Paying For School

The Mickelson Center at Southeast Tech


This is an important time for you, and there is no more important consideration than finding the best ways to pay for this amazing opportunity.

Our financial aid staff is ready and willing to help you find your answers regarding – and resources to help you pay for  your Southeast Tech education.

There are four basic methods for financing your education:

  • Grants, which don't require repayment
  • Loans, which require repayment
  • Federal Work Study or employment on campus, and
  • Scholarships.

Each method requires you to submit applications.

  1. Complete the Free Application for Federal Student Aid (FAFSA). 
  2. Obtain acceptance from Southeast Tech.

Note: Make sure you are accepted to Southeast Tech so you can receive financial aid or scholarships.

Don't Bury Yourself in Debt!

Experts suggest capping total student debt below the first year’s expected salary. For example, if you expect to earn $35,000 upon graduation, your total student debt shouldn’t exceed $35,000. At Southeast Tech, every degree can be completed for under $30,000 and many for considerably less. With the lowest tuition rate for miles and the ability to earn a degree in 24 months or less, Southeast Tech is an excellent choice! 

Value Colleges has ranked Southeast Tech among the top 20 "Best Value Community Colleges."

Visit the Value Colleges site here to learn more.

South Dakota Wages by Educational Level Requirements*
2014 South Dakota Wages by Educational Level Requirements*
Average
Annual
Wage
Average
Hourly
Wage
Less than high school $21,927 $10.54
High school diploma or equivalent $33,769 $16.23
Some postsecondary education (no degree) $36,063 $17.34
Associate degree $62,485 $30.04
Bachelor's degree $57,769 $27.77
Master's degree $55,195 $26.54
Doctoral or professional degree $98,542 $47.38
Total, all occupations of all education levels $35,032 $16.84

 

Note: Data is preliminary and subject to revision. The wage and earnings data above indicates the average wages ofoccupationswith each respective level of education and should not be used as average wages for South Dakotans with the level of education indicated; statistically, the two measure quite different things. To calculate the average wages above, the starting point was determine the level of education typically hired for entry (defined below) for each occupation included in the Occupational Employment Statistics (OES) survey used to collect wage data. Of the 840 occupations included in the OES survey, South Dakota is able to publish wage data for about 650. (See ourOccupational Wages - Technical NotesWeb page for more information about the OES survey.) The average wage data for each occupation was then weighted by the employment level in that occupation, then grouped by educational level, summed and averaged, arriving at average wage data for all occupations with the same level of education typically required for entry. In summary, for example, the average annual wage of occupations which typically require an associate degree for entry is $62,485; but that is not the same as saying all South Dakotans with an associate degree earn$62,485per year on average.

Source: South Dakota Department of Labor and Regulation, Labor Market Information Center, September 2014 using May 2013 wage data aged through second quarter 2014.


Click here for more information from the South Dakota Department of Labor.