SMSU FAST FACTS 2023
DISCOVER. ENGAGE. LEAD.
CONTENTS 1 . . . . . . . . . About SMSU 2 . . . . . . . . . Mission, Vision, and Values 3 . . . . . . . . . Leadership and Governance 4 . . . . . . . . . Equity 2030 6 . . . . . . . . . Accreditations 7 . . . . . . . . . Academic Organization 8 . . . . . . . . . Degrees Offered 15. . . . . . . . Student Data 17. . . . . . . . Faculty & Staff 18 . . . . . . . Tuition & Affordability 19. . . . . . . . Mustang Promise 20. . . . . . . . Accolades 23. . . . . . . . Alumni & Placement 24. . . . . . . . Mustang Athletics 28. . . . . . . . Assets & Financial Data 29. . . . . . . . SMSU Foundation 30. . . . . . . . Our Role in the Economy 31. . . . . . . . Strategic Planning 32. . . . . . . . Community 33. . . . . . . . Referral Program Printed: August 2023. Enrollment Data: Fall 2022.
ABOUT SMSU Southwest Minnesota State University is a four-year public university offering a high-quality education in the liberal arts and professions to prepare students for a life that is successful both personally and professionally. Founded in 1963 and opened in 1967, SMSU has grown into a university of choice with high national rankings for our affordability and academic excellence. SMSU is dedicated to preparing scholars who become the leaders, thinkers and entrepreneurs of the future.
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MISSION Southwest Minnesota State University prepares students to meet the complex challenges of this century as engaged citizens in their local and global communities. Our comprehensive degree programs, taught in the liberal arts tradition, are dedicated to connecting students’ academic and practical professional development experiences in southwestern Minnesota to the wider world.
VISION SMSU aspires to be recognized throughout Minnesota and beyond for being an inclusive and student-centered university.
VALUES We value: • Discovery through innovative teaching, research and other high-impact experiences. • Civic engagement and strategic partnerships. • Developing broadly educated and wellrounded leaders. 2
LEADERSHIP OUR LEADERSHIP Kumara Jayasuriya was appointed by the Minnesota State system and began his duties July 1, 2019. President Jayasuriya is the tenth permanent president of SMSU. UNIVERSITY GOVERNANCE Southwest Minnesota State University is a member of the Minnesota State system, governed by a 15-member board of trustees. Trustees are appointed by the governor and confirmed by the Minnesota State Senate. For more information about the Minnesota State system, visit www.minnstate.edu.
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EQUITY 2030 Minnesota’s moral and economic imperative necessitates that educational equity gaps be eliminated. Minnesota State’s guiding principle of Equity 2030 aims to eliminate educational equity gaps at all Minnesota State colleges and universities by 2030. Equity 2030 is an approach to intentionally rethink the way Minnesota State and our colleges and universities operate on a day-to-day level. As institutions of higher education, our core mission is represented by teaching and learning. STRATEGIC DIMENSIONS • Enhanced Access: Enhancing access to higher education by strengthening partnerships and collaboration with K-12, business & industry, community-based organizations, and philanthropic partners to expand and grow current programming and identify new ways to support students. • Student Academic Success: Establishing guided learning pathways that focus on academic preparation, progression, and accomplishment within an area of study and career. • Student Success: Engagement and Support: Student experience within the institution, 4
both academic and non-academic, including supporting basic needs. • Data-Guided Decision Making: Building technology infrastructure and capacity for deeper data analytics, and expanding campus capacity to interpret data and use it to guide decision-making. • Financial Resources and Support: Expanding financial resources and support for students and growing the financial resource base for campuses. • Workforce Diversity and Talent Development: Incorporating the local and national context with the changing student and employee demographics and needs, focusing on cultural competence development, inclusive hiring practices, and improved campus climate.
