Minnesota State University-Mankato

www.mnsu.edu

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2020 Undergraduate Tuition

$7,504

1.49% growth from 2019

2020 Average Net Price

$15,201

After Financial Aid

2018 Student Loan

3.61%

Default Rate

2020 Acceptance Rate

67.3%

10,411 Applicants

2020 Enrolled Students

14,761

75.7% Full-Time

2020 Graduation Rate

50.4%

1,144 Graduates

About

Minnesota State University-Mankato is a higher education institution located in Blue Earth County, MN. In 2020, the most popular Bachelor's Degree concentrations at Minnesota State University-Mankato were Registered Nursing (229 degrees awarded), General Psychology (125 degrees), and General Business Administration & Management (107 degrees).

In 2020, 3,432 degrees were awarded across all undergraduate and graduate programs at Minnesota State University-Mankato. 57.8% of these degrees were awarded to women, and 42.2% awarded men. The most common race/ethnicity group of degree recipients was white (2,579 degrees), 18.6 times more than then the next closest race/ethnicity group, black or african american (139 degrees).

The median undergraduate tuition at Minnesota State University-Mankato is $7,504, which is $−15,026 less than the national average for Masters Colleges and Universities ($22,531).

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Costs

The median undergraduate tuition at Minnesota State University-Mankato is $7,504, which is $−15,026 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 $15,201.

In 2020, 84% of undergraduate students attending Minnesota State University-Mankato received financial aid through grants. Comparatively, 51% of undergraduate students received financial aid through loans.

Tuition Costs

$7,504

2020 Undergraduate Tuition

In 2020, the cost of tuition at Minnesota State University-Mankato was $7,504. The cost of tuition at Minnesota State University-Mankato is $−15,026 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,531).

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

Average Net Price

$15,201

2020 Value

5.1%

1 Year Growth

In 2020 Minnesota State University-Mankato had an average net price — the price paid after factoring in grants and loans — of $15,201. Between 2019 and 2020, the average net price of Minnesota State University-Mankato grew by 5.1%.

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

$8,663

Room and Board

$1,042

Books and Supplies

The average yearly cost of room and board at Minnesota State University-Mankato was of $8,663 in 2020. During the same period, the average yearly cost of books and supplies was $1,042. The cost of room and board increased by 3.97% between 2019 and 2020. The cost of books and supplies increased by 3.99% 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

84%

Undergraduates Receiving Financial Aid through Grants

51%

Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at Minnesota State University-Mankato received financial aid through grants or loans in 2020. This represents a growth of 55.6% with respect to 2019, 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.

3.61%

2018 Default Rate

128

Number of Defaults

In 2018 the default rate for borrower's at Minnesota State University-Mankato was 3.61%, which represents 128 out of the 3545 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 10,411 undergraduate applications in 2020, which represents a 0.599% annual growth. Out of those 10,411 applicants, 7,002 students were accepted for enrollment, representing a 67.3% acceptance rate.

There were 14,761 students enrolled at Minnesota State University-Mankato in 2020, and 0% of first-time enrollees submitted SAT scores with their applications.

Minnesota State University-Mankato has an overall enrollment yield of 32.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

67.3%

Acceptance Rate in 2020

7,002

Accepted Out of 10,411

In 2020, the undergraduate acceptance rate of Minnesota State University-Mankato was 67.3% (7,002 admissions from 10,411 applications). This is higher than the acceptance rate of 2019, which was 62.7%. Between 2019 and 2020, the number of applicants grew by 0.599%, while admissions grew by 7.89%.

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 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

Minnesota State University-Mankato has a total enrollment of 14,761 students. The full-time enrollment at Minnesota State University-Mankato is 11,173 students and the part-time enrollment is 3,588. This means that 75.7% 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 71.8% White, 5.58% Black or African American, 5.22% Hispanic or Latino, 3.6% Asian, 3.4% Two or More Races, 0.278% American Indian or Alaska Native, and 0.0542% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Minnesota State University-Mankato in full-time Undergraduate programs are most commonly White Female (40.2%), followed by White Male (32.1%) and Hispanic or Latino Female (2.94%). Students enrolled in full-time Graduate programs are most commonly White Female (44.8%), followed by White Male (19.8%) and Hispanic or Latino Female (3.4%).

Full-Time vs Part-Time Enrollment

75.7%

Full-Time Enrollment

The total enrollment at Minnesota State University-Mankato, both undergraduate and graduate, is 14,761 students. The full-time enrollment at Minnesota State University-Mankato is 11,173 and the part-time enrollment is 3,588. This means that 75.7% of students enrolled at Minnesota State University-Mankato 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 Minnesota State University-Mankato (in red) compares to similar universities.

Retention Rate over Time

79%

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 Minnesota State University-Mankato was 79%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), 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
10,592
Black or African American
823
Hispanic or Latino
771

The enrolled student population at Minnesota State University-Mankato is 71.8% White, 5.58% Black or African American, 5.22% Hispanic or Latino, 3.6% Asian, 3.4% Two or More Races, 0.278% American Indian or Alaska Native, and 0.0542% 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, 322 students (2.18%) did not report their race.

