Cost of college went up for all students at Mount Marty College

Tuition and fees rose 3.7 percent for 2017-18 at Mount Marty College, according to the latest disclosure from the U.S. Department of Education.


Tuition and fees rose 3.7 percent for 2017-18 at Mount Marty College, according to the latest disclosure from the U.S. Department of Education.

South Dakota students paid $26,310 to attend the four-year private not-for-profit institution this year $930 more than the $25,380 charged for 2016-17.

Data shows 99 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 98 students received grants or scholarships totaling $1.54 million and 76 students took out student loans totaling more than $528,315.

Including all undergraduates, 461 students used grants or scholarships totaling $6.13 million. Another 409 took out $3.23 million in federal student loans.

The cost of attending
Enrollment
2014-15
2015-16
2016-17
2017-18
Change in tuition and fees 2014-15 to 2017-18
~675
$22,992
$24,406
$25,380
$26,310
14.4%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Mount Marty College in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
43
43%
$227,496
$5,291
State / local grant or scholarship
16
16%
$19,850
$1,241
Institutional grants or scholarships
93
92%
$1,295,415
$13,929
Grant or scholarship aid total
98
97%
$1,542,761
$15,742
Federal student loans
75
74%
$479,050
$6,387
Other student loans
6
6%
$49,265
$8,211
Student loan aid
76
75%
$528,315
$6,952
Total student aid
100
99%

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