by our College Data Analytics TeamMany students attending Dakota State University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Interested in understanding the financial aid resources available at Dakota State and your eligibility? Find the answers you seek below.
$4,424.00 is the typical Dakota State University’s first year financial aid package. Financial aid is provided to about 94% of first-year students, with the bulk of support coming in the form of loans.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Dakota State University you could end up dealing with.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers below apply to scholarships and grants primarily provided by Dakota State University.
69% of new students (280 total) were offered scholarships at Dakota State University, averaging $2,949.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 56% of freshmen (227 total) obtained a federal grant, for about $3,073.00 a piece.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.17% | $7,036.00 |
| Income 30k-48k | 5.71% | $5,645.00 |
| Income 48k-75k | 7.69% | $3,936.00 |
| Income 75k-110k | 7.94% | $1,625.00 |
| Income 110k + | 9.43% | $2,179.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
94% of the 403 undergraduates at Dakota State University receive some sort of grant aid. This is a total of about 353 students getting an average of $4,424.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.