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What is the average financial aid amount at South Dakota School of Mines and Technology?

For the academic year 2022-2023, total 456 full-time, first-time students (94% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.

For all undergraduate students, total 1,553 students (75% of all students) received grants or scholarships and the average grant amount is $6,336. In addition, 904 students received student loans and the average loan amount is $6,165.

Below tables show the number and amount by source of financial aid at South Dakota School of Mines and Technology.
All Undergraduate Student Financial Aid at South Dakota School of Mines and Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,55375%$6,336
Pell Grants33916%$4,544
Federal Student Loans90443%$6,165
Beginning Students (Freshmen) Financial Aid at South Dakota School of Mines and Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid45694%-
Grants or Scholarship from All Sources43690%$5,431
Federal Grants23949%$3,428
Pell Grants7916%$4,566
Other Federal Grants23849%$1,927
State/Local Grants9820%$1,281
Institutional Grants36575%$3,898
Student Loans26455%$7,854
Federal Student Loans25954%$5,083
Other Student Loans6113%$12,411

Know more about SD Mines

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