Financial Aid at Minnesota State University-Mankato

The average amount of financial aid is $7,300 where 64% of enrolled students have received grants or scholarship aid at Minnesota State University-Mankato. The average amount of tuition & fees is $9,490 for Minnesota residents and $18,860 for out-of-state students at Minnesota State University-Mankato.
  • Average Financial Aid: $7,300
  • Undergraduate Tuition: $18,860 ($9,490 Minnesota residents)

Explorer Minnesota State University-Mankato

All Undergraduate Student Financial Aid

For academic year 2022-2023, total 8,011 students (64% of all undergraduate students) have received grants or scholarships and the average received amount is $7,300. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at Minnesota State University-Mankato.
Financial Aid Statistics at Minnesota State University-Mankato
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid8,01164%$7,300
Pell Grants2,81422%$4,174
Federal Student Loans5,41643%$6,440

Beginning Student Financial Aid

For first time, full time beginning students (freshmen), total 1,870 students (90% of all freshmen) have received any type of financial aid and 1,835 students (89% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $6,961 and the average amount of student loan aid is $9,511. Next table shows the headcount and average received amount of financial aid by source of the aid at Minnesota State University-Mankato.
Beginning Students Financial Aid Statistics at Minnesota State University-Mankato
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid1,87090%-
Grants or Scholarship from All Sources1,51573%$6,961
Federal Grants99548%$5,545
Pell Grants48423%$4,511
Other Federal Grants99148%$3,365
State/Local Grants67232%$3,215
Institutional Grants1,09753%$2,614
Student Loans1,16256%$9,511
Federal Student Loans1,13355%$5,492
Other Student Loans39319%$12,289

Grants and Scholarship Aid By Income Level

Next table shows the number of students awarded and average grants/scholarship aid amount by income level for whom paying in-state tuition rate at Minnesota State University-Mankato. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (Minnesota State University-Mankato.
Financial Aid Statistics By Income Level at Minnesota State University-Mankato
Income LevelNumber of StudentsNumber of Students AwardedAverage Amount Aid Awarded
All level1,147828$4,012
$0-$30,000118118$9,709
$30,001-$48,000124124$9,435
$48,001-$75,000188186$7,014
$75,001-$110,000223174$2,928
$110,001 or more494226$638

Highest Tuition in Minnesota

See Colleges having the highest tuition & fees in Minnesota
Carleton College (Carleton) is a Private, 4-years school located in Northfield, MN. The 2023 tuition & fees is $65,457. The school has a total enrollment of 2,059 and student to faculty ratio is 8 to 1 (12.50%).
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Macalester College (Macalester) is a Private, 4-years school located in Saint Paul, MN. The 2023 tuition & fees is $64,908. The school has a total enrollment of 2,175 and student to faculty ratio is 10 to 1 (10.00%).
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St Olaf College (St Olaf) is a Private, 4-years school located in Northfield, MN. The 2023 tuition & fees is $56,970. The school has a total enrollment of 3,046 and student to faculty ratio is 12 to 1 (8.33%).
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Gustavus Adolphus College (Gustavus Adolphus) is a Private, 4-years school located in Saint Peter, MN. The 2023 tuition & fees is $54,310. The school has a total enrollment of 2,072 and student to faculty ratio is 11 to 1 (9.09%).
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Saint Johns University (Saint Johns) is a Private, 4-years school located in Collegeville, MN. The 2023 tuition & fees is $53,942. The school has a total enrollment of 1,645 and student to faculty ratio is 11 to 1 (9.09%).
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Lowest Tuition in Minnesota

See Colleges having the lowest tuition & fees in Minnesota (4 years colleges)
Mayo Clinic College of Medicine and Science (Mayo Clinic College of Medicine and Science) is a Private, 4-years school located in Rochester, MN. The 2023 tuition & fees is $3,257. The school has a total enrollment of 1,237 and student to faculty ratio is 4 to 1 (25.00%).
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Fond du Lac Tribal and Community College (Fond du Lac Tribal and CC) is a Public, 4-years school located in Cloquet, MN. Fond du Lac Tribal and Community College is a tribal college.The 2023 tuition & fees is $5,999 for Minnesota residents and $5,999 for out-of-state students. The school has a total enrollment of 1,648 and student to faculty ratio is 15 to 1 (6.67%).
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Bethlehem College & Seminary (Bethlehem College & Seminary) is a Private, 4-years school located in Minneapolis, MN. The 2023 tuition & fees is $7,144. The school has a total enrollment of 242 and student to faculty ratio is 13 to 1 (7.69%).
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Metropolitan State University (Metropolitan State) is a Public, 4-years school located in Saint Paul, MN. The 2023 tuition & fees is $9,684 for Minnesota residents and $9,780 for out-of-state students. The school has a total enrollment of 6,294 and student to faculty ratio is 14 to 1 (7.14%).
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Saint Cloud State University (Saint Cloud State) is a Public, 4-years school located in Saint Cloud, MN. The 2023 tuition & fees is $10,117 for Minnesota residents and $10,117 for out-of-state students. The school has a total enrollment of 10,420 and student to faculty ratio is 16 to 1 (6.25%).
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Rivalry Schools to Minnesota State University-Mankato

