South Dakota School of Mines and Technology

www.sdsmt.edu

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2023 Undergraduate Tuition

$7,800

0.256% growth from 2022

2023 Average Net Price

$20,243

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

85.3%

1,539 Applicants

2023 Enrolled Students

2,492

77.8% Full-Time

2023 Graduation Rate

57.5%

263 Graduates

About

South Dakota School of Mines and Technology is a higher education institution located in Pennington County, SD. In 2023, the most popular Bachelors Degree concentrations at South Dakota School of Mines and Technology were Mechanical Engineering (76 degrees awarded), Chemical Engineering (42 degrees), and General Civil Engineering (39 degrees).

In 2023, 560 degrees were awarded across all undergraduate and graduate programs at South Dakota School of Mines and Technology. 25% of these degrees were awarded to women, and 75% awarded men. The most common race/ethnicity group of degree recipients was white (444 degrees), 17.8 times more than then the next closest race/ethnicity group, hispanic or latino (25 degrees).

The median undergraduate tuition at South Dakota School of Mines and Technology is $7,800, which is $−7,364 less than the national average for Special Focus Institutions ($15,164).

In 2020 the default rate for borrower's at South Dakota School of Mines and Technology was 0%, corresponding to 0 out of the 485 total borrowers.

Special Focus Four-Year: Engineering Schools Special Focus Institutions

Costs

In 2023, the median undergraduate tuition at South Dakota School of Mines and Technology is $7,800, which is $7,364 less than the national average for Special Focus Institutions ($15,164).

After taking grants and loans into account, the average net price for students is $20,243.

In 2023, 65% of undergraduate students attending South Dakota School of Mines and Technology received financial aid through grants. Comparatively, 43% of undergraduate students received financial aid through loans.

Tuition Costs

$7,800

2023 Undergraduate Tuition

In 2023, the cost of tuition at South Dakota School of Mines and Technology was $7,800. The cost of tuition at South Dakota School of Mines and Technology is $−7,364 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).

This chart compares the tuition costs of South Dakota School of Mines and Technology (in red) with those of other similar universities.

Average Net Price

$20,243

2023 Value

4.17%

1 Year Growth

In 2023 South Dakota School of Mines and Technology had an average net price — the price paid after factoring in grants and loans — of $20,243. Between 2022 and 2023, the average net price of South Dakota School of Mines and Technology grew by 4.17%.

This chart compares the average net price of South Dakota School of Mines and Technology (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$9,350

Room and Board

$2,060

Books and Supplies

The average yearly cost of room and board at South Dakota School of Mines and Technology was of $9,350 in 2023. The cost of room and board decreased by 1.06% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $2,060. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at South Dakota School of Mines and Technology (in red) with that of similar universities.

Financial Aid by Income Level

65%

Undergraduates Receiving Financial Aid through Grants

43%

Undergraduates Receiving Financial Aid through Loans

65% of undergraduate students at South Dakota School of Mines and Technology received financial aid through grants or loans in 2023. This represents a decline of 13.3% with respect to 2022, when 75% of undergraduate students received financial aid.

This chart compares the average award discount at South Dakota School of Mines and Technology (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at South Dakota School of Mines and Technology was 0%, which represents 0 out of the 485 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

South Dakota School of Mines and Technology received 1,539 undergraduate applications in 2023, which represents a 1.65% annual growth. Out of those 1,539 applicants, 1,312 students were accepted for enrollment, representing a 85.3% acceptance rate.

There were 2,492 students enrolled at South Dakota School of Mines and Technology in 2023. 26% of first-time enrollees submitted SAT scores with their applications.

South Dakota School of Mines and Technology has an overall enrollment yield of 37.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.3%

Acceptance Rate in 2023

1,312

Accepted Out of 1,539

In 2023, the undergraduate acceptance rate of South Dakota School of Mines and Technology was 85.3% (1,312 admissions from 1,539 applications). This is higher than the acceptance rate of 2022, which was 82.7%. Between 2022 and 2023, the number of applicants grew by 1.65%, while admissions grew by 4.79%.

