Southwest Minnesota State University

www.smsu.edu/

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2020 Undergraduate Tuition

$7,837

1.49% growth from 2019

2020 Average Net Price

$14,340

After Financial Aid

2018 Student Loan

5.95%

Default Rate

2020 Acceptance Rate

80.6%

1,856 Applicants

2020 Enrolled Students

7,259

25.3% Full-Time

2020 Graduation Rate

47%

219 Graduates

About

Southwest Minnesota State University is a higher education institution located in Lyon County, MN. In 2020, the most popular Bachelor's Degree concentrations at Southwest Minnesota State University were Kinesiology & Exercise Science (50 degrees awarded), Early Childhood Education & Teaching (45 degrees), and Registered Nursing (43 degrees).

In 2020, 720 degrees were awarded across all undergraduate and graduate programs at Southwest Minnesota State University. 68.1% of these degrees were awarded to women, and 31.9% awarded men. The most common race/ethnicity group of degree recipients was white (570 degrees), 19 times more than then the next closest race/ethnicity group, black or african american (30 degrees).

The median undergraduate tuition at Southwest Minnesota State University is $7,837, which is $−14,693 less than the national average for Masters Colleges and Universities ($22,531).

Costs

The median undergraduate tuition at Southwest Minnesota State University is $7,837, which is $−14,693 less than the national average for Masters Colleges and Universities ($22,531).

After taking grants and loans into account, the average net price for students is $14,340.

In 2020, 25% of undergraduate students attending Southwest Minnesota State University received financial aid through grants. Comparatively, 16% of undergraduate students received financial aid through loans.

Tuition Costs

$7,837

2020 Undergraduate Tuition

In 2020, the cost of tuition at Southwest Minnesota State University was $7,837. The cost of tuition at Southwest Minnesota State University is $−14,693 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

Average Net Price

$14,340

2020 Value

2.17%

1 Year Growth

In 2020 Southwest Minnesota State University had an average net price — the price paid after factoring in grants and loans — of $14,340. Between 2019 and 2020, the average net price of Southwest Minnesota State University grew by 2.17%.

This chart compares the average net price of Southwest Minnesota 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

$8,278

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Southwest Minnesota State University was of $8,278 in 2020. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 3.27% between 2019 and 2020. The cost of books and supplies did not change during the same period.

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

Financial Aid by Income Level

25%

Undergraduates Receiving Financial Aid through Grants

16%

Undergraduates Receiving Financial Aid through Loans

25% of undergraduate students at Southwest Minnesota State University received financial aid through grants or loans in 2020. This represents a growth of 8.7% with respect to 2019, when 23% of undergraduate students received financial aid.

This chart compares the average award discount at Southwest Minnesota 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.

5.95%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Southwest Minnesota State University was 5.95%, which represents 52 out of the 874 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

Southwest Minnesota State University received 1,856 undergraduate applications in 2020, which represents a 18% annual decline. Out of those 1,856 applicants, 1,496 students were accepted for enrollment, representing a 80.6% acceptance rate.

There were 7,259 students enrolled at Southwest Minnesota State University in 2020, and 7% of first-time enrollees submitted SAT scores with their applications.

Southwest Minnesota State University has an overall enrollment yield of 23.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

80.6%

Acceptance Rate in 2020

1,496

Accepted Out of 1,856

In 2020, the undergraduate acceptance rate of Southwest Minnesota State University was 80.6% (1,496 admissions from 1,856 applications). This is higher than the acceptance rate of 2019, which was 63.9%. Between 2019 and 2020, the number of applicants declined by −18%, while admissions grew by 3.39%.

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

SAT Scores

Submission Percentage

Scores Submitted

7% of enrolled first-time students at Southwest Minnesota State University in 2020 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

Southwest Minnesota State University has a total enrollment of 7,259 students. The full-time enrollment at Southwest Minnesota State University is 1,835 students and the part-time enrollment is 5,424. This means that 25.3% of students enrolled at Southwest Minnesota State University are enrolled full-time.

The enrolled student population at Southwest Minnesota State University, both undergraduate and graduate, is 82.3% White, 4.75% Hispanic or Latino, 3.24% Black or African American, 2.82% Two or More Races, 1.89% Asian, 0.262% American Indian or Alaska Native, and 0.193% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Southwest Minnesota State University in full-time Undergraduate programs are most commonly White Female (45.2%), followed by White Male (26.6%) and Black or African American Male (5.16%). Students enrolled in full-time Graduate programs are most commonly White Female (63.1%), followed by White Male (22.2%) and Hispanic or Latino Female (2.22%).

Full-Time vs Part-Time Enrollment

25.3%

Full-Time Enrollment

The total enrollment at Southwest Minnesota State University, both undergraduate and graduate, is 7,259 students. The full-time enrollment at Southwest Minnesota State University is 1,835 and the part-time enrollment is 5,424. This means that 25.3% of students enrolled at Southwest Minnesota State University are enrolled full-time compared with 68.8% at similar Masters Colleges and Universities.

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

Retention Rate over Time

74%

2020 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 Southwest Minnesota State University was 74%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Southwest Minnesota State University had a retention rate lower than its peers.

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

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
5,974
Hispanic or Latino
345
Black or African American
235

The enrolled student population at Southwest Minnesota State University is 82.3% White, 4.75% Hispanic or Latino, 3.24% Black or African American, 2.82% Two or More Races, 1.89% Asian, 0.262% American Indian or Alaska Native, and 0.193% 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 52.6% White, 16.6% Hispanic or Latino, and 13% 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, 219 students (3.02%) did not report their race.

