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Saturday, September 21, 2024

Cost of college went up for all students at The University of Montana

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In-state tuition and fees rose 2.6 percent for 2018-19 at The University of Montana, according to recent data from the U.S. Department of Education.

Montana residents paid $7,244 to attend the four-year public institution this year – $181 more than the $7,063 charged for 2017-18.

Non-residents paid 244.5 percent more than residents this year, or $24,959. Their price tag grew 0.1 percent from $24,943 in 2017-18.

About 66 percent of the school's undergraduate population are Montana residents. About 33 percent are residents of other states and 1 percent are citizens of other countries.

Data shows 89 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 1,127 students received grants or scholarships totaling $6.8 million and 890 students took out student loans totaling more than $5.4 million.

Including all undergraduates (10,962), 5,756 students used grants or scholarships totaling $32.2 million, and 4,692 students took out $34.9 million in federal student loans.

The cost of attending
Enrollment2015-162016-172017-182018-19Change in tuition and fees 2015-16 to 2018-19
In-state~7,235$6,158$6,238$7,063$7,24417.6%
Out-of-state~3,617$23,048$23,764$24,943$24,9598.3%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at The University of Montana in 2015-16.
Type of AidNumber of students receiving aidPercent receiving aidTotal amount of aid receivedAverage amount of aid per student
Federal grants58638%$2,825,583$4,822
State / local grant or scholarship00%$0-
Institutional grants or scholarships76549%$4,000,145$5,229
Grant or scholarship aid total1,12772%$6,825,728$6,057
Federal student loans88557%$4,916,720$5,556
Other student loans393%$515,513$13,218
Student loan aid89057%$5,432,233$6,104
Total student aid1,38589%--

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