Graceland University-Lamoni vs. Minnesota School of Business-Elk River

Graceland University Lamoni vs. Minnesota School of Business Elk River comparison

	Graceland University Lamoni	Minnesota School of Business Elk River	College 3	College 4
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Overview	Graceland University-Lamoni	Minnesota School of Business-Elk River
Location	Lamoni, IA	Elk River, MN
Setting	Remote Rural	Town Fringe
Enrollment	1,237	135
Type	Private 4 Year	Private 4 Year
National Ranking	#648
Religious Affiliation	Other (none of the above)	-	-	-
Status	Non-profit	For-profit
Website	graceland.edu	msbcollege.edu
Team Colors

Costs	Graceland University-Lamoni	Minnesota School of Business-Elk River
Tuition (In State)	$31,250	$14,040
Tuition (Out of State)	$31,250	$14,040
Room & Board	$10,100	$5,472
Avg Net Price	$16,627	$17,095
Avg Grant Aid	$29,753	$6,637
% Receiving Grant Aid	100%	100%

Admission	Graceland University-Lamoni	Minnesota School of Business-Elk River
Admission Chances	Calculate	Calculate
Applied	2,011	-
Admitted	1,498	-
Acceptance Rate	74.5%	Open
Enrolled %	13.5%	Open
Avg High School GPA	3.22	-
Typical High School Grades	B	-
Admissions Standards	Very Easy	Unavailable
Applicant Competition	Low
ACT Range	16/24
SAT Range	880/1120
Submit Test Scores	Not required for admission, but considered if submitted (Test Optional)	Not applicable
Application Deadline

Academics	Graceland University-Lamoni	Minnesota School of Business-Elk River
Student to Faculty Ratio	13:1	0:1
Popular Majors	Education (27%) Health Professions (21%) Business (19%) Visual and Performing Arts (6%) Liberal Arts and Humanities (6%)	Business (46%) Health Professions (36%) Legal Professions (7%) Computer and Information Sciences (4%) Homeland Security, Law Enforcement, Firefighting (4%)
Outcomes	Graceland University-Lamoni	Minnesota School of Business-Elk River
Graduation Rate	51%	-
Median Earnings (After 10 years)	$41,000	$35,300
Making Student Loan Payments	63%	42%
Median Student Loan Debt	$23,544	$26,325
Median Loan Payment	$243	$272

Diversity	Graceland University-Lamoni	Minnesota School of Business-Elk River
% Men	45%	0%
% Women	55%	0%
Racial Diversity	Medium	Extremely Low
HBCU	No	No
% White	61%	90%
% Black	11%	1%
% Hispanic	12%	4%
% Native American	0%	0%
% Pacific Islander	1%	0%
% Two or More Races	4%	0%
% International	3%	0%
% Unknown Race	7%	3%

Students	Graceland University-Lamoni	Minnesota School of Business-Elk River
% In-State	21%	-
% Out-of-State	68%	-
Campus	Graceland University-Lamoni	Minnesota School of Business-Elk River
Campus Housing	Yes	No
Freshman Dorm Required	No	No
Meal Plan	Yes	No
Weekend/Evening Classes	No	Yes
Daycare Facility	No	No
Learn More	Details	Details

Comparable Facts

• Graceland University Lamoni is larger than than Minnesota School of Business-Elk River based on total student enrollment (1,237 students vs. 135 students)

Graceland University-Lamoni vs. Minnesota School of Business-Elk River Cost Comparison

Which college is more expensive, Graceland University-Lamoni or Minnesota School of Business-Elk River?

• Graceland University Lamoni is 122.6% more expensive to attend than Minnesota School of Business-Elk River for in-state tuition ($31,250.00 vs. $14,040.00)
• Out of state tuition is 122.6% higher at Graceland University-Lamoni than Minnesota School of Business Elk River ($31,250.00 vs. $14,040.00)
• The typical actual cost that students pay to attend (average net price) is less at Graceland University Lamoni than Minnesota School of Business-Elk River ($16,627 vs. $17,095)
• Living costs (room and board or off-campus housing budget) at Minnesota School of Business Elk River are 84.6% lower than costs at Graceland University Lamoni ($5,472 vs. $10,100)
• The same percent of students receive financial grant aid at Graceland University Lamoni as Minnesota School of Business Elk River (100% vs. 100%)
• The average total grant financial aid received by Graceland University Lamoni students is 348.3% larger than aid received Minnesota School of Business Elk River ($29,753 vs. $6,637)

Which college is harder to get into, Graceland University-Lamoni 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 Graceland University-Lamoni .

Graceland University-Lamoni vs. Minnesota School of Business-Elk River Graduation Outcomes Comparison

Which is better, Graceland University-Lamoni 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 Graceland University-Lamoni.

• Graduates from Graceland University Lamoni earn on average $5,700 more per year than Minnesota School of Business-Elk River graduates after ten years. ($41,000 vs. $35,300)
• Graceland University Lamoni students graduate with a $2,781 lower median federal student loan debt than Minnesota School of Business-Elk River graduates. ($23,544 vs. $26,325)
• Graceland University-Lamoni graduates are paying $29 less per month on federal student loans than Minnesota School of Business-Elk River graduates. ($243 vs. $272)
• More Graceland University-Lamoni graduates are actively paying back their federal student loan debt than former Minnesota School of Business-Elk River students, three years after graduation. (63% vs. 42%)

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