South Dakota Opportunity Scholarship

The South Dakota Legislature authorized the Regents Scholarship Program in 2003 to allow South Dakota's most academically accomplished high school graduates to receive an affordable education at any university, college, or technical school in South Dakota that is accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools.  In 2004, the Legislature renamed the scholarship the South Dakota Opportunity Scholarship and authorized funding from the state of South Dakota's Education Enhancement Trust Fund, beginning with high school graduating classes in 2004.

Scholarship Amounts

Starting in Fall 2023, the South Dakota Opportunity Scholarship provides up to $7,500 over four years to a qualifying student who attends an eligible higher education institution in South Dakota.  Recipients may participate in the South Dakota Opportunity Scholarship program for the equivalent of four academic years (eight consecutive fall and spring terms), or until attaining a baccalaureate degree.  During each academic year, one-half of the annual scholarship award will be distributed at the beginning of the fall semester and the other half distributed at the beginning of the spring semester:

1st year of attendance

$1,500

2nd year of attendance

$1,500

3rd year of attendance

$1,500

4th year of attendance

$3,000