All Undergraduate Financial Aid

At South Dakota School of Mines and Technology, 1,569 undergraduate students (71% of total 2,202 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,030.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship1,56971% $9,461,653$6,030
Pell Grants44420% $1,866,936$4,205
Federal Student Loan1,08249% $6,930,007$6,405

Beginning Undergraduate Students (Freshmen) Financial Aid

443 beginning undergraduate students (95% of total 467 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 $5,743.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid44395% --
Grants or Scholarships41088%$2,354,818$5,743
Federal Grants17738%$646,825$3,654
Pell Grants9420%$404,354$4,302
Other Federal Grants13328%$242,471$1,823
State/Local Grants12226%$147,280$1,207
Institutional Grants36678%$1,560,713$4,264
Student Loan Aid25755%$2,065,852$8,038
Federal Student Loans25154%$1,272,321$5,069
Other Student Loans6714%$793,531$11,844

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 2019-2020 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 level214187$1,103,981$5,159
0-30,0002725$226,059$8,373
30,001-48,0002221$183,524$8,342
48,001-75,0004742$250,247$5,324
75,001-110,0005140$180,344$3,536
110,001 or more6759$263,807$3,937


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