2022 Best Value Bachelor’s Degree Colleges for Actuarial Science in Minnesota (With Aid)

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Actuarial Science Schools for a Bachelor’s in Minnesota For Those Getting Aid” ranking.

In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.

Across Minnesota, there were 35 actuarial science graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 34 actuarial science graduates with average earnings and debt of $40,526 and $26,035 respectively.

This year’s “Best Value Actuarial Science Schools for a Bachelor’s in Minnesota For Those Getting Aid” ranking looked at 3 colleges that offer degrees in a bachelor’s in actuarial science. The schools that top this list are recognized because they have great actuarial science programs and cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the actuarial science program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools for a Bachelor’s in Minnesota For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Actuarial Science Schools for a Bachelor’s in Minnesota For Those Getting Aid

The following schools top our list of the Best Best Value Actuarial Science Schools for a Bachelor’s in Minnesota For Those Getting Aid.

Top 3 Best Value Bachelor’s Degree Colleges for Actuarial Science in Minnesota (With Aid)

#1

Minnesota State University - Moorhead

Moorhead, Minnesota

#2 in overall quality

$16,893 Average Net Price

You’ll be in good company if you decide to attend Minnesota State University - Moorhead. It ranked #1 on our 2022 Best Value Actuarial Science Schools for a Bachelor’s in Minnesota For Those Getting Aid list. This medium-sized school is located in Moorhead, Minnesota, and it awarded 3 bachelors’s actuarial science degrees in 2019-2020.

MSU Moorhead did well in our major quality rankings, too. It placed #2 on our “Best Actuarial Science Bachelor’s Degree Schools in Minnesota” list. It costs about $16,893 for minnesota bachelor’s degree actuarial science students with aid per year to attend Minnesota State University - Moorhead.

The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Full Minnesota State University - Moorhead Actuarial Science Report

#2

Saint Mary's University of Minnesota

Winona, Minnesota

#3 in overall quality

$19,514 Average Net Price

You’ll join some of the best and brightest minds around if you attend Saint Mary’s University of Minnesota. The school came in at #2 for the Best Value Actuarial Science Schools for a Bachelor’s in Minnesota For Those Getting Aid. Saint Mary’s University of Minnesota is a medium-sized private not-for-profit school situated in Winona, Minnesota. It awarded 2 bachelors’s actuarial science degrees in 2019-2020.

SMU MN did well in our major quality rankings, too. It placed #3 on our “Best Actuarial Science Bachelor’s Degree Schools in Minnesota” list. The yearly cost to attend SMU MN is $19,514 for Minnesota Bachelor’s Degree Actuarial Science students with aid.

The student loan default rate at the school is 3.1%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Actuarial Science at SMU MN

#3

University of St Thomas Minnesota

Saint Paul, Minnesota

#1 in overall quality

$29,155 Average Net Price

Out of the 3 schools in the Best Value Actuarial Science Schools for a Bachelor’s in Minnesota For Those Getting Aid that were part of this year’s ranking, University of St Thomas Minnesota landed the #3 spot on the list. Saint Paul, Minnesota is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s actuarial science degrees to 29 students in 2019-2020.

UST MN not only placed well in this ranking. It is also #1 on our “Best Actuarial Science Bachelor’s Degree Schools in Minnesota” list. The estimated yearly cost for University of St Thomas Minnesota is $29,155 for Minnesota Bachelor’s Degree Actuarial Science students with aid.

The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.

Read more about Actuarial Science at UST MN

• Best Value Bachelor’s Degree Colleges for Actuarial Science in the Plains States Region (With Aid)
• Best Value Bachelor’s Degree Colleges for Actuarial Science (With Aid)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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