Southwest Minnesota State University

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2016 Undergraduate Tuition

$7,222

0% growth from 2015

2016 Average Net Price

$14,824

After Financial Aid

2015 Student Loan

4.74%

Default Rate

2016 Acceptance Rate

54.2%

1,884 Applicants

2016 Enrolled Students

7,495

31.6% Full-Time

2016 Graduation Rate

49.8%

252 Graduates

About

Southwest Minnesota State University is a higher education institution located in Lyon County, MN. In 2016, the most popular Bachelor's Degree concentrations at Southwest Minnesota State University were General Business Administration & Management (84 degrees awarded), Early Childhood Education & Teaching (45 degrees), and Elementary Education & Teaching (45 degrees).

In 2016, 759 degrees were awarded across all undergraduate and graduate programs at Southwest Minnesota State University. 66.8% of these degrees were awarded to women, and 33.2% awarded men. The majority of degree recipients were white (608 degrees), 25.3 times more than then the next closest race/ethnicity group, hispanic or latino (24 degrees).

The median undergraduate tuition at Southwest Minnesota State University is $7,222, which is $-12,938 less than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Southwest Minnesota State University is $7,222, which is $-12,938 less than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $14,824.

In 2016, 26% of undergraduate students received federal grants, while 21% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$7,222

2016 Undergraduate Tuition

In 2016, the cost of tuition at Southwest Minnesota State University was $7,222. The cost of tuition at Southwest Minnesota State University is $-12,938 less than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

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Average Net Price

$14,824

2016 Value

0.0944%

1 Year Growth

In 2016 Southwest Minnesota State University had an average net price — the price paid after factoring in grants and loans — of $14,824. Between 2015 and 2016, the average net price of Southwest Minnesota State University grew by 0.0944%.

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.

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Other Student Expenses

$7,572

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Southwest Minnesota State University was of $7,572 in 2016. During the same period, the average yearly cost of books and supplies was $1,200. The cost of room and board increased by 2.99% between 2015 and 2016. 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.

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Financial Aid

Financial Aid by Income Level

26%

Of Undergraduates Receive Grants

21%

Of Undergraduates Receive Federal Loans

26% of undergraduate students at Southwest Minnesota State University received grants or loans in 2016. This represents a decline of 3.7% with respect to 2015, when 27% 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.

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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.

4.74%

2015 Default Rate

46

Number of Defaults

In 2015 the default rate for borrower's at Southwest Minnesota State University was 4.74%, which represents 46 out of the 971 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.

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Admissions

Southwest Minnesota State University received 1,884 undergraduate applications in 2016, which represents a 6.41% annual decline. Out of those 1,884 applicants, 1,021 students were accepted for enrollment, representing a 54.2% acceptance rate.

There were 7,495 students enrolled at Southwest Minnesota State University in 2016, and 5% of first-time enrollees submitted SAT scores with their applications.

Southwest Minnesota State University has an overall enrollment yield of 48.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

54.2%

Acceptance Rate in 2016

1,021

Accepted Out of 1,884

In 2016, the undergraduate acceptance rate of Southwest Minnesota State University was 54.2% (1,021 admissions from 1,884 applications). This is lower than the acceptance rate of 2015, which was 64%. Between 2015 and 2016, the number of applicants declined by -6.41%, while admissions declined by -208%.

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

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SAT Scores

5%

Submission Percentage

24

Scores Submitted

5% of enrolled first-time students at Southwest Minnesota State University in 2016 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.

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Enrollment

Southwest Minnesota State University has a total enrollment of 7,495 students. The full-time enrollment at Southwest Minnesota State University is 2,371 students and the part-time enrollment is 5,124. This means that 31.6% 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 82.8% White, 3.54% Hispanic or Latino, 2.47% Black or African American, 2.05% Two or More Races, 1.75% Asian, 0.36% American Indian or Alaska Native, and 0.0267% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Southwest Minnesota State University in full-time Undergraduate programs are majority White Female (43.5%), followed by White Male (31.3%) and Black or African American Male (3.36%). Students enrolled in full-time Graduate programs are majority White Female (51.7%), followed by White Male (16.5%) and Black or African American Male (0.952%).

Full-Time vs Part-Time Enrollment

31.6%

Full-Time Enrollment

The total enrollment at Southwest Minnesota State University, both undergraduate and graduate, is 7,495 students. The full-time enrollment at Southwest Minnesota State University is 2,371 and the part-time enrollment is 5,124. This means that 31.6% of students enrolled at Southwest Minnesota State University are enrolled full-time compared with 68.7% 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.

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Retention Rate over Time

69%

2016 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 69%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    6,209

  2. Hispanic or Latino

    265

  3. Black or African American

    185

The enrolled student population at Southwest Minnesota State University is 82.8% White, 3.54% Hispanic or Latino, 2.47% Black or African American, 2.05% Two or More Races, 1.75% Asian, 0.36% American Indian or Alaska Native, and 0.0267% 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 251 students (3.35%) did not report their race.

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Graduates

In 2016, 255 more women than men received degrees from Southwest Minnesota State University. The majority of degree recipients at Southwest Minnesota State University are white (608 degrees awarded). There were 25.3 times more white graduates than the next closest race/ethnicity group, hispanic or latino (24 degrees).

