Southwest Minnesota State University — acceptance rate 69%, tuition $8,840Southwest Minnesota State University campus, Marshall, MN. Photo: J. Corey Butler, Public domain via Wikimedia Commons.
Outcomes
C+
63/100
Affordability
C+
55/100
Resources
C+
59/100
Experience
A+
90/100
Prestige
C
40/100
Two ratings: the overall grade compares colleges the conventional way (outcomes, cost, resources, experience, reputation). The Outcome Rating asks what students earn: 60% wage-adjusted earnings 10 years after enrolling, 25% graduation, 15% retention. Methodology
Quick Stats
7,324
Total Enrollment
44%
Graduation Rate
70%
Retention Rate
16.0:1
Student-Faculty Ratio
69%
Acceptance Rate
$14,839
Avg Net Price
🏠 Housing Market Near Southwest Minnesota State University ▼
8%
of first-year students live off campus and not with family (U.S. Dept. of Education, IPEDS). Upper-year students at most universities move off campus at much higher rates, so near-campus rental demand is typically larger than this figure suggests.
What happens to students who enroll at Southwest Minnesota State University, from the U.S. Department of Education’s College Scorecard.
$51,342
Median earnings 10 yrs after entry
$43,282
Median earnings 6 yrs after entry
$20,500
Median debt at graduation
45.1%
Completion rate (within 150% of normal time)
1,050
Average SAT
12.1%
Students receiving Pell grants
Typical debt at graduation equals about 40% of one year’s median earnings ten years after entry.
Earnings rank: 26th percentile among bachelor’s-degree-focused colleges after a partial adjustment for local wage levels (MN wage index 1.10). This drives the Outcome Rating.
Source: U.S. Department of Education College Scorecard, retrieved Oct 2026. Earnings are for federally aided students who enrolled, whether or not they graduated.
Earnings by Major at Southwest Minnesota State University
Median pay of bachelor's degree graduates by field of study, and how each program ranks against every college reporting that major — by raw pay and adjusted for state wage levels. Same school, very different paychecks.
Source: U.S. Department of Education College Scorecard, field-of-study data. Earnings are for graduates who received federal aid and were working; small programs are not reported.
For parents & investors
The Southwest Minnesota State University Town Property Report
Avg home value near campus: $246,708
Avg rent near campus: $891/mo — vs ~$694/mo campus room rate
Top nearby ZIP by cap rate: 56175 (4.0% cap, Tracy)
Get the free 1-page report: rent-vs-dorm math, the 3 best nearby ZIPs by yield,
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Costs & Financial Aid
Tuition & Fees
Category
In-State
Out-of-State
Tuition
$8,840
$8,840
Room
$6,248
Board
$4,418
Total Cost (On-Campus)
$25,712
$25,712
Financial Aid
93%
Receive Any Aid
36%
Receive Pell Grants
55%
Take Out Loans
$14,839
Avg Net Price
Net Price by Family Income
Family Income
Average Net Price
$0 - $30,000
$9,440
$30,001 - $48,000
$11,263
$48,001 - $75,000
$12,810
$75,001 - $110,000
$16,813
$110,001+
$19,513
Programs & Career Paths
Top Degree Programs
Programs ranked by number of degrees awarded annually.
🏘️ Rental Demand: ~564 students need off-campus housing
💻 Learning Mode
In-Person76%
Hybrid (Some Online)11%
Fully Online13%
📊 Age Distribution
18-24 (Traditional)26%
25-64 (Adult)9%
Frequently Asked Questions
What is the acceptance rate at Southwest Minnesota State University?
Southwest Minnesota State University has an acceptance rate of 69%.
This indicates a less selective admissions process with good chances for qualified applicants.
How much does it cost to attend Southwest Minnesota State University?
Tuition at Southwest Minnesota State University is
$8,840 for in-state students
and $8,840 for out-of-state students
.
However, the average net price after financial aid is $14,839.
What is the graduation rate at Southwest Minnesota State University?
The graduation rate at Southwest Minnesota State University is 44%.
This graduation rate is below average. Consider factors like program type and student demographics when evaluating.
Is Southwest Minnesota State University a good school?
Southwest Minnesota State University has a Repit College Score of 60/100 (Grade: C+).
Our rating evaluates five key factors:
Outcomes (C+): Graduation and retention rates
Affordability (C+): Net cost and financial aid access
Resources (C+): Class sizes and selectivity
Experience (A+): Campus life and learning format
Prestige (C): Reputation and recognition
How many students attend Southwest Minnesota State University?
Southwest Minnesota State University has a total enrollment of 7,324 students.
Is there rental demand near Southwest Minnesota State University?
Yes! Approximately 8% of students at Southwest Minnesota State University live off-campus (not with family).
That's roughly 564 students who need rental housing near campus.
Deciding between a dorm and buying near campus? Run the numbers for Southwest Minnesota State University — four years of dorm costs vs. owning, including what you’d recover at resale. Buy vs Dorm calculator →
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