Cost Details
- In-State Tuition
- $10,400
- Out-of-State Tuition
- $14,800
- Average Net Price
- $20,380
- Students Receiving Financial Aid
- 16.0%
- Room & Board (On Campus)
- $8,800
- Room & Board (Off Campus)
- $11,700
- Books & Supplies
- $1,900
- Total Cost of Attendance
- $21,100
- Median Debt at Graduation
- $27,000
- Estimated Monthly Loan Payment
- $286/mo
- Loan Repayment Rate
- 78.9%
- Students Taking Federal Loans
- 43.3%
- Pell Grant Recipients
- 16.0%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $15,481 |
| $30,001 – $48,000 | $17,330 |
| $48,001 – $75,000 | $20,041 |
| $75,001 – $110,000 | $21,496 |
| $110,001+ | $22,179 |
Cost Estimator
Cost Overview
Most families pay far less than the $14,800 out-of-state sticker price at South Dakota Mines. The average net price is $20,380, but this varies dramatically by income. Families earning under $30,000 pay just $15,481 per year, while those making over $110,000 pay $22,179. Over four years, you're looking at $62,000 to $89,000 total. The school keeps costs reasonable because it focuses on practical engineering education rather than flashy amenities.
Graduates leave with $27,000 in median debt, which translates to $286 monthly payments. That's manageable when you consider the median starting salary hits $71,587. Within five years, graduates earn $86,809, making the debt-to-income ratio quite favorable for an engineering degree. In-state students get the best deal here, paying only $10,400 in tuition while accessing the same high-paying career pipeline that attracts students from across the country.
Graduates leave with $27,000 in median debt, which translates to $286 monthly payments. That's manageable when you consider the median starting salary hits $71,587. Within five years, graduates earn $86,809, making the debt-to-income ratio quite favorable for an engineering degree. In-state students get the best deal here, paying only $10,400 in tuition while accessing the same high-paying career pipeline that attracts students from across the country.
Official Net Price Calculator
Get a personalized cost estimate from South Dakota School of Mines and Technology:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.