S
Rapid City, South Dakota

South Dakota School of Mines and Technology Tuition & Cost

How much does it cost to attend?

In State South Dakota Resident Sticker Price
$24,590
In State Costs for South Dakota School of Mines and Technology
Fee Cost
Tuition$7,380
Books and Supplies$2,020
Other Fees$3,020
Room and Board $8,170
Other Expenses Budget$4,000
Out of State Resident Sticker Price
$28,770
Out of State Costs for South Dakota School of Mines and Technology
Fee Cost
Tuition$11,560
Books and Supplies$2,020
Other Fees$3,020
Room and Board $8,170
Other Expenses Budget$4,000

Residents of South Dakota pay an annual total price of $24,590 to attend South Dakota School of Mines and Technology on a full time basis. This fee is comprised of $7,380 for tuition, $8,170 room and board, $2,020 for books and supplies and $3,020 for other fees.

Out of state residents are charged a total cost of $28,770 which is 17% higher than South Dakota residents. The tuition charge is $11,560 while room and board is $8,170, books and supplies are $2,020 and other fees come in at $3,020.

All price data is sourced from the 2017/2018 U.S. Department of Education National Center for Education Statistics survey.

Sponsored

Net Price

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

Average Net Price 2017/2018
$19,577
Net Price by Income South Dakota School of Mines and Technology
Family Income Net Price Paid
$0 to $30,000$15,885
$30,001 to $48,000$16,937
$48,001 to $75,000$18,863
$75,001 to $110,000$21,642
$110,000+$21,132

The average reported annual net price for South Dakota School of Mines and Technology for students receiving grants or scholarship aid was $19,577 in 2017/2018. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

Finanical Aid South Dakota School of Mines and Technology
Type Avg./Student Students Receiving
Annual Total Grant Aid $4,230 82%
Pell Grant $4,095 20%
Federal Student Loan $5,314 57%

The average reported annual net price for South Dakota School of Mines and Technology for students receiving grants or scholarship aid was $19,577 in 2017/2018.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to South Dakota School of Mines and Technology, we've modeled a ten year student loan with an original principal value of $53,988. The loan balance of $53,988 is a four year multiple of the $13,497 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 $564 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 4.7%.

Example Loan $53,988
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $563.70
Total Interest Paid $13,655.56
Sum of All Loan Payments $67,643.56

Projected 4 Year Degree Price

4 Year Sticker Price
$98,360
Year South Dakota Residents Non Residents
1 $24,590 $28,770
2 $28,978 $33,904
3 $34,150 $39,955
4 $40,244 $47,085

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at South Dakota School of Mines and Technology to be $98,360 - assuming graduation in normal time. The estimation assumes a 17.8% 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 South Dakota School of Mines and Technology
Price Per Credit 3 Credit Class 4 Credit Class
South Dakota Residents $246 $738 $984
Out of State Residents $385 $1,155 $1,540

Estimated cost for a class at South Dakota School of Mines and Technology 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 South Dakota School of Mines and Technology versus other colleges.

Tuition Payment Plans Available

South Dakota School of Mines and Technology 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=219347 IPEDS survey data for South Dakota School of Mines and Technology.