An increasing number of students at South Dakota universities rely on financial aid to pay
higher
education costs. The type of financial aid available has shifted from non-obligation aid
to obligation
aid, that is from grants and scholarships to loans and work-study. The average loan debt
of a graduate
with a baccalaureate degree has increased throughout the decade.

Source: Financial Aid Directors: BHSU, DSU, NSU, SDSMT, SDSU, USD

Source: Board of Regents Financial Aid Survey