Financial Aid
Tuition, fees, and financial assistance information for Southwest Minnesota State University
In-State Tuition
$8,840
Out-of-State Tuition
$8,840
Average Net Price
$14,839
Price Difference
-$5,999
Avg. financial aid
Tuition & Fees
Annual tuition for residents of MN
Annual tuition for non-residents
Average amount students pay after grants and scholarships
Net Price by Family Income
Average net price for students receiving Title IV federal financial aid (2022-23)
$0 - $30,000
$9,440
$30,001 - $48,000
$11,263
$48,001 - $75,000
$12,810
$75,001 - $110,000
$16,813
Over $110,000
$19,513
Financial Aid Overview
For first-time, full-time undergraduate students (2022-23)
Students Receiving Any Financial Aid
296 of 319 students
Grants & Scholarships
Recipients
290 (91%)
Average Award
$7,455
Federal Pell Grants
Recipients
115 (36%)
Average Award
$4,942
Aid by Source
State & Local Grants
130 recipients (41%)
$4,114 avg
Institutional Grants
263 recipients (82%)
$3,755 avg
Student Loans
Federal student loan data for all undergraduates (2022-23)
Total Borrowers
998
15% of students
Average Loan Amount
$6,749
Financial Aid Resources
Net Price Calculator
Estimate your actual cost after financial aid
Financial Aid Office
Learn about available aid programs and apply
FAFSA Information
Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.
Apply for FAFSA →Payment Plans Available
Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:
- Monthly payment plans
- Deferred payment options
- Employer tuition assistance programs
Quick Links
Need Help?
Contact the financial aid office for personalized assistance with:
- Scholarship opportunities
- Grant eligibility
- Work-study programs
- Payment plan options
Phone
5075377678Federal School Codes
Use these codes when applying for federal financial aid