Southwest Minnesota State University

Marshall, Minnesota

Public Town: Remote

Southwest Minnesota State University is a public institution in Marshall, Minnesota enrolling 2,315 students, according to the U.S. Department of Education College Scorecard. The acceptance rate is 62.2% with an average SAT of 1,050. Graduates earn a median of $51,342 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 $15,291. 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 Southwest Minnesota State University

Southwest Minnesota State University operates as a public institution located in Marshall, Minnesota (town: remote), with a total reported enrollment of 2,315 students of which 8,300 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. Southwest Minnesota State University 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 62.2%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,050. The average net price after grants and scholarships is $15,291, with published in-state tuition of $10,361 and a Pell grant recipient share of 12.1%. Median federal student debt at graduation is $20,500, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 44.6%, and the first-year retention rate is 73.7%. Graduates earn a median of $51,342 ten years after enrolling, compared with $43,282 six years post-enrollment. Within three years of entering repayment, 145900.0% of borrowers are making progress on their federal loans, and 67.3% 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

2,315
Total enrollment
62.2%
Acceptance rate
1,050
SAT average
44.6%
4-yr graduation rate
$51,342
10-yr median earnings
73.7%
First-year retention

Admissions

Admission Rate 62.2%
SAT Average 1,050
ACT (25th-75th) 16 – 23

Costs & Financial Aid

Tuition & Net Price

In-State Tuition $10,361
Out-of-State Tuition $10,361
Average Net Price $15,291

Net Price by Family Income

$0 – $30,000 $10,559
$30,001 – $48,000 $11,175
$48,001 – $75,000 $13,153
Over $110,000 $20,701
12.1%
Pell Grant Rate
15.4%
Federal Loan Rate
$20,500
Median Debt
$217/mo
Monthly Payment

Student Demographics

White 69.4%
African American 8.6%
Hispanic or Latino 8.6%
Asian 2.7%
American Indian or Alaska Native 0.5%
Pacific Islander 0.1%
Two or More Ethnicities 3.9%
International 4.6%
59.8%
Female
26.9%
First Generation

Outcomes

44.6%
4-Year Completion Rate
73.7%
Retention Rate
$43,282
Median Earnings (6yr)
$51,342
Median Earnings (10yr)
67.3%
Earning Over $25K
145900.0%
Loan Repayment (3yr)

Programs & Earnings

Program Credential Completers Median Earnings Median Debt
Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing Bachelor's 81 $83,735 $13,875
Business Administration, Management and Operations Master's 23 $68,009
Teacher Education and Professional Development, Specific Subject Areas Master's 15 $67,751
Criminal Justice and Corrections Bachelor's 16 $64,654 $26,000
Education, General Master's 95 $60,873 $17,448
Finance and Financial Management Services Bachelor's 11 $59,824 $21,500
Marketing Bachelor's 9 $58,574 $19,747
Business Administration, Management and Operations Bachelor's 45 $55,559 $20,500
Sports, Kinesiology, and Physical Education/Fitness Bachelor's 40 $54,554 $18,000
Accounting and Related Services Bachelor's 10 $47,729
Psychology, General Bachelor's 20 $47,249 $25,125
Teacher Education and Professional Development, Specific Subject Areas Bachelor's 22 $47,219 $29,000
Social Work Bachelor's 15 $45,467
Teacher Education and Professional Development, Specific Levels and Methods Bachelor's 38 $43,904 $21,977
Agricultural Business and Management Bachelor's 9 $42,123
Special Education and Teaching Bachelor's 23 $41,937 $24,883
Hospitality Administration/Management Bachelor's 7 $35,060
Biology, General Bachelor's 10 $33,993 $23,500
Sociology Bachelor's 5 $32,925
Rhetoric and Composition/Writing Studies Bachelor's 3 $31,133
Education, General Bachelor's 6 $28,700
Fine and Studio Arts Bachelor's 5 $26,896

Frequently Asked Questions

What are the admissions statistics for Southwest Minnesota State University?
Southwest Minnesota State University is a public institution in Marshall, Minnesota. The acceptance rate is 62.2%. The average SAT score is 1,050. Total enrollment is 2,315 students.
How much do Southwest Minnesota State University graduates earn?
Graduates of Southwest Minnesota State University earn a median of $51,342 ten years after enrollment. Six years after enrollment, median earnings are $43,282.
How much does Southwest Minnesota State University cost?
The average net price at Southwest Minnesota State University is $15,291. In-state tuition is $10,361 and out-of-state tuition is $10,361. Median student debt at graduation is $20,500.
What is the graduation rate at Southwest Minnesota State University?
Southwest Minnesota State University has a 4-year completion rate of 44.6%. The first-year retention rate is 73.7%.
Is Southwest Minnesota State University worth the student debt?
The median student debt at Southwest Minnesota State University is $20,500, while graduates earn a median of $51,342 ten years after enrollment. That debt represents about 40% of first-year post-graduation earnings. 145900.0% of borrowers are repaying their loans within 3 years. Estimated monthly loan payment is $217.

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.