South Dakota School of Mines and Technology

www.sdsmt.edu

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2022 Undergraduate Tuition

$7,820

2022 Average Net Price

$21,124

After Financial Aid

2020 Default Rate

on Student Loans

2022 Acceptance Rate

82.7%

1,514 Applicants

2022 Enrolled Students

2,492

77% Full-Time

2022 Graduation Rate

55.9%

275 Graduates

About

South Dakota School of Mines and Technology is a higher education institution located in Pennington County, SD. In 2022, the most popular Bachelors Degree concentrations at South Dakota School of Mines and Technology were Mechanical Engineering (95 degrees awarded), General Civil Engineering (48 degrees), and Electrical & Electronics Engineering (33 degrees).

In 2022, 545 degrees were awarded across all undergraduate and graduate programs at South Dakota School of Mines and Technology. 26.4% of these degrees were awarded to women, and 73.6% awarded men. The most common race/ethnicity group of degree recipients was white (451 degrees), 23.7 times more than then the next closest race/ethnicity group, hispanic or latino (19 degrees).

The median undergraduate tuition at South Dakota School of Mines and Technology is $7,820, which is $−7,121 less than the national average for Special Focus Institutions ($14,942).

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 2022, the median undergraduate tuition at South Dakota School of Mines and Technology is $7,820, which is $7,122 less than the national average for Special Focus Institutions ($14,942).

After taking grants and loans into account, the average net price for students is $21,124.

In 2022, 75% 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

$7,820

2022 Undergraduate Tuition

In 2022, the cost of tuition at South Dakota School of Mines and Technology was $7,820. The cost of tuition at South Dakota School of Mines and Technology is $−7,122 less than than the overall (public and private) national average for Special Focus Institutions ($14,942).

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

$21,124

2022 Value

9.7%

1 Year Growth

In 2022 South Dakota School of Mines and Technology had an average net price — the price paid after factoring in grants and loans — of $21,124. Between 2021 and 2022, the average net price of South Dakota School of Mines and Technology grew by 9.7%.

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

$9,450

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 $9,450 in 2022. The cost of room and board increased by 2.83% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $2,060. The cost of books and supplies increased by 0.488% 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

75%

Undergraduates Receiving Financial Aid through Grants

43%

Undergraduates Receiving Financial Aid through Loans

75% of undergraduate students at South Dakota School of Mines and Technology received financial aid through grants or loans in 2022. This represents a growth of 10.3% with respect to 2021, when 68% 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 1,514 undergraduate applications in 2022, which represents a 4.78% annual growth. Out of those 1,514 applicants, 1,252 students were accepted for enrollment, representing a 82.7% acceptance rate.

There were 2,492 students enrolled at South Dakota School of Mines and Technology in 2022. 26% of first-time enrollees submitted SAT scores with their applications.

South Dakota School of Mines and Technology has an overall enrollment yield of 43%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

82.7%

Acceptance Rate in 2022

1,252

Accepted Out of 1,514

In 2022, the undergraduate acceptance rate of South Dakota School of Mines and Technology was 82.7% (1,252 admissions from 1,514 applications). This is higher than the acceptance rate of 2021, which was 80.5%. Between 2021 and 2022, the number of applicants grew by 4.78%, while admissions grew by 7.65%.

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 (2022)

134

Scores Submitted (2022)

26% of enrolled first-time students at South Dakota School of Mines and Technology in 2022 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 2022. The full-time enrollment at South Dakota School of Mines and Technology is 1,920 students and the part-time enrollment is 572. This means that 77% 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 79.5% White, 5.1% Hispanic or Latino, 2.69% Two or More Races, 1.48% Asian, 1.2% Black or African American, 0.963% American Indian or Alaska Native, and 0.0401% 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 (65.4%), followed by White Female (17.7%) and Hispanic or Latino Male (4.17%). Students enrolled in full-time Graduate programs are most commonly White Male (32.1%), followed by White Female (17.6%) and Hispanic or Latino Female (2.59%).

Full-Time vs Part-Time Enrollment

77%

Full-Time Enrollment

The total enrollment at South Dakota School of Mines and Technology in 2022, both undergraduate and graduate, is 2,492 students. The full-time enrollment at South Dakota School of Mines and Technology is 1,920 and the part-time enrollment is 572. This means that 77% of students enrolled at South Dakota School of Mines and Technology are enrolled full-time compared with 71.2% 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

83%

2022 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 83%. 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 (2022)

White
1,982 enrolled students
Hispanic or Latino
127 enrolled students
Two or More Races
67 enrolled students

The enrolled student population at South Dakota School of Mines and Technology is 79.5% White, 5.1% Hispanic or Latino, 2.69% Two or More Races, 1.48% Asian, 1.2% Black or African American, 0.963% American Indian or Alaska Native, and 0.0401% 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 42.1% White, 19.3% Hispanic or Latino, and 14.1% 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, 85 students (3.41%) did not report their race.

Graduates

In 2022, 257 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 (451 degrees awarded). There were 23.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (19 degrees).

