by our College Data Analytics TeamThe total cost of attendance at South Dakota State University can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Curious about the financial aid opportunities at South Dakota State and what you may be eligible for? Explore the answers here.
South Dakota State University average financial aid offer for freshmen students is $4,332.00. Financial aid is provided to about 95% of first-year students, with the bulk of support coming in the form of loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at South Dakota State University.
Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.
The following numbers pertain to assistance that is supplied by South Dakota State University.
66% of incoming freshmen (1359 total) were awarded scholarships at South Dakota State University, averaging $2,707.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 67% of freshmen (1388 total) received a federal grant, for about $2,214.00 a person.
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 6.42% | $8,059.00 |
| Income 30k-48k | 4.86% | $7,384.00 |
| Income 48k-75k | 6.37% | $3,404.00 |
| Income 75k-110k | 7.88% | $1,837.00 |
| Income 110k + | 11.04% | $2,120.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
1818 South Dakota State undergrads obtain grant aid (this is about 95% of the entire undergraduate student population). The average amount these students receive is $4,332.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.