St Olaf College

St Olaf College is a moderately selective private nonprofit college in Northfield, Minnesota. It admits about 1 in 2 applicants, graduates 84% of its students within six years, and its former students earn a median $65,543 ten years after starting college, more than 78% of the Minnesota colleges we cover.

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Acceptance rate
48%

More selective than 86% of Minnesota colleges we cover.

College Scorecard, Fall 2024 entering class

What your family pays
$23,874 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $71,843. College Scorecard.

Graduation rate
84%

Higher than 92% of Minnesota colleges we cover and 92% of colleges nationwide. U.S. median 54%.

Within 6 years · College Scorecard

Earnings after college
$65,543

Higher than 78% of Minnesota colleges we cover and 80% of colleges nationwide. U.S. median $53,263.

Median, 10 years after starting · College Scorecard

St Olaf College acceptance rate & admissions

Of 5,956 applicants, St Olaf College admitted 3,106 and 825 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1300–1470 on the SAT or 28–32 on the ACT.

5,956
Applied
3,106
Admitted
825
Enrolled

IPEDS Admissions, Fall 2023 entering class

SAT total, middle 50% of first-years1300–1470
ACT composite, middle 50% of first-years28–32
First-years who sent SAT scores12%
First-year students who return92%
Pell Grant recipients21%
First-generation students13%
Women / men58% / 42%

Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS

St Olaf College tuition, cost & net price

What families actually pay per year, by income

Average net price after grants and scholarships for students who receive federal aid. Tap your income band.

College Scorecard, latest reported year (federal aid recipients)

Sticker price (before aid)

Tuition & fees$59,760
Housing & meals, on campus$13,000
Books & supplies$1,000
Total cost of attendance$71,843

IPEDS 2023-24 cost items; total from College Scorecard

Median debt at graduation$23,250
Loan default rate0.8%3-year rate, 2017 repayment cohort

College Scorecard; Urban Institute Education Data Portal

Full cost breakdown, in-state vs out-of-state →

What St Olaf College costs to finish, and how fast it pays back

Graduates of St Olaf College took 4.0 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Minnesota. The figures follow your residency and income choices above.

Family incomeNet price / yrCost to finishYears to pay back
$0–30k$10,404$42,1361.5 years
$30–48k$11,342$45,9351.7 years
$48–75k$12,584$50,9651.9 years
$75–110k$20,367$82,4863.0 years
$110k+$33,166$134,3224.9 years

Cost to finish = yearly price × 4.0 years, the average time graduates took (79% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($65,543) minus $38,184 for high school graduates ages 25-34 in MN (Census ACS 2020-2024), a gain of $27,359 a year. Before taxes, loan interest and earnings given up while in school. Method

College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.

Best-value colleges in Minnesota for your income →

St Olaf College majors, earnings & careers

St Olaf College offers 36 bachelor's majors across 8 areas. Earnings below are for this school's graduates of each major, four years after finishing.

  • Humanities & Languages · 15
  • Arts & Design · 5
  • Science & Math · 5
  • Social Sciences & Public Service · 5
  • Education · 2
  • Health & Medicine · 2
  • Business & Finance · 1
  • Technology & Computing · 1

Highest-earning majors at St Olaf College

MajorEarnings, 4 yrsMedian debt
Computer Science$122,912$23,875
Mathematics$87,691$23,000
Economics$84,559$27,000
Kinesiology / Exercise Science$66,314$25,000
Biology$62,818$24,500
Sociology and Anthropology$60,225$24,644
Political Science$57,869$24,250
Psychology (Research)$56,282$25,000
Quick list of all 36 majors
  • Area Studies$47,677
  • Biology$62,818
  • Chemistry—
  • Classical and Ancient Studies—
  • Classics—
  • Computer Science$122,912
  • Dance—
  • East Asian Languages (Chinese / Japanese / Korean)—
  • Economics$84,559
  • Education—
  • Education (Subject Teaching)$51,909
  • English$49,382
  • Environmental Science / Conservation$48,137
  • Ethnic / Gender Studies$54,100
  • Film and Photography—
  • German—
  • History$42,538
  • Kinesiology / Exercise Science$66,314
  • Liberal Arts / General Studies—
  • Mathematics$87,691
  • Medieval and Renaissance Studies—
  • Music$42,439
  • Nursing—
  • Philosophy—
  • Physics—
  • Political Science$57,869
  • Psychology$53,666
  • Psychology (Research)$56,282
  • Religious Music and Worship—
  • Religious Studies$37,335
  • Slavic, Baltic and Albanian Languages, Literatures, and Linguistics—
  • Social Work$50,611
  • Sociology and Anthropology$60,225
  • Spanish / French / Romance Languages$53,232
  • Studio Art$44,287
  • Theatre$45,023

— means too few graduates to report earnings.