Graduates

In 2020, 260 more women than men received degrees from Southwest Minnesota State University. The most common race/ethnicity group of degree recipients at Southwest Minnesota State University is white (570 degrees awarded). There were 19 times more white graduates than the next closest race/ethnicity group, black or african american (30 degrees).

The most common Bachelor's Degree concentration at Southwest Minnesota State University is Kinesiology & Exercise Science (50 degrees awarded), followed by Early Childhood Education & Teaching (45 degrees) and Registered Nursing (43 degrees).

The most specialized majors across all degree types at Southwest Minnesota State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Education (274 degrees awarded), Parks, Recreation, & Leisure (58 degrees), and Agriculture (20 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 Southwest Minnesota State University are Elementary & middle school teachers (1,749,530 people), Secondary school teachers (411,709 people), Education administrators (266,815 people), Other managers (167,194 people), and Special education teachers (157,217 people).

The most specialized majors at Southwest Minnesota State University are Education (274 degrees awarded), Parks, Recreation, & Leisure (58 degrees), Agriculture (20 degrees), History (8 degrees), and Natural Resources & Conservation (7 degrees).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Southwest Minnesota State University are Surgeons, Clinical and counseling psychologists, Computer hardware engineers, Entertainers & performers, sports & related workers, all other, and Magnetic resonance imaging technologists

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 Southwest Minnesota State University are Elementary & secondary schools (2,815,678 people), Colleges, universities & professional schools, including junior colleges (322,216 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (182,142 people), Construction (102,868 people), and Justice, public order, & safety activities (101,624 people).

Majors Awarded

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

Most Common

Kinesiology & Exercise Science
50 degree-majorss awarded
Early Childhood Education & Teaching
45 degree-majorss awarded
Registered Nursing
43 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Southwest Minnesota State University was Kinesiology & Exercise Science with 50 degrees awarded.

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

Sex Breakdown for Common Majors

230

Degrees Awarded to Men

in 2020

490

Degrees Awarded to Women

in 2020

In 2020, 230 degrees were awarded to men at Southwest Minnesota State University, which is 0.469 times less than the number of degrees awarded to females (490).

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

Most Common Male Majors

In 2020, 46 degrees were awarded to men at Southwest Minnesota State University in General Business Administration & Management, which is 0.754 times less than the 61 female recipients with that same degree.

Most Common Female Majors

In 2020, 121 degrees were awarded to women at Southwest Minnesota State University in General Education, which is 8.07 times more than the 15 male recipients with that same degree.

Time to Complete

33%

100% Completion Time

45%

150% Completion Time

In 2020, 33% of students graduating from Southwest Minnesota State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 45% completed their degrees within 150% of the normal time, and 47% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Male

Highest Graduation Rate (80%)

The student demographic with the highest graduation rate at Southwest Minnesota State University is Male and Asian (80% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.4%).

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, 2.74% of graduates (6 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
570 degrees awarded
Black or African American
30 degrees awarded
Hispanic or Latino
15 degrees awarded

The most common race/ethnicity at Southwest Minnesota State University is white (570 degrees awarded). There were 19 times more white recipients than the next closest race/ethnicity group, black or african american (30 degrees).

1.53% of degree recipients (11 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
411 degrees awarded
White Male
159 degrees awarded
Black or African American Male
18 degrees awarded

The most common race/ethnicity and sex grouping at Southwest Minnesota State University is white female (411 degrees awarded). There were 2.58 times more white female recipients than the next closest race/ethnicity group, white male (159 degrees).

Operations

Southwest Minnesota State University has an endowment valued at nearly $14.4M, as of the end of the 2020 fiscal year. The return on its endowment was of $310k (2.15%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Southwest Minnesota State University had a total salary expenditure of $54.8M. Southwest Minnesota State University employs 49 Professors, 28 Assistant professors, and 26 Associate professors. Most academics at Southwest Minnesota State University are Male Professors (28), Female Professors(21), and Female Assistant professors (19).

The most common positions for non-instructional staff at Southwest Minnesota State University are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 41 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 38 employees, and Service with 26 employees.

Endowment

$14.4M

2020 Endowment

365%

growth from 2019

Southwest Minnesota State University has an endowment valued at about $14.4M, as of the end of the 2020 fiscal year. The endowment of Southwest Minnesota State University grew 365% from the previous year. The value of their endowment was $25.2M lower than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Southwest Minnesota 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 Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

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

As of 2020, Southwest Minnesota State University received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$25.6M

2020 Salaries

2.16%

growth from 2019

In 2020, Southwest Minnesota State University paid a median of $25.6M in salaries, which represents 46.7% of their overall expenditure ($54.8M) and a 2.16% growth from the previous year. This is compared to a 1.64% growth from 2018 and a 2.38% growth from 2017.

The median for similar Masters Colleges and Universities is 34.6M (40.9% of overall expenditures).

Instructional Salaries

$8.95M

Instructional Salaries

104

Number of Employees

In 2020, Southwest Minnesota State University paid a total of $8.95M to 104 employees working as instructors, which represents 35% of all salaries paid.

This is compared to a median of $11M (31.8%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

49 Employees

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

Most Common Non-Instructional Employee

41 Employees

In 2020, the most common positions for instructional staff at Southwest Minnesota State University were Professor with 49 employees; Assistant professor with 28 employees; and Assistant professor with 26 employees.

In 2020, the most common positions for non-instructional staff at Southwest Minnesota State University were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 41 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 38 employees; and Service with 26 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Professor
Female Assistant professor

In 2020, the most common demographic for instructional staff at Southwest Minnesota State University was Male Professor with 28 employees, Female Professor with 21 employees, and Female Assistant professor with 19 employees.

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