Financial Aid at SD Mines

Average Amount Received	% Received Financial Aid
$6,336	75%

1,553 students (75% of total 2,084 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at South Dakota School of Mines and Technology.

The average amount of the aid awarded is $6,336. For the first-time, full-time beginning students (freshmen), 94% of total 484 enrolled students have received any kind of financial aid and its average amount of aid received is $5,431.

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All Undergraduate Financial Aid

At South Dakota School of Mines and Technology, 1,553 undergraduate students (75% of total 2,084 students) have received financial aid including grants, scholarships, and/or federal student loans.The average amount of aid received is $6,336.

Financial Aid Statistics (All Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	1,553	75%	$9,839,429	$6,336
Pell Grants	339	16%	$1,540,282	$4,544
Federal Student Loan	904	43%	$5,572,799	$6,165

Beginning Undergraduate Students (Freshmen) Financial Aid

456 beginning undergraduate students (94% of total 484 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at South Dakota School of Mines and Technology. The average amount of aid received is $5,431.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	456	94%	-	-
Grants or Scholarships	436	90%	$2,367,713	$5,431
Federal Grants	239	49%	$819,274	$3,428
Pell Grants	79	16%	$360,696	$4,566
Other Federal Grants	238	49%	$458,578	$1,927
State/Local Grants	98	20%	$125,530	$1,281
Institutional Grants	365	75%	$1,422,909	$3,898
Student Loan Aid	264	55%	$2,073,567	$7,854
Federal Student Loans	259	54%	$1,316,481	$5,083
Other Student Loans	61	13%	$757,086	$12,411

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at South Dakota School of Mines and Technology.

The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.

Grants of Scholarship Aid Statistics By Income Level
Income Level	Number of Students	Number of Students Awarded	Total Amount Aid Awarded	Average Amount Aid Awarded
All level	219	185	$1,030,546	$4,706
0-30,000	27	27	$265,517	$9,834
30,001-48,000	21	20	$180,273	$8,584
48,001-75,000	33	29	$151,998	$4,606
75,001-110,000	57	43	$189,390	$3,323
110,001 or more	81	66	$243,368	$3,005

Financial Aid at SD Mines

All Undergraduate Financial Aid

Beginning Undergraduate Students (Freshmen) Financial Aid

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

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