Southwest Minnesota State University vs. Minnesota School of Business-Elk River

Southwest Minnesota State University vs. Minnesota School of Business Elk River comparison

	Southwest Minnesota State University	Minnesota School of Business Elk River	College 3	College 4
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Overview	Southwest Minnesota State University	Minnesota School of Business-Elk River
Location	Marshall, MN	Elk River, MN
Setting	Rural Fringe	Town Fringe
Enrollment	6,930	135
Type	Public 4 Year	Private 4 Year
National Ranking	#948
Religious Affiliation	-	-	-	-
Status	Non-profit	For-profit
Website	smsu.edu	msbcollege.edu
Team Colors

Costs	Southwest Minnesota State University	Minnesota School of Business-Elk River
Tuition (In State)	$8,840	$14,040
Tuition (Out of State)	$8,840	$14,040
Room & Board	$9,258	$5,472
Avg Net Price	$15,004	$17,095
Avg Grant Aid	$7,389	$6,637
% Receiving Grant Aid	94%	100%

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

Academics	Southwest Minnesota State University	Minnesota School of Business-Elk River
Student to Faculty Ratio	15:1	0:1
Popular Majors	Business (39%) Education (16%) Recreation, Leisure and Fitness Studies (8%) Communication (4%) Biology (4%)	Business (46%) Health Professions (36%) Legal Professions (7%) Computer and Information Sciences (4%) Homeland Security, Law Enforcement, Firefighting (4%)
Outcomes	Southwest Minnesota State University	Minnesota School of Business-Elk River
Graduation Rate	39%	-
Median Earnings (After 10 years)	$41,200	$35,300
Making Student Loan Payments	66%	42%
Median Student Loan Debt	$21,678	$26,325
Median Loan Payment	$224	$272

Diversity	Southwest Minnesota State University	Minnesota School of Business-Elk River
% Men	38%	0%
% Women	62%	0%
Racial Diversity	Low	Extremely Low
HBCU	No	No
% White	80%	90%
% Black	5%	1%
% Hispanic	4%	4%
% Native American	0%	0%
% Pacific Islander	0%	0%
% Two or More Races	3%	0%
% International	5%	0%
% Unknown Race	2%	3%

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

Comparable Facts

• Southwest Minnesota State University is larger than than Minnesota School of Business-Elk River based on total student enrollment (6,930 students vs. 135 students)

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

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

• Minnesota School of Business Elk River 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-Elk River 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-Elk River ($15,004 vs. $17,095)
• Living costs (room and board or off-campus housing budget) at Minnesota School of Business Elk River 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 Elk River than Southwest Minnesota State University (100% vs. 94%)
• The average total grant financial aid received by Southwest Minnesota State University students is 11.3% larger than aid received Minnesota School of Business Elk River ($7,389 vs. $6,637)

Which college is harder to get into, Southwest Minnesota State University 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 Southwest Minnesota State University .

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

Which is better, Southwest Minnesota State University 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 Southwest Minnesota State University.

• Graduates from Southwest Minnesota State University earn on average $5,900 more per year than Minnesota School of Business-Elk River 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-Elk River 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-Elk River 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-Elk River 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/