Financial Aid at USD

[Last update: December 11, 2025]

3,875 students (55% of total 7,095 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at University of South Dakota (USD). The average amount of the aid awarded is $6,716.

For the first-time, full-time beginning students (freshmen), 95% of total 1,333 enrolled students have received any kind of financial aid and its average amount of aid received is $5,623.

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All Undergraduate Financial Aid

At University of South Dakota, 3,875 undergraduate students (55% of total 7,095 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,716.

Financial Aid Statistics (All Undergraduate Students) - USD
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship3,87555% $26,022,661$6,716
Pell Grants1,32419% $6,918,968$5,226
Federal Student Loan2,86540% $17,617,101$6,149

Beginning Undergraduate Students (Freshmen) Financial Aid

1,267 beginning undergraduate students (95% of total 1,333 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at University of South Dakota. The average amount of aid received is $5,623.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - USD
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,26795% --
Grants or Scholarships1,11383%$6,258,808$5,623
Federal Grants34026%$2,132,582$6,272
Pell Grants33625%$1,816,507$5,406
Other Federal Grants22017%$316,075$1,437
State/Local Grants20515%$321,263$1,567
Institutional Grants99274%$3,804,963$3,836
Student Loan Aid81261%$6,433,983$7,924
Federal Student Loans80260%$4,114,569$5,130
Other Student Loans19915%$2,319,414$11,655

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

The following table shows the number of students awarded and the average grants / scholarship aid amount by income level for the academic year 2023-2024 at University of South Dakota.

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 LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level785645$3,445,475$4,389
0-30,000120119$1,182,857$9,857
30,001-48,0009186$650,123$7,144
48,001-75,000134121$661,449$4,936
75,001-110,00012690$287,944$2,285
110,001 or more314229$663,102$2,112

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