South Dakota School of Mines and Technology

https://www.sdsmt.edu

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    2024 Undergraduate Tuition
    $7,800
    2024 Average Net Price
    $20,267
    After Financial Aid
    2024 Acceptance Rate
    79.9%
    1,565 Applicants
    2024 Enrolled Students
    2,576
    78.4% Full-Time
    2024 Graduation Rate
    51.6%
    236 Graduates

    About

    South Dakota School of Mines and Technology is a higher education institution located in Pennington County, SD. In 2024, the most popular Bachelors Degree concentrations at South Dakota School of Mines and Technology were Mechanical Engineering (84 degrees awarded), General Computer & Information Sciences (35 degrees), and General Civil Engineering (32 degrees).

    In 2024, 502 degrees were awarded across all undergraduate and graduate programs at South Dakota School of Mines and Technology. 26.1% of these degrees were awarded to women, and 73.9% awarded men. The most common race/ethnicity group of degree recipients was white (399 degrees), 13.8 times more than then the next closest race/ethnicity group, hispanic or latino (29 degrees).

    The median undergraduate tuition at South Dakota School of Mines and Technology is $7,800, which is $−16,200 less than the national average for Masters Colleges and Universities ($24,000).

    Masters Colleges & Universities: Medium ProgramsMasters Colleges and Universities

    Costs

    In 2024, the median undergraduate tuition at South Dakota School of Mines and Technology is $7,800, which is $16,200 less than the national average for Masters Colleges and Universities ($24,000).

    After taking grants and loans into account, the average net price for students is $20,267.

    In 2024, 65% of undergraduate students attending South Dakota School of Mines and Technology received financial aid through grants. Comparatively, 40% of undergraduate students received financial aid through loans.

    Tuition Costs

    $7,800
    2024 Undergraduate Tuition

    In 2024, 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 $−16,200 less than than the overall (public and private) national average for Masters Colleges and Universities ($24,000).

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

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    Average Net Price

    $20,267
    2024 Value
    0.119%
    1 Year Growth

    In 2024 South Dakota School of Mines and Technology had an average net price — the price paid after factoring in grants and loans — of $20,267. Between 2023 and 2024, the average net price of South Dakota School of Mines and Technology grew by 0.119%.

    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.

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    Other Student Expenses

    $10,250
    Room and Board
    $1,900
    Books and Supplies

    The average yearly cost of room and board at South Dakota School of Mines and Technology was of $10,250 in 2024. The cost of room and board increased by 9.63% between 2023 and 2024.

    During the same period, the average yearly cost of books and supplies was $1,900. The cost of books and supplies decreased by 7.77% 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.

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    Financial Aid by Income Level

    65%
    Undergraduates Receiving Financial Aid through Grants
    40%
    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 2024. This represents a growth of 0% with respect to 2023, when 65% 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.

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    Admissions

    South Dakota School of Mines and Technology received 1,565 undergraduate applications in 2024, which represents a 1.69% annual growth. Out of those 1,565 applicants, 1,250 students were accepted for enrollment, representing a 79.9% acceptance rate.

    There were 2,576 students enrolled at South Dakota School of Mines and Technology in 2024. 25% of first-time enrollees submitted SAT scores with their applications.

    South Dakota School of Mines and Technology has an overall enrollment yield of 38.1%, which represents the number of admitted students who ended up enrolling.

    Acceptance Rate

    79.9%
    Acceptance Rate in 2024
    1,250
    Accepted Out of 1,565

    In 2024, the undergraduate acceptance rate of South Dakota School of Mines and Technology was 79.9% (1,250 admissions from 1,565 applications). This is lower than the acceptance rate of 2023, which was 85.3%. Between 2023 and 2024, the number of applicants grew by 1.69%, while admissions declined by 4.73%.

    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.

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    SAT Scores

    25%
    Submission Percentage (2024)
    116
    Scores Submitted (2024)

    25% of enrolled first-time students at South Dakota School of Mines and Technology in 2024 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.

