Graduation and Transfer-Out Rates
Student Right-to-Know M State Graduation and Transfer-Out Rates
Each institution must annually make available to prospective and enrolled students the completion or graduation rate of certificate- or degree-seeking, first-time, full-time undergraduate students. The completion and graduation rate must be disaggregated by gender, major racial/ethnic subgroups, recipients of Federal Pell Grants and subsidized Direct Stafford Loans, and recipients of neither Federal Pell Grants nor subsidized Direct Stafford Loans. M State's Office of Institutional Research gathers this data and discloses it through appropriate publications, mailings or electronic media.
The data are to be available by July 1 each year for the most recent cohort that has had 150 percent of normal time for completion by August 31 of the prior year. If the information is requested by a prospective student, it must be made available prior to the student's enrolling or entering into any financial obligation with the institution.
Note: Institutions may add other information to their completion/graduation rate disclosures (e.g., graduation rates for other time frames, but the HEA-required information must be identifiable and separate from any additional information).
An institution that determines its mission includes providing substantial preparation for students to enroll in another Title IV HEA-eligible institution must disclose a transfer-out rate for each cohort.
A student shall be counted as a completion or graduation if the student earns a degree or certificate or completes a transfer-preparatory program within 150 percent of normal time for the student's program.
Institutions are allowed to exclude from completion/graduation or transfer-out rate calculations those students who leave school to serve in the armed forces, in official church missions or with a federal foreign aid service; or are deceased or totally and permanently disabled.
Placement Rates
M State Career Placement Data
Institutions must make available to current and prospective students information regarding the placement in employment of and types of employment obtained by graduates of the institution's degree or certificate programs. (Institutions must identify the source of the placement information and any time frames and methodology associated with it.). Under this provision, institutions are not required to calculate placement rates, but an institution must disclose any placement rates it calculates for any program.
M State participates in the annual Minnesota State Graduate Placement Survey following a strict protocol prescribed by the Minnesota State system of college and universities. Graduates are surveyed one year after their graduation to determine their employment status. Responses are submitted to and processed by the system office, which produces a database and report generator that calculates the "related employment rate" for all of M State's programs and for M State as a whole. The "related employment rate" represents the total number of graduates working in a position related to their program of study as a percentage of the total number of graduates available for related work. M State makes this information available through appropriate publications, mailings or electronic media.
Other Institutional Data
Student Loan Default Rate
The U.S. Department of Education reports official cohort default rates once per year. A cohort default rate is the percentage of a school’s borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1st to September 30th, and default or meet other specified conditions prior to the end of the second following fiscal year.
The FY 18 national cohort default rate is 7.3 percent The FY 18 national cohort default rate for two-year schools is 11.5 percent M State’s FY 18 default rate is 9.4 percent
Visit Federal Student Aid Default Management for more information on default rates.
