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Can You Afford Minnesota State University-Mankato?

Below is the data on what it actually costs to attend Minnesota State University-Mankato, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.

$22,565.00 Cost of Attendance
$19,139.00 Avg Net Price
$14,000.00 Median Grad Debt

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The Cost of Attending Minnesota State University-Mankato?

The full cost of attending Minnesota State University-Mankato spanned $22,565.00 ranging to $31,935.00 depending on residency and living arrangement.

The lower figure reflects the in-state rate and the higher figure the out-of-state rate: about $22,565.00 in-state, rising to $31,935.00 for non-residents.

Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.

Sticker Cost for Residents (no aid)

Tuition and fees $9,572.00
+ Room, board & other expenses $12,993.00
Total cost $22,565.00
That is 17% above the national average net price.

What Students Actually Pay — Residents (with average aid)

Total cost $22,565.00
− Grants and scholarships −$4,856.00
Net price $17,709.00
That is 8% below the national average net price.

What Low-Income Students Pay — Residents

Total cost $22,565.00
− Grants and scholarships −$11,656.00
Net price $10,909.00
That is 43% below the national average net price.

The Full Cost for Non-Residents (no aid)

Tuition and fees $18,942.00
+ Room, board & other expenses $12,993.00
Total cost $31,935.00
That is 66% above the national average net price.

After-Aid Net Price for Non-Residents (with average aid)

Total cost $31,935.00
− Grants and scholarships −$4,856.00
Net price $27,079.00
That is 41% above the national average net price.

Low-Income Net Price for Non-Residents

Total cost $31,935.00
− Grants and scholarships −$11,656.00
Net price $20,279.00
That is 5% above the national average net price.
Go deeper on the components with the tuition & fees page and room and board.

What a Full Degree Could Cost at Minnesota State University-Mankato

Cost of attendance here has been rising by roughly 1.4% per year; the projections below compound that across a degree. 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.

In-State Projected Costs

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 1.4% 1.4% 1.4%
Freshman year $11,056.00 $17,948.00 $22,870.00
Senior year $11,511.00 $18,686.00 $23,809.00
Total 4-year net price $45,130.00 $73,261.00 $93,350.00
10-year loan interest @ 6.8% $17,193.00 $27,910.00 $35,563.00
Total monthly payment $519.00 $843.00 $1,074.00
Total amount paid $62,323.00 $101,171.00 $128,913.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 1.4% 1.4% 1.4%
Freshman year $11,056.00 $17,948.00 $22,870.00
Senior year $11,206.00 $18,191.00 $23,179.00
Total 2-year net price $22,262.00 $36,139.00 $46,049.00
10-year loan interest @ 6.8% $8,481.00 $13,768.00 $17,543.00
Total monthly payment $256.00 $416.00 $530.00
Total amount paid $30,743.00 $49,907.00 $63,592.00

Out-of-State Residents

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 1.4% 1.4% 1.4%
Freshman year $20,553.00 $27,445.00 $32,366.00
Senior year $21,397.00 $28,572.00 $33,696.00
Total 4-year net price $83,893.00 $112,024.00 $132,113.00
10-year loan interest @ 6.8% $31,960.00 $42,677.00 $50,330.00
Total monthly payment $965.00 $1,289.00 $1,520.00
Total amount paid $115,853.00 $154,701.00 $182,443.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 1.4% 1.4% 1.4%
Freshman year $20,553.00 $27,445.00 $32,366.00
Senior year $20,831.00 $27,816.00 $32,804.00
Total 2-year net price $41,384.00 $55,260.00 $65,170.00
10-year loan interest @ 6.8% $15,766.00 $21,052.00 $24,827.00
Total monthly payment $476.00 $636.00 $750.00
Total amount paid $57,149.00 $76,313.00 $89,998.00

See the full net-price breakdown in the net price section below.

What Families Actually Pay at Minnesota State University-Mankato

Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.

Average net price (on-campus) $19,139.00
Average net price (off-campus) $18,609.00

Net price is far from uniform: lower-income families typically pay much less after aid. Here is the average net price for each family-income range:

Family income Average net price
Under $30,000 $11,920.00
$30,000 to $48,000 $12,568.00
$48,001 to $75,000 $15,200.00
$75,001 to $110,000 $19,870.00
Over $110,000 $21,860.00

Estimate your specific net price using the school’s Minnesota State University-Mankato Net Price Calculator, or contact the financial aid office.

For the grant-and-scholarship detail behind these figures, see the financial aid page.

Graduate Debt at Minnesota State University-Mankato

The median amount borrowed by graduates of Minnesota State University-Mankato amounts to $14,000.00, placing the school in the Low ($10-20k) debt-burden bucket.

Here’s how debt at graduation distributes across borrowers:

Percentile Debt at graduation
10th $3,500.00
25th $5,500.00
Median (50th) $14,000.00
75th $25,250.00
90th $31,000.00

The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.

For the full borrowing and repayment picture, see the student-loan-debt breakdown.

Debt by Family Income at Minnesota State University-Mankato

Median debt at graduation differs meaningfully across income brackets. The table below divides borrowers into three income tiers:

Family income Median debt at graduation
Low income $12,679.00
Middle income $14,000.00
High income $14,577.00

First-Gen vs Continuing-Gen Debt at Minnesota State University-Mankato

First-generation students frequently graduate with different debt than continuing-generation students.

Student group Median debt at graduation
First-generation students $14,000.00
Continuing-generation students $14,250.00

How Pell Eligibility Shapes Debt at Minnesota State University-Mankato

The Pell Grant is the main federal need-based award for undergraduates. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.

The Pell vs non-Pell debt gap at Minnesota State University-Mankato works out to $2,219.00. This school carries a federal Pell-debt-inequity flag.

Default and Repayment Outcomes at Minnesota State University-Mankato

The Department of Education default-rate tier for Minnesota State University-Mankato is Low (<5%).

Window Cohort default rate
2-year 3.5%

For scale, federal Stafford loan disbursements at Minnesota State University-Mankato reach $768,664,676.00 across 45,072 disbursements.

Veterans Aid at Minnesota State University-Mankato

Veterans and active-duty service members may qualify for substantial federal education benefits including the GI Bill and Tuition Assistance from the Department of Defense.

GI Bill recipients 152
Avg GI Bill amount $6,006.00
DoD Tuition Assistance recipients 139
Avg DoD Tuition Assistance $3,302.00

Read more about military and veteran aid on the veterans benefits detail.

Further Questions to Consider

The figures above are a starting point — as you weigh Minnesota State University-Mankato, think through the questions below:

Dig Deeper regarding Minnesota State University-Mankato

Use the pages below to go deeper on a specific part of the cost story:

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.

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