How SD Mines's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at South Dakota School of Mines and Technology since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,485, which is 63.44 % of all undergraduate students. 1,196 students which is 50.33% of undergraduate students received federal student loans and the average loan amount is $6,534.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	1,461 (63%)	$4,743	597 (26%)	$3,972	1,285 (55%)	$6,870
2014-15	1,567 (63%)	$4,915	656 (27%)	$4,074	1,416 (57%)	$6,857
2015-16	1,500 (52%)	$5,260	608 (21%)	$4,009	1,356 (47%)	$6,695
2016-17	1,449 (60%)	$5,363	537 (22%)	$4,038	1,301 (53%)	$6,716
2017-18	1,415 (58%)	$5,593	522 (22%)	$4,076	1,263 (52%)	$6,655
2018-19	1,399 (61%)	$5,682	465 (20%)	$4,239	1,151 (50%)	$6,374
2019-20	1,569 (71%)	$6,030	444 (20%)	$4,205	1,082 (49%)	$6,405
2020-21	1,450 (68%)	$6,168	372 (17%)	$4,402	1,006 (47%)	$6,066
2021-22	1,553 (75%)	$6,336	339 (16%)	$4,544	904 (43%)	$6,165
Average	1,485 (63.44%)	$5,566	504 (21.22%)	$4,173	1,196 (50.33%)	$6,534

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 394 (80.11 % of students) received grants or scholarships and its average amount is $4,646. It can cover 31.39% of tuition & fees ($14,800) based on out-of-state rate.

In addition, 290 (58.44 % of students) students get helped from the students loans (average amount : $7,455).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	406 (74%)	$3,508	338 (62%)	$7,297
2014-15	406 (68%)	$3,999	379 (63%)	$6,866
2015-16	382 (76%)	$3,761	290 (58%)	$7,436
2016-17	402 (82%)	$4,230	292 (59%)	$7,838
2017-18	377 (82%)	$4,423	285 (62%)	$6,770
2018-19	355 (78%)	$4,827	265 (58%)	$7,362
2019-20	410 (88%)	$5,743	257 (55%)	$8,038
2020-21	369 (83%)	$5,895	239 (54%)	$7,636
2021-22	436 (90%)	$5,431	264 (55%)	$7,854
Average	394 (80.11%)	$4,646	290 (58.44%)	$7,455

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 106 (21.22 % of students) received Pell (federal) grants and its average amount is $4,126.

In addition, 122 students received State/local government grants/scholarships (24.67 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	143 (26%)	$3,721	41 (8%)	$2,593	109 (20%)	$1,045	327 (60%)	$2,055
2014-15	165 (28%)	$3,815	45 (8%)	$2,183	136 (23%)	$997	361 (60%)	$2,106
2015-16	98 (20%)	$3,745	29 (6%)	$1,494	117 (23%)	$1,303	335 (67%)	$2,609
2016-17	97 (20%)	$4,095	33 (7%)	$1,377	145 (29%)	$1,251	370 (75%)	$2,909
2017-18	100 (22%)	$3,977	44 (10%)	$1,872	143 (31%)	$1,247	325 (71%)	$3,104
2018-19	90 (20%)	$4,178	40 (9%)	$2,075	121 (26%)	$1,275	302 (66%)	$3,644
2019-20	94 (20%)	$4,302	133 (28%)	$1,823	122 (26%)	$1,207	366 (78%)	$4,264
2020-21	84 (19%)	$4,732	114 (26%)	$1,537	107 (24%)	$1,292	340 (77%)	$4,307
2021-22	79 (16%)	$4,566	238 (49%)	$1,927	98 (20%)	$1,281	365 (75%)	$3,898
Average	106 (21.22%)	$4,126	80 (16.78%)	$1,876	122 (24.67%)	$1,211	343 (69.89%)	$3,211

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 290 (58.44 % of students) get any students loan help and its average loan amount is $290.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	338 (62%)	$7,297	325 (60%)	$5,824	61 (11%)	$9,406
2014-15	379 (63%)	$6,866	375 (63%)	$5,886	51 (9%)	$7,751
2015-16	290 (58%)	$7,436	276 (55%)	$5,505	58 (12%)	$10,984
2016-17	292 (59%)	$7,838	282 (57%)	$5,314	66 (13%)	$11,970
2017-18	285 (62%)	$6,770	281 (61%)	$5,343	39 (8%)	$10,973
2018-19	265 (58%)	$7,362	255 (56%)	$5,076	57 (12%)	$11,515
2019-20	257 (55%)	$8,038	251 (54%)	$5,069	67 (14%)	$11,844
2020-21	239 (54%)	$7,636	230 (52%)	$4,907	56 (13%)	$12,435
2021-22	264 (55%)	$7,854	259 (54%)	$5,083	61 (13%)	$12,411
Average	290 (58.44%)	$7,455	282 (56.89%)	$5,334	57 (11.67%)	$11,032

Most Searched South Dakota Colleges (last 30 days)

4-Year Colleges

National American University-Ellsworth Private, four-years | Box Elder
South Dakota State University Public, four-years | Brookings
Dakota State University Public, four-years | Madison
University of South Dakota Public, four-years | Vermillion
Black Hills State University Public, four-years | Spearfish
South Dakota School of Mines and Technology Public, four-years | Rapid City
National American University-Rapid City Private, four-years | Rapid City
Avera Sacred Heart Hospital Private, 2-4 years | Yankton
University of Sioux Falls Private, four-years | Sioux Falls
Kairos University Private, four-years | Sioux Falls

compare schools

Graduate

South Dakota School of Mines and Technology Public, four-years | Rapid City
University of Sioux Falls Private, four-years | Sioux Falls
Kairos University Private, four-years | Sioux Falls
Sinte Gleska University Public, four-years | Mission
Dakota State University Public, four-years | Madison
Mount Marty University Private, four-years | Yankton
Northern State University Public, four-years | Aberdeen
Augustana University Private, four-years | Sioux Falls
Institute of Lutheran Theology Private, four-years | Brookings
Black Hills State University Public, four-years | Spearfish

compare schools

Online Schools

Dakota State University Public, four-years | Madison
South Dakota State University Public, four-years | Brookings
Mount Marty University Private, four-years | Yankton
Black Hills State University Public, four-years | Spearfish
South Dakota School of Mines and Technology Public, four-years | Rapid City
University of South Dakota Public, four-years | Vermillion
University of Sioux Falls Private, four-years | Sioux Falls
National American University-Harold D. Buckingham Graduate School Private, four-years | Rapid City
Institute of Lutheran Theology Private, four-years | Brookings
Lake Area Technical College Public, 2-4 years | Watertown

compare schools

Trade Schools

Stewart School Private, Less than 2-years | Sioux Falls
Southeast Technical College Public, 2-4 years | Sioux Falls
University of South Dakota Public, four-years | Vermillion
Sanford Medical Center Private, 2-4 years | Sioux Falls
The Salon Professional Academy Private, Less than 2-years | Rapid City
Dakota State University Public, four-years | Madison
South Dakota School of Mines and Technology Public, four-years | Rapid City
Sinte Gleska University Public, four-years | Mission
Sisseton Wahpeton College Public, four-years | Sisseton
South Dakota State University Public, four-years | Brookings

compare schools

Scholarships, Grants, and Loan Trends at SD Mines

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time