The most common Bachelor's Degree concentration at Southwest Minnesota State University is General Business Administration & Management (84 degrees awarded), followed by Early Childhood Education & Teaching (45 degrees) and Elementary Education & Teaching (45 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 (251 degrees awarded), Parks, Recreation, & Leisure (51 degrees), and Agriculture (17 degrees).

Workforce

Common Jobs by Major

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 (2,090,082 people), Accountants & auditors (1,100,696 people), Miscellaneous managers (803,770 people), Financial managers (443,918 people), and Secondary school teachers (364,792 people).

The most specialized majors at Southwest Minnesota State University are Education (251 degrees awarded), Parks, Recreation, & Leisure (51 degrees), Agriculture (17 degrees), Business (236 degrees), and History (7 degrees).

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Highest Paying Jobs by Major

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 Physicians & surgeons, Aircraft pilots & flight engineers, Securities, commodities, & financial services sales agents, Chief executives & legislators, and Dentists

The most specialized majors at Southwest Minnesota State University are Education (251 degrees awarded), Parks, Recreation, & Leisure (51 degrees), Agriculture (17 degrees), Business (236 degrees), and History (7 degrees).

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Common Industries by Major

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 (3,212,449 people), Insurance carriers & related activities (595,325 people), Colleges, universities & professional schools, including junior colleges (574,616 people), Banking & related activities (513,308 people), and Hospitals (470,104 people).

The most specialized majors at Southwest Minnesota State University are Education (251 degrees awarded), Parks, Recreation, & Leisure (51 degrees), Agriculture (17 degrees), Business (236 degrees), and History (7 degrees).

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Degrees

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.

In 2016, the most common bachelors degree concentration at Southwest Minnesota State University was General Business Administration & Management with 84 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 252

  2. 507

In 2016, 252 degrees were awarded to men at Southwest Minnesota State University, which is 0.497 times less than the number of degrees awarded to females (507).

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

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Most Common Male Majors

In 2016, 70 degrees were awarded to men at Southwest Minnesota State University in General Business Administration & Management, which is 0.805 times less than the 87 female recipients with that same degree.

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Most Common Female Majors

In 2016, 90 degrees were awarded to women at Southwest Minnesota State University in General Education, which is 3.91 times more than the 23 male recipients with that same degree.

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Time to Complete

21%

100% Completion Time

43%

150% Completion Time

In 2016, 21% 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, 43% completed their degrees within 150% of the normal time, and 46% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Southwest Minnesota State University is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

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% of graduates (0 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    608 degrees awarded

  2. Hispanic or Latino

    24 degrees awarded

  3. Black or African American

    21 degrees awarded

The most common race/ethnicity at Southwest Minnesota State University is white (608 degrees awarded). There were 25.3 times more white recipients than the next closest race/ethnicity group, hispanic or latino (24 degrees).

2.5% of degree recipients (19 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    428 degrees awarded

  2. White Male

    180 degrees awarded

  3. Hispanic or Latino Male

    14 degrees awarded

The most common race/ethnicity and gender grouping at Southwest Minnesota State University is white female (428 degrees awarded). There were 2.38 times more white female recipients than the next closest race/ethnicity group, white male (180 degrees).

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Operations

Southwest Minnesota State University has an endowment valued at nearly $3.18M, as of the end of the 2015 fiscal year. The return on its endowment was of $183k (5.75%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Southwest Minnesota State University had a total expenditure of $48.2M. Of that $48.2M, they spent $24M on salaries and $48.2M on benefits.

Southwest Minnesota State University employs 48 Professors, 27 Associate professors, and 27 Assistant professors. Most academics at Southwest Minnesota State University are Male Professors (26), Female Professors(22), and Female Associate professors (14).

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 35 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 32 employees, and Service with 28 employees.

Finances

Endowment

$3.18M

2015 Endowment

2.45%

growth from 2014

Southwest Minnesota State University has an endowment valued at about $3.18M, as of the end of the 2015 fiscal year. The endowment of Southwest Minnesota State University grew 2.45% from the previous year. The value of their endowment was $25.7M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, 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.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$24M

Salary Expenditure

$48.2M

Benefits Expenditure

In 2015, Southwest Minnesota State University had a total expenditure of $48.2M. Of that $48.2M, they spent $24M on salaries and $48.2M on benefits.

The bar chart shows the share of the primary expenses at Southwest Minnesota State University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Southwest Minnesota State University as a share of total expenditure.

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Salary Expenditure

$24M

2015 Salaries

3.54%

decline from 2014

In 2015, Southwest Minnesota State University paid a median of $24M in salaries, which represents 49.8% of their overall expenditure ($48.2M) and a 3.54% decline from the previous year. This is compared to a 8.88% growth from 2013 and a 5.21% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$7.73M

Instructional Salaries

98

Number of Employees

In 2015, Southwest Minnesota State University paid a total of $7.73M to 98 employees working as instructors, which represents 32.2% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

48 Employees

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

Most Common Non-Instructional Employee

35 Employees

In 2016, the most common positions for instructional staff at Southwest Minnesota State University were Professor with 48 employees; Associate professor with 27 employees; and Associate professor with 27 employees.

In 2016, 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 35 employees; Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 32 employees; and Service with 28 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Professor

  3. Female Associate professor

In 2016, the most common demographic for instructional staff at Southwest Minnesota State University was Male Professor with 26 employees, Female Professor with 22 employees, and Female Associate professor with 14 employees.

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

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