Mayville State University: Affordable Tuition and Exceptional Value

Mayville State University (MSU), a state-assisted institution governed by the laws of North Dakota, distinguishes itself through its commitment to providing an accessible and high-quality education. With tuition costs significantly lower than the national average, a focus on student success, and a diverse campus community, MSU offers exceptional value.

Tuition Costs: An Affordable Option

In 2023, the median undergraduate tuition at Mayville State University was $6,579. This is notably lower-$22,701 less-than the national average for Baccalaureate Colleges, which stands at $29,280. This cost advantage extends to both in-state and out-of-state students, making MSU an attractive option for those seeking an affordable education.

Comparison to National and Regional Averages

Mayville State University's tuition and fees are significantly lower when compared to national averages. In 2020-2021, the average out-of-state tuition and fees for undergraduates at MSU was $10,756, while in-state undergraduates paid $7,622 per year, a discount for residents of North Dakota.

Nationally, the average out-of-state tuition and fees are $19,933 a year. Mayville State University is relatively inexpensive with its average cost of $10,756 in tuition and fees for undergraduate students. The average in-state tuition and fees for schools across the country is $16,784 a year for undergraduate students. Undergraduates who hail from North Dakota pay an average of $7,622 a year to attend Mayville State University, making the school a bargain if you only consider tuition and fees alone.

Historical and Projected Tuition Costs

Tuition and fees for in-state students at Mayville State University have increased with an average annual rate of 4.57% over the past five years. If this growth continues, in-state students can expect to pay $8,335 this school year. Based on this rate, the estimated total cost of in-state tuition and fees for two years is $17,051, and $35,698 for four years.

Read also: Gridiron History at Mayville State

For out-of-state students, tuition and fees have increased by about 4.60% in the past five years. Out-of-state students will be paying approximately $11,769 this year if the percentage increases stay the same. This translates to an estimated $24,079 for two years of out-of-state tuition and fees, and $50,426 for four years.

Additional Expenses: Room, Board, and Other Costs

Beyond tuition, students should also consider the cost of room and board, books, and supplies. In 2023, the average yearly cost of room and board at Mayville State University was $9,522, a 6.33% increase from the previous year. The average yearly cost of books and supplies remained steady at $1,000.

Financial Aid: Making Education Accessible

Mayville State University is committed to making education accessible through various forms of financial aid. In 2023, 54% of undergraduate students received financial aid through grants, while 39% received aid through loans. The university also provides a Net Price Calculator to help prospective students estimate their actual cost of attending after factoring in financial aid and scholarships.

Financial Aid Breakdown

Grants: 54% of undergraduates receive financial aid through grants.
Loans: 39% of undergraduates receive financial aid through loans.

The university employs financial aid crediting as a means of delivering student financial aid. Under this process, financial aid awards to a student are applied as credits to the student’s account with the University, rather than being processed as payments to the student. After aid is credited, any balance owed by the student must be paid according to the general guidelines presented above. If financial aid credited exceeds the amount owed by the student, a check in the amount of the excess will be issued to the student and released when all balances from previous terms are paid in full.

Student Loan Debt

At Mayville State University, the median federal loan debt among borrowers who completed their undergraduate degree is $18,585. The median monthly federal loan payment (if repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $197. In 2021 the default rate for borrowers at Mayville State University was 0%, corresponding to 0 out of the 324 total borrowers.

Scholarships

Mayville State University offers various scholarships, including need-based and merit-based scholarships. Need-based scholarships consider a student’s financial status, while merit-based scholarships are awarded for academic or athletic achievement. Scholarships may also be awarded based on community service, unique hobbies or traits, personal background, or a parent’s employer or military affiliation.

Enrollment and Demographics: A Diverse Community

In 2023, Mayville State University had a total enrollment of 1,025 students, with 53.3% enrolled full-time. The student population is diverse, with the following racial and ethnic representation:

White: 78.1%
Two or More Races: 6.83%
Hispanic or Latino: 5.76%
Black or African American: 4.2%
American Indian or Alaska Native: 1.46%
Asian: 0.878%
Native Hawaiian or Other Pacific Islanders: 0.195%

Students enrolled in full-time Undergraduate programs are most commonly White Female (48.7%), followed by White Male (26.4%) and Black or African American Male (5.55%). Students enrolled in full-time Graduate programs are most commonly White Female (64.5%), followed by White Male (16.1%) and Hispanic or Latino Female (9.68%).

Academics and Outcomes: Preparing for Success

Mayville State University awarded 260 degrees in 2023 across all undergraduate and graduate programs. Women received 75.8% of these degrees, while men received 24.2%. The most common race/ethnicity group of degree recipients was white (207 degrees), significantly more than the next closest group, two or more races (15 degrees).

Majors and Career Paths

In 2023, the most common bachelor's degree concentration at Mayville State University was Elementary Education & Teaching, with 48 degrees awarded. The most specialized majors across all degree types at Mayville State University are Education (97 degrees awarded), Human Sciences (9 degrees), and Science Technologies (1 degrees).

Graduates from Mayville State University pursue various career paths. The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mayville State University are Elementary & middle school teachers (1,520,254 people), Secondary school teachers (529,964 people), Education administrators (266,805 people), Special education teachers (204,128 people), and Preschool & kindergarten teachers (199,593 people). The most common industries for people who hold a degree in one of the 5 most specialized majors at Mayville State University are Elementary & secondary schools (2,826,195 people), Colleges, universities & professional schools, including junior colleges (305,623 people), uninformed (304,754 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (193,800 people), and Computer Systems Design (130,215 people).

Graduation and Retention Rates

In 2023, 18% of students graduating from Mayville State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 31% completed their degrees within 150% of the normal time, and 32% within 200%. The retention rate for full-time undergraduates at Mayville State University was 67%.

The student demographic with the highest graduation rate in 2023 at Mayville State University is Female and White (62% graduation rate).

Admissions: A Welcoming Environment

Mayville State University received 292 undergraduate applications in 2022, with 208 students accepted for enrollment, resulting in a 71.2% acceptance rate. The university has an overall enrollment yield of 51.9%, representing the number of admitted students who ended up enrolling.

Operations and Endowment: Investing in the Future

Mayville State University has an endowment valued at nearly $11.3M. The university ensures that its Cost of Attendance (COA) accounts for essential living expenses, including a provision for three meals a day, seven days a week, throughout each semester.

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