Graduates

In 2020, 536 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 (2,579 degrees awarded). There were 18.6 times more white graduates than the next closest race/ethnicity group, black or african american (139 degrees).

The most common Bachelor's Degree concentration at Minnesota State University-Mankato is Registered Nursing (229 degrees awarded), followed by General Psychology (125 degrees) and General Business Administration & Management (107 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 (192 degrees awarded), Education (571 degrees), and Cultural & Gender Studies (28 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 (1,714,300 people), Secondary school teachers (375,292 people), Education administrators (251,729 people), Special education teachers (156,563 people), and Preschool & kindergarten teachers (147,231 people).

The most specialized majors at Minnesota State University-Mankato are Parks, Recreation, & Leisure (192 degrees awarded), Education (571 degrees), Cultural & Gender Studies (28 degrees), Transportation (45 degrees), and Human Sciences (64 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, Other financial specialists, Surgeons, Physicians, and Nuclear medicine technologists and medical dosimetrists

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 (2,732,724 people), Colleges, universities & professional schools, including junior colleges (238,374 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (161,320 people), Child day care services (112,131 people), and Outpatient care centers (73,960 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.

Most Common

Registered Nursing
229 degree-majorss awarded
General Psychology
125 degree-majorss awarded
General Business Administration & Management
107 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Minnesota State University-Mankato was Registered Nursing with 229 degrees awarded.

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

Sex Breakdown for Common Majors

1,448

Degrees Awarded to Men

in 2020

1,984

Degrees Awarded to Women

in 2020

In 2020, 1,448 degrees were awarded to men at Minnesota State University-Mankato, which is 0.73 times less than the number of degrees awarded to females (1,984).

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

Most Common Male Majors

In 2020, 86 degrees were awarded to men at Minnesota State University-Mankato in Information Technology, which is 4.53 times more than the 19 female recipients with that same degree.

Most Common Female Majors

In 2020, 195 degrees were awarded to women at Minnesota State University-Mankato in Registered Nursing, which is 5.74 times more than the 34 male recipients with that same degree.

Time to Complete

25%

100% Completion Time

49%

150% Completion Time

In 2020, 25% 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, 49% completed their degrees within 150% of the normal time, and 51% 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 Female

Highest Graduation Rate (64.2%)

The student demographic with the highest graduation rate at Minnesota State University-Mankato is Female and Asian (64.2% 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, 1.57% of graduates (18 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
2,579 degrees awarded
Black or African American
139 degrees awarded
Hispanic or Latino
135 degrees awarded

The most common race/ethnicity at Minnesota State University-Mankato is white (2,579 degrees awarded). There were 18.6 times more white recipients than the next closest race/ethnicity group, black or african american (139 degrees).

2.56% of degree recipients (88 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Female
1,558 degrees awarded
White Male
1,021 degrees awarded
Black or African American Male
77 degrees awarded

The most common race/ethnicity and sex grouping at Minnesota State University-Mankato is white female (1,558 degrees awarded). There were 1.53 times more white female recipients than the next closest race/ethnicity group, white male (1,021 degrees).

Operations

Minnesota State University-Mankato has an endowment valued at nearly $52.9M, as of the end of the 2020 fiscal year. The return on its endowment was of $1.97M (3.72%), compared to the 3.19% average return ($1.26M on $39.6M) across all Masters Colleges and Universities.

In 2020, Minnesota State University-Mankato had a total salary expenditure of $257M. Minnesota State University-Mankato employs 182 Professors, 151 Associate professors, and 150 Assistant professors. Most academics at Minnesota State University-Mankato are Male Professors (108), Female Assistant professors(80), and Female Associate professors (77).

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 141 employees, and Service with 90 employees.

Endowment

$52.9M

2020 Endowment

11.4%

decline from 2019

Minnesota State University-Mankato has an endowment valued at about $52.9M, as of the end of the 2020 fiscal year. The endowment of Minnesota State University-Mankato declined 11.4% from the previous year. The value of their endowment was $13.3M 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 2020, 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.

Salary Expenditure

$116M

2020 Salaries

2.76%

growth from 2019

In 2020, Minnesota State University-Mankato paid a median of $116M in salaries, which represents 45% of their overall expenditure ($257M) and a 2.76% growth from the previous year. This is compared to a 5% growth from 2018 and a 1.27% growth from 2017.

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

Instructional Salaries

$43.5M

Instructional Salaries

494

Number of Employees

In 2020, Minnesota State University-Mankato paid a total of $43.5M to 494 employees working as instructors, which represents 37.6% 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

182 Employees

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

Most Common Non-Instructional Employee

187 Employees

In 2020, the most common positions for instructional staff at Minnesota State University-Mankato were Professor with 182 employees; Associate professor with 151 employees; and Associate professor with 150 employees.

In 2020, 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 141 employees; and Service with 90 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Female Assistant professor
Female Associate professor

In 2020, the most common demographic for instructional staff at Minnesota State University-Mankato was Male Professor with 108 employees, Female Assistant professor with 80 employees, and Female Associate professor with 77 employees.

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