Active Report Report ID: EDU-175078-2026

Southwest Minnesota State University

Marshall, MN 56258-5468

Acceptance rate62.18%Broad access
Tuition$10,361Published sticker
Avg. net price$15,291After aid
Graduation rate45.10%150% time
Median salary$51,34210yr post-entry

About Southwest Minnesota State University

Southwest Minnesota State University is a public research university in Marshall, Minnesota, enrolling about 2,315 students. Admission is moderately selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 62.18% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $51,342 among students who received federal aid.

Key findings

  • Southwest Minnesota State University charges about 1.9× the national public median tuition ($10,361).
  • Versus the Minnesota median, sticker tuition is 7% above.
  • Completion within 150% of normal time is 45.10%.
  • Median earnings 10 years after entry are $51,342.

Research findings

01

Finding

Modeled return on investment at Southwest Minnesota State University is strong.

Estimated ROI reaches about 739% using Scorecard cost and 10-year earnings fields in this extract.

— Evidence from EDsmart Data analysis

Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.

Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.

Cost benchmarks

Benchmark Median Tuition Median Net Price Count
Southwest Minnesota State University$10,361$15,2911
Public (national median)$5,5121,688
Minnesota (state median)$9,706$13,32292
Town (locale median)$9,600$14,9711,517
United States (national median)$11,900$17,156

Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.

Cost

How expensive is Southwest Minnesota State University really?

Source College Scorecard + EDsmart aggregatesMethod Sticker vs net; peer mediansUpdated 2026 extractCoverage Undergraduate (Title IV net price)Confidence Federal extract

Key findings

  • Southwest Minnesota State University charges about 1.9× the national public median tuition ($10,361).
  • Versus the Minnesota median, sticker tuition is 7% above.
Published sticker

Southwest Minnesota State University tuition

Published undergraduate tuition $10,361

Finding Southwest Minnesota State University charges about 1.9× the national public median tuition.

Evidence Published tuition is $10,361. That is about 1.9× the national public median ($5,512). Versus the Minnesota median ($9,706), sticker tuition is 7% above. Versus the U.S. median ($11,900), sticker is 13% below.

Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.

Interpretation Published tuition measures sticker price relative to public and geographic peers; it does not equal what undergraduates typically pay after aid.

Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.

Evidence: published tuition at Southwest Minnesota State University versus school-type, state, locale, and U.S. medians.

Evidence: average net price at Southwest Minnesota State University versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at Southwest Minnesota State University is $15,291.

Evidence College Scorecard average net price is $15,291 (cost of attendance minus average grant aid for aided undergraduates). That is about $1,969 above the Minnesota median net price. Versus town campuses, net price runs $320 above the locale median.

Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.

Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.

Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.

Key takeaway At Southwest Minnesota State University, average net price exceeds published tuition alone because net price uses a fuller cost-of-attendance base.

School guide

Southwest Minnesota State University: research record

Canonical EDsmart Data findings for Southwest Minnesota State University—costs, outcomes, admissions, and programs—with evidence and methodology notes.

Research findings

Interpretation

The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.

Financial profile

Annual tuition

$10,361

Avg. net price

$15,291

Net price by family income

Income bracketAvg. annual net price
$0–$30,000$10,559
$30,001–$48,000$11,175
$48,001–$75,000$13,153
$75,001–$110,000$18,283
$110,001+$20,701

Sticker tuition × four years (estimate, no room/board): $41,444. See cost investigation.

Student outcomes

First-year retention73.7%

Share of first-year students returning the following fall.

$43,282Median earnings (6 years after entry)

Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.

Admissions landscape

  • Broad access — most applicants are admitted.
  • Yield: 20% of admitted students enrolled.
  • Average SAT: 1050

See Admissions for the full funnel.

Is Southwest Minnesota State University a good school?

Data-framed fit—not a prestige rating.

Southwest Minnesota State University is a good school for those looking for strong completion alongside solid mid-career earnings.

EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.

Earnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for Southwest Minnesota State University.

Campus

Location

Marshall, MN

City / state

ZIP
56258-5468
NCES locale
Town remote

Compared with Town campuses nationally, net price is 2% above the median for Town campuses ($14,971 median).

Control

Institution type

Public

Control

Region
Plains
Carnegie
Master's Colleges and Universities: Medium Programs

Size

Enrollment

2,315

Total enrollment

Undergraduate
9,291
Graduate
479
Full-time share
71%

Student aid

Debt & aid

$20,500

Median federal loan debt

Pell grant share
12.07%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$61,164Estimated 4-year total cost
$15,291Average annual net price (after aid)
$41,4444-year tuition
$11,028Room & board (annual, on-campus estimate)
$1,200Books & supplies (annual estimate)
$22,589Estimated annual sticker (tuition + room/board + books)
$90,356Estimated 4-year sticker (before aid)

Tuition vs average net price after aid for Southwest Minnesota State University.

