South Dakota School of Mines and Technology

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2020 Undergraduate Tuition
$7,740
1.71% growth from 2019
2020 Average Net Price
$19,799
After Financial Aid
2018 Student Loan
3.77%
Default Rate
2020 Acceptance Rate
85.6%
1,329 Applicants
2020 Enrolled Students
2,475
75.7% Full-Time
2020 Graduation Rate
49.7%
294 Graduates

About

South Dakota School of Mines and Technology is a higher education institution located in Pennington County, SD. In 2016, the most popular Bachelor's Degree concentrations at South Dakota School of Mines and Technology were Mechanical Engineering (99 degrees awarded), General Civil Engineering (49 degrees), and Chemical Engineering (43 degrees).

In 2020, 545 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 (433 degrees), 15.5 times more than then the next closest race/ethnicity group, hispanic or latino (28 degrees).

The median undergraduate tuition at South Dakota School of Mines and Technology is $7,740, which is $−6,660 less than the national average for Special Focus Institutions ($14,400).

Costs

The median undergraduate tuition at South Dakota School of Mines and Technology is $7,740, which is $−6,660 less than the national average for Special Focus Institutions ($14,400).

After taking grants and loans into account, the average net price for students is $19,799.

In 2020, 71% of undergraduate students attending South Dakota School of Mines and Technology received financial aid through grants. Comparatively, 49% of undergraduate students received financial aid through loans.

Student Expenses

Tuition Costs

$7,740
2020 Undergraduate Tuition

In 2020, the cost of tuition at South Dakota School of Mines and Technology was $7,740. The cost of tuition at South Dakota School of Mines and Technology is $−6,660 less than than the overall (public and private) national average for Special Focus Institutions ($14,400).

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Average Net Price

$19,799
2020 Value
1.83%
1 Year Growth

In 2020 South Dakota School of Mines and Technology had an average net price — the price paid after factoring in grants and loans — of $19,799. Between 2019 and 2020, the average net price of South Dakota School of Mines and Technology grew by 1.83%.

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

$8,770
Room and Board
$2,040
Books and Supplies

The average yearly cost of room and board at South Dakota School of Mines and Technology was of $8,770 in 2020. During the same period, the average yearly cost of books and supplies was $2,040. The cost of room and board decreased by 1.46% between 2019 and 2020. The cost of books and supplies increased by 0.99% during the same period.

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Financial Aid

Financial Aid by Income Level

71%
Undergraduates Receiving Financial Aid through Grants
49%
Undergraduates Receiving Financial Aid through Loans

71% of undergraduate students at South Dakota School of Mines and Technology received financial aid through grants or loans in 2020. This represents a growth of 16.4% with respect to 2019, when 61% 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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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.
3.77%
2018 Default Rate
21
Number of Defaults

In 2018 the default rate for borrower's at South Dakota School of Mines and Technology was 3.77%, which represents 21 out of the 557 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.

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Admissions

South Dakota School of Mines and Technology received 1,329 undergraduate applications in 2020, which represents a 11.6% annual decline. Out of those 1,329 applicants, 1,137 students were accepted for enrollment, representing a 85.6% acceptance rate.

There were 2,475 students enrolled at South Dakota School of Mines and Technology in 2020, and 27% of first-time enrollees submitted SAT scores with their applications.

South Dakota School of Mines and Technology has an overall enrollment yield of 39.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

85.6%
Acceptance Rate in 2020
1,137
Accepted Out of 1,329

In 2020, the undergraduate acceptance rate of South Dakota School of Mines and Technology was 85.6% (1,137 admissions from 1,329 applications). This is higher than the acceptance rate of 2019, which was 76.6%. Between 2019 and 2020, the number of applicants declined by −11.6%, while admissions declined by −1.3%.