This chart compares the acceptance rate of South Dakota School of Mines and Technology (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

26%

Submission Percentage (2023)

123

Scores Submitted (2023)

26% of enrolled first-time students at South Dakota School of Mines and Technology in 2023 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

South Dakota School of Mines and Technology had a total enrollment of 2,492 students in 2023. The full-time enrollment at South Dakota School of Mines and Technology is 1,940 students and the part-time enrollment is 552. This means that 77.8% of students enrolled at South Dakota School of Mines and Technology are enrolled full-time.

The enrolled student population at South Dakota School of Mines and Technology, both undergraduate and graduate, is 78.3% White, 5.54% Hispanic or Latino, 2.49% Two or More Races, 1.61% Asian, 1.48% Black or African American, 1.04% American Indian or Alaska Native, and 0.0803% Native Hawaiian or Other Pacific Islanders.

Students enrolled at South Dakota School of Mines and Technology in full-time Undergraduate programs are most commonly White Male (65.1%), followed by White Female (17.9%) and Hispanic or Latino Male (4.27%). Students enrolled in full-time Graduate programs are most commonly White Male (35.1%), followed by White Female (18.2%) and Hispanic or Latino Female (2.53%).

Full-Time vs Part-Time Enrollment

77.8%

Full-Time Enrollment

The total enrollment at South Dakota School of Mines and Technology in 2023, both undergraduate and graduate, is 2,492 students. The full-time enrollment at South Dakota School of Mines and Technology is 1,940 and the part-time enrollment is 552. This means that 77.8% of students enrolled at South Dakota School of Mines and Technology are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at South Dakota School of Mines and Technology (in red) compares to similar universities.

Retention Rate over Time

84%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at South Dakota School of Mines and Technology was 84%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), South Dakota School of Mines and Technology had a retention rate higher than its peers.

This chart shows the retention rate over time at South Dakota School of Mines and Technology (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
1,950 enrolled students
Hispanic or Latino
138 enrolled students
Two or More Races
62 enrolled students

The enrolled student population at South Dakota School of Mines and Technology is 78.3% White, 5.54% Hispanic or Latino, 2.49% Two or More Races, 1.61% Asian, 1.48% Black or African American, 1.04% American Indian or Alaska Native, and 0.0803% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 109 students (4.37%) did not report their race.

Graduates

In 2023, 280 fewer women than men received degrees from South Dakota School of Mines and Technology. The most common race/ethnicity group of degree recipients at South Dakota School of Mines and Technology is white (444 degrees awarded). There were 17.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (25 degrees).

The most common Bachelor's Degree concentration at South Dakota School of Mines and Technology is Mechanical Engineering (76 degrees awarded), followed by Chemical Engineering (42 degrees) and General Civil Engineering (39 degrees).

In 2023, the most specialized majors across all degree types at South Dakota School of Mines and Technology, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (397 degrees awarded), Physical Sciences (52 degrees), and Engineering Technologies (36 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at South Dakota School of Mines and Technology are Software developers (1,149,232 people), Other managers (497,199 people), Miscellaneous engineers, including nuclear engineers (430,010 people), Civil engineers (314,662 people), and Mechanical engineers (235,711 people).

The most specialized majors at South Dakota School of Mines and Technology in 2023 are Engineering (397 degrees awarded), Physical Sciences (52 degrees), Engineering Technologies (36 degrees), Math & Statistics (13 degrees), and Computer and Information Sciences and Support Services (34 degrees) (as of 2023).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at South Dakota School of Mines and Technology are Podiatrists, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at South Dakota School of Mines and Technology are Engineering (397 degrees awarded), Physical Sciences (52 degrees), Engineering Technologies (36 degrees), Math & Statistics (13 degrees), and Computer and Information Sciences and Support Services (34 degrees) (as of 2023).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at South Dakota School of Mines and Technology are Computer Systems Design (1,117,805 people), Architectural, engineering & related services (513,221 people), Colleges, universities & professional schools, including junior colleges (440,766 people), Construction (356,429 people), and Elementary & secondary schools (283,782 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by South Dakota School of Mines and Technology.

Most Common (2023)

Mechanical Engineering
76 degrees awarded
Chemical Engineering
42 degrees awarded
General Civil Engineering
39 degrees awarded

In 2023, the most common bachelors degree concentration at South Dakota School of Mines and Technology was Mechanical Engineering with 76 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at South Dakota School of Mines and Technology according to their major.

