesota State University-Mankato received 10,349 undergraduate applications in 2019, which represents a 8.53% annual decline. Out of those 10,349 applicants, 6,490 students were accepted for enrollment, representing a 62.7% acceptance rate.

There were 14,325 students enrolled at Minnesota State University-Mankato in 2019, and 0% of first-time enrollees submitted SAT scores with their applications.

Minnesota State University-Mankato has an overall enrollment yield of 35.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.7%

Acceptance Rate in 2019

6,490

Accepted Out of 10,349

In 2019, the undergraduate acceptance rate of Minnesota State University-Mankato was 62.7% (6,490 admissions from 10,349 applications). This is higher than the acceptance rate of 2018, which was 60.9%. Between 2018 and 2019, the number of applicants declined by -8.53%, while admissions declined by -5.83%.

This chart compares the acceptance rate of Minnesota State University-Mankato (in red) with that of other similar universities.

SAT Scores

Submission Percentage

Scores Submitted

0% of enrolled first-time students at Minnesota State University-Mankato in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Minnesota State University-Mankato has a total enrollment of 14,325 students. The full-time enrollment at Minnesota State University-Mankato is 11,035 students and the part-time enrollment is 3,290. This means that 77% 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 72.8% White, 5.01% Black or African American, 4.87% Hispanic or Latino, 3.44% Asian, 3.39% Two or More Races, 0.307% American Indian or Alaska Native, and 0.0628% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Minnesota State University-Mankato in full-time Undergraduate programs are most commonly White Female (39.1%), followed by White Male (33.4%) and Hispanic or Latino Female (2.71%). Students enrolled in full-time Graduate programs are most commonly White Female (46.1%), followed by White Male (22.2%) and Black or African American Female (2.73%).

Full-Time vs Part-Time Enrollment

77%

Full-Time Enrollment

The total enrollment at Minnesota State University-Mankato, both undergraduate and graduate, is 14,325 students. The full-time enrollment at Minnesota State University-Mankato is 11,035 and the part-time enrollment is 3,290. This means that 77% of students enrolled at Minnesota State University-Mankato are enrolled full-time compared with 69.2% 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

77%

2019 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 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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

White
10,424
Black or African American
717
Hispanic or Latino
698

The enrolled student population at Minnesota State University-Mankato is 72.8% White, 5.01% Black or African American, 4.87% Hispanic or Latino, 3.44% Asian, 3.39% Two or More Races, 0.307% American Indian or Alaska Native, and 0.0628% 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 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 223 students (1.56%) did not report their race.

Graduates

In 2019, 651 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 (2,535 degrees awarded). There were 17 times more white graduates than the next closest race/ethnicity group, black or african american (149 degrees).

The most common Bachelor's Degree concentration at Minnesota State University-Mankato is Registered Nursing (240 degrees awarded), followed by General Business Administration & Management (135 degrees) and General Marketing & Marketing Management (114 degrees).

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 Parks, Recreation, & Leisure (206 degrees awarded), Cultural & Gender Studies (30 degrees), and Education (530 degrees).

Workforce

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 (1,496,485 people), Secondary school teachers (503,022 people), Education administrators (286,074 people), Other managers (213,362 people), and Special education teachers (209,959 people).

The most specialized majors at Minnesota State University-Mankato are Parks, Recreation, & Leisure (206 degrees awarded), Cultural & Gender Studies (30 degrees), Education (530 degrees), Transportation (41 degrees), and Communications (152 degrees).

Highest Paying Jobs by Major

Securities, commodities, & financial services sales agents

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 Securities, commodities, & financial services sales agents, Chief executives & legislators, Magnetic resonance imaging technologists, Actuaries, and Dentists

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 (2,799,467 people), Colleges, universities & professional schools, including junior colleges (339,899 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (178,237 people), Computer Systems Design (138,063 people), and Construction (106,622 people).

Degrees

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.

