#4 Best Private Colleges in South Dakota

Dakota Wesleyan University Tuition & Cost

Mitchell, South Dakota

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How much does it cost to attend?

Sticker Price
Costs for Dakota Wesleyan University
Fee Cost
Books and Supplies$1,000
Other Fees$1,050
Room and Board $7,300
Other Expenses Budget$1,850

Annual Prices

The annual list price to attend Dakota Wesleyan University on a full time basis for 2018/2019 is $38,900 for all students regardless of their residency. This fee is comprised of $27,700 for tuition, $7,300 room and board, $1,000 for books and supplies and $1,050 for other fees. Out of state tuition for Dakota Wesleyan University is $27,700, the same as South Dakota residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Dakota Wesleyan University when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
Net Price by Income Dakota Wesleyan University
Family Income Net Price Paid
$0 to $30,000$23,500
$30,001 to $48,000$17,400
$48,001 to $75,000$21,162
$75,001 to $110,000$21,924

The average reported annual net price for Dakota Wesleyan University for students receiving grants or scholarship aid was $21,891 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

100% of full-time undergrad Dakota Wesleyan University received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $15,823 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 85% of students received Federal Student Loans averaging $5,375 and 30% of undergrads took out private student loans averaging $11,446.

Finanical Aid Dakota Wesleyan University
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $15,823 100%
Institutional Grants and Scholarships $13,488 100%
Pell Grants $4,059 36%
Other Federal Grants $1,287 22%
State and Local Grants $1,157 53%
Federal Student Loans $5,375 85%
Other Student Loans $11,446 30%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Dakota Wesleyan University, we've modeled a ten year student loan with an original principal value of $67,164. The loan balance of $67,164 is a four year multiple of the $16,791 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $641 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $67,164
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $640.82
Total Interest Paid $9,734.24
Sum of All Loan Payments $76,898.24

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $38,900
2 $40,271
3 $41,690
4 $43,160

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Dakota Wesleyan University to be $155,600 - assuming graduation in normal time. The estimation assumes a 3.5% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Dakota Wesleyan University
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $550 $1,650 $2,200

Estimated cost for a class at Dakota Wesleyan University based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Dakota Wesleyan University versus other colleges.

Tuition Payment Plans Available

Dakota Wesleyan University Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=219091 IPEDS survey data for Dakota Wesleyan University.