Minnesota State University-Mankato

What the IPEDS & College Scorecard Data Shows for Minnesota State University-Mankato

Minnesota State University-Mankato operates as a public institution located in Mankato, Minnesota (city: small), with a total reported enrollment of 11,703 students of which 15,963 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. Minnesota State University-Mankato is categorized as “18” 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 88.4%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,150 and an ACT midpoint of 22. The average net price after grants and scholarships is $19,139, with published in-state tuition of $9,572 and a Pell grant recipient share of 21.0%. Median federal student debt at graduation is $21,106, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 54.0%, and the first-year retention rate is 80.3%. Graduates earn a median of $56,922 ten years after enrolling, compared with $50,098 six years post-enrollment. Within three years of entering repayment, 628100.0% of borrowers are making progress on their federal loans, and 73.8% 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.