Midwestern State University
Public College in Wichita Falls, TX. Six-year graduation rate 43%. Median 10-year earnings $55,747.
Students who entered Midwestern State University land at a median of $55,747 a decade later, close to what most four-year schools deliver. The six-year graduation rate is 43%, meaning about three in five students who start do not finish. Median debt at graduation is $21,030, roughly typical for an undergraduate degree. On economic mobility, 2.0% of students travel from the bottom income quintile to the top.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ 3-year loan default 0.0% — below national benchmark
Admissions
With an acceptance rate of 94%, Midwestern State University takes nearly everyone who applies. 7,803 applications came in, enough to make the rates below reasonably stable year to year. Only 13% of admitted students enroll — the great majority of admits go elsewhere or nowhere.
Test score bands (middle 50% of submitters)
These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.
| Test | 25th–75th percentile | Submitted |
|---|---|---|
| SAT Evidence-Based Reading | — | — |
| SAT Math | — | |
| ACT Composite | — | — |
IPEDS Admissions · 2024
Apply at Midwestern State University →Academics
Completion is middling: 43% finish inside six years. First-year retention is 64% — the single largest point of attrition on this campus. Retention and completion are close, which places the gap between entering and finishing almost entirely in year one. A 18:1 ratio is unremarkable; expect a mix of lecture halls and seminars. This is a public four-year university, so read every rate on this page against that peer group specifically.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 4,044 degree- or certificate-seeking undergraduates
Average net price is $11,215 a year after grant aid — low for a four-year institution, though your own figure depends on aid eligibility. Net price swings hard on family income here, from $8,856 at the $0–30k band to $18,988 at $110k+. Most students get help: 94% receive grants worth $8,874 on average. 44% of students take federal loans, a middling borrowing rate.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 787 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $8,856 |
| $30–48k | $9,886 |
| $48–75k | $11,445 |
| $75–110k | $15,365 |
| $110k+ | $18,988 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 1,792 of these 4,044 students, totalling $11,496,720 — an average of $6,416 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Wichita County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)