Minnesota State University-Mankato

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2016 Undergraduate Tuition

$6,904

0% growth from 2015

2016 Average Net Price

$13,812

After Financial Aid

2015 Student Loan

4.85%

Default Rate

2016 Acceptance Rate

62.5%

11,428 Applicants

2016 Enrolled Students

15,165

77.1% Full-Time

2016 Graduation Rate

50.5%

1,214 Graduates

About

Minnesota State University-Mankato is a higher education institution located in Blue Earth County, MN. In 2016, the most popular Bachelor's Degree concentrations at Minnesota State University-Mankato were Registered Nursing (202 degrees awarded), General Business Administration & Management (120 degrees), and General Psychology (119 degrees).

In 2016, 3,444 degrees were awarded across all undergraduate and graduate programs at Minnesota State University-Mankato. 55.8% of these degrees were awarded to women, and 44.2% awarded men. The majority of degree recipients were white (2,715 degrees), 21.4 times more than then the next closest race/ethnicity group, black or african american (127 degrees).

The median undergraduate tuition at Minnesota State University-Mankato is $6,904, which is $-13,256 less than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Minnesota State University-Mankato is $6,904, which is $-13,256 less than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $13,812.

In 2016, 48% of undergraduate students received federal grants, while 56% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$6,904

2016 Undergraduate Tuition

In 2016, the cost of tuition at Minnesota State University-Mankato was $6,904. The cost of tuition at Minnesota State University-Mankato is $-13,256 less than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

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Average Net Price

$13,812

2016 Value

2.2%

1 Year Growth

In 2016 Minnesota State University-Mankato had an average net price — the price paid after factoring in grants and loans — of $13,812. Between 2015 and 2016, the average net price of Minnesota State University-Mankato grew by 2.2%.

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.

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Other Student Expenses

$7,754

Room and Board

$900

Books and Supplies

The average yearly cost of room and board at Minnesota State University-Mankato was of $7,754 in 2016. During the same period, the average yearly cost of books and supplies was $900. The cost of room and board increased by 7.16% between 2015 and 2016. The cost of books and supplies decreased by 1.1% during the same period.

This chart compares the average student costs at Minnesota State University-Mankato (in red) with that of similar universities.

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Financial Aid

Financial Aid by Income Level

48%

Of Undergraduates Receive Grants

56%

Of Undergraduates Receive Federal Loans

48% of undergraduate students at Minnesota State University-Mankato received grants or loans in 2016. This represents a growth of 0% with respect to 2015, when 48% 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.

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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.

4.85%

2015 Default Rate

187

Number of Defaults

In 2015 the default rate for borrower's at Minnesota State University-Mankato was 4.85%, which represents 187 out of the 3852 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.

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Admissions

Minnesota State University-Mankato received 11,428 undergraduate applications in 2016, which represents a 12.8% annual growth. Out of those 11,428 applicants, 7,141 students were accepted for enrollment, representing a 62.5% acceptance rate.

There were 15,165 students enrolled at Minnesota State University-Mankato in 2016, and 3% of first-time enrollees submitted SAT scores with their applications.

Minnesota State University-Mankato has an overall enrollment yield of 34.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

62.5%

Acceptance Rate in 2016

7,141

Accepted Out of 11,428

In 2016, the undergraduate acceptance rate of Minnesota State University-Mankato was 62.5% (7,141 admissions from 11,428 applications). This is lower than the acceptance rate of 2015, which was 66.6%. Between 2015 and 2016, the number of applicants grew by 12.8%, while admissions grew by 5.76%.

This chart compares the acceptance rate of Minnesota State University-Mankato (in red) with that of other similar universities.

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SAT Scores

3%

Submission Percentage

62

Scores Submitted

3% of enrolled first-time students at Minnesota State University-Mankato in 2016 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.

