American Institute of Business vs. Minnesota School of Business-Richfield

AIB College of Business vs. Minnesota School of Business Richfield comparison

	AIB College of Business	Minnesota School of Business Richfield	College 3	College 4
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Overview	American Institute of Business	Minnesota School of Business-Richfield
Location	Des Moines, IA	Richfield, MN
Setting	Midsize City	Large Suburban
Enrollment	348	581
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-Richfield
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	$19,167
Avg Grant Aid	$11,044	$7,125
% Receiving Grant Aid	98%	98%

Admission	American Institute of Business	Minnesota School of Business-Richfield
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-Richfield
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 (44%) Health Professions (19%) Communications Technology (10%) Computer and Information Sciences (10%) Legal Professions (9%)
Outcomes	American Institute of Business	Minnesota School of Business-Richfield
Graduation Rate	-	25%
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-Richfield
% Men	0%	0%
% Women	0%	0%
Racial Diversity	Very High	Low
HBCU	No	No
% White	45%	76%
% Black	2%	8%
% Hispanic	6%	5%
% Native American	0%	1%
% Pacific Islander	0%	1%
% Two or More Races	1%	0%
% International	2%	0%
% Unknown Race	42%	3%

Students	American Institute of Business	Minnesota School of Business-Richfield
% In-State	-	-
% Out-of-State	-	-
Campus	American Institute of Business	Minnesota School of Business-Richfield
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

• Minnesota School of Business Richfield is larger than than American Institute of Business based on total student enrollment (581 students vs. 348 students)

American Institute of Business vs. Minnesota School of Business-Richfield Cost Comparison

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

• AIB College of Business is 9% more expensive to attend than Minnesota School of Business-Richfield 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 Richfield ($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-Richfield ($12,440 vs. $19,167)
• 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 Richfield ($4,935 vs. $5,472)
• The same percent of students receive financial grant aid at AIB College of Business as Minnesota School of Business Richfield (98% vs. 98%)
• The average total grant financial aid received by AIB College of Business students is 55% larger than aid received Minnesota School of Business Richfield ($11,044 vs. $7,125)

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

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

Which is better, American Institute of Business or Minnesota School of Business-Richfield? 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-Richfield and American Institute of Business.

• Graduates from AIB College of Business earn on average $3,800 more per year than Minnesota School of Business-Richfield 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-Richfield 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-Richfield 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-Richfield 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/