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ACCREDITATIONS SMSU is accredited by: • the National Association of Schools of Music, • the Minnesota Professional Educator Licensing and Standards Board (PELSB), • the Council on Social Work Education, • the National Alliance of Concurrent Enrollment Partnerships (NACEP), • the Commission on Collegiate Nursing Education (CCNE), • Commission on Accreditation of Allied Health Education Programs (CAAHEP), and • The Higher Learning Commission of the North Central Association of Colleges and Schools, 230 South LaSalle Street, Suite 2400, Chicago, IL 60602; (800) 621-7440. For more information about the Higher Learning Commission, visit their website: www.ncahlc.org. • Candidacy for initial accreditation: As of March 21, 2023, Master of Science in Nursing, Nurse Educator program is a candidate for initial accreditation by the Accreditation Commission for Education in Nursing. 6
ORGANIZATION ACADEMIC UNITS • College of Arts, Letters, & Sciences • College of Business, Education & Professional Studies SCHOOLS • North Star Mutual School of Business • School of Agriculture • School of Education • School of Graduate Studies DEPARTMENTS • Agriculture, Culinology and Hospitality Management • Business Innovation & Strategy • Education • English, Philosophy, Spanish and Humanities • Fine Arts and Communication • Mathematics and Computer Science • Nursing • Science • Social Science
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OUR DEGREES
MAJORS
ACCOUNTING ADMINISTRATION & MANAGEMENT FOR PEACE OFFICERS (BAS) AGRIBUSINESS MANAGEMENT • AGRICULTURAL FINANCE • FARM MANAGEMENT & MARKETING AGRICULTURAL COMMUNICATIONS & LEADERSHIP AGRICULTURAL EDUCATION AGRICULTURAL SOLUTIONS AGRICULTURE (BAS) AGRONOMY APPLIED COMPUTATIONAL MATHEMATICS ART • GRAPHIC DESIGN • STUDIO ART ART EDUCATION BIOLOGY BIOLOGY EDUCATION BUSINESS (SEE FINANCE & MANAGEMENT) CHEMISTRY CHEMISTRY EDUCATION COMMUNICATION ARTS & LITERATURE, ENGLISH COMMUNICATION ARTS & LITERATURE, COMMUNICATION STUDIES COMMUNICATION STUDIES COMMUNICATION STUDIES: BROADCASTING AND DIGITAL MEDIA COMMUNICATION STUDIES: PUBLIC RELATIONS COMMUNITY PSYCHOLOGY & HEALTH PROMOTION COMPUTER SCIENCE CULINOLOGY® DATA SCIENCE
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**For those interested in secondary education, see academic catalog for K-12 & 5-12 licensures at SMSU.edu/catalog
EARLY CHILDHOOD EDUCATION EARLY CHILDHOOD SPECIAL EDUCATION EDUCATIONAL STUDIES (NON-LICENSURE) • EARLY CHILDHOOD • SCHOOL–AGE RECREATION • YOUTH–AT–RISK ELEMENTARY EDUCATION ENGLISH • CREATIVE WRITING • LITERATURE ENVIRONMENTAL SCIENCE • HUMANITY & ENVIRONMENT • NATURAL SCIENCE EXERCISE SCIENCE • ALLIED HEALTH • EXERCISE SPECIALIST FINANCE • CORPORATE FINANCE • FINANCIAL PLANNING & INVESTMENTS GENERAL STUDIES HEALTH EDUCATION HISTORY HOSPITALITY MANAGEMENT • CULINARY MANAGEMENT • HOTEL & EVENT MANAGEMENT INDIVIDUALIZED INTERDISCIPLINARY STUDIES JUSTICE ADMINISTRATION MANAGEMENT • ENTREPRENEURSHIP • GENERAL MANAGEMENT • HEALTHCARE ADMINISTRATION • HUMAN RESOURCE MANAGEMENT • SUPPLY CHAIN MANAGEMENT MANAGEMENT (BAS) MARKETING MARKETING (BAS) MATHEMATICS MATHEMATICS EDUCATION
