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.
$14,397
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. | $10,304 |
| 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. | $10,304 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $10,666 |
| Books and Supplies | $1,200 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
49%
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
10%
Average Aid Per Year
$7,389
10%
Average Federal Grant Aid Per Year
$4,212
Average Institution Grant Aid Per Year
$3,631
30%
Average State Grant Aid Per Year
$3,341
70%
Average Federal Grant Aid Per Year
$4,212
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.
$5,403,076
Total Non-Need-Based Scholarships/Grants
$3,762,879
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.
59%
Average Loan Amount Per Year
$7,616
Students receiving federal loans
55%
Average Federal Loans Per Year
$5,109
Average Other Loans Per Year
$11,172
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.
$14,190
Loan Default Rate
5%
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.
$208
What Students Are Saying
Yup! A lot cheaper but better education! The banded credits works out great!
AM from MN
Southwest State is one of the cheapest MnScu schools out there. You get a quality four year education for a very reasonable price. My teachers tell me that they consider Southwest State a private college at a public school price. I would have to agree with them.
Tim from Sartell, MN
SMSU is one of the cheaper schools and it's kind of the reason I chose it. Plus everyone is so friendly, you really do matter here. Not to mention they have the only planetarium in southwest MN. Closest one is the Twin Cities or Fargo/Moorhead, that I know of. Marshall is great about discounts for students as well. Carry your ID with you always, you don't know what you might be saving!
Angela from Detroit Lakes, MN
The price for college, and the experience I have received so far, It is DEFINITELY worth the money!
Kayla from Marshall, MN
You get what you pay for
Trisha from Lamberton, MN
Super cheap tuition but experienced and well educated professors. NO CLASSES ARE TAUGHT BY TA's all classes are taught by licensed professors. 95% of classes are 30 students or less the maximum for general lecture classes if like 95 students. Small class sizes means you get to know your professors.
Katie from Cokato, MN
Southwest Minnesota State University is one of the cheaper colleges to attend in Minnesota. The tuition is the same for in and out-of-state students. SMSU is a good option for a student who is looking for a good education at a price they can afford.
Amber from Browerville, MN
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