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School Profile: South Dakota School of Mines and Technology

South Dakota School of Mines and Technology

Rapid City, SD

2,125 undergraduates of 2,652 total students

School Website


Public

4 Year

City

Small

How to Understand School Data

Costs

Average Annual Cost

The average total cost of attending school for the most recent year.

The "out of pocket" cost of attending school after the student has received any financial aid that does not need to be repaid (grants and scholarships). This figure is comprehensive and includes expenses such as:

  • In-State Tuition: $10,770
  • Out-of-State Tuition: $15,080
  • Books and Supplies: $2,040
  • Campus Housing: $8,770
  • Other Expenses: $4,400

As you can see, the average student who receives financial aid pays substantially less than the "sticker price."

$19,815

per year

School Net Price Calculator

Cost by Family Income

The average annual cost based on family income.

The average annual cost based on family income.
Family Income Average Annual Cost
$0-$30,000 $15,464
$30,001-$48,000 $16,644
$48,001-$75,000 $20,299
$75,001-$110,000 $21,246
$110,001+ $21,324

Student Success

Graduation Rate

High graduation rates are a sign of student success.

A low graduation rate may burden people with student loan debt without the increased earning power of a college degree.
50% of students graduate within eight years.

Retention Rate

The percentage of students returning after year one.

A high retention rate is a general indicator that student financial and academic needs are being met. The national average retention rate is around 81% for four-year schools and 63% for two-year schools.
78% of students return after their first year.

Average 10 Year Salary

The average salaries of employed alumni 10 years after enrollment.

$62,400

annual salary

Popular Majors

The top majors and starting salaries of employed graduates.

Mechanical Engineering
$67,789
Civil Engineering
$60,523
Chemical Engineering
$69,338
Industrial Engineering
$63,005
Computer and Information Sciences, General
$61,020

Geological/Geophysical Engineering
$50,856
Mining and Mineral Engineering
$74,953

Admissions

Standardized Test Scores

SAT and ACT scores of admitted students.

SAT Reading

800 565 665

SAT Math

800 590 690

ACT

36 24 29

Acceptance Rate

The percentage of first-time applicants who were admitted.

77%

Financial Aid Debt

The figures below exclude possible loans from non-government lenders.

Students with Federal Loans

The percentage of students with federal aid.

56%

Student Federal Loan Debt

Lowest to highest based on field of study.

$27,000 - $30,750

$258 - $293 per month for 10 years

Parent PLUS Loans

Up to 15% of parents borrow federal loans.

$23,600

$254 per month for 10 years

Default Rate

The percentage of students who default on federal loans within three years.

Most federal student loans are in default if no payments have been made in 270 days. Default is a serious situation with substantial negative consequences for the borrower. A high default rate may indicate that students aren't earning enough to repay their loans or that schools are not educating students on loan repayment options (there are options to avoid default regardless of income). The national average default rate is approximately 7%.

5%

Student Body

Socio-Economic Diversity

The percentage of students who received an income-based federal Pell grant.

20%

of students

Enrollment Status

The percentage of undergraduates who are enrolled on a full-time schedule.

88% / 12%

Full-time / Part-time
2,125 total

Race/Ethnicity

The proportion of students in specific race/ethnicity categories.

83% White
6% Hispanic
4% Two or more races
3% Non-resident alien
2% Black
1% Asian
1% American Indian/Alaska Native
1% Unknown
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