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DEGREES CONTINUED MEDICAL LABORATORY SCIENCE MUSIC • INSTRUMENTAL PERFORMANCE • MANAGEMENT • MUSIC IN THE LIBERAL ARTS • PIANO PERFORMANCE/PEDAGOGY • THEORY/COMPOSITION • VOCAL PERFORMANCE MUSIC EDUCATION NURSING (RN TO BSN – RN REQUIRED) PHILOSOPHY PHYSICAL EDUCATION • RECREATION • SPORTS MANAGEMENT PHYSICAL EDUCATION: TEACHING POLITICAL SCIENCE PROFESSIONAL WRITING & COMMUNICATION PSYCHOLOGY SOCIAL WORK SOCIOLOGY SPECIAL EDUCATION – ACADEMIC & BEHAVIORAL STRATEGIST TEACHING ENGLISH AS A SECOND LANGUAGE (TESL) THEATRE ARTS
MINORS ONLY
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ACTING/DIRECTING ADAPTED PHYSICAL ACTIVITY ADVERTISING DESIGN COMMUNICATION AGRICULTURAL ECONOMICS ANIMAL SCIENCE BUSINESS ADMINISTRATION FOR NON-BUSINESS MAJORS COACHING CREATIVE WRITING CRIMINAL JUSTICE
DESIGN/TECHNICAL THEATRE DEVELOPMENTAL ADAPTED PHYSICAL ED DIGITAL MEDIA DESIGN ENTREPRENEURSHIP ENVIRONMENTAL EDUCATION FILMMAKING FINE ARTS FORENSIC ACCOUNTING & FRAUD INVESTIGATION HEALTH CARE ADMINISTRATION HEALTH COMMUNICATION HISPANIC STUDIES HOTEL/LODGING MANAGEMENT HUMAN SERVICES INDIGENOUS NATIONS & DAKOTA STUDIES MIDDLE SCHOOL COMMUNICATION ARTS/LIT - GR. 5-8 MIDDLE SCHOOL MATHEMATICS - GR. 5-8 MIDDLE SCHOOL SCIENCE - GR. 5-8 MIDDLE SCHOOL SOCIAL STUDIES - GR. 5-8 NUTRITION PHYSICS PRE-LAW PUBLIC ADMINISTRATION READING RELIGIOUS STUDIES SPANISH SPECIAL EDUCATION SPORTS & PERFORMANCE PSYCHOLOGY WOMEN’S STUDIES
PRE-PROFESSIONAL PROGRAMS
PRE-CHIROPRACTIC PRE-DENTISTRY PRE-ENGINEERING PRE-LAW PRE-MEDICINE PRE-MORTUARY SCIENCE PRE-NURSING PRE-OCCUPATIONAL THERAPY
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DEGREES CONTINUED PRE-OPTOMETRY PRE-PHARMACY PRE-PHYSICAL THERAPY PRE-PHYSICIAN ASSISTANT PRE-VETERINARY MEDICINE
ASSOCIATE DEGREES
ACCOUNTING AGRIBUSINESS MANAGEMENT BUSINESS ADMINISTRATION LIBERAL ARTS & SCIENCES MARKETING
GRADUATE DEGREES
MASTER OF BUSINESS ADMINISTRATION • CYBERSECURITY • ENTREPRENEURSHIP • GENERAL • HEALTHCARE ADMINISTRATION • HOSPITALITY MANAGEMENT • HUMAN RESOURCE MANAGEMENT • INTERNATIONAL BUSINESS • ORGANIZATIONAL LEADERSHIP • MARKETING MASTER OF SCIENCE • CYBERSECURITY • EDUCATION • CHARTER SCHOOL LEADERSHIP • ENGLISH • MATH • READING K-12 • SPORTS LEADERSHIP • TEACHING ENGLISH AS A SECOND LANGUAGE • TEACHING, LEARNING, & LEADERSHIP • TECHNOLOGY FOR TRAINING & LEARNING
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• PHYSICAL EDUCATION: COACHING OF SPORT • SPECIAL EDUCATION MASTER OF SCIENCE IN NURSING, NURSE EDUCATOR
POST-GRADUATE DEGREE
EDUCATION SPECIALIST • EDUCATIONAL ADMINISTRATION & LEADERSHIP
CERTIFICATES - UNDERGRAD
ACCOUNTING EMPHASIS COACHING DIGITAL MARKETING ENTREPRENEURSHIP EVENT & MEETING MANAGEMENT FORENSIC ACCOUNTING & FRAUD INVESTIGATION HEALTH CARE ADMINISTRATION HEALTH COMMUNICATION HOTEL REVENUE MANAGEMENT HUMAN RESOURCE MANAGEMENT PROFESSIONAL WRITING STRENGTH & CONDITIONING SUPPLY CHAIN MANAGEMENT TEACHING K-12 MULTILINGUAL LEARNERS
CERTIFICATES - GRADUATE
AUTISM SPECTRUM DISORDERS CHARTER SCHOOL LEADERSHIP CYBERSECURITY EDUCATION ADMIN. K-12 PRINCIPAL EDUCATION ADMIN. SPECIAL ED DIRECTOR EDUCATION ADMIN. SUPERINTENDENT EMOTIONAL OR BEHAVIORAL DISORDER LEARNING DISABILITIES LITERATURE STUDIES MATHEMATICS READING TEACHING ENGLISH AS A SECOND LANGUAGE TEACHING K-12 MULTILINGUAL LEARNERS TECHNOLOGY FOR TRAINING & LEARNING WRITING STUDIES
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DEGREES CONTINUED ONLINE DEGREES
