Cost of college went up for all students at Southwest Minnesota State University

Tuition and fees rose 3.2 percent for 2017-18 at Southwest Minnesota State University, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 3.2 percent for 2017-18 at Southwest Minnesota State University, according to the latest disclosure from the U.S. Department of Education.

Minnesota students paid $8,610 to attend the four-year public institution this year $263 more than the $8,347 charged for 2016-17.

Data shows 88 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 367 students received grants or scholarships totaling $1.68 million and 309 students took out student loans totaling more than $2.41 million.

Including all undergraduates, 1,753 students used grants or scholarships totaling $8.59 million. Another 1,468 took out $9.31 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~5,471
$8,074
$8,326
$8,347
$8,610
6.6%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the 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
162
36%
$705,965
$4,358
State / local grant or scholarship
172
39%
$437,346
$2,543
Institutional grants or scholarships
303
68%
$540,129
$1,783
Grant or scholarship aid total
367
82%
$1,683,440
$4,587
Federal student loans
304
68%
$1,662,100
$5,467
Other student loans
96
22%
$747,064
$7,782
Student loan aid
309
69%
$2,409,164
$7,797
Total student aid
393
88%

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