College Scorecard field of study, latest release

All majors by area with earnings 1 and 4 years out, and debt →

Biology → Biological technician

$48,130
Minnesota
$57,510
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 7.4% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Computer Science → Software developer

$130,050
Minnesota
$135,980
U.S.

Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 10.2% from 2025 to 2035.

BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35

Living in Northfield

Off-campus rent, 1 bedroom
$937/mo

2 bedrooms $1,226.

HUD Fair Market Rent, FY2027

Weather
23° / 82°

January and July average highs. 35 inches of rain a year, 43 inches of snow.

NOAA Climate Normals 1991-2020

Natural hazard risk
Relatively Low

No hazard rated high.

FEMA National Risk Index, Rice County

Campus & students

Total enrollment (incl. graduate)3,074
First-year students from Minnesota47%
Next most common home statesWisconsin, Illinois, Colorado
AthleticsNCAA Division III with football · 15 sports
Undergraduate degrees awarded, 2023-24100% bachelor's
Campus typeHighly residential
Student bodyWhite 67% · Hispanic 10% · Asian 5% · Two or more 5%International 11%

IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute

Rice County at a glance

Population67,917
Median household income$83,181
Adults with a bachelor's degree30%
Median age37

U.S. Census Bureau, ACS 5-year 2024

Compare St Olaf College with similar schools

Similar private colleges in Minnesota by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
St Olaf College48%$23,87484%$65,543This school
Gustavus Adolphus College61%$22,90077%$65,607
Macalester College29%$32,14987%$63,878
Minneapolis College of Art and Design48%$29,92651%$40,873
Concordia College at Moorhead63%$24,90261%$59,317

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

St Olaf College would cost you $974 more per year than Gustavus Adolphus College, on average.

  • Higher sticker price at St Olaf College, mostly from higher tuition & fees (+$3,684).
  • St Olaf College gives aided families $3,256 more in grants, on average.
Per year, Minnesota residentSt Olaf CollegeGustavus Adolphus CollegeDifference
Tuition & fees$59,760$56,076+$3,684
Books & supplies$1,000$900+$100
Housing & meals$13,000$11,290+$1,710
Personal & travel$900$1,180−$280
Living-at-home adjustment−$2,817−$1,833−$984
Sticker price$71,843$67,613+$4,230
Average grants−$47,969−$44,713−$3,256
You pay$23,874$22,900+$974

“+” means St Olaf College costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Common questions about St Olaf College

What is the St Olaf College acceptance rate?

St Olaf College accepts 48% of applicants (College Scorecard). In the latest IPEDS admissions year, 3,106 of 5,956 applicants were admitted. The middle half of enrolled first-year students scored 1300–1470 on the SAT or 28–32 on the ACT.

How much does St Olaf College cost per year?

The sticker price (cost of attendance) is $71,843 a year. After grants and scholarships, students receiving federal aid pay $23,874 a year on average; families earning $0–30k pay $10,404 and families earning $110k+ pay $33,166.

How much do St Olaf College graduates earn?

Former St Olaf College students earn a median $65,543 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.

What is the St Olaf College graduation rate?

84% of first-time, full-time students graduate within six years, and 92% return for their second year.

How long does a St Olaf College degree take to pay off?

For a family earning $48–75k, finishing at St Olaf College costs about $50,965 after grants ($12,584 a year for 4.0 years, the average time graduates took). Former students earn a median $65,543 ten years after starting, $27,359 more than high school graduates in Minnesota ($38,184), so the cost is repaid in 1.9 years of that gain, before taxes and interest (EducationGuide calculation).

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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “St Olaf College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/st-olaf-college (College Scorecard and IPEDS data).