Public 2 Year

Southeast Technical Institute Tuition & Cost

Sioux Falls, South Dakota

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How much does it cost to attend?

Sticker Price
Costs for Southeast Technical Institute
Fee Cost
Books and Supplies$2,400
Other Fees$3,840
Room and Board $8,405
Other Expenses Budget$4,506

Annual Prices

The annual list price to attend Southeast Technical Institute on a full time basis for 2020/2021 is $22,781 for all students regardless of their residency. This fee is comprised of $3,630 for tuition, $8,405 room and board, $2,400 for books and supplies and $3,840 for other fees. Out of state tuition for Southeast Technical Institute is $3,630, the same as South Dakota residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

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

Average Net Price 2019/2020
Net Price by Income Southeast Technical Institute
Family Income Net Price Paid
$0 to $30,000$13,254
$30,001 to $48,000$15,170
$48,001 to $75,000$16,294
$75,001 to $110,000$17,390

The average reported annual net price for Southeast Technical Institute for students receiving grants or scholarship aid was $14,133 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Financial Aid

91% of full-time undergrad Southeast Technical Institute received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,549 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 65% of students received Federal Student Loans averaging $5,678 and 8% of undergrads took out private student loans averaging $7,492.

Finanical Aid Southeast Technical Institute
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,549 91%
Institutional Grants and Scholarships $1,337 27%
Pell Grants $4,398 37%
Other Federal Grants $591 10%
State and Local Grants $3,271 34%
Federal Student Loans $5,678 65%
Other Student Loans $7,492 8%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Southeast Technical Institute, we've modeled a ten year student loan with an original principal value of $18,754. The loan balance of $18,754 is a two year multiple of the $9,377 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 $179 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 $18,754
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $178.93
Total Interest Paid $2,718.06
Sum of All Loan Payments $21,472.06

Projected 2 Year Degree Price

2 Year Sticker Price
Year All Residents
1 $22,781
2 $24,547

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Southeast Technical Institute to be $45,562 - assuming graduation in normal time. The estimation assumes a 7.8% annual increase over the next 2 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Southeast Technical Institute
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $121 $363 $484

Estimated cost for a class at Southeast Technical Institute 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 Southeast Technical Institute versus other colleges.

Tuition Payment Plans Available

Southeast Technical Institute Payment Plans
Tuition Payment Plan No
Prepaid Tuition Plan No
Alternative Tuition Plan No
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=219426 IPEDS survey data for Southeast Technical Institute.