Midwestern State University

Overview of Midwestern State University (MSU)

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MSU only offers undergraduate degrees, which may make the small student population more understandable. It’s located in Wichita Falls, a mid-size city located in Texas. Driving around will give you the chance to get your bearings and you’re sure to find places you’ll want to visit more often. You’ll also notice that the city is host to Sheppard Air Force Base. You’ll see airmen and Air Force officers in town and you should expect to see some of them on campus as they are investing in their military careers with further education.

Top Rankings For Midwestern State University

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MSU Acceptance Rate and Admissions

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MSU Tuition Cost & Financial Aid

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You may hear the total cost of college referred to as the sticker price. This includes tuition (in-state or out-of-state), room and board, books, supplies, and other costs. In a recent academic year, this was around $21,900, which isn’t too expensive considering this is a university.

Now, the cost of attendance after financial aid has been applied to the total cost is called the average net price. In the same school year, this average net price was $9,799. However, families are eligible for financial aid based on their annual income, which affects how much they owe. A family earning up to $30,000 pays around $7,703, a family earning between $48,001 and $75,000 pays around $10,068, and a family earning more than $110,001 pays around $16,425.

In a recent academic year, 93% of freshmen students qualified for financial aid. Of this, 87% received an average of $9,818 in grants or scholarships and 74% received an average of $5,343 in institutional grants and scholarships.

Sticker Price

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Academics

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Midwestern State University offers at least some distance learning (online) options, which allow you easier access to classes if you find you must work during the school year. This type of alternative may become even more critical in your junior and senior years, especially if you can’t rely on finding a different section of the same class during the current semester.

During your first year, you’ll make an important decision. It isn’t about your major or which classes to take. Instead, it’s about deciding if you’re going to return for your second year of school. If you do, MSU will count you into their retention rate, which for MSU is a solid 67%.

The 4-year graduation rate is 21% and the 6-year graduation rate is 45%. Students may have to stay in school beyond the 4-year or 6-year point because they change their majors or they may leave school and return. Additionally, many of the Air Force crowd may only take a few classes or be transferred elsewhere before they can complete a degree.

The most popular degree programs offered are health professions and related programs; business, management, marketing and related services; multi/interdisciplinary studies; psychology; and homeland security, law enforcement, firefighting and protective services.

Student Population Total

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Outcome & Salary

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It’s done. You graduated and you are ready to shake up the professional world. The average graduate’s overall salary after leaving Midwestern State University is $69,082; their early-career salaries average around $50,100 and their mid-career salaries rise to $85,200.

Looking down the road, your 10-year salary earning potential is $690,820 and your 20-year earning potential is $1,542,820. If you deduct your 4-year cost of education ($39,196) to get your return on investment (ROI), the 10-year ROI is $651,624 and the expected 20-year ROI is as much as $1,503,624. If you consider that high school graduates earn a national average salary of $38,792, their 10-year projected income is $387,920, and their 20-year projected income is $775,840 – that is more than exceptional.

Photos & Videos

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