Financial Aid and Scholarships
Many college students find it necessary to supplement their personal and family financial resources in order to attend college. The Financial Aid Office will make every effort to develop a financial aid package (some combination of loan, work, grant and scholarship) to help capable, qualified, and needy students.
However, the student should still be prepared to pay for a portion of his or her college costs; and parents of dependent students are expected to assist with the student's cost of education to the extent to which they are able.
Much of the information you'll need to know about financial aid is available here on the website, but feel free to contact the Financial Aid Office if you have questions. We are here to help you through the process.
Not sure how a grant is different from a scholarship, or what work-study might involve? A brief, user-friendly explanation of some of the basic "financial aid vocabulary" is available at The Princeton Review.
Financial Aid Programs at the South Dakota School of Mines
Financial aid programs at the School of Mines include:
Students with Special Circumstances
- The results of the Free Application for Federal Student Aid (FAFSA) is always used as the initial determination of a student's eligibility for Federal Student Aid (grants, loans, work-study).
- However, it is recognized that students and/or their parents may experience catastrophic circumstances that not only affect their ability to help fund a college education, meeting basic living needs may also be compromised.
- Situations that may warrant a Special Circumstance review are (1) unusual (uncommon or rare); and (2) outside the control of the student and/or family; and (3) something that does not occur from year-to-year.
- Such circumstances may include, but are not necessarily limited to, poor economic conditions that resulted in business closures, sell off of farm/ranch assets and/or livestock due to extended drought conditions, layoffs and catastrophic medical expenses.
- Students are advised to contact the Financial Aid Office to discuss their situation to determine if further information is required and if a more thorough review of their situation is warranted.
Our Code of Ethics
The Financial Aid Office at the School of Mines strives to adhere to the highest levels of integrity in the administration of the various financial aid programs available to our students. We subscribe to the principles set forth in the National Association
of Student Financial Aid Administrators (NASFAA) Statement of Ethical Principles and Code of Conduct for Institutional Financial Aid Professionals. You can also view the SDSM&T Financial Aid Office Code of Conduct and Conflict of Interest statement. We
invite to contact our office if you have any questions.
Due to actions by Congress, information in this site relative to the Federal Student Aid Programs is subject to change without prior notice.