Financial Aid

Tuition, fees, and financial assistance information for South Dakota School of Mines and Technology

Rapid City, SD

In-State Tuition

$7,800

Out-of-State Tuition

$12,200

Average Net Price

$20,243

Price Difference

-$12,443

Avg. financial aid

Tuition & Fees

In-State Students $7,800

Annual tuition for residents of SD

Out-of-State Students $12,200

Annual tuition for non-residents

Average Net Price $20,243

Average amount students pay after grants and scholarships

Net Price by Family Income

Average net price for students receiving Title IV federal financial aid (2022-23)

$0 - $30,000

$15,481

$30,001 - $48,000

$17,330

$48,001 - $75,000

$20,041

$75,001 - $110,000

$21,496

Over $110,000

$22,179

Financial Aid Overview

For first-time, full-time undergraduate students (2022-23)

Students Receiving Any Financial Aid

496 of 523 students

95%

Grants & Scholarships

Recipients

434 (83%)

Average Award

$4,746

Federal Pell Grants

Recipients

85 (16%)

Average Award

$4,828

Aid by Source

State & Local Grants

108 recipients (21%)

$1,285 avg

Institutional Grants

402 recipients (77%)

$3,565 avg

Student Loans

Federal student loan data for all undergraduates (2022-23)

Total Borrowers

936

43% of students

Average Loan Amount

$6,092

Financial Aid Resources

Net Price Calculator

Estimate your actual cost after financial aid

Financial Aid Office

Learn about available aid programs and apply

FAFSA Information

Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.

Apply for FAFSA →

Payment Plans Available

Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:

  • Monthly payment plans
  • Deferred payment options
  • Employer tuition assistance programs

Need Help?

Contact the financial aid office for personalized assistance with:

  • Scholarship opportunities
  • Grant eligibility
  • Work-study programs
  • Payment plan options

Federal School Codes

OPE ID: 00347000
IPEDS ID: 219347

Use these codes when applying for federal financial aid

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