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    Enrollment

    South Dakota School of Mines and Technology had a total enrollment of 2,576 students in 2024. The full-time enrollment at South Dakota School of Mines and Technology is 2,020 students and the part-time enrollment is 556. This means that 78.4% 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 77.1% White, 5.2% Hispanic or Latino, 2.45% Two or More Races, 1.98% Asian, 1.4% Black or African American, 1.05% American Indian or Alaska Native, and 0.116% 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 (64.8%), followed by White Female (17.5%) and Hispanic or Latino Male (4.36%). Students enrolled in full-time Graduate programs are most commonly White Male (36.6%), followed by White Female (17.8%) and Hispanic or Latino Female (1.88%).

    Full-Time vs Part-Time Enrollment

    78.4%
    Full-Time Enrollment

    The total enrollment at South Dakota School of Mines and Technology in 2024, both undergraduate and graduate, is 2,576 students. The full-time enrollment at South Dakota School of Mines and Technology is 2,020 and the part-time enrollment is 556. This means that 78.4% of students enrolled at South Dakota School of Mines and Technology are enrolled full-time compared with 67.1% at similar Masters Colleges and Universities.

    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.

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    Retention Rate over Time

    84%
    2024 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 Masters Colleges and Universities (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.

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    Enrollment by Race & Ethnicity

    Most Common Race or Ethnicity (2024)
    1. White
      1,986 enrolled students
    2. Hispanic or Latino
      134 enrolled students
    3. Two or More Races
      63 enrolled students

    The enrolled student population at South Dakota School of Mines and Technology is 77.1% White, 5.2% Hispanic or Latino, 2.45% Two or More Races, 1.98% Asian, 1.4% Black or African American, 1.05% American Indian or Alaska Native, and 0.116% 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 Masters Colleges and Universities is 47.4% White, 18.8% Hispanic or Latino, and 13.6% 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, 127 students (4.93%) did not report their race.

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    Graduates

    In 2024, 240 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 (399 degrees awarded). There were 13.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (29 degrees).

    The most common Bachelor's Degree concentration at South Dakota School of Mines and Technology is Mechanical Engineering (84 degrees awarded), followed by General Computer & Information Sciences (35 degrees) and General Civil Engineering (32 degrees).

    In 2024,  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 (365 degrees awarded), Physical Sciences (33 degrees), and Engineering Technologies (21 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 (1,219,650 people), Other managers (513,438 people), Miscellaneous engineers, including nuclear engineers (444,003 people), Civil engineers (329,687 people), and Mechanical engineers (241,567 people).

    The most specialized majors at South Dakota School of Mines and Technology in 2024 are Engineering (365 degrees awarded), Physical Sciences (33 degrees), Engineering Technologies (21 degrees), Math & Statistics (6 degrees), and Computer and Information Sciences and Support Services (42 degrees) (as of 2024).

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    Highest Paying Jobs by Major

    Surgeons
    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 Surgeons, Cardiovascular technologists and technicians, Podiatrists, Magnetic resonance imaging technologists, and Physicians

    The most specialized majors at South Dakota School of Mines and Technology are Engineering (365 degrees awarded), Physical Sciences (33 degrees), Engineering Technologies (21 degrees), Math & Statistics (6 degrees), and Computer and Information Sciences and Support Services (42 degrees) (as of 2024).

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    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 (1,226,765 people), Architectural, engineering & related services (551,668 people), Colleges, universities & professional schools, including junior colleges (461,788 people), Construction (396,328 people), and Elementary & secondary schools (306,554 people).

    The most specialized majors at South Dakota School of Mines and Technology are Engineering (365 degrees awarded), Physical Sciences (33 degrees), Engineering Technologies (21 degrees), Math & Statistics (6 degrees), and Computer and Information Sciences and Support Services (42 degrees) (as of 2024).

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    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.
    General Studies
    Most Common (2024)
    3 degrees awarded

    In 2024, the most common associates degree concentration at South Dakota School of Mines and Technology was General Studies with 3 degrees awarded.

