Minnesota School of Business-Richfield vs. Southwest Minnesota State University

Minnesota School of Business Richfield vs. Southwest Minnesota State University comparison

	Minnesota School of Business Richfield	Southwest Minnesota State University	College 3	College 4
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Overview	Minnesota School of Business-Richfield	Southwest Minnesota State University
Location	Richfield, MN	Marshall, MN
Setting	Large Suburban	Rural Fringe
Enrollment	581	6,930
Type	Private 4 Year	Public 4 Year
National Ranking		#948
Religious Affiliation	-	-	-	-
Status	For-profit	Non-profit
Website	msbcollege.edu	smsu.edu
Team Colors

Costs	Minnesota School of Business-Richfield	Southwest Minnesota State University
Tuition (In State)	$14,040	$8,840
Tuition (Out of State)	$14,040	$8,840
Room & Board	$5,472	$9,258
Avg Net Price	$19,167	$15,004
Avg Grant Aid	$7,125	$7,389
% Receiving Grant Aid	98%	94%

Admission	Minnesota School of Business-Richfield	Southwest Minnesota State University
Admission Chances	Calculate	Calculate
Applied	-	1,558
Admitted	-	1,427
Acceptance Rate	Open	91.6%
Enrolled %	Open	22.8%
Avg High School GPA	-	3.21
Typical High School Grades	-	B
Admissions Standards	Unavailable	Extremely Easy
Applicant Competition
ACT Range		17/23
SAT Range		935/1102
Submit Test Scores	Not applicable	Not required for admission, but considered if submitted (Test Optional)
Application Deadline		Aug 18, 2025

Academics	Minnesota School of Business-Richfield	Southwest Minnesota State University
Student to Faculty Ratio	0:1	15:1
Popular Majors	Business (44%) Health Professions (19%) Communications Technology (10%) Computer and Information Sciences (10%) Legal Professions (9%)	Business (39%) Education (16%) Recreation, Leisure and Fitness Studies (8%) Communication (4%) Biology (4%)
Outcomes	Minnesota School of Business-Richfield	Southwest Minnesota State University
Graduation Rate	25%	39%
Median Earnings (After 10 years)	$35,300	$41,200
Making Student Loan Payments	42%	66%
Median Student Loan Debt	$26,325	$21,678
Median Loan Payment	$272	$224

Diversity	Minnesota School of Business-Richfield	Southwest Minnesota State University
% Men	0%	38%
% Women	0%	62%
Racial Diversity	Low	Low
HBCU	No	No
% White	76%	80%
% Black	8%	5%
% Hispanic	5%	4%
% Native American	1%	0%
% Pacific Islander	1%	0%
% Two or More Races	0%	3%
% International	0%	5%
% Unknown Race	3%	2%

Students	Minnesota School of Business-Richfield	Southwest Minnesota State University
% In-State	-	74%
% Out-of-State	-	20%
Campus	Minnesota School of Business-Richfield	Southwest Minnesota State University
Campus Housing	No	Yes
Freshman Dorm Required	No	No
Meal Plan	No	Yes
Weekend/Evening Classes	Yes	Yes
Daycare Facility	No	Yes
Learn More	Details	Details

Comparable Facts

• Southwest Minnesota State University is larger than than Minnesota School of Business-Richfield based on total student enrollment (6,930 students vs. 581 students)

Minnesota School of Business-Richfield vs. Southwest Minnesota State University Cost Comparison

Which college is more expensive, Minnesota School of Business-Richfield or Southwest Minnesota State University?

• Minnesota School of Business Richfield is 58.8% more expensive to attend than Southwest Minnesota State University for in-state tuition ($14,040.00 vs. $8,840.00)
• Out of state tuition is 58.8% higher at Minnesota School of Business-Richfield than Southwest Minnesota State University ($14,040.00 vs. $8,840.00)
• The typical actual cost that students pay to attend (average net price) is less at Southwest Minnesota State University than Minnesota School of Business-Richfield ($15,004 vs. $19,167)
• Living costs (room and board or off-campus housing budget) at Minnesota School of Business Richfield are 69.2% lower than costs at Southwest Minnesota State University ($5,472 vs. $9,258)
• More students receive financial grant aid at Minnesota School of Business Richfield than Southwest Minnesota State University (98% vs. 94%)
• The average total grant financial aid received by Southwest Minnesota State University students is 3.7% larger than aid received Minnesota School of Business Richfield ($7,389 vs. $7,125)

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

Minnesota School of Business-Richfield vs. Southwest Minnesota State University Graduation Outcomes Comparison

Which is better, Minnesota School of Business-Richfield or Southwest Minnesota State University? 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 Southwest Minnesota State University and Minnesota School of Business-Richfield.

• The graduation rate at Southwest Minnesota State University is higher than Minnesota School of Business Richfield (39% vs. 25%)
• Graduates from Southwest Minnesota State University earn on average $5,900 more per year than Minnesota School of Business-Richfield graduates after ten years. ($41,200 vs. $35,300)
• Southwest Minnesota State University students graduate with a $4,647 lower median federal student loan debt than Minnesota School of Business-Richfield graduates. ($21,678 vs. $26,325)
• Southwest Minnesota State University graduates are paying $48 less per month on federal student loans than Minnesota School of Business-Richfield graduates. ($224 vs. $272)
• More Southwest Minnesota State University graduates are actively paying back their federal student loan debt than former Minnesota School of Business-Richfield students, three years after graduation. (66% vs. 42%)

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