Financial Aid by Income Level

12.07% Undergraduates receiving aid through grants
15.41% Undergraduates receiving aid through loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00% 3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at Southwest Minnesota State University was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Multi-year tracker

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for Southwest Minnesota State University in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$8,074$8,074$14,519
2014$8,074$8,074$14,387
2015$8,326$8,326$14,909
2016$8,347$8,347$14,926
2017$8,610$8,610$14,708
2018$8,612$8,612$14,435
2019$8,874$8,874$14,397
2020$9,058$9,058$13,872
2021$9,482$9,482$13,683
2022$10,122$10,122$14,727
2023$10,304$10,304$14,760

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Access

How difficult is it to get in?

Acceptance Rate

62.18%Acceptance rate
2,630Total applicants
1,813Students admitted
368First-time students enrolled
20.30%Yield (enrolled ÷ admitted)

This institution has a moderate acceptance rate, accepting most qualified applicants.

Applicants → admits → first-time enrollment from College Scorecard / IPEDS. Bar widths are scaled for readability at highly selective schools.

Test Scores

1050SAT average

Scores for enrollees who submitted tests (College Scorecard).

Academic Requirements

3.20Estimated median GPA
3.0–3.4Estimated GPA range

Estimated from admission selectivity and test scores. Scorecard does not publish admitted-student GPA for most institutions.

Estimated GPA band from selectivity and test scores — not an official requirement.

Student body

Enrollment & Student Demographics

Southwest Minnesota State University reported total enrollment of about 2,315 students in the latest College Scorecard extract. The student body is about 33% male and 67% female. Enrollment by race and ethnicity includes White (69.4%), Black or African American (8.6%), and Hispanic or Latino (8.6%). About 12.07% of undergraduates receive Pell Grants. Roughly 26.9% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

71.0% Full-Time Enrollment

The total enrollment at Southwest Minnesota State University in 2024 is 2,315 students.

Undergraduate enrollment is about 9,291 students. Graduate enrollment is about 479 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

73.7%
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.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

69.4%White or Caucasian
9Reported race/ethnicity groups

Largest share of total enrollment in our College Scorecard extract.

  • White or Caucasian69.4%
  • Black or African American8.6%
  • Hispanic or Latino8.6%
  • Non-Resident Alien4.6%
  • Two or More Races3.9%
  • Asian2.7%
  • Race/ethnicity unknown1.6%
  • American Indian or Alaska Native0.5%
  • Native Hawaiian or Other Pacific Islander0.1%

College Scorecard student demographics (total enrollment shares).

Outcomes

Do students complete their programs?

Time to Complete

29.97% 100% Completion Time

45.10% 150% Completion Time

In 2024, 29.97% of students graduating from Southwest Minnesota State University completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Education, General: 26% male / 74% female
  • Business Administration and Management, General: 42% male / 58% female
  • Registered Nursing/Registered Nurse: 12% male / 88% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

449White or Caucasian
7Reported groups

Largest group by summed IPEDS award counts across reported programs.

  • White or Caucasian449
  • Black or African American41
  • Hispanic or Latino34
  • Asian15
  • Two or More Races15
  • American Indian or Alaska Native2
  • Native Hawaiian or Other Pacific Islander0

Summed across program completion records in our extract.

Outcomes & academic profile

Southwest Minnesota State University graduates earn a median of $51,342 ten years after entry

Source College ScorecardMethod Earnings + debt + net price modelsUpdated 2026 extractCoverage Institution-wideConfidence Federal extract

Finding Earnings, debt, and program mix define the financial profile of Southwest Minnesota State University.

Evidence Median earnings 10 years after entry: $51,342. Median federal loan debt: $20,500. Average net price used in cost models: $15,291.

Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.

Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.

Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.

Key takeaway Southwest Minnesota State University graduates report median earnings of $51,342 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

739%Modeled return on investment
$20,500Median student debt
$51,342Median annual earnings (10 years)
39.93%Debt-to-earnings ratio
4.0 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for Southwest Minnesota State University.

Top Programs by Completions

Largest 10 programs by IPEDS completions (48 reported codes; aggregate/unknown CIP buckets excluded).

  1. Social Work 32
  2. Computer Science 18
  3. Physical Education Teaching and Coaching 17

IPEDS award counts for the largest programs at Southwest Minnesota State University.

