Cost & Aid

South Dakota is recognized as the most affordable state in the United States to obtain a college degree, owing to its commitment to providing accessible and affordable education to students. The state is home to world-class public universities offering a diverse range of programs, allowing students to pursue their education in fields that align with their interests and career goals.

By attending college in South Dakota, students can enjoy a high-quality education that is affordable and accessible, and graduate with a strong return on investment. With its commitment to providing affordable education, South Dakota is an excellent choice for students seeking to invest in a college degree.


The South Dakota Board of Regents offers scholarships that can help pay for some or all of the costs of attending college. Find applications and discover if you qualify for the Jump Start Scholarship, the South Dakota Freedom Scholarship, the South Dakota Opportunity Scholarship, or any Need Based Scholarship.

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student in college classroom

Dual Enrollment

Get a head start on a college degree while attending high school. These opportunities allow students to enroll in college courses and earn credits through one of our six public universities dual enrollment programs.

Free Application for Federal Student Aid

By completing the FAFSA®, you can see if you qualify for financial aid to help pay for college. Manage student loans, learn about types of aid and apply for a program that works best for you.

group of students on college campus

Banner Financial Aid

To access the university Financial Aid Self-Service Portal, please select one of the options below:

If you have applied to more than one of the SD Board of Regents Universities, you may receive more than one email.  You will only need to use one of these emails to log into the system.  Once you log into the system, you will be able to see your financial aid information.

If you are a current employee within the Regental System, you can access the portal with your current user credentials provided to you by your institution or the South Dakota Board of Regents.  You will want to select the Current Students link for directions.

  • If you have not already logged on, you will be prompted to log in by entering your:
    • ID:
    • Password you created
  • Once logged in, you will be shown the Financial Aid Self-Service menu.
  • Follow the available links to review your financial aid requirements, holds, awards, and more.

If you do not currently have access to our student information system, review the steps outlined below and then click on Student Portal to access your financial aid award information.

  • Enter your Student ID in the “User ID” box, then click on the “Forgot Password?” button.
    • You should have received your “Student ID” in an email sent to the email address you specified on your FAFSA. The ID will be in the format of 123456789.
    • If you receive the error message “Authorization Failure – Security Question is not set up” and are a current/past student or employee of the South Dakota University system, then you will need to log in through the Current Student procedures instead of through this page.
  • You will then be presented with a security question. Enter your response to the question in the ‘Answer’ box, and then click the ‘Submit Answer’ button.
  • After correctly answering the security question, the next screen will allow you to reset your Password. Enter the same value in the boxes labeled “New Password” and “Re-enter new Password,” then click the “Reset Password” button.
    • a. Your new Password must be at least ten characters long and contain both letters and numbers.
  • Once logged in, select “click here” under Financial Aid.

If you need assistance with Financial Aid, please contact the Financial Aid Office at your institution:

Black Hills State University
Dakota State University
Northern State University
South Dakota School of Mines and Technology
South Dakota State University
University of South Dakota

Nelnet Business Solutions (formerly FACTS)

BOR offers Nelnet Business Solutions (formerly knows as FACTS Management Co.) as a convenient budget plan. It is not a loan, no interest or finance charges are assessed and there is no credit check. Your payment plan amount is calculated on your current account balance, which is your total term tuition and fee balance less any accepted financial aid, which will be applied directly to your account. Your monthly payment amount will be adjusted for changes on your account due to class changes (adds/drops), financial aid changes, or any changes to your student account balance. This adjustment will be made after the add/drop period and prior to your final two payments.

A nonrefundable $45/semester Nelnet Business Solutions (NBS) Enrollment Fee will be charged. The payment is automatically deducted on the 5th of each month from a checking or savings account. You may also have your payment charged to your credit card. If you elect to use your credit card, only American Express, Discover Card, MasterCard, or Visa may be used and a 2.85% convenience fee will be charged.

After registering for class, login to SDepay through your student portal to confirm your registration and tuition balance. Under the student tab in self-service select “SDePay/View Account/Pay here link. In SDepay click View & Pay Accounts from the menu on the left.  Then select Sign up for a payment plan. Follow the on-screen instructions to verify your payment amount and complete your payment agreement. Click here to access the student login.

To become an Authorized Payer requires the student to create a login name and password within SDePay granting access for the user. Once the login is created the Authorized Payer can access the Authorized Payer site. The Authorized Payer will then select the e-Cashier logo once they have logged into SDePay. Click here for Authorized Payers/Parents login.

For Nelnet Payment plan contact info and payment plan enrollment date deadlines please visit

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