Bethany Lutheran College

Mankato, Minnesota

Private Nonprofit City: Small

Bethany Lutheran College is a private nonprofit institution in Mankato, Minnesota enrolling 669 students, according to the U.S. Department of Education College Scorecard. The acceptance rate is 39.0% with an average SAT of 1,150. Graduates earn a median of $46,110 ten years after enrollment, based on U.S. Treasury tax records linked to federal financial aid data. The average net price after financial aid is $20,148. This profile includes admissions data, graduation rates, program-level earnings, and cost breakdowns to help students compare colleges using official federal data.

What the IPEDS & College Scorecard Data Shows for Bethany Lutheran College

Bethany Lutheran College operates as a private nonprofit institution located in Mankato, Minnesota (city: small), with a total reported enrollment of 669 students of which 910 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Bethany Lutheran College is categorized as “21” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 39.0%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,150. The average net price after grants and scholarships is $20,148, with published in-state tuition of $31,360 and a Pell grant recipient share of 22.5%. Median federal student debt at graduation is $23,000, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 56.9%, and the first-year retention rate is 72.0%. Graduates earn a median of $46,110 ten years after enrolling, compared with $40,652 six years post-enrollment. Within three years of entering repayment, 36900.0% of borrowers are making progress on their federal loans, and 54.6% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.

Quick Facts

669
Total enrollment
39.0%
Acceptance rate
1,150
SAT average
56.9%
4-yr graduation rate
$46,110
10-yr median earnings
72.0%
First-year retention

Admissions

Admission Rate 39.0%
SAT Average 1,150
SAT Math (25th-75th) 490 – 600
SAT Reading (25th-75th) 550 – 580
ACT (25th-75th) 21 – 26

Costs & Financial Aid

Tuition & Net Price

In-State Tuition $31,360
Out-of-State Tuition $31,360
Average Net Price $20,148

Net Price by Family Income

$0 – $30,000 $12,571
$30,001 – $48,000 $16,564
$48,001 – $75,000 $17,233
Over $110,000 $24,961
22.5%
Pell Grant Rate
43.8%
Federal Loan Rate
$23,000
Median Debt
$244/mo
Monthly Payment

Student Demographics

White 66.1%
African American 3.1%
Hispanic or Latino 5.8%
Asian 1.2%
American Indian or Alaska Native 0.1%
Pacific Islander 0.1%
Two or More Ethnicities 2.8%
International 19.9%
55.4%
Female

Outcomes

56.9%
4-Year Completion Rate
72.0%
Retention Rate
$40,652
Median Earnings (6yr)
$46,110
Median Earnings (10yr)
54.6%
Earning Over $25K
36900.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Business Administration, Management and Operations Bachelor's 34 $53,811 $21,500
Biology, General Bachelor's 7 $29,685
Communication and Media Studies Bachelor's 10 $27,488
Fine and Studio Arts Bachelor's 2 $25,194

Frequently Asked Questions

What are the admissions statistics for Bethany Lutheran College?
Bethany Lutheran College is a private nonprofit institution in Mankato, Minnesota. The acceptance rate is 39.0%. The average SAT score is 1,150. Total enrollment is 669 students.
How much do Bethany Lutheran College graduates earn?
Graduates of Bethany Lutheran College earn a median of $46,110 ten years after enrollment. Six years after enrollment, median earnings are $40,652.
How much does Bethany Lutheran College cost?
The average net price at Bethany Lutheran College is $20,148. In-state tuition is $31,360 and out-of-state tuition is $31,360. Median student debt at graduation is $23,000.
What is the graduation rate at Bethany Lutheran College?
Bethany Lutheran College has a 4-year completion rate of 56.9%. The first-year retention rate is 72.0%.
Is Bethany Lutheran College worth the student debt?
The median student debt at Bethany Lutheran College is $23,000, while graduates earn a median of $46,110 ten years after enrollment. That debt represents about 50% of first-year post-graduation earnings. 36900.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $244.

Data Sources

Data as of 2024-25 academic year. Source: U.S. Department of Education College Scorecard.

Primary: U.S. Department of Education, College Scorecard. Data reflects most recent available year.

Institutional characteristics: IPEDS (Integrated Postsecondary Education Data System) institutional characteristics file.

Earnings: Median earnings 6 and 10 years after enrollment, from U.S. Treasury tax records linked to federal student aid data.

Program data: Credential-level earnings from the College Scorecard Field of Study dataset.

All federal data sources used on this page

Earnings data sourced from IRS records via the U.S. Treasury–Department of Education matching used by the College Scorecard.