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Public 4 Year

Minnesota State University-Mankato Tuition & Cost

Mankato, Minnesota

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How much does it cost to attend?

In State Minnesota Resident Sticker Price
$20,482
In State Costs for Minnesota State University Mankato
Fee Cost
Tuition$7,179
Books and Supplies$1,002
Other Fees$1,005
Room and Board $9,352
Other Expenses Budget$1,944
Out of State Resident Sticker Price
$28,533
Out of State Costs for Minnesota State University Mankato
Fee Cost
Tuition$15,230
Books and Supplies$1,002
Other Fees$1,005
Room and Board $9,352
Other Expenses Budget$1,944

Residents of Minnesota pay an annual total price of $20,482 to attend Minnesota State University Mankato on a full time basis. This fee is comprised of $7,179 for tuition, $9,352 room and board, $1,002 for books and supplies and $1,005 for other fees.

Out of state residents are charged a total cost of $28,533 which is 39.3% higher than Minnesota residents. The tuition charge is $15,230 while room and board is $9,352, books and supplies are $1,002 and other fees come in at $1,005.

All price data is sourced from the 2018/2019 U.S. Department of Education National Center for Education Statistics survey.
Can you get in?

Find out which students are getting accepted at Minnesota State University-Mankato, which are not, and how your GPA, SAT, or ACT scores compare.

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Net Price

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

Average Net Price 2017/2018
$13,704
Net Price by Income Minnesota State University Mankato
Family Income Net Price Paid
$0 to $30,000$10,993
$30,001 to $48,000$11,390
$48,001 to $75,000$13,980
$75,001 to $110,000$17,575
$110,000+$18,521

The average reported annual net price for Minnesota State University Mankato for students receiving grants or scholarship aid was $13,704 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

Finanical Aid Minnesota State University Mankato
Type Avg./Student Students Receiving
Annual Total Grant Aid $5,108 57%
Pell Grant $4,072 28%
Federal Student Loan $5,749 65%

The average reported annual net price for Minnesota State University Mankato for students receiving grants or scholarship aid was $13,704 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 State University Mankato, we've modeled a ten year student loan with an original principal value of $46,280. The loan balance of $46,280 is a four year multiple of the $11,570 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 $480 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 4.529%.

Example Loan $46,280
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $480.29
Total Interest Paid $11,354.29
Sum of All Loan Payments $57,634.29

Projected 4 Year Degree Price

4 Year Sticker Price
$81,928
Year Minnesota Residents Non Residents
1 $20,482 $28,533
2 $20,797 $28,971
3 $21,116 $29,416
4 $21,440 $29,868

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Minnesota State University Mankato to be $81,928 - assuming graduation in normal time. The estimation assumes a 1.5% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Minnesota State University Mankato
Price Per Credit 3 Credit Class 4 Credit Class
Minnesota Residents $281 $843 $1,124
Out of State Residents $604 $1,812 $2,416

Estimated cost for a class at Minnesota State University Mankato 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 State University Mankato versus other colleges.

Tuition Payment Plans Available

Minnesota State University Mankato 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=173920 IPEDS survey data for Minnesota State University Mankato.