Mankato, MN Overview
Minnesota State University-Mankato is a public 4-year college located in Mankato, Minnesota. There are currently 11,354 undergraduates at Mankato and the school’s acceptance rate is 71%. The tuition at Mankato is $9,444 for in-state students and $18,814 for out-of-state.
University
City
Student Body
Undergraduate Students
11,354
Pell Grant 22%
Part-Time Undergrad Students 14%
Undergrad Students Over 25 12%
Percent Male / Female 46% / 54%
Ethnic Diversity at Mankato
71% White
9% International / Non-Citizen
6% Black
6% Hispanic
4% Asian / Pacific Islander
3% Multiracial
Academics Snapshot
Student/Faculty Ratio
21:1
Graduation Rate
53%
Popular Majors
Percent of Students
Business, Management, & Marketing
21%
21% of graduates
Health Professions & Related Programs
18%
18% of graduates
Education
7%
7% of graduates
Engineering
6%
6% of graduates
Computer & Information Sciences
5%
5% of graduates
Parks, Recreation, Leisure, & Fitness Studies
5%
5% of graduates
Psychology
4%
4% of graduates
Biological & Biomedical Sciences
4%
4% of graduates
Social Sciences
4%
4% of graduates
Communications & Journalism
4%
4% of graduates
Visual & Performing Arts
3%
3% of graduates
Homeland Security, Law Enforcement, Firefighting & Related Protective Services
3%
3% of graduates
Public Administration & Social Services
3%
3% of graduates
Transportation & Materials Moving
3%
3% of graduates
Liberal Arts & Humanities
2%
2% of graduates
Family & Consumer Sciences
2%
2% of graduates
Engineering
1%
1% of graduates
Multi/Interdisciplinary Studies.
1%
1% of graduates
English Language & Literature
1%
1% of graduates
History
1%
1% of graduates
Physical Sciences
1%
1% of graduates
Languages & Literatures
1%
1% of graduates
Mathematics
1%
1% of graduates
Scholarships & Financial Aid Snapshot
$23,234
$14,792
$17,812
Cost Breakdown
In-State
In-State Estimated Cost:
$23,234for the 2023-2024 Academic Year
Out-of-State
Out-Of-State Estimated Cost:
$32,604for the 2023-2024 Academic Year
Since Mankato is a public university, there are different costs for in-state students and out-of-state students. The sticker price at Mankato is $23,234 for in-state students in MN, and $32,604 for out-of-state students. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Mankato would look like for you, try entering your financial information into their Net Price Calculator.
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Minnesota State University-Mankato Financial Aid
Students who are applying for financial aid at Minnesota State University-Mankato need to submit the Free Application for Federal Student Aid (or FAFSA). The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Minnesota State University-Mankato is 002360.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
Midwest Student Tuition Exchange
Mankato is in a state that participates in the Midwest Student Exchange. That means that if you are a resident of Indiana, Kansas, Minnesota, Mississippi, Nebraska, North Dakota, Ohio, or Wisconsin, you may qualify for discounted tuition at Mankato. This program applies to both private and public institutions, although the discount at private institutions is lower. Check their website for more information on eligibility and what your discount would be.
Pell Grants at Minnesota State University-Mankato
23% of students at Minnesota State University-Mankato receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Minnesota State University-Mankato.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Mankato students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:
Minnesota State University-Mankato Financial Aid Resources
If you are looking for more information about financial aid and scholarships at Mankato or have questions that are specific to your personal situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
Admissions Snapshot
71%
22
Is Mankato test-optional?
Minnesota State University-Mankato is test-optional, which means that it does not require applicants to submit their SAT or ACT scores. That means that some students will submit their test scores and others will not. If you choose not to submit your ACT or SAT score, the admissions officers will weigh your grades, extracurricular activities, essays, and interviews more heavily. If you are not sure whether you should submit your standardized test scores, our guide on submitting scores to test-optional schools can help.
Regular Decision
What is the application deadline at Mankato?
Students must apply by July 1 to enroll at Mankato during the fall semester. Remember that college applications involve many pieces, including essays, a transcript, letters of recommendation, and more. Be sure to start your application as soon as you can to make sure you have enough time to make it as compelling as possible.
Student Outcomes Snapshot
Graduate Income
$56,922
Median Debt $21,106
Debt 10 years after graduation $224
Graduation Rate 53%
What is the graduation rate at Minnesota State University-Mankato?
53% of students who start at Minnesota State University-Mankato end up finishing their degree within six years of enrolling. This is 5% less than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Minnesota State University-Mankato go on to earn?
10 years after starting school at Minnesota State University-Mankato, the median earnings among students who received federal financial aid was $56,922. This is $6,531 more than the national median.
Earnings can vary widely based on many factors other than school choice. Your major and career path can cause substantial changes in your income down the line. For more information, check out our article on the average starting salary out of college.
How much do students at Mankato take out in loans?
Graduates of Mankato have to take out a median of $21,106 in federal student loans. This is $7,606 more than the national median. As you make decisions about your college loans, it’s important to inform yourself on the advantages and disadvantages of each loan option. Our guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
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