2023 Comprehensive Report on Rankings, Costs, Graduation Rate and More
Student / Faculty
Southwest Minnesota State University
is a public, four or more years institution with a total student enrollment of 6,986. In 2021, there were 24 psychology and social work graduates. This institution ranks #20 in Minnesota and ranks #819 in the U.S. for schools that offer psychology degree programs.
Psychology Degrees Offered
Public, Four or more years
Higher Learning Commission
Psychology Programs Offered
For psychology degrees, Southwest Minnesota State University offers Community Psychology, Counseling and Applied Psychology, General Psychology and Social Work at the bachelor level.
In the table below, see the programs offered and the number of graduates in each program.
|Psychology Graduates in 2021||BS|
|Counseling and Applied Psychology||2|
In the fall of 2021, 1,672 students applied to the Southwest Minnesota State University. The university admitted 91% and 28% of those who were admitted also enrolled.
By comparison, the average number of applicants for Minnesota universities is 4,703. On average, all Minnesota institutions admit 73% and 26% of those who were admitted end up enrolling into the institution.
The percentage of Southwest Minnesota State University students who return after their first year to begin their second year is 63%. Compared to all Minnesota four or more years colleges, the percentage is 70%.
The overall graduation rate for Southwest Minnesota State University is 48%, compared to 63% for all Minnesota universities, while the number of students who transferred out of the program is 62%.
Compare SMSU to Minnesota Four or more years Colleges
Offering Psychology Degrees
Compare admission, acceptance, retention and graduation rates of Southwest Minnesota State University to the average of all Minnesota four or more years schools that offer psychology degrees.
Why it Matters
Compare Admission and Enrollment
Low admission rates and high enrollment rates denote not only how selective a school is, but also how in-demand the school is. High graduation rates show the overall success of an institution.
In the fall of 2021, there were 100 or 45% full-time instructional or research faculty members of all faculty and there were 121 or 55% part-time faculty members employed at Southwest Minnesota State University. The number of full-time instructional faculty was 100 or 45%.
Part-time teachers are paid less and cost less, so any organization with a disproportionate number of part-time teachers can invest money in more important areas. However, as part-time teachers, participants can work full-time in their profession and bring experience to the classroom.
Why it Matters
Compare Faculty Numbers
Low student faculty ratios and high full-time instructional percentages indicate that institutions focus their investments in areas that matter most to students.
For the 2021-2022 academic year at Southwest Minnesota State University the average cost of undergraduate tuition is $8,230, and the average cost for books and supplies is $1,200.
For graduate students, the average cost for tuition is $7,956 and the average cost for graduate fees is $862.
In the table below, find the average total expenses to attend Southwest Minnesota State University in 2021-2022 including tuition, room, board and living expenses for both undergraduate and graduate students.
Note that the average total expenses do not include financial aid, grants, loans or scholarships. You can find the average financial aid and net price data in the sections below.
|Expenses for Southwest Minnesota State University||2021-2022|
|On Campus Room & Board||$9,026|
|On-Campus Living Expenses||$3,010|
|Total Living Expenses||$12,036|
|Tuition for In-State, Undergraduate||$8,230|
|Books and Supplies, Undergraduate||$1,200|
|Total Undergraduate Expenses||$21,466|
|In-State, Graduate Tuition||$7,956|
|In-State, Graduate Fees||$862|
|Total Graduate Expenses||$8,818|
Average Net Price
The average net price to attend Southwest Minnesota State University is $14,061. Average net price is calculated by adding tuition, room, board, living costs, books, supplies together and then subtracting the average financial (grants, scholarships and loans) for federal financial aid recipients.
In other words, the average net price is the average amount students pay to attend this university for one year.
Average net price is calculated from the most recent data supplied by each institution to the US Department of Education and is found by subtracting the average amount of federal, state/local government, or institutional grant or scholarship aid from the total cost of attendance. The total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies, and the weighted average for room and board and other expenses.
Net Price by Family Income
Depending on the federal, state, or institutional grant aid available, the table below shows the average amount students pay to attend Southwest Minnesota State University presented by family income bracket.
Students may pay more or less depending on their individual circumstances; however, these are the average costs as tracked by the university and reported to the U.S. Department of Education.
|Average Net Price by Income||2020-2021||2021-2022|
|$0 – $30,000||$10,578||$9,266|
|$30,001 – $48,000||$10,945||$10,511|
|$48,001 – $75,000||$12,156||$13,621|
|$75,001 – $110,000||$16,682||$15,604|
|$110,001 and more||$18,155||$18,239|
Compare Southwest Minnesota State University to all Minnesota universitas that offer psychology degrees for the cost to attend, average financial aid, percent of students receiving aid and the average net price to attend.
For program ranking, we see a lower overall cost of tuition and cost of living expenses minus the average financial aid a student may receive as the ranking factor student may want to consider.
Why it Matters
Compare Average Cost to Attend and Net Price
Low student faculty ratios and high full-time instructional professors indicates to us institutions that focus their investments in areas that matter most: the education of students by the best instructors possible.
The number of beginning students who enter postsecondary education for the first time and receive financial aid is 337 or 98%.
The number of undergraduate students who receive a grant or scholarship is 1,581 and the average amount of their grant or scholarship is $6,076.
All Undergraduate Students
|Type of Aid||# Receiving Aid||Average Aid Received|
|Grant or Scholarship Aid||1,581||$6,076|
|Federal Student Loans||1,019||$6,244|
Below, compare the financial aid students receive at the Southwest Minnesota State University to all schools across the United States that offer psychology degrees.
We see higher percentages of those receiving aid and the percent that aid covers the net price of education as an indicator of the strength of the institution.
Why it Matters
Compare Financial Aid
Financial Aid can make the difference between being able to afford college or being priced out of college. Many students may find college far more affordable than they could imagine, when accounting for the various kinds of financial aid available.
See Additional Psychology Schools for Minnesota.
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