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South Dakota School of Mines and Technology

Average Grant & Scholarships

In 2022, 83 of freshman students at South Dakota School of Mines and Technology received on average $5,895 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$5,895
Students Receiving Aid Average Amount Total Amount
Pell Grant 84 19% $4,732 $397,453
Other Federal Grant 124 28% $4,618 $572,656
State Grant/Scholarships 107 24% $1,292 $138,295
Institutional Grant/Scholarships 340 77% $4,307 $1,464,387
Total Grant & Scholarships 369 83% $5,895 $2,175,338

Average Student Loans

In 2022, 52% of freshman students at South Dakota School of Mines and Technology received $4,907 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$4,907
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 230 52% $4,907 $1,128,676
Private Loans 56 13% $12,435 $696,358
Total Loans 239 54% $7,636 $1,825,034

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

Yellow Ribbon Program

Yellow Ribbon Program is a voluntary program through which participating public and private institutions can provide veterans and eligible beneficiaries additional institutional aid to cover the costs of tuition and fees at their institutions. The Yellow Ribbon Program is a supplementary program to the Post 9/11 GI Bill coverage of in-state tuition and fees. The Department of Veterans Affairs matches the institutional aid provided beyond the in-state tuition and fees, but to certain limit each year.

$3,151
Average aid amount
2022

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$7,370
Average aid amount
2022

Compare Similar Colleges

The list of suggested college comparisons provided below is generated automatically by our system, utilizing statistics gathered from the National Center for Education Statistics (NCES) and various online sources. If you don't find the colleges you wish to compare, please visit our comparison page. There, you can search for the specific colleges and initiate your comparison.
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