Mayo Clinic College of Medicine and Science

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2023 Undergraduate Tuition
$9,908
4.2% growth from 2022
2023 Average Net Price
$11,577
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
38.7%
124 Applicants
2023 Enrolled Students
1,480
96.8% Full-Time

About

Mayo Clinic College of Medicine and Science is a higher education institution located in Olmsted County, MN. In 2023, the most popular Professional Doctorate concentrations at Mayo Clinic College of Medicine and Science were Medicine (113 degrees awarded).

In 2023, 544 degrees were awarded across all undergraduate and graduate programs at Mayo Clinic College of Medicine and Science. 66.4% of these degrees were awarded to women, and 33.6% awarded men. The most common race/ethnicity group of degree recipients was white (313 degrees), 3.91 times more than then the next closest race/ethnicity group, asian (80 degrees).

The median undergraduate tuition at Mayo Clinic College of Medicine and Science is $9,908, which is $−5,256 less than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at Mayo Clinic College of Medicine and Science was 0%, corresponding to 0 out of the 139 total borrowers.

Costs

In 2023, the median undergraduate tuition at Mayo Clinic College of Medicine and Science is $9,908, which is $5,256 less than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $11,577.

In 2023, 72% of undergraduate students attending Mayo Clinic College of Medicine and Science received financial aid through grants. Comparatively, 12% of undergraduate students received financial aid through loans.

Tuition Costs

$9,908
2023 Undergraduate Tuition

In 2023, the cost of tuition at Mayo Clinic College of Medicine and Science was $9,908. The cost of tuition at Mayo Clinic College of Medicine and Science is $−5,256 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of Mayo Clinic College of Medicine and Science (in red) with those of other similar universities.

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Average Net Price

$11,577
2023 Value
2.14%
1 Year Growth

In 2023 Mayo Clinic College of Medicine and Science had an average net price — the price paid after factoring in grants and loans — of $11,577. Between 2022 and 2023, the average net price of Mayo Clinic College of Medicine and Science grew by 2.14%.

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Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$8,724
Room and Board
$200
Books and Supplies

The average yearly cost of room and board at Mayo Clinic College of Medicine and Science was of $8,724 in 2023. The cost of room and board increased by 18% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $200. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

72%
Undergraduates Receiving Financial Aid through Grants
12%
Undergraduates Receiving Financial Aid through Loans

72% of undergraduate students at Mayo Clinic College of Medicine and Science received financial aid through grants or loans in 2023. This represents a growth of 9.09% with respect to 2022, when 66% of undergraduate students received financial aid.

This chart compares the average award discount at Mayo Clinic College of Medicine and Science (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Mayo Clinic College of Medicine and Science was 0%, which represents 0 out of the 139 total borrowers.

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 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Mayo Clinic College of Medicine and Science received 124 undergraduate applications in 2023, which represents a 125% annual growth. Out of those 124 applicants, 48 students were accepted for enrollment, representing a 38.7% acceptance rate.

There were 1,480 students enrolled at Mayo Clinic College of Medicine and Science in 2023.

Mayo Clinic College of Medicine and Science has an overall enrollment yield of 93.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

38.7%
Acceptance Rate in 2023
48
Accepted Out of 124

In 2023, the undergraduate acceptance rate of Mayo Clinic College of Medicine and Science was 38.7% (48 admissions from 124 applications). This is lower than the acceptance rate of 2022, which was 63.6%. Between 2022 and 2023, the number of applicants grew by 125%, while admissions grew by 37.1%.

This chart compares the acceptance rate of Mayo Clinic College of Medicine and Science (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

N/A% of enrolled first-time students at Mayo Clinic College of Medicine and Science in false submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Mayo Clinic College of Medicine and Science had a total enrollment of 1,480 students in 2023. The full-time enrollment at Mayo Clinic College of Medicine and Science is 1,432 students and the part-time enrollment is 48. This means that 96.8% of students enrolled at Mayo Clinic College of Medicine and Science are enrolled full-time.

The enrolled student population at Mayo Clinic College of Medicine and Science, both undergraduate and graduate, is 56.6% White, 13.9% Asian, 5.95% Black or African American, 4.73% Two or More Races, 3.92% Hispanic or Latino, 0.608% American Indian or Alaska Native, and 0.203% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Mayo Clinic College of Medicine and Science in full-time Undergraduate programs are most commonly White Female (60.4%), followed by White Male (15%) and Asian Female (4.88%). Students enrolled in full-time Graduate programs are most commonly White Female (28.8%), followed by White Male (22.4%) and Asian Female (9.7%).