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Enrollment

Minnesota State University-Mankato has a total enrollment of 15,165 students. The full-time enrollment at Minnesota State University-Mankato is 11,690 students and the part-time enrollment is 3,475. This means that 77.1% 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 73.7% White, 4.85% Black or African American, 4.04% Hispanic or Latino, 3.54% Asian, 2.83% Two or More Races, 0.27% American Indian or Alaska Native, and 0.0462% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Minnesota State University-Mankato in full-time Undergraduate programs are majority White Female (39.4%), followed by White Male (34.6%) and Black or African American Male (2.68%). Students enrolled in full-time Graduate programs are majority White Female (43%), followed by White Male (17.2%) and Asian Female (3.08%).

Full-Time vs Part-Time Enrollment

77.1%

Full-Time Enrollment

The total enrollment at Minnesota State University-Mankato, both undergraduate and graduate, is 15,165 students. The full-time enrollment at Minnesota State University-Mankato is 11,690 and the part-time enrollment is 3,475. This means that 77.1% of students enrolled at Minnesota State University-Mankato are enrolled full-time compared with 68.7% 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.

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Retention Rate over Time

73%

2016 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 73%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Minnesota State University-Mankato had a retention rate lower than its peers.

This chart shows the retention rate over time at Minnesota State University-Mankato (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

  1. White

    11,176

  2. Black or African American

    736

  3. Hispanic or Latino

    612

The enrolled student population at Minnesota State University-Mankato is 73.7% White, 4.85% Black or African American, 4.04% Hispanic or Latino, 3.54% Asian, 2.83% Two or More Races, 0.27% American Indian or Alaska Native, and 0.0462% 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 445 students (2.93%) did not report their race.

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Graduates

In 2016, 398 more women than men received degrees from Minnesota State University-Mankato. The majority of degree recipients at Minnesota State University-Mankato are white (2,715 degrees awarded). There were 21.4 times more white graduates than the next closest race/ethnicity group, black or african american (127 degrees).

The most common Bachelor's Degree concentration at Minnesota State University-Mankato is Registered Nursing (202 degrees awarded), followed by General Business Administration & Management (120 degrees) and General Psychology (119 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 (239 degrees awarded), Cultural & Gender Studies (45 degrees), and Education (483 degrees).

Workforce

Common Jobs by Major

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 (2,023,830 people), Secondary school teachers (351,860 people), Education administrators (303,628 people), Miscellaneous managers (260,034 people), and Postsecondary teachers (193,621 people).

The most specialized majors at Minnesota State University-Mankato are Parks, Recreation, & Leisure (239 degrees awarded), Cultural & Gender Studies (45 degrees), Education (483 degrees), English (86 degrees), and Communications (164 degrees).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Minnesota State University-Mankato are Aircraft pilots & flight engineers, Chief executives & legislators, Physicians & surgeons, Dentists, and Financial managers

The most specialized majors at Minnesota State University-Mankato are Parks, Recreation, & Leisure (239 degrees awarded), Cultural & Gender Studies (45 degrees), Education (483 degrees), English (86 degrees), and Communications (164 degrees).

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Common Industries by Major

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 (3,020,872 people), Colleges, universities & professional schools, including junior colleges (437,327 people), Hospitals (238,597 people), Insurance carriers & related activities (164,379 people), and Computer Systems Design (144,507 people).

The most specialized majors at Minnesota State University-Mankato are Parks, Recreation, & Leisure (239 degrees awarded), Cultural & Gender Studies (45 degrees), Education (483 degrees), English (86 degrees), and Communications (164 degrees).

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Degrees

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

  1. 202 degrees awarded

  2. 120 degrees awarded

  3. 119 degrees awarded

In 2016, the most common bachelors degree concentration at Minnesota State University-Mankato was Registered Nursing with 202 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,523

  2. 1,921

In 2016, 1,523 degrees were awarded to men at Minnesota State University-Mankato, which is 0.793 times less than the number of degrees awarded to females (1,921).