ACCOUNTING COMMUNITY PSYCHOLOGY & HEALTH PROMOTION EARLY CHILDHOOD EDUCATION EARLY CHILDHOOD SPECIAL EDUCATION ELEMENTARY EDUCATION ENGLISH - CREATIVE WRITING HISTORY HOSPITALITY MANAGMENT - HOTEL & EVENT CONCENTRATION MANAGEMENT MARKETING NURSING (RN TO BSN – RN REQUIRED) POLITICAL SCIENCE PROFESSIONAL WRITING & COMMUNICATION PSYCHOLOGY SOCIAL WORK SOCIOLOGY SPECIAL EDUCATION TEACHING ENGLISH AS A SECOND LANGUAGE ** For those interested in secondary education, see online academic catalog for k-12 & 5-12 licensures. BAS = Bachelor of Applied Science - All BAS degrees need an AS or AAS previously earned
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STUDENTS ENROLLMENT NUMBERS: FALL 2022
Total Headcount. . . . . . . . . . . . . . . . . . . . . . . 6,529 Degree-seeking (undergrad). . . . . . . . . . . . 1,947 Non-degree seeking. . . . . . . . . . . . . . . . . . . 4,197 Graduate. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 385 Full-time Equivalent (Undergrad) . . . . . . . 3,035 FTE Graduate & Undergrad. . . . . . . . . . . . . 3,296 Female . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65.0% Male. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33.6% Other. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . <1% Unknown . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.3% Students of Color. . . . . . . . . . . . . . . . . . . . . . 22.3% Minnesota Residents. . . . . . . . . . . . . . . . . . 75.4% MN Counties Represented . . . . . . . . . . . . . . . . 69 Out of State. . . . . . . . . . . . . . . . . . . . . . . . . . . 24.6% States Represented . . . . . . . . . . . . . . . . . . . . . . 32 International. . . . . . . . . . . . . . . . . . . . . . . . . . . 5.5% Countries Represented. . . . . . . . . . . . . . . . . . . .25 (Demographics based on Degree-Seeking Undergraduate Students)
Students Living on Campus . . . . . . . . . . . . . . 538 First-Year/Freshmen Living on Campus . . . 78% Student Housing Occupancy. . . . . . . . . . . . . 51% 15
STUDENTS CONTINUED
Average Class Size. . . . . . . . . . . . . . . . . . . . . . 15.4 Student-to-Faculty Ratio . . . . . . . . . . . . . . . 11:1 Course sections <30 students. . . . . . . . . . 94.1% Course sections <50 students. . . . . . . . . . 98.4% First Year Retention . . . . . . . . . . . . . . . . . . . . . 67% Eligible Students Named to Deans’ List . . . 27% DEGREES GRANTED College of Arts, Letters & Sciences:
Associate of Arts. . . . . . . . . . . . . . . . . . . . . . . . . 20 Bachelor of Science or Arts. . . . . . . . . . . . . . . 175 Undergraduate Certificate. . . . . . . . . . . . . . . . . . 1 Graduate Certificate . . . . . . . . . . . . . . . . . . . . . . . 1 College of Business, Education & Professional Studies:
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Bachelor of Science or Arts. . . . . . . . . . . . . . . 277 Master of Science or Arts . . . . . . . . . . . . . . . . 120 Master of Business Admin (MBA). . . . . . . . . . 41 Graduate Certificate . . . . . . . . . . . . . . . . . . . . . . 10 Undergraduate Certificate. . . . . . . . . . . . . . . . . . 9
FACULTY & STAFF Faculty Full-time . . . . . . . . . . . . . . . . . . . . . . . . 264 Faculty Part-time. . . . . . . . . . . . . . . . . . . . . . . . 182 Faculty Rank Professor Associate Professor Assistant Professor Instructor/Adjunct
Total 46 27 29 127
Male 26 15 8 52
Female 20 12 21 75
FT Faculty w/Highest Degree in field. . . . . 96% Staff Full-time. . . . . . . . . . . . . . . . . . . . . . . . . . . 157 Staff Part-time. . . . . . . . . . . . . . . . . . . . . . . . . . . 50 Administration Professional Support Staff
Total 13 139 65
Male 9 60 27
Female 4 79 38
