For the 2022-23 school year, in-state tuition at The University of Montana increased by 3.9%, as revealed in the latest disclosure, according to the latest disclosure from the National Center for Education Statistics.
Montana residents paid $7,719 to attend the public university this year, representing a $227 rise from the $7,492 tuition fee charged during the 2021-22 academic year.
Non-resident students faced tuition costs that were 283.9% higher than those for in-state students in 2022-23, amounting to $29,634. This figure reflects a 4.1% increase from $28,476 in the previous year.
Approximately 55% of the undergraduate student body at the university are Montana residents, while about 44% come from other states and 1% are international students.
Financial aid data indicates that 93% of full-time undergraduates who enrolled in 2022-23 received some form of student aid. A total of 1,308 students obtained grants or scholarships amounting to $12 million, and 752 students secured loans exceeding $5.6 million.
Across all undergraduates, 4,652 students benefited from grants or scholarships totaling $33.9 million. Additionally, 3,025 students borrowed $22.4 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the The University of Montana in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 429 | 29% | $2.3 million | $5,361 |
| State / local grant or scholarship | 141 | 9% | $429,428 | $3,046 |
| Institutional grants or scholarships | 1,136 | 76% | $9.3 million | $8,199 |
| Grant or scholarship aid total | 1,308 | 87% | $12 million | $9,208 |
| Federal student loans | 743 | 50% | $3.8 million | $5,174 |
| Other student loans | 101 | 7% | $1.8 million | $17,642 |
| Student loan aid | 752 | 50% | $5.6 million | $7,482 |
| Total student aid | 1,392 | 93% | $17.7 million | $12,693 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
