Southwest Minnesota State University vs. Minnesota School of Business-Waite Park

Southwest Minnesota State University vs. Minnesota School of Business Waite Park comparison

	Southwest Minnesota State University	Minnesota School of Business Waite Park	College 3	College 4
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Overview	Southwest Minnesota State University	Minnesota School of Business-Waite Park
Location	Marshall, MN	Waite Park, MN
Setting	Rural Fringe	Small Suburban
Enrollment	6,930	141
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-Waite Park
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	$16,701
Avg Grant Aid	$7,389	$7,484
% Receiving Grant Aid	94%	100%

Admission	Southwest Minnesota State University	Minnesota School of Business-Waite Park
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-Waite Park
Student to Faculty Ratio	15:1	0:1
Popular Majors	Business (39%) Education (16%) Recreation, Leisure and Fitness Studies (8%) Communication (4%) Biology (4%)	Health Professions (42%) Business (29%) Legal Professions (10%) Visual and Performing Arts (8%) Computer and Information Sciences (5%)
Outcomes	Southwest Minnesota State University	Minnesota School of Business-Waite Park
Graduation Rate	39%	67%
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-Waite Park
% Men	38%	0%
% Women	62%	0%
Racial Diversity	Low	Very Low
HBCU	No	No
% White	80%	85%
% Black	5%	4%
% Hispanic	4%	3%
% Native American	0%	4%
% Pacific Islander	0%	0%
% Two or More Races	3%	0%
% International	5%	0%
% Unknown Race	2%	4%

Students	Southwest Minnesota State University	Minnesota School of Business-Waite Park
% In-State	74%	-
% Out-of-State	20%	-
Campus	Southwest Minnesota State University	Minnesota School of Business-Waite Park
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-Waite Park based on total student enrollment (6,930 students vs. 141 students)

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

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

• Minnesota School of Business Waite Park 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-Waite Park 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-Waite Park ($15,004 vs. $16,701)
• Living costs (room and board or off-campus housing budget) at Minnesota School of Business Waite Park 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 Waite Park than Southwest Minnesota State University (100% vs. 94%)
• The average total grant financial aid received by Minnesota School of Business Waite Park students is 1.3% larger than aid received Southwest Minnesota State University ($7,484 vs. $7,389)

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

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

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

• The graduation rate at Minnesota School of Business-Waite Park is higher than Southwest Minnesota State University (67% vs. 39%)
• Graduates from Southwest Minnesota State University earn on average $5,900 more per year than Minnesota School of Business-Waite Park 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-Waite Park 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-Waite Park 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-Waite Park 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/