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Southwest Minnesota State University Tuition, Costs, & Financial Aid Information

Marshall, MN

Tuition and Expenses


Cost of Attendance
Not available
Tuition and Fees
Not reported
Room and Board
Not reported
Books and Supplies
Not reported
Other Expenses
Not reported
Payment Plans
 

Applying for Financial Aid


Financial Aid Office

Email
Web Site
Financial Aid Web Site
Net Price Calculator URL
Net Price Calculator URL

Application Process

Application Deadline
Priority deadline March 1
Award Notification
On a rolling basis beginning April 1
Methodology for Awarding Institutional Aid
Federal Methodology
Forms Required Cost to File
FAFSA
Code is 002375
Free

Profile of 2019 - 20 Financial Aid


Freshman

Financial Aid Applicants
384 (86.1%) of freshmen
Found to Have Financial Need
281 (73.2%) of applicants
Received Financial Aid
281 (100.0%) of applicants with financial need
Need Fully Met
35 (12.5%) of aid recipients
Average Percent of Need Met
49%
Average Award
$8,996
Need-Based Gift
Received by 196 (69.8%) of aid recipients, average amount $5,747
Need-Based Self-Help
Received by 234 (83.3%) of aid recipients, average amount $3,917
Merit-Based Gift
Received by 216 (76.9%) of aid recipients
Merit-Based Gift
93 (20.9%) of freshmen had no financial need and received merit aid, average amount $2,292

All Undergraduates

Financial Aid Applicants
1,608 (84.7%) of undergraduates
Found to Have Financial Need
1,243 (77.3%) of applicants
Received Financial Aid
1,232 (99.1%) of applicants with financial need
Need Fully Met
219 (17.8%) of aid recipients
Average Percent of Need Met
49%
Average Award
$8,732
Need-Based Gift
Received by 887 (72.0%) of aid recipients, average amount $5,081
Need-Based Self-Help
Received by 1,010 (82.0%) of aid recipients, average amount $4,258
Merit-Based Gift
Received by 687 (55.8%) of aid recipients
Merit-Based Gift
342 (18.0%) of undergraduates had no financial need and received merit aid, average amount $2,741

Borrowing

2019 Graduates Who Took Out Loans
93%
Average Indebtedness of 2019 Graduates
$20,234
Parents of Students Receiving Aid
5.0%
Parents of Students Not Receiving Aid
25.0%

Financial Aid Programs


Loans

Federal Loans
Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans
Available
Other Loans
Private loans

Scholarships and Grants

Need-Based Available
Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available
Academic scholarships, Creative arts/performance scholarships, Special achievements/activities, Special characteristics (minority, religious affiliation, other scholarships)

Non-Need Awards

Academic Interest/Achievement Award Areas
Agriculture, Biological Sciences, Business, Communication, Computer Science, Education, English, Foreign Languages, Mathematics, Physical Sciences, Premedicine, Social Sciences
Number of Awards
719
Top Areas (By Money Awarded)
 
Creative Arts/Performance Award Areas
Art/Fine Arts, Creative Writing, Debating, Journalism/Publications, Music, Performing Arts, Theater/Drama
Number of Awards
65
Top Areas (By Money Awarded)
 
Special Achievements/Activities Award Areas
Hobbies/Interests, Leadership
Number of Awards
6
Top Areas (By Money Awarded)
 
Special Characteristics Award Areas
Children and Siblings of Alumni, Children of Union Members/Company Employees, Ethnic Background, First-Generation College Students, Handicapped Students, International Students, Local/State Students, Members of Minorities, Previous College Experience, Veterans, Veterans' Children
Number of Awards
365
Top Areas (By Money Awarded)
 

Employment

Work-Study Programs
Federal work study available, other work study available
Average Earnings from On-Campus Employment
$2,258

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.