501 E. St. Joseph Street • Rapid City, SD 57701-3995
Phone: (605) 394-6082/2554 • Fax: (605) 394-6177
FOR IMMEDIATE RELEASE
December 3, 2002
Contact: Steve Buchholz, Public Information Manager, 394-6082
Tech Named One Of “America’s 100 Best College Buys”
The South Dakota School of Mines and Technology is the only university in South Dakota named to the list of America’s 100 Best College Buys this year. This is the fifth consecutive year Tech has made the list.
“When you add this distinction to the excellent record of Tech students finding jobs and earning high starting salaries, it shows that students are getting their money’s worth and more when they choose South Dakota School of Mines and Technology,” Director of Admissions Joe Mueller said.
Tech’s 2001-2002 graduates averaged starting salaries of more than $46,000. The long-term average of Tech graduates finding work in their career fields or in gaining admission to graduate school exceeds 95 percent.
This year’s America’s 100 Best College Buys is the seventh list published by Institutional Research & Evaluation, Inc., a research and consulting organization that specializes in the recruiting and retention of students for universities. Each year, the organization identifies the 100 colleges and universities in the United States that provide students the highest quality education at the lowest cost. The organization sends surveys to each institution that meets its criteria and makes selections for the list. This year, 1,026 universities responded to the survey.
A university or college must meet the following criteria to be eligible:
Be an accredited, four-year institution offering bachelor’s degrees.
Offer full residential facilities including residence halls and dining services.
Have had an entering freshman class in the fall of 2001 with a high school grade point average and/or SAT/ACT score equal to or above the national average for entering college freshmen.
Have an out-of-state cost of attendance in 2002-2003 for three-quarters or two semesters below the national average cost of attendance or not exceeding the national average cost by more than 10 percent.
The survey also reported average costs of attendance, which were based on the costs at a private institution and the out-of-state costs at a public institution. The average costs for 2000-2001 were $19,430. Tech costs are $7,219 for South Dakota residents and $11,574 for out-of-state residents.
Survey results showed that the average national ACT score for entering college freshmen was 23, the SAT average was 1081, and the average high school grade point average was 3.24. Entering freshman at Tech earned an average ACT average score of 24, SAT average of 1171 and a GPA average of 3.37.
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Devereaux Library. South Dakota School of Mines and Technology.