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

For the academic year 2022-2023, total 264 full-time, first-time students (55% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 904 students (43% of all students) have received federal student loans and the average loan amount is $6,165 at South Dakota School of Mines and Technology.

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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