by our College Data Analytics TeamThis overview lays out the cost of attending Southwest Minnesota State University, spanning what it costs to attend, projected costs over a degree, net price, debt outcomes, and aid equity.
Use the section links below to navigate this overview:
What it costs to attend Southwest Minnesota State University comes to about $22,399.00 for a single academic year.
The blocks below show what you would pay with no aid, with average aid, and as a low-income student.
| Tuition and fees | $10,361.00 |
| + Room, board & other expenses | $12,038.00 |
| Total cost | $22,399.00 |
| That is 16% above the national average net price. |
| Total cost | $22,399.00 |
| − Grants and scholarships | −$9,466.00 |
| Net price | $12,933.00 |
| That is 33% below the national average net price. |
| Total cost | $22,399.00 |
| − Grants and scholarships | −$14,198.00 |
| Net price | $8,201.00 |
| That is 57% below the national average net price. | |
| Explore each piece on the tuition & fees page plus living costs. |
Published costs have climbed year over year by roughly 3.0% per year, so the four-year total runs well above today’s cost. The tables below project the cost forward across a full degree, side by side for a low-income student with aid, a typical student with average aid, and a student paying full sticker price with no aid. The loan rows amortise the projected total over a ten-year, 6.8% repayment.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.0% | 3.0% | 3.0% |
| Freshman year | $8,450.00 | $13,325.00 | $23,079.00 |
| Senior year | $9,242.00 | $14,575.00 | $25,243.00 |
| Total 4-year net price | $35,369.00 | $55,776.00 | $96,600.00 |
| 10-year loan interest @ 6.8% | $13,474.00 | $21,249.00 | $36,801.00 |
| Total monthly payment | $407.00 | $642.00 | $1,112.00 |
| Total amount paid | $48,843.00 | $77,025.00 | $133,402.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.0% | 3.0% | 3.0% |
| Freshman year | $8,450.00 | $13,325.00 | $23,079.00 |
| Senior year | $8,706.00 | $13,730.00 | $23,779.00 |
| Total 2-year net price | $17,156.00 | $27,055.00 | $46,857.00 |
| 10-year loan interest @ 6.8% | $6,536.00 | $10,307.00 | $17,851.00 |
| Total monthly payment | $197.00 | $311.00 | $539.00 |
| Total amount paid | $23,692.00 | $37,362.00 | $64,708.00 |
Read more in the Net Price section.
The net price is the real out-of-pocket cost — what families pay after grant and scholarship aid is applied. It is usually a better planning number than the sticker cost above.
| Average net price (on-campus) | $15,291.00 |
| Average net price (off-campus) | $14,760.00 |
Net price is far from uniform: lower-income families typically pay much less after aid. The table below shows the average net price by family-income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $9,440.00 |
| $30,000 to $48,000 | $11,263.00 |
| $48,001 to $75,000 | $12,810.00 |
| $75,001 to $110,000 | $16,813.00 |
| Over $110,000 | $19,513.00 |
Get a tailored estimate from the Southwest Minnesota State University Net Price Calculator, or contact the financial aid office.
Dig into how aid is awarded on the financial aid breakdown.
Typical debt at graduation from Southwest Minnesota State University is $14,250.00, which the Department of Education classifies as a Low ($10-20k) burden category.
Here’s how debt at graduation distributes across borrowers:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,000.00 |
| 25th | $5,520.00 |
| Median (50th) | $14,250.00 |
| 75th | $25,000.00 |
| 90th | $31,500.00 |
How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.
Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.
Student debt at graduation is not evenly distributed across income levels. Below, debt is broken out by low, middle, and high family income:
| Family income | Median debt at graduation |
|---|---|
| Low income | $13,947.00 |
| Middle income | $13,743.00 |
| High income | $15,000.00 |
Whether your parents attended college is associated with differences in median debt at graduation.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $13,430.00 |
| Continuing-generation students | $16,587.00 |
The Pell Grant is the largest federal grant for undergraduates from low-income families. Pell vs non-Pell comparisons surface how debt breaks down by need.
The median debt gap between Pell and non-Pell graduates of Southwest Minnesota State University is $3,250.00. This institution is flagged by federal data for Pell-debt inequity.
The federal default-rate tier for Southwest Minnesota State University is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 5.4% |
For scale, federal Stafford loan disbursements at Southwest Minnesota State University add up to $172,430,941.00 over 10,611 recipients.
Veteran and active-military students often access dedicated federal aid programs including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 16 |
| Avg GI Bill amount | $5,893.00 |
| DoD Tuition Assistance recipients | 18 |
| Avg DoD Tuition Assistance | $3,736.00 |
Dig into veteran education benefits on the veteran aid breakdown.
The figures above are a starting point — as you weigh Southwest Minnesota State University, a few questions are worth asking:
Each page below covers one part of paying for college in more detail:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.