Office of University Relations
SDSM& T News
501 E. St. Joseph Street • Rapid City, SD 57701- 3995
Phone: ( 605) 394- 6082/ 2554 • Fax: ( 605) 394- 6177
FOR IMMEDIATE RELEASE
October 29, 1999
SDSM& T RECOGNIZED AS A ‘ BEST BUY’ IN COLLEGE EDUCATION
The South Dakota School of Mines & Technology ( SDSM& T) has been recognized by two publications as a ‘ best buy’ in college education. Tech is among the 280 institutions listed in the current edition of Barron’s Best Buys in College Education which strives to breach the link between college price and quality. In addition, just recently the 9th Annual National College Survey announced that SDSM& T has met all the requirements necessary to be included in the 4th Annual Report on America’s 100 Best College Buys.
Barron’s Best Buys identifies 280 universities where the total cost of tuition, fees, room, and board in 1997- 98 did not exceed $ 25,000 ( or did so only slightly). The list includes universities where at least two thirds of the faculty held Ph. D.’ s; where at least half of the entering freshmen graduated within 4 or 5 years; and where a significant percentage of the graduates went on to pursue advanced degrees within 5 years of earning their bachelor’s degrees. The schools were chosen based on their tuition rates compared with both the national average for schools of the same type, and with rates for similar schools within the same region or schools of comparative academic emphasis. Barron’s goal in selecting 280 ‘ best buys’ in college education was to identify universities where the education dollar goes further.
A second publication, America’s 100 Best College Buys, narrowed the list even further for the public. Institutional Research & Evaluation, Inc., an independent research and consulting organization, identified the 100 colleges and universities out of a pool of 1,458 that provide students the highest quality education at the lowest cost.
To be considered for the designation of America’s 100 Best College Buys an institution must meet the following requirements:
be an accredited, four- year institution offering bachelor degrees for both men and women,
Offer full residential facilities including residence halls and dining services,
Offer opportunities to qualified students for need- based, academic- based and athletic- based financial aid,
Have had an entering freshman class in the fall of 1998 with a high school grade point average and/ or SAT/ ACT score equal to or above the national average for entering college freshmen, and
- more - - Page 2 -
Have an out- of- state cost of attendance in 1999- 2000 for three quarters or two semesters below the national average cost of attendance or not exceeding the national average cost by more than ten percent.
In their survey response SDSM& T reported an in- state tuition cost of $ 6,320, and an out- of- state tuition cost of $ 10,139. Entering freshman at Tech had an average high school GPA of 3.42, an average SAT score of 1100, and an average ACT score of 24*. Overall survey results showed a national average cost of attendance at a private institution and the out- of- state cost of attendance at a public institution for 1999- 2000 of $ 16,501.
The only other university in South Dakota that is recognized in the report is Mount Marty College in Yankton. The report lists Mount Marty’s in- state and out- of- state tuition cost at $ 14,148, and entering freshman average GPA of 3.23, and average ACT score of 22.
* 1999- 2000 tuition, room and board costs at SDSM& T are reported at $ 6,972 ( books are an additional $ 700) in- state, and $ 11,046 for out- of- state. Average SAT score for entering freshmen was 1140, and average ACT was 24.
( I: univrel/ pressrel/ 1099 America’s 100 Best College Buys)
Click tabs to swap between content that is broken into logical sections.
The work from which this copy was made did not include a formal copyright notice. This work may be protected by U. S. copyright law (Title 17, United States Code), which governs reproduction, distribution, public display, and other uses of protected works. Uses may be allowed with permission from the copyright holder, if the copyright on the work has expired, or if the use is fair use or within another legal exemption. The user of this work is responsible for compliance with the law.
Devereaux Library. South Dakota School of Mines and Technology.