Full-Time vs Part-Time Enrollment

96.8%
Full-Time Enrollment

The total enrollment at Mayo Clinic College of Medicine and Science in 2023, both undergraduate and graduate, is 1,480 students. The full-time enrollment at Mayo Clinic College of Medicine and Science is 1,432 and the part-time enrollment is 48. This means that 96.8% of students enrolled at Mayo Clinic College of Medicine and Science are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Mayo Clinic College of Medicine and Science (in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    838 enrolled students
  2. Asian
    206 enrolled students
  3. Black or African American
    88 enrolled students

The enrolled student population at Mayo Clinic College of Medicine and Science is 56.6% White, 13.9% Asian, 5.95% Black or African American, 4.73% Two or More Races, 3.92% Hispanic or Latino, 0.608% American Indian or Alaska Native, and 0.203% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 45 students (3.04%) did not report their race.

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Graduates

In 2023, 178 more women than men received degrees from Mayo Clinic College of Medicine and Science. The most common race/ethnicity group of degree recipients at Mayo Clinic College of Medicine and Science is white (313 degrees awarded). There were 3.91 times more white recipients than the next closest race/ethnicity group, asian (80 degrees).

The most common Professional Doctorate concentration at Mayo Clinic College of Medicine and Science is Medicine (113 degrees awarded).

In 2023,  the most specialized majors across all degree types at Mayo Clinic College of Medicine and Science, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Health (496 degrees awarded), Biology (37 degrees), and Engineering (11 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Mayo Clinic College of Medicine and Science are Registered nurses (1,538,777 people), Physicians (529,408 people), Software developers (489,022 people), Other managers (455,588 people), and Miscellaneous engineers, including nuclear engineers (364,135 people).

The most specialized majors at Mayo Clinic College of Medicine and Science in 2023 are Health (496 degrees awarded), Biology (37 degrees), and Engineering (11 degrees) (as of 2023).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Mayo Clinic College of Medicine and Science are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Chief executives & legislators

The most specialized majors at Mayo Clinic College of Medicine and Science are Health (496 degrees awarded), Biology (37 degrees), and Engineering (11 degrees) (as of 2023).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Mayo Clinic College of Medicine and Science are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,984,767 people), Colleges, universities & professional schools, including junior colleges (530,498 people), Computer Systems Design (508,280 people), Architectural, engineering & related services (449,436 people), and Elementary & secondary schools (427,949 people).

The most specialized majors at Mayo Clinic College of Medicine and Science are Health (496 degrees awarded), Biology (37 degrees), and Engineering (11 degrees) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Mayo Clinic College of Medicine and Science.

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Mayo Clinic College of Medicine and Science was Radiographer with 41 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Mayo Clinic College of Medicine and Science according to their major.

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Sex Breakdown for Common Majors

183
Degrees Awarded to Men
in 2023
361
Degrees Awarded to Women
in 2023

In 2023, 183 degrees were awarded to men at Mayo Clinic College of Medicine and Science, which is 0.507 times less than the number of degrees awarded to females (361).

This chart displays the sex disparity between the top 5 majors at Mayo Clinic College of Medicine and Science by degrees awarded.

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Most Common Male Majors

In 2023, 56 degrees were awarded to men at Mayo Clinic College of Medicine and Science in Medicine, which is 0.982 times less than the 57 female recipients with that same degree.

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Most Common Female Majors

In 2023, 70 degrees were awarded to men at Mayo Clinic College of Medicine and Science in Phlebotamy Technician, which is 4.38 times more than the 16 male recipients with that same degree.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    313 degrees awarded
  2. Asian
    80 degrees awarded
  3. Hispanic or Latino
    50 degrees awarded

The most common race/ethnicity at Mayo Clinic College of Medicine and Science is white (313 degrees awarded). There were 3.91 times more white recipients than the next closest race/ethnicity group, asian (80 degrees).

3.49% of degree recipients (19 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Female
    222 degrees awarded
  2. White Male
    91 degrees awarded
  3. Asian Male
    42 degrees awarded

The most common race/ethnicity and sex grouping at Mayo Clinic College of Medicine and Science is white female (222 degrees awarded). There were 2.44 times more white female recipients than the next closest race/ethnicity group, white male (91 degrees).

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Operations

The most common positions for non-instructional staff at Mayo Clinic College of Medicine and Science are: Office and Administrative Support, with 41 employees, Management, with 28 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 20 employees.

Salary Expenditure

$52.5M
2023 Salaries
5.03%
growth from 2022

In 2023, Mayo Clinic College of Medicine and Science paid a median of $52.5M in salaries, a 5.03% growth from the previous year. This is compared to a 14.4% growth between 2021 and 2022, and a 5.12% growth between 2020 and 2021.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

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Occupations by Share

Office and Administrative Support
Most Common Non-Instructional Employee
41 Employees

In 2023, the most common positions for non-instructional staff at Mayo Clinic College of Medicine and Science were Office and Administrative Support with 41 employees, Management with 28 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 20 employees.

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