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

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SAT Scores

27%
Submission Percentage
123
Scores Submitted

27% of enrolled first-time students at South Dakota School of Mines and Technology in 2020 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

South Dakota School of Mines and Technology has a total enrollment of 2,475 students. The full-time enrollment at South Dakota School of Mines and Technology is 1,873 students and the part-time enrollment is 602. This means that 75.7% 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 80.6% White, 4.73% Hispanic or Latino, 3.68% Two or More Races, 1.74% Asian, 1.37% Black or African American, 0.727% American Indian or Alaska Native, and 0.0404% 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 (65.2%), followed by White Female (19.9%) and Hispanic or Latino Male (3.59%). Students enrolled in full-time Graduate programs are most commonly White Male (43.6%), followed by White Female (14%) and Two or More Races Male (3.49%).

Full-Time vs Part-Time Enrollment

75.7%
Full-Time Enrollment

The total enrollment at South Dakota School of Mines and Technology, both undergraduate and graduate, is 2,475 students. The full-time enrollment at South Dakota School of Mines and Technology is 1,873 and the part-time enrollment is 602. This means that 75.7% of students enrolled at South Dakota School of Mines and Technology are enrolled full-time compared with 68.5% 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.

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Retention Rate over Time

78%
2020 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 78%. Compared with the full-time retention rate at similar Special Focus Institutions (71.5%), 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
  1. White
    1,994
  2. Hispanic or Latino
    117
  3. Two or More Races
    91

The enrolled student population at South Dakota School of Mines and Technology is 80.6% White, 4.73% Hispanic or Latino, 3.68% Two or More Races, 1.74% Asian, 1.37% Black or African American, 0.727% American Indian or Alaska Native, and 0.0404% 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 44% White, 17.3% Hispanic or Latino, and 14.4% 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, 34 students (1.37%) did not report their race.

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Graduates

In 2020, 273 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 (433 degrees awarded). There were 15.5 times more white graduates than the next closest race/ethnicity group, hispanic or latino (28 degrees).

The most common Bachelor's Degree concentration at South Dakota School of Mines and Technology is Mechanical Engineering (99 degrees awarded), followed by General Civil Engineering (49 degrees) and Chemical Engineering (43 degrees).

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 (413 degrees awarded), Physical Sciences (39 degrees), and Engineering Technologies (15 degrees).

Workforce

Common Jobs by Major

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 (847,466 people), Other managers (475,686 people), Miscellaneous engineers, including nuclear engineers (374,082 people), Civil engineers (262,997 people), and Mechanical engineers (199,798 people).

The most specialized majors at South Dakota School of Mines and Technology are Engineering (413 degrees awarded), Physical Sciences (39 degrees), Engineering Technologies (15 degrees), Computer and Information Sciences and Support Services (35 degrees), and Interdisciplinary Studies (15 degrees).

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Highest Paying Jobs by Major

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, Physicians, Magnetic resonance imaging technologists, and Derrick, rotary drill, & service unit operators, & roustabouts, oil, gas, & mining

The most specialized majors at South Dakota School of Mines and Technology are Engineering (413 degrees awarded), Physical Sciences (39 degrees), Engineering Technologies (15 degrees), Computer and Information Sciences and Support Services (35 degrees), and Interdisciplinary Studies (15 degrees).

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Common Industries by Major

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 (963,436 people), Architectural, engineering & related services (483,523 people), Colleges, universities & professional schools, including junior colleges (389,464 people), Construction (324,788 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (262,091 people).

The most specialized majors at South Dakota School of Mines and Technology are Engineering (413 degrees awarded), Physical Sciences (39 degrees), Engineering Technologies (15 degrees), Computer and Information Sciences and Support Services (35 degrees), and Interdisciplinary Studies (15 degrees).

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Degrees

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
  1. 99 degree-majorss awarded
  2. 49 degree-majorss awarded
  3. 43 degree-majorss awarded

In 2020, the most common bachelors degree concentration at South Dakota School of Mines and Technology was Mechanical Engineering with 99 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.

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Sex Breakdown for Common Majors

409
Degrees Awarded to Men
in 2020
136
Degrees Awarded to Women
in 2020

In 2020, 409 degrees were awarded to men at South Dakota School of Mines and Technology, which is 3.01 times more than the number of degrees awarded to females (136).

