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) - SD Mines
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,55375% $9,839,429$6,336
Pell Grants33916% $1,540,282$4,544
Federal Student Loan90443% $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) - SD Mines
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid45694% --
Grants or Scholarships43690%$2,367,713$5,431
Federal Grants23949%$819,274$3,428
Pell Grants7916%$360,696$4,566
Other Federal Grants23849%$458,578$1,927
State/Local Grants9820%$125,530$1,281
Institutional Grants36575%$1,422,909$3,898
Student Loan Aid26455%$2,073,567$7,854
Federal Student Loans25954%$1,316,481$5,083
Other Student Loans6113%$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 LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level219185$1,030,546$4,706
0-30,0002727$265,517$9,834
30,001-48,0002120$180,273$8,584
48,001-75,0003329$151,998$4,606
75,001-110,0005743$189,390$3,323
110,001 or more8166$243,368$3,005
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