2022 Best Value Colleges for Actuarial Science in Minnesota (With Aid)

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Actuarial Science Schools in Minnesota For Those Getting Aid” ranking is part of that endeavor.

In 2019-2020, 2,065 people earned their degree in actuarial science, making the major the 274th most popular in the United States.

Across Minnesota, there were 35 actuarial science graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Actuarial Science Schools in Minnesota For Those Getting Aid” ranking looked at 3 colleges that offer degrees in a bachelor’s in actuarial science. Not only do the schools that top this list have excellent actuarial science programs, but they also cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the actuarial science program at the school. See our ranking methodology to learn more.

More Ways to Rank Actuarial Science Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Actuarial Science Schools in Minnesota For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Actuarial Science Schools in Minnesota For Those Getting Aid

The colleges and universities below are the best for minnesota actuarial science students with aid.

Top 3 Best Value Colleges for Actuarial Science in Minnesota (With Aid)

#1

Minnesota State University - Moorhead

Moorhead, Minnesota

#2 in overall quality

$16,893 Average Net Price

$37,157 Average Early-Career Earnings

You’ll be in good company if you decide to attend Minnesota State University - Moorhead. It ranked #1 on our 2022 Best Value Actuarial Science Schools in Minnesota For Those Getting Aid list. Minnesota State University - Moorhead is located in Moorhead, Minnesota and, has a medium-sized student population. In 2019-2020, this school awarded 3 ’s actuarial science degrees to qualified students.

MSU Moorhead also made our “Best Actuarial Science Schools in Minnesota” list, coming in at #2. The yearly cost to attend MSU Moorhead is $16,893 for minnesota actuarial science students with aid.

The low student loan default rate of 4.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Actuarial Science at Minnesota State University - Moorhead

#2

Saint Mary's University of Minnesota

Winona, Minnesota

#3 in overall quality

$19,514 Average Net Price

$57,438 Average Early-Career Earnings

Out of the 3 schools in the Best Value Actuarial Science Schools in Minnesota For Those Getting Aid that were part of this year’s ranking, Saint Mary’s University of Minnesota landed the #2 spot on the list. Winona, Minnesota is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s actuarial science degrees to 2 students in 2019-2020.

As a testament to the quality of education offered at SMU MN, the school also landed the #3 spot in our “Best Actuarial Science Schools in Minnesota” ranking. The estimated yearly cost for SMU MN is $19,514 for Minnesota Actuarial Science students with aid.

The low student loan default rate of 3.1% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Saint Mary’s University of Minnesota Actuarial Science Report

#3

University of St Thomas Minnesota

Saint Paul, Minnesota

#1 in overall quality

$29,155 Average Net Price

$49,521 Average Early-Career Earnings

Out of the 3 schools in the Best Value Actuarial Science Schools in Minnesota For Those Getting Aid that were part of this year’s ranking, University of St Thomas Minnesota landed the #3 spot on the list. University of St Thomas Minnesota is a medium-sized school located in Saint Paul, Minnesota that handed out 29 ’s actuarial science degrees in 2019-2020.

UST MN not only placed well in this ranking. It is also #1 on our “Best Actuarial Science Schools in Minnesota” list. The estimated yearly cost for University of St Thomas Minnesota is $29,155 for minnesota actuarial science students with aid.

The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 2.1%, which is much lower than the national rate of 10.1%.

Read more about Actuarial Science at UST MN

• Best Value Colleges for Actuarial Science in the Plains States Region (With Aid)
• Best Value Colleges for Actuarial Science (With Aid)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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