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Our Tuition & Financial Aid TUITION
TUITION (2023-24 Academic Year) Undergrad Tuition & Fees (full-time).. $10,304 Undergrad Housing & Food (double room)$10,666 Undergrad tuition (per credit). . . . . . . . . . . $305 Graduate tuition (per credit). . . . . . . . . . . . $503 FINANCIAL AID (2022-23 Academic Year) Avg Financial Aid Package. . . . . . . . . . . $10,602 % of students receiving aid. . . . . . . . . . . . . . . 92% # Scholarships/Grants Awarded. . . . . . . . 4,193 Federal Grants Awarded . . . . . . . $3,387,501 State Grants Awarded . . . . . . . . . $2,286,769 SMSU Scholarships/Grants Awarded .$3,604,366 STUDENT EMPLOYMENT ON-CAMPUS
Students with Work-Study Jobs . . . . . . . . . 7.3% Students with Regular Payroll Jobs. . . . . . . 15.4% 18
OUR PROMISE
THE MUSTANG PROMISE: Within six months of graduation, you’ll be employed or enrolled in grad school. If not, come back to enroll in one of SMSU’s graduate programs with your first semester of tuition on us. THAT’S OUR PROMISE. In this unique program, students work with a faculty advisor and the SMSU Career Services staff to take steps that have been proven to lead to success in the job search. If students do their part and still don’t land a job related to their major within six months of graduation, we’ll give them FREE TUITION for their first semester in one of our master’s degree programs. For details on the Mustang Promise, visit: www.SMSU.edu/MustangPromise 19
ACCOLADES US NEWS AND WORLD REPORT RANKINGS • Top 15 in the Nation for Affordable Out-of-State Tuition TEACHING DEGREE SEARCH.COM RANKINGS • No. 1 nationally for Best Value School for Education Students • No. 1 nationally for Teaching English or French Students • No. 1 in the Plains States for General Education Students • No. 1 in the Plains States for Teaching English or French Students • No. 1 in Minnesota for General Education Students COLLEGES OF DISTINCTION • SMSU’s commitment to engaged, hands-on education has resulted in being named a 20232024 College of Distinction, a trusted resource that helps students find the right college. Colleges of Distinction selected SMSU because of its student-centered education, dynamic learning environment and inclusiveness.
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2023 NATIONALBESTACCREDITEDCOLLEGES.ORG
• #10 Best Bachelor’s degrees in Law Enforcement (Justice Admin/Criminal Justice) • #10 Best Bachelor’s degree in Special Education • #14 Best Online Bachelor’s degree program in Early Childhood Education • #30 Best Online Bachelor’s in History • #34 Best Online Bachelor’s in Accounting YOURLOCALSECURITY.COM RANKING • No. 1 Safest Campus in Minnesota
RNTOBSN.ORG RANKING • No. 1 in Minnesota for Most Affordable Online RN to BSN Programs PLEXUSS GLOBAL RANKINGS • No. 1 in Minnesota for Early Childhood Education Programs • No. 4 in Minnesota for Agriculture Programs SHIKSHA.COM/STUDYABROAD • Top 7 in the U.S. for affordable tuition for international students
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ACCOLADES CONTINUED AFFORDABLESCHOOLS.NET RANKINGS • No. 4 for Best Affordable Schools in Minnesota for Bachelor’s Degrees • No. 7 nationally for Most Affordable Colleges for Hospitality Degree Programs • No. 8 nationally for Most Affordable Online Schools for Out-of-State Students, Master’s Degree • No. 10 nationally for Best Affordable ESL Teaching Degree Programs MILITARY FRIENDLY SCHOOL RANKING • No. 3 nationally in the Small Public University classification • 2022-23 Gold Division MILITARY SPOUSE FRIENDLY SCHOOL RANKING • No. 3 nationally in the Small Public University classification REGISTEREDNURSING.ORG • No. 5 in Minnesota for Online RN to BSN Programs • No. 19 nationally for Best Affordable Agricultural Business Management Degree Programs
