University of South Dakota - Net Price, Tuition, Cost to Attend, Financial Aid and Student Loans

How much does it cost to attend?

In State South Dakota Resident Sticker Price

$23,803

In State Costs for University of South Dakota
Fee	Cost
Tuition	$7,773
Other Fees	$1,659
Books and Supplies	$1,200
Room and Board	$8,224
Other Expenses Budget	$4,947

Out of State Resident Sticker Price

$27,313

Out of State Costs for University of South Dakota
Fee	Cost
Tuition	$11,283
Other Fees	$1,659
Books and Supplies	$1,200
Room and Board	$8,224
Other Expenses Budget	$4,947

In-State Tuition

In-state tuition at University of South Dakota for undergraduate students residing in South Dakota is $7,773. Room and board charges total $8,224 per year. Students will also need to budget for books and supplies, which typically amount to $1,200 annually. Other administrative or academic fees are $1,659 for the year. Additionally, students should plan an estimated $4,947 for other miscellaneous expenses throughout the year. In sum, residents attending University of South Dakota full time should expect a total annual cost of $23,803.

Out-of-State Tuition

Undergraduate tuition at University of South Dakota is $11,283 for out-of-state students. Additionally, out-of-state students are charged $8,224 for room and board, $1,200 for textbooks and educational resources, plus fees of $1,659. Students are advised to budget $4,947 for other expenses. When these costs are combined, annual out-of-state charges total $27,313. This figure is 14.7% higher than what South Dakota residents pay.

Housing Costs

On campus room and board is provided by the school at a cost of $8,224 per academic year. Students electing to live off campus elsewhere in Vermillion should budget at least this amount.

Books and Supplies

The estimated annual cost for books and educational supplies is $1,200.

Other Living Expenses

If living on-campus, students should budget for $4,947 in additional living expenses. Off-campus students should budget for $6,431 in other miscellaneous living expenses.

All price data is sourced from the 2022/2023 U.S. Department of Education National Center for Education Statistics survey.

Net Price

The average reported annual net price for University of South Dakota for students receiving grants or scholarship aid was $18,378* in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses.

Average Net Price 2019/2020

$18,378

Below is the average net price by student family income.

Net Price by Income University of South Dakota
Family Income	Net Price Paid
$0 to $30,000	$15,653
$30,001 to $48,000	$16,813
$48,001 to $75,000	$18,725
$75,001 to $110,000	$21,006
$110,000+	$21,482

The net price provides a more realistic estimate of the true cost of attending University of South Dakota, once common grants and scholarships have been taken into account. It's important to note that your net price will fluctuate based on factors such as family income, assets and individual financial need. Net price is the out-of-pocket total cost that students end up paying or financing though student loans.

*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2019/2020 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Financial Aid

79% of full-time undergrad University of South Dakota received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $6,308 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back.

Pell Grants

24 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2019/2020 was $4,642. To apply for a Pell Grant to attend University of South Dakota, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Student Loans

59% of students received Federal Student Loans averaging $5,217 and 12% of undergrads took out private student loans averaging $10,612.

Finanical Aid University of South Dakota
Type	Avg./Student	Students Receiving
Total Grant and Scholarship Aid	$6,308	79%
Institutional Grants and Scholarships	$3,694	67%
Pell Grants	$4,642	24%
Other Federal Grants	$3,296	37%
State and Local Grants	$1,298	17%
Federal Student Loans	$5,217	59%
Other Student Loans	$10,612	12%

Financial Aid Mix - $23,803 In-State Total Cost

CollegeSimply has modeled example payment coverage for the annual in-state tuition and living expenses of $23,803. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.

33%

28%

39%

Grants and Scholarships

33% - $6,308

Money granted to you by the U.S. Department of Education, University of South Dakota or other organizations. These are not loans and do not need to be repaid.

Federal Student Loans

28% - $5,217

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket Cost

39% - $7,331

Covered by family savings, work or private student loans which you will have to repay.

Student Loans

To gauge a more realistic picture of what it really could cost you out of pocket to go to University of South Dakota, we've modeled a ten year student loan with an original principal value of $73,512. The loan balance of $73,512 is a four year multiple of the $18,378 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $836 could be required to pay off your student loan. The total of all payments including interest would sum $100,300.37.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 6.53%.


Example Loan	$73,512
Stafford Loan Interest Rate	6.53%
Time to Pay Off Student Loan	10 years
Example Monthly Payment	$835.84
Total Interest Paid	$26,788.37
Sum of All Loan Payments	$100,300.37

Student Loan Affordability

In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending University of South Dakota, should consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $100,300.37 would be needed to afford a $835.84 monthly payment in the example $73,512.00 loan modeled above. This assumes a repayment over 10 years. You can change the terms of this example loan using the student loan calculator below. View statistics about University of South Dakota student loan debt and graduate salaries under student outcomes.

Projected 4 Year Degree Price

4 Year Sticker Price

$95,212

Year	South Dakota Residents	Non Residents
1	$23,803	$27,313
2	$24,188	$27,755
3	$24,580	$28,204
4	$24,978	$28,661

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at University of South Dakota to be $95,212 - assuming graduation in normal time. The estimation assumes a 1.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at University of South Dakota
	Price Per Credit	3 Credit Class	4 Credit Class
South Dakota Residents	$340	$1,020	$1,360
Out of State Residents	$654	$1,962	$2,616

Estimated cost for a class at University of South Dakota based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at University of South Dakota versus other colleges.

Tuition Payment Plans Available

University of South Dakota Payment Plans
Tuition Payment Plan	Yes
Prepaid Tuition Plan	No
Alternative Tuition Plan	Yes
Guaranteed Tuition Plan	No

Tuition History

Historical in-state and out-of-state tuition and price increases for University of South Dakota.

Year	In-State	Out-of-state	Annual Increase
2021	$7,773	$11,283	1%
2020	$7,697	$11,172	0%
2019	$7,697	$11,172	3.3%
2018	$7,451	$10,815	3.6%
2017	$7,191	$10,438	0.5%
2016	$7,155	$10,386	64.8%
2015	$4,341	$6,512	4.3%
2014	$4,164	$6,246	0%
2013	$4,164	$6,246

Is it Worth the Cost?

To make a comparative assessment if USD is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 50.0/100 for University of South Dakota. Considering an average net price paid of $18,378, this leads to an overall value ranking of 48/100. This places the school 570th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.