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Cost & financial aid brief

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# Midwestern State University Tuition, Costs & Financial Aid

Updated October 21, 2026

[Overview](/school/midwestern-state-university/)Cost & aid[Outcomes](/school/midwestern-state-university/outcomes/)[Admissions](/school/midwestern-state-university/admissions/)[Majors](/school/midwestern-state-university/majors/)[Similar schools](/school/midwestern-state-university/similar/)

**On this page**+

## How much does Midwestern State University cost after financial aid?

Affordability is the strongest pillar at Midwestern State University, and the figures show why. The published cost of attendance is $22,652.

After grants and scholarships, aid recipients pay an average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) of $11,656. That is $2,412 below the $14,068 median for comparable institutions (same type and size).

Grants and scholarships lower the published cost by $10,996 for the average aid recipient, covering about 49% of the sticker price. In-state tuition and fees are $10,580, with room and board at $11,124.

Out-of-state undergraduates pay tuition and fees of $12,530. Azimuth ranks the university #223 for affordability among nonprofit four-year institutions. That places the affordability pillar in the 84th percentile.

For aid recipients, costs at Midwestern State University appear favorable: average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/), what aid recipients pay after grants and scholarships, is $11,656. That is $2,412 below the peer median of $14,068, the middle value for comparable institutions (same type and size).

Azimuth places its affordability pillar in the 84th percentile among nonprofit four-year institutions. Among borrowers who completed, median federal student loan debt is $21,030, $199 below the peer median of $21,229 at comparable institutions (same type and size).

Families in the lowest income band have an average net price of $8,856; those in the highest band have $18,988. Lower peer-relative cost and borrowing point in the same direction.

For aid recipients, costs after grants vary sharply by family income. The average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) for families earning under thirty thousand dollars is $8,856; for those earning thirty thousand one dollars through forty-eight thousand dollars, it is $9,886; for forty-eight thousand one through seventy-five thousand dollars, $11,445; for seventy-five thousand one through one hundred ten thousand dollars, $15,365; and for families earning over one hundred ten thousand dollars, $18,988.

Pell Grant recipients account for 40.6% of undergraduates, providing financial-access context for the lowest band. The spread between the lowest and highest bands is $10,132.

Average net price by family income

**$0–30K**
$8,856

**$30–48K**
$9,886

**$48–75K**
$11,445

**$75–110K**
$15,365

**$110K+**
$18,988

Averages within each income band; individual aid packages vary.

Overall average annual net price: **$11,656**. After grants and scholarships, including living costs. [Source and coverage](#cost-data-notes).

At Midwestern State University, the published cost of $22,652 falls to an average [net price](/analysis/is-college-worth-it-part-1-the-net-price-illusion/) 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](/analysis/is-college-worth-it-part-1-the-net-price-illusion/), 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](/analysis/ou-what-happens-when-parents-borrow-too/) 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](/analysis/ou-what-happens-when-parents-borrow-too/) 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](/analysis/a-value-added-approach-to-college-outcomes/), the gap between what graduates earn and what the model 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](/analysis/ou-what-happens-when-parents-borrow-too/) 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](#combined-borrowing) are in the Financial GPS card below. [Borrowing populations and model assumptions](#cost-data-notes).

## Parent loans: what can the family afford?

[How Parent PLUS borrowing affects families](/analysis/ou-what-happens-when-parents-borrow-too/)

**Median Parent PLUS debt**
$19,367

**Estimated parent payment**
$246/mo

Modeled Parent PLUS pressure by income

| 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](/financial-gps/?tool=parent&school=midwestern-state-university#parent-tool). [Read the assumptions and limits](#cost-data-notes).

## 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

1.  Excellent Under 8% · selected scenario
2.  Good 8–under 12%
3.  Concerning 12–20%
4.  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.

[Read the framework and its limits](/analysis/financial-gps-framework/).

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.

[Explore your own numbers in Financial GPS](/financial-gps/?tool=student&school=midwestern-state-university#student-tool)

## Data & methodology

Sources and reporting periods: [methodology](/methodology/).

Analysis and methodology by [Daniel Rogers](/about/#founder), 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](/about/).

**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](https://collegescorecard.ed.gov/data/).

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.