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ALUMNI
ALUMNI Total Alumni. . . . . . . . . . . . . . . . . . . . . . . . . 24,617 Residing in MN. . . . . . . . . . . . . . . . . . . . . . 16,583 Employed Full-time at SMSU. . . . . . . . . . . . 126 EMPLOYMENT & PLACEMENT* 99.2% of recent SMSU graduates are employed 96.1% of SMSU graduates secured employment related to their field of study 7.2% of SMSU graduates continued education 85% are employed in Minnesota * As reported by 2021 graduates within one year of graduation. 23
ATHLETICS NCAA DIVISION II Northern Sun Intercollegiate Conference Men’s Sports Baseball Cross Country Track & Field Basketball Football Wrestling Co-ed Sports Esports Wheelchair Basketball
Women’s Sports Basketball Soccer Tennis Cross Country Softball Track & Field Golf Swimming & Diving Volleyball
ATHLETIC HIGHLIGHTS FOR 2022-23 YEAR • More than 230 student-athletes named to Dean’s List • A total of 138 student-athletes named Academic All-NSIC • A total of 19 student-athletes received AllNSIC accolades. • Five student-athletes named All-Region or Region Champion. • Two student-athletes named All-American. 24
• Jennifer Flowers became the first female Director of Athletics in University history to oversee both the women’s and men’s programs. • Onte Burns (football) led the NSIC in tackles for the third straight season and was named to the CCA All-Region second team. He also broke the NSIC career record for solo tackleswith 213. • Jesse Sherwood (football) became the eighth player in program history to run for at least 2,000 yards in his career. His 1,213 rushing yards and 134.8 yards per game both ranksecond in SMSU single-season history, and helped him earn CCA All-Region second team honors. • SMSU volleyball ranked as high as No. 5-nationally before finishing the season ranked No. 12 in the AVCA Top 25. SMSU’s 23-6 overall record included a pair of top-five victories, highlighted by a five-set thriller over No. 1 Wayne State on Oct. 22. • Head coach Tyler Boddy (volleyball) opened his first season with 11 straight victories, the longest streak to begin a coaching career in SMSU history.
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ATHLETICS CONTINUED • Women’s basketball hosted a NSIC Tournament game for the second straight season and reached the tournament semifinals for the first time since 2003. The team set a program record for 3-pointers made in a season. • Jenna Borchers (women’s basketball) set program record for career 3-point field goals. • Sam Wall (women’s basketball) set a program single-season record for 3-pointers made in a season. • Wheelchair basketball placed fifth at the 2023 NIWBT championship. • Isaac Nett (baseball) named first team CSC Academic All-American. • Juliana Villa earned CSC Academic AllAmerican accolades. She also earned the NSIC Elite 18 Award for women’s swimming & diving. • SMSU tennis (2023) qualified for the NSIC Tournament for the fourth straight season.
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• Jeremy Ische was named the new head baseball coach.
