Applying for Financial Aid

Federal Student Aid and the FAFSA

Many students will need to apply for Federal Student Aid to assist in financing their South Dakota Mines education. The first step in applying for federal financial aid is to complete the Free Application for Federal Student Aid (FAFSA). South Dakota Mines does not use a priority awarding date for filing the FAFSA, but students and parents are encouraged to complete the FAFSA as soon as possible prior to the academic year that attendance at South Dakota Mines will begin. Early submission of your FAFSA may improve your opportunity to be offered Federal Supplemental Educational Opportunity Grant (FSEOG) and/or Federal Work-Study. All other Federal Student Aid Programs at South Dakota Mines (Pell Grant and Direct Loans) are awarded without consideration of when a student files their FAFSA.   

  1. Obtain a Federal Student Aid FSA ID at https://studentaid.gov/fsa-id/create-account/launch. All students who do not already have a FSA ID, as well as parents for dependent students, are required to have their own FSA ID. This will be used as an electronic signature on the online FAFSA.
  2. Go to https://studentaid.gov/h/apply-for-aid/fafsa to complete your FAFSA online. Our school code for the FAFSA is 003470.

Aid Offer Start Dates

In order to be offered federal aid of any kind, students must have been fully accepted for admission to South Dakota Mines.

The tentative date for informing incoming freshman of their Federal Student Aid offer is in March (all other students are awarded following the spring semester) and on a rolling basis thereafter.  Processing of aid offers for continuing and transfer students begins after spring grades have been finalized and Federal Student Aid Satisfactory Academic Progress is evaluated. Aid offers will be processed when your financial aid file is considered complete and ready for aid packaging.

Verification

Your application for Federal Student Aid may be selected by the U.S. Department of Education or South Dakota Mines for review in a process called verification. Verification is a systematic means of comparing various financial and informational documents with the FAFSA information you provided. You will be provided instructions if your FAFSA is selected for verification.

Finalizing Your Financial Aid Offer

After you have completed the financial aid accept award offer process in Financial Aid Self-Service, please see the instructions below for specific steps that must be completed for each financial aid program.

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Federal Subsidized and/or Unsubsidized Student Loan

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Federal Work-Study (FWS)

  • Federal Work-Study is money that can be earned throughout the academic year; it is not available to pay your bill. Work-study earnings are paid directly to the student monthly based on hours worked.
  • You must be awarded FWS by the Financial Aid Office in order to participate in this program.
  • If you were awarded FWS, the award will show up in your Banner Student Portal. If you were not awarded FWS, please contact the Financial Aid Office to request to be placed on the FWS wait list, if eligible.
  • If awarded either initially or off the wait list, you will receive an email notification from the Financial Aid Office. 
  • The email notification will include detailed information on your FWS responsibilities and available on and off-campus positions. These details will also be available on the Work-Study/Employment page. 
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Financial Aid Disbursement

Financial aid will be disbursed approximately 10 days prior to the start of each term. You may contact the Financial Aid Office to request a deferment if your financial aid will be delayed. For more information regarding payment and billing deadlines, please view the Student Accounts page.

Satisfactory Academic Progress and Federal Student Aid

In order to receive Federal Student Aid, students must maintain Satisfactory Academic Progress. Please see detailed information below. 

In order to receive Federal Student Aid, the U.S. Department of Education requires that students maintain satisfactory academic progress. The U.S. Department of Education also requires the University to establish and implement a policy to measure if a student is making satisfactory academic progress towards the completion of their degree program. Federal Student Aid includes Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Federal Work-Study (FWS), and Federal Direct Subsidized, Unsubsidized, Parent PLUS, and Grad PLUS Loans. Other federal, state, and private agencies may require students to maintain satisfactory academic progress for their aid programs as well. An evaluation for Federal Student Financial Aid Satisfactory Academic Progress (SAP) for all students will be completed once per year at the end of the spring semester to ensure compliance with the requirements specified below. The academic record of those who have not received Federal Student Aid in the past may impact future eligibility.  Failure to meet the following standards will result in suspension of eligibility for all types of Federal Student Aid.

1. Minimum cumulative grade point average (Qualitative measure)

UNDERGRADUATE STUDENTS: Federal regulations require a cumulative GPA of 2.0 or higher for undergraduate students. The cumulative GPA is calculated based on all South Dakota Mines and transfer undergraduate credit hours, excluding remedial and audited credit hours.

