South Dakota Board of Regents to expand South Dakota advantage states
RAPID CITY, S.D. — The South Dakota Board of Regents partnered with EAB earlier this year to study price sensitivity and enrollment patterns to help inform future tuition pricing decisions.
EAB analyzed enrollment data for all six Board of Regents institutions, and upon reviewing the study, university representatives felt there was an opportunity to adjust special rates and increase the prospective student pipeline.
“We are always looking for opportunities to grow our enrollment and bring more people into South Dakota,” said Board of Regents Executive Director Brian Maher. “By increasing our regional reach and offering a competitive tuition rate, we’re optimistic that our state will appeal to those students.”
By utilizing the existing South Dakota Advantage rate, the Board of Regents has proposed expanding the resident tuition program to Illinois and Wisconsin at the beginning of the 2023 academic year. The states were specifically identified as potential target markets due to their proximity to South Dakota and the level of demand for higher education.
The South Dakota Advantage rate currently applies to Colorado, Iowa, Montana, Nebraska, North Dakota and Wyoming students.
Another outcome of the study is to expand the South Dakota Advantage and Child of Alumni rates to qualifying students pursuing graduate programs at Board of Regent campuses. Currently, the rates only apply to undergraduate courses.
The proposal would offer resident graduate rates to students with those classifications who received an undergraduate degree from a South Dakota Board of Regents institution.
Findings have shown that approximately 30% of nonresident students remain in the state after graduation.