The University of South Dakota kept in-state tuition fees steady for the 2022-23 academic year, as revealed by recent disclosures, according to the latest disclosure from the National Center for Education Statistics.
South Dakota residents paid $9,432 to attend the public four-year university during both the 2021-22 and 2022-23 school years.
Non-resident students were charged 37.2% more than in-state students in 2022-23, amounting to $12,942, a rate unchanged from the previous academic year.
Approximately 54% of the undergraduate student body are South Dakota residents, while about 43% come from other states and 3% are international students.
Data indicates that 95% of full-time undergraduates who enrolled in 2022-23 received some form of financial aid. A total of 1,021 students were awarded grants or scholarships worth $5.7 million, and 801 students borrowed over $6 million in student loans.
Across all undergraduates, 3,665 students received grants or scholarships totaling $23.6 million. Additionally, 2,978 students obtained $18.5 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 355 | 28% | $2.1 million | $5,966 |
| State / local grant or scholarship | 200 | 16% | $288,736 | $1,444 |
| Institutional grants or scholarships | 887 | 70% | $3.3 million | $3,709 |
| Grant or scholarship aid total | 1,021 | 81% | $5.7 million | $5,580 |
| Federal student loans | 792 | 63% | $4.1 million | $5,144 |
| Other student loans | 182 | 14% | $2 million | $10,768 |
| Student loan aid | 801 | 63% | $6 million | $7,533 |
| Total student aid | 1,201 | 95% | $11.7 million | $9,767 |