Compare similar and rivalry schools to Minnesota State University-Mankato with admission, tuition, and more academic facts.
Winona State University (Winona State) is a Public, 4-years school located in Winona, MN. The 2023 tuition & fees is $10,498 for Minnesota residents and $17,230 for out-of-state students. The school has a total enrollment of 6,154 and student to faculty ratio is 16 to 1 (6.25%).
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University of St Thomas (UST) is a Private, 4-years school located in Saint Paul, MN. The 2023 tuition & fees is $52,284. The school has a total enrollment of 9,025 and student to faculty ratio is 13 to 1 (7.69%).
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Crown College (Crown) is a Private, 4-years school located in Saint Bonifacius, MN. The 2023 tuition & fees is $30,200. The school has a total enrollment of 1,583 and student to faculty ratio is 17 to 1 (5.88%).
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St Olaf College (St Olaf) is a Private, 4-years school located in Northfield, MN. The 2023 tuition & fees is $56,970. The school has a total enrollment of 3,046 and student to faculty ratio is 12 to 1 (8.33%).
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Saint Mary's University of Minnesota (Saint Mary's University of Minnesota) is a Private, 4-years school located in Winona, MN. The 2023 tuition & fees is $43,160. The school has a total enrollment of 4,133 and student to faculty ratio is 17 to 1 (5.88%).
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Saint Johns University (Saint Johns) is a Private, 4-years school located in Collegeville, MN. The 2023 tuition & fees is $53,942. The school has a total enrollment of 1,645 and student to faculty ratio is 11 to 1 (9.09%).
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College of Saint Benedict (Saint Benedict) is a Private, 4-years school located in Saint Joseph, MN. The 2023 tuition & fees is $53,884. The school has a total enrollment of 1,470 and student to faculty ratio is 11 to 1 (9.09%).
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University of Northwestern-St Paul (Northwestern-St Paul) is a Private, 4-years school located in Saint Paul, MN. The 2023 tuition & fees is $36,830. The school has a total enrollment of 3,253 and student to faculty ratio is 15 to 1 (6.67%).
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University of Minnesota-Twin Cities (UMTC) is a Public, 4-years school located in Minneapolis, MN. The 2023 tuition & fees is $16,488 for Minnesota residents and $36,402 for out-of-state students. The school has a total enrollment of 54,955 and student to faculty ratio is 16 to 1 (6.25%).
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Macalester College (Macalester) is a Private, 4-years school located in Saint Paul, MN. The 2023 tuition & fees is $64,908. The school has a total enrollment of 2,175 and student to faculty ratio is 10 to 1 (10.00%).
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Hamline University (Hamline) is a Private, 4-years school located in Saint Paul, MN. The 2023 tuition & fees is $48,311. The school has a total enrollment of 2,638 and student to faculty ratio is 13 to 1 (7.69%).
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Concordia College at Moorhead (Concordia College at Moorhead) is a Private, 4-years school located in Moorhead, MN. The 2023 tuition & fees is $30,020. The school has a total enrollment of 1,903 and student to faculty ratio is 12 to 1 (8.33%).
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Bethel University (Bethel) is a Private, 4-years school located in Saint Paul, MN. The 2023 tuition & fees is $42,930. The school has a total enrollment of 3,546 and student to faculty ratio is 12 to 1 (8.33%).
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Augsburg University (Augsburg) is a Private, 4-years school located in Minneapolis, MN. The 2023 tuition & fees is $43,942. The school has a total enrollment of 3,088 and student to faculty ratio is 14 to 1 (7.14%).
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Minnesota Best Colleges

Check out the top colleges in Minnesota and compare them to get right decision.

carleton-college

Carleton CollegePrivate, 4-yearsNorthfield, MN

macalester-college

Macalester CollegePrivate, 4-yearsSaint Paul, MN

st-olaf-college

St Olaf CollegePrivate, 4-yearsNorthfield, MN

university-of-minnesota-twin-cities

University of Minnesota-Twin CitiesPublic, 4-yearsMinneapolis, MN

bethel-university

Bethel UniversityPrivate, 4-yearsSaint Paul, MN

university-of-st-thomas

University of St ThomasPrivate, 4-yearsSaint Paul, MN

All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023