GRADUATE STUDENTS: Graduate students must maintain at least a 3.00 cumulative GPA to remain eligible for Federal Student Aid.

2. Pace of progression for cumulative credits attempted and completed (Quantitative measures)

In order to maintain satisfactory progress toward the completion of their degree, all students must successfully complete at least 67% of cumulative attempted credit hours. Attempted credit hours include all credit hours that appear on a student’s academic transcript, including withdrawals, incompletes, all instances of repeated courses, remedial coursework, transfer credits and credits attempted when not receiving Federal Student Aid. Credit hours that may have been part of a successful academic amnesty appeal are included in the evaluation. Audited coursework is not included. Successfully completed credit hours include grades of A, B, C, D and S. A grade of EX for undergraduate students is also considered successful completion. All other grades are not considered successful completion. Graduate students may receive a grade of NP (Normal Progress) which will not be changed to their final grade until program completion. Transcripts for graduate students with NP grades are evaluated manually and their system-calculated SAP status may be updated as appropriate. For Satisfactory Academic Progress purposes, all completed credit hours, even if subsequently repeated, are evaluated in the pace of progression calculation. Transcripts for students with previously completed and subsequently repeated credits are evaluated manually and their system-calculated SAP status may be updated as appropriate.

3. Maximum credits to complete a degree program (Maximum attempted credit hours)

The U.S. Department of Education has established a limit on the number of credit hours a student can attempt and remain eligible for Federal Student Aid. This limit is 150% of the credit hours needed to complete the degree for which the student is pursuing. The maximum attempted credit hours at South Dakota Mines are as follows:

Degree Program Maximum Credit Hours Attempted
Associate's 90 based on 60 credit hour degree program 
Bachelor's 180 based on 120 credit hour degree program (non-engineering) 
Bachelor's 195 based on 130 credit hour degree program (engineering)
Master's 49, 48 or 45 based on 33, 32 or 30 credit hour program respectively
PhD 108 or 120 based on 72 or 80 credit hour degree program

 

Appealing a Financial Aid Suspension

Students who have been determined to be ineligible for Federal Student Aid may submit a Financial Aid Suspension Appeal Form to explain circumstances beyond their control that adversely affected their ability to be academically successful at South Dakota Mines. Examples of extenuating circumstances include the student’s serious illness or injury, death of a family member which resulted in the student being gone from school for an extended period of time, or other circumstances beyond the student’s control. An academic plan must be included and contain the student’s strategies to be academically successful and meet the requirements in the future. Additionally, the student must meet with their academic advisor and obtain approval for the courses the student will enroll in for the next 12 months that are reasonable and attainable in order to progress toward degree completion. If the academic advisor is not available, the student should arrange to meet with another faculty member from the department. Failure to abide by the academic plan that is submitted to the Financial Aid Appeal Committee will be grounds for denial of Federal Student Aid for subsequent semesters. Each appeal will be dealt with on a case-by-case basis; therefore, no appeal is guaranteed to be approved. To ensure a timely review, appeals should be submitted prior to the start date of the semester for which a student is appealing for Federal Student Aid reinstatement. Appeals received after the semester start date will be reviewed on a case-by-case basis. The Financial Aid Suspension Appeal and all supporting documentation must be submitted online. If a student appeal is approved, the Financial Aid Appeal Committee will place conditions which the student must meet to in order to be considered for financial aid on a probationary basis for current and subsequent terms. Students receiving financial aid on a probationary basis will be evaluated at the end of each term. 

Reinstatement of Financial Aid Eligibility

Students who have lost Federal Student Aid eligibility but have subsequently met the qualitative and/or quantitative standards as stated above, will have their aid eligibility reinstated at the next evaluation period. Reinstatement will be effective with the next academic year.

Have more questions?

Financial Aid Office - South Dakota Mines     
501 E Saint Joseph Street
Rapid City, SD 57701
Fax: 605-394-1691

Office hours: 7:30am to 4:30pm Monday - Friday during the fall and spring semesters.
Summer hours: from 7:30am to 4:00pm Monday - Friday.  Our office is closed during any federally recognized holiday.

The Financial Aid Office at South Dakota Mines is located on the main floor of the O'Harra Administration building, Room 208.  We strive to adhere to and maintain the highest levels of ethical and moral integrity in the administration of the various financial aid programs available to our students. As a result, 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 South Dakota Mines Financial Aid Office Code of Conduct and Conflict of Interest statement. We invite you to review this information and feel free to contact our office if you have any questions.