Tuition rates were dropped for Iowans at a recent meeting of the South Dakota Board of Regents. South Dakota State University President David Chicoine says they’ve seen the impact of rising tuition on out-of-state students.
“The numbers of students we’ve been attracting from Iowa have actually softened over the last two or three years but our market share has gone up,” Chicoine says. “Iowa is facing some of the challenges that South Dakota is facing. The number of high school graduates is getting a little bit softer, so, the competition for those is going up.”
While tuition rates for Iowa students will go down, Chicoine says it means they’ll need more Iowa students on campus to avoid losing money. “Our break even point is like 16 additional Iowa freshmen,” he says, “so that means over a four-year period, if everything else stays the same, you’d have to have 240 additional Iowa students to be revenue neutral.”
The new rates for Iowa students apply at Dakota State University in Madison, Northern State University in Aberdeen, South Dakota State University in Brookings and University of South Dakota in Vermillion. Chicoine says the four universities have seen good results with other similar tuition breaks for neighbors.
“Everybody’s pretty well pleased with similar experiences at our other border states,” he says. “Wyoming students can go to Black Hills State for South Dakota resident rates. North Dakota students can go to Northern State for South Dakota resident rates. This is just to add Iowa to the relationship with Wyoming and North Dakota.”
The regents also approved a tuition freeze for the next school year at the recent meeting in Rapid City.
(By Jerry Oster, WNAX, Yankton)