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 2020, 95 degrees were awarded to men at South Dakota School of Mines and Technology in Mechanical Engineering, which is 13.6 times more than the 7 female recipients with that same degree.

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Most Common Female Majors

In 2020, 22 degrees were awarded to women at South Dakota School of Mines and Technology in Chemical Engineering, which is 0.759 times less than the 29 male recipients with that same degree.

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Time to Complete

16%
100% Completion Time
50%
150% Completion Time

In 2020, 16% 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 53% 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.

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Diversity

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 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 (72.4%).

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, 0.68% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    433 degrees awarded
  2. Hispanic or Latino
    28 degrees awarded
  3. Asian
    17 degrees awarded

The most common race/ethnicity at South Dakota School of Mines and Technology is white (433 degrees awarded). There were 15.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (28 degrees).

0.367% of degree recipients (2 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic
  1. White Male
    325 degrees awarded
  2. White Female
    108 degrees awarded
  3. 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 (325 degrees awarded). There were 3.01 times more white male recipients than the next closest race/ethnicity group, white female (108 degrees).

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Operations

South Dakota School of Mines and Technology has an endowment valued at nearly $77.2M, as of the end of the 2020 fiscal year. The return on its endowment was of $236k (0.306%), compared to the 1.87% average return ($195k on $10.4M) across all Special Focus Institutions.

In 2020, South Dakota School of Mines and Technology had a total salary expenditure of $72.8M. South Dakota School of Mines and Technology employs 49 Assistant professors, 44 Associate professors, and 35 Professors. Most academics at South Dakota School of Mines and Technology are Male Associate professors (35), Male Assistant professors(33), and Male Professors (32).

The most common positions for non-instructional staff at South Dakota School of Mines and Technology are: Management, with 61 employees, Computer, Engineering, and Science, with 44 employees, and Office and Administrative Support with 33 employees.

Finances

Endowment

$77.2M
2020 Endowment
10.3%
growth from 2019

South Dakota School of Mines and Technology has an endowment valued at about $77.2M, as of the end of the 2020 fiscal year. The endowment of South Dakota School of Mines and Technology grew 10.3% from the previous year. The value of their endowment was $66.8M 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.

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Government Grants and Contracts

Grants & Contracts
  1. $11.8M - Federal
  2. $1.95M - State
  3. $0 - Local

As of 2020, South Dakota School of Mines and Technology received $11.8M in grants and contracts from the federal government, $1.95M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$34.5M
2020 Salaries
2.08%
growth from 2019

In 2020, South Dakota School of Mines and Technology paid a median of $34.5M in salaries, which represents 47.4% of their overall expenditure ($72.8M) and a 2.08% growth from the previous year. This is compared to a 1.61% growth from 2018 and a 2.66% decline from 2017.

The median for similar Special Focus Institutions is 2.95M (42.1% of overall expenditures).

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Instructional Salaries

$14.1M
Instructional Salaries
157
Number of Employees

In 2020, South Dakota School of Mines and Technology paid a total of $14.1M to 157 employees working as instructors, which represents 40.8% of all salaries paid.

This is compared to a median of $855k (29%) for similar Special Focus Institutions.

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Faculty and Staff

Occupations by Share

Assistant professor
Most Common Instructor
49 Employees
Management
Most Common Non-Instructional Employee
61 Employees

In 2020, the most common positions for instructional staff at South Dakota School of Mines and Technology were Assistant professor with 49 employees; Associate professor with 44 employees; and Associate professor with 35 employees.

In 2020, the most common positions for non-instructional staff at South Dakota School of Mines and Technology were Management with 61 employees; Computer, Engineering, and Science with 44 employees; and Office and Administrative Support with 33 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic
  1. Male Associate professor
  2. Male Assistant professor
  3. Male Professor

In 2020, the most common demographic for instructional staff at South Dakota School of Mines and Technology was Male Associate professor with 35 employees, Male Assistant professor with 33 employees, and Male Professor with 32 employees.

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

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