Employment Outcomes

$51,342Median earnings (10 years after entry)
$43,282Median earnings (6 years after entry)
$48,039Median earnings (8 years after entry)
94.44%Working & not enrolled (8-year cohort share)

Median earnings 6, 8, and 10 years after entry for Southwest Minnesota State University graduates.

How financially powerful is this institution?

Finding: federal finance and Scorecard instructional fields for Southwest Minnesota State University—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.

Institutional endowment

$18.2M

End-of-year assets · Fiscal year 2023

Start of year: $14.2M

Year change: $4.1M

  • Minnesota median 1.3× the median ($14.3M)
  • Plains median 0.76× the median ($24.1M)
  • U.S. median 0.69× the median ($26.4M)

Per FTE: $5,742

  • Minnesota median 0.66× the median ($8,738)
  • Plains median 0.38× the median ($15,020)
  • U.S. median 0.47× the median ($12,100)

Instructional Resources

  • Full-time faculty share: 51.8%
    • Minnesota median 0.8 pp below median (52.6%)
    • Plains median 12.9 pp below median (64.7%)
    • U.S. median 6.2 pp below median (58.0%)
  • Average faculty salary (monthly): $10,672
    • Minnesota median 1.2× the median ($9,138)
    • Plains median 1.5× the median ($7,194)
    • U.S. median 1.4× the median ($7,615)
  • Instructional expenditure per FTE: $7,153
    • Minnesota median 0.81× the median ($8,795)
    • Plains median 0.88× the median ($8,150)
    • U.S. median near the median ($7,288)

Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.

Southwest Minnesota State University at a glance

Institution snapshot

Southwest Minnesota State University

Marshall, MN 56258-5468 · Public · Plains

Southwest Minnesota State University is a public institution in Marshall, MN, classified as Master's Colleges and Universities: Medium Programs.

Tuition$10,361
Avg. net price$15,291
Enrollment2,315
Acceptance rate62.18%
Completion (150%)45.10%
Average SAT1050
Largest programs (IPEDS awards)
Education, GeneralBusiness Administration and Management, GeneralRegistered Nursing/Registered Nurse
Largest enrollment groups
White or Caucasian69.4%
Black or African American8.6%
Hispanic or Latino8.6%
Nearby

Schools near Southwest Minnesota State University

Other campuses in Marshall, MN when available, plus nearby institutions in Minnesota.

Peers

Similar schools

Peers matched by the same EDsmart outcomes grade (Grade C-) within Minnesota, then by similar ownership and admissions.

Frequently Asked Questions

Where is Southwest Minnesota State University located?

Southwest Minnesota State University is located in Marshall, MN.

What is Southwest Minnesota State University's acceptance rate?

The acceptance rate at Southwest Minnesota State University is 62.2% among first-time degree-seeking students reporting admissions data. IPEDS reports 2,630 applicants and 1,813 admits in the latest admissions cycle in our extract.

What is Southwest Minnesota State University's tuition?

Southwest Minnesota State University tuition (published undergraduate sticker price) is $10,361 in the latest College Scorecard data. Average net price after grant aid is $15,291 for undergraduates receiving Title IV aid.

How much does Southwest Minnesota State University cost?

Reported tuition is $10,361 and average net price is $15,291 in the latest College Scorecard data. On-campus room and board is estimated at $11,028 annually.

What explains Southwest Minnesota State University's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($15,291), completion (45.1% within 150% of normal time where reported), and median earnings ten years after entry ($51,342). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.

What is the student body demographics at Southwest Minnesota State University?

Southwest Minnesota State University reports undergraduate enrollment of about 9,291 students, White (69.4%), Black or African American (8.6%) in federal College Scorecard data.

How many first-generation students attend Southwest Minnesota State University?

About 26.9% of students at Southwest Minnesota State University are first-generation college students.

What test scores do students need for Southwest Minnesota State University?

Among enrolled students who submitted scores, Southwest Minnesota State University reports midpoint SAT about 1050.

What do graduates of Southwest Minnesota State University earn?

Median earnings are $43,282 six years after entry and $51,342 ten years after entry.

What is the graduation rate at Southwest Minnesota State University?

The 150%-time completion rate is 45.1% for the cohort reported to the College Scorecard.

How much debt do Southwest Minnesota State University students have?

Median federal loan debt among completers is $20,500.

Is Southwest Minnesota State University public or private?

Southwest Minnesota State University is a public institution located in Marshall, MN.

Data Sources

This page uses data from the following sources:

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology & Data Scope

This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.

Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.