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Minnesota State University, Mankato · Minnesota

Minnesota State Mankato Merit Aid

Verified Jun 20262 months ago· HX-AUTO
Merit tiers41 automatic on stats
Last verifiedJun 2026Analyst HX-AUTO

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Checking merit aid at Minnesota State Mankato

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The merit-aid verdict at Minnesota State Mankato

Strong out-of-state value with dedicated awards for high achievers, transfers, and talent.

Who this school is for

Out-of-state students find exceptional value here, while transfer students with community college honors and those with military service or artistic talent have clear pathways to recognition.

Tuition / cost of attendance: Approximately $27,124 for 2026-2027. Source

Federal cost and outcome data

Federal reporting on who actually enrolls at Minnesota State Mankato, what they paid after aid, and what happened next — independent of anything the school markets.

Average annual net price by family income at Minnesota State Mankato, academic year 2021-22 — in-state, Title-IV aid recipients only
Family incomeAverage net price paid
$0–$30,000$12,339
$30,001–$48,000$12,750
$48,001–$75,000$15,137
$75,001–$110,000$18,921
$110,001+$22,798
All income levels (average)$19,139

Sticker price vs. what students actually pay

Published tuition & fees (in-state), AY 2022-23
$9,572
Published tuition & fees (out-of-state), AY 2022-23
$18,942
Average net price paid (all Title-IV aid), AY 2021-22
$19,139

That works out to roughly a 20% discount below the federal AY 2021-22 average cost of attendance of $23,995 (College Scorecard — a separate, federally reported figure, not the published cost of attendance shown above).

Minnesota State Mankato is a public school; Scorecard's net price figure covers in-state, Title-IV-aid-recipient payers only — there is no comparable federal figure for out-of-state students.

Outcomes for students who enrolled here

Graduation rate (150% of normal time), 2016 cohort
54%
First-year retention rate, 2021 cohort
80%
Median debt at completion, 2020–2021 completers
$21,106 (~$224/mo on a 10-yr plan)
Median earnings, 10 years after entry (measured 2020-21)
$56,922
Share of students receiving a Pell grant, AY 2021-22
25%
Share of students receiving a federal loan, AY 2021-22
58%

Institutional merit aid tiers

Every tier below is sourced to the school’s own published financial aid pages. Renewal terms apply only if the student maintains the stated GPA.

Amount not published

Talent Grants

Application

Source

$750–$1,250

Maverick Scholarship

Automatic
GPA
3.5

Source

Percentage of tuition (see source)

Rotc Scholarships

Application

Source

$8,000

National Merit Finalist Scholarship

ApplicationRenewable

Source

Lesser-known scholarships at Minnesota State Mankato

Named awards that don’t always surface on the main financial aid page. Each one has its own eligibility rules.

AmountAmount not publishedEligibilityTransfer student scholarships include the Phi Theta Kappa Scholarship.

Source

Minnesota State Mankato merit aid FAQ

  • What is the deadline for Meredith Scholarship?

    The deadline for the Meredith Scholarship is January 15.

  • What is the deadline for Presidential Scholarship?

    The deadline for the Presidential Scholarship is January 15.

How Minnesota State Mankato compares across our verified dataset

  • 668 of 750 verified schools publish at least one four-year renewable merit award.

    Minnesota State Mankato is one of them. The cohort minority (82 schools) only awards one-year scholarships, which means the four-year value families assume on a brochure quote isn't guaranteed at every school.

  • 132 of 750 verified schools publish a dedicated National Merit Finalist package.

    Minnesota State Mankato is one of them. NMF packages typically carry their own stacking and renewal carve-outs separate from the standard automatic merit ladder; confirm those before assuming the headline NMF value is final.

Sources used on this page

Every claim is checked against Minnesota State Mankato’s own published materials. Below is the full reference set.

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