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

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    Sex Breakdown for Common Majors

    371
    Degrees Awarded to Men
    in 2024
    131
    Degrees Awarded to Women
    in 2024

    In 2024, 371 degrees were awarded to men at South Dakota School of Mines and Technology, which is 2.83 times more than the number of degrees awarded to females (131).

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

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    Most Common Male Majors

    In 2024, 86 degrees were awarded to men at South Dakota School of Mines and Technology in Mechanical Engineering, which is 12.3 times more than the 7 female recipients with that same degree.

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    Most Common Female Majors

    In 2024, 17 degrees were awarded to men at South Dakota School of Mines and Technology in General Civil Engineering, which is 0.548 times less than the 31 male recipients with that same degree.

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    Time to Complete

    28%
    100% Completion Time
    56%
    150% Completion Time

    In 2024, 28% 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, 56% completed their degrees within 150% of the normal time, and 58% within 200%.

    The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities 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.

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    Race & Ethnicity by Share

    Most Common Student Race or Ethnicity (2024)
    1. White
      399 degrees awarded
    2. Hispanic or Latino
      29 degrees awarded
    3. Asian
      10 degrees awarded

    The most common race/ethnicity at South Dakota School of Mines and Technology is white (399 degrees awarded). There were 13.8 times more white recipients than the next closest race/ethnicity group, hispanic or latino (29 degrees).

    1.2% of degree recipients (6 students) did not report their race.

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    Race & Ethnicity by Sex

    Most Common Sex Demographic (2024)
    1. White Male
      372 degrees awarded
    2. White Male
      337 degrees awarded
    3. White Male
      332 degrees awarded

    The most common race/ethnicity and sex grouping at South Dakota School of Mines and Technology is white male (372 degrees awarded). There were 1.1 times more white male recipients than the next closest race/ethnicity group, white male (337 degrees).

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    Operations

    South Dakota School of Mines and Technology has an endowment valued at nearly $111M, as of the end of the 2024 fiscal year. The return on its endowment was of 389k (0.35%) compared to the 9.2% average return (4.22M on 45.9M) across all Masters Colleges and Universities.

    In 2024, South Dakota School of Mines and Technology had a total salary expenditure of 88.4M. South Dakota School of Mines and Technology employs 50 Assistant professors, 40 Professors and 33 Associate professors. Most academics at South Dakota School of Mines and Technology are Male Assistant professor (40), Male Professor (33), and Male Associate professor (26).

    The most common positions for non-instructional staff at South Dakota School of Mines and Technology are: Management, with 54 employees, Computer, Engineering, and Science, with 45 employees, and Office and Administrative Support with 35 employees.

    Endowment

    $111M
    2024 Endowment
    11.2%
    growth from 2023

    South Dakota School of Mines and Technology has an endowment valued at about $111M, as of the end of the 2024 fiscal year. The endowment of South Dakota School of Mines and Technology grew 11.2% from the previous year. The value of their endowment was $65.5M higher than than the median endowment of Masters Colleges and Universities 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 Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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    Salary Expenditure

    $49.9M
    2024 Salaries
    5.76%
    growth from 2023

    In 2024, South Dakota School of Mines and Technology paid a median of $49.9M in salaries, which represents 56.4% of their overall expenditure ($88.4M) and a 5.76% growth from the previous year. This is compared to a 29.2% growth between 2022 and 2023, and a 3.29% growth between 2021 and 2022.

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    Instructional Salaries

    $16.5M
    Instructional Salaries
    158
    Number of Employees

    In 2024, South Dakota School of Mines and Technology paid a total of $16.5M to 158 employees working as instructors, which represents 33.1% of all salaries paid.

    This is compared to a median of $965k (3.13%) for similar Masters Colleges and Universities.

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    Occupations by Share

    In 2024, the most common positions for non-instructional staff at South Dakota School of Mines and Technology were Management with 54 employees, Computer, Engineering, and Science with 45 employees, and Office and Administrative Support with 35 employees.

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