American Institute of Business vs. Minnesota School of Business-Elk River

AIB College of Business vs. Minnesota School of Business Elk River comparison

	AIB College of Business	Minnesota School of Business Elk River	College 3	College 4
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Overview	American Institute of Business	Minnesota School of Business-Elk River
Location	Des Moines, IA	Elk River, MN
Setting	Midsize City	Town Fringe
Enrollment	348	135
Type	Private 4 Year	Private 4 Year
National Ranking
Religious Affiliation	-	-	-	-
Status	Non-profit	For-profit
Website	aib.edu	msbcollege.edu
Team Colors

Costs	American Institute of Business	Minnesota School of Business-Elk River
Tuition (In State)	$15,300	$14,040
Tuition (Out of State)	$15,300	$14,040
Room & Board	$4,935	$5,472
Avg Net Price	$12,440	$17,095
Avg Grant Aid	$11,044	$6,637
% Receiving Grant Aid	98%	100%

Admission	American Institute of Business	Minnesota School of Business-Elk River
Admission Chances	Calculate	Calculate
Applied	405	-
Admitted	171	-
Acceptance Rate	42.2%	Open
Enrolled %	0%	Open
Avg High School GPA	-	-
Typical High School Grades	-	-
Admissions Standards	Unavailable	Unavailable
Applicant Competition	Low
ACT Range
SAT Range
Submit Test Scores	Recommended	Not applicable
Application Deadline

Academics	American Institute of Business	Minnesota School of Business-Elk River
Student to Faculty Ratio	0:1	0:1
Popular Majors	Business (86%) Legal Professions (6%) Communications Technology (3%) Computer and Information Sciences (2%) Recreation, Leisure and Fitness Studies (2%)	Business (46%) Health Professions (36%) Legal Professions (7%) Computer and Information Sciences (4%) Homeland Security, Law Enforcement, Firefighting (4%)
Outcomes	American Institute of Business	Minnesota School of Business-Elk River
Graduation Rate	-	-
Median Earnings (After 10 years)	$39,100	$35,300
Making Student Loan Payments	61%	42%
Median Student Loan Debt	$18,327	$26,325
Median Loan Payment	$189	$272

Diversity	American Institute of Business	Minnesota School of Business-Elk River
% Men	0%	0%
% Women	0%	0%
Racial Diversity	Very High	Extremely Low
HBCU	No	No
% White	45%	90%
% Black	2%	1%
% Hispanic	6%	4%
% Native American	0%	0%
% Pacific Islander	0%	0%
% Two or More Races	1%	0%
% International	2%	0%
% Unknown Race	42%	3%

Students	American Institute of Business	Minnesota School of Business-Elk River
% In-State	-	-
% Out-of-State	-	-
Campus	American Institute of Business	Minnesota School of Business-Elk River
Campus Housing	Yes	No
Freshman Dorm Required	No	No
Meal Plan	No	No
Weekend/Evening Classes	Yes	Yes
Daycare Facility	No	No
Learn More	Details	Details

Comparable Facts

• AIB College of Business is larger than than Minnesota School of Business-Elk River based on total student enrollment (348 students vs. 135 students)

American Institute of Business vs. Minnesota School of Business-Elk River Cost Comparison

Which college is more expensive, American Institute of Business or Minnesota School of Business-Elk River?

• AIB College of Business is 9% more expensive to attend than Minnesota School of Business-Elk River for in-state tuition ($15,300.00 vs. $14,040.00)
• Out of state tuition is 9% higher at American Institute of Business than Minnesota School of Business Elk River ($15,300.00 vs. $14,040.00)
• The typical actual cost that students pay to attend (average net price) is less at AIB College of Business than Minnesota School of Business-Elk River ($12,440 vs. $17,095)
• Living costs (room and board or off-campus housing budget) at AIB College of Business are 10.9% lower than costs at Minnesota School of Business Elk River ($4,935 vs. $5,472)
• More students receive financial grant aid at Minnesota School of Business Elk River than AIB College of Business (100% vs. 98%)
• The average total grant financial aid received by AIB College of Business students is 66.4% larger than aid received Minnesota School of Business Elk River ($11,044 vs. $6,637)

Which college is harder to get into, American Institute of Business or Minnesota School of Business-Elk River? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Minnesota School of Business-Elk River or American Institute of Business .

American Institute of Business vs. Minnesota School of Business-Elk River Graduation Outcomes Comparison

Which is better, American Institute of Business or Minnesota School of Business-Elk River? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between Minnesota School of Business-Elk River and American Institute of Business.

• Graduates from AIB College of Business earn on average $3,800 more per year than Minnesota School of Business-Elk River graduates after ten years. ($39,100 vs. $35,300)
• AIB College of Business students graduate with a $7,998 lower median federal student loan debt than Minnesota School of Business-Elk River graduates. ($18,327 vs. $26,325)
• American Institute of Business graduates are paying $83 less per month on federal student loans than Minnesota School of Business-Elk River graduates. ($189 vs. $272)
• More American Institute of Business graduates are actively paying back their federal student loan debt than former Minnesota School of Business-Elk River students, three years after graduation. (61% vs. 42%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/