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Southwest Minnesota State University

Marshall, MN·Public·2,315 students
Last updated: March 22, 2026

A good fit for students who prefer a mid-size campus and in-state Minnesota residents. no major red flags in the data. a public school with 2,315 students.

62%
Accept
2,315
Students
$15,291
Net Price
45%
Grad Rate
$41,400
Earnings
10 yr
$20,500
Debt

About This School

Southwest Minnesota State University is a public institution located in Marshall, Minnesota with approximately 2,315 undergraduate students enrolled. Southwest Minnesota State University has an open or accessible admissions process, with an acceptance rate of 62%. The average net price after financial aid is $15,291 per year. The graduation rate is 45%, and the typical graduate earns $41,400 within 10 years of enrollment.

Southwest Minnesota State University (SMSU) is a public university in Marshall, Minnesota, United States. It is part of the Minnesota State Colleges and Universities system. The university has an enrollment of approximately 8,700 students and employs 148 faculty members. It is divided into two major colleges, the College of Arts, Letters, and Sciences and the College of Business, Education, and Professional Studies.

The numbers tell a mixed story here: the net price is genuinely affordable at $14,760/year, and graduates leave with relatively low debt ($14,250), but the 44% graduation rate is a real concern — fewer than half of students who start here finish, which is worth asking hard questions about. Median earnings of $41,400 a decade out are modest but reasonable for a regional school focused on practical programs in business and education. Worth considering if you're cost-conscious and have a clear academic plan, but make sure you understand what's driving that low completion rate before committing.

Founded
1963
Setting
Remote town
Avg Faculty Salary
$10,672

Popular Programs

Education21%
Business & Marketing14%
Health Professions14%
Computer Science5%
Psychology5%
Communications3%
Social Sciences2%
Visual & Performing Arts2%

Percentage of degrees awarded. Source: College Scorecard.

Notable Alumni

Isiah Whitlock Jr.

Source: Wikidata. Used for context only.

Admissions

Test Policy: Considered but not required

SAT Scores

Average Composite1050

ACT Scores

Midpoint CompositeN/A

Cost & Financial Aid

In-State Tuition
$10,361
Out-of-State Tuition
$10,361
Avg Net Price
$15,291
after aid

Net Price by Family Income

Under $30k$10,559
$30–48k$11,175
$48–75k$13,153
$75–110k$18,283
$110k+$20,701

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants12%
Median debt at graduation$20,500

Full Cost

After Graduation

Graduation Rate
45%
within 6 years
Retention Rate
74%
freshmen returning
Earnings (10 yr)
$41,400
after enrollment
Median Debt
$20,500
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$38,500
Female graduates$32,300

Gap: 16% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$20,500
at graduation
Earnings (6 yr)
$34,900
after enrollment
Earnings (10 yr)
$41,400
after enrollment
Earnings-to-Debt Ratio: 2.0x

Solid return. Earnings outpace debt, though major choice matters.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White69%
Black9%
Hispanic/Latino9%
Asian3%
Two or more races4%
International5%

Source: U.S. Department of Education College Scorecard (2,315 undergraduates).

Contact & Location

Address

Southwest Minnesota State University

1501 State St

Marshall, MN 56258-5468

View on Google Maps →

Other Schools in Minnesota

Browse all Minnesota schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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