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Southeast South Dakota News

Wednesday, December 4, 2024

Cost of college went up for all students at Mount Marty College

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Tuition and fees rose 3.7 percent for 2018-19 at Mount Marty College, according to recent data from the U.S. Department of Education.

South Dakota students paid $27,276 to attend the four-year private not-for-profit institution this year – $966 more than the $26,310 charged for 2017-18.

Data shows 100 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 108 students received grants or scholarships totaling $2.1 million and 87 students took out student loans totaling more than $593,186.

Including all undergraduates (1,044), 448 students used grants or scholarships totaling $7.3 million, and 386 students took out $2.9 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~459$24,406$25,380$26,310$27,27611.8%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Mount Marty College in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants4440%$226,850$5,156
State / local grant or scholarship1615%$20,500$1,281
Institutional grants or scholarships10495%$1,840,279$17,695
Grant or scholarship aid total10899%$2,087,629$19,330
Federal student loans8780%$514,675$5,916
Other student loans98%$78,511$8,723
Student loan aid8780%$593,186$6,818
Total student aid109100%--

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