Payback
EarningsPlus
Economic score
South Dakota School of Mines and Technology is a public regional university located in Rapid City, South Dakota. South Dakota School of Mines and Technology is very inclusive in their admissions.
Return on educational investment at South Dakota School of Mines and Technology is in the top 25% of all ranked schools. The median student earns $71,287 10 years after enrolling, 1st in South Dakota, and in the top 10% nationally. When adjusted for earning differences by major, South Dakota School of Mines and Technology bachelor students earn 4% less than the national average. South Dakota School of Mines and Technology is ranked 1st in South Dakota.
South Dakota School of Mines and Technology’s median net annual cost of $19,919 and average years to graduate of 5.4 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at South Dakota School of Mines and Technology sorted by number of graduates - Mechanical Engineering, Computer science, Civil Engineering, Industrial Engineering, Chemical Engineering, Electrical Engineering - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$19,919
Average years to graduate
5.4
Mining/Mineral Engineering
Rank: #8
Economic score: 2.28
Geological/Geophysical Engineering.
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 4.75
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 1 graduate programs at South Dakota School of Mines and Technology - Engineering Fields - are shown below.
The average full-time graduate completes their degree in 5.4 years. 54% of all students graduate within 8 years including part-time students. The graduation rate at South Dakota School of Mines and Technology is 4% higher than the state average, and 4% below the average for all regional universities in the country.
At South Dakota School of Mines and Technology, Pell Grant recipients represent 17% of the measured graduating class, 18% lower than the national average of 35%. The average Pell Grant recipient at South Dakota School of Mines and Technology graduates within 5.5 years.
South Dakota School of Mines and Technology is in the bottom 5% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
South Dakota School of Mines and Technology’s economic mobility score of 13.87 is calculated by adjusting the 1.71 economic score of lower-income students by the 17% pell grant recipients within the student body. South Dakota School of Mines and Technology’s EMS of 13.87 ranks in the bottom 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Bottom 50%
The average Title IV recipient at South Dakota School of Mines and Technology pays $19,919 a year, $5,531 less than the $25,450 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $19,919
Much of the gap between net price and sticker price is filled by institutional and government grants. At South Dakota School of Mines and Technology, 83% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $19,919 on average to be covered by the student – be it through loans or out of pocket. In total, 54% of students take out loans, federal or private, at an average amount of $7,636. This is equal to the national average.
Federal grants
$4,907
Pell grants
$4,402
State grants
$1,292
Institutional grants
$4,307
South Dakota School of Mines and Technology's very inclusive admissions are indicated by their 80% acceptance rate. In 2021, the school had 1,445 applicants, of which 1,163 were admitted and 489 enrolled. South Dakota School of Mines and Technology has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
95%
83%
Female
22%
59%
First time
77%
59%
In-state
41%
68%
1st generation
18%
35%
White
84%
52%
Black
1%
14%
Hispanic
5%
15%
Asian
2%
5%
American Indian
1%
1.6%
Pacific Islander
N/A
0.3%
Other
7%
12%