You might be able to make an affordable School of Mines education even more so -- we administer more than $13 million in scholarships, need and non-need based aid annually. More than 80 percent of our students receive some type of aid with an average award of $9,200.
And loan debt of School of Mines graduates in 2008-9 was significantly lower than the national average at approximately $14,854.
Your first step is probably to apply for Federal Financial aid by completing the Free Application for Federal Students Aid (FAFSA). For the best results we encourage you to fill out the FAFSA as soon as possible after completing your Federal Tax Return, but no sooner than January 1. Applications that have been received by the Federal Processor by March 15 are considered to have met our initial awarding priority date. Our school code for the FAFSA is 003470.
The tentative date for informing incoming freshman of their Federal Student Aid award is mid-April (all other students are awarding following the spring semester) and on a rolling basis thereafter. The start date for awarding may be earlier or later depending on when the South Dakota Board of Regents are able to meet following the state legislative session in order to set Tuition, Fee, Room and Board rates for the coming year. The Financial Aid Office has no control over variations in our awarding start date for the new academic year. Awards will be processed when your financial aid file is considered complete and ready for aid packaging.
International students should contact their department at the School of Mines from which they will be receiving their degree.
More information on financial aid is available on the Financial Aid website.
If at any time you have questions about this process, feel free to contact the Financial Aid Office at financialaid@sdsmt.edu or call toll free (877) 877-6044. We are here to serve you and help make your educational experience at the School of Mines as rewarding as possible.
Due to actions by the U.S. Department of Education or Congress, information in this site relative to the Federal Student Aid Programs is subject to change without prior notice.
