How USD'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 University of South Dakota since 2013.

For that period, the average number of students who received grants aid/scholarships is 4,148, which is 55.78 % of all undergraduate students. 3,833 students which is 51.56% of undergraduate students received federal student loans and the average loan amount is $6,522.

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	4,057 (53%)	$4,412	2,099 (27%)	$3,813	4,368 (57%)	$6,730
2014-15	4,094 (54%)	$4,493	1,982 (26%)	$3,936	4,277 (57%)	$6,620
2015-16	4,190 (56%)	$4,887	1,808 (24%)	$4,029	4,034 (54%)	$6,654
2016-17	4,126 (55%)	$5,115	1,738 (23%)	$4,039	3,949 (53%)	$6,583
2017-18	4,075 (53%)	$5,302	1,737 (23%)	$4,212	3,947 (52%)	$6,533
2018-19	4,156 (55%)	$5,494	1,808 (24%)	$4,370	3,941 (52%)	$6,393
2019-20	4,465 (60%)	$5,495	1,740 (23%)	$4,229	3,669 (49%)	$6,490
2020-21	4,212 (59%)	$5,677	1,445 (20%)	$4,438	3,322 (47%)	$6,300
2021-22	3,953 (57%)	$6,850	1,349 (19%)	$4,579	2,992 (43%)	$6,391
Average	4,148 (55.78%)	$5,303	1,745 (23.22%)	$4,183	3,833 (51.56%)	$6,522

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

Overview

For the last 10 years, on average, 951 (79.11 % of students) received grants or scholarships and its average amount is $5,069. It can cover 39.17% of tuition & fees ($12,942) based on out-of-state rate.

In addition, 794 (66.22 % of students) students get helped from the students loans (average amount : $7,248).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	960 (78%)	$4,454	836 (68%)	$7,030
2014-15	911 (79%)	$4,498	790 (69%)	$7,103
2015-16	956 (80%)	$4,817	807 (67%)	$7,068
2016-17	911 (78%)	$5,145	812 (70%)	$6,884
2017-18	940 (78%)	$4,852	841 (70%)	$7,283
2018-19	985 (76%)	$5,208	880 (68%)	$7,720
2019-20	993 (80%)	$5,145	784 (64%)	$7,533
2020-21	975 (84%)	$5,196	698 (60%)	$7,275
2021-22	925 (79%)	$6,308	698 (60%)	$7,340
Average	951 (79.11%)	$5,069	794 (66.22%)	$7,248

^*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, 328 (27.44 % of students) received Pell (federal) grants and its average amount is $4,203.

In addition, 258 students received State/local government grants/scholarships (21.56 % 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	362 (30%)	$3,908	206 (17%)	$1,453	267 (22%)	$1,000	777 (63%)	$2,953
2014-15	317 (28%)	$3,900	173 (15%)	$1,228	259 (23%)	$1,053	785 (68%)	$3,027
2015-16	340 (28%)	$4,055	219 (18%)	$1,350	261 (22%)	$1,267	798 (67%)	$3,258
2016-17	327 (28%)	$4,001	198 (17%)	$1,179	266 (23%)	$1,348	773 (67%)	$3,605
2017-18	333 (28%)	$4,124	189 (16%)	$1,144	276 (23%)	$1,335	760 (63%)	$3,425
2018-19	368 (28%)	$4,394	214 (16%)	$1,040	292 (23%)	$1,322	813 (63%)	$3,572
2019-20	355 (29%)	$4,351	456 (37%)	$1,105	237 (19%)	$1,342	737 (60%)	$3,722
2020-21	274 (24%)	$4,450	274 (24%)	$2,251	260 (22%)	$1,396	879 (76%)	$3,262
2021-22	277 (24%)	$4,642	426 (37%)	$3,296	200 (17%)	$1,298	781 (67%)	$3,694
Average	328 (27.44%)	$4,203	262 (21.89%)	$1,561	258 (21.56%)	$1,262	789 (66.00%)	$3,391

^*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, 794 (66.22 % of students) get any students loan help and its average loan amount is $794.

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	836 (68%)	$7,030	831 (68%)	$5,905	124 (10%)	$7,824
2014-15	790 (69%)	$7,103	787 (69%)	$5,786	126 (11%)	$8,394
2015-16	807 (67%)	$7,068	800 (67%)	$5,706	133 (11%)	$8,564
2016-17	812 (70%)	$6,884	808 (70%)	$5,629	116 (10%)	$8,983
2017-18	841 (70%)	$7,283	836 (69%)	$5,595	156 (13%)	$9,282
2018-19	880 (68%)	$7,720	867 (67%)	$5,420	213 (16%)	$9,833
2019-20	784 (64%)	$7,533	775 (63%)	$5,341	177 (14%)	$9,981
2020-21	698 (60%)	$7,275	689 (60%)	$5,102	158 (14%)	$9,890
2021-22	698 (60%)	$7,340	687 (59%)	$5,217	145 (12%)	$10,612
Average	794 (66.22%)	$7,248	787 (65.78%)	$5,522	150 (12.33%)	$9,263

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4-Year Colleges

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Scholarships, Grants, and Loan Trends at USD

All Undergraduate Students Financial Aid Over Time

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