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

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Most Common Male Majors

In 2016, 74 degrees were awarded to men at Minnesota State University-Mankato in General Business Administration & Management, which is 1.19 times more than the 62 female recipients with that same degree.

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Most Common Female Majors

In 2016, 182 degrees were awarded to women at Minnesota State University-Mankato in Registered Nursing, which is 9.1 times more than the 20 male recipients with that same degree.

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Time to Complete

22%

100% Completion Time

50%

150% Completion Time

In 2016, 22% 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, 50% completed their degrees within 150% of the normal time, and 53% 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.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

White Female

Highest Graduation Rate (57.1%)

The student demographic with the highest graduation rate at Minnesota State University-Mankato is Female and White (57.1% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

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, 2.06% of graduates (25 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    2,715 degrees awarded

  2. Black or African American

    127 degrees awarded

  3. Unknown

    116 degrees awarded

The most common race/ethnicity at Minnesota State University-Mankato is white (2,715 degrees awarded). There were 21.4 times more white recipients than the next closest race/ethnicity group, black or african american (127 degrees).

3.37% of degree recipients (116 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    1,585 degrees awarded

  2. White Male

    1,130 degrees awarded

  3. Black or African American Female

    66 degrees awarded

The most common race/ethnicity and gender grouping at Minnesota State University-Mankato is white female (1,585 degrees awarded). There were 1.4 times more white female recipients than the next closest race/ethnicity group, white male (1,130 degrees).

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Operations

Minnesota State University-Mankato has an endowment valued at nearly $38.1M, as of the end of the 2015 fiscal year. The return on its endowment was of $627k (1.65%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Minnesota State University-Mankato had a total expenditure of $212M. Of that $212M, they spent $108M on salaries and $212M on benefits.

Minnesota State University-Mankato employs 174 Professors, 164 Assistant professors, and 120 Associate professors. Most academics at Minnesota State University-Mankato are Male Professors (115), Female Assistant professors(98), and Male Assistant professors (66).

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 149 employees, Office and Administrative Support, with 142 employees, and Service with 88 employees.

Finances

Endowment

$38.1M

2015 Endowment

2.99%

growth from 2014

Minnesota State University-Mankato has an endowment valued at about $38.1M, as of the end of the 2015 fiscal year. The endowment of Minnesota State University-Mankato grew 2.99% from the previous year. The value of their endowment was $9.24M 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.

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Government Grants and Contracts

Grants & Contracts

  1. $0 - Federal

  2. $0 - State

  3. $0 - Local

As of 2015, 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.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$108M

Salary Expenditure

$212M

Benefits Expenditure

In 2015, Minnesota State University-Mankato had a total expenditure of $212M. Of that $212M, they spent $108M on salaries and $212M on benefits.

The bar chart shows the share of the primary expenses at Minnesota State University-Mankato over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Minnesota State University-Mankato as a share of total expenditure.

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Salary Expenditure

$108M

2015 Salaries

3.97%

growth from 2014

In 2015, Minnesota State University-Mankato paid a median of $108M in salaries, which represents 51.2% of their overall expenditure ($212M) and a 3.97% growth from the previous year. This is compared to a 5.38% growth from 2013 and a 5.68% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$37.1M

Instructional Salaries

463

Number of Employees

In 2015, Minnesota State University-Mankato paid a total of $37.1M to 463 employees working as instructors, which represents 34.2% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

174 Employees

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

Most Common Non-Instructional Employee

149 Employees

In 2016, the most common positions for instructional staff at Minnesota State University-Mankato were Professor with 174 employees; Assistant professor with 164 employees; and Assistant professor with 120 employees.

In 2016, 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 149 employees; Office and Administrative Support with 142 employees; and Service with 88 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Female Assistant professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Minnesota State University-Mankato was Male Professor with 115 employees, Female Assistant professor with 98 employees, and Male Assistant professor with 66 employees.

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

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