Most Common

Registered Nursing
240 degree-majorss awarded
General Business Administration & Management
135 degree-majorss awarded
General Marketing & Marketing Management
114 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Minnesota State University-Mankato was Registered Nursing with 240 degrees awarded.

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

Gender Breakdown for Common Majors

1,382

Degrees Awarded to Men

in 2019

2,033

Degrees Awarded to Women

in 2019

In 2019, 1,382 degrees were awarded to men at Minnesota State University-Mankato, which is 0.68 times less than the number of degrees awarded to females (2,033).

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

Most Common Male Majors

In 2019, 83 degrees were awarded to men at Minnesota State University-Mankato in Information Technology, which is 6.38 times more than the 13 female recipients with that same degree.

Most Common Female Majors

In 2019, 214 degrees were awarded to women at Minnesota State University-Mankato in Registered Nursing, which is 8.23 times more than the 26 male recipients with that same degree.

Time to Complete

24%

100% Completion Time

47%

150% Completion Time

In 2019, 24% 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, 47% completed their degrees within 150% of the normal time, and 50% 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.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (53.9%)

The student demographic with the highest graduation rate at Minnesota State University-Mankato is Female and White (53.9% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

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, 1.16% of graduates (13 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
2,535 degrees awarded
Black or African American
149 degrees awarded
Unknown
133 degrees awarded

The most common race/ethnicity at Minnesota State University-Mankato is white (2,535 degrees awarded). There were 17 times more white recipients than the next closest race/ethnicity group, black or african american (149 degrees).

3.89% of degree recipients (133 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
1,581 degrees awarded
White Male
954 degrees awarded
Black or African American Male
85 degrees awarded

The most common race/ethnicity and gender grouping at Minnesota State University-Mankato is white female (1,581 degrees awarded). There were 1.66 times more white female recipients than the next closest race/ethnicity group, white male (954 degrees).

Operations

Minnesota State University-Mankato has an endowment valued at nearly $59.7M, as of the end of the 2019 fiscal year. The return on its endowment was of $2.5M (4.19%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Minnesota State University-Mankato had a total salary expenditure of $226M. Minnesota State University-Mankato employs 177 Professors, 162 Assistant professors, and 137 Associate professors. Most academics at Minnesota State University-Mankato are Male Professors (107), Female Assistant professors(82), and Male Assistant professors (80).

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 191 employees, Office and Administrative Support, with 130 employees, and Service with 91 employees.

Finances

Endowment

$59.7M

2019 Endowment

5.69%

decline from 2018

Minnesota State University-Mankato has an endowment valued at about $59.7M, as of the end of the 2019 fiscal year. The endowment of Minnesota State University-Mankato declined 5.69% from the previous year. The value of their endowment was $21.2M 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.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2019, Minnesota State University-Mankato received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$113M

2019 Salaries

growth from 2018

In 2019, Minnesota State University-Mankato paid a median of $113M in salaries, which represents 49.7% of their overall expenditure ($226M) and a 5% growth from the previous year. This is compared to a 1.27% growth from 2017 and a 2.11% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

Instructional Salaries

$42.5M

Instructional Salaries

491

Number of Employees

In 2019, Minnesota State University-Mankato paid a total of $42.5M to 491 employees working as instructors, which represents 37.7% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

177 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

191 Employees

In 2019, the most common positions for instructional staff at Minnesota State University-Mankato were Professor with 177 employees; Assistant professor with 162 employees; and Assistant professor with 137 employees.

In 2019, 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 191 employees; Office and Administrative Support with 130 employees; and Service with 91 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Professor
Female Assistant professor
Male Assistant professor

In 2019, the most common demographic for instructional staff at Minnesota State University-Mankato was Male Professor with 107 employees, Female Assistant professor with 82 employees, and Male Assistant professor with 80 employees.

This chart shows the gender split between each academic rank present at Minnesota State University-Mankato.

Keep Exploring

California State University-Dominguez Hills

University

Merrimack College

University

Metropolitan State University