ATHLETICS CONTINUED ATHLETIC ACHIEVEMENTS IN THE HISTORY OF SMSU 52 NSIC regular season championships 1 NCAA National Runner-up 3 NCAA Region Championships 3 NIWBT National Championships 4 Individual National Champions 259 All-American awards 28 CoSIDA Academic All-Americans 3 NCAA Postgraduate Scholarship recipients 2 NCAA Volleyball National Player of the Year awards 8 NSIC Female Scholar-Athlete of the Year awards 3 NSIC Male Scholar-Athletes of the Year awards 8 NCAA Division II Award of Excellence for Civic Engagement
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ASSETS
THE CAMPUS Number of Acres. . . . . . . . . . . . . . . . . . . . . . . . . . 216 Number of Buildings . . . . . . . . . . . . . . . . . . . . . . . . 27 Building Space Maintained . . . . 1,233,169 sq. ft. Building Replacement Value. . . . . $463,830,274
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FINANCIAL DATA* Revenue Net Tuition and Fees. . . . . . . . . . . . . . $14,234,000 State Operating Appropriation. . . . . $21,147,000 Other Revenue. . . . . . . . . . . . . . . . . . . $17,757,000 Expenses Salaries and Benefits. . . . . . . . . . . . . $38,679,000 Other. . . . . . . . . . . . . . . . . . . . . . . . . . . . $17,784,000 Assets Total Net Position . . . . . . . . . . . . . . . . $44,454,000 *(Financial data from fiscal year ended June 30, 2022)
FOUNDATION SMSU FOUNDATION Fiscal Year 2022 (July 1, 2021-June 30, 2022) Assets . . . . . . . . . . . . . . . . . . . . . . . . $24,519,421 Contributions . . . . . . . . . . . . . . . . . . . . $2,745,909 Number of Donors . . . . . . . . . . . . . . . . . . . . . 2,876 Foundation Dollars Contributed: Total Support to SMSU . . . . . . . . . $3,416,032 Scholarship Support . . . . . . . . . . . $1,224,522 www.SMSUFoundation.org | 800-260-0970 The SMSU Foundation is served by a 31-member board consisting of alumni and friends of the institution who strive to advance the mission of the Foundation in support of SMSU. The SMSU Alumni Association, Minnesota Agriculture & Rural Leadership (MARL) and Mustangs Booster Club organizations all fall under the leadership of the SMSU Foundation and are served by their own respective boards. These three organizations each have distinct missions that serve a broad range of constituents. Alumni: www.SMSUAlumni.com MARL: www.MARLProgram.org Boosters: www.SMSUMustangs.com
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IMPACT SMSU’s impact on the regional economy is estimated at $286.5 million, according to a study commissioned by the Minnesota State system in 2023. This includes a direct impact of $86.3 million and an indirect impact of $86.8 million. The University supports and sustains 2,248 jobs each year—1,614 direct and 634 indirect. SMSU employs 413 people. An estimated $4,265,823 in charitable donations and volunteer activities are generated annually by SMSU faculty, staff, and students. This includes donations of $538,755 and the equivalent of $3.7 million in volunteer time. Approximately, 9,080 alumni live and work in Minnesota, generating $424.5 million in economic impact, and sustaining 2,309 jobs. Over their 40-year careers, SMSU alumni will generate roughly $17 billion to the economy. SMSU, our suppliers, students, and visitors generate $23.4 million in combined impact on the local and state tax revenue. This includes a direct impact of $15.9 million and an indirect impact of $7.5 million.
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PLANNING The Strategic Plan is the product of campuswide collaboration to envision the future for SMSU and to guide our decision-making for the next five years (2021-2026). The Strategic Plan is a dynamic document with updates made to reflect the changing needs of our students and our institution. The Strategic Plan articulates six strategic priorities that will guide the University in pursuit of its Mission, Vision, and Values: 1. Affirm and support diversity, equity, and inclusion. 2. Inspire academic success and discovery through innovative teaching, research, student support services, and other high-impact experiences. 3. Foster civic engagement and strategic partnerships. 4. Support student engagement and leadership development. 5. Ensure Effective Institutional Operations and Community Well-being. 6. Increase enrollment and improve retention.
For further information visit: www.smsu.edu/go/strategicplanning
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Our Community COMMUNITY
SMSU is located in Marshall, Minnesota, a friendly, growing community of almost 14,000. Marshall, named one of America’s Best Small Cities, is an easy drive from the Twin Cities, St. Cloud, Sioux Falls, SD and Fargo, ND. Marshall is also the proud home of Schwan’s Company, Action TrackChair, Runnings, and Ralco, along with major employers USBank, ADM, and Avera Marshall Regional Medical Center. Marshall is also home to the Red Baron Arena & Expo, a premier ice facility and event center. For more information about Marshall visit: www.visitmarshallmn.com 32
REFERRALS Alumni and current faculty/staff, please consider referring future Mustangs to the Office of Admission online at: www.SMSU.edu/go/ReferAStudent If the student you refer enrolls, the student will be entered into a drawing for two $500 scholarships. Referral winners and you will be notified at the beginning of each fall semester and recognized on SMSU Today. Contact the Office of Admission at 507-537-6286 or Admission@SMSU.edu www.SMSU.edu/admission
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DISCOVER. ENGAGE. LEAD.
1-800-642-0684
www.SMSU.edu A member of the Minnesota State system. ADA Accessible. Equal Opportunity Educator and Employer.
Published by: SMSU Communications & Marketing and Data Management & Institutional Research 1501 State Street · Marshall MN 56258
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