The most common Bachelor's Degree concentration at South Dakota School of Mines and Technology is Mechanical Engineering (95 degrees awarded), followed by General Civil Engineering (48 degrees) and Electrical & Electronics Engineering (33 degrees).

In 2022, 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 (419 degrees awarded), Physical Sciences (37 degrees), and Math & Statistics (15 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 (1,064,555 people), Other managers (490,819 people), Miscellaneous engineers, including nuclear engineers (414,226 people), Civil engineers (296,297 people), and Mechanical engineers (225,521 people).

The most specialized majors at South Dakota School of Mines and Technology in 2022 are Engineering (419 degrees awarded), Physical Sciences (37 degrees), Math & Statistics (15 degrees), Engineering Technologies (24 degrees), and Computer and Information Sciences and Support Services (32 degrees) (as of 2022).

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 (419 degrees awarded), Physical Sciences (37 degrees), Math & Statistics (15 degrees), Engineering Technologies (24 degrees), and Computer and Information Sciences and Support Services (32 degrees) (as of 2022).

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 (2022)

Mechanical Engineering
95 degrees awarded
General Civil Engineering
48 degrees awarded
Electrical & Electronics Engineering
33 degrees awarded

In 2022, the most common bachelors degree concentration at South Dakota School of Mines and Technology was Mechanical Engineering with 95 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

401

Degrees Awarded to Men

in 2022

144

Degrees Awarded to Women

in 2022

In 2022, 401 degrees were awarded to men at South Dakota School of Mines and Technology, which is 2.78 times more than the number of degrees awarded to females (144).

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 2022, 97 degrees were awarded to men at South Dakota School of Mines and Technology in Mechanical Engineering, which is 7.46 times more than the 13 female recipients with that same degree.

Most Common Female Majors

In 2022, 20 degrees were awarded to men at South Dakota School of Mines and Technology in General Civil Engineering, which is 0.357 times less than the 56 male recipients with that same degree.

Time to Complete

19%

100% Completion Time

50%

150% Completion Time

In 2022, 19% 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, 50% completed their degrees within 150% of the normal time, and 52% 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.

Asian Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at South Dakota School of Mines and Technology is Male and Asian (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (73.2%).

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, 0.364% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
451 degrees awarded
Hispanic or Latino
19 degrees awarded
Two or More Races
15 degrees awarded

The most common race/ethnicity at South Dakota School of Mines and Technology is white (451 degrees awarded). There were 23.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (19 degrees).

0.183% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
332 degrees awarded
White Female
119 degrees awarded
Hispanic or Latino Male
14 degrees awarded

The most common race/ethnicity and sex grouping at South Dakota School of Mines and Technology is white male (332 degrees awarded). There were 2.79 times more white male recipients than the next closest race/ethnicity group, white female (119 degrees).

Operations

South Dakota School of Mines and Technology has an endowment valued at nearly $88.7M, as of the end of the 2022 fiscal year. The return on its endowment was of 87.7k (0.0989%) compared to the 0.21% average return (24.5k on 11.6M) across all Special Focus Institutions.

In 2022, South Dakota School of Mines and Technology had a total salary expenditure of 79.5M. South Dakota School of Mines and Technology employs 42 Assistant professors, 41 Associate professors and 35 Professors. Most academics at South Dakota School of Mines and Technology are Male Assistant professor (34), 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 63 employees, Computer, Engineering, and Science, with 47 employees, and Office and Administrative Support with 36 employees.

Endowment

$88.7M

2022 Endowment

4.27%

decline from 2021

South Dakota School of Mines and Technology has an endowment valued at about $88.7M, as of the end of the 2022 fiscal year. The endowment of South Dakota School of Mines and Technology declined 4.27% from the previous year. The value of their endowment was $77M 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

$36.5M

2022 Salaries

3.29%

growth from 2021

In 2022, South Dakota School of Mines and Technology paid a median of $36.5M in salaries, which represents 45.9% of their overall expenditure ($79.5M) and a 3.29% growth from the previous year. This is compared to a 2.45% growth between 2020 and 2021, and a 2.08% growth between 2019 and 2020.

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

Instructional Salaries

$14.7M

Instructional Salaries

153

Number of Employees

In 2022, South Dakota School of Mines and Technology paid a total of $14.7M to 153 employees working as instructors, which represents 40.3% of all salaries paid.

This is compared to a median of $975k (30.7%) for similar Special Focus Institutions.

Occupations by Share

Assistant professor

Most Common Instructor

42 Employees

Management

Most Common Non-Instructional Employee

63 Employees

In 2022, the most common positions for instructional staff at South Dakota School of Mines and Technology were Assistant professor with 42 employees, Associate professor with 41 employees, and Professor with 35 employees.

In 2022, the most common positions for non-instructional staff at South Dakota School of Mines and Technology were Management with 63 employees, Computer, Engineering, and Science with 47 employees, and Office and Administrative Support with 36 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Assistant professor
Male Professor
Male Associate professor

In 2022, the most common demographic for instructional staff at South Dakota School of Mines and Technology was Male Assistant professor with 34 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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