Sex Breakdown for Common Majors

420

Degrees Awarded to Men

in 2023

140

Degrees Awarded to Women

in 2023

In 2023, 420 degrees were awarded to men at South Dakota School of Mines and Technology, which is 3 times more than the number of degrees awarded to females (140).

This chart displays the sex disparity between the top 5 majors at South Dakota School of Mines and Technology by degrees awarded.

Most Common Male Majors

In 2023, 74 degrees were awarded to men at South Dakota School of Mines and Technology in Mechanical Engineering, which is 7.4 times more than the 10 female recipients with that same degree.

Most Common Female Majors

In 2023, 20 degrees were awarded to men at South Dakota School of Mines and Technology in Chemical Engineering, which is 0.714 times less than the 28 male recipients with that same degree.

Time to Complete

24%

100% Completion Time

52%

150% Completion Time

In 2023, 24% of students graduating from South Dakota School of Mines and Technology completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 52% completed their degrees within 150% of the normal time, and 56% within 200%.

The following chart shows these completion rates over time compared to the average for the Special Focus Institutions Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at South Dakota School of Mines and Technology is Female and American Indian or Alaska Native (100% graduation rate). Across all Special Focus Institutions, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.76% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
444 degrees awarded
Hispanic or Latino
25 degrees awarded
Two or More Races
21 degrees awarded

The most common race/ethnicity at South Dakota School of Mines and Technology is white (444 degrees awarded). There were 17.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (25 degrees).

0.357% of degree recipients (2 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
337 degrees awarded
White Female
107 degrees awarded
Hispanic or Latino Male
20 degrees awarded

The most common race/ethnicity and sex grouping at South Dakota School of Mines and Technology is white male (337 degrees awarded). There were 3.15 times more white male recipients than the next closest race/ethnicity group, white female (107 degrees).

Operations

South Dakota School of Mines and Technology has an endowment valued at nearly $100M, as of the end of the 2023 fiscal year. The return on its endowment was of 234k (0.234%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.

In 2023, South Dakota School of Mines and Technology had a total salary expenditure of 79.8M. South Dakota School of Mines and Technology employs 43 Assistant professors, 38 Associate professors and 37 Professors. Most academics at South Dakota School of Mines and Technology are Male Assistant professor (36), Male Professor (32), and Male Associate professor (30).

The most common positions for non-instructional staff at South Dakota School of Mines and Technology are: Management, with 59 employees, Computer, Engineering, and Science, with 43 employees, and Office and Administrative Support with 36 employees.

Endowment

$100M

2023 Endowment

13%

growth from 2022

South Dakota School of Mines and Technology has an endowment valued at about $100M, as of the end of the 2023 fiscal year. The endowment of South Dakota School of Mines and Technology grew 13% from the previous year. The value of their endowment was $87.7M higher than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at South Dakota School of Mines and Technology (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Engineering Schools Carnegie Classification grouping.

Salary Expenditure

$47.2M

2023 Salaries

29.2%

growth from 2022

In 2023, South Dakota School of Mines and Technology paid a median of $47.2M in salaries, which represents 59.1% of their overall expenditure ($79.8M) and a 29.2% growth from the previous year. This is compared to a 3.29% growth between 2021 and 2022, and a 2.45% growth between 2020 and 2021.

The median for similar Special Focus Institutions is 3.17M (40.8% of overall expenditures).

Instructional Salaries

$15.5M

Instructional Salaries

153

Number of Employees

In 2023, South Dakota School of Mines and Technology paid a total of $15.5M to 153 employees working as instructors, which represents 32.9% of all salaries paid.

This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

43 Employees

Management

Most Common Non-Instructional Employee

59 Employees

In 2023, the most common positions for instructional staff at South Dakota School of Mines and Technology were Assistant professor with 43 employees, Associate professor with 38 employees, and Professor with 37 employees.

In 2023, the most common positions for non-instructional staff at South Dakota School of Mines and Technology were Management with 59 employees, Computer, Engineering, and Science with 43 employees, and Office and Administrative Support with 36 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Assistant professor
Male Professor
Male Associate professor

In 2023, the most common demographic for instructional staff at South Dakota School of Mines and Technology was Male Assistant professor with 36 employees, Male Professor with 32 employees, and Male Associate professor with 30 employees.

This chart shows the sex split between each academic rank present at South Dakota School of Mines and Technology.

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