Cost & financial aid brief
Midwestern State University Tuition, Costs & Financial Aid
How much does Midwestern State University cost after financial aid?
At Midwestern State University, the published cost of $22,652 falls to an average net price of $11,656 for aid recipients, a reduction of $10,996. The five income-band averages run from $8,856 in the lowest band through $9,886, $11,445, and $15,365 to $18,988 in the highest band.
Aid covers about 49% of the published cost for the average aid recipient. Lower average net prices in the lower family-income bands show aid concentrated more heavily there as a pricing pattern, not a promise for an individual package.
Midwestern State University lists a published cost of attendance of $22,652, with post-aid prices that vary by family income. Average net price, what aid recipients pay after grants and scholarships, is $8,856 for the lowest family-income band, $9,886 for the lower-middle band, $11,445 for the middle band, $15,365 for the upper-middle band, and $18,988 for the highest band.
The spread between the lowest and highest bands is $10,132, and Azimuth ranks the university #223 for affordability among nonprofit four-year institutions. For the average aid recipient, aid covers about 49% of the published cost, an average savings of $10,996.
Across all aid recipients, the average net price is $11,656, which is $2,412 below the peer median of $14,068 at comparable institutions (same type and size). Published in-state tuition is $10,580, and out-of-state tuition is $12,530.
The overall post-aid price and the peer comparison both point toward a lower cost than comparable institutions. Among federal-loan borrowers who completed, median federal student loan debt is $21,030, and 82.3% of federal aid recipients borrow federal loans.
That median is $199 below the $21,229 peer median at comparable institutions (same type and size). That debt corresponds to an estimated payment of $239 a month if repaid over ten years.
Median Parent PLUS borrowing is $19,367.
Student loans: what does repayment look like?
At Midwestern State University, federal loan borrowing reaches 82.3% of federal aid recipients, making debt a common part of the cost picture for those who use federal loans. Among federal-loan borrowers who complete, median federal student loan debt is $21,030.
Comparable institutions (same type and size) have a peer median federal debt of $21,229; the university’s median is $199 below it. For the separate parent-borrower population, median Parent PLUS borrowing is $19,367.
Midwestern State University pairs higher-than-expected earnings with median federal debt slightly below that at comparable institutions. Four years after completion, federally aided completers who are working and not enrolled have median earnings of $62,250.
Azimuth places that earnings measure in the 58th percentile among nonprofit four-year institutions. Earnings beyond expectations, the gap between what graduates earn and what expects for similar students, falls in the 78th percentile among nonprofit four-year institutions.
Graduates earn about $7,491 more than the model expects for similar students. The downside earnings scenario is $47,464, the typical scenario aligns with the observed median, and the upside scenario is $86,887.
Median federal student debt of $21,030 is $199 below the $21,229 peer median at comparable institutions of the same type and size. That debt corresponds to an estimated payment of $239 a month if repaid over ten years. Higher-than-expected earnings and lower peer debt point in the same direction.
Parent borrowing is separate from student federal loans: median Parent PLUS borrowing for parent borrowers is $19,367. Median federal student debt corresponds to an estimated payment of $239 a month if repaid over ten years.
Repayment figures are in the Financial GPS card below. Borrowing populations and model assumptions.
Parent loans: what can the family afford?
How Parent PLUS borrowing affects families
- Median Parent PLUS debt
- $19,367
- Estimated parent payment
- $246/mo
| Household income | Share of income above basic expenses | Risk level |
|---|---|---|
| $35,000 | No room | High pressure |
| $50,000 | No room | High pressure |
| $75,000 | 14.5% | High pressure |
| $100,000 | 6.5% | Caution |
| $150,000 | 3.1% | Safe |
| $200,000 | 2.0% | Safe |
The 10-year payment on the median Parent PLUS balance, as a share of household income above basic expenses ($54,640 a year: 200% of the 2026 federal poverty guideline for a household of three). No room is High pressure. Open the parent tool for your own numbers. Read the assumptions and limits.
Student and parent loans: the monthly payments
Financial GPS
What does repayment look like?
- Institution median student debt
- $21,030
- Institution Parent PLUS debt
- $19,367
Federal loans only; private or institutional loans aren’t included.
- Estimated student payment · monthly
- $239/mo
- Estimated Parent PLUS payment · monthly
- $246/mo
- Modeled student + parent payments
- $485/mo
Payments use school-wide median balances, not a specific major’s.
Student payment as a share of available income
At median graduate earnings of $62,250, with a $23,940 annual allowance for basic expenses:
7.5% of income above the allowance · Excellent
- Excellent Under 8% · selected scenario
- Good 8–under 12%
- Concerning 12–20%
- High risk Over 20%
How this estimate works
These are modeled earnings scenarios, not observed earnings percentiles. Annual student payments ÷ (earnings − basic-expense allowance). The starting allowance, $23,940, uses the published framework’s 2026 baseline; it is not a current local living-cost estimate. Change it for your budget, including taxes and other obligations. This combines school-level figures for illustration, not a typical individual’s budget or an official school rating. Parent PLUS is separate.
Payment assumptions
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates.
Data & methodology
Sources and reporting periods: methodology.
Analysis and methodology by Daniel Rogers, founder of College Azimuth.
Explanatory text is AI-assisted drafting checked against those figures; it is not an additional data source.
Figure notes link to sources and limitations. About College Azimuth.
Net price and borrowing. The 2023–24 income-band averages include living costs and cover eligible first-time, full-time aid recipients; public-school figures reflect in-state tuition. They are not individual aid offers. Peer matching supplies overall net prices, not matched income-band averages. College Scorecard data and documentation.
A personal student-risk assessment also needs your major and borrowing plan; these school-level illustrations do not assign you a personal risk zone.
Payments are 10-year standard payments on the median balance, before loan fees, used as a yardstick. Rates for newly issued loans may differ, and loans made after July 1, 2026 can repay over a longer term; existing loans keep their original fixed rates. Private-loan figures from the Common Data Set are separate from these federal repayment illustrations.