Minnesota students paid $8,612 to attend the four-year public institution this year – $2 more than the $8,610 charged for 2017-18.
Data shows 92 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 285 students received grants or scholarships totaling $1.7 million and 214 students took out student loans totaling more than $1.5 million.
Including all undergraduates (7,167), 1,607 students used grants or scholarships totaling $8.7 million, and 1,309 students took out $8.3 million in federal student loans.
The cost of attending
| Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
|---|---|---|---|---|---|---|
| In-state | ~5,232 | $8,326 | $8,347 | $8,610 | $8,612 | 3.4% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Southwest Minnesota State University in 2015-16.| Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 122 | 37% | $569,200 | $4,666 |
| State / local grant or scholarship | 140 | 43% | $392,176 | $2,801 |
| Institutional grants or scholarships | 256 | 78% | $705,873 | $2,757 |
| Grant or scholarship aid total | 285 | 87% | $1,667,249 | $5,850 |
| Federal student loans | 210 | 64% | $1,110,513 | $5,288 |
| Other student loans | 52 | 16% | $384,321 | $7,391 |
| Student loan aid | 214 | 65% | $1,494,834 | $6,985 |
| Total student aid | 304 | 92% | - | - |
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