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Minnesota School of Business-Shakopee Tuition & Cost


How much does it cost to attend?

Sticker Price
$20,403
Costs for Minnesota School of Business Shakopee
Fee Cost
Tuition$14,040
Books and Supplies$1,152
Other Fees$0
Estimated Off Campus Cost of Living $5,211
Other Expenses Budget$0

Annual Prices

The annual list price to attend Minnesota School of Business Shakopee on a full time basis for 2017/2018 is $20,403 for all students regardless of their residency. This fee is comprised of $14,040 for tuition, $5,211 room and board, $1,152 for books and supplies and $0 for other fees. Out of state tuition for Minnesota School of Business Shakopee is $14,040, the same as Minnesota residents.


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Net Price

Net price is indicative of what it actually costs to attend Minnesota School of Business Shakopee when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2017/2018
$20,966
Net Price by Income Minnesota School of Business Shakopee
Family Income Net Price Paid
$0 to $30,000$18,675
$30,001 to $48,000$18,519
$48,001 to $75,000$23,574
$75,001 to $110,000$17,712
$110,000+$25,138

The average reported annual net price for Minnesota School of Business Shakopee for students receiving grants or scholarship aid was $20,966 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid Minnesota School of Business Shakopee
Type Avg./Student Students Receiving
Annual Total Grant Aid $0 0%
Pell Grant $3,969 53%
Federal Student Loan $9,623 82%

The average reported annual net price for Minnesota School of Business Shakopee for students receiving grants or scholarship aid was $20,966 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Minnesota School of Business Shakopee, we've modeled a ten year student loan with an original principal value of $97,228. The loan balance of $97,228 is a four year multiple of the $24,307 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,015 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 4.7%.

Example Loan $97,228
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,015.17
Total Interest Paid $24,592.55
Sum of All Loan Payments $121,820.55

Projected 4 Year Degree Price

4 Year Sticker Price
$81,612
Year 1 Year 2 Year 3 Year 4
All Residents $20,403 $21,831 $23,359 $24,995

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Minnesota School of Business Shakopee to be $81,612 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 4 years which is the national trend.

Cost Credit Hour and Price per Class

Credit Hour and Class Costs at Minnesota School of Business Shakopee
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $435 $1,305 $1,740

Estimated cost for a class at Minnesota School of Business Shakopee based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Minnesota School of Business Shakopee versus other colleges.

Tuition Payment Plans Available

Minnesota School of Business Shakopee Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=445939 IPEDS survey data for Minnesota School of Business Shakopee.