Scholarships, Grants, and Loan Trends at South Dakota State

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 6,510, which is 62.00 % of all undergraduate students. 5,660 students which is 53.33% of undergraduate students received federal student loans and the average loan amount is $6,511.
For full-time, first-time beginning students (freshmen), 74.44% of students received grants or scholarships and 66% of students received student loans.

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 State University since 2013.
For that period, the average number of students who received grants aid/scholarships is 6,510, which is 62.00 % of all undergraduate students. 5,660 students which is 53.33% of undergraduate students received federal student loans and the average loan amount is $6,511.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,425 (59%)$4,3492,848 (26%)$3,8646,576 (60%)$6,479
2014-156,302 (58%)$4,3932,694 (25%)$3,8896,408 (59%)$6,616
2015-165,971 (54%)$4,5732,396 (22%)$3,9316,070 (55%)$6,651
2016-175,917 (54%)$4,6742,295 (21%)$3,9205,919 (54%)$6,581
2017-186,085 (56%)$4,8472,373 (22%)$4,0835,892 (54%)$6,479
2018-195,812 (55%)$4,9972,210 (21%)$4,2205,504 (52%)$6,305
2019-207,001 (70%)$4,6032,063 (20%)$4,3705,184 (51%)$6,551
2020-216,388 (64%)$5,3231,842 (18%)$4,4294,889 (49%)$6,477
2021-228,692 (88%)$4,6361,776 (18%)$4,5194,500 (46%)$6,461
Average6,510 (62.00%)$4,7112,277 (21.44%)$4,1365,660 (53.33%)$6,511

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

For the last 10 years, on average, 1,566 (74.44 % of students) received grants or scholarships and its average amount is $4,262. It can cover 33.27% of tuition & fees ($12,809) based on out-of-state rate.
In addition, 1,391 (65.56 % of students) students get helped from the students loans (average amount : $7,992).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,471 (67%)$3,9291,470 (67%)$7,366
2014-151,460 (68%)$4,0691,488 (69%)$7,664
2015-161,440 (68%)$4,1001,395 (65%)$7,998
2016-171,417 (64%)$4,2011,515 (69%)$8,291
2017-181,467 (67%)$4,3561,505 (68%)$8,065
2018-191,409 (67%)$4,3531,413 (67%)$8,405
2019-201,818 (88%)$4,0501,333 (65%)$8,374
2020-211,645 (81%)$4,7471,240 (61%)$7,767
2021-221,969 (100%)$4,5511,163 (59%)$7,998
Average1,566 (74.44%)$4,2621,391 (65.56%)$7,992
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 506 (24.11 % of students) received Pell (federal) grants and its average amount is $4,143.
In addition, 459 students received State/local government grants/scholarships (21.78 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14580 (27%)$3,796413 (19%)$608471 (22%)$9881,165 (53%)$2,457
2014-15556 (26%)$3,932248 (11%)$756502 (23%)$9941,182 (55%)$2,596
2015-16527 (25%)$4,038209 (10%)$1,176485 (23%)$1,2661,224 (57%)$2,382
2016-17500 (23%)$3,945214 (10%)$1,108482 (22%)$1,2641,163 (53%)$2,695
2017-18551 (25%)$4,013262 (12%)$1,188451 (20%)$1,2301,155 (52%)$2,869
2018-19502 (24%)$4,263225 (11%)$1,267434 (21%)$1,2631,121 (53%)$2,819
2019-20463 (23%)$4,4281,335 (65%)$766457 (22%)$1,3371,359 (66%)$2,707
2020-21444 (22%)$4,345633 (31%)$1,482520 (26%)$1,3671,424 (70%)$2,971
2021-22434 (22%)$4,5311,966 (100%)$984332 (17%)$1,3351,645 (83%)$2,807
Average506 (24.11%)$4,143612 (29.89%)$1,037459 (21.78%)$1,2271,271 (60.22%)$2,700
*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..
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, 1,391 (65.56 % of students) get any students loan help and its average loan amount is $1,391.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-141,470 (67%)$7,3661,451 (66%)$5,454345 (16%)$8,449
2014-151,488 (69%)$7,6641,470 (68%)$5,545370 (17%)$8,793
2015-161,395 (65%)$7,9981,376 (65%)$5,641338 (16%)$10,047
2016-171,515 (69%)$8,2911,489 (67%)$5,488433 (20%)$10,136
2017-181,505 (68%)$8,0651,480 (67%)$5,583406 (18%)$9,545
2018-191,413 (67%)$8,4051,377 (65%)$5,194459 (22%)$10,290
2019-201,333 (65%)$8,3741,302 (63%)$5,255405 (20%)$10,670
2020-211,240 (61%)$7,7671,206 (60%)$5,063354 (17%)$9,956
2021-221,163 (59%)$7,9981,117 (57%)$5,143324 (16%)$10,979
Average1,391 (65.56%)$7,9921,363 (64.22%)$5,374382 (18.00%)$9,874
Most Searched South Dakota Colleges (last 30 days)
Related Articles and Ads