Tuition, Cost & Aid
Affordability and Cost
Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$16,221
Average Net Price By Family Income
Tuition
| In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $9,490 |
| Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $18,860 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $11,224 |
| Books and Supplies | $1,042 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
77%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students receiving state aid Students receiving federal aid
22%
Average Aid Per Year
$6,961
22%
Average Federal Grant Aid Per Year
$5,545
Average Institution Grant Aid Per Year
$2,614
32%
Average State Grant Aid Per Year
$3,215
48%
Average Federal Grant Aid Per Year
$5,545
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$28,496,356
Total Non-Need-Based Scholarships/Grants
$15,064,011
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
56%
Average Loan Amount Per Year
$9,511
Students receiving federal loans
55%
Average Federal Loans Per Year
$5,492
Average Other Loans Per Year
$12,289
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$15,000
Loan Default Rate
4%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$207
What Students Are Saying
The great thing about coming to Mankato is that many students get a lot of financial aid. So turn in your FAFSA in early so you get all the money possible. Even though all together it is around 16,000 or so, you pay so much less, it even can even compare to going to a community college near home, depending how well you did in high school and how many scholarships you have. This is really good because you get a good experience moving away from home to grow up for not that much money.
Princess from St. Paul, MN
Many resources available to you, with the money you give the school. You receive more resources and help then what you paid for.
Kelly from Mankato, MN
The school of mankato is small, but Mankato as a city is very large. There are so many places to explore on and off campus, the academics are good, and it is very cheap.
Libbie from Stillwater, MN
The cost for schooling at Mankato is very reasonable. Also, there are opportunities for students who it might be hard to afford to go to Mankato. Students are eligible for financial aid and scholarships to help pay for their college expenses.
Breanna from Eagan, MN
This school is definitely worth every penny I paid to be here!
Alyssa from New Richmond, WI
Very good for it's price.
Tuan from Bloomington, MN
it has been a great experience for me to learn how to live away from home and i've never had to share a room with anyone. i really feel i learned a lot about myself and my decision making skills improved.
Anthony from Champlin, MN
The cost for the schooling is very reasonable. Especially for how good of schooling you are getting. The cost of room and board is a little expensive, but one of the dorms are really nice and one in the making.
William from Fairmont, MN
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